BATON ROUGE, La.--(BUSINESS WIRE)--June 7, 2004--The Shaw Group
Inc. (NYSE:SGR) today announced that it has named Chris D. Sammons as
Vice President, Investor Relations and Corporate Communications. Mr.
Sammons will be responsible for directing Shaw's comprehensive, global
investor relations and corporate communications programs focused on
effectively communicating the Company's corporate vision, business
objectives and activities to the investment community, media and
Prior to joining The Shaw Group, Mr. Sammons worked with Sterne
Agee & Leach, Inc., an NYSE-member brokerage/dealer firm, as a
registered representative serving institutional clients. Previously,
he was Vice President, Investor Relations with Freeport-McMoRan Copper
& Gold Inc. (NYSE:FCX) and McMoRan Exploration Co. (NYSE:MMR). Mr.
Sammons is a certified public accountant.
Robert L. Belk, Executive Vice President and Chief Financial
Officer, said, "As a certified public accountant with over 10 years of
investor relations experience, Chris brings significant financial and
communications expertise to The Shaw Group. We are pleased to welcome
Chris to the Shaw management team as we look to enhance the
communication of our corporate strategies and activities to investors
and other stakeholders."
The Shaw Group Inc. is a leading global provider of engineering,
procurement, construction, maintenance, fabrication, manufacturing,
consulting, remediation, and facilities management services for
government and private sector clients in the power, process,
environmental, infrastructure and emergency response markets. A
Fortune 500 company, Shaw Group is headquartered in Baton Rouge,
Louisiana and employs approximately 17,000 people at its offices and
operations in North America, South America, Europe, the Middle East
and the Asia-Pacific region. For further information, please visit the
Company's website at www.shawgrp.com.
The statements contained herein that are not historical facts
(including without limitation statements to the effect that the
Company or its management "believes," "expects," "anticipates,"
"plans," or other similar expressions) and statements related to
revenues, earnings, backlog, or other financial information or results
are forward-looking statements based on the Company's current
expectations and beliefs concerning future developments and their
potential effects on the Company. There can be no assurance that
future developments affecting the Company will be those anticipated by
the Company. These forward-looking statements involve significant
risks and uncertainties (some of which are beyond our control) and
assumptions and are subject to change based upon various factors.
Should one or more of such risks or uncertainties materialize, or
should any of our assumptions prove incorrect, actual results may vary
in material respects from those projected in the forward-looking
statements. The Company undertakes no obligation to publicly update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise. A description of some of the
risks and uncertainties that could cause actual results to differ
materially from such forward-looking statements can be found in the
Company's reports and registration statements filed with the
Securities and Exchange Commission, including its Form 10-K and Form
10-Q reports, and on the Company's website under the heading "Forward
Looking Statement". These documents are also available from the
Securities and Exchange Commission or from the Investor Relations
department of Shaw. For more information on the company and
announcements it makes from time to time on a regional basis visit our
website at www.shawgrp.com.
CONTACT: The Shaw Group Inc., Baton Rouge
Robert L. Belk, 225-932-2500
SOURCE: The Shaw Group Inc.