Washington Group International to Hold Its Fourth Quarter and Fiscal Year End 2005 Financial Results Conference Call on March 3 and Investor Conferenc

Washington Group International, Inc. (Nasdaq: WGII) today announced that it plans to release financial results for the fourth quarter and fiscal year ended December 30, 2005, on Thursday, March 2, 2006, after the market closes. Also on March 2, the company plans to file with the Securities and Exchange Commission its annual report on Form 10-K.

The company will host an investor conference call to discuss its fourth quarter and 2005 year-end financial results on Friday, March 3, at 11 a.m. EST. Washington Group will provide a webcast of this conference call live over the Internet. The webcast will be hosted on the investor relations section of the company's website at http://www.wgint.com. Participants should allow approximately five minutes prior to the call's start time to visit the site and download any streaming media software needed to listen to the Internet webcast. An online archive of the webcast will be made available a few hours following the end of the live call.

Investor Conference

Washington Group International will host an Investor Conference on Thursday, March 9, from 9 a.m. to noon at The St. Regis Hotel, New York. Washington Group's management team will discuss company strategies and progress in the session.

Investors interested in attending the 2006 Investor Conference may RSVP by calling (208) 386-5041 or signing up online at http://www.wgint.com/conference/ir_2006.html. The company will provide a webcast of the event over the Internet on its corporate website at http://www.wgint.com. Participants should allow approximately five minutes prior to the event's start time to visit the site and download any streaming media software needed to listen to the webcast. An online archive will be made available a few hours following the end of the webcast.

Washington Group International, Inc. (http://www.wgint.com) provides the talent, innovation, and proven performance to deliver integrated engineering, construction, and management solutions for businesses and governments worldwide. With approximately 25,000 employees at work in 30 countries, the company provides professional, scientific, management, and development services in more than two dozen major markets, including power generation, transmission and distribution, and clean air solutions; environmental remediation; heavy civil construction; mining; nuclear services; defense, homeland security, and global threat reduction; industrial, chemical, and pharmaceutical processing; manufacturing; facilities operations and management; transportation; and water resources.

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which are identified by the use of forward-looking terminology such as may, will, could, should, expect, anticipate, intend, plan, estimate, or continue or the negative thereof or other variations thereof. Each forward-looking statement, including, without limitation, any financial guidance, speaks only as of the date on which it is made, and Washington Group undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. The forward-looking statements are necessarily based on assumptions and estimates of management and are inherently subject to various risks and uncertainties. Actual results may vary materially as a result of changes or developments in social, economic, business, market, legal, and regulatory circumstances or conditions, both domestically and globally, as well as due to actions by customers, clients, suppliers, business partners, or government bodies. Performance is subject to numerous factors, including demand for new power generation and for modification of existing power facilities, public sector funding, demand for extractive resources, capital spending plans of customers, and spending levels and priorities of the U.S., state and other governments. Results may also vary as a result of difficulties or delays experienced in the execution of contracts or implementation of strategic initiatives. For additional risks and uncertainties impacting the forward-looking statements contained in this news release, please see "Note Regarding Forward-Looking Information" and "Item 1. Business - Risk Factors" in Washington Group's annual report on Form 10-K for fiscal year 2004.

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