Update: EnergySolutions Moab Project Receives American Recovery and Reinvestment Act Funding of Nearly $23 Million

SALT LAKE CITY, UT, Oct 05 (MARKET WIRE) --
EnergySolutions, Inc. (NYSE: ES) announced today that $22.9 million of
American Recovery and Reinvestment Act funding has been allocated to the
Moab UMTRA project. The total amount of American Recovery and
Reinvestment Act funding for the Moab project is $108 million. The
funding is being used to accelerate removal of uranium mill tailings away
from the banks of the Colorado River. Thus far 160 jobs have been created
this year as a result of Recovery Act funding.

"We are thrilled that the U.S. Department of Energy (DOE) has allocated
sufficient funding to the Moab project to accelerate the cleanup of the
site. This is great news for the community and for all who use the
Colorado River and Lake Powell," said Steve Creamer, CEO and Chairman of
EnergySolutions.

The Recovery Act funding is being used to excavate, transport and dispose
of additional mill tailings from the Moab site to the Nuclear Regulatory
Commission-approved disposal cell at Crescent Junction. This additional
work began in June and will continue through September 2011. Additionally,
this additional funding supports increasing the size of the disposal cell
as well as crushing, transporting, and placing final rock cover on the
disposal cell. This portion of the work began in August and continues
through September 2011.

Sixteen million tons of uranium mill tailings will eventually be relocated
30 miles north of Moab to a location designated by the DOE.

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.

For more information please contact
Mark Walker
801-649-2194
Email Contact

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