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Tuesday, May 12, 2009

Vulcan (VMC) Declares Quarterly Dividend on Common Shares

The Board of Directors of Vulcan Materials Company (NYSE:VMC - News) at a regular meeting held today declared a quarterly dividend of 49 cents per share on its common stock payable June 10, 2009, to shareholders of record May 26, 2009.

Vulcan Materials Company, based in Birmingham, Alabama, provides infrastructure materials that are required by the American economy. Vulcan is the nation’s largest producer of construction aggregates, a major producer of other construction materials including asphalt and ready-mixed concrete and a leading producer of cement in Florida.

Vulcan produces aggregates, primarily crushed stone, sand and gravel, that are used in nearly all forms of construction. In particular, large quantities of aggregates are used to build roads and nonresidential properties.

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