Rudolph and Sletten Selected to Complete Preconstruction Services for Stanford Concert Hall

Business Wire, June 26, 2008

PALO ALTO, Calif. -- Rudolph and Sletten, Inc. announced today that it has been awarded the contract for preconstruction services for the new Stanford Concert Hall at Stanford University. Construction of the world-class concert hall will begin in December 2009 and will be completed in the spring of 2012.

The 900-seat facility, which is located across Palm Drive from the Cantor Arts Center, is being designed by Polshek Partnership Architects, with Nagata Acoustics Inc. and Fisher Dachs Associates, theater planners. The Stanford Concert Hall was made possible by a lead gift from Helen and Peter Bing, '55.

"What we are designing and planning to build will be a world class facility on par with the top concert halls in the world," said Doug Collins, Project Executive with Rudolph and Sletten. "The design and construction team was chosen by Stanford University specifically to deliver a world class product."

The concert hall is being designed to be an acoustically exceptional hall that will be well suited for a range of music groups, including chamber, jazz, orchestral, multimedia, concert opera, and choral programs.

The two-story, 90,000 square foot facility is being built with curved walls and surfaces which promote acoustical quality, and require special expertise for fabrication. The hall will also be constructed as a building within a building to isolate the structure from outside acoustic interference.

Rudolph and Sletten has completed over 40 projects at Stanford University, including the Iris and B. Gerald Cantor Center for the Visual Arts. Rudolph and Sletten has also constructed a number of performing arts venues, including the Donald and Maureen Green Music Center at Sonoma State University and the Community School of Music and the Arts (CSMA) in Mountain View. Rudolph and Sletten also served as the construction manager for the historic Fox Theatre in San Jose, new home to Opera San Jose.

About Rudolph and Sletten, Inc.

Rudolph and Sletten, Inc. (www.rsconstruction.com) is one of the leading general contracting firms on the West Coast. Rudolph and Sletten is a wholly owned subsidiary of Perini Corporation (NYSE:PCR), the country's ninth largest construction services company. As a pace setter in the construction industry, Rudolph and Sletten has provided quality-oriented general contracting and construction management services for four decades. Rudolph and Sletten's expert professionals manage each job comprehensively, from site selection and preconstruction services through project completion. With its corporate headquarters in Redwood City, the company also has regional offices in Roseville, Irvine, and San Diego, California.

Rudolph and Sletten's building expertise includes virtually all types of projects with an emphasis on those markets where their technical expertise and quality excel: biotechnology and pharmaceutical research and manufacturing; electronics; nanotechnology; health care; and high-tech research. Other areas of expertise include corporate campuses and office buildings, hotels and entertainment, educational institutions, housing, and retail facilities. Rudolph and Sletten's current clients include Hewlett-Packard, Genentech, Kaiser Permanente, Stanford University, the Monterey Bay Aquarium, Chiron, eBay, and the University of California.

About Perini Corporation

Perini Corporation (NYSE:PCR) is a leading construction services company offering diversified general contracting, construction management, and design-build services to private clients and public agencies throughout the world. Perini has provided construction services since 1894 and has established a strong reputation within their markets by executing large complex projects on time and within budget, while adhering to strict quality control measures.

Perini Corporation (www.perini.com) offers general contracting, pre-construction planning, and comprehensive project management services, including the planning and scheduling of the manpower, equipment, materials, and subcontractors required for a project. Perini also offers self-performed construction services including site work, concrete forming, and placement and steel erection. They are known for their hospitality and gaming industry projects, sports and entertainment, educational, transportation, healthcare, biotech, pharmaceutical, and high-tech facilities, as well as large and complex civil construction projects and construction management services to U.S. military and government agencies.