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Granite Construction Declares Quarterly Dividend

  Granite Construction Declares Quarterly Dividend

Business Wire

WATSONVILLE, Calif. -- December 19, 2013

Granite Construction Incorporated (NYSE:GVA) announced today that its Board of
Directors has declared a quarterly cash dividend of $0.13 per common share.
The dividend is payable on January 15, 2014, to all shareholders of record at
the close of business on December 31, 2013.

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
Ronald Botoff, 831-728-7532