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For Immediate Release:
January 12, 1999
USEC Announces Preliminary Second Quarter Results

BETHESDA, Md. - USEC Inc. (NYSE: USU) today announced that it estimates that its revenue for its second fiscal quarter ended December 31, 1998 will be $422 million, and its net income for this quarter will be approximately $31 to $33 million. These estimates are subject to completion of the Company’s internal accounting process, and the Company expects to issue a more detailed earnings release in the third week of January. The Company notes that its net income estimates are in line with analyst expectations for the quarter.

USEC Inc. is the world leader in production and sales of uranium fuel enrichment services for commercial nuclear power plants. A global energy company with customers in 14 countries, the Company’s operations involve approximately 5,000 people. With headquarters in Bethesda, Maryland, the Company manages production plants in Kentucky and Ohio, and is developing an advanced laser enrichment technology in California.

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Contact:
Steven Wingfield (301) 564-3391