Jacobs
Engineering Group Inc. announced today that a subsidiary
company was selected by NASA to receive the 2002 George M. Low Award
in the Large Business Services category for work performed at NASA’s
Marshall Space Flight Center in Huntsville, Alabama.

Jacobs is the prime contractor at Marshall for scientific,
engineering, technical, and business services. The company’s 400
on-site personnel support space transportation systems, space systems,
the space station, microgravity research, space optics fabrication,
metrology, and the testing of spacecraft and other space systems.

NASA Deputy Administrator Fred Gregory presented the George M. Low
Award, NASA’s premier quality and performance award for contractors,
at the 17th annual NASA Continual Improvement and Reinvention
Conference on Quality Management. The award recognizes outstanding
achievement in customer satisfaction and contract technical
performance, schedule performance, cost performance, management
initiatives that respond to NASA’s strategic goals, leadership and
continuous improvement, research and development and/or innovative
technology breakthroughs, and items of special interest to NASA.

Jacobs was a finalist for the award in 2000 and 2001. The company
has won several other prestigious NASA awards for its work at
Marshall, including the Contractor Excellence Award in 2002, 2001,
2000, and 1997; the 2001 Goldin-Stokes Mentor-Protege Award for its
work with a small business subcontractor; and the 2001 NASA Software
of the Year Award.

In making the announcement, Jacobs President Craig Martin stated,
“Jacobs considers it an exceptional honor to receive NASA’s preeminent
contractor award. We are deeply grateful for this recognition of our
commitment to provide the highest quality service in support of NASA
and the Marshall Space Flight Center.”

Jacobs, with over 35,000 employees and revenues approaching $5.0
billion, provides technical, professional, and construction services
globally.

Any statements made in this release that are not based on
historical fact are forward-looking statements. Any forward-looking
statements made in this release represent management’s best judgement
as to what may occur in the future. However, Jacobs’ actual outcome
and results are not guaranteed and are subject to certain risks,
uncertainties and assumptions (“Future Factors”), and may differ
materially from what is expressed. For a description of Future Factors
that could cause actual results to differ materially from such
forward-looking statements, see the discussion under the section
“Forward-Looking Statements” included in Management’s Discussion and
Analysis filed as part of Exhibit 13 to the Company’s 2002 Annual
Report on Form 10-K.