EX-99.4 5 o68633exv99w4.htm EX-99.4

exv99w4

EXHIBIT 99.4

For fiscal years ended December 31, 2010 and December 31, 2009, KPMG LLP and its affiliates were paid by Cameco Corporation and its subsidiaries the following fees:

						% of								% of
						Total								Total
(Cdn$)		2010				Fees				2009				Fees
Audit Fees:
Cameco		$	1,697,700				62.6	%		$	1,739,900				48.7	%
Centerra and other subsidiaries			256,200				9.5	%			978,600	1			27.4	%
Total Audit Fees		$	1,953,900				72.1	%		$	2,718,500				76.1	%
Audit-Related Fees:
Cameco		$	273,400				10.1	%		$	219,800				6.1	%
Centerra and other subsidiaries			—				—				32,300	1			0.9	%
Translation services			44,500				1.6	%			424,000				11.9	%
Pensions			20,000				0.7	%			17,000				0.5	%
Total Audit-Related Fees		$	337,900				12.5	%		$	693,100				19.4	%
Tax Fees:
Compliance		$	199,200				7.3	%		$	40,000				1.1	%
Planning and advice			219,500				8.1	%			122,400				3.4	%
Total Tax Fees		$	418,700				15.4	%		$	162,400				4.5	%
All Other Fees:			—				—				—				—
Total Fees:		$	2,710,500				100.0	%		$	3,574,000				100.0	%

¹ The 2009 fees include amounts related to Centerra Gold Inc. (Centerra). We disposed of our entire interest in Centerra in December 2009.

Pre-Approval Policies and Procedures

As part of Cameco Corporation’s corporate governance practices, under its audit committee charter, the audit committee is required to pre-approve the audit and non-audit services performed by the external auditors. The audit committee pre-approves the audit and non-audit services up to a maximum specified level of fees. If fees relating to audit and non-audit services are expected to exceed this level or if a type of audit or non-audit service is to be performed that previously has not been pre-approved, then separate pre-approval by Cameco Corporation’s audit committee or audit committee chair, or in the absence of the audit committee chair, the chair of the board, is required. All pre-approvals granted pursuant to the delegated authority must be presented by the member(s) who granted the pre-approvals to the full audit committee at its next meeting. The audit committee has adopted a written policy to provide procedures to implement the foregoing principles. For each of the years ended December 31, 2010 and 2009, none of Cameco Corporation’s Audit-Related Fees, Tax Fees or All Other Fees made use of the de minimis exception to pre-approval provisions contained in paragraph (c)(7)(i) of Rule 2-01 of Regulation S-X promulgated by the U.S. Securities and Exchange Commission.