Corporate Profile for Meadow Valley Corp., Dated July 10, 1998

Business Wire, July 10, 1998

--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services.

Published Date:   July 10, 1998

Company Name:     Meadow Valley Corp.

Address:          4411 S. 40th St., Suite D-11
                  Phoenix, Ariz. 85040

Main Telephone
 Number:          602/437-5400

Internet Home
 Page Address
  (URL)           www.meadowvalley.com

Chief Executive
 Officer:         Bradley E. Larson

Chief Financial
 Officer:         Gary W. Burnell

Investor Relations
 Contact:         Neil Berkman
 Business number: 310/277-5162

Public Relations
 Contact:         Bradley E. Larson
 Business number: 602/437-5400
 Home number:     602/418-4027

Trading Symbol/
 Exchange:        Nasdaq:MVCO

Industry:         Construction

Market Makers:    H.D. Brous, Neidiger/Tucker/Bruner, D.E. Frey

Company description:

Meadow Valley Corp., with headquarters in Phoenix, is the parent company of several construction-related subsidiaries. With annual revenue of $150 million and a five-year annual annual compounded growth rate of 34 percent, Meadow Valley currently operates in the fast-growing southwest states of Nevada, Arizona, Utah and New Mexico.

The largest subsidiary, Meadow Valley Contractors Inc. (MVCI), is a heavy-highway contractor specializing in structural concrete construction of highway bridges and overpasses, and the paving of highways and airport runways. In Engineering News-Record magazine, MVCI is ranked No. 213 of the top 400 contractors in the United States and is ranked No. 37 of the top 50 domestic heavy contractors. MVCI is a recognized leader in its markets and has constructed quality transportation infrastructure facilities for federal, state and local governmental agencies.

Ready Mix Inc. (RMI), a wholly owned subsidiary, manufactures and distributes ready-mix concrete to a variety of customers in the Las Vegas market. Entering its second full year of business, RMI is earning an outstanding reputation for quality products and service.

CONTACT: Meadow Valley Corp.