Fluor Honored by Construction Users Roundtable for Achieving Safety Record

December 12, 2002

Fluor Corporation (NYSE: FLR) today announced that its precedent-setting, on- the-job safety record was honored in a ceremony conducted by the Construction Users Roundtable (CURT).

At the CURT National Conference held in Ariz., Fluor was presented with the organization's 2002 Construction Industry Safety Excellence Award (CISE). Fluor's safety management of Biogen Inc.'s large-scale manufacturing facility, located in Research Triangle Park, N.C., was the winner in the 500,000 to 2,000,000 safe work hours class. The distinguished CISE award publicly acknowledges companies that create, maintain and consistently exceed standards for safe work environments.

"The awards, given annually for more than a decade, seek to highlight the achievement of companies that have created world-class construction site safety programs and have shown a dedication to the concept of promoting injury-free construction," said Ron G. Prichard of AON Risk Consulting and chairman of the CISE Awards Committee.

"The CISE award is a source of pride for both Fluor and our client Biogen and is symbolic of our company's global efforts to create and maintain the safest work environments possible," said Ken Smith, a president within Fluor's Industrial & Infrastructure group. "The North Carolina team's efforts truly exemplify the standards of safety we strive for in our business."

Fluor Corporation (NYSE: FLR) provides services on a global basis in the fields of engineering, procurement, construction, operations, and maintenance and project management. Headquartered in Aliso Viejo, California, 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: Jerry Holloway, Media Relations, +1-949-349-7411, or Lori Serrato, Media Relations, +1-949-349-7420, or Lila Churney, Investor Relations, +1-949-349-3909, fax +1-949-349-5375, all of Fluor Corporation.

Jerry Holloway, Media Relations, +1-949-349-7411, or Lori Serrato, Media Relations, +1-949-349-7420, or Lila Churney, Investor Relations, +1-949-349-3909, fax +1-949-349-5375, all of Fluor Corporation/