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Balfour Beatty Increases Donation to Pentagon Memorial to $100k

Press Release - Monday, August 18, 2008

Pentagon Memorial Fund, Inc.

August 18, 2008-(Washington, DC) - Balfour Beatty Construction today announced it was increasing its donation to the Pentagon Memorial Fund to $100,000. The increase was announced at the construction site of the Pentagon Memorial, which will be dedicated on September 11th of this year. Balfour Beatty construction is responsible for design-build direction and general contracting of the Pentagon Memorial.

“Balfour Beatty has been a tremendous partner in the construction and funding of the Pentagon Memorial,” said James J. Laychak, president of the Pentagon Memorial Fund. “We are all so grateful to the men and women of Balfour Beatty, not only for the donation we received today but also for the genuine care and meticulous attention to the details of this historic project that they have exhibited throughout entire design and construction process. We are extremely fortunate to have such a great organization like Balfour Beatty working with us to create this lasting tribute to all of the people who died at the Pentagon on 9/11.”

The Pentagon Memorial is being built on a 1.9 acre parcel of land adjacent to the Pentagon and within view of the impact zone where American Airlines Flight 77 crashed into the building during the attacks of September 11, 2001. The memorial will include 184 cantilevered benches that represent each victim who lost their life that day. The Pentagon Memorial will cost $22 million to construct as well as a $10 million lifetime endowment. The Pentagon Memorial is expected to open in September of 2008.

About the Pentagon Memorial Fund:

The Pentagon Memorial Fund is a non-profit organization established by the families of the 184 victims of the September 11, 2001 terrorist attacks in Washington, DC. The Memorial Fund's mission is to provide for the construction and permanent maintenance of the Pentagon Memorial, a beautiful park located at the grounds of the attack that will provide a place for reflection, remembrance and renewal. For more information about the Pentagon Memorial Please visit www.pentagonmemorial.org

About Balfour Beatty Construction:

Balfour Beatty Construction (formerly Centex Construction) has been a leader in the U.S. commercial construction industry for 75 years. Balfour Beatty Construction provides general contracting, at-risk construction management, design-build, preconstruction, public-private and turnkey services for clients nationwide. The company employs 1,600 professionals and has regional headquarters in four of the largest and fastest growing building markets across the country: Washington, D.C., Fort Lauderdale, Charlotte and Dallas. In the Washington, D.C., metro area, the company maintains a full-service division headquartered in Fairfax, Va., and was recognized in 2008 and 2006 by the Washington Business Journal as one of the region’s “Best Places to Work.”

Balfour Beatty Construction is a division of Balfour Beatty plc, a global leader in the commercial construction industry. Balfour Beatty plc is publicly traded on the London Stock Exchange and closed 2007 with over $15 billion in revenue. Through business units around the world, Balfour Beatty plc provides engineering and construction services for the building, rail, highway and infrastructure sectors.

 

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