FRK Florida Rock Inds

Florida Rock Industries, Inc. (NYSE:FRK) announced today that its Board of Directors has approved an increase in the authorization to repurchase Florida Rock Industries, Inc.'s common stock to $200 million. Stock repurchases under this authorization may be made from time to time through open market and privately negotiated transactions at such times and in such amounts as management deems appropriate and will be funded using the Company's working capital. Repurchases under this authorization will be made in compliance with the rules of the Securities and Exchange Commission. The stock repurchase authorization may be limited or terminated at any time by the Board of Directors without prior notice, and Florida Rock has no obligation to make any repurchases under the authorization. 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.