Flint Energy Announces Planned Redemption of 7.5% Senior Notes Due 2019

Flint Energy Services Ltd., a wholly owned subsidiary of URS Corporation

, today announced that it will redeem all of its outstanding 7.5% Senior Notes due 2019. The redemption of the Senior Notes will be made pursuant to section 3.7(a) of the Indenture dated June 8, 2011, as amended. The Indenture calls for payment of principal, an Applicable Premium (as defined in the Indenture), plus all accrued and unpaid interest as of the redemption date. The outstanding principal amount of the Senior Notes is CAD 174.9 million. The redemption date is expected to be in early December 2013. Following the redemption date, Flint Energy Services Ltd. intends to make application to the securities regulatory authorities in each of the provinces of Canada for a decision that it be deemed to have ceased to be a reporting issuer in such jurisdictions. Flint Energy Services Ltd. is a wholly owned subsidiary of URS Corporation

, a leading provider of engineering, construction and technical services for public agencies and private sector companies around the world. URS Corporation offers a full range of program management; planning, design and engineering; systems engineering and technical assistance; construction and construction management; operations and maintenance; information technology; and decommissioning and closure services. URS provides services for federal, oil and gas, infrastructure, power, and industrial projects and programs. Headquartered in San Francisco, URS Corporation has more than 50,000 employees in a network of offices in nearly 50 countries (www.urs.com).