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Jacobs Receives Contract to Develop Key Irish Transport Study

Posted on: Tuesday, 29 August 2006, 09:00 CDT

PASADENA, Calif., Aug. 29 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. announced today that a subsidiary company received a contract from Ireland's Railway Procurement Agency (RPA) to carry out an alignment selection study on Dublin's light rail system.

Jacobs will conduct the Metro West Alignment Selection Study to identify the preferred alignment for a Metro line linking the Luas Red Line at Tallaght in south Dublin with the Metro North line in the Dublin Airport area. The study will be approximately 12 months in duration with an option for RPA to require assistance with future stages as the project develops.

The aim is to design a flexible mass transit system which combines the best elements of light rail and metro services and which makes provision for future growth and ongoing evolution of the system to meet increasing service requirements.

The scheme is a key element of both the Irish government's Transport 21 policy and the Dublin Transportation Office's "A Platform for Change" initiative. Transport 21 provides for total capital funding of over Euro 34 billion in transport over the next ten years, with about Euro 16 billion dedicated to investment in public transport. Transport 21 is a national policy.

In making the announcement, Jacobs Group Vice President Bill Mitchell said, "We are delighted to be involved in this project which forms an integral part of the Irish Government's future transport strategy for Dublin. Our expertise and experience across the rail sector will be invaluable in helping us to meet the RPA's requirements."

Jacobs, with over 42,000 employees and revenues approaching $7.0 billion, provides technical, professional, and construction services globally.

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 2005 Form 10-K, and in particular the discussions contained under Items 1 - Business, 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.

For additional information contact: Rod Sharp 626.578.6992 (Logo: http://www.newscom.com/cgi-bin/prnh/20051021/LAJACOBSEGLOGO)

Photo: http://www.newscom.com/cgi-bin/prnh/20051021/LAJACOBSEGLOGOAP Archive: http://photoarchive.ap.org/PRN Photo Desk, photodesk@prnewswire.com

Jacobs Engineering Group Inc.

CONTACT: Rod Sharp of Jacobs Engineering Group Inc., +1-626-578-6992

Web site: http://www.jacobs.com/

Source: PRNewswire-FirstCall

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