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OMB APPROVAL
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OMB Number 3235-0287
Expires: December 31, 2001
Estimated average burden
hours per response ....... 0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Jarislowsky, Fraser Limited
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(Last) (First) (Middle)
1010 Sherbrooke St. West
Suite 2005
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(Street)
Montreal, Quebec H3A 2R7 Canada
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
April 24, 2000
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Issuer Name and Ticker or Trading Symbol
Cameco Corporation and CCJ
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5 Relationship of Reporting Person to Issuer
(Check all applicable)
[ ] Director [ ] 10% Owner
[ ] Officer (give title below) [ X ] Other (specify below)
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6. If Amendment, Date of Original (Month/Year)
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7. Individual or Joint/Group Filing
(Check Applicable Lines)
[X] Form Filed by One Reporting Person
[ ] Form Filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Beneficially Owned
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<TABLE>
<CAPTION>
3. Ownership Form:
2. Amount of Securities Direct (D) or
1. Title of Security Beneficially Owned Indirect (I) 4. Nature of Indirect Beneficial Ownership
(Instr. 4) (Instr. 4) (Instr. 5) (Instr.5)
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<S> <C> <C> <C>
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Common Shares 5,939,144 I As investment adviser for clients
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</TABLE>
(Print or Type Responses)
FORM 3 (continued)
Table II -- Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
5. Owner-
3. Title and Amount of Securities ship
Underlying Derivative Security Form of
2. Date Exercisable (Instr. 4) Derivative
and Expiration Date --------------------------------- 4. Conver- Security:
(Month/Day/Year) Amount sion or Direct 6. Nature of
---------------------- or Exercise (D) or Indirect
Date Expira- Number Price of Indirect Beneficial
1. Title of Security Exer- tion of Derivative (I) Ownership
(Instr. 4) cisable Date Title Shares Security (Instr.5) (Instr. 5)
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<S> <C> <C> <C> <C> <C> <C> <C>
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</TABLE>
Explanation of Responses:
The Reporting Person is a registered investment adviser, and by virtue of
the aggregate percentage position of its clients, as determined in
accordance with Rule 13d-3 under the Securities and Exchange Act of 1934
(the "Exchange Act"), it is "deemed" to be a more than 10% beneficial owner
of the Issuer's Common Stock. However, the Reporting Person disclaims
beneficial ownership in these securities except to the extent of its
"pecuniary interest" (as such term is defined in Rule 16a-1 under the
Exchange Act) in its clients' securities, if any. The Reporting Person
disclaims beneficial ownership in these securities for Section 16 purposes
and for all other purposes.
Jarislowsky, Fraser Limited
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By: /s/ Erin P. O'Brien September 14, 2000
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(FN**)Signature of Reporting Person Date
Erin P. O'Brien
Assistant Treasurer and Partner
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient. See Instruction 6 for procedure.
Potential persons who are to respond to the collection of information
contained in this form are not required to respond unless the form displays
a currently valid OMB Number.
