B&W Announces Quarterly Dividend

February 08, 2013

CHARLOTTE, N.C.

The Board of Directors of The Babcock & Wilcox Company (B&W) (NYSE:BWC) has declared a quarterly dividend of $0.08 per share on the outstanding common shares of the company, payable on March 12, 2013 to shareholders of record at the close of business on February 19, 2013.

About B&W

Headquartered in Charlotte, N.C., The Babcock & Wilcox Company is a leader in clean energy technology and services, primarily for the nuclear, fossil and renewable power markets, as well as a premier advanced technology and mission critical defense contractor. B&W has locations worldwide and employs approximately 12,700 people, in addition to approximately 10,400 joint venture employees. Learn more at www.babcock.com.

Consultas de los medios de comunicación

Ryan Cornell

Relaciones Públicas

330.860.1345

rscornell@babcock.com

Consultas de inversionistas

Jude T. Broussard

Vicepresidente de Relaciones con los Inversionistas

704.625.4944

investors@babcock.com