Fluor (FLR)

Other

        As of December 31, 2008, a number of matters relating to completed and in progress projects are in the dispute resolution process. These include an Infrastructure Joint Venture Project and the London Connect Project, which are discussed above under " — Industrial & Infrastructure" and certain Embassy Projects, which are discussed above under " — Government".

Other

        As of December 31, 2008, a number of matters relating to completed and in progress projects are in the dispute resolution process. These include an Infrastructure Joint Venture Project and the London Connect Project, which are discussed above under " — Industrial & Infrastructure" and certain Embassy Projects, which are discussed above under " — Government".

Other

During 2006 and 2005, the company issued commercial paper at a discount with a weighted average effective interest rate of 5.09 percent and 2.94 percent, respectively.

F-25

FLUOR CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

In December 2004, the company filed a “shelf” registration statement for the issuance of up to $500 million of any combination of debt securities or common stock, the proceeds from which could be used for debt retirement, the funding of working capital requirements or other corporate purposes. Pursuant to the shelf registration statement, the company subsequently entered into a distribution agreement for up to 2,000,000 shares of common stock. During 2005, the company sold 758,367 shares under this distribution agreement, realizing net proceeds of $41.8 million. No shares were issued in 2006 or 2004 under this distribution agreement.