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Analyst Coverage

Firm Analyst
BB&T Capital Markets   John F. Kasprzak Jr.
BMO Capital Markets   Avram Fisher
CJS Securities   Robert Labick
D. A. Davidson & Co.   John Rogers
Davenport & Company, LLC   Todd Vencil
FBR Capital Markets   Alex Rygiel
Goldman Sachs & Co.   Joseph Ritchie
Griffin Securities, Inc.   Morris Ajzenman
Jeffries & Company, Inc.   Kalpesh Patel
Macquarie Research Equities   Sameer Rathod
Morgan Stanley   Vance Edelson
Morningstar, Inc.   Min Tang-Varner
Sidoti & Comany, LLC   Richard Wesolowski
Stephens, Inc.   Trey Grooms
Sterne, Agee & Leach   Chase Jacobson
Thompson Research Group   Kathryn Thompson

Granite Construction Incorporated is followed by the analyst(s) listed above. Please note that any opinions, estimates or forecasts regarding Granite Construction Incorporated's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Granite Construction Incorporated or its management. Granite Construction Incorporated does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.