Perini Corp. signs deal with Deutsche Bank

21 January 2008

FRAMINGHAM, Massachusetts -- (PRESS RELEASE) -- Perini Building Company, Inc, a wholly owned subsidiary of Perini Corporation (NYSE:PCR) announces that it has in place an interim commitment with Deutsche Bank wherein Deutsche Bank will continue to pay Perini for performing the construction work on the Cosmopolitan Resort and Casino project in Las Vegas, Nevada on a monthly basis while the issues of loan default with the developer are being resolved.

As a result, the Company's work at the Cosmopolitan will continue unaffected by the default notice.

Related Links

Tutor Perini Building Corp. Gaming Vendor Information

The Cosmopolitan of Las Vegas Details

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