EnergySolutions to Continue Magnox Cleanup

Wednesday, December 10, 2008

Today, the Nuclear Decommissioning Authority (NDA) in the United Kingdom announced that the competition for the new contract for the cleanup of the Magnox reactor sites will commence in 2011. Award of the contract is expected by the end of 2012. EnergySolutions will continue to lead this important cleanup project during this time period and it will bid on the new contract.
The NDA stated that it would select a single operator for Magnox North Limited, Magnox South Limited and Research Sites Restoration Limited.

"We are delighted that the NDA has announced its competition schedule and we appreciate its confidence in us as we move forward with the cleanup of the Magnox sites. We will continue to operate in a safe and cost effective manner," said Mark Morant, President of EnergySolutions International Group. "This announcement gives clarity to the workforce and local communities whose continued support is vital to the success of this important project."

"We welcome the opportunity to continue to make progress on the cleanup of the Magnox sites and we look forward to working closely with the NDA. I am proud of our 3500 employees in the U.K. who work every day to operate reactors and drive down the cost of decommissioning these plants.EnergySolutions will continue to use our creative people and technologies to minimize costs to the U.K. taxpayers," said Steve Creamer, Chairman and CEO of EnergySolutions.

Since June 2007 EnergySolutions has managed the 22 nuclear reactors at the ten sites since including four that generated over 5,000 gigawatt hours for the U.K. in 2007. EnergySolutions is making good progress in the safe decommissioning of the Magnox reactors.

EnergySolutions offers customers a full range of integrated services and solutions, including nuclear operations, characterization, decommissioning,decontamination, site closure, transportation, nuclear materials management, processing, recycling, and disposition of nuclear waste, and research and engineering services across the nuclear fuel cycle.

Statements in this news release may contain forward-looking statements that involve risks and uncertainties. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Forward-looking statements are not guarantees of future performance and the Company's actual results may differ significantly from the results discussed in the forward-looking statements.

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