Fluor Corporation Declares Quarterly Dividend

October 28, 2003

Fluor Corporation's (NYSE: FLR) board of directors declared a quarterly cash dividend of 16 cents ($0.16) per share on the company's common stock, payable January 2, 2004, to shareholders of record on December 12, 2003.

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 $10 billion. For more information, visit www.fluor.com .

For further information, please contact: media, Jerry Holloway, +1-949-349-7411, or Lori Serrato, +1-949-349-7420, or Lila Churney, Investor Relations, +1-949-349-3909, or fax, +1-949-349-5375, all of Fluor Corporation.

media, Jerry Holloway, +1-949-349-7411, or Lori Serrato,+1-949-349-7420, or Lila Churney, Investor Relations, +1-949-349-3909, or fax,+1-949-349-5375, all of Fluor Corporationhttp://www.fluor.com