FOR IMMEDIATE RELEASE

NEWPORT NEWS, Va., June 28, 2000 – Newport News Shipbuilding (NYSE: NNS) announced today that it has received the U. S. Government's highest rating for excellence in workplace health and safety. Federal authorities from the Occupational Safety and Health Administration (OSHA) notified the company on Monday, June 26 that Newport News Shipbuilding has been re-certified at the prestigious Star level of OSHA's Voluntary Protection Program (VPP).

OSHA awards the Star only to those companies with comprehensive, successful safety and health programs that are in the forefront of employee protection and demonstrate continuous improvement. Those selected to receive the rating must also have incidence and lost workday case rates that are at-or-below the national average for their particular industry for a minimum of three years. The injury rates for Newport News Shipbuilding are 50 percent better than the average rates for the shipbuilding and repair industry in general.

"I'm very proud of all the men and women at Newport News for their hard work to maintain the Star rating," said NNS Chairman and CEO Bill Fricks. "This achievement can be attributed to the teamwork between employees, the company's management, the unions, the Navy and the subcontractors."

Newport News Shipbuilding first received the Star rating in 1995. Star VPP plants are revisited by OSHA every three to five years to verify that the site is still meeting the VPP Star standard. An extensive audit to re-certify NNS was conducted by OSHA officials earlier this year. The audit included hundreds of interviews with employees across the company.

In the Star re-certification letter to NNS, Richard D. Soltan, Regional Administrator for OSHA stated, "I see that several of your programs have been enhanced since the previous evaluation. You have made quite an investment to increase safety and health awareness at your work site. I am pleased that the injury rates remain below the national average."

Newport News Shipbuilding's nearly 17,000 employees make it the largest single workplace in the distinctive Star program and it is the only shipyard to have the Star rating.

"We currently have more than 500 employees who serve on health and safety task teams," said NNS Vice President of Human Resources, Environmental, Health and Safety, Alfred Little, Jr. These task team members conduct monthly safety inspections of the entire shipyard and encourage employees to evaluate their jobs and the particular hazards associated with them. "At Newport News, our employees are very focused on health and safety and that is what makes us the safest shipyard in the world."

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 nearly 17,000 people and has annual revenues of approximately $1.9 billion. Visit NNS on the Web at www.nns.com.