PCR Perini Cp

Brower Piven, A Professional Corporation announces that a class action lawsuit has been commenced in the United States District Court for the District of Massachusetts on behalf of purchasers of the common stock of Perini Corp. ("Perini" or the "Company") (NYSE: PCR) during the period between November 2, 2006 and January 17, 2008, inclusive (the "Class Period").

The complaint charges Perini and certain of its officers and directors with violations under the Securities Exchange Act of 1934. No class has yet been certified in the above action. Members of the Class will be represented by the lead plaintiff and counsel chosen by the lead plaintiff. If you wish to choose counsel to represent you and the Class, you must apply to be appointed lead plaintiff no later than October 20, 2008 and be selected by the Court. The lead plaintiff will direct the litigation and participate in important decisions including whether to accept a settlement and how much of a settlement to accept for the Class in the action. The lead plaintiff will be selected from among applicants claiming the largest loss from investment in the Company during the Class Period. You may contact Brower Piven (through hoffman@browerpiven.com or 410/332-0030) to answer any questions you may have in that regard.

According to the complaint, during the Class Period, defendants issued materially false and misleading statements that misrepresented and failed to disclose: that the developer of Perini's Las Vegas, Nevada projects, including the CityCenter Project, had failed to secure financing for the entire project and was dependent upon raising the remainder of the financing from the expected sale of units at unrealistic and aggressive prices at a time when the condominium market in Las Vegas, Nevada was extremely weak, placing the developer at greater risk of defaulting on its construction loan; and that the Company's future profit was dependent upon the Las Vegas projects (constituting approximately 20% of backlog) and its ability to maintain its profit margins was in serious doubt. The complaint further alleges that after it was announced on January 17, 2008, that Deutsche Bank "delivered a notice of loan default to the developer of the Cosmopolitan Resort and Casino project under construction in Las Vegas, Nevada," the value of the Company's common stock declined.

If you have suffered a net loss for all transactions in Perini Corp. common stock during the Class Period, you may obtain additional information about this lawsuit and your ability to become a lead plaintiff by contacting Brower Piven at www.browerpiven.com, by email at hoffman@browerpiven.com, by calling 410-332-0030, or at Brower Piven, A Professional Corporation, The World Trade Center-Baltimore, 401 East Pratt Street, Suite 2525, Baltimore, Maryland 21202. Attorneys at Brower Piven have combined experience litigating securities and class action cases of over 40 years. If you choose to retain counsel, you may retain Brower Piven without financial obligation or cost to you, or you may retain other counsel of your choice. You need take no action at this time to be a member of the class.

CONTACT: Charles J. Piven Brower Piven, A Professional Corporation Baltimore, Maryland 410/332-0030 Email Contact