Uranio AG appoints SRK to conduct a site visit to the Bakouma North and Ndenguiro permit areas located in the Central African Republic

Uranio AG / Miscellaneous/Miscellaneous

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Uranio AG         Hirschgässlein 30         Frankfurt: UAI WKN: A0MKD4  
www.uranio.ch     CH-4051 Basel             Telefon: +41(61)271 27 70
                  Schweiz                   Telefax: +41(61)271 27 71


News Release 10-2008                        Basel, October 22nd 2008


Uranio AG appoints SRK to conduct a site visit to the Bakouma North and
Ndenguiro permit areas located in the Central African Republic.

Following on from a recent Desk Top Study of the Uranio licenses in the
Central African Republic, Uranio AG has engaged SRK Engineers and
Scientists to send a six person Geological team to commence reconnaissance
field work on the Bakouma North and Ndenguiro permit areas.

SRK are an internationally recognised mining and exploration consultancy
group with experience in every type of mining project on every continent;
from grass roots exploration to site remediation.  For more information
please follow the link http://www.srk.com

This team will include the project director and manager, a project
exploration geologist/manager, an environmental scientist/socio-economic
expert/ecologist, an additional geologist and/or a geochemist to assist
with baseline data assessment and a logistics manager.  The results of the
site visit will determine the exploration strategy to best delineate
uranium resources within the license areas.

On behalf of the Board of Directors

'David Risbey'

Director 
22.10.2008  Financial News transmitted by DGAP
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