SAN FRANCISCO, CA - November 4, 2005 - URS Corporation (NYSE: URS) today announced that Richard C. Blum, a director since 1975, has resigned from the URS Board of Directors after 30 years of distinguished service. Mr. Blum is Chairman and Founder of Blum Capital Partners, L.P.
Martin M. Koffel, Chairman and Chief Executive Officer of URS, said: "On behalf of the entire Board, I want to thank Mr. Blum for his invaluable contributions to URS over three decades. Mr. Blum has been a strong voice on our Board. Along the way, his strategic advice, business ethics and personal integrity, and his support as a major shareholder have contributed to our growth from a small, regional engineering firm into one of the largest engineering design firms in the world, with annual revenues of over $3 billion, approximately 28,000 employees and a market capitalization of $2 billion."
Over the years, Mr. Blum has played a significant role in the company's growth. His financial support, for example, was instrumental in URS' 1999 acquisition of the Dames & Moore Group.
"I am pleased to have contributed to URS' growth over the years and I am confident that the Company has built a solid foundation for continued success," said Richard C. Blum.
URS Corporation offers a comprehensive range of professional planning and design, systems engineering and technical assistance, program and construction management, and operations and maintenance services for transportation, commercial/industrial, facilities, environmental, water/wastewater, homeland security, installations and logistics, and defense systems. Headquartered in San Francisco, the Company operates in more than 20 countries with approximately 28,000 employees providing engineering and technical services to federal, state and local governmental agencies as well as private clients in the chemical, pharmaceutical, oil and gas, power, manufacturing, mining and forest products industries (www.urscorp.com).
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