Contact: Mike McGough Chief Commercial Officer

503.715.2238 mmcgough@nuscalepower.com

FOR IMMEDIATE RELEASE Wednesday, June 17, 2015

NuScale Powers CEO Elected Vice Chairman Of The U.S. Chamber Of Commerce

PORTLAND, Ore NuScale Power LLC announced today that the U.S. Chamber of

Commerces Board of Directors elected John L. Hopkins, president and CEO of NuScale Power

LLC, as its vice chairman. Hopkins succeeds Michael Ducker, president and CEO of FedEx

Freight, and will serve a one-year term.

In 2012, Hopkins was named chief executive officer of NuScale Power, headquartered in

Portland, Ore. In this role Hopkins is responsible for leading NuScale efforts to design, license

and bring to market game-changing technology for economic, scaleable carbon-free nuclear

technology with unprecedented safety attributes.

John has done a great job of promoting international trade and helping open up new global

markets for companies and investors, said Thomas J. Donohue, president and CEO of the U.S.

Chamber. He has a deep understanding of two of our most pressing issuesenergy and

infrastructureand we look forward to his leadership and expertise as we work to spur stronger

economic growth and create jobs and opportunities for Americans.

Prior to joining NuScale Power, Hopkins held several executive positions in his 24 years of

service with Fluor Corporation, a Fortune 500 international engineering and construction

company.

While at Fluor, Hopkins served as group president of the companys Corporate Development

and new Ventures Group, led Fluors Corporate Sales Board, headed Fluors Government

Group, served as group president of Fluor Global Services, and led the companys global

Operations and Maintenance business unit. In these various capacities Hopkins was

responsible for Fluors strategic planning and global sales and marketing, spearheaded account

management activities as well as new ventures and emerging markets opportunities, and was

engaged in corporate finance, government relations, and corporate affairs.

Hopkins international experience also includes having served as the senior executive member

of both the Fluor Netherlands and the Fluor United Kingdom board of directors, as chairman of

the board for Savannah River Nuclear Solutions, LLC, and as a director of the Business Council

for International Understanding.

Hopkins is a member of the executive board of the U.S. Chamber of Commerce, a member of

the Nuclear Energy Institute board of directors, and senior policy adviser of I Squared Capital.

About NuScale Power, LLC

NuScale Power, LLC is developing a new kind of nuclear plant; a safer, smaller, scalable

version of pressurized water reactor technology, designed with natural safety features. Fluor

Corporation (NYSE: FLR), a global engineering, procurement and construction company with a

60-year history in commercial nuclear power, is the majority investor in NuScale. As the sole

winner of the second round of the U.S. Department of Energy's (DOE) competitively-bid, cost-

sharing program to develop nuclear small modular reactor (SMR) technology, NuScale's design

offers the benefits of carbon-free nuclear power but takes away the issues presented by the

cost of installing large capacity. A nuclear power plant using NuScale's technology is comprised

of individual NuScale Power Modules, each producing 50 megawatts of electricity (gross) with

its own factory-built combined containment vessel and reactor vessel, and its own packaged

turbine-generator set. A power plant can include as many as 12 NuScale Power Modules to

produce as much as 600 MWe, gross (570 net, nominal, after house loads). The reactor coolant

is driven by natural circulation and can be shut down safely with no operator action, no AC or

DC power, and no external water. NuScale power plants are scalable - additional modules are

added as customer demand for electricity increases. NuScale's technology also is ideally suited

to supply energy for district heating, desalination and other applications. NuScale is

headquartered in Portland, Oregon and has offices in Corvallis, OR; Rockville, MD; Atlanta, GA;

Charlotte, NC; and Chattanooga, TN. For more information visit: www.nuscalepower.com.

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