BATON ROUGE, La.--(BUSINESS WIRE)--Oct. 12, 2004--The Shaw Group Inc. (NYSE:SGR) today announced that a conference call to discuss the Company's fourth quarter and fiscal 2004 year-end financial results is scheduled for Thursday, October 14, 2004 at 9:00 a.m. Eastern Time (8:00 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 www.shawgrp.com. A press release announcing the Company's fiscal year-end 2004 results will be issued on October 14, 2004, prior to the call.

A replay of the conference call may be accessed via Shaw's website through Friday, October 29, 2004 or by dialing (800) 633-8284. The access code for the replay is 21211031.

The Shaw Group Inc. is a leading global provider of technology, 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 Shaw's website at www.shawgrp.com.

    CONTACT: The Shaw Group Inc.
             Chris D. Sammons, 225-932-2546
    SOURCE: The Shaw Group Inc.