Granite Awarded $29.7 Million Site Preparation Project in California

WATSONVILLE, Calif., March 27 /PRNewswire-FirstCall/ -- GraniteConstruction Incorporated (NYSE: GVA) announced today that GraniteConstruction Company was awarded three contracts totaling $29.7 million byBernards Bros. Inc. for the site work for a new educational facility atMinarets High School. The project involves site preparation, undergroundutilities, building foundations and site concrete work.

Construction of the site, which is located in the foothills of MaderaCounty at Highway 41 and Road 200, includes 344,000 cubic yards of blastedrock excavation, the placement of over 51,000 linear feet of undergroundwater, sewer, storm drain and gas utilities, grading and paving. The siteconcrete consists of six building pads and ten retaining walls, all totalingover 8,600 cubic yards of concrete.

Work began in January 2008 and is scheduled for completion by December2009. The school plans to open its doors to students in the Fall of 2009.

About Granite

Granite Construction Incorporated is a member of the S&P 400 Midcap Index,the Domini 400 Social Index and the Russell 2000. Granite ConstructionCompany, a wholly owned subsidiary, is one of the nation’s largest diversifiedheavy civil contractors and construction materials producers. GraniteConstruction Company serves public and private sector clients through itsoffices and subsidiaries nationwide. For the 5th straight year, Granite wasnamed to FORTUNE’S List of 100 Best Companies to Work For. For moreinformation about Granite, please visit their website athttp://www.graniteconstruction.com.

SOURCE Granite Construction Incorporated