July 8, 2003

Claude Resources Announces
Appointment of New Director

William R. MacNeill, Chairman of Claude Resources Inc., is pleased to announce the appointment of Mr. Robert W. Termuende, P.Geol. as a new director of Claude.

In 1956 Mr. Termuende graduated from the University of British Columbia with a B.A. degree in the Geological Sciences. For the past 30 years he has been an officer and director of successful Canadian natural resource companies including Rio Alto Exploration, Kenton Natural Resources (renamed Pacalta Resources) and Delaware Resources.

Mr. Termuende is a life member of the Association of Professional Engineers, Geologists and Geophysicists of Alberta and has experience in exploration, corporate management and finance.