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Bechtel announces 2001 results

SAN FRANCISCO, April 9, 2002 — Bechtel booked $9.3 billion in new work last year. Workoff revenue of $13.4 billion represented one of the highest levels in Bechtel’s history.

Though the company fell short of an ambitious 2001 financial plan, profitability held steady. It was a solid year for the company, and Bechtel’s workload for 2002 also looks solid.

Key factors include the continuing growth of Bechtel’s telecommunications, government, and power businesses, and the company’s ability to maintain a presence in markets worldwide.

Additional information on the past year’s highlights will be available in May with the publication of Bechtel’s 2002 Global Report.