August 1, 2005

Stanley Consultants and Contrack International form CSG Engineering

MUSCATINE, Iowa - Stanley Consultants and Contrack International, Inc., the U.S. affiliate of Orascom Construction Industries, have established a new engineering firm to pursue project opportunities in the Middle East and North Africa. Based in Cairo, the new company is called CSG Engineering. The company will pursue design and construction management projects in infrastructure development, buildings, water pipelines, sewerage distribution and water treatment plants.

Stanley Consultants and Contrack International enjoy a long and well-established relationship, having over 10 years experience working together on various international assignments, many of which have been directly for the U.S. Army Corps of Engineers.

Stanley Consultants provides engineering, environmental and construction services worldwide. Founded in 1913, the company has completed over 23,000 engagements in all 50 states, U.S. territories and in 93 countries.

Contrack provides engineering, procurement and construction (EPC) services primarily on institutional and infrastructure projects financed by the US government in the Middle East, Persian Gulf, Africa and Central Asia.