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01/19/05
USEC Vice President Michael Woo Succumbs to Injuries

BETHESDA, Md., Jan 19, 2005 (BUSINESS WIRE) -- Michael T. Woo, vice president, strategic development of USEC Inc., died yesterday at Inova Fairfax Hospital in Virginia, succumbing to injuries sustained in an automobile accident on December 24. He was 51 years old.

"We are deeply saddened by this tragic accident," said USEC Chairman and Chief Executive Officer James R. Mellor. "Mike was a highly regarded and respected team member, and he will be greatly missed by all of us who had the pleasure of working with him."

Mr. Woo joined USEC in 1994 as manager, financial strategic programs. He played a substantial role in the privatization of USEC, oversaw its power operations and led several strategic initiatives. He was elected vice president by the board of directors in 2001. Prior to joining USEC, Mr. Woo was a professional staff member for the Committee on Energy and Commerce of the U.S. House of Representatives. From 1977 to 1994, he was a principal staff member working on energy legislation for the committee.

A memorial service is being planned in Washington, DC. For further information, call (301) 564-3404.

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

SOURCE: USEC Inc.

USEC Inc.
Charles Yulish, 301-564-3391