The Shaw Group Inc. Conference Call Web Cast Notice

BATON ROUGE, La.--(BUSINESS WIRE)--April 5, 2001-- 

                    CONFERENCE CALL WEB CAST NOTICE
FOR:                     The Shaw Group Inc. (NYSE: SGR)
RE:                      Second Quarter Fiscal 2001 Financial Results
DATE:                    Wednesday, April 11, 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 second quarter fiscal 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 Wednesday, April 18, 2001 and may be accessed by dialing 800/633-8284. The reservation number to access the playback is 18234853.

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

--30--LR/na*

CONTACT: The Shaw Group Inc., Baton Rouge
Christine Noel, 225/932-2500




"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.