The Shaw Group Inc. Announces Third Quarter 2004 Earnings Conference Call Live Webcast

BATON ROUGE, La.--(BUSINESS WIRE)--July 8, 2004--The Shaw Group Inc. (NYSE:SGR) today announced that a conference call to discuss the Company's 2004 third quarter financial results is scheduled for Thursday, July 15, 2004 at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). A live webcast of the conference call will be available on the Investor Relations page of The Shaw Group's web site at A press release announcing third quarter 2004 results will be issued on July 15, 2004 prior to the call.

A replay of the conference call may be accessed via Shaw's website through Thursday, July 22, 2004 or by dialing 800.633.8284. The access code for the replay is 21202177.

The Shaw Group Inc. is a leading global provider of engineering, procurement, construction, maintenance, fabrication, manufacturing, consulting, remediation, and facilities management services for the power, process, environmental, infrastructure and emergency response markets. A Fortune 500 company, The 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

    CONTACT: The Shaw Group Inc.
             Chris D. Sammons, 225-932-2500
    SOURCE: The Shaw Group Inc.
"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.