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CB+I is one of the world's leading engineering, procurement and
construction (EPC) companies, specializing in lump-sum turnkey
projects for customers that produce, process, store and distribute the
world's natural resources. Yang-Soo Park, CEO, KORES.

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Business Editors /Energy Editors

THE WOODLANDS, Texas----CB+I
(NYSE:CBI) has declared an interim dividend on common stock of $0.com ) is a state-
run organization established to promote the economic development of Korea by
developing domestic and overseas natural resources with the support of a
highly efficient system providing technical and financial assistance for
individuals and organizations wanting to take part in Korean business.

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Information about CB+I is
available at www.
The Korean expansion will be managed by Quadrem's alliance partner, Korea
Resources Corporation (KORES), a Korean government -linked corporation
dedicated to providing technical, information and financial support for Korean
minerals and resources industries. Quadrem's new regional office will serve
KORES' current associates in the industrial materials, minerals, resources and
MRO sectors, and also focus on Global 1000 and major Korean companies in
process intensive industries.

Sites in Indonesian.

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CB+I Declares Interim Common Stock Dividend

We expect
good synergies as they already have extensive networks and support supply
chain activities in the Korean Mining and Minerals industries," said Charles
Jackson , Quadrem CEO. Quadrem helps customers successfully address
the complex issues of multiple languages , multiple currencies, regulatory and
tax structures, change management, standards, restricted technology access and
low Internet bandwidth.

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03
per share, payable June 30, 2005, to shareholders of record June 20,
2005.

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"KORES is a natural partner for Quadrem in our Asian expansion.

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With a track record of deploying enterprise e-business initiatives for the
largest resources companies in the world, Quadrem specializes in solving the
challenges of implementing global supply chain strategies , even in remote and
developing world environments."
The company recently announced new alliances with PT Mitrais and PT EMS
Paramitra to expand its reach in Indonesia and has released a Bahasa Indonesia
version of its trading platform, SupplyCentre(TM).mineralland.

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Situs dalam Bahasa Indonesia .

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Quadrem's
global transaction platform, vibrant international trading community and high-
quality content services enable customers to implement the most effective e-
business initiatives for buyers and suppliers.

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"This alliance will further cement Quadrem's fast growing
presence across Asia.

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"The partnership with Quadrem enables us to strengthen the global trading
relationships of our customers as well as automate the supply chain processes
of Korean buyers and suppliers," said Mr .

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quadrem. Established in 2000, Quadrem
has locations in Australia, Brazil, Canada, Chile, France , Mexico, The
Netherlands, Peru, Singapore, South Africa, UAE and the United States.

Language:
Indonesian - ISO 639a: id
, NISO
Z39.

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With more than 60 locations and
approximately 11,000 employees throughout the world, CB+I capitalizes
on its global expertise and local knowledge to safely and reliably
deliver projects virtually anywhere.Brings First Public e-Business Hub to 'the Most Internet-Connected Country in
the World'

SEOUL , South Korea and DALLAS, Quadrem, the global
eMarketplace(TM), has launched operations in Korea , bringing the first public
global e-business hub to the most Internet-connected country in the world .com ) provides e-business solutions that
connect buyers and suppliers to maximise supply chain efficiencies .

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"We are excited by the KORES partnership given the size of the Korean
economy and the maturing B2B scene," said Choon-Boon Heng, Regional Director
for Quadrem Asia.

About Quadrem
Quadrem (http://www.

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Resources:
Natural_Languages /Indonesian
- Other: Ethnologue

Countries [Common codes]:
Indonesia
[.

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Contact information for Quadrem 's Korean Office:
KORES (Korea Resources Corporation)
686-46, Shindaebang-Dong, Dongjak -Gu, Seoul, 156-706, Korea
Telephone: 82 2 840 5618/840-5603

About KORES
KORES (http://www.

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indonesian situs

CBI.

Quadrem Expands Operations in South Korea With KORES Partnership

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