Codelco Awards Jacobs a Contract for Chuquicamata Mine Project

Project to Focus on Safety and Sustainability

DALLAS--()--Jacobs Engineering Group Inc. (NYSE:JEC) has received a contract from Codelco to provide engineering, procurement and field support services for the overhaul of acid plants at the Chuquicamata Mine in northern Chile. Chuquicamata, an open pit copper mine, is one of the oldest and largest in the world. The services will improve the mine’s safety and sustainability. Jacobs’ scope of services includes modifications to existing facilities to support the operation of two new double contact/double absorption acid plants.

“We have a long history of providing support to Codelco and by utilizing our global experience and broad capabilities in mining we look forward to extending the life of Chuquicamata.”

“This award will help Codelco become safer and more sustainable, benefiting not only the company but also Chile and its people,” said Jacobs Senior Vice President Mining, Minerals and Specialty Chemicals Andrew Berryman. “We have a long history of providing support to Codelco and by utilizing our global experience and broad capabilities in mining we look forward to extending the life of Chuquicamata.”

The project is scheduled for completion in December of 2018.

Jacobs is one of the world’s largest and most diverse providers of full-spectrum technical, professional and construction services for industrial, commercial and government organizations globally. The company employs over 54,000 people and operates in more than 25 countries around the world. For more information, visit www.jacobs.com.

Statements made in this release that are not based on historical fact are forward-looking statements. We base these forward-looking statements on management’s current estimates and expectations as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements. For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our Form 10-K for the year ended September 30, 2016, and in particular the discussions contained under Items 1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations. We do not undertake to update any forward-looking statements made herein.

Contacts

Jacobs Engineering Group Inc.
Salim Rahimi, 214-583-8428

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