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The Shaw Group Inc. Conference Call Web Cast Notice
BATON ROUGE, La., Oct 3, 2001 (BUSINESS WIRE) -- The Shaw Group Inc. (NYSE: SGR)

FOR:        The Shaw Group Inc. (NYSE: SGR)
RE:         Fourth Quarter and Fiscal Year 2001 Financial Results
DATE:       Tuesday, October 9, 2001
TIME:       9:00 AM CENTRAL
WEB SITE:   http://www.shawgrp.com
The management of The Shaw Group Inc. will host a conference call to discuss the Company's fourth quarter and fiscal year 2001 financial results.

A live web cast of the conference call will be available on the Investor Relations page of The Shaw Group's web site at www.shawgrp.com.

A replay of the call will be available through Tuesday, October 16, 2001 and may be accessed by dialing 800-633-8284. The reservation number to access the playback is 19774291.

For further information please contact Christine Mollere, Director of Investor Relations, at 225-932-2500.

CONTACT:          The Shaw Group Inc., Baton Rouge
                  Christine Mollere, 225/932-2500
URL:              http://www.businesswire.com
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"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding SHAW GROUP INC's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.


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