News Release

CHARLOTTE, N.C.--(BUSINESS WIRE)--Feb. 2, 2012-- The Babcock & Wilcox Company (NYSE: BWC) (“B&W” or the “Company”) expects to webcast a discussion of its fourth quarter 2011 results on Thursday, March 1, 2012 at 8:30 a.m. EST. Chief Executive Officer Brandon Bethards and Chief Financial Officer Tony Colatrella will discuss the fourth quarter results. A news release detailing the results is expected to be issued after the market closes on Wednesday, February 29, 2012.

The listen-only audio of the conference call will be broadcast live via the Internet at www.babcock.com. The dial-in number for participants in the U.S. is 888-396-2356; the dial-in number for participants outside the U.S. is 617-847-8709. The passcode for all participants is 73785895. A replay of this conference call will remain accessible in the investor relations section of the Company's website for a limited time.

About B&W

The Babcock & Wilcox Company is a leader in advanced energy technology and services, primarily for the nuclear, fossil and renewable power markets as well as a premier advanced technology and mission critical defense contractor. B&W has locations worldwide and employs approximately 12,700 people, in addition to approximately 10,400 joint venture employees. Please visit our website at www.babcock.com.

Source: The Babcock & Wilcox Company

The Babcock & Wilcox Company
Michael P. Dickerson, Vice President and Investor Relations Officer, 704-625-4944
investors@babcock.com