The Shaw Group Inc. (NYSE: SGR) today announced its Energy & Chemicals Group has been awarded a contract to provide front end engineering design (FEED) services for a grassroots 200 kilo tons per annum (KTA) acrylonitrile butadiene styrene (ABS) plant for Arabian Petrochemical Company. The plant will be located in Al-Jubail, Kingdom of Saudi Arabia. Shaw also is providing procurement services for long lead equipment for the plant.

The value of Shaw's contract, which was included in the company's previously announced backlog of unfilled orders, was not disclosed.

SABIC Innovative Plastics Technologies, Inc. (formerly GE Plastics Global Technology, LLP) is providing the emulsion ABS technology for this project.

�This contract marks the third recent ABS project awarded to Shaw, continuing the strategic expansion of our polymer technology experience,� said Lou Pucher, president of Shaw�s Energy & Chemicals Group.

As previously announced, Shaw also is providing technology, front end engineering and select procurement services for two 200,000 metric tons per annum ABS plants for Tianjin Dagu Chemical Industry Co., Ltd. in Tianjin, China.

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.

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for certain forward-looking statements. The statements contained herein that are not historical facts (including without limitation statements to the effect that the Company or its management "believes," "expects," "anticipates," "plans" or other similar expressions) and statements related to revenues, earnings, backlog or other financial information or results are forward-looking statements based on the Company's current expectations and beliefs concerning future developments and their potential effects on the Company. There can be no assurance that future developments affecting the Company will be those anticipated by the Company. These forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions and are subject to change based upon various factors. Should one or more of such risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in the forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. A description of some of the risks and uncertainties that could cause actual results to differ materially from such forward-looking statements can be found in the Company's reports and registration statements filed with the Securities and Exchange Commission, including its Form 10-K and Form 10-Q reports, and on the Company's Web site under the heading "Forward-Looking Statements." These documents are also available from the Securities and Exchange Commission or from the Investor Relations department of Shaw. For more information on the company and announcements it makes from time to time on a regional basis, visit our Web site at www.shawgrp.com.

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