Granite Construction Completes Superior Acquisition


WATSONVILLE, Calif., April 3 -- Granite Construction Incorporated (NYSE:GVA) announced today the completion of its acquisition of certain assets of The Superior Group of Companies, a Pacific Northwest-based construction materials producer and asphalt paving company. The acquisition closed consistent with the details provided in the Company's March 27, 2007 news release, and is the latest step in the Company's geographic expansion strategy.

About Granite

Granite, a member of the S&P 400 Midcap Index, the Domini 400 Social Index and the Russell 2000, is one of the nation's largest diversified heavy civil contractors and construction materials producers. Granite Construction serves public and private sector clients through its offices nationwide. For the 4th straight year, Granite was named to FORTUNE'S List of 100 Best Companies to Work For. For more information about the company, please visit their website at www.graniteconstruction.com.

Source: Granite Construction Incorporated

CONTACT: Jacque Underdown of Granite Construction Incorporated,
+1-831-761-4741

Web site: www.graniteconstruction.com/

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