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May 1, 2008

Balfour Beatty Infrastructure Joins Peers to Launch Industry
Ethics Initiative

(WASHINGTON, D.C.) - Balfour Beatty Infrastructure, Inc., an industry-leading civil engineering contractor, is part of a new 13-company initiative aimed at establishing high ethical standards and legal compliance in the industry. The member companies all serve public and private construction needs.

The group has adopted a charter in which each member subscribes to a set of principles based on ethics, high-level transparency, open competition and conflict-of-interest avoidance.

"Balfour Beatty Infrastructure, Inc. has always operated under the strictest ethical guidelines," said Jim Moynihan, president and CEO of Balfour Beatty Infrastructure, Inc. "We want to be examples in the industry. Our participation in this initiative will help us encourage other companies to follow our lead."

Balfour Beatty Infrastructure's sister company in Dallas, Balfour Beatty Construction LLC, is also a member of the initiative. The group will advance the principles of its charter by sharing best practices, offering training and encouraging public accountability.

The other founding members are Austin Industries, Inc. (Dallas); Clark Construction Group, LLC (Bethesda, Md.); Granite Construction, Inc. (Watsonville, Calif.); Kenny Construction Co. (Northbrook, Ill.); Kiewit Corp. (Omaha, Neb.) The Lane Construction Corp. (Cheshire, Conn.); Lusardi Construction Co. (San Marcos, Calif.); Suffolk Construction Co., Inc. (Boston); Sundt Construction, Inc. (Tempe, Ariz.); Traylor Bros., Inc. (Evansville, Ind.); The Walsh Group (Chicago); and Zachry Construction Corp. (San Antonio).

The group elected William G. Dorey, president and CEO of Granite Construction, Inc. as chairman of the initiative's steering committee. Richard J. Bednar, an attorney in Washington, D.C., was named interim coordinator.

Balfour Beatty Infrastructure, Inc. delivers industry-leading civil engineering and construction expertise for transportation and water infrastructure projects throughout the United States. With more than 1,000 employees in major operations in California, the Carolinas, Florida, Georgia and Texas, Balfour Beatty Infrastructure boasts annual revenues of more than $400 million. An award-winning contractor, Balfour Beatty Infrastructure recently received the AGC of America's 2008 Marvin M. Black Excellence in Partnering Award and is recognized by Engineering News-Record as one of the "Top 20 Transportation Contractors" and "Top 50 Domestic Heavy Contractors" for 2009. Balfour Beatty Infrastructure is part of Balfour Beatty plc, a global engineering, construction, services and investment business organization specializing in large infrastructure and building programs.

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