Jacobs Receives Contract From U.S. General Services Administration for the Renovation Project at San Francisco's Historic Federal Building at 50 United Nations Plaza

PASADENA, Calif., May 3, 2011 /PRNewswire via COMTEX/ --Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it received an award from the U.S. General Services Administration (GSA) to provide construction management services for the renovation of the historic Federal Building at 50 United Nations Plaza (50 UNP) in San Francisco, Calif.

The Federal Building at 50 UNP, which was designed by prominent local architect Arthur Brown, Jr. and completed in 1936, has not had a major renovation in its 75-year lifetime. This $122M renovation project is funded under the American Recovery and Reinvestment Act of 2009, which has stringent budget and schedule constraints in addition to increased reporting requirements. This project will convert the 350,213 GSF building into a high performance green building and is scheduled to be completed in 2013.

The historic building is listed on the National Register of Historic Places and is a contributing building to the San Francisco Civic Center National Historic Landmark District.

In making the announcement, Jacobs Group Vice President, Tom McDuffie, stated, "Jacobs has enjoyed a 40-year working relationship with the GSA. We are proud to continue that relationship in supporting the restoration of a great San Francisco landmark."

Jacobs is one of the world's largest and most diverse providers of technical, professional, and construction services.

Statements made in this release that are not based on historical fact are forward-looking statements. We base these forward-looking statements on management's current estimates and expectations as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from 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 2010 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 do not undertake to update any forward-looking statements made herein.

Michelle Jones

626.578.6968

SOURCE Jacobs Engineering Group Inc.