18.10.2006 13:35:00

Shaw Names James Dudley as President of Consulting Group

The Shaw Group Inc. (NYSE:SGR) today announced that James (Jim) Dudley has joined Shaw’s Energy & Chemicals division as President, Consulting business line. Mr. Dudley will be responsible for global sales and operations management for the group. He will report to Abe Fatemizadeh, President of Shaw's Energy and Chemicals division. Dudley joins Shaw with more than 30 years of consulting experience in the mid and downstream sectors. Most recently, he was the Vice President, Strategic and Commercial Advisory Services practice, KBC Advanced Technologies. His career includes positions with Unocal, Exxon and Pace Consultants, and Wright Killen & Co. When Ernst & Young acquired WK & Co. in 1996, Dudley became a member of E&Y’s energy, chemicals and utilities executive group, and the Global Energy Corporate Finance team. He established his own firm, Dudley & Co. Advisors, in 2001, to assist clients with contract negotiations, business assessment and valuation, strategic planning and litigation support. J.M. Bernhard, Jr., Chairman and Chief Executive Officer of Shaw, said, "We are pleased to welcome Jim to our management team. His broad consulting and industry experience combined with our reputation in engineering, procurement and construction project management services will be a strong combination as we strive to position our company for continued growth and success.” Dudley has an MBA in strategy and finance from the University of Houston and a bachelor of science in Chemical Engineering from Lamar University. The Shaw Group Inc. is a leading global provider of engineering, procurement, construction, technology, maintenance, fabrication, manufacturing, consulting, remediation, and facilities management services for government and private sector clients in the energy, chemical, environmental, infrastructure and emergency response markets. Headquartered in Baton Rouge, Louisiana, with over $4 billion in annual revenues, Shaw employs approximately 22,000 people at its offices and operations in North America, South America, Europe, the Middle East and the Asia-Pacific region. For further information, please visit Shaw's website at www.shawgrp.com.

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