Granite Awarded $26 Million Highway Project in Central California

  Granite Awarded $26 Million Highway Project in Central California

Business Wire

WATSONVILLE, Calif. -- September 18, 2013

Granite Construction Incorporated (NYSE: GVA) announced today that it has been
awarded a $26 million highway widening project for the city of Bakersfield.
Granite will book the project into backlog in the third quarter of 2013.

The project consists of widening the existing two-lane State Route 178 to a
four-lane expressway. Construction includes building a six-lane overpass,
concrete structures, roadway excavation, storm drains, and utility culverts.

Construction on the project is underway and is expected to be complete in the
summer of 2015. For more information, visit
www.bakersfieldfreeways.us/project_SR178_morning_drive.html.

About Granite

Through its offices and subsidiaries nationwide, Granite Construction
Incorporated (NYSE: GVA) is one of the nation’s largest infrastructure
contractors and construction materials producers. Incorporated in 1922,
Granite serves public- and private-sector clients on projects both small and
large. Granite’s project teams represent some of the best in the industry
serving owners in the transportation, power, federal, tunneling, underground,
and industrial/mining and water resources markets. In 2013, the Company was
recognized by the Ethisphere Institute as one of the World’s Most Ethical
Companies for the fourth year in a row. For more information, please visit
www.graniteconstruction.com.

Contact:

Granite Construction Incorporated
Jacque Fourchy, 831-761-4741