Fluor Corporation Announces 25 Percent Dividend Increase

February 10, 2006

Fluor Corporation announced that its board of directors has authorized a 25 percent increase in the quarterly dividend to 20 cents ($0.20) per share on the company's common stock. This increased cash dividend is payable on April 3, 2006, to shareholders of record on March 9, 2006.

Chairman and Chief Executive Officer Alan Boeckmann stated, "This increased dividend reflects our strong financial position and performance as well as management's confidence in our future prospects."

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 $9.4 billion in 2004. For more information, visit www.fluor.com.

Leann Vandergrift/Lisa Boyette
Media Relations
949.349.7420/3652

Ken Lockwood
Investor Relations
949.349.3815 tel
949.349.5375 fax

Media Relations, Leann Vandergrift, +1-949-349-7420, or LisaBoyette, +1-949-349-3652, or Investor Relations, Ken Lockwood,+1-949-349-3815, or fax, +1-949-349-5375, all of Fluor Corporation/