EX-4 5 o15894exv4.htm PRINCIPAL ACCOUNTANT FEES AND SERVICES exv4
 

EXHIBIT 4

     For fiscal years ended December 31, 2004 and December 31, 2003, KPMG LLP and its affiliates were paid by Cameco Corporation and its subsidiaries the following fees:

                 
    2004     2003  
Audit fees:
               
 
               
Cameco – audit
  $ 386,000     $ 583,000  
Centerra – audit
    400,500        
Centerra – securities
    275,000        
 
           
 
  $ 1,061,500     $ 583,000  
 
               
Audit – related fees:
               
Proposed AIM Listing for AGR
        $ 11,000  
SOX 404 Scoping Project
    75,000        
Translation services
    9,000       26,000  
Accounting disclosure
    14,000       23,000  
Pensions and other
    10,700       6,000  
 
           
 
  $ 108,700     $ 60,000  
 
               
Tax:
               
Compliance
  $ 83,800     $ 96,000  
Planning and advice
    55,400       127,000  
 
           
 
  $ 139,200     $ 223,000  
 
               
All other fees:
               
Special investigation
        $ 25,000  
 
           
 
               
Total
  $ 1,309,400     $ 897,000  
 
           

     Pre-Approval Policies and Procedures

As part of Cameco’s corporate governance practices, under Cameco’s audit committee charter, the audit committee is required to pre-approve the audit and non-audit services performed by the external auditors. Unless a type of service is to be provided by the external auditors receives general pre-approval, it requires specific pre-approval by Cameco’s audit committee or audit committee chair, or in the absence of the audit committee chair, a member of the audit committee as designated by the audit committee. All pre-approvals granted pursuant to the delegated authority must be presented by the member(s) who granted the pre-approvals to the full audit committee at its next meeting. The audit committee has adopted a written policy to provide procedures to implement the foregoing principles.