CAMECO CORP

Ticker: CCJ CUSIP: 13321L108 Class: COM

MARATHON CAPITAL MANAGEMENT's Holding History (CIK: 0001213206)

Note: Option positions (PUT/CALL) are excluded.

Q1 2014

Shares 15,700 Value ($000) $360 Avg Close $19.53 Range $17.29 - $22.64

Q4 2013

Shares 29,900 Value ($000) $621 Avg Close $16.93 Range $15.06 - $18.58

Q3 2013

Shares 26,900 Value ($000) $486 Avg Close $17.41 Range $15.70 - $19.40

Q2 2013

Shares 26,400 Value ($000) $545 Avg Close $17.58 Range $15.01 - $19.72

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	15,700	$360	$19.53	$17.29 - $22.64
Q4 2013	29,900	$621	$16.93	$15.06 - $18.58
Q3 2013	26,900	$486	$17.41	$15.70 - $19.40
Q2 2013	26,400	$545	$17.58	$15.01 - $19.72