SOURCE: EnergySolutions

December 23, 2008 19:03 ET

EnergySolutions Announces Reorganization

SALT LAKE CITY, UT--(Marketwire - December 23, 2008) - EnergySolutions, Inc. (NYSE: ES) CEO and Chairman, Steve Creamer, announced today that in order to best position the company for 2009 and beyond, and to maximize the talents of the executives, Val Christensen has accepted the position of President of the company and Raul Deju has accepted the position of Chief Operating Officer (COO).

"We have extraordinarily talented executives and Val and Raul will excel in their new positions," said Steve Creamer. "Val's past management experience and his thoughtful problem solving skills are invaluable to the company. Raul's management skills, in-depth knowledge of the company and his attention to detail make him the ideal COO. Both Val and Raul have done outstanding jobs in their current respective positions as General Counsel and President and I have full confidence in their ability to continue to perform to the highest level in their new positions."

Mr. Christensen will oversee several corporate offices including: legal, government affairs/communications, regulatory affairs, contracts/procurement, human resources and environmental, safety, health and quality assurance. All operational units are being consolidated under Dr. Deju: International Group; Federal Services; Commercial Services; Logistics, Processing and Disposal and the Canada division. Dr. Deju will also oversee the Engineering and Technology division.

Both Mr. Christensen and Dr. Deju will continue to report to CEO and Chairman, Steve Creamer.

Phillip Strawbridge remains Chief Financial Officer and will oversee Accounting, Investor Relations, Treasury, Risk Management, IT and Mergers and Acquisitions.

EnergySolutions offers customers a full range of integrated services and solutions, including nuclear operations, characterization, decommissioning, decontamination, site closure, environmental remediation, 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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