Fluor Corporation (NYSE: FLR) announced that the conversion rate under
its outstanding 1.5 percent Convertible Senior Notes due 2024 has been
adjusted to 35.910 from 17.875, effective June 17, 2008, subject to
further adjustment as provided in the governing indenture. The
adjustment has been made pursuant to the terms of the indenture as a
result of the company’s two-for-one stock
split announced May 7, 2008, and the recognition of postponed
adjustments relating to cash dividends paid since the first quarter of
2006, which adjustments were carried forward as permitted under the
indenture.
Fluor Corporation (NYSE: FLR) provides services on a global basis in the
fields of engineering, procurement, construction, operations,
maintenance and project management. Headquartered in Irving, Texas,
Fluor is a FORTUNE 500 company with revenues of $16.7 billion in 2007.
For more information, visit www.fluor.com.
FLRF
Fluor Corporation
Media Relations:
Keith Stephens, 469-398-7624
or
Brian
Mershon, 469-398-7621
or
Investor Relations:
Ken
Lockwood, 469-398-7220
or
Jason Landkamer, 469-398-7222
