Fluor Corporation Declares Quarterly Dividend

October 27, 2004

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 3, 2005, to shareholders of record on December 8, 2004.

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 nearly $9 billion in 2003. For more information, visit www.fluor.com.

Jerry Holloway/Leann Vandergrift
Media Relations
949.349.7411/7420

Lila Churney
Investor Relations
949.349.3909 tel
949.349.5375 fax

Media, Jerry Holloway, +1-949-349-7411, or Leann Vandergrift,+1-949-349-7420, or Investor Relations, Lila Churney, +1-949-349-3909, or fax,+1-949-349-5375, all of Fluor Corporation//Web site: http://www.fluor.com /