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11/04/02
Richard F.G. Miller Joins USEC Inc. As Managing Director of Corporate Development
BETHESDA, Md., Nov 4, 2002 (BUSINESS WIRE) -- USEC Inc. (NYSE:USU) announced today that Richard F.G. Miller has joined the company as managing director of corporate development. Mr. Miller will lead all USEC activities related to identifying and pursuing opportunities for business partnerships, joint ventures and other new business arrangements.

"I'm delighted that Richard is joining us to lead our efforts to build upon our core activity of uranium enrichment and expand our business into other areas. Nuclear power is poised for growth and we have a substantial presence in the nuclear energy fuel cycle. We intend to be a dynamic participant in that growth," stated William H. Timbers, USEC president and chief executive officer.

Mr. Miller has led corporate and strategy development activities for companies in telecommunications, information technology, the defense industry and management consulting, including Hewlett-Packard, Texas Instruments, Sun Microsystems and McKinsey & Company.

Mr. Miller earned his BS in Industrial Engineering & Operations Research from Cornell University and an MBA with honors from the University of Chicago.

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

CONTACT:
USEC Inc.
Charles Yulish, 301/564-3391
or
Elizabeth Stuckle, 301/564-3399