SGR Shaw Grp.

The Shaw Group Inc. (NYSE: SGR) today announced it has received the Duke Energy Contractor Safety Award, which recognizes Duke Energy contractors with outstanding safety records. Shaw was selected as the top performer in the national-level, large-firm category.

As a recipient of the award, Shaw had to meet strict annual criteria, including no lost workdays, an OSHA case rate of 2.0 or less, no spills at a reportable level, no regulatory citations and positive marks for proactively addressing health and safety-related issues. Shaw received the award this week at the Duke Energy Contractor Safety Summit in Charlotte, N.C.

Shaw�s successful partnership with Duke includes providing engineering, procurement and construction services to retrofit three existing coal-fired generating facilities with air quality control systems. Shaw also is building a new coal-fired generating unit and retrofitting an existing unit at a Duke power plant in North Carolina. Since 2004, Shaw has safely performed nearly 10 million hours of work for Duke Energy.

�The Duke Energy Contractor Safety Award is a validation of our efforts to achieve the highest safety standards in the industry, maintain a strong safety culture at all of our sites and create an environmentally safe work environment for our employees and partners,� said Monty Glover, president of the Fossil Division of Shaw�s Power Group. �This award symbolizes our safety achievements and will serve as a reminder that we must continually strive for safety excellence.�

�Safety is a core value at Duke Energy and with these awards, we are recognizing our contracting partners for their outstanding efforts to perform their work safely,� said Barry Pulskamp, senior vice president, regulated fossil and hydro generation for Duke Energy.

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 energy, chemicals, environmental, infrastructure and emergency response markets. A Fortune 500 company with fiscal year 2008 annual revenues of $7 billion, Shaw is headquartered in Baton Rouge, La., and employs approximately 26,000 people at its offices and operations in North America, South America, Europe, the Middle East and the Asia-Pacific region. Shaw is the power sector industry leader according to Engineering News-Record�s list of Top 500 Design Firms. For further information, please visit Shaw�s Web site at www.shawgrp.com.

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 Web site 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 Web site at www.shawgrp.com.

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