Baker Acknowledges Receipt of Letter from Starboard Value

Michael Baker Corporation (NYSE: BKR) today noted that it has received and reviewed a letter dated August 25, 2011, from Starboard Value LP, one of the Company's shareholders, regarding the Company's market value and performance. Starboard also issued a public announcement about the letter.

Baker appreciates the interest of all of its shareholders and it has clearly and consistently communicated its business strategy to them and the broader investment community. The Board of Directors and the Company's management team are firmly committed to its strategy of organic and acquisition growth, coupled with prudent measures to continuously improve operating performance.

“We believe this strategy provides the best opportunity to create value for all of our shareholders over the long term,” Bradley L. Mallory, president and chief executive officer, said.