Shaw Names Jeffrey Merrifield Senior Vice President, Power Group

The Shaw Group Inc. (NYSE:SGR) today announced that Jeffrey S. Merrifield has been named a senior vice president in the company’s Power Group. He will relocate to Shaw’s Power Group headquarters in Charlotte, North Carolina, and report directly to Richard Gill, president of the Power Group. Mr. Merrifield formerly was a commissioner on the United States Nuclear Regulatory Committee (NRC) from October 1998 through June 2007. Initially appointed by President Clinton and reappointed by President Bush, he served as acting NRC chairman during the August 2003 blackout when nine nuclear reactors underwent emergency shutdowns, as well as during an emergency situation that led to the first evacuation of an NRC licensed site since Three Mile Island. Additionally, Mr. Merrifield led the rewriting of the NRC Strategic Plan for Fiscal Years 2004-2009, including crafting the first-ever NRC vision statement and he headed the U.S. delegation to the Third Convention on Nuclear Safety at the International Atomic Energy Agency. Before joining the NRC, Mr. Merrifield served as counsel and staff director to the U.S. Senate Subcommittee on Superfund, Waste Control and Risk Assessment from 1995 to 1998. He was also an associate at McKenna and Cuneo and served on the legislative staffs of Senators Robert C Smith (R-NH) and Gordon Humphrey (R-NH). J.M. Bernhard, Jr., chairman, president and chief executive officer of Shaw, said, "Mr. Merrifield brings valuable regulatory and legislative experience to The Shaw Group as we expand our ability to engineer, design and construct advanced nuclear power generating facilities using the AP1000 technology that is environmentally advantageous in regards to greenhouse gas emissions. We welcome Jeff to Shaw and believe his guidance will help our Power Group business answer the nation’s need for additional electrical capacity as utilities retire older generation plants and pursue more environmentally friendly options.” Mr. Merrifield received his Bachelor of Arts degree from Tufts University in 1985 and his Juris Doctor degree from the Georgetown University Law Center in 1992. He is a member of the bar of both New Hampshire and the District of Columbia. The Shaw Group Inc. is a leading global provider of technology, engineering, procurement, construction, 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. A Fortune 500 company with nearly $5 billion in annual revenues, Shaw is headquartered in Baton Rouge, Louisiana and employs approximately 25,000 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. The Private Securities Litigation Reform Act of 1995 provides a "safe harbor” for certain forward-looking statements. The statements contained herein that are not historical facts (including without limitation statements to the effect that the Company or its management "believes,” "expects,” "anticipates,” "plans,” or other similar expressions) and statements related to revenues, earnings, backlog, or other financial information or results are forward-looking statements based on the Company’s current expectations and beliefs concerning future developments and their potential effects on the Company. There can be no assurance that future developments affecting the Company will be those anticipated by the Company. These forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions and are subject to change based upon various factors. Should one or more of such risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in the forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. A description of some of the risks and uncertainties that could cause actual results to differ materially from such forward-looking statements can be found in the Company’s reports and registration statements filed with the Securities and Exchange Commission, including its Form 10-K and Form 10-Q reports, and on the Company's web-site under the heading "Forward-Looking Statements”. These documents are also available from the Securities and Exchange Commission or from the Investor Relations department of Shaw. For more information on the company and announcements it makes from time to time on a regional basis visit our web site at www.shawgrp.com.