The Babcock & Wilcox Company (NYSE: BWC) (“B&W” or the “Company”) expects to webcast a discussion of its first quarter 2012 results on Thursday, May 10, 2012 at 8:30 a.m. EST. Chief Executive Officer E. James (Jim) Ferland, Chief Operating Officer Mary Pat Salomone and Chief Financial Officer Tony Colatrella will discuss the first quarter results. A news release detailing the results is expected to be issued after the market closes on Wednesday, May 9, 2012.

The listen-only audio of the conference call will be broadcast live via the Internet at www.babcock.com. The dial-in number for participants in the U.S. is 866-788-0541; the dial-in number for participants outside the U.S. is 857-350-1679. The passcode for all participants is 13937480. A replay of this conference call will remain accessible in the investor relations section of the Company's website for a limited time.

About B&W

The Babcock & Wilcox Company is a leader in advanced 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. Please visit our website at www.babcock.com .

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