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2003 Press Releases
FOR IMMEDIATE RELEASE: November 10, 2003

KBR FORMS CANADIAN ALLIANCE WITH EASTPOINT ENGINEERING

NOVA SCOTIA - KBR's Production Services group and EastPoint Engineering have formed a strategic alliance in Halifax, Nova Scotia. The alliance, in the form of a project teaming agreement, formalizes the two companies' commitment to working together to pursue upstream petrochemical opportunities in Atlantic Canada. KBR is the engineering and construction subsidiary of Halliburton (NYSE:HAL). EastPoint Engineering is an employee- owned, Halifax-based, engineering and construction management company.

Production Services and Eastpoint are leaders in their respective markets and have a shared commitment to excellence in the pursuit of Health, Safety and Environment (HS&E) performance. Both also share a commitment to successfully develop their business through delivery of quality engineering and construction based on the delivery of best value to their clients.

While both companies will provide experienced and competent personnel who will work as an integrated team, EastPoint Engineering will operate as a sub-contractor to KBR.

Eastpoint Engineering brings significant local knowledge and expertise to the alliance. All work carried out under the agreement will be performed within the confines of KBR's Production Services Management System - a comprehensive and fully-integrated management system which incorporates business, quality and HS&E management, providing a high level of assurance to our existing and potential customers.

KBR is already established in the EastPoint Halifax offices and plans to introduce their well-established graduate development and training program to the alliance team in Nova Scotia.

Commenting on the alliance, John Bachynski, president of EastPoint Engineering said, "KBR is the world leader in offshore engineering and in Nova Scotia we have demonstrated a unique local capability that has addressed a number of very significant engineering and construction challenges. This strategic relationship will provide significant technology transfer for the offshore industry to EastPoint Engineering and other local construction and engineering companies throughout Atlantic Canada."

Lindsay Young, KBR Production Services Business Manager, said, "We look forward to a long and successful relationship with EastPoint whose commitments to HS&E, engineering and construction are fully aligned with our own. We recognize in the EastPoint team the passion for excellence that the offshore industry demands."

KBR's Production Services group is a leading global onshore and offshore contracting organization with a world-wide reputation for providing highly skilled project management, engineering, maintenance and construction services to the oil, gas and process industries.

KBR provides global engineering, procurement, construction, logistics, operation and maintenance, program management and other technical services. Whether designing a chemical plant; serving as a defense industry contractor; or providing small capital construction, KBR delivers world class service and performance.

Founded in 1919, Halliburton is one of the world's largest providers of products and services to the petroleum and energy industries. The company serves its customers with a broad range of products and services through its Energy Services Group and Engineering and Construction business segments. The company's World Wide Web can be accessed at www.halliburton.com.

Contact
Sarah Houston
sarah.houston@halliburton.com
KBR
Public Relations
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