SALT LAKE CITY, UT--(Marketwire - November 14, 2007) - EnergySolutions, Inc. (NYSE: ES) today announced that its initial public offering of 30,000,000 depositary shares, each representing one share of its common stock, has been priced at $23 per share. The depositary shares will begin trading on the New York Stock Exchange on November 15, 2007 under the symbol "ES."

Of the total 30,000,000 shares sold in the offering, EnergySolutions sold 11,850,000 shares, and the selling stockholder sold 18,150,000 shares. The selling stockholder is controlled by affiliates of Lindsay Goldberg, Peterson Partners L.P. and certain members of the management of EnergySolutions. In addition, the underwriters of the offering have an option to purchase up to 4,500,000 additional shares to cover over-allotments. Of the 4,500,000 shares subject to the option, 2,722,500 shares are being sold by the selling stockholder and 1,777,500 shares are being sold by EnergySolutions.

EnergySolutions intends to use its net proceeds from the shares that it sells in this offering to repay outstanding debt under its credit facilities, to pay fees and accrued interest to lenders under these facilities and to pay amounts owing under existing employment agreements. EnergySolutions will not receive any proceeds from the sale of shares by the selling stockholder.

All of the shares of common stock sold in this offering will be sold in the form of depositary shares. On December 19, 2007, each holder of depositary shares will be credited with a number of shares of common stock equal to the number of depositary shares held by such holder on that date, and the depositary shares will be canceled. Until the cancellation of the depositary shares on December 19, 2007, holders of depositary shares will be entitled to all proportional rights and preferences of the shares of common stock.

Credit Suisse, JPMorgan and Morgan Stanley were the joint book-running managers for the offering. A registration statement relating to this offering was filed and declared effective by the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. A copy of the prospectus relating to the offering may be obtained from Credit Suisse Securities (USA) LLC, One Madison Avenue 1B, New York, NY 10010; telephone 1-800-221-1037, Attention: Prospectus Department; J.P. Morgan Securities Inc., National Statement Processing, Prospectus Library, 4 Chase Metrotech Center, CS Level, Brooklyn, NY 11245, telephone 718-242-8002, Attention: Prospectus Department; or Morgan Stanley & Co. Incorporated, 180 Varick Street, 2nd floor, New York, New York 10014, telephone 1-866-718-1649, Attention: Prospectus Department.

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.

Contact Information: For more information please contact: Mark Walker 801-231-9194