ADDING MULTIMEDIA Shaw Names Dave Barry as President of Shaw Stone & Webster Nuclear Services; Industry Veteran With Over Thirty Years Experience Joins Shaw Leadership Team.

BATON ROUGE, La. -- The Shaw Group Inc. (NYSE:SGR) today announced that it has hired Dave Barry as President of its Shaw Stone & Webster Nuclear Services division. Shaw Stone & Webster Nuclear Services provides a seamless offering of premier engineering, maintenance, construction, environmental and nuclear remediation services to commercial, government and international clients. As President of Shaw Stone & Webster Nuclear Services, Mr. Barry will oversee all aspects of the division's business operations and will direct Shaw's strategic marketing and business development efforts, leveraging the company's recognized nuclear expertise and leading market position to target emerging opportunities in the global nuclear marketplace. Mr. Barry will report to Tim Barfield, President and Chief Operating Officer of Shaw. D. Ron McCall will continue to lead the company's nuclear maintenance activities and will continue to report to Mr. Barfield.

Mr. Barry brings over thirty years of experience in the global nuclear power industry to Shaw, with significant expertise in managing nuclear new-build projects. Mr. Barry joins Shaw after six years with Bechtel, where he held several leadership positions in operations and business development. Most recently, Mr. Barry served as operations manager overseeing the execution of Bechtel's fossil power projects. His work also included managing a multibillion government contract involving multiple infrastructure projects successfully in a war zone. Previously, Mr. Barry worked for Stone & Webster for over twenty-five years and held various positions of increasing responsibility. During his career, he has worked in every discipline and aspect of the industry including project and construction management, business development, process analysis and enhancements, financial oversight, and supply chain management. Mr. Barry also has considerable experience managing multinational labor working in the overseas markets, particularly in the Middle East.

J.M. Bernhard, Jr., Chairman and Chief Executive Officer of Shaw, said, "Our global market position in the nuclear new-build market is solid and as part of the AP 1000 consortium, we are actively pursuing emerging opportunities in China to provide design, engineering, procurement, and construction services for four proposed nuclear generating plants. Mr. Barry's impressive track record in developing and overseeing nuclear new-build projects will augment our current efforts and we welcome him to the Shaw team. He has established relationships and operational experience throughout the domestic and international nuclear marketplace and is very well respected for his business development and client relations strategies. Moreover, Dave possesses superior leadership skills and project execution capabilities. These qualities will serve our valued clients well as nuclear generation continues to be accepted as the best solution to meeting the growing demand for clean and efficient energy."

The nuclear energy marketplace is experiencing a resurgence and Shaw remains at the forefront of this important industry in every phase of the nuclear life cycle. Today, Shaw is assisting clients in preparing applications for combined operating licenses to utilize nuclear technology, overseeing the restart of TVA's Browns Ferry Unit #1, the largest nuclear construction project in progress in the western hemisphere, and providing maintenance and modifications services to approximately forty percent of the nation's nuclear generating plants. Shaw is also a recognized leader in providing premier decommissioning services. The company is currently working in numerous commercial, research and government facilities and successfully decommissioned Maine Yankee, the largest decontamination and decommission project in the country to date. Shaw's work in the nuclear field began over 50 years ago when the company provided engineering and design services to Shippingport, the nation's first commercial nuclear power generating plant.

Mr. Barry holds a Bachelor of Science degree in mechanical engineering from the University of Massachusetts. He has participated in leadership and business execution seminars at the distinguished Wharton School of Business at the University of Pennsylvania and holds several professional registrations. Mr. Barry is also an active member of the Project Management Institute and American Society of Mechanical Engineers.

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, chemical, environmental, infrastructure and emergency response markets. With over $3 billion in revenues, Shaw is headquartered in Baton Rouge, Louisiana, and employs approximately 20,000 people at its offices and operations in North America, South America, Europe, the Middle East and the Asia-Pacific region. The Company has twice been named to Fortune magazine's annual list of "America's Most Admired Companies." For further information, please visit Shaw'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.