Jacobs Receives Program/Construction Management Contract From the Louisiana Department of Education

PASADENA, Calif., March 11 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received a contract from the Recovery School District (RSD) of the Louisiana Department of Education to provide program/construction management services for a multi-site facilities program estimated at $550 million over a three-year period.

Jacobs and its Louisiana-based joint venture partner CSRS, Inc. also will be supported by two local subcontractor teammates: Bright Moments and GOTECH, Inc.

The program consists of school repairs and renovations resulting from Hurricane Katrina, and new school construction and temporary education facilities. The Jacobs/CSRS selection continues the team's services to RSD which began in April 2007 and resulted in a highly successful emergency effort that provided critical space and ancillary support components prior to starting the 2007-08 school year.

Services on this program will include project delivery strategies; management of all pre-design, design, and construction phase activities; cost control; schedule management; and quality assurance.

In making the announcement, Jacobs Group Vice President Warren Dean stated, "We bring extensive experience in working in post-Katrina Louisiana and from similar national K-12 program/construction management assignments to support the RSD with rebuilding the New Orleans public school facility infrastructure. We are delighted to be working with the RSD on this tremendous effort, which will provide enhanced learning opportunities for current and future students."

Jacobs, with over 54,000 employees and about $9 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