Fluor Corporation (NYSE: FLR) announced today that the conversion rate
applicable to its outstanding 1.5% Convertible Senior Notes due 2024 has
been adjusted to 36.6729 from 36.2815, effective June 4, 2013, subject
to further adjustment as provided in the governing indenture. The
adjustment has been made pursuant to the terms of the indenture as a
result of the company’s recognition of postponed adjustments relating to
cash dividends paid since the second quarter of 2011, which adjustments
were carried forward as permitted under the indenture.
About Fluor Corporation
For more than 100 years, Fluor Corporation (NYSE: FLR) has partnered
with its clients to design, build and maintain many of the world's most
challenging and complex capital projects. Through its global network of
offices on six continents, more than 40,000 employees provide
comprehensive capabilities and world-class expertise in the fields of
engineering, procurement, construction, commissioning, fabrication,
operations, maintenance and project management. Today, the company
serves a global client base in the energy, chemicals, government,
industrial, infrastructure, operations & maintenance, manufacturing &
life sciences, mining, power and transportation sectors. Headquartered
in Irving, Texas, Fluor ranks 110 on the FORTUNE 500 list and had
revenue of $27.6 billion in 2012. For more information, visit www.fluor.com.
Fluor CorporationMedia RelationsKeith Stephens, 469-398-7624orBrian Mershon, 469-398-7621orInvestor RelationsKen Lockwood, 469-398-7220orJason Landkamer, 469-398-7222