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KBR Announces Completion of Restatement

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Houston, Texas - May 30, 2014 - KBR Inc. (NYSE: KBR) today announced that it has completed the previously announced restatement of its Consolidated Financial Statements as of and for the year ended December 31, 2013. KBR is also amending its unaudited condensed consolidated financial statements as of September 30, 2013, and its unaudited quarterly data for the quarter ended December 31, 2013, within the Form 10-K/A.
The Form 10-K/A filed this date should be read in conjunction with our other filings with the SEC. For more information about the restatement and the related disclosure controls and procedures matters, please see KBR's Current Report on Form 8-K (Items 2.04, 4.02 and 9.01) filed on May 5, 2014.
As soon as practicable, the Company will file its financial results for the quarter ended March 31, 2014.About KBR
KBR is a global engineering, construction and services company supporting the energy, hydrocarbons, power, industrial, civil infrastructure, minerals, government services and commercial markets. For more information, visit www.kbr.com.Forward Looking Statement
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.CONTACT:
Zac Nagle
Vice President,
Investor Relations and Communications
713-753-5082
investors@kbr.com
or
Rick Goins
Director, Corporate Communications
713-753-3800
mediarelations@kbr.com

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