Babcock & Wilcox to Webcast Discussion of its Second Quarter 2010 Results

The Babcock & Wilcox Company (NYSE: BWC) (“B&W” or the “Company”) expects to webcast a discussion of its second quarter 2010 results on Tuesday, August 10, 2010 at 8:30 a.m. ET. Chief Executive Officer Brandon Bethards and Chief Financial Officer Mike Taff will discuss the second quarter results. A news release detailing the results is expected to be issued after the market closes on Monday, August 9, 2010.

The Company expects that the previously announced spin-off from McDermott International, Inc. (NYSE: MDR) will be completed on July 30, 2010.

The listen-only audio of the conference call will be broadcast live via the Internet at www.babcock.com. The dial-in number for participants in the U.S. is 866-788-0538; the dial-in number for participants outside the U.S. is 857-350-1676. The passcode for all participants is 13581956. A replay of this conference call will remain accessible in the investor relations section of the Company's Web site for a limited time.

About B&W

The Babcock & Wilcox Company is a leader in advanced energy technology and services, primarily for the nuclear and fossil power markets as well as a premier advanced technology and mission critical defense contractor. B&W has locations worldwide and employs approximately 13,000 people, in addition to approximately 10,000 joint venture employees. Please visit our website at www.babcock.com.