Jacobs Selected for Design and Other Professional Services Required to Revitalize and Upgrade the Operations and Checkout Building at Kennedy Space Ce

Jacobs Engineering
Group Inc. announced today that a subsidiary company has
been selected for negotiation by the National Aeronautics and Space
Administration (NASA) to provide design and other professional
services required to revitalize and upgrade the Operation and Checkout
Building (O&C) at Kennedy Space Center, Fla. The project also involves
programming, interior design, and program/construction management
services.

The magnitude of each phase of construction is expected to exceed
$5 million. Concept validation and design is expected to commence in
late August 2004.

Originally built in the 1950s, this is the first major renovation
to the entire 200,000-square-foot O&C building. The renovation
includes the removal/demolition of all interior systems, replacing
them with modern, energy-efficient systems.

Jacobs is providing a design to strive for certification in the
Leadership in Energy and Environmental Design’s Green Building rating
system. The design and construction of the O&C comprises several
phases over multiple years.

In making the announcement, Jacobs Group Vice President Warren
Dean stated, “We are excited to continue our 40-year history with NASA
as part of this very important project. The opportunity to provide
design and program/construction management services to Kennedy Space
Center’s O&C Building further strengthens our commitment to helping
NASA meet their critical mission requirements.”

Any statements made in this release that are not based on
historical fact are forward-looking statements. Any forward-looking
statements made in this release represent management’s best judgement
as to what may occur in the future. However, Jacobs’ actual outcome
and results are not guaranteed and are subject to certain risks,
uncertainties and assumptions (“Future Factors”), and may differ
materially from what is expressed. For a description of Future Factors
that could cause actual results to differ materially from such
forward-looking statements, see the discussion under the section
“Forward-Looking Statements” included in Item 7 – Management’s
Discussion and Analysis of Financial Condition and Results of
Operations contained in the Company’s 2003 Annual Report on Form 10-K.