Jacobs Receives AMP5 Program Management, Design, Construction and Construction Management Services Contract From South East Water Ltd. of the UK

PASADENA, Calif., Dec. 1 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it was awarded a contract from South East Water Ltd. of the United Kingdom to provide program management, design, construction, and construction management services associated with South East Water's estimated 400 million pounds Sterling (approx. US$666.3 million) Asset Management Plan (AMP) 5 Capital Investment Programme (CIP) for 2010-2015. The contract includes the option to extend the provision of services through AMP6 to 2020.

Officials did not disclose the contract value.

South East Water's AMP5 CIP will invest in new and existing infrastructure associated with the supply of 565 million liters of drinking water each day to 2.1 million customers south east of England.

Security and quality of supply will be improved through investment in new and improved water sources, water treatment and distribution networks around South East Water's regions.

In making the announcement, Jacobs Group Vice President Mike Higgins stated, "We are delighted to have the opportunity to build on longstanding relationships with South East Water, helping our client meet business objectives by bringing an expanded range of services through our UK-based PM/CM and construction units."

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

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 2009 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

SOURCE Jacobs Engineering Group Inc.