Washington Group International to Provide Construction, O&M Services in Egypt

August 17, 2006

BOISE, Idaho, Aug. 16 /PRNewswire-FirstCall/ -- Washington Group International (NASDAQ:WGII) announced today it has been selected to provide minor construction, infrastructure repairs, and operations and maintenance work at Egyptian government military bases and installations. The work is part of an indefinite delivery-indefinite quantity contract awarded by the U.S. Army Corps of Engineers Transatlantic Programs Center to Washington Group and its joint-venture partner, Contrack International. This is the third five-year contract awarded to the joint venture servicing the Corps of Engineers' projects in Egypt. The one-year contract, which was awarded July 31, 2006, will become effective Oct. 31, 2006. It has four one-year option periods that can be awarded at the government's discretion. Over the potential five-year life of this contract, the government may order up to $100 million in services. The contract scope includes new facility construction and repair and maintenance of specialty equipment and systems, such as fire alarms, elevators, complex control systems, HVAC systems, frequency converters, and high-pressure hydraulic systems. In addition, Washington Group will supply training and technical expertise. "We're pleased to be able to continue our work with the Corps and the Egyptian military, providing high-quality engineering and construction services," said Larry Shaw, president of Washington Group's Infrastructure Business Unit. The Infrastructure Business Unit manages project development, design-build, and operations/maintenance programs for rail-transit, highway and water resource clients around the world. Washington Group International (NASDAQ:WGII) provides the talent, innovation, and proven performance to deliver integrated engineering, construction, and management solutions for businesses and governments worldwide. Headquartered in Boise, Idaho, with more than $3 billion in annual revenue, the company has approximately 24,000 people at work around the world providing solutions in power, environmental management, defense, oil and gas processing, mining, industrial facilities, transportation, and water resources.

More