Shaw Announces Second Quarter Fiscal Year 2009 Earnings Conference Call and Live Webcast

BATON ROUGE, La.--(Business Wire)--
The Shaw Group Inc. (NYSE: SGR) today announced it will hold a conference call
Wednesday, April 8, 2009, at 5 p.m. Eastern time (4 p.m. Central time) to
discuss the company`s financial results for the second quarter of fiscal year
2009. Shaw will release the financial results at approximately 4 p.m. Eastern
time that same day. A slide presentation will be posted on the Investor
Relations page of Shaw`s Web site at www.shawgrp.com approximately one hour
prior to the conference call.

Interested parties may dial 800-588-4973 to listen to the conference call live
or access a live audio webcast of the call on the Investor Relations page of
Shaw's Web site at www.shawgrp.com.

A replay of the conference call will be available after the call by telephone,
as well as on the company`s Web site. To listen to the replay by telephone, dial
888-843-8996 and use pass code 24159008#.

The Shaw Group Inc. is a leading global provider of technology, engineering,
procurement, construction, maintenance, fabrication, manufacturing, consulting,
remediation and facilities management services for government and private sector
clients in the energy, chemicals, environmental, infrastructure and emergency
response markets. A Fortune 500 company with fiscal year 2008 annual revenues of
$7 billion, Shaw is headquartered in Baton Rouge, La., and employs approximately
26,000 people at its offices and operations in North America, South America,
Europe, the Middle East and the Asia-Pacific region. Shaw is the power sector
industry leader according to Engineering News-Record's list of Top 500 Design
Firms. For further information, please visit Shaw's Web site at www.shawgrp.com.

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor"
for certain forward-looking statements. The statements contained herein that are
not historical facts (including without limitation statements to the effect that
the Company or its management "believes," "expects," "anticipates," "plans" or
other similar expressions) and statements related to revenues, earnings, backlog
or other financial information or results are forward-looking statements based
on the Company`s current expectations and beliefs concerning future developments
and their potential effects on the Company. There can be no assurance that
future developments affecting the Company will be those anticipated by the
Company. These forward-looking statements involve significant risks and
uncertainties (some of which are beyond our control) and assumptions and are
subject to change based upon various factors. Should one or more of such risks
or uncertainties materialize, or should any of our assumptions prove incorrect,
actual results may vary in material respects from those projected in the
forward-looking statements. The Company undertakes no obligation to publicly
update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise. A description of some of the risks and
uncertainties that could cause actual results to differ materially from such
forward-looking statements can be found in the Company`s reports and
registration statements filed with the Securities and Exchange Commission,
including its Form 10-K and Form 10-Q reports, and on the Company`s Web site
under the heading "Forward-Looking Statements." These documents are also
available from the Securities and Exchange Commission or from the Investor
Relations department of Shaw. For more information on the company and
announcements it makes from time to time on a regional basis, visit our Web site
at www.shawgrp.com.

The Shaw Group Inc.
Financial Contact:
Chris Sammons, 225-932-2546
chris.sammons@shawgrp.com
or
Media Contact:
Gentry Brann, 225-987-7372
gentry.brann@shawgrp.com

Copyright Business Wire 2009