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Jacobs Engineering announces results for first quarter fiscal 2008

Jacobs Engineering Group Inc. reported record net earnings of $98.4 million, or $0.79 per diluted share, on revenues of $2.5 billion for its first quarter of fiscal 2008 ended December 31, 2007. This compares to net earnings of $61.3 million, or $0.51 per diluted share, on revenues of $2.0 billion for the same period last year.

Included in the Company's results of operations for the first quarter of fiscal 2008 is an after-tax gain of $5.4 million, or $0.04 per diluted share, from the sale of its interest in a company that provides specialized operations and maintenance services, such as snow removal and pavement repair, for highways and associated facilities.

Jacobs also announced backlog totaling $15.0 billion at December 31, 2007, including a technical professional services component of $7.1 billion. This compares to total backlog and technical professional services backlog of $10.4 billion and $5.5 billion, respectively, at December 31, 2006.



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