Washington Group Subsidiary Rust Constructors Wins Contract to Manage Construction of $1.2 Billion Hyundai Plant in Alabama.

Business Editors

BOISE, Idaho--(BUSINESS WIRE)--Nov. 5, 2002

Washington Group International, Inc. (OTCBB:WGII) announced today that its subsidiary, Rust Constructors Inc., has been selected by Hyundai Motor Manufacturing Alabama, LLC (HMMA) to manage construction of a $1.2 billion, two-million-square-foot automobile assembly plant in Montgomery, Alabama.

As construction manager, Birmingham, Alabama-based Rust Constructors' responsibilities will include oversight of the project schedule, budget, and safety program and management of construction and specialty subcontractors.

"This is a pivotal contract for Washington Group and for Rust Constructors," said Stephen G. Hanks, president and chief executive officer of Washington Group. "We are delighted to be working for a new international client while adding significantly to our presence the Southeastern United States and expanding our long resume of automotive plant construction projects around the world."

HMMA will produce 300,000 automobiles per year at the plant. Construction will start immediately. The plant is expected to produce its first automobiles and sport utility vehicles in 2005.

Hanks said Rust Constructors will assist HMMA in hiring local contractors and subcontractors.

"For HMMA, we will bring our global experience with almost two dozen major automotive plant construction or expansion projects," said Hanks. "And for us, this job reaffirms our preeminent position in providing engineering, construction, and operations and maintenance services to the automobile industry -- particularly in the southeast."

Washington Group International, Inc. is a leading international engineering, construction and environmental firm. With more than 30,000 employees at work in over 40 states and more than 30 countries, the company offers a full life-cycle of services as a preferred provider of premier science, engineering, construction, operations, maintenance, program management and development services in 14 major markets.

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