Jacobs Receives Contract to Perform Traffic and Revenue Consulting Services in Georgia

PASADENA, Calif., Jan. 13 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received an on-call contract with the Georgia State Road and Tollway Authority to perform traffic and revenue consulting services. Work performed will support the agency's statewide initiatives to assess the viability of toll/user-financed facilities including the state's conversion of High Occupancy Vehicle (HOV) lanes to High Occupancy Toll (HOT) lanes in the metropolitan Atlanta area.

Officials did not disclose the contract value, but confirmed the contract is for two years with an option to extend for an additional two years.

In addition to supporting the HOV to HOT lane conversion, Jacobs also will provide traffic and revenue financing analyses and advisory services to help enhance the existing transportation network throughout the state.

In making the announcement, Jacobs Group Vice President Kevin McMahon stated, "Transportation funding is critical to enhancing the safety and mobility of motorists in Georgia. This project demonstrates our expertise in performing traffic and revenue services that support our public sector clients' ability to secure bond financing. We are excited to be working with the Georgia State Road and Tollway Authority to identify viable toll and innovative finance solutions that support developing a forward-thinking transportation plan for the state of Georgia."

Jacobs, with over 57,000 employees and revenues exceeding $11.0 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 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

    (Logo: http://www.newscom.com/cgi-bin/prnh/20090109/JACOBSEGLOGO)

SOURCE  Jacobs Engineering Group Inc.

    -0-                           01/13/2009
    /CONTACT:  Michelle Jones, +1-626-578-6968, for Jacobs Engineering Group
Inc./
    /Photo:  http://www.newscom.com/cgi-bin/prnh/20090109/JACOBSEGLOGO
             http://photoarchive.ap.org
             PRN Photo Desk, photodesk@prnewswire.com/
    /Web Site:  http://www.jacobs.com /
    (JEC)

CO:  Jacobs Engineering Group Inc.; Georgia State Road and Tollway Authority

ST:  California, Georgia
IN:  CST TRN
SU:  CON

PR
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1364 01/13/2009 07:45 EST http://www.prnewswire.com