BATON ROUGE, La., Mar 29, 2005 (BUSINESS WIRE) — The Shaw Group Inc. (NYSE: SGR) today announced that its Shaw EMCON/OWT unit, which specializes in solid waste management solutions, has successfully completed a 1.6-MW landfill gas-to-electricity (LFGTE) turnkey development project at the Western Regional Landfill in Lincoln, California, for Energy 2001, Inc.

Using its patented Triton Powerpak(TM) engine generator technology, Shaw fabricated the two Triton Powerpak units and designed, permitted, and constructed the facility, and holds a 10-year contract to operate the LFGTE plant. Power generated is being sold to the City of Roseville, California through an agreement with the Northern California Power Authority. Facility components were designed in a modular fashion to allow maximum operational flexibility and to allow that the facility can be expanded, depending on LFG availability and overall site development requirements.

J. M. Bernhard, Chairman and Chief Executive Officer of Shaw, said, “This is a very important project and one that cements our role as an innovative provider of landfill gas to electricity solutions. Driven by renewable resource regulations and goals, we expect this business to expand considerably in the next few years.”

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, Shaw is headquartered in Baton Rouge, Louisiana, and employs approximately 18,000 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.

SOURCE: The Shaw Group Inc.

The Shaw Group Inc.
Chris D. Sammons, 225-932-2500