Market Overview

Brown & Root Industrial Services, LLC Celebrates Opening of New Southwest Texas Operations Center in Corpus Christi

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Increasing regional demand for company's full portfolio of industrial
services fast-tracks establishment of new facility

Brown
& Root Industrial Services, LLC
(Brown & Root) welcomed
customers and community leaders yesterday to the grand opening of the
company's new regional operations center in Corpus Christi, Texas.
Located on approximately 2.5 acres, the 10,000 square foot facility will
support the growing regional demand for Brown & Root's portfolio of
industrial services.

"The establishment of our new Corpus Christi location reflects our
commitment to proactively meet our customers where they need us," said
Andy Dupuy, President and Chief Executive Officer of Brown & Root.
"We've been pleased to provide a wide variety of industrial services to
our customers in the Southwest Texas region for quite some time. This
new facility reinforces our ability to maintain a high level of
responsiveness for both existing and prospective customers and further
strengthens our competitiveness in this developing market."

Brown & Root will deliver a full spectrum of engineering, construction,
maintenance, turnaround and industrial specialty services from the new
facility. Located at 7958 Leopard Street in the north end of Corpus
Christi's industrial corridor, the center features administrative
offices as well as warehouse space and a staging area for materials and
equipment. Several staff members will be housed at the location
including recruiting, human resources, safety and operations personnel.

"We appreciate the trust our customers in this region have placed in us
and look forward to supporting their future growth," said Fred A.
McManus, Chief Operating Officer. "Our new facility gives us a solid
foundation to continue delivering reliable performance to our Southwest
Texas customers and provides capacity for additional expansion."

About Brown & Root

Built on a nearly 100-year legacy of execution excellence, Brown & Root
is the most complete provider of engineering, construction, maintenance,
turnaround, and industrial specialty services to the petrochemical,
chemical, energy and power industries. The organization offers a turnkey
solution to companies looking for a reliable single-source industrial
services provider. Headquartered in Baton Rouge, LA, Brown & Root has
over 8,000 employees and is presently working at more than 150
locations. For more information, visit www.BrownandRoot.com.

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