Jacobs and Joint Venture Partner Negotiate Contract for IDIQ Services With the USACE - New Orleans Hurricane Protection Office

PASADENA, Calif., June 2 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. (NYSE: JEC) and its joint venture partner URS announced today that they negotiated a contract with the U.S. Army Corps of Engineers (USACE) - New Orleans Hurricane Protection Office to provide indefinite delivery/indefinite quantity (IDIQ) contract, general design support services, multidisciplinary services, and construction management services primarily within the limits of the New Orleans District, and may involve reconstruction of New Orleans resulting from Hurricane Katrina.

The joint venture contract has a base period not to exceed one year and four one-year option periods, for a total IDIQ value not to exceed $90 million. Jacobs is responsible for approximately 15 percent of the work as a minority joint venture partner. Task orders for the work may involve new or existing structures such as navigational locks, flood control structures, pumping stations, marine structures, roadways, bridges, and buildings.

In making the announcement, Jacobs Group Vice President Kevin McMahon stated, "We have been working under an IDIQ contract with the USACE - St. Louis District to provide post-Hurricane Katrina restoration work, and look forward to the opportunity to continue our efforts in assisting the USACE and New Orleans with rebuilding its city."

Jacobs, with annual revenues exceeding $12 billion, is one of the world's largest and most diverse providers of technical, professional, and construction services.

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 2008 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

SOURCE Jacobs Engineering Group Inc.



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