Black & Veatch announces executive leadership changes

Overland Park, KS, October 11, 2005 — Black & Veatch Corp. announced that Dean Oskvig, chief operating officer of B&V Energy, the company’s global Energy business, will become president and CEO of B&V Energy effective January 1, 2006.

B&V Energy, which provides engineering, technology, consulting and construction solutions in the power generation, power delivery and hydrocarbon process industries, is the company’s largest business.

Oskvig, who joined the company in 1975, has held several executive leadership roles at Black & Veatch, including President of Power Delivery, and his current role as COO of B&V Energy.

“Dean is a strong leader who has been influential in developing global business strategies that have helped guide our businesses to profitable growth,” said Len C. Rodman, Chairman, president and CEO of Black & Veatch.

In a related action, the company’s board of directors selected three senior executives to serve as executive directors on the board: Karen Daniel, chief financial officer; Dan McCarthy, president and CEO of B&V Water; and Dean Oskvig. Their nominations will be presented for approval at the company’s annual stockholders meeting in April 2006. Daniel joined Black & Veatch in 1992 and McCarthy in 1976.

Ron Wood, the current president and CEO of B&V Energy and member of the company’s board of directors, will retire from the company in February 2006. With his retirement, Wood will also leave his role on the board.

“We are grateful to Ron for his executive leadership and contributions at Black & Veatch over the past 41 years,” said Rodman.

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