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May 3, 2018

Hill International Expands Presence in India with Multiple Rail / Metro Project Selections

PHILADELPHIA and GURGAON, India, May 03, 2018 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced that it has received two contracts in the rail and metro sector in India. These awards, which have a total project value estimated at nearly $4 billion, continue the trend of Hill’s increasing presence in the fast-growing Indian infrastructure market.

The first contract is from Rail Vikas Nigam Limited (RVNL) to provide project management services for an effort that will double the 120 km (75 miles) of rail line in Varanasi in Uttar Pradesh, India. 

The second project entails providing Quality and Safety Audit Consultancy for the World Bank-funded Eastern Dedicated Freight Corridor, namely the Sahnewal-Khurja section and Khurja-Dadri link. Hill will be working in conjunction with the consortium of Italferr S.P.A and local consultant Vogue Construction and Consultancy Services for the related infrastructure for the 397 km Sahnewal-Khurja section and double line electrified railway track for the Khurja-Dadri link (approximately 46 km).

"Doubling the Varanasi Rail Line and Eastern Dedicated Freight Corridor are ambitious projects that present several technical challenges," said Regional President for the Middle East, Abdo E. Kardous. “However, Hill’s expertise and experience will be valuable in helping both undertakings achieve their goals and support the region’s ongoing growth.”

Hill International, with more than 3,000 professionals in more than 50 offices worldwide, provides program management, project management, construction management and other consulting services to clients in a variety of market sectors. Engineering News-Record magazine recently ranked Hill as the eighth-largest construction management firm in the United States.  For more information on Hill, please visit our website at www.hillintl.com.

Certain statements contained herein may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and it is our intent that any such statements be protected by the safe harbor created thereby.  Except for historical information, the matters set forth herein including, but not limited to, any projections of revenues, earnings or other financial items; any statements concerning our plans, strategies and objectives for future operations; and any statements regarding future economic conditions or performance, are forward-looking statements.  These forward-looking statements are based on our current expectations, estimates and assumptions and are subject to certain risks and uncertainties.  Although we believe that the expectations, estimates and assumptions reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements.  Important factors that could cause our actual results to differ materially from estimates or projections contained in our forward-looking statements are set forth in the Risk Factors section and elsewhere in the reports we have filed with the Securities and Exchange Commission, including that unfavorable global economic conditions may adversely impact our business, our backlog may not be fully realized as revenue and our expenses may be higher than anticipated.  We do not intend, and undertake no obligation, to update any forward-looking statement.

Hill International, Inc.
Elizabeth J. Zipf, LEED AP BD+C
Senior Vice President
Hill International, Inc.
One Commerce Square
2005 Market Street, 17th Floor
Philadelphia, PA 19103
Tel: 215-309-7707
elizabethzipf@hillintl.com

Hill International, Inc.
Marco A. Martinez
SVP & Interim Chief Financial Officer
Tel:  215-309-7951
marcomartinez@hillintl.com

InvestorCom
John Glenn Grau
President
Tel: 203-295-7841
jgrau@investor-com.com

(HIL-G)

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Source: Hill International, Inc.