Bechtel National,
joined by BWX Technologies Inc.Bechtel.
BWX Technologies, Inc.S.bwxt . and Canadian businesses,
including the former Household businesses, and has assets approaching $300
billion.

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"Through this new management structure, Bechtel National, with its
substantial experience throughout the DOE and NNSA complex, will implement the
necessary changes, policies and procedures to support world-class science at
LANL," Bechtel National President Thomas Hash said.

A supplier of nuclear products and
services to the U.
For more news and information about BWX Technologies, Inc.
Since the summer of 2002, HSBC has employed 29 interns -- 10 from UNCF
member institutions, 10 from non-UNCF historically black colleges and
universities (HBCUs) and nine from majority institutions.S.

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BNI is also a partner in management of NNSA's Y-12 National
Security Complex in Tennessee and the Pantex Plant in Texas, as well as the
Savannah River Site in South Carolina .
The HSBC/UNCF Corporate Scholars Program is a four-year initiative that
supports 18 outstanding minority, full-time students who attend undergraduate
and graduate educational institutions, majoring in accounting, business,
computer science/MIS, economics, finance, human resources, marketing and
mathematics. UNCF administers
nearly 450 programs, including scholarship, internship and fellowship
programs, mentoring, summer enrichment, and curriculum and faculty development
programs. For more information, visit
http://www.

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"Operations run in a safe
and secure manner will ensure that the premier science and technology that has
come from this lab for the past 60 years will continue. Secretary of Energy Spencer
Abraham announced that the DOE would compete the management and operations
contract for Los Alamos National Laboratory. In addition, UC has 358 members in the National Academy of Sciences , and
UC affiliated researchers have received 48 Medals of Science since Congress
created the award in 1959. is supporting national security and U.

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Bechtel National provides world-class program and project management,
facilities management, safety and environmental management, and robust
government business systems. The agreement with these institutions solidifies the role of New
Mexico universities as part of a bid to compete for the LANL contract. intelligence and defense
efforts, developing new technologies to fight terrorism, monitoring the
consequences of terrorist acts, designing emergency response programs, and
training both military and civilian responders nationwide.

WASHINGTON GROUP INTERNATIONAL
Washington Group International, with headquarters in Boise, ID, provides
the talent, innovation, and proven performance to deliver integrated
engineering, construction , and management solutions for businesses and
governments worldwide.

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For more news and information about the University of California:
http://www.S. Additionally, BNI
has broad capabilities and extensive experience in the management of complex,
multisite, environmental programs, including environmental cleanup projects at
several DOE sites in the United States.

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, The University of California and a
Bechtel-led industrial team announced an historic agreement today (Wednesday)
to prepare for the Department of Energy competition to manage the Los Alamos
National Laboratory in New Mexico.
"The university recognized it needed to make major changes in how it
manages LANL, and bringing in industrial partners with the skill sets of
Bechtel National, Washington Group, and BWXT will accomplish this," Dynes
added., The United Negro College Fund (UNCF)
today announced a $1. The primary goals of the program are to reduce the financial
barriers for participating students with high academic promise and significant
financial need, and to increase the representation of minorities in eligible
fields. Financial
products and services are offered under the HSBC, HFC and Beneficial brands . WASHINGTON, NASA's Science Mission Directorate,
Solar System Division, Washington, selected several California institutions
for grants to support the agency's Cosmochemistry Research Program .

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BACKGROUND ON THE COMPETITION PROCESS
Los Alamos National Laboratory -- The contract to manage LANL expires
Sept. The deadline for submission of bids
is expected to be 90 days after the release of the final RFP. Bechtel National,
Inc.
For more news and information about Washington Group International:
http://www.wgint.

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University of California and Bechtel Announce Agreement to Prepare for Los Alamos National Laboratory Competition

UNIVERSITY OF CALIFORNIA
The University of California, chartered in 1868, is a system of 10
campuses with a mission of teaching , research and public service. UC manages three national laboratories on behalf of
the Department of Energy.8 billion, while Lawrence Berkeley National Laboratory
has approximately 4,000 employees and an annual budget of nearly $500 million.S. Two of the UNCF
scholars were hired full-time after completing their undergraduate studies.

Home pages of organisations and University departments.

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For more news and information about Bechtel National, Inc. The company's businesses serve more than 60 million customers in five
key areas: personal financial services, consumer finance, commercial banking,
private banking, and corporate investment banking and markets.

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, and Washington Group International , brings a
best-in-class business management and industrial operations lineup to Los
Alamos National Laboratory (LANL). Responsible for the operations of the Pantex Plant in
Texas and Y-12 National Security Complex in Tennessee, along with nuclear
operations at the Idaho National Laboratory, BWXT has a long history in
nuclear manufacturing and operations, both in the Department of Energy (DOE )
and at its unique, highly secure, privately owned and operated nuclear
manufacturing and laboratory facilities."
"HSBC - North America is proud of our partnership with UNCF," said HSBC -
North America Holdings CEO Bobby Mehta. UNCF institutions and
other historically black colleges and universities are highly effective,
awarding 25% of African American baccalaureate degrees.

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As premier managers of complex, high-consequence
nuclear and national security operations, BWXT and Washington Group will
ensure safe and secure, effective and efficient nuclear facilities operations.
UNCF President and CEO, Dr.
The research also supports the Vision for Space Exploration, NASA's long-
term plan to return astronauts to the moon and extend exploration to Mars and
beyond.

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"
In a joint statement, BWXT President and COO John Fees and President of
Washington Group Energy and Environment Preston Rahe said, "As we improve
operations -- including safeguards and security, nuclear operations , and
environment, safety, and health -- we believe the university will be able to
take the science and technology, as well as national security programs at the
laboratory to the next level of performance .com

BWX TECHNOLOGIES, INC. "This initiative underscores our
global commitment to expanding access to higher education and, importantly,
will further strengthen the educational opportunities of tomorrow's leaders.hsbcusa. Today, UNCF supports more than 65,000 students at over 900 colleges
and universities across the country.
The program also covers cosmochemical studies concerned with the formation and
chemical development of the solar system.

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OAKLAND, Calif.S. According to
DOE , a source evaluation board made up of DOE technical and business experts
will review the proposals submitted and provide recommendations to the source
selection official.
The original partnership provided UNCF with more than $1 million; and in 2004,
HSBC employees raised an additional $286,848 through a workplace giving
campaign, making the corporation one of UNCF's largest contributors.com .

NASA Awards California Science Grants

Institutions and maximum grant value:

- University of California, Berkeley: $840,000
- NASA's Ames Research Center, Moffet Field: $339,000
- California Institute of Technology, Pasadena: $144,000
- University of California, Los Angeles: $3,157,000
- University of California, San Diego: $180,000

For information about NASA and agency programs on the Web, visit:

http://www.nasa.

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"This new management team builds on the
strengths of each organization and applies them to the important national
security work at the lab. The draft RFP was amended on Feb. 18 and April 5, 2005.edu

BECHTEL
Bechtel is a global engineering, construction and project management
company with more than a century of experience mastering complex projects in
challenging locations.:
http: //www.org .
The program supports research to conduct laboratory studies of a variety
of extraterrestrial materials such as meteorites, cosmic dust, and lunar
samples, which are cosmochemical in nature.

gov/home

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Today, Lawrence Livermore and Los Alamos national
laboratories each employ more then 8,000 UC staff and have combined annual
budgets exceeding $3. government and commercial clients for over 50 years, BWXT
has unparalleled experience in nuclear safeguards and security and has been
recognized as a model by the DOE. A contractor for the U.
UNCF greatly appreciates the opportunity to collaborate with corporations such
as HSBC, to empower deserving young men and women through higher education.
For more information, visit: http://www.

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With a proven track record of excellence in science and technology, the
University of California (UC) has 60 years of experience in leading the
nation's nuclear weapons research and development programs.universityofcalifornia. Privately owned, with headquarters in San Francisco,
the company has 40,000 employees working in 50 countries . Among its Department of Defense
contracts, BNI manages the Kwajalein missile range and supports non-
proliferation efforts in the former Soviet Union for the Defense Threat
Reduction Agency .com/
BWXT Public Relations: 1-434-522-5076 / 1-434-522-5158.

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Together, the UC-Bechtel led team will combine unparalleled scientific
achievement with efficient business management, while ensuring safe, secure
and effective nuclear facilities operations. A
final RFP is expected in the near future.
The university was recently awarded a five-year contract from DOE to continue
management of Lawrence Berkeley National Laboratory.
BNI's national security work includes managing and operating the Nevada
Test Site and its affiliated facilities for the National Nuclear Security
Administration . (BWXT), headquartered in Lynchburg, VA, is the
nation's premier manager of complex, high-consequence nuclear and national
security operations.: http://www. Washington Group also is involved
in closure contracts at the Weldon Spring Remedial Action Project, Miamisburg
Closure Project, Rocky Flats Environmental Technology Site and the recently
awarded Hanford River Closure and Idaho Cleanup Project, as well as technical
support and consulting projects at Los Alamos, Lawrence Livermore and Sandia
national laboratories, DOE's Hanford Site, Pantex Plant and Oak Ridge complex. FAIRFAX, Va.2 million grant from HSBC - North America to renew the
HSBC/UNCF Corporate Scholars Program, providing scholarship and internship
opportunities for minority students.

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"
In late March, UC announced it would also partner with a consortium of New
Mexico institutions to form the Advanced Studies Institute at Los Alamos
National Laboratory. 1, 2004, the DOE's
National Nuclear Security Administration released the draft request for
proposals (RFP).

sciences institutions

Going forward, this partnership
will provide Los Alamos National Laboratory with strong management that
delivers superb quality, accountability and dedication, demonstrated by
experience, to both management and scientific operations. This partnership
allows strong management to be in place, ensuring that critical science and
technology remains the underpinning of the laboratory's mission. On April 30, 2003, then-U. The laboratories contribute to the
country's economic competitiveness through research partnerships with industry
and engage in math and science education for students and teachers at all
levels. Department of Energy and its
predecessor agencies since the Manhattan Project, Washington Group is a leader
in providing safe , disciplined operations, risk management and comprehensive
environmental services for its customers .

HSBC - North America Announces Renewal of Partnership With the United Negro College Fund

As the nation's oldest and most successful minority higher education
assistance organization, the United Negro College Fund's mission is to provide
financial support to its 39 member institutions and increase minority degree
attainment by reducing financial barriers to college.

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Dynes. Forty-nine researchers affiliated with
UC have been awarded Nobel Prizes; 16 of the Nobel Prizes have been won since
1995.
The national laboratories are major sources of scientific and technical
strength for the nation in fields ranging from national security, to basic
physics, biotechnology, climate studies, computer development, materials
science, energy, and the environment. With more than 11 ,000 employees nationwide,
BWXT manages complex, high-consequence nuclear and national security
production facilities and is a principal supplier of nuclear components and
advanced energy products, delivering both value and customer confidence. Its long history of successful DOE
operations continues today with: management and operation contracts at the
Savannah River Site, the Waste Isolation Pilot Plant , the West Valley
Demonstration Project and its partnership in the Battelle Energy Alliance for
operation of the Idaho National Laboratory.

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While UC continues to prepare for the competition, the university 's final
decision regarding participation will be made by the UC Board of Regents
following the release of the final request for proposals. On Dec. UC has five medical schools, three law schools, and the nation's
largest continuing education program. Michael Lomax believes "HSBC's commitment to
higher education in the African American community will have a great impact on
the organization 's goal to increase degree attainment among minority students.

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BNI's portfolio also includes over 15 years of government
laboratory management and support experience."
HSBC - North America includes all of HSBC's U.uncf.

Contact: Ayanna Canty
UNCF
(703 ) 205-3510

Rahsaan Johnson
HSBC - North America
Manager, Public Affairs
(847) 564-7946

It also supports research aimed
toward understanding the geochemical nature of the solar system's bodies, such
as planets, Earth 's moon, satellites of the outer planets, and small bodies.

oldest undergraduate

"This agreement brings together the expertise of the largest public
research institution in the world with a seasoned team of contractors , led by
Bechtel, to put in place a strong management and operations team that will
ensure the continued excellence of the laboratory's scientific mission," said
UC President Robert C. These institutions include the University of New Mexico,
New Mexico State University and New Mexico Institute for Mining and
Technology. 30, 2005. With 208,000
undergraduate and graduate students, UC is the world's premier public
university.com

undergraduate ucl

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