SOURCE: EnergySolutions, Inc.

EnergySolutions, Inc.

November 16, 2009 10:00 ET

EnergySolutions Awarded Large Component Contract From Exelon Nuclear

SALT LAKE CITY, UT--(Marketwire - November 16, 2009) - EnergySolutions, Inc. (NYSE: ES) announced today it has signed a $24.3 million contract with Exelon Nuclear to remove and dispose of obsolete materials and equipment from several of the utilities' power plants.

"We appreciate the confidence the company has in EnergySolutions to be part of the team that will help them upgrade major components resulting in additional emissions free power generation at these stations," said Steve Creamer, CEO and Chairman.

EnergySolutions will remove some of the equipment that is either no longer in use or is being replaced with more technologically advanced components. The material will be transported to EnergySolutions' facility in Clive, Utah.

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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