Granite Construction CEO William G. Dorey Elected Chairman of Industry Ethics Intiative

WATSONVILLE, Calif., May 21 /PRNewswire-FirstCall/ -- Granite ConstructionIncorporated (NYSE: GVA) announced today that it’s President and ChiefExecutive Officer, William G. Dorey, has been elected chairman of thegoverning body for the Construction Industry Ethics and Compliance Initiative("CIECI"). Granite is also pleased to announce its involvement as one of thethirteen founding members of the CIECI.

The CIECI is a non-profit association of construction industry firms whosesole purpose is that of promoting and monitoring ethical behavior and fullcompliance with the law. Each of the founding members, including KiewitCorporation, Lane Construction Company, Balfour Beatty Infrastructures, Inc.and others has subscribed to a set of Principles requiring compliance based onethical values, open communications in the industry, avoidance of conflicts ofinterest and a high level of transparency. The initiative’s focus is to sharebest practices, training and public accountability.

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