Jacobs Receives GlaxoSmithKline Engineering Services Contract

PASADENA, Calif., May 16 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. announced today that a subsidiary company received a contract to provide engineering, procurement, construction management, and validation services at GlaxoSmithKline’s manufacturing site in Currabinny, Cork, Ireland.

Officials did not disclose the value of the contract, which has a two-year initial performance period.

Under the contract, Jacobs is assuming responsibility for an in-house team to maintain, upgrade, and expand GlaxoSmithKline’s manufacturing capability at the Currabinny site. Jacobs is managing and integrating a team of approximately 50 people, including GlaxoSmithKline’s preferred subcontractors, in a continuation of the long-standing partnership between Jacobs and GlaxoSmithKline at Currabinny.

In making the announcement, Jacobs Group Vice President Phil Stassi stated, “This contract award marks the beginning of a new way of working for GlaxoSmithKline at the Currabinny site. We look forward to applying our experience from similar site-based relationships to deliver significant long-term value to GlaxoSmithKline.”

Jacobs, with over 40,000 employees and revenues exceeding $6.0 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.orgPRN Photo Desk, photodesk@prnewswire.comJacobs Engineering Group Inc.

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

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