Jacobs Receives Contract From LANXESS for Manufacturing Plant in Singapore

PASADENA, Calif., June 24 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received a contract from LANXESS Inc. to provide Front End Loading services for a butyl rubber manufacturing plant project located on Jurong Island in Singapore.

Officials estimate the project's total installed cost at approximately $700 million. Construction is expected to start early next year and be completed by the end of 2010.

Butyl rubber is one of the four businesses in LANXESS' performance polymers segment and an important business unit. Once built, the 20,000-square-meter facility will produce 100,000 tons of butyl rubber annually to serve Asia's markets.

Jacobs will provide the services from its Singapore office.

In making the announcement, Jacobs Group Vice President Chris Nagel stated, We are excited that LANXESS has involved us in this project to support their growth in Asia. We are fully committed to delivering a safe, environmentally friendly plant.

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:
Michelle Jones
626.578.6968

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SOURCE Jacobs Engineering Group Inc.
06/24/2008
CONTACT: Michelle Jones of Jacobs Engineering Group Inc.,
+1-626-578-6968
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