Michael Baker International Announces Termination of Its Tender Offer

5/4/17

Michael Baker International, LLC announced today that it has terminated its previously announced tender offer to purchase for cash any and all of the $350 million aggregate principal amount outstanding of its 8.250% Senior Secured Notes due 2018 issued by it and Michael Baker International Holdco Corporation (formerly known as Michael Baker Corporation, as successor by merger to CDL Acquisition Co. Inc.) and a solicitation of consents for proposed amendments to the related indenture. All Notes that have been validly tendered (and not validly withdrawn) will be returned promptly to the respective holders thereof without any action required on the part of the holders. No consideration will be paid in the Tender Offer for any tendered Notes or the Consent Solicitation for any consents. Accordingly, the amendments that are contained in the supplemental indenture that was executed in connection with the Consent Solicitation will not become operative.

Michael Baker International is a global leader in engineering, planning, consulting, and professional services. Supported by approximately 6,750 employees in 90 offices worldwide, Michael Baker International provides the full continuum of engineering, consulting, base operations, security management, systems integration, intelligence operations support and analysis, and information technology solutions.

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