Cash Transaction Now Would Be Valued at $337 Million Transaction Expected to be Accretive to URS' GAAP EPS in Fiscal 2011 SAN FRANCISCO, Jun 30, 2010 (BUSINESS WIRE) -- URS Corporation (NYSE: URS) today announced the terms of an increased offer to acquire Scott Wilson Group plc. (LSE: SWG), a U.K.-based integrated design and infrastructure engineering consultancy. Under the terms of the increased offer, which has been recommended unanimously by the Scott Wilson Board of Directors, shareholders of Scott Wilson would receive 290 pence in cash for each Scott Wilson share, which values the entire issued and to be issued share capital at approximately £223 million, or $337 million.1 The proposed acquisition with Scott Wilson would significantly expand URS' infrastructure capabilities in the United Kingdom across a range of long-term growth markets, including rail and transit, transportation infrastructure, and ports and harbors. Scott Wilson also would augment URS' global footprint in a complementary manner and accelerate the Company's international growth in other key markets such as China and India. Martin M. Koffel, Chairman and Chief Executive Officer of URS, said, "We are pleased to have reached agreement with the Scott Wilson board on an increased offer for the company. We continue to believe that the combination of URS and Scott Wilson will create a global business with the financial resources to invest in further growth for the benefit of the enlarged group's clients and employees." URS expects that the transaction would be accretive to earnings per share in fiscal year 2011 on a GAAP basis. URS continues to expect that the transaction will have no significant impact on its fiscal year 2010 results. URS will finance the increased offer from its existing cash resources. DC Advisory Partners (lead) and Citi are acting as financial advisors to URS and Cooley LLP and Ashurst LLP serves as URS' legal counsel. About URS Corporation URS Corporation (NYSE: URS) is a leading provider of engineering, construction and technical services for public agencies and private sector companies around the world. The company offers a full range of program management; planning, design and engineering; systems engineering and technical assistance; construction and construction management; operations and maintenance; and decommissioning and closure services. URS provides services for power, infrastructure, industrial and commercial, and federal projects and programs. URS Corporation has approximately 42,000 employees in a network of offices in more than 30 countries (http://www.urscorp.com). | 