JGC Corporation (TSE:1963) today announced that it will be selling its 44.94% share interest in M.W. Kellogg Limited (MWKL) to KBR (NYSE: KBR). MWKL is a UK-based affiliate of both companies. Following the transaction, MWKL will become a wholly-owned subsidiary of KBR. The transaction is expected to be finalized in January 2011.

KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power and industrial markets. For more information, visit www.kbr.com.

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