CB&I Declares Interim Common Stock Dividend

  CB&I Declares Interim Common Stock Dividend

Business Wire

THE WOODLANDS, Texas -- February 22, 2013

CB&I (NYSE: CBI) has declared an interim dividend on common stock of $0.05 per
share, payable March 28, 2013 to shareholders of record as of March 18, 2013.

About CB&I

CB&I (NYSE: CBI) is the most complete energy infrastructure focused company in
the world and a major provider of government services. Drawing upon more than
a century of experience and the expertise of approximately 50,000 employees,
CB&I provides reliable solutions while maintaining a relentless focus on
safety and an uncompromising standard of quality. For more information visit
www.CBI.com.

Important Information For Investors And Shareholders

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements regarding CB&I and
represents our expectations and beliefs concerning future events. These
forward-looking statements are intended to be covered by the safe harbor for
forward-looking statements provided by the Private Securities Litigation
Reform Act of 1995. Forward-looking statements involve known and unknown risks
and uncertainties. When considering any statements that are predictive in
nature, depend upon or refer to future events or conditions, or use or contain
words, terms, phrases, or expressions such as “achieve”, “forecast”, “plan”,
“propose”, “strategy”, “envision”, “hope”, “will”, “continue”, “potential”,
“expect”, “believe”, “anticipate”, “project”, “estimate”, “predict”, “intend”,
“should”, “could”, “may”, “might”, or similar forward-looking statements, we
refer you to the cautionary statements concerning risk factors and
“Forward-Looking Statements” described under “Risk Factors” in Item 1A of our
Annual Report filed on Form 10-K filed with the SEC for the year ended
December 31, 2011, and any updates to those risk factors or “Forward-Looking
Statements” included in our subsequent Quarterly Reports on Form 10-Q filed
with the SEC, and in our Form S-4 filed with the SEC on November 20, 2013,
which cautionary statements are incorporated herein by reference.

Contact:

CB&I
Christi Thoms, +1 832-513-1200 (Investors)
www.CBI.com (Media)