Jacobs Receives Contract on the Florida Department of Transportation's I-95 Project

PASADENA, Calif., April 15 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that the Community Asphalt Corp. team, for which Jacobs is the design engineer, received a contract to provide design-build services on the Florida Department of Transportation (FDOT), District Five project to widen Interstate 95 (Palm Bay Road to Fiske Blvd.) from four lanes to six lanes and to construct a new interchange at the Pineda Causeway Extension in Brevard County, Fla.

Officials estimate the project value at $197 million, with construction scheduled for completion in December 2011.

Jacobs will provide highway and bridge design services for the project, which includes 18 miles of new and reconstructed roadway, drainage system improvements, bridge widenings and replacements, noise and retaining walls, and Intelligent Transportation Systems (ITS) modifications.

In making the announcement, Jacobs Group Vice President Kevin McMahon stated, "This significant project will utilize our expertise in delivering design-build services for major infrastructure work. We are pleased to continue our long-standing relationship with the FDOT, and we look forward to working with our partner, Community Asphalt, in completing the project."

Jacobs, with over 54,000 employees and about $9.0 billion in revenues, 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:
Mary Bloom
626.578.6992

SOURCE Jacobs Engineering Group Inc.

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