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Jacobs Selected to Provide Project Management for Exempla Saint Joseph Hospital's New Hospital Campus in Downtown Denver

March 20, 2008
Jacobs Selected to Provide Project Management for Exempla Saint Joseph Hospital's New Hospital Campus in Downtown Denver Tuesday, February 26, 2008; Posted: 07:45 AM PASADENA, Calif., Feb 26, 2008 /PRNewswire-FirstCall via COMTEX/ -- JEC | news | PowerRating | PR Charts -- Jacobs Engineering Group Inc. (NYSE: JEC | news | PowerRating | PR Charts ) announced today it was selected to provide Owner's Representative and Project Management services for Phase I of the Exempla Saint Joseph Hospital's new hospital campus program in downtown Denver, Colo. Officials estimate the total Phase I project value at $650 million. The complete program will involve design and construction of a 450-bed, tertiary hospital in two phases. Phase I will include 300 inpatient beds, 24 to 28 operating rooms, emergency services to accommodate 75,000 to 100,000 visits, and associated ancillary and support spaces in approximately 744,000 gross square feet of space. Phase II is projected to include an additional 150 beds and required support spaces. Jacobs will be supported by a major subconsultant, Technical Project Services (TPS) of Denver. Jacobs and TPS will provide complete planning, design, construction, and occupancy phase project management services, with a focus on integrated project delivery strategies and Lean construction techniques to meet Exempla's ambitious objectives for the project. In making the announcement, Jacobs Group Vice President Warren Dean stated, "We are delighted to support Exempla on their significant new Saint Joseph Hospital campus in Denver. We look forward to implementing leading delivery strategies and best practices from the more than $10 billion in healthcare projects that we are currently managing nationwide." Jacobs, with over 54,000 employees and about $9.0 billion in revenues, provides technical, professional, and construction services globally. Any statements made in this release that are not based on historical fact are forward-looking statements. Although such statements are based on management's current estimates and expectations, and currently available competitive, financial, and economic data, forward-looking statements are inherently uncertain. We, therefore, caution the reader that there are a variety of factors that could cause business conditions and results to differ materially from what is contained in our forward-looking statements. For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our 2007 Form 10-K, and in particular the discussions contained under Items 1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations. We also caution the readers of this release that we do not undertake to update any forward-looking statements made herein. For additional information contact: Mary Bloom 626.578.6992