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Press release from Business Wire

Fluor Receives Contract Extension for Diablo Canyon Operations & Maintenance Work in California

Tuesday, April 30, 2013

Fluor Receives Contract Extension for Diablo Canyon Operations & Maintenance Work in California

09:27 EDT Tuesday, April 30, 2013

IRVING, Texas (Business Wire) -- Fluor Corporation (NYSE: FLR) announced today that Pacific Gas and Electric Company (PG&E) awarded the company an extension of its operations and maintenance (O&M) contract for work at PG&E's Diablo Canyon Power Plant Units 1 & 2 in Avila Beach, California. Fluor booked the undisclosed contract value into backlog in the first quarter of 2013.

At Diablo Canyon, which produces 18,000 gigawatt-hours annually, Fluor will continue to provide ongoing maintenance, modification and outage services for PG&E's two nuclear generating units. The work encompasses mechanical, electrical and civil tasks during non-outage and outage periods. Fluor was awarded the initial O&M contract in May 2010.

“Fluor is pleased to extend our operations and maintenance services for PG&E,” said Matt McSorley, senior vice president and head of Fluor's Power business. “Diablo Canyon features an exemplary safety record while providing clean, reliable energy to millions of Californians. Fluor looks forward to continuing that tradition of safety excellence while maintaining this significant facility.”

The Diablo Canyon Power Plant, which has operated safely since 1985, features two Pressurized Water Reactor (PWR) units to produce energy for more than 3 million residents of Northern and Central California.

Based in San Francisco, PG&E is one of the largest combination natural gas and electric utilities in the United States.

About Fluor Corporation

For more than 100 years, Fluor Corporation (NYSE: FLR) has partnered with its clients to design, build and maintain many of the world's most challenging and complex capital projects. Through its global network of offices on six continents, more than 40,000 employees provide comprehensive capabilities and world-class expertise in the fields of engineering, procurement, construction, commissioning, fabrication, operations, maintenance and project management. Today, the company serves a global client base in the energy, chemicals, government, industrial, infrastructure, operations & maintenance, manufacturing & life sciences, mining, power and transportation sectors. Headquartered in Irving, Texas, Fluor ranks 124 on the FORTUNE 500 list and had revenue of $27.6 billion in 2012. For more information, visit www.fluor.com.

Fluor Corporation
Media Relations
Keith Stephens, 469-398-7624
or
Brian Mershon, 469-398-7621
or
Investor Relations
Ken Lockwood, 469-398-7220
or
Jason Landkamer, 469-398-7222

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