Fluor Corporation's board of directors has approved a two-for-one stock split. The stock split will be effected in the form of a stock dividend of one additional share of the company’s common stock for each share held by shareholders of record at the close of business on June 16, 2008. The additional shares will be distributed on July 16, 2008. As of April 30, 2008 there were 88,702,644 shares of common stock outstanding.

The Board also declared a quarterly cash dividend of $0.25 per share on the company's common stock, payable July 2, 2008, to shareholders of record on June 6, 2008. This dividend will be paid on shares outstanding before the aforementioned stock split.

Fluor Corporation (NYSE: FLR) provides services on a global basis in the fields of engineering, procurement, construction, operations, maintenance and project management. Headquartered in Irving, Texas, Fluor is a FORTUNE 500 company with revenues of $16.7 billion in 2007. For more information, visit www.fluor.com.