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Yellow Cat Uranium Plc (YCUP)

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Friday 30 October, 2009

Yellow Cat Uranium Plc

Trading Statement


Trading update

On 9th July 2009, Yellow Cat Uranium signed heads of agreement with a
biotechnology intellectual property company, by which it would have been
acquired in a reverse takeover. This transaction is now unlikely to proceed
given the uncertainties and costs of a re-admission to the PLUS Markets.
Meanwhile, the company continues to look at alternative transactions and is
keeping operating costs at a minimum. On a positive note, it should be noted
that interest in uranium and uranium exploration has recently increased.

The Directors of Yellow Cat Uranium plc accept responsibility for this
announcement.


                                                                                                                                              

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