KBR to Perform Simulation Study for Matix Fertilizers and Chemicals in India

Houston, Texas — January 5, 2012 — KBR (NYSE: KBR) today announced that it was awarded a contract by Matix Fertilizers and Chemicals, Ltd., to perform a dynamic simulation study for the complete steam system at its grassroots Panagarh Fertilizer Complex in West Bengal, India. KBR will also deliver an Operator Training Simulator (OTS) for the Ammonia Plant system to validate the plant’s controls and safety logic design and provide initial and on-going training to operators.

For the dynamic simulation study, KBR will develop a detailed model of the Panagarh Fertilizer Complex Steam system, perform agreed cases and scenarios, and provide a final study report inclusive of all results and recommendations. This simulation will enable Matix to validate the design of critical plant systems such as auxillary boilers, letdown valves, and controls, and validate operating procedures such as start ups, turn downs, and the handling of process upsets. KBR will also deliver an OTS system for one of the largest capacity ammonia units at Matix to ensure a safe, fast, efficient start up. The OTS system will ensure best energy consumption in the ammonia process unit and supports continued profitable and sustained ammonia plant operations.

“Matix expects to provide complete training to its Ammonia operation team through OTS and appreciates efforts being made by KBR,” said PR Dhariwal, MD, Matix Group.

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