BATON ROUGE, La.--(BUSINESS WIRE)--April 9, 2002--The Shaw Group Inc. (NYSE: SGR) ("Shaw" or "the Company") today announced that it will host a conference call to discuss the Company's 2002 second quarter financial results. The call will be held on Monday, April 15, 2002 and will begin at 9:00 a.m. Central time.

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.

An audio replay of the call will be available through Monday, April 22, 2002 and may be accessed by dialing 800-633-8284. The reservation number to access the playback is 20482666.

The Shaw Group Inc. is the world's only vertically-integrated provider of complete piping systems and comprehensive engineering, procurement and construction services to the power generation industry. Shaw is the largest supplier of fabricated piping systems in the United States and a leading supplier worldwide, having installed piping systems in power plants with an aggregate generation capacity in excess of 200,000 megawatts. While the majority of Shaw's backlog is attributable to the power generation industry, the Company also does work in the process industries, including petrochemical, chemical and refining, and the environmental and infrastructure sector. The Company currently has offices and operations in North America, South America, Europe, the Middle East and Asia-Pacific; and has more than 13,000 employees. For additional information on The Shaw Group, please visit the Company's web site at www.shawgrp.com.

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