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Jacobs Receives Framework Contract From Manchester Airports Group in the UK

Posted on: Tuesday, 1 September 2009, 06:45 CDT

PASADENA, Calif., Sept. 1 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received a new framework to deliver a range of professional engineering services to the Manchester Airports Group (MAG) in the United Kingdom.

Officials did not disclose the contract value, although the length of the framework is five years, extendable for a further three years by agreement.

MAG owns and operates four regional airports - Manchester, East Midlands, Bournemouth and Humberside - making it the second largest airport operator in the UK.

Jacobs will provide airfield civil engineering, and mechanical and electrical engineering for MAG's building stock, including both airport facilities and non airport-related developments. Jacobs is the exclusive provider of these services.

In making the announcement, Jacobs Group Vice President Mike Higgins stated, "Jacobs is delighted to be working with a major airport group like MAG, and we look forward to supporting MAG during its continued development over the next five years and beyond."

Jacobs, with annual revenues exceeding $12 billion, 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 2008 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.

(Logo: http://www.newscom.com/cgi-bin/prnh/20090109/JACOBSEGLOGO)

For additional information contact: Michelle Jones 626.578.6968

SOURCE Jacobs Engineering Group Inc.

Source: PR Newswire

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