BETHESDA, Md. - Robert Van Namen, who heads nuclear fuel management for Duke Energy's system of seven nuclear reactors, will join USEC by year's end to lead the company's marketing and sales operations. The announcement was made by William H. Timbers, President and Chief Executive Officer of USEC Inc. USEC (NYSE: USU) is the world leader in production and sales of uranium enrichment services for commercial nuclear power plants.

"With his considerable experience in nuclear fuel management for one of the world's leading and most respected nuclear electric utilities, Van Namen brings a wealth of customer experience and perspective to our business and to the expansion of our leadership in the nuclear fuel cycle," Timbers said.

Commenting on his new position of Vice President, Marketing and Sales, Van Namen said, "I'm pleased and excited about taking on my new responsibilities at USEC. I'm looking forward to increasing our focus on our customers -- including enhancing our services and our relationships and creating value for them as they face the challenges of competition world wide."

Van Namen will report to Jeffry Sterba, Executive Vice President, who heads USEC's new efforts in revenue development, market growth and business strategy.

Van Namen is a nuclear engineer with 15 years of experience in nuclear operations and nuclear fuel management. He is well known in the industry and has published numerous papers dealing with nuclear fuel issues and the impact of deregulation on nuclear power. He has served in a variety of leadership roles in the nuclear fuel industry, professional organizations and the Nuclear Energy Institute. He earned his Bachelor of Science and Master of Science degrees at the University of Virginia and continued his studies in Duke Energy's leadership development programs.

USEC Inc. is a global energy company with customers in 14 countries. USEC's operations include approximately 5,000 people. With headquarters in Bethesda, MD, USEC manages uranium enrichment plants in Kentucky and Ohio and is developing an advanced laser enrichment technology in California.

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