Fluor Wins UK Chemical Project

May 13, 2004

Fluor Corporation (NYSE: FLR) today announced that it has been awarded a front-end engineering and design contract by INEOS Chlor for a new chlor-alkali plant to be built at the company's manufacturing complex in Runcorn, Cheshire, in the United Kingdom. The value of the contract has not been disclosed, but it was included in the company's first-quarter bookings.

The plant will use INEOS Chlor's state-of-the-art chlor-alkali membrane technology, BiChlor which offers significant operating advantages. INEOS Chlor is one of the major chlor-alkali producers in Europe and a global leader in chlorine derivatives.

Fluor also is the overall project manager working with an integrated team of engineers from Uhde GmbH of Dortmund, Germany, and INEOS Chlor. Engineering is under way at Fluor's office in Haarlem, the Netherlands.

Constructed on a brown-field site at the Runcorn complex, the plant will produce approximately 400,000 tons of chlorine annually. The new facility will include brine treatment, electrolyses, chlorine drying and liquefaction, hydrochloric acid and sodium hypochlorite syntheses, storage, loading and utilities.

"We are extremely pleased to be awarded the development phase for this important chemical project," said Henry Van Dyke, a Fluor president responsible for Chemicals within Fluor's Industrial group. "The project team offers extensive expertise in executing projects for the chemical industry and is further strengthened by Uhde's track record in chlor-alkali processing and electrolysis. This project further reinforces Fluor's position as an industry leader in the application of new process technologies."

Fluor 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/Lisa Boyette
Media Relations
949.349.7411/3652 tel

Janet Kearns
Media Relations
44 1932 246120/44 20 8222 7057 tel

Lila Churney
Investor Relations
949.349.3909 tel
949.349.5375 fax

Media Relations, Jerry Holloway, +1-949-349-7411, or LisaBoyette, +1-949-349-3652, or Janet Kearns, 44 1932 246120 or 44 20 8222 7057,or Investor Relations, Lila Churney, +1-949-349-3909, or fax, +1-949-349-5375,all of Fluor Corporationhttp://www.fluor.com