Fluor-Led Consortium Delivers Final Section of Dutch High-Speed Rail Line.

LONDON -- The final phase of the infrastructure for the Dutch High-Speed Rail project, a landmark Euros 2.9 billion public-private partnership in The Netherlands, was delivered within budget and schedule to the Dutch government on December 21, 2006. The Certificate of Availability (CoA) for the northern section of the 90-kilometre high-speed rail connection was presented to Infraspeed, the consortium responsible for delivery of the engineering, procurement and construction phase of the project. The CoA for the southern section was awarded in July 2006.

Award of the certificate is an important step in realizing the Netherlands' first high-speed rail link as it means that the Requirements Compliance Matrix and the Safety Case have been fulfilled for the entire length of the railway.

Infraspeed, the Fluor-led consortium was selected by the Dutch government to design, build and finance the HSL superstructure and to maintain the entire high-speed rail connection for a period of 25 years. During the concession period, Infraspeed will provide availability of the rail line for a minimum of 99 percent of operational hours.

"Fluor with our partners, Royal BAM, Siemens, Innisfree and HSBC, have demonstrated their commitment to achieving this historical moment in Dutch rail history," said Hans Dekker, Fluor's project director. "I would like to congratulate everybody for their tremendous efforts and to thank the Dutch government and our client, the HSL-Zuid organization for their unrelenting support."

Fluor Corporation (NYSE:FLR) provides services on a global basis in the fields of engineering, procurement, construction, operations, maintenance and project management. Headquartered in Irving, Texas, Fluor is a FORTUNE 500 company with revenues of $13.2 billion in 2005. For more information, visit www.fluor.com.

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