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CARMICHAEL NAMED SENIOR VICE PRESIDENT IN MK'S INTERNATIONAL GROUP

 BOISE, Idaho, Feb. 25 /PRNewswire/ -- Gilbert E. Carmichael, administrator of the Federal Railroad Administration in the Bush Administration and a long-time advocate of a more prominent role for freight and passenger railroads in the United States, has joined Morrison Knudsen Corp. (MK) (NYSE: MRN) as a senior vice president in the company's International Group, the company announced today.
 Carmichael, who was appointed administrator of the Federal Railroad Administration by President George Bush in 1989, will help lead MK's efforts to obtain work in the fast-growing high-speed rail market, both in the United States and internationally.
 "Mr. Carmichael used his tenure with the Federal Railroad Administration to promote the role of railroads in a balanced national transportation system," said William J. Agee, MK chairman and chief executive officer. "His experience and expertise will greatly enhance MK's ability to serve the rail industry in this rapidly evolving intermodal system."
 MK's growing services to railroads and transit agencies include manufacture of commuter cars and locomotives, manufacture of parts and accessories, and design and construction of railroad and transit lines and related facilities. The company is part of the Texas TGV Corp., which holds a state-awarded franchise to design, build, own and operate a 200-mile-per-hour passenger-train system serving most of the state's major cities.
 Carmichael was instrumental in securing federal funding for advanced-technology rail systems such as high-speed rail and magnetic levitation. For four years, he served as the Secretary of Transportation's designate to the Amtrak Board of Directors, supporting capital investment, new high-speed rail intercity service and financial self-sufficiency for the national passenger rail system.
 He is a graduate of Texas A&M University.
 Morrison Knudsen is an international company serving the environmental, industrial process, power and transportation markets with complete development, design/engineering, construction, operating and financial services.
 -0- 2/25/93
 /CONTACT: Stanley D. Crowe, vice-president Corporate Communications, of Morrison Knudsen, 208-386-5387/
 (MK)


CO: Morrison Knudsen Corp. ST: Idaho IN: TRN SU: PER

SW -- SE010 -- 0398 02/25/93 12:52 EST
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Date:Feb 25, 1993
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