Financial Resource

The Shaw Group Inc. (NYSE: SHAW) today announced it will hold a conference call today, Nov. 29, 2010, at 11 a.m. Eastern time (10 a.m. Central time) to discuss a new global strategic partnership. A slide presentation will be posted on the Investor Relations page of Shaw’s website at http://www.shawgrp.com approximately one hour prior to the conference call.

Interested parties may dial 1-800-588-4973 to listen to the conference call live or access a live audio webcast of the call on the Investor Relations page of Shaw’s website at http://www.shawgrp.com.

A replay of the conference call will be available after the call by telephone, as well as on the company’s website. To listen to the replay by telephone, dial 1-888-843-7419 and use pass code 28531133#.

The Shaw Group Inc. (NYSE:SHAW) is a leading global provider of engineering, construction, technology, fabrication, remediation and support services for clients in the energy, chemicals, environmental, infrastructure and emergency response industries. A Fortune 500 company with fiscal year 2010 annual revenues of billion, Shaw has approximately 27,000 employees around the world and is the power sector industry leader according to Engineering News-Record’s list of Top 500 Design Firms. For more information, please visit Shaw’s website at http://www.shawgrp.com.

This press release contains forward-looking statements and information about our current and future prospects, operations and financial results, which are based on currently available information. Actual future results and financial performance could vary significantly from those anticipated in such statements.

Among the factors that could cause future events or transactions to differ from those we expect are those risks discussed in our Annual Report on Form 10-K for the fiscal year ended August 31, 2010, our Quarterly Reports on Form 10-Q for the quarters ended November 30, 2009, February 28, 2010, and May 31, 2010, and other reports filed with the Securities and Exchange Commission (“SEC”). Please read our “Risk Factors” and other cautionary statements contained in these filings. Our current expectations may not be realized as a result of, among other things:

    * Changes in our clients’ financial conditions, including their capital spending;

    * Our ability to obtain new contracts and meet our performance obligations;

    * Client contract cancellations or modifications to contract scope;

    * Worsening global economic conditions;

    * Changes to the regulatory environment;

    * Failure to achieve projected backlog.

As a result of these risks and others, actual results could vary significantly from those anticipated in this presentation, and our financial condition and results of operations could be materially adversely affected. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, the occurrence of certain events, or otherwise.

Tags: audio webcast, call, capital management, conference, conference call scam, construction technology, design firms, dial, emergency, engineering construction, engineering news record, environmental infrastructure, Factors, financial performance, fortune 500 company, future prospects, Global, Group, host, industry, information, investor relations, leading global provider, news, page, partnership announcement, power, power sector, Relations, remediation, Scam, scam shaw capital, SEC, sector, shaw capital scam, shaw group, shaw group inc, shaw-capital.com scam, shawgrp, shell operations jobs, slide presentation, spending, strategic partnership, Support, technology, telephone dial, time, visit, web, webcast, year