KBR Dividend Declaration

Houston, Texas - May 6, 2008 - KBR (NYSE:KBR) announced today that its board of directors has declared a quarterly cash dividend of five cents ($0.05) per share on the company's common stock, payable July 15, 2008, to shareholders of record at the close of business on June 13, 2008.

KBR is a global engineering, construction and services company supporting the energy, petrochemicals, government services and civil infrastructure sectors. The company offers a wide range of services through its Downstream, Government and Infrastructure, Services, Technology, Upstream, and Ventures business segments. For more information, visit www.kbr.com.

CONTACT:
KBR, Houston
Director, Investor Relations
Rob Kukla, Jr., 713-753-5082
investors@kbr.com
or
Director, Communications
Heather Browne, 713-753-3775
heather.browne@kbr.com