FRK Florida Rock Inds

Florida Rock Industries, Inc. (NYSE:FRK) today announced that on July 13, 2007, the United States District Court for the Southern District of Florida issued an order requiring that Florida Rock and two other mining companies cease mining operations at their Miami quarries on Tuesday, July 17, 2007. The ruling allows mining at seven other quarries to continue pending the completion of a pending study by the Army Corps of Engineers. This ruling follows a court order issued on March 22, 2006 holding that several mining permits for the Lake Belt area in South Florida had been improperly issued. That ruling affects most of the 12 mining permits issued for this area, including the permit issued to the Company�s Miami quarry. The Court remanded the permitting process to the U.S. Army Corps of Engineers for further review and consideration. For the nine months ended June 30, 2007, the Company sold 2,467,000 tons of aggregates from its Miami quarry, generating $28,673,000 in revenues. A significant portion of this volume is used in our concrete production facilities in Southeastern Florida, Central Florida and Jacksonville. Our Miami quarry employs 68 persons and has property, plant and equipment of approximately $74,816,000 of which $20,969,000 is land. The Company estimates that recoverable reserves at the Miami quarry (assuming that mining is permitted to continue in the long term) are approximately 135 million tons. The Company is preparing to appeal the Court�s ruling, while at the same time seeking re-issuance of the permit. Management does not expect the ruling to impact the Company�s pending merger with Vulcan Materials Company. The Company will host a conference call at 10:00 a.m. on Tuesday, July 17, 2007 to answer questions regarding this development. Analysts, shareholders and other interested persons may access the teleconference by calling 1-888-682-4386 (security code FLAROCK) or International callers dial 1-334-323-7224 (security code FLAROCK), or via the Internet through the Conference America, Inc. website at http://www.yourcall.com/real/players/frk071607.ram or via the Company�s website at http://www.flarock.com. If using the Company�s website, click on Investor Relations - Florida Rock Industries, Inc. Conference Stream. There will be a 30-40 minute delay until the archive is available following the conclusion of the conference call. Florida Rock Industries, Inc. is one of the nation�s leading producers of construction aggregates, a major provider of ready-mixed concrete and concrete products in the Southeastern and Mid-Atlantic States and a significant supplier of cement in Florida and Georgia. Investors are cautioned that any statements in this press release which relate to the future are, by their nature, subject to risks and uncertainties that could cause actual results and events to differ materially from those indicated in such forward-looking statements. These include general business conditions, competitive factors, political, economic, regulatory and weather conditions, pricing, government spending levels on transportation projects, interest rate changes, energy and transportation costs and technological contingencies. Additional information regarding these and other risk factors and uncertainties may be found in the Company's filings with the Securities and Exchange Commission