PCR Perini Cp

Perini Corporation (NYSE: PCR) announced today that for the second consecutive year it was ranked first among "Top 100" Massachusetts-based publicly traded companies by the Boston Globe in its annual "Globe 100" listing released today. Perini is only the second company to receive the Globe�s first-place ranking two years in a row. In February, Perini announced record 2007 revenues of $4.6 billion, a 52% increase over 2006 and record net income of $97.1 million, a 134% increase over 2006. In the Globe, Perini was ranked first in overall performance. The overall ranking was determined by comparing 2006 financial data with corresponding 2007 data in four specific categories. Robert Band, President and Chief Operating Officer, said: �We are proud to receive the Globe�s top ranking for the second consecutive year. This ranking is a testament to the hard work and dedication of our employees and to the strength of our business, in particular the excellent 2007 performance of our building and management services segments. We look forward to continued growth and another strong year in 2008.� About Perini Corporation Perini Corporation 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. We have provided construction services since 1894 and have established a strong reputation within our markets by executing large complex projects on time and within budget while adhering to strict quality control measures. We offer 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. We also offer self-performed construction services including sitework, concrete forming and placement and steel erection. We are known for our 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.