Exhibit 99.1

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Contact:

URS CORPORATION                           CITIGATE SARD VERBINNEN
Kent P. Ainsworth                         Hugh Burns/Kimberly Levy/Jamie Tully
Executive Vice President                  (212) 687-8080
& Chief Financial Officer

OR

David C. Nelson
Vice President
& Corporate Treasurer
(415) 774-2700

                            URS CORPORATION ANNOUNCES
                        PROPOSED OFFERING OF SENIOR NOTES

         ---------------------------------------------------------------

      SAN FRANCISCO, CA - AUGUST 1, 2002 - URS Corporation (NYSE: URS) today
announced that it intends to offer up to $250 million of senior notes for sale
in a private placement, subject to market and other conditions. The offering
will be made only to qualified institutional buyers in accordance with Rule 144A
and in offshore transactions in reliance on Regulation S under the Securities
Act of 1933, as amended. The offering is expected to close during August 2002.

      The company intends to use the net proceeds of the offering, together with
the proceeds from a proposed $650 million senior secured credit facility, to
finance the acquisition of Lear Siegler Services, Inc. and Carlyle-EG&G Holdings
Corp. and to refinance certain indebtedness of the company, Lear Siegler
Services and Carlyle-EG&G Holdings.

      This announcement is neither an offer to sell nor a solicitation of an
offer to buy any of these securities. The securities to be offered will not be
registered under the Securities Act or applicable state securities laws and may
not be offered or sold in the United States absent registration or an applicable
exemption from the registration requirements of the Securities Act.

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      Statements contained in this press release that are not historical facts
may constitute forward-looking statements. Specifically, the statements about
the company's intention to issue senior notes and the planned use of proceeds
thereof constitute forward-looking statements. These forward-looking statements
are based on the company's beliefs and assumptions as well as information
currently available to the company. However, such forward-looking statements by
their nature involve risks and uncertainties. The company cautions that a
variety of factors, including but not limited to the following, could cause the
company's business and financial results to differ materially from those
expressed or implied in forward-looking statements: the company's highly
leveraged position, general volatility in the capital markets and the market for
debt securities, the company's ability to meet conditions to the closing of the
proposed acquisitions, the company's future operating and financial performance,
and other factors discussed more fully in the company's Annual Report on Form
10-K for the year ended October 31, 2001, and other reports subsequently filed
from time to time with the Securities and Exchange Commission. The company
assumes no obligation to update any forward-looking statements.

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