CH2M HILL International Consortia to Compete for Key Projects for 2008 Beijing Olympics.

Business Editors

DENVER--(BUSINESS WIRE)--March 3, 2003

The Beijing government has notified CH2M HILL that the two consortia, which it formed to pursue two high-profile 2008 Beijing Olympic projects, have both been prequalified. These consortia are vying for the right to privately develop, own and operate the 80,000-seat National Stadium, site of many major events, as well as the opening and closing Olympic ceremonies, and the combined Olympic Village and National Indoor Stadium.

CH2M-IDC China President Nicholas Sonntag announced that these projects, valued at over $400 million each, are planned to be privately developed and operated by the CH2M HILL consortium members. A very limited number of companies have received the prequalification that is required to allow the consortium to make an official bid for the Olympic projects. The winners will be announced in the latter part of 2003.

CH2M HILL's participation as an environmental advisor to the Beijing Olympic Bid Committee was acknowledged by the Beijing Organizing Committee of the Olympic Games (BOCOG) as a major contributor to Beijing's success in its bid to host the 2008 Olympic games. CH2M HILL continues as the official environmental adviser for the Beijing Olympic program.

CH2M HILL plans to integrate sustainable development concepts and leading-edge technologies into its final submission to meet the Beijing government's stated goals to hold the greenest Olympics in history.

CH2M HILL has operated in China for 20 years and currently has offices in Beijing, Shanghai, the eastern coastal city of Tianjin and Hong Kong. CH2M HILL plans to apply its project management and construction management experience gained from multi-billion dollar projects throughout the world.

According to Sonntag, CH2M HILL has brought together a dream team of domestic and international companies for designing, financing, building and operating the signature projects for the 2008 Beijing Olympics.

Sonntag believes that the key to winning the right to develop both key venues rests in the ability of the consortia to submit visionary technical designs supported by cost effective and commercially viable development and operations plans.

Beijing clinched the Olympic city bid in 2001 ahead of rivals Paris and Toronto after losing an earlier effort to host the 2000 Olympics to Sydney, Australia.

CH2M HILL is an employee-owned, global firm providing engineering, construction, operations, and related technical services to public and private clients in numerous industries. The firm's work is concentrated in the areas of water, energy, environment, transportation, telecommunications, construction, and industrial facilities. Headquartered in Denver, CH2M HILL has more than 10,500 employees working in 165 offices worldwide where respect for the environment is reflected in safe, innovative and environmentally sound work practices.