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Dr. James Ferris to Retire

Dr. James Ferris to Retire

DENVER, 26 July, 2006 — Dr. James Ferris, Industrial Client Group Chief Executive for global engineering and construction firm CH2M HILL, has announced his plans to retire effective September 1, 2006. Dr. Ferris has worldwide responsibility for all of CH2M HILL's industrial, manufacturing, and energy and power businesses. Ferris will continue to serve as a director on CH2M HILL's board, and as a consultant and advisor to the firm.

Dr. Ferris joined the CH2M HILL management team in January 1994, as President of the then-new Federal Group. One of Ferris's first initiatives was to build a Department of Energy business, which was successfully laun'hed with CH2M HILL's selection as DOE's Rocky Flats contractor in 1995. Under Ferris’s leadership, CH2M HILL's Federal business grew from just over $50 million in annual revenue to its current level of about $1.5 billion.

"We are extremely grateful for Jim's service, leadership, and friendship," said Ralph Peterson, Chairman and CEO of CH2M HILL Companies, Ltd. "Jim has been a key figure in the successful growth and portfolio diversification of the entire company. We wish him well and look forward to Jim's continued contributions to the firm as a director and advisor."

In addition to Ferris's responsibilities at CH2M HILL, he also serves as a Director on several boards and is a Trustee of The Keystone Center, a not-for-profit enterprise dedicated to the development of technological based policy directives for environmental sustainability around the globe. Dr. Ferris has participated in the World Economic Forum (WEF) at Davos, Switzerland and the Engineering and Construction (E&C) Governors Committee at WEF. He also has been a member of the Prince of Wales Business Leaders Forum, and the G8 Renewable Energy Task Force.

Dr. Ferris resides in Castle Rock, Colorado, with his spouse, Babetta Paterno Ferris. They have three sons and two grandchildren.

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