Dayton Superior Corporation Announces Acquisition of Southern Construction Products.

DAYTON, Ohio--(BUSINESS WIRE)--Oct. 4, 1999--

Dayton Superior Corporation (NYSE:DSD) today announced the acquisition of the assets of Southern Construction Products, Inc. (SCP). SCP manufactures and sells accessories for both concrete and masonry construction and is located in Birmingham, Alabama. Annual sales are approximately $12 million. This acquisition will add to Dur-O-Wal, our masonry products business, as well as to Dayton/Richmond, our concrete accessories business, and is expected to be accretive to Dayton Superior's earnings per share in the current year, even before the meaningful synergistic savings which are available.

Dayton Superior's President and Chief Executive Officer, J. A. "Chic" Ciccarelli said: "We are delighted with this acquisition. Southern Construction Products is a logical fit with our established businesses of Dur-O-Wal and Dayton/Richmond, and offers significant opportunities for synergies. Acquisitions are a critical part of our growth strategy and we continue to pursue new business opportunities and acquisitions that enhance shareholder value. Since the beginning of 1994, we have completed twelve acquisitions, the largest of which was our 1997 acquisition of Symons Corporation. We were pleased to be ranked No. 68 overall in total return and No. 13 in EPS Growth in Fortune Magazine's Top 100 Fastest Growing Companies in the U.S. this year."

Dayton Superior Corporation is the largest North American manufacturer and distributor of metal accessories and forms used in concrete construction and metal accessories used in masonry construction and has an expanding construction chemicals business. The Company's products, which are marketed under the Dayton/Richmond(R), Symons(R), American Highway Technology(R) and Dur-O-Wal(R) names, among others, are used primarily in two segments of the construction industry: non-residential buildings and infrastructure construction projects.

Note: Certain statements made herein concerning anticipated future performance are forward-looking statements. These forward-looking statements are based on estimates, projections, beliefs and assumptions of management and are not guarantees of future performance. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of important factors. Representative examples of these factors include (without limitation) the cyclical nature of nonresidential building and infrastructure construction activity, which can be affected by factors outside Dayton Superior's control such as the general economy, governmental expenditures and changes in banking and tax laws; Dayton Superior's ability to successfully integrate acquisitions on a timely basis; and the seasonality of the construction industry. This list of factors is not intended to be exhaustive, and additional information concerning relevant risk factors can be found in Dayton Superior's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission.