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JACOBS ENGINEERING GROUP INC. ANNOUNCES RESULTS FOR THE THIRD QUARTER OF 1993

 PASADENA, Calif., July 19 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE: JEC) today announced earnings for its third quarter of fiscal 1993.
 Net income for the third quarter of 1993 was $7,055,000, or $0.29 per share, on revenues of $258,339,000. This compares to net income for the third quarter of 1992 of $6,265,000, or $0.26 per share, on revenues of $283,421,000.
 For the nine months ended June 30, 1993, net income was $20,730,000, or $0.86 per share, on revenues of $816,377,000. This compares to net income of $20,095,000, or $0.84 per share, on revenues of $807,147,000 for the same period last year. Included in net income for the nine-month period of last year was a net gain of $2.1 million, or $0.09 per share, relating to the sale of securities.
 Jacobs also announced today that its backlog at June 30, 1993 was $1.805 billion; an increase of $120 million from the June 30, 1992 backlog amount.
 Financial highlights follow (in thousands, except earnings per share):
 JACOBS ENGINEERING GROUP INC.
 Three Months Ended Nine Months Ended
 6/30/93 6/30/92 6/30/93 6/30/92
 Revenues $258,339 $283,421 $816,377 $807,147
 Net income $7,055 $6,265 $20,730 $20,095(a)
 Net income per
 share $0.29 $0.26 $0.86 $0.84(a)
 Weighted average
 number of common
 stock and common
 stock equivalents
 outstanding 24,319 24,068 24,243 24,061
 (a) Includes a net gain of $2.1 million, or $0.09 per share, relating to the sale of securities.
 Jacobs provides single-source consulting, engineering, design, architectural, environmental and hazardous waste management, procurement, construction, construction management, contract maintenance and operations services to government and industry worldwide.
 -0- 7/19/93
 /CONTACT: John W. Prosser Jr., senior VP-finance and administration of Jacobs Engineering Group, 818-449-2171/
 (JEC)


CO: Jacobs Engineering Group Inc. ST: California IN: ENV SU: ERN

BP -- LA027 -- 3170 07/19/93 15:00 EDT
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Date:Jul 19, 1993
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