Hill International and Egyptian Ministry of Petroleum Enter Agreement to Create New Joint Venture Company

  
    
  
  
    
      Hill International (Nasdaq:HINT), the worldwide construction consulting 
      firm, announced today that it has entered into an agreement with the 
      Egyptian Natural Gas Holding Co. (EGAS) and the Egyptian Natural Gas Co. 
      (GASCO), two subsidiaries of the Egyptian Ministry of Petroleum, 
      pursuant to which they will form a new joint venture company that will 
      provide project management services primarily on oil and gas projects 
      throughout the Middle East and Africa.
    
    
      The new company, Hill International Petrol (Egypt) Ltd., will be owned 
      50% by Hill and 50% by the Ministry of Petroleum’s 
      subsidiaries.
    
    
      “This new joint venture will allow Egypt to 
      bring Hill’s project management resources and 
      capabilities to projects throughout Egypt and the surrounding region, as 
      well as to help develop a pipeline of work for Hill into the expanding 
      oil and gas sector,” said Irvin E. Richter, 
      Hill’s Chairman and Chief Executive Officer. “We 
      believe that EGAS and GASCO are the ideal partners to help us make this 
      new company successful as they will provide many of the technical 
      resources necessary to help manage these projects,” 
      Richter added.
    
    
      EGAS was established to organize and diligently handle the activities of 
      the natural gas resources of Egypt in order to add value to the Egyptian 
      economy. EGAS’s mission is to create a gas 
      reserves base, establish natural gas infrastructure, and expand local 
      energy markets utilizing natural gas. For more information on EGAS, 
      please visit their website at www.egas.com.eg.
    
    
      GASCO is the operator of the natural gas transmission grid in Egypt, a 
      4,700-kilometer network of gas pipelines that connects producers and 
      consumers of natural gas throughout Egypt. GASCO’s 
      mission is to use state-of-the-art technologies in the construction, 
      operation, management and maintenance of the gas grid as well as in gas 
      processing and the extraction of gas valuable components. For more 
      information on GASCO, please visit their website at www.gasco.com.eg.
    
    
      Hill International, with 1,500 employees in 70 offices worldwide, 
      provides program management, project management, construction 
      management, and construction claims services. Engineering News-Record magazine 
      recently ranked Hill as the 10th largest construction management firm in 
      the United States. For more information on Hill, please visit our 
      website at www.hillintl.com.
    
    
      This press release may include certain statements that fall within the 
      definition of “forward-looking statements” 
      under the Private Securities Litigation Reform Act of 1995. Any such 
      statements are subject to risks and uncertainties, overall economic and 
      market conditions, competitors’ and clients’ 
      actions, and other conditions, which could cause actual results to 
      differ materially from those anticipated, including those risks 
      identified in Hill’s filings with the 
      Securities and Exchange Commission. Accordingly, such statements should 
      be considered in light of these risks. Any prediction by Hill is only a 
      statement of management’s belief at the time 
      the prediction is made. There can be no assurance that any prediction 
      once made will continue thereafter to reflect management’s 
      belief, and Hill does not undertake to update publicly its predictions, 
      whether as a result of new information, future events or otherwise.
    
    
      (HINT-G)