X0202 4/A 2007-10-10 2007-10-12 0 0000914024 SHAW GROUP INC SGR 0000948904 GENDELL JEFFREY L ET AL 55 RAILROAD AVENUE GREENWICH CT 06830 0 0 1 0 Common Stock, no par value 2007-10-10 4 S 0 68500 68.08 D 8954600 I See footnotes Common Stock, no par value 2007-10-11 4 S 0 211500 68.59 D 8743100 I See footnotes This filing amends the Form 4 filed by the Reporting Person on October 12, 2007, which mistakenly reported transactions by the Reporting Person from August 2 and August 3, 2006 instead of the transactions reported herein. The Reporting Person is the managing member of Tontine Management, L.L.C. ("TM"), a Delaware limited liability company, the general partner of Tontine Partners, L.P. ("TP"), a Delaware limited partnership. The Reporting Person is also the managing member of Tontine Capital Management, L.L.C. ("TCM"), a Delaware limited liability company, the general partner of Tontine Capital Partners, L.P. ("TCP"), a Delaware limited partnership. The Reporting Person is also the managing member of Tontine Overseas Associates, L.L.C., a Delaware limited liability company ("TOA"), the investment adviser to Tontine Capital Overseas Master Fund, L.P., a Cayman Islands partnership ("TCO"), Tontine Overseas Fund, Ltd., a Cayman Islands corporation ("TOF") and certain managed accounts. The Reporting Person directly owns 0 shares of the Common Stock. TP directly owns 3,483,298 shares of Common Stock. TCP directly owns 2,439,800 shares of Common Stock. TCO owns 308,400 shares of Common Stock. TOF and certain managed accounts directly own 2,511,602 shares of Common Stock. All of the foregoing shares of Common Stock may be deemed to be beneficially owned by the Reporting Person. The Reporting Person disclaims beneficial ownership of the Issuer's securities reported herein for purposes of Section 16(a) under the Securities Exchange Act of 1934, as amended, or otherwise, except as to securities directly owned by the Reporting Person or representing the Reporting Person's pro rata interest in, and interest in the profits of, TP, TM, TCP, TCM, TOA, TCO and TOF. Common Stock sold by TCP, and TCO and certain managed accounts. Common Stock sold by TP, and TOF and certain managed accounts. /s/Jeffrey L. Gendell 2007-10-15