Jacobs' Joint Venture Team Selected for Sound Transit University Link Project

PASADENA, Calif., July 9 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that the Seattle Tunnel and Rail Team (START), a joint venture between Jacobs and CH2M Hill, has been selected to receive a construction management services contract from Sound Transit to extend light rail service to connect the region's three most densely populated urban centers in Washington State -- downtown Seattle, Capitol Hill/First Hill, and the University District.

Officials did not provide the contract value; however, the total installed cost of the project is valued at $1.6 billion.

The 3.15-mile project entails constructing two parallel tunnels that run northward from downtown Seattle to the University of Washington, with stations at Capitol Hill and on the University of Washington campus near Husky Stadium. It is anticipated that the new addition will start operation in 2016 and add 70,000 daily riders to the regional light rail system.

In making the announcement, Jacobs Group Vice President Kevin McMahon stated, "We are delighted to be selected for this critical extension of the light rail system serving Seattle. We have been providing high quality construction management services on large diameter tunnels in the Puget Sound area for some time now and are committed to leveraging our resources to help Sound Transit meet the challenges of this exciting project and enhance the quality of life for the residents of the region."

Jacobs, with over 55,000 employees and revenues exceeding $9.0 billion, provides technical, professional, and construction services globally.

Any statements made in this release that are not based on historical fact are forward-looking statements. Although such statements are based on management's current estimates and expectations, and currently available competitive, financial, and economic data, forward-looking statements are inherently uncertain. We, therefore, caution the reader that there are a variety of factors that could cause business conditions and results to differ materially from what is contained in our forward-looking statements. For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our 2007 Form 10-K, and in particular the discussions contained under Items 1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations. We also caution the readers of this release that we do not undertake to update any forward-looking statements made herein.

For additional information contact:
q Michelle Jones
626.578.6968

SOURCE Jacobs Engineering Group Inc.

Web site: http://www.jacobs.com