Uranium Participation Corp URPTF

NEWS...EPS...WOW!!!

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Uranium Participation Corporation TSX: U Aug 13, 2007 08:30 ET Uranium Participation Corporation Reports Net Asset Value at July 31, 2007 TORONTO, ONTARIO--(Marketwire - Aug. 13, 2007) - THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Uranium Participation Corporation ("Uranium Corp") (TSX:U) reports its net asset value at July 31, 2007 was CDN$846,470,000 or CDN$14.14 per share. On a fully diluted basis, after assuming the full exercise of all outstanding warrants, net asset value per share was CDN$14.04. As at July 31, 2007, Uranium Corp's investment portfolio consisted as follows: --------------------------------------------------------------------------(in thousands of Canadian Quantity Average Cost Market Value dollars, except quantity amounts)-------------------------------------------------------------------------- Investments in Uranium: Uranium oxide in concentrates ("U3O8") 4,475,000 lbs $ 197,093 $ 572,281 Uranium hexafluoride ("UF6") 1,200,000 KgU $ 217,963 $ 402,835 -------------------------------------------------------------------------- $ 415,056 $ 975,116---------------------------------------------------------------------------------------------------------------------------------------------------- U3O8 average cost and market value per pound: - In Canadian dollars $ 44.04 $ 127.88(1) - In United States dollars $ 37.91 $ 120.00 UF6 average cost and market value per KgU: - In Canadian dollars $ 181.64 $ 335.70(1) - In United States dollars $ 161.81 $ 315.00---------------------------------------------------------------------------------------------------------------------------------------------------- (1) Converted at the July 31, 2007 exchange rate of $1.0657. About Uranium Participation Corporation Uranium Participation Corporation is an investment holding company which invests substantially all of its assets in uranium oxide in concentrates (U3O8) and uranium hexafluoride (UF6) (collectively "uranium"), with the primary) investment objective of achieving appreciation in the value of its uranium holdings. Additional information about Uranium Participation Corporation is available on SEDAR at www.sedar.com and on Uranium Participation Corporation's website at www.uraniumparticipation.com. For more information, please contact Uranium Participation Corporation E. Peter Farmer President [phone] Ext. 231 or Uranium Participation Corporation James Anderson Chief Financial Officer [phone] Ext. 372 Website: www.uraniumparticipation.com