BATON ROUGE, La.–(BUSINESS WIRE)–Jan. 6, 2005–The Shaw Group
Inc. (NYSE: SGR):
- Fulfills previous commitment to American Red Cross with
$100,000 contribution for Florida Hurricane Relief Efforts;
- Pledges to match employee contributions for tsunami relief
- Offers emergency response expertise for restoration of tsunami
The Shaw Group Inc. today announced that it is donating $100,000
to the American Red Cross in fulfillment of its previous commitment
for relief efforts in Florida following 2004’s extreme hurricane
season. The check is being presented to the American Red Cross today
in Baton Rouge, Louisiana by Shaw’s Chairman and Chief Executive
Officer, J. M. Bernhard, Jr.
In addition, Shaw has committed to match employee contributions
for relief efforts following the recent tsunami in southern Asia.
Shaw’s matching contribution will be made to the Red Cross and other
appropriate organizations actively involved in the provision of food,
medical supplies and shelter for the tsunami victims.
Shaw has also offered to contribute emergency response expertise
to various organizations worldwide to assist in the initial assessment
and planning for the restoration of the tsunami affected areas. Shaw
has offered it expertise in geophysics and hydrology, logistics,
environmental assessment and remediation, infrastructure, and
electrical transmission grids.
Mr. Bernhard said, “Along with the rest of the world, we were
deeply saddened by the destruction and tremendous loss of life caused
by the recent tsunami in southern Asia. Shaw is very pleased to be
able to make contributions to the relief effort there.”
The Shaw Group Inc. is a leading global provider of technology,
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, 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 www.shawgrp.com.
Forward-Looking Statements – The Private Securities Litigation
Reform Act of 1995 provides a “safe harbor” for certain
forward-looking statements. 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 Statements”. 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.
The Shaw Group Inc., Baton Rouge
Chris D. Sammons
SOURCE: The Shaw Group Inc.