Fluor Corporation Declares Quarterly Dividend

November 6, 2002

Fluor Corporation's board of directors declared a quarterly cash dividend of 16 cents ($0.16) per common share on the company's common stock, payable January 2, 2003, to shareholders of record on December 10, 2002.

Fluor Corporation (NYSE: FLR) provides services on a global basis in the fields of engineering, procurement, construction, operations, maintenance and project management. Headquartered in Aliso Viejo, Calif., Fluor is a Fortune 500 company with revenues of $9 billion in fiscal year 2001. For more information, visit www.fluor.com.

For further information, please contact: Media Relations, Lisa Boyette, +1-949-349-3652, or Lori Serrato, +1-949-349-7420, or Investor Relations, Lila Churney, +1-949-349-3909, fax, +1-949-349-5375, all of Fluor Corporation.

Media Relations, Lisa Boyette, +1-949-349-3652, or Lori Serrato, +1-949-349-7420, or Investor Relations, Lila Churney, +1-949-349-3909, fax, +1-949-349-5375, all of Fluor Corporation