Jacobs Completes Purchase of Share in AWE Management Limited

PASADENA, Calif., June 2 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it has completed the purchase of a one-third share in AWE Management Limited (AWEML) from British Nuclear Fuels Limited (BNFL).

Terms of the deal were not disclosed.

AWEML, a company founded in 2000, is a joint venture between Jacobs, Lockheed Martin and Serco to manage the Atomic Weapons Establishment on behalf of the U.K. Ministry of Defence.

In making the announcement, Jacobs President and CEO Craig Martin stated, "We have been serving as a strategic supplier to AWE for a number of years and are delighted to now have a key contributing role with our partners Lockheed Martin and Serco. Under the direction of the Ministry of Defence we look forward to supporting its mission."

Jacobs has more than 6500 employees located in the UK.

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:

John W. Prosser, Jr.

Executive Vice President, Finance and Administration

626.578.6803

SOURCE Jacobs Engineering Group Inc.



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