KBR to Execute Boiler Installation and Demolition at Cameco’s Rabbit Lake Project

  KBR to Execute Boiler Installation and Demolition at Cameco’s Rabbit Lake
  Project

Business Wire

HOUSTON -- December 12, 2012

KBR (NYSE: KBR) today announced it was selected to execute boiler demolition
and construction for Cameco Corporation’s (Cameco) Rabbit Lake boiler upgrade
project. Cameco’s Rabbit Lake operation is the longest operating uranium
production facility in Canada, and the second largest uranium mill in the
world by capacity.

KBR Canada subsidiary, KBR Wabi, will perform installation and demolition of
the boilers, ancillary equipment and utilities for the project. This project
builds on KBR Wabi’s previous contract management work executed for Cameco and
complements KBR Wabi’s long-time presence in mining construction in Canada.

“This is a strategic project for KBR Wabi as we continue to expand our
extensive mining construction portfolio,” said Karl Roberts, Senior Vice
President, KBR Canada. “Cameco is a world leader in low-cost uranium
production and we’re pleased to collaborate with them and support their needs
in the growing minerals market.”

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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