CH2M HILL Finalizes Acquisition of Texas-Based Goldston Engineering

DENVER, CO -- (MARKET WIRE) -- Mar 05, 2008 -- CH2M HILL, a global full-service engineering, construction and operations firm, announced today that it has completed the acquisition of Texas-based Goldston Engineering, Inc. Goldston, with offices in Houston and Corpus Christi, is a technology driven consulting engineering company providing marine, coastal, municipal, and transportation engineering services.

"Goldston Engineering has a long and distinguished engineering background in the State of Texas," said Michael D. Kennedy, president of CH2M HILL's Transportation Business Group. "Goldston Engineering's exceptional reputation and project portfolio will certainly enhance CH2M HILL's transportation opportunities in Texas and throughout the United States."

Goldston was founded in 1949 and has provided high quality engineering solutions to marine, bridge and municipal related engineering projects. The company's heritage of state-of-the-art and high quality services resulted in substantial opportunities for repeat business.

"The entire Goldston team is delighted to join CH2M HILL," said William F. Goldston, P.E., the firm's president. "Our standards for quality, integrity, reliability, and client service mirror those of CH2M HILL and our cultures are closely aligned. We think this acquisition is going to be very beneficial for both organizations."

Goldston Engineering provides innovative and cost effective engineering solutions for projects in both the public and private sectors. Its engineering expertise includes civil, structural, coastal, geotechnical engineering and surveying.

Headquartered in Denver, Colo., employee-owned CH2M HILL is a global leader in engineering, procurement, construction and operations for government, civil, industrial and energy clients. With more than $5 billion in revenue and 24,000 employees, CH2M HILL is an industry-leading program management, construction management and design firm, as ranked by Engineering News-Record (2007). The firm's work is concentrated in the areas of energy, water, transportation, environment, nuclear and industrial facilities. The firm has long been recognized as a most-admired company and leading employer, including being named by FORTUNE as one of the 100 Best Companies to Work For and one of America's Most Admired Company (2008). Visit www.ch2mhill.com.

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CH2M HILL Contact:
John Corsi
Phone: 720-286-2087
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