Shaw to Release Second Quarter Fiscal Year 2011 Earnings April 11

The Shaw Group Inc. (NYSE: SHAW) will hold a conference call Monday, April 11, 2011, at 9 a.m. Eastern time (8 a.m. Central time) to discuss the company's financial results for the second quarter fiscal year 2011. End Quote

(1888PressRelease) July 02, 2011 - BATON ROUGE, La - Financial results and a slide presentation will be posted on Shaw's website at www.shawgrp.com at approximately 8 a.m. Eastern time that same day.

Interested parties may either dial 1.800.471.6718 to listen to the conference call live or access a live audio webcast on Shaw's website at www.shawgrp.com. A replay of the conference call will be available after the call by telephone, as well as on the company's website. To listen to the replay by telephone, dial 1.888.843.7419 and use pass code 29395871#.

The Shaw Group Inc. (NYSE:SHAW) is a leading global provider of engineering, construction, technology, fabrication, remediation and support services for clients in the energy, chemicals, environmental, infrastructure and emergency response industries. A Fortune 500 company with fiscal year 2010 annual revenues of $7 billion, Shaw has approximately 27,000 employees around the world and is the power sector industry leader according to Engineering News-Record's list of Top 500 Design Firms. For more information, please visit Shaw's website at www.shawgrp.com.
This press release contains forward-looking statements and information about our current and future prospects, operations and financial results, which are based on currently available information. Actual future results and financial performance could vary significantly from those anticipated in such statements.

Among the factors that could cause future events or transactions to differ from those we expect are those risks discussed in our Annual Report on Form 10-K for the fiscal year ended August 31, 2010, our Quarterly Reports on Form 10-Q for the quarters ended February 28, 2010, May 31, 2010, and November 30, 2010, and other reports filed with the Securities and Exchange Commission (SEC). Please read our "Risk Factors" and other cautionary statements contained in these filings. Our current expectations may not be realized as a result of, among other things:

• Changes in our clients' financial conditions, including their capital spending;
• Our ability to obtain new contracts and meet our performance obligations;
• Client contract cancellations or modifications to contract scope;
• Worsening global economic conditions;
• Changes to the regulatory environment;
• Litigation or arbitration decisions;
• Failure to achieve projected backlog.

As a result of these risks and others, actual results could vary significantly from those anticipated in this press release, and our financial condition and results of operations could be materially adversely affected. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, the occurrence of certain events or otherwise.

SOURCE: The Shaw Group Inc.
The Shaw Group Inc.
Gentry Brann, 225-987-7372
gentry.brann ( @ ) shawgrp dot com

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