Shaw Awarded Engineering, Procurement and Construction Contract by Dominion; Shaw to Retrofit Coal-Fired Generating Unit at Chesterfield Station

The Shaw Group Inc. (NYSE: SGR) today announced that itsShaw Stone & Webster unit has been awarded an engineering, procurementand construction (EPC) contract to retrofit the coal-fired generatingUnit 6 at Dominion's Chesterfield Station in Chester, Virginia withpollution control equipment. The retrofit will include theinstallation of Flue Gas Desulphurization (FGD) equipment, also knownas "scrubbers," which are designed to remove over 95 percent of theunit's sulfur dioxide emissions thereby significantly improving theair quality surrounding the facility. Engineering is already inprogress and construction is expected to begin in 2006. Completion forthe Chesterfield location is expected in summer 2008.

J.M. Bernhard, Jr., Chairman and Chief Executive Officer of Shaw,said, "This latest scrubber award furthers our leadership position inthe scrubber market both logistically and in terms of a demonstratedand broad range of successful relationships in this industry. We lookforward to expanding our project portfolio in the FGD market and tocontinuing to identify creative, effective solutions that benefit ourclients and our communities."

The Shaw Group Inc. is a leading global provider of technology,engineering, procurement, construction, maintenance, fabrication,manufacturing, consulting, remediation, and facilities managementservices for government and private sector clients in the energy,chemical, environmental, infrastructure and emergency responsemarkets. Headquartered in Baton Rouge, Louisiana, with over $3 billionin annual revenues, Shaw employs approximately 20,000 people at itsoffices and operations in North America, South America, Europe, theMiddle East and the Asia-Pacific region. The Company was recentlynamed to Fortune magazine's annual list of "America's Most AdmiredCompanies" for the second consecutive year. For further information,please visit Shaw's website at www.shawgrp.com.

The Private Securities Litigation Reform Act of 1995 provides a"safe harbor" for certain forward-looking statements. The statementscontained herein that are not historical facts (including withoutlimitation statements to the effect that the Company or its management"believes," "expects," "anticipates," "plans," or other similarexpressions) and statements related to revenues, earnings, backlog, orother financial information or results are forward-looking statementsbased on the Company's current expectations and beliefs concerningfuture developments and their potential effects on the Company. Therecan be no assurance that future developments affecting the Companywill be those anticipated by the Company. These forward-lookingstatements involve significant risks and uncertainties (some of whichare beyond our control) and assumptions and are subject to changebased upon various factors. Should one or more of such risks oruncertainties materialize, or should any of our assumptions proveincorrect, actual results may vary in material respects from thoseprojected in the forward-looking statements. The Company undertakes noobligation to publicly update or revise any forward-lookingstatements, whether as a result of new information, future events orotherwise. A description of some of the risks and uncertainties thatcould cause actual results to differ materially from suchforward-looking statements can be found in the Company's reports andregistration statements filed with the Securities and ExchangeCommission, including its Form 10-K and Form 10-Q reports, and on theCompany's web-site under the heading "Forward-Looking Statements".These documents are also available from the Securities and ExchangeCommission or from the Investor Relations department of Shaw. For moreinformation on the company and announcements it makes from time totime on a regional basis visit our web site at www.shawgrp.com.