FOR IMMEDIATE RELEASE

CONTACT:
Media -- Jerri Fuller Dickseski (757) 380-2341 Jerri Fuller Dickseski (757) 380-2341

NEWPORT NEWS, Va., September 20, 1999 – Newport News Shipbuilding (NYSE: NNS) announced that it has been awarded a contract to perform the bi-annual dry docking for the cruise ship Carnival Inspiration. It arrived at the company last week.

The ship is owned and operated by Carnival Cruise Lines based in Miami, Florida. Work to be performed on the Inspiration includes minor structural repairs, propulsion equipment inspection and repairs, underwater equipment inspection and repairs and hull blasting and coating and is expected to take approximately nine days.

The 70,300-ton ship, which is 856 feet in length and has a beam of 103 feet, has been in service since 1996. Inspiration has a guest capacity of 2,040 passengers and travels to the South Caribbean.

Newport News Shipbuilding designs and constructs nuclear-powered aircraft carriers and submarines for the U.S. Navy and provides life-cycle services for ships in the Navy fleet. The company employs 18,000 people and has annual revenues of approximately $1.8 billion. Visit NNS on the Web at www.nns.com.