Jacobs Receives CNRL Maintenance Contract

PASADENA, Calif., March 11 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received a contract to manage and execute maintenance services for the Canadian Natural Resources Limited (CNRL) Horizon Upgrader -- a new world-class, grassroots Upgrader coming on line in 2008.

Officials did not disclose the value of the 3-year contract that has an option to extend by another two years.

Jacobs will support the commissioning and start-up phase of the Fort McMurray, Alberta, Canada facility, transitioning into a maintenance role as the plant reaches steady-state operation. In executing this work, Jacobs will apply its proven maintenance technology and over 40 years of Canadian oil sands maintenance experience.

In making the announcement, Jacobs Group Vice President Chip Mitchell stated, "As the premier provider of maintenance services across Canada, we appreciate this exciting opportunity to work with CNRL to establish a top quartile, progressive, and dynamic maintenance operation at Horizon, driving operational excellence from the start. By adding maintenance to our construction and engineering work for CNRL, we now provide an efficient, integrated solution that reduces both operating and capital costs."

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