Shaw Awarded Contract to Support FEMA Disaster Assistance Program

The Shaw Group Inc. (NYSE: SGR) today announced its Environmental & Infrastructure Group has been awarded an Individual Assistance Technical Assistance Contract (IA-TAC) by the Department of Homeland Security’s Federal Emergency Management Agency (FEMA). Shaw will provide comprehensive emergency management, program management and construction, architectural and engineering services in response to disasters and catastrophic events in Texas, Louisiana, Arkansas, Oklahoma, New Mexico, Missouri, Kansas, Iowa and Nebraska.

Shaw will support FEMA's ability to provide the highest level of quality care for disaster victims, supplying immediate relief to those in need of basic support in the areas of housing, construction services, mass care and planning, staffing and logistics.

The newly awarded five-year contract, which was part of a multi-month, open procurement process, is valued at $375 million, if all options are exercised. The amount included in the company's third quarter fiscal year 2009 backlog of unfilled orders was not disclosed.

"Shaw has been supporting FEMA and its disaster recovery efforts for many years. We are pleased that FEMA recognizes Shaw’s ability to help the federal government act quickly in responding to disasters and providing quality support to victims anywhere in the United States,” said George Bevan, president of Shaw’s Environmental & Infrastructure Group. “As a leading emergency response contractor strategically located throughout the U.S., Shaw stands ready to support multiple, concurrent, and simultaneous tasks, nationwide with a local workforce and small business support in potentially affected areas.”

In 2005, Shaw supported FEMA’s IA-TAC program, opening more than 25 disaster recovery centers in response to hurricanes Katrina and Rita to process approximately 184,172 disaster applications in 20 days. Shaw also constructed 59 group sites including 4,500 feet of water/sewer lines, 3,550 feet of roads and two 2,000-gallons-per-minute wastewater treatment plants to provide temporary housing to more than 20,000 families in seven months. In response to Hurricane Ike in 2006, Shaw supplied temporary housing, developed shelter operations and managed mass care, which included preparation of more than 3.5 million meals.

The Shaw Group Inc. is a leading global provider of technology, engineering, procurement, construction, maintenance, fabrication, manufacturing, consulting, remediation and facilities management services for government and private sector clients in the energy, chemicals, environmental, infrastructure and emergency response markets. A Fortune 500 company with fiscal year 2008 annual revenues of $7 billion, Shaw is headquartered in Baton Rouge, La., and employs approximately 26,000 people at its offices and operations in North America, South America, Europe, the Middle East and the Asia-Pacific region. Shaw is the power sector industry leader according to Engineering News-Record's list of Top 500 Design Firms. For further information, please visit Shaw's Web site at www.shawgrp.com.

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