Layne Christensen Joins Russell Indexes

THE WOODLANDS, Texas, June 27, 2016

"We are pleased to be included in the Russell Indexes," said Michael J. Caliel, President and Chief Executive Officer. "This inclusion demonstrates the progress we have made over the last year in building shareholder value and will expose our company to a wider audience of investors."

Approximately $6 trillion in assets are benchmarked to Russell indexes, which are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. The Russell 3000 Index, representing about 98% of the investable US equity market, is comprised of the US large cap Russell 1000 Index (the largest 1,000 US listed stocks by market capitalization) and the US small cap Russell 2000 Index (the next 2,000 largest US listed stocks by market capitalization).

Layne Christensen Company

Layne is a global water management, construction and drilling company, providing responsible solutions to the world of essential natural resources — water, minerals and energy. We offer innovative, sustainable products and services with an enduring commitment to safety, excellence, and integrity.

Contacts: 
J. Michael Anderson 
Chief Financial Officer 
281-475-2694 
michael.anderson@layne.com

Dennard Lascar Associates 
Jack Lascar 
713-529-6600 
jlascar@dennardlascar.com