EXHIBIT 99.1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
__________
FORM T-1
Statement of Eligibility and Qualification Under the
Trust Indenture Act of 1939 of a Corporation
Designated to Act as Trustee
U.S. BANK NATIONAL ASSOCIATION
(Exact name of Trustee as specified in its charter)
United States 41-0417860
(State of Incorporation) (I.R.S. Employer
Identification No.)
U.S. Bank Trust Center
180 East Fifth Street
St. Paul, Minnesota 55101
(Address of Principal Executive Offices) (Zip Code)
Peter Kiewit Sons', Inc.
(Exact name of registrant as specified in its charter)
Delaware 91-1842817
(State of Incorporation) (I.R.S. Employer
Identification No.)
Kiewit Plaza, Omaha, Nebraska 68131
(Address of Principal Executive Offices) (Zip Code)
2000 Series Convertible Debentures Due October 31, 2010
(Title of the Indenture Securities)
GENERAL
1. General Information Furnish the following
information as to the Trustee.
(a) Name and address of each examining or
supervising authority to which it is subject.
Comptroller of the Currency
Washington, D.C.
(b) Whether it is authorized to exercise corporate
trust powers.
Yes
2. AFFILIATIONS WITH OBLIGOR AND UNDERWRITERS If the
obligor or any underwriter for the obligor is an
affiliate of the Trustee, describe each such
affiliation.
None
See Note following Item 16.
Items 3-15 are not applicable because to the best of
the Trustee's knowledge the obligor is not in default
under any Indenture for which the Trustee acts as
Trustee.
16. LIST OF EXHIBITS List below all exhibits filed as
a part of this statement of eligibility and
qualification.
1. Copy of Articles of Association.*
2. Copy of Certificate of Authority to Commence
Business.*
3. Authorization of the Trustee to exercise
corporate trust powers (included in Exhibits 1
and 2; no separate instrument).*
4. Copy of existing By-Laws.*
5. Copy of each Indenture referred to in Item 4.
N/A.
6. The consents of the Trustee required by Section
321(b) of the act.
7. Copy of the latest report of condition of the
Trustee published pursuant to law or the
requirements of its supervising or examining
authority incorporated by reference to File
Number 333-56865.
*Incorporated by reference to File Number 333-30939.
NOTE
The answers to this statement insofar as such answers relate
to what persons have been underwriters for any securities of the
obligors within three years prior to the date of filing this
statement, or what persons are owners of 10% or more of the
voting securities of the obligors or affiliates, are based upon
information furnished to the Trustee by the obligors, While the
Trustee has no reason to doubt the accuracy of any such
information, it cannot accept any responsibility therefor.
SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of
1939, the Trustee, U.S. Bank National Association, an
Association organized and existing under the laws of the United
States, has duly caused this statement of eligibility and
qualification to be signed on its behalf by the undersigned,
thereunto duly authorized, and its seal to be hereunto affixed
and attested, all in the City of Denver and State of Colorado on
the 4th day of October, 2000.
U.S. BANK NATIONAL ASSOCIATION
/s/ Sherrie L. Pantle
Sherrie L. Pantle
Vice President
/s/ Linda E. Houston
Linda E. Houston
Trust Officer
EXHIBIT 6
CONSENT
In accordance with Section 321(b) of the Trust Indenture Act
of 1939, the undersigned, U.S. BANK NATIONAL ASSOCIATION hereby
consents that reports of examination of the undersigned by
Federal, State, Territorial or District authorities may be
furnished by such authorities to the Securities and Exchange
Commission upon its request therefor.
Dated: October 4, 2000
U.S. BANK NATIONAL ASSOCIATION
/s/ Sherrie L. Pantle
Sherrie L. Pantle
Vice President
