The few-picosecond (ps) decay of terahertz (THz) photoconductivity typically observed for conjugated polymer fullerene blends (at excitation fluencies similar to 10(15) photons/cm(2) per pulse) is shown to be a result of charge pair annihilation for two polymer:PCBM blends. At a factor of 100 lower excitation density, the THz decay is in the hundreds of ps time scale, implying that very high carrier mobility (similar to 0.1 cm(2) V-1 s(-1)) prevails for long time after charge formation, of importance for free charge formation in organic solar cells
