EnergySolutions Considers Sale of UK/Europe Business

EnergySolutions is considering the sale of the company’s UK and European business which holds a contract with the Nuclear Decommissioning Authority to manage and operate 22 of the UK’s Magnox nuclear reactor fleet. The company acquired the current Magnox contract in June 2007.

PRESS RELEASE

EnergySolutions (NYSE: ES) has announced that it is considering the sale of the company’s UK and European business which holds a contract with the Nuclear Decommissioning Authority (“NDA”) to manage and operate 22 of the UK’s Magnox nuclear reactor fleet. The Company acquired the current Magnox contract in June 2007.
“We were approached by third parties to purchase the ESEU business, which holds the Magnox contract with the NDA, and are considering a number of proposals and transaction structures,” David Lockwood, CEO and President, stated. “We are evaluating these alternatives in the best interests of our shareholders, customers and employees.”
The NDA has raised no objections to the sale consideration which will be evaluated quickly and efficiently.
About EnergySolutions, Inc.
EnergySolutions offers customers a full range of integrated services and solutions, including nuclear operations, characterization, decommissioning, decontamination, site closure, transportation, nuclear materials management, the safe, secure disposition of nuclear waste, and research and engineering services across the fuel cycle.