Willbros (WGRP) 8-K/A Statement of Income Data

Exhibit 99

WILLBROS GROUP, INC.

(In Thousands, Except Per Share Amounts)

March 7, 2007 Press Release—REVISED Financial Table

	Three Months Ended December 31						Year Ended December 31
	2006			2005			2006			2005
Statement of Income Data
Contract revenue
United States & Canada	$	167,941		$	111,179		$	474,045		$	269,006
International		23,138			6,773			69,214			25,473
		191,079			117,952			543,259			294,479
Contract cost
United States & Canada		150,219			98,358			429,451			242,471
International		18,650			6,341			60,043			23,601
		168,869			104,699			489,494			266,072
Contract income
United States & Canada		17,722			12,821			44,594			26,535
International		4,488			432			9,171			1,872
		22,210			13,253			53,765			28,407
Depreciation and amortization		3,236			3,143			12,430			11,688
General and administrative		20,233			12,093			53,366			42,350
Operating income (loss)		(1,259	)		(1,983	)		(12,031	)		(25,631	)
Other income (expense):
Interest—net		(2,133	)		(1,267	)		(8,265	)		(3,904	)
Other—net		465			260			569			742
		(1,668	)		(1,007	)		(7,696	)		(3,162	)
Income (loss) before income taxes		(2,927	)		(2,990	)		(19,727	)		(28,793	)
Provision (benefit) for income taxes		498			3,636			2,308			1,668
Loss from continuing operations		(3,425	)		(6,626	)		(22,035	)		(30,461	)
Loss from discontinued operations		(37,166	)		5,216			(83,402	)		(8,319	)
Net income (loss)	$	(40,591	)	$	(1,410	)	$	(105,437	)	$	(38,780	)
Basic loss per share
Continuing operations	$	(0.14	)	$	(0.32	)	$	(0.98	)	$	(1.43	)
Discontinued operations		(1.47	)		0.25			(3.72	)		(0.39	)
	$	(1.61	)	$	(0.07	)	$	(4.70	)	$	(1.82	)
Diluted loss per share
Continuing operations	$	(0.14	)	$	(0.32	)	$	(0.98	)	$	(1.43	)
Discontinued operations	$	(1.47	)	$	0.25		$	(3.72	)	$	(0.39	)
	$	(1.61	)	$	(0.07	)	$	(4.70	)	$	(1.82	)
Cash Flow Data
Continuing operations:
Cash provided by (used in):
Operating activities	$	7,288		$	(15,711	)	$	(5,429	)	$	(34,631	)
Investing activities		46,450			(4,171	)		40,804			(16,966	)
Financing activities		43,709			59,966			51,550			56,830
Foreign exchange effects		380			(458	)		139			17
Discontinued operations		(75,660	)		(14,581	)		(105,354	)		(22,484	)
Other Data (Continuing Operations)
Weighted average shares outstanding:
Basic		25,321			21,274			22,441			21,258
Diluted		25,321			21,274			22,441			21,258
EBITDA(2)	$	2,442		$	1,420		$	968		$	(13,201	)
Capital expenditures		(1,016	)		4,043			11,373			18,706
Reconciliation of Non-GAAP Financial Measure
Net loss, continuing operations	$	(3,425	)	$	(6,626	)	$	(22,035	)	$	(30,461	)
Interest—net		2,133			1,267			8,265			3,904
Income taxes		498			3,636			2,308			1,668
Depreciation and amortization		3,236			3,143			12,430			11,688
EBITDA(2)	$	2,442		$	1,420		$	968		$	(13,201	)
	12/31/2006			9/30/2006			12/31/2005
Balance Sheet Data
Cash and cash equivalents	$	37,643		$	15,476		$	55,933
Working capital		170,825			165,743			204,960
Total assets		588,254			524,596			498,885
Total debt		167,139			167,540			138,020
Stockholders’ equity		97,931			86,614			145,234
Backlog(1) Data
By Geographic Area:
Middle East	$	36,864		$	58,583		$	47,196
North America		565,408			704,439			193,177
	$	602,272		$	763,022		$	240,373
By Reporting Segment:
International	$	36,864		$	58,583		$	47,196
United States & Canada		565,408			704,439			193,177
	$	602,272		$	763,022		$	240,373
Discontinued operations
West Africa	$	406,780		$	449,280		$	564,343
Latin America		—			—			11,639
	$	406,780		$	449,280		$	575,982

(1) Backlog is anticipated contract revenue from projects or which award is either in hand or assured.

(2) EBITDA is earnings before net interest, income taxes and depreciation and amortization. EBITDA as presented may not be comparable to other similarly titled measures reported by other companies. The Company believes EBITDA is a useful measure of evaluating its financial performance because of its focus on the Company’s results from operations before net interest, income taxes, depreciation and amortization. EBITDA is not a measure of financial performance under generally accepted accounting principles. However, EBITDA is a common alternative measure of operating performance used by investors, financial analysts and rating agencies. A reconciliation of EBITDA to net income is included in the exhibit to this release.