DATE: April 3, 2006

Titan America Acquires Two Concrete Producers On Florida West Coast

Tarmac America LLC, a subsidiary of Titan Cement Company, S.A. announced today the acquisition of two independent ready mix concrete producers in Florida:  Metro Redi-Mix Company and Elbrecht Concrete, Inc. (d/b/a Summit Ready Mix).

The two companies operate in the Tampa and Ft. Myers areas of Florida’s rapidly growing west coast, and include five ready mix plants.

“We’re very excited about this new acquisition because it will enable us to expand our efforts to serve Florida’s growing need for materials, “said Hardy Johnson, President of Titan America’s Florida Business.  “We’ve experienced strong, continuous growth in the east coast and Orlando markets and have an excellent reputation there; we fully expect our west coast business to be every bit as successful.”

Titan America LLC is one of the premier cement and building materials producers in the Eastern United States, headquartered in Norfolk, Va.  Titan America operates all the US assets for its parent company, Titan Cement Company, S.A., headquartered in Athens, Greece.

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