Jury Verdict in Oregon Case

  Jury Verdict in Oregon Case

Business Wire

HOUSTON -- November 05, 2012

On November 2, 2012, a jury in the U.S. District Court for the District of
Oregon issued a verdict in the Bixby et al v. KBR case involving alleged
sodium dichromate exposure in Iraq at the Qarmat Ali water treatment facility
in 2003. The jury found in favor of twelve plaintiffs on their claims, and
awarded them $10.2 million in actual damages and $75 million in punitive
damages.

This is a jury verdict, and not a final judgment in the case. The potential
KBR financial impact is unknown until a final judgment is entered by the U.S.
District Court for the District of Oregon, which may differ from the jury
verdict. Following the final judgment, KBR’s actions may include appealing the
decision, seeking to enforce KBR’s indemnity rights under the Restore Iraqi
Oil contract with the U.S. Army, and seeking reimbursement for all incurred
costs for which KBR is entitled pursuant to the contract under the Federal
Acquisition Regulations. The timing of the final judgment and ensuing KBR
actions are unknown at this time.

KBR is a global engineering, construction and services company supporting the
energy, hydrocarbon, government services, minerals, civil infrastructure,
power, industrial, and commercial markets. For more information, visit
www.kbr.com.

Contact:

KBR
Zac Nagle, 713-753-5082
Vice President, Investor Relations and Communications
investors@kbr.com
or
Marianne Gooch, 713-753-3800
Director, Corporate Communications
mediarelations@kbr.com
 
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