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KBR's Annual Golf Tournament Will Once Again Benefit Local Houston Charities

HOUSTON - August 13, 2015 - KBR, Inc. (NYSE: KBR) is proud to announce the local charities that will benefit from our ninth annual "Master of the Green" charity golf tournament, one of our major charitable fundraising initiatives:

  • The American Red Cross
  • Medlife, Houston Fire Department
  • Buffalo Bayou Partnership
  • Sunshine Kids Foundation
  • St. Jude Children's Hospital
  • Susan G. Komen Race for the Cure
  • Baytown Lee College Foundation
  • Impact a Hero
  • Weekley Family YMCA

KBR is proud to contribute financially as well as through employee volunteer hours to important causes in the communities in which we live and work. Since 2007 KBR has contributed nearly $18 million dollars and provided over 87,000 employee volunteer hours to benefit charitable causes around the globe. Our charity tournament alone has raised more than $3.3 million since 2007 for local Houston-area charities, providing a significant impact in our community. Last year the tournament raised more than $560,000.

This year's tournament will benefit a diverse array of organizations across Houston, providing life-saving equipment to the Houston Fire Department and life-saving assistance to health agencies and well as supporting environmental redevelopment initiatives and education programs, including job skills training.

"We are extremely proud to continue KBR's long history of community support again this year by contributing substantial funds to these nine charitable organizations and their missions to serve causes that are near and dear to KBR and our employees and so important to our community," said Stuart Bradie, KBR President and CEO. "The tournament has been a great success in past years, and we are on track for this year's event to be even more successful in raising funds for local charities. I would like to offer my deep appreciation to all the sponsors who have already pledged their support this year."

The tournament will be held on September 16th at the Kingwood Country Club.

For more information or to sponsor, visit the KBR charity golf website or contact us via email at charitygolf@kbr.com and phone at 713-753-GOLF (4653). You can also follow us on Twitter @KBRNewsroom and Instagram @kbr.inc and search for #KBRcharitygolf.

About KBR, Inc.

KBR, Inc. is a global technology, engineering, procurement and construction company serving the hydrocarbons and government services industries, employing approximately 25,000 people worldwide with customers in more than 70 countries and operations in 40 countries across three distinct global businesses:

  • Technology & Consulting, including proprietary technology in refining, ethylene, ammonia and fertilizers, and gasification; and niche consulting and know-how through subsidiaries Granherne, Energo and GVA
  • Engineering & Construction, including Offshore Oil & Gas; Onshore Oil & Gas; LNG/GTL; Refining; Petrochemicals; Chemicals; differentiated EPC, and Industrial Services
  • Government Services, including program management and long term annuity contracts

KBR is proud to work with its customers across the globe to provide technology, value-added consulting services, integrated EPC delivery and Long Term Industrial Services to ensure consistent project delivery with predictable results. At KBR, we deliver.

Visit www.kbr.com

Forward Looking Statement

The statements in this press release that are not historical statements, including statements regarding future financial performance, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond the company's control that could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to: the outcome of and the publicity surrounding audits and investigations by domestic and foreign government agencies and legislative bodies; potential adverse proceedings by such agencies and potential adverse results and consequences from such proceedings; the scope and enforceability of the company's indemnities from its former parent; changes in capital spending by the company's customers; the company's ability to obtain contracts from existing and new customers and perform under those contracts; structural changes in the industries in which the company operates; escalating costs associated with and the performance of fixed-fee projects and the company's ability to control its cost under its contracts; claims negotiations and contract disputes with the company's customers; changes in the demand for or price of oil and/or natural gas; protection of intellectual property rights; compliance with environmental laws; changes in government regulations and regulatory requirements; compliance with laws related to income taxes; unsettled political conditions, war and the effects of terrorism; foreign operations and foreign exchange rates and controls; the development and installation of financial systems; increased competition for employees; the ability to successfully complete and integrate acquisitions; and operations of joint ventures, including joint ventures that are not controlled by the company.

KBR's most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks, and other Securities and Exchange Commission filings discuss some of the important risk factors that KBR has identified that may affect the business, results of operations and financial condition. Except as required by law, KBR undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

For further information, please contact:

Investors
Zac Nagle
Vice President, Investor Relations
713-753-5082
investors@kbr.com

Media
Marit Babin
Director, Global Communications & Government Relations
713-753-3800
mediarelations@kbr.com