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For Immediate Release:
July 29, 2004
USEC Inc. Board of Directors Declares Quarterly Dividend

BETHESDA, Md. - The Board of Directors of USEC Inc. (NYSE: USU) today declared a quarterly dividend of 13.75 cents per share on USEC’s common stock. The dividend is payable September 15, 2004, to shareholders of record on August 27, 2004. This will be USEC’s 24th consecutive quarterly dividend payment since its IPO in 1998.

USEC Inc., a global energy company, is the world’s leading supplier of enriched uranium fuel for commercial nuclear power plants.

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Contact:
Steven Wingfield (301) 564-3354
USEC website: www.usec.com