CONFIRMING STATEMENT

	This Statement confirms that the undersigned,
Roy Banks, has authorized and designated either of Eugene
DiDonato, Timothy O'Brien, and Debra Michelson, acting
singly, to execute and file on the undersigned's behalf
all Forms 3, 4 and 5 (including any amendments thereto)
that the undersigned may be required to file with the
U.S. Securities and Exchange Commission as a result of
the undersigned's ownership of or transactions in
securities of Lightbridge, Inc.  The authority of
Eugene DiDonato, Timothy O'Brien, or Debra Michelson
under this Statement shall continue until the undersigned
is no longer required to file Forms 3, 4 and 5 with regard
to the undersigned's ownership of or transactions in
securities of Lightbridge, Inc., unless earlier revoked in
writing.  The undersigned acknowledges that Eugene
DiDonato, Timothy O'Brien, or Debra Michelson is not
assuming any of the undersigned's responsibilities to
comply with Section 16 of the Securities Exchange Act of
1934.


Dated:     10/4/04                      /s/ Roy Banks
        ____________________		ROY BANKS