Florida Rock Announces Conference Call and Earnings Expectation

Business Wire, July 15, 2002

Business Editors

Florida Rock Industries, Inc. (NYSE:FRK) today announced its expectation, based on a preliminary analysis of third quarter results, that results for the third quarter would be substantially similar to the record results reported for the third quarter of fiscal 2001. The Company currently expects that third quarter earnings will be in the range of 65 to 67 cents per diluted share.

The Company anticipates issuing a press release on third quarter and nine-month earnings on Tuesday, July 30, 2002 after 4:30 p.m. EDST. The Company also will host a conference call at 10:00 a.m. EDT on Wednesday, July 31, 2002. Analysts, stockholders and other interested parties may access the teleconference live by calling 888.682.4386 (security code FLORIDA ROCK), via the Internet through the Conference America website at http://www.yourcall.com/real/players/frk073102.smil 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 30-45 minute delay until the archive is available following the conclusion of the conference call.

The Company also anticipates filing its 10-Q after the conference call on July 31, 2002. Upon filing, the 10-Q will also be made immediately available through the Company's website at http://www.flarock.com under Investor Relations.

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.