SOURCE: Willbros Group, Inc.

August 15, 2008 10:10 ET

Willbros Group, Inc. 2.75% Convertible Senior Notes Due 2024

HOUSTON, TX--(Marketwire - August 15, 2008) - This notice relates to the 2.75% Convertible Senior Notes due 2024 (the "2.75% Notes") of Willbros Group, Inc. (NYSE: WG) (the "Company") (CUSIP Nos. 969199AA6 and 969199AC2) which are governed by that certain Indenture dated as of March 12, 2004, as amended by that certain First Supplemental Indenture dated as of September 22, 2005 (the "Indenture"), between the Company and The Bank of New York, a New York banking corporation, as successor Trustee (the "Trustee"). Any capitalized term used but not defined herein shall have the same meaning attributed to such term in the Indenture.

Please be advised that pursuant to Section 12.1(a)(i) of the Indenture, the 2.75% Notes will be convertible beginning today, August 15, 2008, and will continue to be convertible through November 14, 2008. The 2.75% Notes may be converted in whole or in part (in denominations of $1,000 and integral multiples thereof). The Conversion Price pursuant to the Indenture is currently $19.47.

This notice is being provided to you pursuant to Sections 12.1(a) of the Indenture.

Any inquiries you may have regarding the 2.75% Notes may be directed to Mike Collier, Vice President, Willbros USA, Inc., at (713) 403-8038 or mike.collier@willbros.com.

Contact Information

  • Contact:
    Mike Collier
    Vice President
    Willbros USA, Inc.
    (713) 403-8038
    Email Contact