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Sterling Construction Announces Retirement Of Director


January 12, 2014

Sterling Construction Company, Inc. (Nasdaq GS: STRL) (the “Company” or “Sterling”) today announced the retirement from the Board of Joseph P. Harper, Sr. on June 11, 2014.

Mr. Harper was first employed by the Company’s predecessor in 1972, prior to its 1978 move from Sterling Heights, Michigan to Houston. During the course of his long career with the Company, Mr. Harper worked in all of the key areas of the construction business, including estimating, project management, service as Chief Financial Officer and Treasurer, and from 2001 to January 2013, as President and Chief Operating Officer.

Sterling’s Chairman, Maarten D. Hemsley, said, “I’ve had the privilege of working with Joe for more than 15 years. His, along with Pat Manning’s leadership have enabled Sterling to grow to the size it is today, with a breadth of core competencies and a geographic reach that have positioned it very well for the future. The entire Board joins me in thanking Joe for his many years of service to the Company. We wish him and his wife, MaryAnn, the very best for his retirement.”

Sterling is a leading heavy civil construction company that specializes in the building and reconstruction of transportation and water infrastructure projects in Texas, Utah, Nevada, Arizona, California, Hawaii and other states where there are construction opportunities. Its transportation infrastructure projects include highways, roads, bridges and light rail and its water infrastructure projects include water, wastewater and storm drainage systems.

This press release includes certain statements that fall within the definition of “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. Any such statements are subject to risks and uncertainties, including overall economic and market conditions, federal, state and local government funding, competitors’ and customers’ actions, and weather conditions, which could cause actual results to differ materially from those anticipated, including those risks identified in the Company’s filings with the Securities and Exchange Commission. Accordingly, such statements should be considered in light of these risks. Any prediction by the Company is only a statement of management’s belief at the time the prediction is made. There can be no assurance that any prediction once made will continue thereafter to reflect management’s belief, and the Company does not undertake to update publicly its predictions or to make voluntary additional disclosures of nonpublic information, whether as a result of new information, future events or otherwise.

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