Document:

Stock Purchase Agreement

    
      Exhibit
        10.1

       

      EXECUTION
        COPY

       

      
        

        

      

       

       

       

       

       

      

       

      STOCK
        PURCHASE AGREEMENT

       

      Dated
        as
        of August 19, 2006

       

      Between

       

      ASHLAND
        INC.

       

      and

       

      OLDCASTLE
        MATERIALS, INC.

       

       

       

       

       

       

       

       

       

       

       

      
         

        
          

          

        

      

      

      

      
        
          
            

          

          
          

        

        
          
          

          
            

          

        

        
          
          

          
            

          

        

      

      

        
          	 	
                  TABLE
                    OF CONTENTS

                   

                	
                   

                  Page

                
	 	
                  ARTICLE
                    I

                   

                	 
	 	
                  Purchase
                    and Sale of the Shares;
                    Closing

                   

                	 
	
                  SECTION
                    1.01.

                	
                  Purchase
                    and Sale of the Shares

                	1
	
                  SECTION
                    1.02.

                	
                  Closing
                    Date

                	1
	
                  SECTION
                    1.03.

                	
                  Transactions
                    to Be Effected at the
                    Closing

                	2
	
                  SECTION
                    1.04.

                	
                  Purchase
                    Price Adjustment

                	2
	 	
                   

                  ARTICLE
                    II

                   

                	 
	 	
                  Representations
                    and Warranties Relating to Seller and
                    the Shares

                   

                	 
	
                  SECTION
                    2.01.

                	
                  Organization,
                    Standing and Power

                	 6
	
                  SECTION
                    2.02.

                	
                  Authority;
                    Execution and Delivery;
                    Enforceability

                	 6
	
                  SECTION
                    2.03.

                	
                  No
                    Conflicts; Consents

                	 7
	
                  SECTION
                    2.04.

                	
                  The
                    Shares

                	 7
	 	
                   

                  ARTICLE
                    III

                   

                	 
	 	
                  Representations
                    and Warranties Relating to the
                    Transferred Companies

                   

                	 
	
                  SECTION
                    3.01.

                	
                  Organization
                    and Standing; Books and
                    Records

                	8
	
                  SECTION
                    3.02.

                	
                  Capital
                    Stock of the Subsidiaries

                	9
	
                  SECTION
                    3.03.

                	
                  No
                    Conflicts; Consents

                	10 
	
                  SECTION
                    3.04.

                	
                  Financial
                    Statements

                	10 
	
                  SECTION
                    3.05.

                	
                  Assets
                    Other than Real Property
                    Interests

                	11
	
                  SECTION
                    3.06.

                	
                  Real
                    Property

                	11
	
                  SECTION
                    3.07.

                	
                  Intellectual
                    Property

                	12 
	
                  SECTION
                    3.08.

                	
                  Contracts

                	13 
	
                  SECTION
                    3.09.

                	
                  Permits

                	16 
	
                  SECTION
                    3.10.

                	
                  Taxes

                	16 
	
                  SECTION
                    3.11.

                	
                  Proceedings

                	18 
	
                  SECTION
                    3.12.

                	
                  Benefit
                    Plans

                	18 
	
                  SECTION
                    3.13.

                	
                  Absence
                    of Changes or Events

                	19 
	
                  SECTION
                    3.14.

                	
                  Compliance
                    with Applicable Laws

                	20
	
                  SECTION
                    3.15.

                	
                  Compliance
                    with Applicable Environmental
                    Laws

                	21 
	
                  SECTION
                    3.16.

                	
                  Employee
                    and Labor Matters

                	22 
	
                  SECTION
                    3.17.

                	
                  Transactions
                    with Affiliates

                	22 
	
                  SECTION
                    3.18.

                	
                  Finance
                    Leases

                	22 

        

         

         

         

        
          
            
            

          

          
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                  ARTICLE
                    IV

                   

                	 
	 	
                  Representations
                    and Warranties of
                    Purchaser

                   

                	 
	
                  SECTION
                    4.01.

                	
                  Organization,
                    Standing and Power

                	23 
	
                  SECTION
                    4.02.

                	
                  Authority;
                    Execution and Delivery;
                    Enforceability

                	23 
	
                  SECTION
                    4.03.

                	
                  No
                    Conflicts; Consents

                	23 
	
                  SECTION
                    4.04.

                	
                  Litigation

                	24 
	
                  SECTION
                    4.05.

                	
                  Securities
                    Act

                	24 
	
                  SECTION
                    4.06.

                	
                  Availability
                    of Funds

                	24 
	 	
                   

                  ARTICLE
                    V

                   

                	 
	 	
                  Covenants

                   

                	 
	
                  SECTION
                    5.01.

                	
                  Covenants
                    Relating to Conduct of
                    Business

                	24 
	
                  SECTION
                    5.02.

                	
                  Access
                    to Information

                	27 
	
                  SECTION
                    5.03.

                	
                  Confidentiality

                	27
	
                  SECTION
                    5.04.

                	
                  Reasonable
                    Best Efforts

                	27 
	
                  SECTION
                    5.05.

                	
                  Expenses;
                    Transfer Taxes

                	28 
	
                  SECTION
                    5.06.

                	
                  Brokers
                    or Finders

                	28 
	
                  SECTION
                    5.07.

                	
                  Tax
                    Matters

                	28 
	
                  SECTION
                    5.08.

                	
                  Post-Closing
                    Cooperation

                	30 
	
                  SECTION
                    5.09.

                	
                  Publicity

                	31 
	
                  SECTION
                    5.10.

                	
                  Agreement
                    Not To Compete; No Hire or Solicitation of
                    Transferred Employees

                	31 
	
                  SECTION
                    5.11.

                	
                  Resignations

                	32 
	
                  SECTION
                    5.12.

                	
                  Further
                    Assurances

                	32 
	
                  SECTION
                    5.13.

                	
                  Replacement
                    of Credit Support

                	32 
	
                  SECTION
                    5.14.

                	
                  Intercompany
                    Advances, Debt and Receivables; Existing
                    Financing

                	33 
	
                  SECTION
                    5.15.

                	
                  Transition
                    Services

                	34 
	
                  SECTION
                    5.16.

                	
                  Certain
                    Contracts

                	34 
	
                  SECTION
                    5.17.

                	
                  Books
                    and Records

                	35 
	
                  SECTION
                    5.18.

                	
                  No
                    Use of the Ashland Name

                	35 
	
                  SECTION
                    5.19.

                	
                  Insurance

                	36 
	 	
                   

                  ARTICLE
                    VI

                   

                	 
	 	
                  Employee
                    Matters

                   

                	 
	
                  SECTION
                    6.01.

                	
                  Non-Transferred
                    Employees

                	37 
	
                  SECTION
                    6.02.

                	
                  Transferred
                    Employees

                	38 
	
                  SECTION
                    6.03.

                	
                  Benefits

                	39 
	
                  SECTION
                    6.04.

                	
                  Employee-Related
                    Liabilities

                	40 
	
                  SECTION
                    6.05.

                	
                  Compliance
                    with Local Law

                	41 

        

         

         

        
          
            
            

          

          
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                  ARTICLE
                    VII

                   

                	 
	 	
                  Conditions
                    Precedent

                   

                	 
	
                  SECTION
                    7.01.

                	
                  Conditions
                    to Each Party’s
                    Obligation

                	42 
	
                  SECTION
                    7.02.

                	
                  Conditions
                    to Obligation of
                    Purchaser

                	43 
	
                  SECTION
                    7.03.

                	
                  Conditions
                    to Obligation of
                    Seller

                	44 
	
                  SECTION
                    7.04.

                	
                  Effect
                    of Certain Waivers of Closing
                    Conditions

                	45 
	 	
                   

                  ARTICLE
                    VIII

                   

                	 
	 	
                  Termination,
                    Amendment and Waiver

                   

                	 
	
                  SECTION
                    8.01.

                	
                  Termination

                	45
	
                  SECTION
                    8.02.

                	
                  Effect
                    of Termination

                	46 
	
                  SECTION
                    8.03.

                	
                  Amendments
                    and Waivers

                	46 
	 	
                   

                  ARTICLE
                    IX

                   

                	 
	 	
                  Indemnification

                   

                	 
	
                  SECTION
                    9.01.

                	
                  Tax
                    Indemnification

                	46 
	
                  SECTION
                    9.02.

                	
                  Other
                    Indemnification by Seller

                	48 
	
                  SECTION
                    9.03.

                	
                  Other
                    Indemnification by Purchaser and
                    APAC.

                	50 
	
                  SECTION
                    9.04.

                	
                  Calculation
                    of Losses

                	52 
	
                  SECTION
                    9.05.

                	
                  Termination
                    of Indemnification

                	52 
	
                  SECTION
                    9.06.

                	
                  Procedures

                	53 
	
                  SECTION
                    9.07.

                	
                  Survival
                    of Representations

                	56 
	
                  SECTION
                    9.08.

                	
                  Limitations
                    on Liability

                	57 
	
                  SECTION
                    9.09.

                	
                  No
                    Additional Representations

                	57 
	
                  SECTION
                    9.10.

                	
                  LIMITATIONS
                    OF REPRESENTATIONS, WARRANTIES AND
                    COVENANTS OF SELLER

                	57 
	 	
                   

                  ARTICLE
                    X

                   

                	 
	 	
                  General
                    Provisions

                   

                	 
	
                  SECTION
                    10.01.

                	
                  Assignment

                	58 
	
                  SECTION
                    10.02.

                	
                  No
                    Third Party Beneficiaries

                	58 
	
                  SECTION
                    10.03.

                	
                  Attorney
                    Fees

                	58 
	
                  SECTION
                    10.04.

                	
                  Notices

                	58 
	
                  SECTION
                    10.05.

                	
                  Interpretation;
                    Exhibits; Seller Disclosure
                    Schedule; Certain Definitions

                	59 
	
                  SECTION
                    10.06.

                	
                  Counterparts

                	64 
	
                  SECTION
                    10.07.

                	
                  Entire
                    Agreement

                	64 
	
                  SECTION
                    10.08.

                	
                  Severability

                	64 
	
                  SECTION
                    10.09.

                	
                  Consent
                    to Jurisdiction

                	65 
	
                  SECTION
                    10.10.

                	
                  Governing
                    Law

                	65 

        

         

         

        
          
            
            

          

          
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                  SECTION
                    10.11.

                	
                  Waiver
                    of Jury Trial

                	65 
	
                  SECTION
                    10.12.

                	
                  Specific
                    Performance

                	65 
	
                  Exhibit
                    A

                	
                  Form
                    of Transition Services Agreement

                	 
	
                  Exhibit
                    B

                	
                  Form
                    of APAC Indemnity Letter

                	 
	
                  Exhibit
                    C

                	
                  Form
                    of Assignment and Acceptance

                	 

        
 

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

        
          
            
            

          

          
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      STOCK
        PURCHASE AGREEMENT

       

      STOCK
        PURCHASE AGREEMENT, dated as of August 19, 2006, between ASHLAND INC., a
        Kentucky corporation (“Seller”),
        and
        OLDCASTLE MATERIALS, INC., a Delaware corporation (“Purchaser”)
        (this
“Agreement”).

       

      Purchaser
        desires to purchase from Seller, and Seller desires to sell to Purchaser,
        all
        the issued and outstanding shares of no par value common stock (the
“Shares”)
        of
        Ashland Paving And Construction, Inc. (“APAC”).
        APAC
        and its Subsidiaries are collectively referred to herein as the “Transferred
        Companies”.

       

      Certain
        capitalized terms used in this Agreement are defined in Section 10.05(c).
        Section 10.05(c) also identifies other Sections of this Agreement in which
        capitalized terms used in this Agreement are defined.

       

      Accordingly,
        the parties hereby agree as follows:

       

      ARTICLE
        I

       

       

      Purchase
        and Sale of the Shares; Closing

       

      SECTION
        1.01.  Purchase
        and Sale of the Shares.
        On the
        terms and subject to the conditions of this Agreement, at the Closing, Seller
        shall sell, transfer and deliver to Purchaser, and Purchaser shall purchase
        from
        Seller, the Shares for an aggregate purchase price of $1,300,000,000 (the
        “Purchase
        Price”),
        payable as set forth below in Section 1.03 and subject to adjustment as provided
        in Section 1.04. The purchase and sale of the Shares is referred to in this
        Agreement as the “Acquisition”.

       

      SECTION
        1.02.  Closing
        Date.
        The
        closing of the Acquisition (the “Closing”)
        shall
        take place at the offices of Cravath, Swaine & Moore LLP, 825 Eighth Avenue,
        New York, New York 10019, at 10:00 a.m. on the second (2nd) business day
        following the satisfaction (or, to the extent permitted, the waiver by the
        party
        entitled to the benefits thereof) of the conditions set forth in Article
        VII,
provided
        that
        (i) if such second (2nd) business day is not a Monday then the Closing
        shall take place on the next following Monday and (ii) if such next
        following Monday is not August 28, 2006 or October 2, 2006, then the Closing
        shall take place on the tenth (10th) business day following satisfaction
        (or, to
        the extent permitted, the waiver by the party entitled to the benefits thereof)
        of all the conditions set forth in Article VII, provided
        further
        that if such tenth (10th) business day is not a Monday, the Closing shall
        take
        place on the next following Monday. Notwithstanding the foregoing, (a) the
        Closing shall not in any event take place prior to August 28, 2006 and (b)
        the
        Closing may take place at such other place, time and date as shall be agreed
        between Seller and Purchaser. The date on which the Closing occurs is referred
        to in this Agreement as the “Closing
        Date”.

       

       

      
        
          
          

        

        
          
          

          
            

          

        

        
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              SECTION
        1.03.  Transactions
        to Be Effected at the Closing.
        At the
        Closing:

       

      (a)
        Seller shall deliver to Purchaser (i) certificates representing the Shares,
        duly endorsed in blank or accompanied by stock powers duly endorsed in blank
        in
        proper form for transfer, with appropriate transfer tax stamps, if any, affixed,
        and (ii) such other documents as Purchaser or its counsel may reasonably
        request to demonstrate satisfaction of the conditions and compliance with
        the
        covenants set forth in this Agreement.

       

                      (b)
        Purchaser shall
        deliver to Seller (i) payment, by wire transfer to a bank account designated
        in
        writing by Seller (such designation to be made at least two (2) business
        days
        prior to the Closing Date), in immediately available funds in an amount equal
        to
        (A) the Purchase Price, plus or minus (B) an estimate, prepared by Seller
        and
        delivered to Purchaser on
        the
        date hereof, of
        any
        increase or decrease to the Purchase Price under Section 1.04 (the Purchase
        Price plus or minus such estimate of any increase or decrease under Section
        1.04
        hereinafter called the “Closing
        Date Amount”),
        plus
        (C) the aggregate amount of the Termination Payments paid or payable to
        Terminated Employees under Section 6.01(a), and (ii) such other documents
        as
        Seller or its counsel may reasonably request to demonstrate satisfaction
        of the
        conditions and compliance with the covenants set forth in this
        Agreement.

       

      SECTION
        1.04.   Purchase
        Price Adjustment.
        (a)
        Within ninety (90) days after the Closing Date, Seller shall prepare and
        deliver
        to Purchaser a statement (the “Statement”),
        setting forth the Balance Sheet Amount as of the open of business on the
        Closing
        Date (the “Closing
        Balance Sheet Amount”)
        and
        substantially in the form as set forth on Schedule 1.04 of the Seller Disclosure
        Schedule.

       

      (b)
        (i)
        The term “Balance
        Sheet Amount”
means
        Specified Assets minus Specified Liabilities. The term “Specified
        Assets”
means
        Accounts Receivable, net; Construction in Progress; Inventories; Other Current
        Assets; Investment in Equity Affiliates and Other Noncurrent Assets, in each
        case, of the Transferred Companies, all calculated in accordance with the
        Specified Requirements, and all as adjusted pursuant to
        Section 1.04(b)(ii). The term “Specified
        Liabilities”
means
        Trade and Other Payables; Billings in Excess of Costs and Estimated Earnings;
        Other Long-term Liabilities, in each case, of the Transferred Companies,
        all
        calculated in accordance with the Specified Requirements, and all as adjusted
        pursuant to Section 1.04(b)(ii).

       

              (ii)
        Notwithstanding
        the foregoing, the following items (each, an “Excluded
        Item”)
        shall
        not be taken into account in determining the Balance Sheet Amount: (A) cash
        and cash equivalents (other than petty cash included in Other Noncurrent
        Assets), (B) receivables and payables between any Transferred Company, on
        the one hand, and the Seller or any of its affiliates (other than a Transferred
        Company), on the other hand (other than Permitted Intercompany Receivables
        and
        Payables); (C) the book value of energy derivative instruments;
        (D) prepaid insurance premiums (other than prepaid surety bond premiums
        paid to Seller or Seller’s captive insurer for individual construction jobs);
        (E) employment, compensation and employee benefits-related liabilities retained
        by Seller and its affiliates with respect to the current portion of pension
        liability, the Tanner Supplemental Executive Retirement Plan and incentive
        compensation obligations payable by Seller pursuant to Section 6.04(c)(ii);
        and
        (F) liability for any remaining purchase price payment under the Wedowee
        quarry
        acquisition, all calculated in accordance with the Specified Requirements.
        For
        the avoidance of doubt, the Balance Sheet Amount shall not include any amounts
        related to income Taxes or deferred income Taxes or any amounts related to
        any
        long-term disability liabilities, pension liabilities or retiree welfare
        liabilities, in each case to the extent retained by Seller pursuant to
        Section 6.04(c)(i).

       

       

      
        
          
          

        

        
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              (iii)
        If, in
        connection with the preparation or review of the Statement, Seller or Purchaser,
        as applicable, shall identify a Processing Error on the accounting books
        and
        records of the Transferred Companies as of the open of business on the Closing
        Date, then both the Balance Sheet Amount as of the open of business on the
        Closing Date and, if and to the extent the same Processing Error was also
        reflected in the Target Amount, the Target Amount shall be adjusted to correct
        such Processing Error. The term “Processing
        Error”
means
        a
        processing or mathematical error in the recording of any amount included
        in the
        Closing Balance Sheet Amount. For the avoidance of doubt, a Processing Error
        shall not include any differing views between Seller and Purchaser with respect
        to judgments, estimations, assumptions or the application of GAAP.

       

              (iv)
        Except as and to
        the extent expressly provided in Section 1.04(b)(iii), (A) the Closing
        Balance Sheet Amount is to be calculated by applying United States generally
        accepted accounting principles (“GAAP”),
        or
        exclusions thereto or deviations therefrom, in the same way, using the same
        methods, principles, conventions, policies and procedures as the amounts
        comprising the Target Amount were calculated (the parties acknowledge that
        the
        Target Amount is the Balance Sheet Amount as of September 30, 2005, calculated
        based on the Specified Assets, Specified Liabilities and Excluded Items
        reflected in the Balance Sheet); (B) for purposes of calculating the
        Closing Balance Sheet Amount, no changes made in any reserve or other account
        existing as of the Balance Sheet Date shall be taken into account except
        for
        changes as a result of any fact, circumstance or event occurring after the
        Balance Sheet Date and, in such event, only in a manner consistent with past
        practices, provided
        that the
        parties agree that reserves for incurred but not reported claims (IBNR) shall
        be
        calculated using the same methods, principles, conventions, policies and
        procedures that were applied by Seller in its fiscal year-end closing on
        September 30, 2005, including actuarial review by Marsh & McLennan Companies
        Inc; (C) the parties agree that the adjustment contemplated by this Section
        1.04 is intended to show the change in those items comprising the Balance
        Sheet
        Amount from the Balance Sheet Date to the Closing Date, and such change can
        only
        be measured if the calculation is done in the same way, using the same methods,
        principles, conventions, policies and procedures, for both dates; and
        (D) following the Closing, to the extent Purchaser takes any actions with
        respect to the accounting books and records of the Transferred Companies
        on
        which the Statement is to be based that are not consistent with the Transferred
        Companies’ past practices, such changes shall not be taken into account in
        calculating the Closing Balance Sheet Amount. In furtherance of the foregoing,
        except for any Processing Errors, any items on or omissions from the
        Balance Sheet that are based upon errors or that are not in accordance with
        GAAP
        shall be retained for purposes of calculating the Closing Balance Sheet Amount.
        The requirements of this Section 1.04(b)(iv) are referred to herein as the
        “Specified
        Requirements”.

       

      
         

        
          
            
            

          

          
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                      (c)
        (i) The Statement
        shall become final and binding upon the parties on the sixtieth (60th) day
        following delivery thereof, unless Purchaser gives written notice of its
        disagreement with the Statement (a “Notice
        of Disagreement”)
        to
        Seller prior to such date. Any Notice of Disagreement shall (A) specify in
        reasonable detail the nature of any disagreement so asserted and (B) only
        include disagreements based on mathematical errors on the Statement or based
        on
        the Closing Balance Sheet Amount not being calculated in accordance with
        this
        Section 1.04 (including the Specified Requirements). Notwithstanding the
        foregoing, Purchaser shall not deliver to Seller a Notice of Disagreement,
        and
        no adjustment to the Purchase Price contemplated by this Section 1.04 shall
        be
        effected, unless such Notice of Disagreement shall specify an adjustment
        to the
        Closing Balance Sheet Amount in excess of $3,000,000 and otherwise satisfies
        the
        requirements of this Section 1.04.

       

              (ii)
        If a Notice of
        Disagreement is received by Seller in a timely manner, then the Statement
        (as
        revised in accordance with this sentence) shall become final and binding
        upon
        Seller and Purchaser on the earlier of (A) the date Seller and Purchaser
        resolve
        in writing any differences they have with respect to the matters specified
        in
        the Notice of Disagreement and (B) the date any disputed matters specified
        in
        the Notice of Disagreement are finally resolved in writing by the Accounting
        Firm. During the thirty (30)-day period following the delivery of a Notice
        of
        Disagreement, Seller and Purchaser shall seek in good faith to resolve in
        writing any differences that they may have with respect to the matters specified
        in the Notice of Disagreement. At the end of such thirty (30)-day period,
        Seller
        and Purchaser shall submit to an independent accounting firm (the “Accounting
        Firm”)
        for
        arbitration any and all matters that remain in dispute and were properly
        included in the Notice of Disagreement. The scope of the disputes to be resolved
        by the Accounting Firm shall be limited to whether there were mathematical
        errors on the Statement or whether the Closing Balance Sheet Amount was not
        calculated in accordance with the provisions of this Section 1.04 (including
        the
        Specified Requirements), and the Accounting Firm is not to make any other
        determination, including any determination as to whether GAAP was followed
        for
        the Balance Sheet or the Statement (in each case, except to the extent required
        to establish that the Specified Requirements were not applied uniformly and
        consistently for the Balance Sheet and the Statement) or whether the Target
        Amount is correct. Without limiting the generality of the foregoing, the
        Accounting Firm is not authorized or permitted to make any determination
        as to
        the accuracy of Section 3.04 or any other representation or warranty in this
        Agreement or as to compliance by Seller with any of its covenants in this
        Agreement (other than in this Section 1.04). Any determinations by the
        Accounting Firm, and any work or analyses performed by the Accounting Firm,
        in
        connection with its arbitration of any dispute under this Section 1.04 shall
        not
        be admissible in evidence in any suit, action or proceeding between the parties
        other than to the extent necessary to enforce payment obligations under Section
        1.04(e). The Accounting Firm shall be PricewaterhouseCoopers LLP or, if such
        firm is unable or unwilling to act, such other nationally recognized independent
        public accounting firm as shall be agreed upon by the parties hereto in writing.
        The Accounting Firm shall be instructed to render its determination of all
        matters submitted to it within sixty (60) days following submission. Judgment
        may be entered upon the determination of the Accounting Firm in any court
        having
        jurisdiction over the party against which such determination is to be enforced.
        The cost of any arbitration (including the fees and expenses of the Accounting
        Firm and reasonable attorney fees and expenses of the parties) pursuant to
        this
        Section 1.04(c) shall be borne by Purchaser and Seller in inverse proportion
        as
        they may prevail on matters resolved by the Accounting Firm, which proportionate
        allocations shall also be determined by the Accounting Firm at the time the
        determination of the Accounting Firm is rendered on the merits of the matters
        submitted. The fees and disbursements of Seller’s independent auditors incurred
        in connection with their review of the Statement and review of any Notice
        of
        Disagreement shall be borne by Seller, and the fees and disbursements of
        Purchaser’s independent auditors incurred in connection with their review of the
        Statement shall be borne by Purchaser.

       

       

      
        
          
          

        

        
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      (d)
        Purchaser shall assist, and shall cause the Transferred Companies to assist,
        Seller in the preparation of the Statement. Purchaser acknowledges that Seller’s
        independent auditors may participate in the preparation of the Statement.
        During
        the period of time from and after the Closing Date through the date on which
        the
        Statement becomes final and binding on the parties (the “Finalization
        Period”),
        Purchaser shall afford, and shall cause the Transferred Companies to afford,
        to
        Seller and any of its independent auditors, counsel or financial advisers
        retained by Seller in connection with the preparation of the Statement and
        any
        adjustment to the Purchase Price contemplated by this Section 1.04 and to
        the
        Accounting Firm, reasonable access during normal business hours to all the
        properties, books, contracts, personnel and records of the Transferred Companies
        relevant to the preparation of the Statement and the adjustment contemplated
        by
        this Section 1.04, and, if Purchaser shall deliver a Notice of Disagreement
        to
        Seller, to the working papers of Purchaser and Purchaser’s auditors, if any,
        prepared in connection with the Notice of Disagreement. If, during the
        Finalization Period, Purchaser takes any action with respect to the data
        contained in the accounting books and records of the Transferred Companies
        as of
        the open of business on the Closing Date on which the Statement is to be
        based
        that is not consistent with the Transferred Companies’ past practices, Purchaser
        shall promptly advise Seller of such action and shall preserve the data as
        of
        the open of business on the Closing Date without any change resulting from
        such
        action. Following Purchaser’s receipt of the Statement through the date on which
        the Statement becomes final and binding on the parties, Seller shall afford,
        and
        shall cause its affiliates to afford, to Purchaser and any accountants, counsel
        or financial advisers retained by Purchaser in connection with any adjustment
        to
        the Purchase Price contemplated by this Section 1.04 and to the Accounting
        Firm
        reasonable access during normal business hours to all the properties, books,
        contracts, personnel and records of Seller relevant to the adjustment
        contemplated by this Section 1.04, including to the extent reasonably required
        to establish the methods, principles, conventions, policies and procedures,
        including GAAP and exceptions thereto and deviations therefrom, that were
        applied in the preparation of the Balance Sheet, the Target Amount and the
        Statement.

       

       

      
        
          
          

        

        
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      (e)
        The
        Purchase Price shall be increased by the amount by which the Closing Balance
        Sheet Amount exceeds $193,963,000 (the “Target
        Amount”),
        plus
        or minus, as applicable, the aggregate amount of adjustments, if any, to
        the
        Target Amount pursuant to Section 1.04(b)(iii) (the Target Amount, as so
        adjusted, the “Adjusted
        Target Amount”),
        and
        the Purchase Price shall be decreased by the amount by which the Closing
        Balance
        Sheet Amount is less than the Adjusted Target Amount (the Purchase Price
        as so
        increased or decreased shall hereinafter be referred to as the “Adjusted
        Purchase Price”).
        If
        the Closing Date Amount is less than the Adjusted Purchase Price, Purchaser
        shall, and if the Closing Date Amount is more than the Adjusted Purchase
        Price,
        Seller shall, within 10 business days after the Statement becomes final and
        binding on the parties, make payment by wire transfer in immediately available
        funds of the amount of such difference, together with interest thereon at
        a rate
        equal to the rate of interest announced publicly by Citibank, N.A., as its
        prime
        rate on the last business day preceding the Closing Date, calculated on the
        basis of the actual number of days elapsed, divided by 365, from the Closing
        Date to the date of payment.

       

      ARTICLE
        II

       

      Representations
        and Warranties

      Relating
        to Seller and the Shares

       

      Except
        as
        set forth in the Schedule of the Seller Disclosure Schedule attached hereto
        (the
“Seller
        Disclosure Schedule”)
        referenced in the corresponding representation or warranty or as set forth
        in
        the last sentence of Section 10.05(b), Seller hereby represents and
        warrants to Purchaser as follows:

       

      SECTION
        2.01.  Organization,
        Standing and Power.
        Seller
        is duly organized, validly existing and in good standing under the laws of
        the
        jurisdiction in which it is organized. Seller has made available to Purchaser
        true and complete copies of its certificate of incorporation and by-laws,
        in
        each case as amended through the date of this Agreement.

       

                        
SECTION
        2.02.  Authority;
        Execution and Delivery; Enforceability. Seller has full corporate
        power and authority to execute this Agreement, the Transition Services Agreement
        and the other agreements and instruments to be executed and delivered in
        connection with this Agreement (together with the Transition Services Agreement,
        collectively, the “Ancillary Agreements”) to which it is, or is specified to be,
        a party, to perform its obligations hereunder and thereunder and to consummate
        the Acquisition and the other transactions contemplated hereby and thereby.
        The
        execution and delivery by Seller of this Agreement and the Ancillary Agreements
        to which it is, or is specified to be, a party, the performance by Seller
        of its
        obligations hereunder and thereunder and the consummation by Seller of the
        Acquisition and the other transactions contemplated hereby and thereby have
        been
        duly authorized by all necessary corporate action. Seller has duly executed
        and
        delivered this Agreement and, at or prior to the Closing, will have duly
        executed and delivered each Ancillary Agreement to which it is, or is specified
        to be, a party, and this Agreement constitutes, and each Ancillary Agreement
        to
        which it is, or is specified to be, a party will at and after the Closing
        constitute, its legal, valid and binding obligation, enforceable against
        it in
        accordance with its terms.

       

       

      
        
          
          

        

        
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      SECTION
        2.03.  No
        Conflicts; Consents.
        Except
        as set forth on Schedule 2.03 of the Seller Disclosure Schedule, the execution
        and delivery by Seller of this Agreement do not, the execution and delivery
        by
        Seller of each Ancillary Agreement to which it is, or is specified to be,
        a
        party will not, and the consummation of the Acquisition and the other
        transactions contemplated hereby and thereby and compliance by Seller with
        the
        terms hereof and thereof will not conflict with, result in any violation
        of or
        default (with or without notice or lapse of time, or both) under, give rise
        to a
        right of termination, cancellation or acceleration of any obligation or loss
        of
        a material benefit under, result in the creation of any Lien upon any of
        the
        properties or assets of Seller or require the consent of any person other
        than a
        Governmental Entity under any provision of (i) the certificate of incorporation
        or by-laws of Seller, each as amended to the date hereof, (ii) any contract,
        lease, license, indenture, agreement, commitment or other legally binding
        arrangement (a “Contract”)
        to
        which Seller is a party or by which any of its properties or assets is bound
        or
        (iii) any judgment, injunction, writ, order, binding arbitration determination
        or decree (“Judgment”)
        or
        statute, law, ordinance, rule or regulation (“Applicable
        Law”)
        applicable to Seller or its properties or assets, other than, in the case
        of
        clause (ii) above, any such items that, individually or in the aggregate,
        have
        not had and would not reasonably be expected to have a material adverse effect
        on the ability of Seller to perform its obligations under this Agreement
        and the
        Ancillary Agreements and otherwise consummate the transactions contemplated
        hereby and thereby. No consent, approval, license, permit, order or
        authorization (“Consent”)
        of, or
        registration, declaration or filing with, any Federal, state, local or foreign
        government or any court of competent jurisdiction, administrative agency,
        governmental arbitral body or commission or other governmental authority
        or
        instrumentality, domestic or foreign, (a “Governmental
        Entity”)
        is
        required to be obtained or made by or with respect to Seller in connection
        with
        the execution, delivery and performance of this Agreement or any Ancillary
        Agreement or the consummation of the Acquisition or the other transactions
        contemplated hereby and thereby, other than (A) compliance with and filings
        under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the
“HSR
        Act”),
        (B)
        compliance with and such filings and notifications as may be required under
        applicable state property transfer laws or other Environmental Laws, (C)
        those
        that may be required solely by reason of Purchaser’s (as opposed to any other
        third party’s) participation in the Acquisition and the other transactions
        contemplated hereby and by the Ancillary Agreements and (D) such Consents,
        registrations, declarations and filings the absence of which, or the failure
        to
        make or obtain which, individually or in the aggregate, would not reasonably
        be
        expected to have a material adverse effect on the ability of Seller to perform
        its obligations under this Agreement and the Ancillary Agreements and otherwise
        consummate the transactions contemplated hereby and thereby.

       

      SECTION
        2.04.   The
        Shares.
        (a)
        Seller has good and valid title to the Shares, free and clear of all Liens.
        Assuming Purchaser has the requisite power and authority to be the lawful
        owner
        of the Shares, upon delivery to Purchaser at the Closing of certificates
        representing the Shares, duly endorsed by Seller for transfer to Purchaser,
        and
        upon Seller’s receipt of the Closing Date Amount, good and valid title to the
        Shares will pass to Purchaser, free and clear of any Liens, other than those
        arising from acts of Purchaser or its affiliates. Other than this Agreement,
        the
        Shares are not subject to any voting trust agreement or other Contract,
        including any Contract restricting or otherwise relating to the voting, dividend
        rights or disposition of the Shares.

       

       

      
        
          
          

        

        
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      (b)
        The
        authorized capital stock of APAC consists of 1,000 authorized shares of Common
        Stock, no par value, of which 10 shares, constituting the Shares, are issued
        and
        outstanding. Except for the Shares, there are no shares of capital stock
        or
        other equity securities of APAC issued, reserved for issuance or
        outstanding.

       

      (c)
        The
        Shares are duly authorized, validly issued, fully paid and nonassessable
        and not
        subject to or issued in violation of any purchase option, call option, right
        of
        first refusal, preemptive right, subscription right or any similar right
        (a
“Share
        Right”)
        under
        any provision of the Delaware General Corporation Law, the certificate of
        incorporation or by-laws of APAC or any Contract to which APAC is a party
        or
        otherwise bound.

       

      (d)
        There
        are not any bonds, debentures, notes or other indebtedness of APAC having
        the
        right to vote (or convertible into, or exchangeable for, securities having
        the
        right to vote) on any matters on which holders of the Shares may vote
        (“Voting
        Company Debt”).
        Except as set forth on Schedule 2.04 of the Seller Disclosure Schedule, as
        of the date of this Agreement, there are not any options, warrants, rights,
        convertible or exchangeable securities, “phantom” stock rights, stock
        appreciation rights, stock-based performance units, commitments, Contracts,
        arrangements or undertakings of any kind to which APAC or Seller is a party
        or
        by which it is bound (i) obligating APAC or Seller to issue, deliver or
        sell, or cause to be issued, delivered or sold, additional shares of capital
        stock or other equity interests in, or any security convertible or exercisable
        for or exchangeable into any capital stock of or other equity interest in,
        APAC
        or any Voting Company Debt, (ii) obligating APAC or Seller to issue, grant,
        extend or enter into any such option, warrant, call, right, security,
        commitment, Contract, arrangement or undertaking or (iii) giving any person
        the right to receive any economic benefit or right similar to or derived
        from
        the economic benefits and rights occurring to holders of Shares. As of the
        date
        of this Agreement, there are not any outstanding contractual obligations
        of APAC
        to repurchase, redeem or otherwise acquire any Shares.

       

      ARTICLE
        III

       

      Representations
        and Warranties

      Relating
        to the Transferred Companies

       

      Except
        as
        set forth in the Schedule of the Seller Disclosure Schedule referenced in
        the
        corresponding representation or warranty or as set forth in the last sentence
        of
        Section 10.05(b), Seller hereby represents and warrants to Purchaser as
        follows:

       

      SECTION
        3.01.  Organization
        and Standing; Books and Records.

       

      (a)
        Each
        of the Transferred Companies is a corporation duly organized, validly existing
        and in good standing under the laws of its jurisdiction of organization,
        which
        jurisdiction is set forth in Schedule 3.01 of the Seller Disclosure Schedule.
        Each of the Transferred Companies is duly qualified to do business and in
        good
        standing as a foreign corporation in each jurisdiction in which the conduct
        or
        nature of its business or the ownership, leasing or holding of its properties
        makes such qualification necessary, except such jurisdictions where the failure
        to be so qualified or in good standing, individually or in the aggregate,
        would
        not reasonably be expected to have a Company Material Adverse
        Effect.

       

       

       

       

       

       

       

      
        
          
          

        

        
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      (b)
        Seller has delivered to Purchaser true and complete copies of the certificate
        of
        incorporation and by-laws, each as amended to the date hereof, of each of
        the
        Transferred Companies. The stock certificate and transfer books and the minute
        books of each of the Transferred Companies (which have been made available
        for
        inspection by Purchaser prior to the date hereof) are true and complete in
        all
        material respects as of the date hereof.

       

      SECTION
        3.02.  Capital
        Stock of the Subsidiaries.
        (a)
        Schedule 3.02 of the Seller Disclosure Schedule sets forth for each Subsidiary
        the amount of its authorized capital stock, the amount of its outstanding
        capital stock and the record and beneficial owners of its outstanding capital
        stock. Except as set forth in Schedule 3.02 of the Seller Disclosure Schedule,
        there are no shares of capital stock or other equity securities of any
        Subsidiary issued, reserved for issuance or outstanding. All the outstanding
        shares of capital stock of each Subsidiary have been duly authorized and
        validly
        issued, are fully paid and nonassessable and are not subject to or issued
        in
        violation of any Share Right under any provision of any Applicable Law,
        certificate of incorporation or by-laws (or other equivalent organizational
        document) of the Subsidiaries or any Contract to which any Subsidiary is
        a party
        or otherwise bound, except for such violations that, individually or in the
        aggregate, would not reasonably be expected to have a Company Material Adverse
        Effect. There are not any bonds, debentures, notes or other indebtedness
        of the
        Subsidiaries having the right to vote (or convertible into, or exchangeable
        for,
        securities having the right to vote) on any matters on which holders of the
        outstanding shares of any Subsidiary may vote (“Subsidiary
        Voting Company Debt”).
        Except as set forth in Schedule 3.02 of the Seller Disclosure Schedule, as
        of
        the date of this Agreement, there are not any options, warrants, rights,
        convertible or exchangeable securities, “phantom” stock rights, stock
        appreciation rights, stock-based performance units, commitments, Contracts,
        arrangements or undertakings of any kind to which any Transferred Company
        is a
        party or by which any of them is bound (i) obligating any Subsidiary to
        issue, deliver or sell, or cause to be issued, delivered or sold, additional
        shares of capital stock or other equity interests in, or any security
        convertible or exercisable for or exchangeable into any capital stock of
        or
        other equity interest in, or pledge or otherwise encumber any share of capital
        stock or other ownership interest in, any Transferred Company or any Subsidiary
        Voting Company Debt, (ii) obligating any Subsidiary to issue, grant, extend
        or
        enter into any such option, warrant, call, right, security, commitment,
        Contract, arrangement or undertaking or (iii) giving any person the right
        to
        receive any economic benefit or right similar to or derived from the economic
        benefits and rights occurring to holders of any shares of capital stock of
        any
        Subsidiary. As of the date of this Agreement, there are not any outstanding
        contractual obligations of any Transferred Company to repurchase, redeem
        or
        otherwise acquire any shares of capital stock of any Subsidiary.

       

      (b)
        Except for its interests in the Subsidiaries and except for the ownership
        interests set forth in Schedule 3.02 of the Seller Disclosure Schedule, none
        of
        the Transferred Companies, as of the date of this Agreement, owns, directly
        or
        indirectly, any capital stock, membership interest, partnership interest,
        joint
        venture interest or other equity interest.

       

       

       

      
        
          
          

        

        
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      SECTION
        3.03.  No
        Conflicts; Consents.
        Except
        as set forth on Schedule 3.03 of the Seller Disclosure Schedule, the execution
        and delivery by Seller of this Agreement does not, the execution and delivery
        by
        Seller of each Ancillary Agreement to which it is, or is specified to be,
        a
        party will not, and the consummation of the Acquisition and the other
        transactions contemplated hereby and thereby and compliance by Seller with
        the
        terms hereof and thereof will not conflict with, result in any violation
        of or
        default (with or without notice or lapse of time, or both) under, give rise
        to a
        right of termination, cancellation or acceleration of any obligation or to
        loss
        of a material benefit under, result in the creation of any Lien upon any
        of the
        properties or assets of the Transferred Companies or require the consent
        of any
        person other than a Governmental Entity under any provision of (i) the
        certificate of incorporation or by-laws of any of the Transferred Companies,
        (ii) any Contract to which any of the Transferred Companies, Seller or its
        subsidiaries is a party or by which any of the respective properties or assets
        of any of the Transferred Companies is bound or, in the case of Seller or
        any of
        its subsidiaries, that affect the operations of any of the Transferred Companies
        or (iii) any Judgment or Applicable Law applicable to any of the Transferred
        Companies or their respective properties or assets, other than, in the case
        of
        clauses (ii) and (iii) above, any such items that, individually or in the
        aggregate, have not had and would not reasonably be expected to have a Company
        Material Adverse Effect. No Consent of, or registration, declaration or filing
        with, any Governmental Entity is required to be obtained or made by or with
        respect to any of the Transferred Companies in connection with the execution,
        delivery and performance of this Agreement or any Ancillary Agreement or
        the
        consummation of the Acquisition or the other transactions contemplated hereby
        and thereby, other than (A) compliance with and filings under the HSR Act,
        (B)
        compliance with and such filings and notifications as may be required under
        applicable state property transfer laws or other Environmental Laws, (C)
        those
        that may be required solely by reason of Purchaser’s (as opposed to any other
        third party’s) participation in the Acquisition and the other transactions
        contemplated hereby and by the Ancillary Agreements and (D) such Consents,
        registrations, declarations and filings the absence of which, or the failure
        to
        make or obtain which, individually or in the aggregate, would not reasonably
        be
        expected to have a Company Material Adverse Effect.

       

      SECTION
        3.04.  Financial
        Statements.
        (a)
        Schedule 3.04(a) of the Seller Disclosure Schedule sets forth (i) the audited
        consolidated balance sheet of APAC and its Subsidiaries (including Limpus
        Quarries, Inc. “Limpus”)
        as of
        September 30, 2004 and September 30, 2005 (the “Balance
        Sheet Date”,
        and
        the balance sheet dated as of such date, the “Balance
        Sheet”)
        and
        the audited statements of consolidated income, statements of consolidated
        cash
        flows and statements of consolidated shareholders’ equity (deficit) of APAC and
        its Subsidiaries (including Limpus) for the periods as of and ended September
        30, 2003, September 30, 2004 and September 30, 2005, in each case together
        with
        all notes and schedules thereto and the independent auditors’ report of Ernst
& Young LLP thereon and (ii) the unaudited balance sheet, statements of
        consolidated income, statements of consolidated cash flows and statements
        of
        consolidated shareholders’ equity (deficit) of APAC and its Subsidiaries
        (including Limpus) on a consolidated basis for the nine-month period as of
        and
        ended June 30, 2006, together with all notes and schedules thereto (the
        financial statements referred to in clauses (i) and (ii), the “Financial
        Statements”).
        The
        Financial Statements have been prepared in conformity with GAAP consistently
        applied (except in each case as described in the notes thereto) and on that
        basis fairly present (subject, in the case of the unaudited statements, to
        normal, recurring year-end audit adjustments) the consolidated financial
        condition, results of operations and cash flows of APAC and its Subsidiaries
        (including Limpus) as of the respective dates thereof and for the respective
        periods indicated.

       

       

      
        
          
          

        

        
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      (b)
        No
        Transferred Company has any indebtedness or liability (whether accrued, fixed
        or
        contingent) of a nature required by GAAP to be reflected on a consolidated
        balance sheet or in the notes thereto, that has had or could reasonably be
        expected to have, individually or in the aggregate with other liabilities
        or
        indebtedness that are not Disclosed Liabilities, a Company Material Adverse
        Effect, except (i) as disclosed, reflected or reserved against in the
        Financial Statements, (ii) for liabilities incurred in the ordinary
        course of business of the Transferred Companies subsequent to June 30, 2006,
        (iii) indebtedness or liabilities that are set forth on
        Schedule 3.04(b) of the Seller Disclosure Schedule and (iv) for Taxes (the
        indebtedness and liabilities set forth in clauses (i) through (iv), the
“Disclosed
        Liabilities”).
        This
        representation shall not be deemed breached as a result of a change in
        Applicable Law or GAAP after the Closing Date.

       

                  SECTION
        3.05.  Assets
        Other than Real Property Interests.
        (a) A
        Transferred Company has good and valid title or
        a
        valid leasehold interest or license
        to all
        the material assets reflected on the Balance Sheet or thereafter acquired,
        other
        than those set forth in Schedule 3.05 of the Seller Disclosure Schedule or
        otherwise disposed of since the Balance Sheet Date in the ordinary course
        of
        business, in each case free and clear of all mortgages, liens, security
        interests, charges, easements, leases, subleases, covenants, rights of way,
        options, claims, restrictions or encumbrances of any kind (collectively,
        “Liens”),
        except (i) such Liens as are set forth in Schedule 3.05 of the Seller Disclosure
        Schedule, (ii) mechanics’, carriers’, workmen’s, repairmen’s or other like Liens
        arising or incurred in the ordinary course of business, Liens arising under
        original purchase price conditional sales contracts and equipment leases
        with
        third parties entered into in the ordinary course of business and Liens for
        Taxes that are not due and payable or that may thereafter be paid without
        penalty, (iii) Liens that secure obligations that are reflected as liabilities
        on the Balance Sheet or Liens the existence of which is referred to in the
        notes
        to the Balance Sheet and (iv) other imperfections of title or encumbrances,
        if
        any, that, individually or in the aggregate, do not materially impair, and
        would
        not reasonably be expected materially to impair, the continued use and operation
        of the assets to which they relate in the conduct of the business of the
        Transferred Companies as presently conducted (the Liens described above,
        together with the Liens referred to in clauses (ii) through (vi) of Section
        3.06, are referred to collectively as “Permitted
        Liens”).

       

      (b)
        This
        Section 3.05 does not relate to real property or interests in real property,
        such items being the subject of Section 3.06, or to Intellectual Property,
        such
        items being the subject of Section 3.07.

       

      SECTION
        3.06.  Real
        Property.
        (a)
        Schedule 3.06(a) of the Seller Disclosure Schedule sets forth, as of the
        date of
        this Agreement, a complete list of all real property and interests in real
        property owned in fee by any Transferred Company (individually, an “Owned
        Property”).
        Schedule 3.06(a) of the Seller Disclosure Schedule sets forth, as of the
        date of
        this Agreement, a complete list of all real property and interests in real
        property leased by any Transferred Company on terms that provide for a future
        liability in excess of $250,000 annually (individually, a “Leased
        Property”).
        A
        Transferred Company has good and insurable fee title to all Owned Property
        and
        good and valid title to the leasehold estates in all Leased Property (an
        Owned
        Property or Leased Property being sometimes referred to herein, individually,
        as
        an “APAC
        Property”),
        in
        each case free and clear of all Liens, except (i) Liens described in clause
        (ii), (iii) or (iv) of Section 3.05(a), (ii) such Liens as are set forth
        in
        Schedule 3.06(a) of the Seller Disclosure Schedule, (iii) leases, subleases
        and
        similar agreements set forth in Schedule 3.06(a) of the Seller Disclosure
        Schedule, (iv) easements, covenants, rights-of-way and other similar
        restrictions of record, (v) any conditions that may be shown by a current,
        accurate survey of any APAC Property, provided
        that
        such survey has been made available to Purchaser prior to the Closing, and
        (vi)
        (A) zoning, building and other similar restrictions, (B) Liens that have
        been
        placed by any developer, landlord or other third party on property over which
        a
        Transferred Company has easement rights or on any Leased Property and
        subordination or similar agreements relating thereto and (C) unrecorded
        easements, covenants, rights-of-way and other similar restrictions. None
        of the
        items set forth in clause (vi) above, individually or in the aggregate,
        materially impairs or would reasonably be expected materially to impair,
        the
        continued use and operation of APAC Property to which they relate in the
        conduct
        of the business of the Transferred Companies as presently conducted on such
        respective APAC Properties.

       

       

      
        
          
          

        

        
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      (b)
        Schedule 3.06(b) of the Seller Disclosure Schedule sets forth (i) each real
        property or interest in real property owned in fee by a Transferred Company
        that
        was sold, transferred or otherwise disposed of for consideration greater
        than
        $1,000,000 during the period from the Balance Sheet Date to the date of this
        Agreement and (ii) each real property or interest in real property that was
        leased by a Transferred Company on terms that provided for liability in excess
        of $250,000 annually as of the Balance Sheet Date and which expired and was
        not
        renewed or was otherwise terminated during the period from the Balance Sheet
        Date to the date of this Agreement, in each case, other than any such
        disposition or termination in the ordinary course of business.

       

                  SECTION
        3.07.  Intellectual
        Property.
        (a)
        Schedule 3.07 of the Seller Disclosure Schedule sets forth a true and complete
        list of all material Intellectual Property owned, used, filed by or licensed
        to
        any Transferred Company, other than unregistered designs and copyrights that,
        individually and in the aggregate, are not material to the conduct of the
        business of the Transferred Companies as presently conducted. The Intellectual
        Property set forth on Schedule 3.07 of the Seller Disclosure Schedule is
        referred to in this Agreement as the “APAC
        Intellectual Property”.
        Except
        as set forth in Schedule 3.07 of the Seller Disclosure Schedule, and except
        as, individually or in the aggregate, would not reasonably be expected to
        have a
        Company Material Adverse Effect, (i) to the knowledge of Seller, all APAC
        Intellectual Property has been duly registered in, filed in or issued by
        the
        appropriate Governmental Entity where such registration, filing or issuance
        is
        necessary or appropriate for the conduct of the business of the Transferred
        Companies as presently conducted and (ii) during the two (2) years prior
        to the
        date of this Agreement, none of Seller or any Transferred Company has received
        any written communication from any person asserting any ownership interest
        in
        any APAC Intellectual Property. Except as specified in Schedule 3.07 of the
        Seller Disclosure Schedule, one or more of the Transferred Companies owns
        all
        right, title and interest in and to the APAC
        Intellectual Property
        listed
        in Schedule 3.07 of the Seller Disclosure Schedule, free and clear of any
        Lien
        other than Permitted Liens.

       

       

       

       

       

       

      
        
          
          

        

        
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      (b)
        None
        of Seller or any Transferred Company has granted any license of any kind
        relating to any Technology or APAC Intellectual Property or the marketing
        or
        distribution thereof, except nonexclusive licenses granted in the ordinary
        course of business. None of Seller or any Transferred Company is bound by
        or a
        party to any option, license or similar Contract relating to the Intellectual
        Property of any other person for the use of such Intellectual Property in
        the
        conduct of the business of the Transferred Companies that is material to
        the
        conduct of the business of the Transferred Companies as presently conducted,
        except as set forth in Schedule 3.07 of the Seller Disclosure Schedule and
        except for so called “shrink-wrap” license agreements relating to computer
        software licensed to any Transferred Company in the ordinary course of business.
        To the knowledge of Seller, the conduct of the business of the Transferred
        Companies as presently conducted does not violate, conflict with or infringe
        the
        Intellectual Property of any other person, except for such violations, conflicts
        or infringements that, individually or in the aggregate, have not had and
        would
        not reasonably be expected to have a Company Material Adverse Effect. Except
        as
        set forth in Schedule 3.07 of the Seller Disclosure Schedule, to the knowledge
        of Seller, no claims are pending as of the date of this Agreement against
        any
        Transferred Company by any person with respect to the ownership, validity,
        enforceability, effectiveness or use in the business of the Transferred
        Companies of any Intellectual Property, except for such claims that would
        not
        reasonably be expected to have a Company Material Adverse Effect.

       

      (c)
        In
        this Agreement:

       

      “Intellectual
        Property”
means
        any patent (including all reissues, divisions, continuations and extensions
        thereof), patent application, patent right, trademark, trademark registration,
        trademark application, service mark, trade name, business name, brand name,
        copyright, copyright registration, design, design registration, or any right
        to
        any of the foregoing.

       

      “Technology”
means
        all trade secrets, confidential information, inventions, know-how, formulae,
        processes, procedures, research records, records of inventions, test
        information, market surveys and marketing know-how of the Transferred
        Companies.

       

      SECTION
        3.08.  Contracts.
        (a)
        Except as set forth in Schedule 3.08 of the Seller Disclosure Schedule, as
        of
        the date of this Agreement, no Transferred Company is a party to or bound
        by
        any:

       

              (i)
        written
        employment or consulting agreement or contract (including with any Ashland/APAC
        Employee not employed by any Transferred Company, whether or not a Transferred
        Company is a party to such contract or is bound by it) that provides for
        annual
        cash compensation in excess of $100,000;

       

              (ii)
        collective
        bargaining agreement or other contract with any labor organization, union
        or
        association;

       

              (iii)
        covenant not to
        compete or engage in any line of business or similar agreement that materially
        limits the conduct of the business of the Transferred Companies as presently
        conducted;

       

       

      
        
          
          

        

        
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                          (iv)
        Contract with respect to
        any disposition or acquisition of capital stock, business or assets of any
        person that contains any right of first refusal or any similar rights or
        involves consideration in excess of $500,000;

       

              (v)
        lease, sublease
        or similar Contract with any person (other than a Transferred Company) under
        which a Transferred Company is a lessor or sublessor of, or makes available
        for
        use to any person (other than a Transferred Company), (A) any APAC Property
        or (B) any portion of any premises otherwise occupied by the Transferred
        Companies, in any such case which provides for a future liability or receivable,
        as the case may be, in excess of $250,000 annually;

       

              (vi)
        lease, sublease
        or similar Contract with any person (other than a Transferred Company) under
        which (A) a Transferred Company is lessee of, or holds or uses, any
        machinery, equipment, vehicle or other tangible personal property owned by
        any
        person or (B) a Transferred Company is a lessor or sublessor of, or makes
        available for use by any person, any tangible personal property owned or
        leased
        by a Transferred Company, in any such case which provides for a future liability
        or receivable, as the case may be, in excess of $250,000 annually;

       

              (vii)
        Contract under
        which a Transferred Company has borrowed any money from, or issued any note,
        bond, debenture or other evidence of indebtedness to, any person (other than
        a
        Transferred Company) or any other note, bond, debenture or other evidence
        of
        indebtedness of a Transferred Company (other than in favor of the relevant
        Transferred Company), in each case other than (A) indebtedness owed to
        Seller or any subsidiary of Seller (other than a Transferred Company) to
        be
        discharged on or prior to the Closing, (B) trade payables arising in the
        ordinary course of business, (C) surety bonds on which a Transferred
        Company is principal provided to a third party in the ordinary course of
        business and (D) and obligations to assure payment to subcontractors and
        material suppliers undertaken in the ordinary course of business, in any
        such
        case which, individually, is in excess of $1,000,000;

       

              (viii)
        Contract
        (including any so-called take-or-pay or keepwell agreements, but excluding
        any
        GIA provided to a third party in the ordinary course of business with respect
        to
        which a Transferred Company is a principal and which GIA is listed on
        Schedule 5.13(b)-1 of the Seller Disclosure Schedule) under which
        (A) any person, other than a Transferred Company, has directly or
        indirectly guaranteed indebtedness, liabilities or obligations of a Transferred
        Company or (B) a Transferred Company has, directly or indirectly,
        guaranteed indebtedness, liabilities or obligations of any person, other
        than a
        Transferred Company (in each case other than endorsements for the purpose
        of
        collection in the ordinary course of business, surety bonds on which a
        Transferred Company is principal provided to a third party in the ordinary
        course of business, and obligations to assure payment to subcontractors and
        material suppliers undertaken in the ordinary course of business), in any
        such
        case which, individually, is in excess of $500,000;

       

       

      
        
          
          

        

        
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              (ix)
        Contract under
        which a Transferred Company has, directly or indirectly, made any advance,
        loan,
        extension of credit or capital contribution to, or other investment in, any
        person (other than a Transferred Company and other than extensions of trade
        credit in the ordinary course of business), in any such case which,
        individually, is in excess of $500,000;

       

                              (x)
        Contract for the
        provision of goods and services by any Transferred Company or from third
        parties
        to any Transferred Company (other than Contracts for the provision of goods
        and
        services by or to any subcontractor or supplier with respect to a construction
        project whereby a Transferred Company is the principal contractor for such
        project) in each case involving consideration in excess of $3,000,000 or
        containing a right of first refusal or similar right;

       

              (xi)
        Contract for the
        purchase or sale of any asset of a Transferred Company or for the purchase
        of
        any asset from any third party by a Transferred Company (other than purchases
        and sales in the ordinary course of business) or the grant of any rights
        to
        purchase or sell any such asset or requiring the consent of any party to
        the
        transfer thereof, other than any such Contract entered into in the ordinary
        course of business and not in violation of this Agreement;

       

              (xii)
        hedging
        instrument, currency exchange, interest rate exchange, commodity exchange
        or
        similar Contract;

       

              (xiii)
        Contract for
        any joint venture, partnership or similar arrangement; or

       

              (xiv)
        other Contract
        that creates an obligation on the part of any Transferred Company in excess
        of
        $3,000,000 that cannot be cancelled without penalty or further payment and
        without more than 90 days notice (other than Contracts of the type covered
        in
        clauses (i) to (xiii) of this Section 3.08 and other than Contracts excluded
        from clauses (i) to (xiii) of this Section 3.08 based on a dollar or other
        materiality threshold, an ordinary course of business exception, a cancellation
        or termination provision or other exclusion, including other than Contracts
        for
        the provision of goods and services by or to any subcontractor or supplier
        with
        respect to a construction project whereby a Transferred Company is the principal
        contractor for such project).

       

                      (b)
        Except as set
        forth in Schedule 3.08 of the Seller Disclosure Schedule, all Contracts listed
        or
        required to be listed in Schedule 3.08 of
        the
        Seller Disclosure Schedule (the “APAC
        Contracts”)
        are
        valid, binding and in full force and effect and are enforceable by the
        applicable Transferred Company in accordance with their terms, except for
        such
        failures to be valid, binding, in full force and effect or enforceable that,
        individually or in the aggregate, have not had and would not reasonably be
        expected to have a Company Material Adverse Effect. Except as set forth in
        Schedule 3.08 of the Seller Disclosure Schedule, the applicable Transferred
        Company has performed all material obligations required to be performed by
        it to
        date under APAC Contracts, and it is not (with or without the lapse of time
        or
        the giving of notice, or both) in breach or default in any material respect
        thereunder and, to the knowledge of Seller, no other party to any APAC Contract
        is (with or without the lapse of time or the giving of notice, or both) in
        breach or default in any material respect thereunder, except for such
        noncompliance, breaches and defaults that, individually or in the aggregate,
        have not had and would not reasonably be expected to have a Company Material
        Adverse Effect.

       

       

      
        
          
          

        

        
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      (c)
        For
        the purposes of this Section 3.08, a Transferred Company shall be deemed
        a party
        to each of the Contracts listed on Schedule 5.16(a)-1 of the Seller Disclosure
        Schedule.

       

      SECTION
        3.09.  Permits.
        The
        Transferred Companies possess or have applied for all licenses, permits,
        certifications, consents, authorizations and approvals from any Governmental
        Entity (“Permits”)
        to own
        or hold under lease and operate their respective assets and to conduct the
        business of the Transferred Companies as currently conducted, other than
        such
        Permits the absence of which, individually or in the aggregate, have not
        had and
        would not reasonably be expected to have a Company Material Adverse Effect.
        Except a set forth in Schedule 3.09 of the Seller Disclosure Schedule, Seller
        does not have knowledge of any fact, error or omission relevant to any Permit
        that would permit the revocation or withdrawal, the threatened revocation
        or
        withdrawal or result in the failure to obtain the renewal or re-issuance
        thereof, other than where such revocation, withdrawal or failure to obtain
        renewal or re-issuance has not had and would not reasonably be expected to
        have
        a Company Material Adverse Effect. This Section 3.09 does not relate to
        Environmental Permits or matters relating to asbestos, which are the subject
        of
        Section 3.15.

       

      SECTION
        3.10.  Taxes.
        (a) For
        purposes of this Agreement:

       

      “Code”
shall
        mean the Internal Revenue Code of 1986, as amended.

       

      “Post-Closing
        Tax Period”
shall
        mean any taxable period that begins after the Closing Date and the portion
        of
        any Straddle Period beginning after the Closing Date.

       

      “Pre-Closing
        Tax Period”
shall
        mean any taxable periods ending on or before the Closing Date and the portion
        of
        any Straddle Period ending on and including the Closing Date.

       

      “Straddle
        Period”
shall
        mean any taxable period that includes (but does not end on) the Closing
        Date.

       

      “Tax”
or
        “Taxes”
shall
        mean all Federal, state, county, local, municipal, foreign and other taxes,
        assessments, duties or similar charges of any kind whatsoever, including
        all
        corporate franchise, income, sales, use, ad valorem, receipts, value added,
        profits, license, withholding, payroll, employment, excise, premium, property,
        customs, net worth, capital gains, transfer, stamp, documentary, social
        security, environmental, alternative minimum, occupation, recapture and other
        taxes, and including all interest, penalties and additions imposed with respect
        to such amounts, and all amounts payable pursuant to any agreement or
        arrangement with respect to Taxes.

       

       

      
        
          
          

        

        
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      “Taxing
        Authority”
shall
        mean any domestic, foreign, Federal, national, state, county or municipal
        or
        other local government, any subdivision, agency, commission or authority
        thereof, or any quasi-governmental body exercising tax regulatory
        authority.

       

      “Tax
        Return”
or
        “Tax
        Returns”
shall
        mean all returns, declarations of estimated tax payments, reports, estimates,
        information returns and statements, including any related or supporting
        information with respect to any of the foregoing, filed or to be filed with
        any
        Taxing Authority in connection with the determination, assessment, collection
        or
        administration of any Taxes.

       

      (b)
        Except as set forth in Schedule 3.10 of the Seller Disclosure Schedule,
        (i) each Transferred Company, and any affiliated group, within the meaning
        of Section 1504 of the Code, of which any Transferred Company is or has been
        a
        member, has filed or caused to be filed in a timely manner (within any
        applicable extension periods) all material Tax Returns required to be filed
        by
        the Code or by applicable state, local or foreign Tax laws, (ii) all material
        Taxes with respect to taxable periods covered by such Tax Returns, and all
        other
        material Taxes for which any Transferred Company is or might otherwise be
        liable, have been timely paid in full or will be timely paid in full or is
        being
        contested in a timely fashion in appropriate proceedings, and (iii) no material
        Liens for Taxes with respect to any of the assets or properties of any
        Transferred Company exist other than Liens for Taxes that are not yet due
        and
        payable or that may thereafter be paid without penalty.

       

      (c)
        Except as set forth on Schedule 3.10 of the Seller Disclosure Schedule, no
        material Tax Return of any Transferred Company or any affiliated group of
        which
        any Transferred Company is now a member is under audit or examination by
        any
        Taxing Authority.

       

      (d)
        Except as set forth in Schedule 3.10 of the Seller Disclosure Schedule, each
        material deficiency resulting from any completed audit or examination relating
        to Taxes by any Taxing Authority has been timely paid or is being contested
        in a
        timely fashion in appropriate proceedings.

       

      (e)
        Except as set forth in Schedule 3.10 of the Seller Disclosure Schedule, no
        Transferred Company is party to or bound by any income Tax allocation,
        indemnity, sharing or similar agreement.

       

      (f)
        Except as set forth in Schedule 3.10 of the Seller Disclosure Schedule, there
        are no outstanding agreements or waivers extending, or having the effect
        of
        extending, the statutory period of limitation for the assessment and collection
        of any Taxes applicable to any material Tax returns required to be filed
        with
        respect to any Transferred Company.

                   

      (g)
        Seller is not a “foreign person” within the meaning of Section 1445 of the
        Code.

       

       

      
        
          
          

        

        
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                      (h)
        No Transferred
        Company is or has been a party to a “reportable transaction” to which disclosure
        is required pursuant to Treasury Regulation Section 1.6011-4 (excluding Section
        1.6011-4(b)(6))or to a transaction that is substantially similar to a “listed
        transaction” as such term is defined in Treasury Regulation Section
        1.6011-4(b)(2).

       

                      (i)
        No Transferred
        Company is a party to any agreement, contract, arrangement or plan that (i)
        has
        resulted or would reasonably be expected to result separately or in the
        aggregate, in connection with this Agreement or any change of control of
        a
        Transferred Company, in the payment of any “excess parachute payment” within the
        meaning of Section 280G of the Code, (ii) could obligate any Transferred
        Company
        to make any payments that will not be fully deductible under Section 162(m)
        of
        the Code or (iii) would reasonably be expected to give rise to an excise
        Tax
        under Section 409A of the Code.

       

                      (j)
        There are no
        material deferred intercompany transactions between any Transferred Company
        and
        any other member of its consolidated group and there is no excess loss account
        (within the meaning of Treasury Regulation Section 1.1502-19 with respect
        to the
        stock of a Transferred Company) which will, or may, result in the recognition
        of
        income in a Post-Closing Tax Period upon the consummation of the transactions
        contemplated by this Agreement.

       

      SECTION
        3.11.   Proceedings.
        Except
        as set forth in Schedule 3.11 of the Seller Disclosure Schedule, as of the
        date
        of this Agreement, there is no pending or, to the knowledge of Seller,
        threatened Proceeding against Seller or any Transferred Company that has
        had or
        would reasonably be expected to result in a liability for damages in excess
        of
        $1,000,000 or involves a claim for material equitable relief. Except as set
        forth in Schedule 3.11 of the Seller Disclosure Schedule, as of the date
        of this
        Agreement, no Transferred Company is a party or subject to or in default
        under
        any Judgment, other than for such Judgments that, individually and in the
        aggregate, have not had and would not reasonably be expected to have a Company
        Material Adverse Effect. Except as set forth in Schedule 3.11 of the Seller
        Disclosure Schedule, as of the date of this Agreement, there is not any suit,
        action or proceeding (a “Proceeding”)
        or
        claim by any Transferred Company pending, or which any Transferred Company
        intends to initiate, against any other person, other than claims of $500,000
        or
        less. As of the date of the Agreement, there is no pending or, to the knowledge
        of Seller, threatened Proceeding or investigation by any Governmental Entity,
        to
        restrain or prevent the consummation of the transactions contemplated by
        this
        Agreement. This Section 3.11 does not relate to environmental matters or
        matters
        relating to asbestos, which are the subject of Section 3.15.

       

      SECTION
        3.12.  Benefit
        Plans.
        (a) Each
“employee pension benefit plan” (as defined in Section 3(2) of the Employee
        Retirement Income Security Act of 1974, as amended (“ERISA”))
        (“Pension
        Plan”),
        each
“employee welfare benefit plan” (as defined in Section 3(1) of ERISA), and each
        other plan, arrangement or policy (written or oral) relating to stock options,
        stock purchases, deferred compensation, severance, fringe benefits or other
        employee benefits, in each case maintained or contributed to, or required
        to be
        maintained or contributed to, by Seller, any Transferred Company or any other
        person or entity that, together with Seller, is treated as a single employer
        under Section 414(b), (c), (m) or (o) of the Code (each, together with Seller,
        a
“Commonly
        Controlled Entity”)
        for
        the benefit of any current or former employee of any Transferred Company
        (each,
        an “APAC
        Employee”)
        or any
        current Ashland/APAC Employee, other than any “multiemployer plan” (within the
        meaning of Section 3(37) of ERISA) or any plans, arrangements or policies
        mandated by Applicable Law, is herein referred to as a “Seller
        Benefit Plan”.
        Schedule 3.12(a) of the Seller Disclosure Schedule contains a list, as of
        the
        date of this Agreement, of each material Seller Benefit Plan. Seller has
        delivered or made available to Purchaser true, complete and correct copies
        of
        (A) each material Seller Benefit Plan, (B) the most recent annual report
        on Form
        5500 (including all schedules and attachments thereto) filed with the Internal
        Revenue Service with respect to the APAC, Inc. Hourly Savings Plan (the
“Assumed
        Benefit Plan”),
        (C)
        the most recent summary plan description (or similar document) for each material
        Seller Benefit Plan for which a summary plan description is required by
        Applicable Law, (D) each trust agreement relating to the Assumed Benefit
        Plan
        and (E) the most recent determination letter issued by the Internal Revenue
        Service for the Assumed Benefit Plan.

       

       

      
        
          
          

        

        
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      (b)
        The
        Seller Benefit Plans have been administered substantially in accordance with
        their terms and in substantial compliance with the applicable provisions
        of
        ERISA, the Code, all other Applicable Laws and the terms of all applicable
        collective bargaining agreements, except where the failure to be so administered
        would not reasonably be expected to have a Company Material Adverse Effect.
        There are no investigations by any Governmental Entity, termination proceedings
        or other claims (except routine claims for benefits payable under the Seller
        Benefit Plans) or Proceedings against or involving the Seller Benefit Plans
        or
        asserting any rights to or claims for benefits under the Seller Benefit Plans
        that, individually or in the aggregate, would reasonably be expected to have
        a
        Company Material Adverse Effect.

       

      (c)
        The
        Assumed Benefit Plan is not subject to Title IV of ERISA or Section 412 of
        the
        Code. Except as set forth in Schedule 3.12(c) of the Seller Disclosure Schedule,
        on or following the consummation of the transactions contemplated by this
        Agreement, no Transferred Company would reasonably be expected to incur any
        liability under Title IV of ERISA as a result of being treated as a single
        employer with Seller for purposes of Section 414(b), (c), (m) or (o) of the
        Code.

       

      (d)
        Except with respect to the individuals set forth on Schedule 3.12(d) of the
        Seller Disclosure Schedule (the “Primary
        Company Executives”),
        any
        amount that could be received (whether in cash or property or the vesting
        of
        property) as a result of any of the transactions contemplated by this Agreement
        by any employee, officer, director or independent contractor of the Transferred
        Companies who is a “disqualified individual” (as such term is defined in
        Treasury Regulation Section 1.280G-1) under any Seller Benefit Plan or otherwise
        would not be characterized as an “excess parachute payment” (as such term is
        defined in Section 280G(b)(1) of the Code.)

       

      SECTION
        3.13.  Absence
        of Changes or Events.
        (a)
        Except as set forth in Schedule 3.13(a) of the Seller Disclosure Schedule,
        since
        the Balance Sheet Date, there has not been a material adverse effect (i)
        on the
        assets, business, financial condition or results of operations of the
        Transferred Companies, taken as a whole, (ii) on the ability of Seller to
        perform its obligations under this Agreement and the Ancillary Agreements
        or
        (iii) on the ability of Seller to consummate the Acquisition and the other
        transactions contemplated hereby; provided
        that,
        for all purposes of this Agreement, none of the following shall be deemed,
        either alone or in combination, to constitute, and none of the following
        shall
        be taken into account in determining whether there has been or will be, such
        a
        material adverse effect (other than, in the case of clauses (A) and (B) below,
        any such change or disruption having a materially disproportionate effect
        on the
        business of the Transferred Companies, individually or in the aggregate,
        relative to other participants in the industry in which the Transferred
        Companies operate): (A) any change or disruption relating to United States
        or
        foreign economies in general, (B) any change or disruption in each of the
        Transferred Companies’ industries in general and not specifically relating to
        any of the Transferred Companies, (C) any change or disruption to any of
        the
        Transferred Companies’ businesses as a result of the execution of this Agreement
        and the consummation of the transactions contemplate hereby or the announcement
        of or other publicity regarding the possible sale of the Transferred Companies’
businesses, and (D) any change or disruption to any of the Transferred
        Companies’ businesses as a result of the ongoing litigation between the Sierra
        Club and the U.S. Army Corps of Engineers regarding the issuance of permits
        for
        the mining of construction aggregates in the Lake Belt area of Miami-Dade
        County, Florida.

       

       

      
        
          
          

        

        
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      (b)
        Except as set forth in Schedule 3.13(b) of the Seller Disclosure Schedule,
        since
        the Balance Sheet Date, the business of the Transferred Companies has been
        conducted in the ordinary course and in substantially the same manner as
        previously conducted. Except as set forth in Schedule 3.13 of the Seller
        Disclosure Schedule, no Transferred Company has:

       

                            (i)
        from June 30, 2006 to the date of this Agreement, increased or established
        any
        material reserve for liabilities (other than Specified Liabilities) on its
        books, other than in the course of ordinary business;

       

                                (ii)
        from June 30,
        2006 to the date of this Agreement, made, authorized or committed to any
        capital
        expenditure for additions to plant and equipment accounts of any Transferred
        Company in excess of $1,000,000 each, except as may have been necessary for
        ordinary repair, maintenance and replacement; or

       

                                 (iii)
        from the
        Balance Sheet Date to the date of this Agreement, declared, set aside or
        paid
        any dividend or other distribution to its stockholders, whether or not upon
        or
        in respect of its capital stock, or redeemed or purchased any shares of its
        capital stock, or agreed to take any such action, other than dividends and
        distributions of cash made by a Transferred Company to another Transferred
        Company or to Seller in the ordinary course of business.

       

      SECTION
        3.14.  Compliance
        with Applicable Laws.
        Except
        as set forth in Schedule 3.14 of the Seller Disclosure Schedule, the Transferred
        Companies (i) to the knowledge of Seller, have been in compliance with Federal
        or state antitrust or anti-competition laws and regulations during the two
        year
        period prior to the date hereof, and (ii) are in compliance with all Applicable
        Laws, in each case except for instances of noncompliance that, individually
        or
        in the aggregate, have not had and would not reasonably be expected to have
        a
        Company Material Adverse Effect. This Section 3.14 does not relate to matters
        with respect to Taxes, which are the subject of Section 3.10; employee benefits,
        which are the subject of Section 3.12; environmental matters or matters relating
        to asbestos, which are the subject of Section 3.15; or employee and labor
        matters, which are the subject of Section 3.16.

       

       

      
        
          
          

        

        
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      SECTION
        3.15.  Compliance
        with Applicable Environmental Laws.
        Except
        as set forth in Schedule 3.15 of the Seller Disclosure Schedule and except
        for
        matters that would not reasonably be expected to have, individually or in
        the
        aggregate, a Company Material Adverse Effect, (i) the Transferred Companies
        are
        in compliance with all applicable Environmental Laws, including any requirements
        under the National Emissions Standards for Hazardous Air Pollutants applicable
        to asbestos and asbestos-containing materials contained in any building,
        structure or equipment at any facility currently owned or operated by any
        of the
        Transferred Companies, (ii) the Transferred Companies hold, and are in
        compliance with, all Permits required under applicable Environmental Laws
        (“Environmental
        Permits”)
        for
        the Transferred Companies to conduct their respective businesses as currently
        conducted, (iii) no Transferred Company has any outstanding obligation under
        any
        binding agreement (other than any lease, sublease, license, indenture, credit
        agreement or contract for the provision of goods or services) or is subject
        to
        any Judgment, in each case, primarily or exclusively relating to an actual
        or
        alleged violation of any applicable Environmental Law or the investigation
        or
        cleanup of Hazardous Materials, (iv) there are no claims pending or, to the
        knowledge of the Seller, threatened against any Transferred Company relating
        to
        matters arising under or pursuant to applicable Environmental Laws or to
        human
        exposure to Hazardous Materials (except that this clause (iv) does not relate
        to
        any claims alleging exposure to asbestos or asbestos-containing materials
        which
        arise under, or are covered or barred by, workers’ compensation and workers’
compensation, disability or other insurance providing medical care and/or
        compensation to injured workers); (v) no Hazardous Materials (except that,
        for
        the purposes of this clause (v), “Hazardous Materials” shall not include
        asbestos or asbestos-containing materials) have been Released by any of the
        Transferred Companies or their respective predecessors in interest at, on,
        about
        or under (A) any property now or formerly owned, operated or leased by any
        of
        the Transferred Companies or their respective predecessors in interest, or
        (B)
        to the knowledge of Seller, any property to which any of the Transferred
        Companies or their respective predecessors in interest sent waste for disposal;
        (vi) there are no underground storage tanks at any property currently owned
        or
        operated by any of the Transferred Companies which any of the Transferred
        Companies is required to upgrade, retrofit or remove under applicable
        Environmental Laws; (vii) none of the Transferred Companies nor any of
        their respective predecessors in interest has ever manufactured, produced,
        sold,
        conveyed or otherwise put into the stream of commerce any product, merchandise,
        manufactured good, part, component or other item comprised of or containing
        asbestos; and (viii) Seller has delivered or made available to Purchaser
        all of
        the material environmental studies and reports (including, without limitation,
        Phase I and Phase II investigation reports) prepared during the last five
        (5)
        years and listed on Schedule 3.15 and, to the knowledge of Seller, there
        are no
        other material studies or reports relating to the condition of any property
        currently owned, leased or operated by any of the Transferred Companies which
        are not listed on such Schedule 3.15. Except as specifically provided in
        Sections 2.03 or 3.03, the representations and warranties in this Section
        3.15
        shall be the exclusive representations and warranties with respect to
        environmental matters and/or matters relating to asbestos.

       

      The
        term
“Environmental
        Laws”
means
        all Applicable Laws relating to pollution or protection of the environment,
        preservation or reclamation of land or natural resources, or the generation,
        use, management, storage, treatment, recycling, distribution, transportation,
        disposal, remediation or Release of Hazardous Materials.

       

       

      
        
          
          

        

        
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            The
        term “Hazardous
        Materials”
means
        (i) any radioactive materials or wastes, petroleum (including crude oil or
        any
        fraction thereof) or petroleum by-products, urea formaldehyde foam insulation,
        polychlorinated biphenyls, and asbestos or asbestos-containing materials
        and
        (ii) any other wastes, materials, chemicals or substances regulated pursuant
        to
        any Environmental Laws.

       

                 The
        term “Release”
        has
        the
        meaning ascribed to that term in 42 U.S.C. 9601(22).

       

      SECTION
        3.16.  Employee
        and Labor Matters.
        Except
        as set forth in Schedule 3.16 of the Seller Disclosure Schedule, (i) there
        is no
        unfair labor practice, charge or complaint or other proceeding pending or,
        to
        the knowledge of Seller, threatened against any Transferred Company before
        the
        National Labor Relations Board or any similar sovereign state or local agency
        and (ii) there is no labor strike, slowdown, work stoppage or lockout pending,
        or, to the knowledge of Seller, threatened, against or affecting any Transferred
        Company, nor has there been any such activity within the 12 months prior
        to the
        date of this Agreement, except, in the case of clauses (i) and (ii), for
        any
        such action, conduct, practice or proceeding that has not had and would not
        reasonably be expected to have a Company Material Adverse Effect. Seller
        and the
        Transferred Companies are in compliance with all laws respecting employment
        of
        labor, except to the extent that any noncompliance would not reasonably be
        expected to have a Company Material Adverse Effect

       

      SECTION
        3.17.  Transactions
        with Affiliates.
        (a)
        Except as set forth in Schedule 3.17(a) of the Seller Disclosure Schedule
        and except for any Permitted Intercompany Receivables and Payables, none
        of the
        Contracts between any Transferred Company, on the one hand, and Seller, any
        of
        its affiliates (other than any Transferred Company), any officer or director
        thereof or of any Transferred Company or any relative of any of the foregoing
        individuals (any such person, a “Related
        Party”),
        on
        the other hand, will continue in effect subsequent to the Closing and no
        Transferred Company shall have any liability with respect to any such
        Contracts.

       

      (b)
        Except for (i) assets or rights used in connection with services provided
        to the
        Transferred Companies by Seller and its subsidiaries (other than any Transferred
        Company), including environmental, health and safety, purchasing and logistics,
        legal, planning and analysis, tax, real estate, risk and insurance, government
        relations, information technology, payroll, human resources and benefit plan
        administration, accounting, treasury, cash management, credit and accounts
        receivable, communications, security, office and building services, internal
        audit, air transportation, derivatives management and other corporate services;
        and (ii) the Contracts and other assets or rights set forth on Schedule 3.17(b),
        Seller and its subsidiaries (other than the Transferred Companies) do not
        own or
        hold any assets or rights that are necessary for the Transferred Companies
        to
        carry on their respective businesses as currently conducted.

       

      SECTION
        3.18.  Finance
        Leases.
        No
        Transferred Company is a party to any finance lease other than (i) office
        or
        other real estate leases, (ii) mineral leases or (iii) any job-specific
        equipment or plant lease (A) with a remaining lease or rental commitment
        of less
        than one (1) year or (B) where the total period of usage commitment (past
        and
        remaining) is less than fifty percent (50%) of the overall useful life of
        such
        equipment based on the standard depreciable lives used by the Transferred
        Companies in accordance with their accounting policies in effect on the date
        of
        this Agreement.

       

       

      
        
          
          

        

        
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      ARTICLE
        IV

       

      Representations
        and Warranties of Purchaser

       

      Purchaser
        hereby represents and warrants to Seller as follows:

       

      SECTION
        4.01.  Organization,
        Standing and Power.
        Purchaser is duly organized, validly existing and in good standing under
        the
        laws of the jurisdiction in which it is organized and has full corporate
        power
        and authority and possesses all governmental franchises, licenses, permits,
        authorizations and approvals necessary to enable it to own, lease or otherwise
        hold its properties and assets and to carry on its business as presently
        conducted, other than such franchises, licenses, permits, authorizations
        and
        approvals the lack of which, individually or in the aggregate, have not had
        and
        would not reasonably be expected to have a material adverse effect on the
        ability of Purchaser to perform its obligations under this Agreement and
        the
        Ancillary Agreements or on the ability of Purchaser to consummate the
        Acquisition and the other transactions contemplated hereby (a “Purchaser
        Material Adverse Effect”).
        Purchaser has made available to Seller true and complete copies of the
        certificate of incorporation and by-laws of Purchaser, in each case as amended
        through the date of this Agreement.

       

                 SECTION
        4.02.  Authority;
        Execution and Delivery; Enforceability.
        Purchaser has full power and authority to execute this Agreement and the
        Ancillary Agreements to which it is, or is specified to be, a party, to perform
        its obligations hereunder and thereunder and to consummate the Acquisition
        and
        the other transactions contemplated hereby and thereby. The execution and
        delivery by Purchaser of this Agreement and the Ancillary Agreements to which
        it
        is, or is specified to be, a party,
        the
        performance by Purchaser of its obligations hereunder and thereunder
        and the
        consummation by Purchaser of the Acquisition and the other transactions
        contemplated hereby and thereby have been duly authorized by all necessary
        corporate action. Purchaser has duly executed and delivered this Agreement
        and,
        at or prior to the Closing, will have duly executed and delivered each Ancillary
        Agreement to which it is, or is specified to be, a party, and this Agreement
        constitutes, and each Ancillary Agreement to which it is, or is specified
        to be,
        a party will after the Closing constitute, its legal, valid and binding
        obligation, enforceable against it in accordance with its terms.

       

      SECTION
        4.03.  No
        Conflicts; Consents.
        The
        execution and delivery by Purchaser of this Agreement do not, the execution
        and
        delivery by Purchaser of each Ancillary Agreement to which it is, or is
        specified to be, a party will not, and the consummation of the Acquisition
        and
        the other transactions contemplated hereby and thereby and compliance by
        Purchaser with the terms hereof and thereof will not conflict with, result
        in
        any violation of or default (with or without notice or lapse of time, or
        both)
        under, give rise to a right of termination, cancellation or acceleration
        of any
        obligation or to loss of a material benefit under, result in the creation
        of any
        Lien upon any of the properties or assets of Purchaser or any of its
        subsidiaries or require the consent of any person other than a Governmental
        Entity under any provision of (i) the certificate of incorporation or by-laws
        of
        Purchaser or any of its subsidiaries, (ii) any Contract to which Purchaser
        or
        any of its subsidiaries is a party or by which any of their respective
        properties or assets is bound or (iii) any Judgment or Applicable Law applicable
        to Purchaser or any of its subsidiaries or their respective properties or
        assets, other than, in the case of clauses (ii) and (iii) above, any such
        items
        that, individually or in the aggregate, have not had and would not reasonably
        be
        expected to have a Purchaser Material Adverse Effect. No Consent of or
        registration, declaration or filing with any Governmental Entity is required
        to
        be obtained or made by or with respect to Purchaser or any of its subsidiaries
        in connection with the execution, delivery and performance of this Agreement
        or
        any Ancillary Agreement or the consummation of the Acquisition or the other
        transactions contemplated hereby and thereby, other than (A) compliance with
        and
        filings under the HSR Act, (B) compliance with and filings under Section
        13(a)
        of the Securities Exchange Act of 1934, (C) compliance with and such filings
        and
        notifications as may be required under applicable state property transfer
        laws
        or other Environmental Laws, (D) those that may be required solely by
        reason of the participation of Seller and APAC (as opposed to any other third
        party) in the Acquisition and other transactions contemplated hereby and
        by the
        Ancillary Agreements and (E) such Consents, registrations, declarations and
        filings the absence of which, or the failure to make or obtain which,
        individually or in the aggregate, would not reasonably be expected to have
        Purchaser Material Adverse Effect.

       

       

      
        
          
          

        

        
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      SECTION
        4.04.  Litigation.
        As of
        the date of this Agreement, there are no (i) outstanding Judgments against
        or affecting Purchaser or any of its subsidiaries, (ii) Proceedings pending
        or, to the knowledge of Purchaser, threatened against or affecting Purchaser
        or
        any of its subsidiaries or (iii) investigations by any Governmental Entity
        that are, to the knowledge of Purchaser, pending or threatened against or
        affecting Purchaser or any of its subsidiaries that, in any case, individually
        or in the aggregate, have had or would reasonably be expected to have a
        Purchaser Material Adverse Effect.

       

      SECTION
        4.05.  Securities
        Act.
        The
        Shares purchased by Purchaser pursuant to this Agreement are being acquired
        for
        investment only and not with a view to any public distribution thereof, and
        Purchaser shall not offer to sell or otherwise dispose of the Shares so acquired
        by it in violation of any of the registration requirements of the Securities
        Act
        of 1933, as amended.

       

      SECTION
        4.06.  Availability
        of Funds.
        Purchaser has cash on hand or has existing borrowing facilities that are
        sufficient to enable it to consummate the Acquisition.

       

      ARTICLE
        V

       

      Covenants

       

      SECTION
        5.01.  Covenants
        Relating to Conduct of Business.
        (a)
        Except for matters set forth in Schedule 5.01 or otherwise expressly permitted
        or required by the terms of this Agreement (including actions contemplated
        to be
        taken in connection with Sections 5.14 and 5.15), from the date of this
        Agreement to the Closing, Seller shall cause the businesses of the Transferred
        Companies to be conducted in the usual, regular and ordinary course in
        substantially the same manner as previously conducted (including, without
        limitation, with respect to the payment of claims described in Section
        6.04(c)(i)(D)) and, to the extent consistent therewith, use commercially
        reasonable efforts to keep intact their respective businesses, keep available
        the services of their current employees and preserve their relationships
        with
        customers, suppliers, licensors, licensees, distributors and others with
        whom
        they deal such that their respective businesses shall be unimpaired at the
        Closing. Seller shall not, and shall not permit any Transferred Company to,
        take
        any action that would, or that would reasonably be expected to, result in
        any of
        the conditions to the purchase and sale of the Shares set forth in Article
        VII
        not being satisfied. In addition (and without limiting the generality of
        the
        foregoing), except as set forth in Schedule 5.01 of the Seller Disclosure
        Schedule or otherwise expressly permitted or required by the terms of this
        Agreement (including actions contemplated to be taken in connection with
        Sections 5.14 and 5.15), Seller shall not permit any Transferred Company
        to do
        any of the following without the prior written consent of
        Purchaser:

       

       

      
        
          
          

        

        
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              (i)
        amend its
        certificate of incorporation or by-laws;

       

              (ii)
        declare, set
        aside or pay any dividend or make any other distribution to its stockholders,
        whether or not upon or in respect of any shares of its capital stock;
provided,
        however,
        that
        (A) Purchaser acknowledges that Seller will withdraw any cash balances of
        the
        Transferred Companies, (B) dividends and distributions may continue to be
        made
        by the Subsidiaries to APAC or to other Subsidiaries and (C) dividends and
        distributions of cash may continue to be made by APAC to Seller in the ordinary
        course of business or as provided in clause (A) above;

       

              (iii)
        reclassify,
        redeem or otherwise acquire any shares of its capital stock or issue any
        capital
        stock or any option, warrant or right relating thereto or any securities
        convertible into or exchangeable for any shares of capital stock, or otherwise
        change its capital structure;

       

              (iv)
        (A) enter into,
        adopt, amend in any material respect or terminate any Seller Benefit Plan
        in
        respect of any APAC Employees, (B) increase in any manner the compensation
        or
        benefits of, or pay or otherwise grant any benefit not required by any Seller
        Benefit Plan or any existing agreement to, any APAC Employee or (C) enter
        into
        any contract to do any of the foregoing, in the case of clauses (A), (B)
        and
        (C), except (1) to the extent required by Applicable Law, (2) as may be required
        under any agreement in effect on the date hereof, (3) as effected in the
        ordinary course of business, (4) as would relate to a substantial number
        of
        other similarly situated employees of Seller or its affiliates or (5) for
        any
        actions described in each of clauses (A), (B) and (C) for which Seller or
        its
        affiliates (other than the Transferred Companies) shall be solely
        obligated;

       

              (v)
        incur or assume
        any liabilities, obligations or indebtedness for borrowed money or guarantee
        any
        such liabilities, obligations or indebtedness, other than in the ordinary
        course
        of business and consistent with past practice; provided,
        however,
        that in
        no event shall any Transferred Company incur or assume any long-term
        indebtedness for borrowed money, except in connection with (A) intercompany
        transactions among the Transferred Companies and (B) intercompany transactions
        among any Transferred Company, on the one hand, and Seller and any of its
        subsidiaries (other than the Transferred Companies), on the other hand, in
        each
        case in the ordinary course of business and in the case of transactions
        described in clause (B) above that will either be discharged in full as set
        forth in Section 5.14 or constitute Permitted Intercompany Receivables and
        Payables;

       

       

      
        
          
          

        

        
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              (vi)
        permit, allow or
        suffer any of its assets to become subjected to any Lien of any nature
        whatsoever that would have been required to be set forth in Schedule 3.06
        or
        3.07 of the Seller Disclosure Schedule if existing on the date of this
        Agreement;

       

              (vii)
        cancel any
        material indebtedness (individually or in the aggregate) or waive any claims
        or
        rights of substantial value other than in the ordinary course of business
        consistent with past practice;

       

              (viii)
        pay, loan or
        advance any amount to, or sell, transfer or lease any of its assets to, or
        enter
        into any agreement or arrangement with, Seller or any of its affiliates,
        except
        for (A) transactions among the Transferred Companies, (B) dividends and
        distributions permitted under clause (ii) above and (C) intercompany
        transactions in the ordinary course of business;

       

              (ix)
        extend credit in
        excess of $500,000 to any customer who was not a customer before the date
        of
        this Agreement or depart in any material respect from the normal and customary
        trade, discount and credit policies of the Company;

       

              (x)
        make any material
        change in any method of accounting or accounting practice or policy other
        than
        those required by GAAP;

       

              (xi)
        acquire by
        merging or consolidating with, or by purchasing a substantial portion of
        the
        assets of, or by any other manner, any business or any corporation, partnership,
        association or other business organization or division thereof or otherwise
        acquire any assets (other than inventory) that are material to the Transferred
        Companies, taken as a whole;

       

              (xii)
        commit to make
        any capital expenditure that, individually, is in excess of
        $500,000;

       

              (xiii)
        settle any
        Proceeding that would be required to be disclosed on Schedule 3.11 or Schedule
        3.15 of the Seller Disclosure Schedule;

       

              (xiv)
        sell, lease,
        license or otherwise dispose of any of its assets, except in the ordinary
        course
        of business and consistent with past practice;

       

              (xv)
        enter into any
        lease of real property other than in the ordinary course of business and
        consistent with past practice; or

       

       

      
        
          
          

        

        
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              (xvi)
        authorize any
        of, or commit or agree to take, whether in writing or otherwise, any of,
        the
        foregoing actions.

       

      (b)
        From
        the date of this Agreement to the Closing, Seller shall promptly advise
        Purchaser in writing of the occurrence of any matter or event that results
        in a
        breach of any representation, warranty or covenant that would reasonably
        be
        expected to result in a failure of a condition set forth in Article
        VII.

       

                 SECTION
        5.02.  Access
        to Information.
        From the
        date of this Agreement to the Closing, Seller shall, and shall cause the
        Transferred Companies to, afford to Purchaser and its accountants, counsel
        and
        other representatives reasonable access, upon reasonable notice during normal
        business hours to the personnel, properties, books, contracts, commitments,
        Tax
        Returns and records of the Transferred Companies, and shall furnish promptly
        to
        Purchaser copies of such documents and any
        other
information
        concerning any Transferred Company as Purchaser may reasonably request;
provided,
        however,
        that
        such access does not unreasonably disrupt the normal operations of the
        Transferred Companies. Except to the extent provided by the express written
        consent of Seller, such access excludes any right or permission to disturb
        surface or subsurface conditions at any APAC Property or to perform any
        environmental assessment, investigation, sampling or testing of the soil,
        subsurface strata, groundwater or surface water at, on or under any APAC
        Property (including, for example, the preparation of any Phase II environmental
        assessments).

       

      SECTION
        5.03.  Confidentiality.
        (a)
        Purchaser acknowledges that the information being provided to it in connection
        with the Acquisition and the consummation of the other transactions contemplated
        hereby is subject to the terms of a confidentiality agreement between Purchaser
        and Seller dated March 22, 2006 (the “Confidentiality
        Agreement”),
        the
        terms of which are incorporated herein by reference. Effective upon, and
        only
        upon, the Closing, the Confidentiality Agreement shall terminate as to
        confidentiality with respect to information relating solely to the Transferred
        Companies; provided,
        however,
        that
        Purchaser acknowledges that any and all other terms and conditions of the
        Confidentiality Agreement (including relating to the confidentiality of
        information relating to Seller and its affiliates (other than the Transferred
        Companies) and any standstill provision) shall survive the Closing Date in
        accordance with the terms of the Confidentiality Agreement.

       

      (b)
        Seller shall keep confidential, and cause its affiliates and instruct its
        and
        their officers, directors, employees and advisors to keep confidential, all
        information relating to the Transferred Companies, except as required by
        Applicable Law or administrative process and except for information that
        is
        available to the public on the Closing Date, or thereafter becomes available
        to
        the public other than as a result of a breach of this Section 5.03(b). The
        covenant set forth in this Section 5.03(b) shall terminate three (3) years
        after
        the Closing Date.

       

      SECTION
        5.04.  Reasonable
        Best Efforts.
        (a) On
        the terms and subject to the conditions of this Agreement, each party shall
        use
        its reasonable best efforts to cause the Closing to occur, including taking
        all
        reasonable actions necessary to comply promptly with all legal requirements
        that
        may be imposed on it or any of its affiliates with respect to the
        Closing.

       

       

      
        
          
          

        

        
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      (b)
        Each
        of Seller and Purchaser has filed with the United States Federal Trade
        Commission (the “FTC”)
        and
        the United States Department of Justice (the “DOJ”)
        the
        notification and report form required for the transactions contemplated hereby
        and shall as promptly as practicable file any supplemental information requested
        in connection therewith pursuant to the HSR Act. Any such notification and
        report form shall be in substantial compliance with the requirements of the
        HSR
        Act. Each of Seller and Purchaser shall furnish to the other such necessary
        information and reasonable assistance as the other may request in connection
        with its preparation of any filing or submission that is necessary under
        the HSR
        Act. Seller and Purchaser shall keep each other apprised of the status of
        any
        communications with, and any inquiries or requests for additional information
        from, the FTC and the DOJ and shall comply promptly with any such inquiry
        or
        request and shall promptly provide any supplemental information requested
        in
        connection with the filings made hereunder pursuant to the HSR Act. Any such
        supplemental information shall be in substantial compliance with the
        requirements of the HSR Act.

       

      SECTION
        5.05.  Expenses;
        Transfer Taxes.
        (a)
        Whether or not the Closing takes place, and except as specifically set forth
        in
        this Agreement or in any Ancillary Agreement to the contrary, or as otherwise
        agreed in writing by the parties, all costs and expenses incurred in connection
        with this Agreement and the Ancillary Agreements and the transactions
        contemplated hereby and thereby shall be paid by the party incurring such
        expense, including all costs and expenses incurred in connection with any
        filings or obtaining Consents in connection with the transactions contemplated
        by this Agreement.

       

      (b)
        All
        transfer, documentary, sales, use, stamp, registration and applicable real
        estate transfer and stock transfer Taxes incurred in connection with the
        Agreement shall be paid by Purchaser. Each party shall use reasonable efforts
        to
        avail itself of any available exemptions from any such Taxes or fees, and
        to
        cooperate with the other parties in providing any information and documentation
        that may be necessary to obtain such exemptions.

       

      SECTION
        5.06.Brokers
        or Finders.
        Each of
        Purchaser and Seller represent, as to itself and its affiliates, that no
        agent,
        broker, investment banker or other firm or person is or will be entitled
        to any
        broker’s or finder’s fee or any other commission or similar fee in connection
        with any of the transactions contemplated by this Agreement, except, as to
        Seller, Credit Suisse Securities (USA) LLC, whose fees and expenses will
        be paid
        by Seller.

       

                 SECTION
        5.07.  Tax
        Matters.
        (a)
Return
        Filings.
        Seller
        shall timely prepare and file all Tax Returns with the appropriate Taxing
        Authorities relating to the Transferred Companies for taxable periods ending
        on
        or prior to the Closing Date, subject to Section 9.01, and shall pay all
        Taxes
        due with respect to such Tax Returns. To
        the
        extent permitted by law, all such Tax Returns shall be prepared in a manner
        consistent with past practice of Seller and the Transferred Companies.
Purchaser
        shall timely prepare and file, or cause to be prepared and filed, with the
        appropriate Tax Authorities all Tax Returns for Straddle Periods and for
        taxable
        periods beginning after the Closing Date required to be filed by the Transferred
        Companies and, subject to Section 9.01, shall cause the Transferred Companies
        to
        pay all Taxes due with respect to such Tax Returns. Seller will furnish to
        Purchaser all information and records reasonably requested by Purchaser for
        use
        in preparation of any Straddle Period Tax Returns. Purchaser shall present
        each
        Straddle Period Tax Return to Seller for review at least forty (40) days
        before
        the date on which such Straddle Period Tax Return is required to be filed.
        In
        the event that Seller reasonably objects to such Straddle Period Tax Return
        or
        to the allocation of the amount of Taxes for which Seller is responsible
        under
        Section 9.01, then Seller shall raise its reasonable objection in writing
        together with the basis for such objection no later than fifteen (15) days
        after
        the delivery of such Straddle Period Tax Return. To the extent that Seller
        has
        so objected, Seller and Purchaser shall attempt in good faith to resolve
        the
        dispute and, if they are unable to do so, the disputed items shall be resolved
        within a reasonable time, taking into account the deadline for filing such
        Straddle Period Tax Return, by a mutually acceptable certified public accounting
        firm. Upon resolution of such disputed items, Purchaser shall file the relevant
        Straddle Period Tax Return on that basis. The costs, fees, and expenses of
        such
        certified public accounting firms shall be borne equally by Seller and
        Purchaser. In
        the
        event that the parties are unable to resolve a dispute with respect to a
        Straddle Period Tax Return prior to the due date of such Straddle Period
        Tax
        Return, Purchaser shall in all events be permitted to file such Straddle
        Period
        Tax Return as required by law.

       

       

      
        
          
          

        

        
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      (b)
        Cooperation.
        Seller
        and Purchaser shall reasonably cooperate, and shall cause their respective
        affiliates, officers, employees, agents, auditors and representatives reasonably
        to cooperate, in preparing and filing all Tax Returns, including maintaining
        and
        making available to each other all records necessary in connection with Taxes
        and in resolving all disputes and audits with respect to all taxable periods
        relating to Taxes. Seller and its affiliates will need access, from time
        to
        time, after the Closing Date, to certain accounting and Tax records and
        information held by the Transferred Companies to the extent such records
        and
        information pertain to events occurring prior to the Closing Date; therefore,
        Purchaser shall, and shall cause each Transferred Company to, (i) properly
        retain and maintain such records until the applicable statute of limitations
        expires (giving effect to any extension thereof), and (ii) allow Seller and
        its
        agents and representatives (and agents or representatives of any of its
        affiliates), at times and dates mutually acceptable to the parties, to inspect,
        review and make copies of such records as Seller may deem necessary or
        appropriate from time to time, such activities to be conducted during normal
        business hours and at Seller’s expense.

       

                      (c)
Refunds
        and Credits.
        Any
        refund or credit of Taxes described in Section 9.01(a)(i) or (ii) shall belong
        to and shall promptly be paid to Seller. Any refund or credit of Taxes of
        any
        Transferred Company for any taxable period beginning after the Closing Date
        shall belong to and shall promptly be paid to Purchaser. Any refund or credit
        of
        Taxes of any Transferred Company for any Straddle Period shall be equitably
        apportioned between Seller and Purchaser based on the principles described
        in
        9.01(c). Purchaser shall, if Seller so requests and at Seller’s expense, cause
        any Transferred Company to file for and obtain any refunds or credits to
        which
        Seller is entitled under this Section 5.07(c). Purchaser shall permit Seller
        to
        control the prosecution of any such refund claim and, where deemed appropriate
        by Seller, shall authorize by appropriate powers of attorney such persons
        as
        Seller shall designate to represent any Transferred Company with respect
        to such
        refund claim, provided
        that such claim is solely related to a Pre-Closing Period. Purchaser
        shall control the prosecution of any refund claim relating to a Straddle
        Period.
        Each party shall, or shall cause its affiliates to, forward to any other
        party
        entitled under this Section 5.07(c) to any refund or credit of Taxes any
        such
        refund within ten (10) days after such refund is received or reimburse such
        other party for any such credit within ten (10) days after the credit is
        allowed
        or applied against other Tax liability.

       

       

      
        
          
          

        

        
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      (d)
        Tax
        Sharing Agreements.
        Seller
        shall cause to be terminated on or before the Closing Date the provisions
        of any
        Tax sharing agreement between (i) Seller or any of its affiliates (other
        than
        the Transferred Companies) and (ii) any Transferred Company. After the Closing
        Date, no party shall have any rights or obligations under any such Tax sharing
        agreement.

       

      (e)
        Closing
        Date.
        On the
        Closing Date, Purchaser shall cause each Transferred Company to conduct its
        business in the ordinary course in substantially the same manner as presently
        conducted and shall not permit any Transferred Company to effect any
        extraordinary transactions (other than any such transactions expressly required
        by Applicable Law or by this Agreement) that could result in Tax liability
        or
        reduce any Tax attribute of any Transferred Company or any Subsidiary in
        excess
        of Tax liability associated with the conduct of its business in the ordinary
        course.

       

      (f)
        Percentage
        of Completion Method.
        From the
        date of this Agreement to the Closing, Seller shall use the percentage of
        completion method (as described in Section 460(b) of the Code) in determining
        the taxable income of the Transferred Companies with respect to long-term
        contracts (as defined in Treasury Regulation § 1.460-1(b)(1), a
“Long-Term
        Contract”)
        in a
        manner consistent with past practice. From and after the Closing, Purchaser
        and
        the Transferred Companies shall not revise or adjust any amount used to
        calculate the taxable income of the Transferred Companies with respect to
        any
        Long-Term Contract to the extent that such revision or adjustment results
        in any
        increase in the taxable income or Tax liability of any Transferred Company
        or of
        Seller and any of its affiliates for any Pre-Closing Tax Period, unless required
        to do so by any Applicable Law.

       

                      (g)
Estimates
        of Reserves.
        From and
        after the Closing, Purchaser and the Transferred Companies shall not revise
        or
        adjust any estimate of reserves for the purpose of computing any deduction
        for
        depletion (as described in Section 611 (a) of the Code) to the extent that
        such
        revision or adjustment results in an increase in the taxable income or Tax
        liability of any Transferred Company or of Seller and any of its affiliates
        for
        any Pre-Closing Tax Period, unless
        required to do so by any Applicable Law.

       

      SECTION
        5.08.  Post-Closing
        Cooperation.
        (a)
        Seller and Purchaser shall cooperate with each other, and shall cause their
        officers, employees, agents, auditors and representatives to cooperate with
        each
        other, for a period of 180 days after the Closing to ensure the orderly
        transition of the Transferred Companies from Seller to Purchaser and to minimize
        any disruption to the Transferred Companies and the other respective businesses
        of Seller and Purchaser that might result from the transactions contemplated
        hereby. After the Closing, upon reasonable written notice, Seller and Purchaser
        shall furnish or cause to be furnished to each other and their respective
        employees, counsel, auditors and representatives access, during normal business
        hours, to such information and assistance relating to the Transferred Companies
        (to the extent within the control of such party) as is reasonably necessary
        for
        financial reporting and accounting matters.

       

      (b)
        Each
        party shall reimburse the other for reasonable out-of-pocket costs and expenses
        incurred in assisting the other pursuant to this Section 5.08. Neither party
        shall be required by this Section 5.08 to take any action that would
        unreasonably interfere with the conduct of its business or unreasonably disrupt
        its normal operations (or, in the case of Purchaser, those of the Transferred
        Companies) or violate any Applicable Law.

       

       

      
        
          
          

        

        
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      (c)
        From
        and after the Closing, except as prohibited by any Applicable Laws relating
        to
        the safeguarding of data privacy, Purchaser shall, or shall cause its affiliates
        to, promptly in response to any request by Seller, provide Seller with all
        data
        and records requested by Seller relating to the employment of the Transferred
        Employees by Purchaser and its affiliates following the Closing in order
        to
        assist Seller and its affiliates in administering any Seller Benefit Plans
        (other than the Assumed Benefit Plan) that cover any Transferred Employees
        following the Closing.

       

      SECTION
        5.09.  Publicity.
        No
        public release or announcement concerning the transactions contemplated hereby
        shall be issued by any party without the prior consent of the other parties
        (which consent shall not be unreasonably withheld), except as such release
        or
        announcement may be required by law or the rules or regulations of any United
        States or foreign securities exchange, in which case the party required to
        make
        the release or announcement shall allow the other party reasonable time to
        comment on such release or announcement in advance of such issuance;
provided,
        however,
        that
        each of Seller and Purchaser may make internal announcements to their respective
        employees after reasonable prior notice to and consultation with the
        other.

       

      SECTION
        5.10.  Agreement
        Not To Compete; No Hire or Solicitation of Transferred
        Employees.
        (a)
        Seller understands that Purchaser shall be entitled to protect and preserve
        the
        going concern value of the business of the Transferred Companies to the extent
        permitted by law and that Purchaser would not have entered into this Agreement
        absent the provisions of this Section 5.10 and, therefore, for a period of
        three (3) years from the Closing (the “Restricted
        Period”),
        Seller shall not, and shall cause each of its affiliates (each of Seller
        and its
        affiliates, a “Restricted
        Entity”)
        not
        to, directly or indirectly, engage in activities or businesses or invest
        in,
        own, manage, operate, finance, control or participate in the ownership,
        management, operation, financing, or control of, any person that engages
        or
        conducts any businesses or activities (i) related to asphalt and concrete
        construction work or (ii) related to road and highway paving and repair,
        excavation and grading, or the production of asphaltic and ready-mix concrete,
        crushed stone or other aggregate, all as currently conducted by the Transferred
        Companies (“Competitive
        Activities”),
        provided
        that
        Competitive Activities shall not include the manufacturing, marketing,
        distribution or sale of chemical products (including composites, specialty
        polymers adhesives and other chemical products and road construction materials
        that include any such chemical products), other than, in all cases, aggregates,
        asphaltic and ready-mix concrete as currently produced and sold by any
        Transferred Company.

       

      (b)
        Section 5.10(a) shall be deemed not breached as a result of the ownership
        by the
        Restricted Entities, in the aggregate, of:

       

                            (i)
        no
        more
        than 5% of any class of equity security of a person that is engaged, directly
        or
        indirectly, in
        Competitive Activities,
        the
        securities of which are publicly traded on an internationally recognized
        securities exchange; or

       

       

      
        
          
          

        

        
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                            (ii)
        less
        than
        10%
        in
        value of any instrument of indebtedness,
        of a
        person engaged, directly or indirectly, in Competitive Activities, provided
        that
        such instrument is not convertible into more than 5% of any class of equity
        security of a person engaged,
        directly or indirectly, in Competitive Activities,
        the
        securities of which are publicly traded on an internationally recognized
        securities exchange;

       

      provided
        that in
        each case of clauses (i) and (ii), Restricted Entities, collectively, do
        not
        control the management or affairs of such person or do not have a right to
        designate a majority or such higher amount constituting a controlling number
        of
        the members of the board of directors (or similar governing body) of such
        person.

       

                      (c)
        For a period of
        twelve (12) months following the Closing, Seller shall not, and shall cause
        each
        of its affiliates not to, directly or indirectly hire any Transferred Employee,
        or solicit or induce such individuals to leave the employ of Purchaser or
        any of
        the Transferred Companies; provided,
        however,
        that
        the foregoing shall not apply to (i) any general solicitation of employment
        not
        targeted at Purchaser or the Transferred Companies or any such individual
        and
        any subsequent hiring of any such individual pursuant to such general
        solicitation, and (ii) any officer, director, or other individual if such
        officer, director or individual is discharged from employment with Purchaser,
        a
        Transferred Company or any of their respective affiliates at or after the
        Closing.

       

      (d)
        If,
        at any time of enforcement of any of the provisions of this Section 5.10,
        a
        court of competent jurisdiction holds that the restrictions stated in this
        Section 5.10 are unreasonable under the circumstances then existing, the
        parties
        hereto agree that the maximum period, scope or geographic area of this Section
        5.10 shall be limited to those that are reasonable under the
        circumstances.

       

      SECTION
        5.11.Resignations.
        On the
        Closing Date, Seller shall cause to be delivered to Purchaser duly signed
        resignations, effective immediately after the Closing, of all directors of
        each
        Transferred Company as Purchaser shall designate prior to the
        Closing.

       

      SECTION
        5.12.  Further
        Assurances.
        From
        time to time, as and when requested by any party, each party shall execute
        and
        deliver, or cause to be executed and delivered, all such documents and
        instruments and shall take, or cause to be taken, all such further or other
        actions, as such other party may reasonably deem necessary or desirable to
        consummate the transactions contemplated by this Agreement, including, in
        the
        case of Seller, executing and delivering to Purchaser such assignments, deeds,
        bills of sale, consents and other instruments as Purchaser or its counsel
        may
        reasonably request as necessary or desirable for such purpose.

       

      SECTION
        5.13.  Replacement
        of Credit Support.
        (a)
        Purchaser (i) shall use its commercially reasonable efforts to arrange, as
        soon
        as practicable after the Closing, at its sole cost and expense, for replacement
        arrangements for all guarantees, indemnities, letters of credit or similar
        assurances or credit support provided by Seller or any of its affiliates
        for the
        benefit of any Transferred Company, including replacement guarantees and
        letters
        of credit, in each case in existence as of the Closing Date and set forth
        on
        Schedule 5.13(a) of the Seller Disclosure Schedule and such other
        guarantees, indemnities, letters of credit or similar assurances or credit
        support provided by Seller or any of its affiliates for the benefit of any
        Transferred Company of which Seller informs Purchaser after the Closing or
        of
        which Purchaser is or becomes aware, in each case to the extent that Seller
        or
        any of its affiliates other than any Transferred Company continues to have
        any
        obligations thereunder (“Guarantees”),
        and
        (ii) shall use its commercially reasonable efforts to obtain, as soon as
        practicable after the Closing, releases indicating that Seller and its
        affiliates have no liability with respect to such Guarantees, in each case
        reasonably satisfactory to Seller.

       

       

      
        
          
          

        

        
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      (b)
        Purchaser shall use its commercially reasonable efforts, and shall cause
        the
        Transferred Companies to use their respective commercially reasonable efforts,
        to, as soon as practicable after the Closing, (i) replace (whether or not
        through novation, assumption, provision of a substitute instrument or otherwise)
        each general indemnity agreement, surety bond or similar instrument (each,
        a
“GIA”)
        provided by Seller to any surety company on behalf of the Transferred Companies
        and set forth on Schedule 5.13(b)-1 of the Seller Disclosure Schedule, to
        the extent such GIA is in effect on or after the Closing Date, with a GIA
        from
        Purchaser or a Transferred Company to such surety companies and obtain the
        release of Seller from the GIA to which it is a party set forth on
        Schedule 5.13(b)-2 to the extent such GIA is in effect on or after the
        Closing Date, (ii) replace all Owner & Contractors Protective or
        Railroad Protective Insurance Policies issued on behalf of Seller for the
        benefit of the Transferred Companies and set forth on Schedule 5.13(b)-3 of
        the Seller Disclosure Schedule (“OCP
        Policies”)
        to the
        extent such OCP Policies are in effect on or after the Closing Date and
        (iii) replace all certificates of insurance provided by Seller on behalf of
        any Transferred Company (“Certificates”).

       

      (c)
        To
        the extent that any Guarantee, GIA, OCP Policy or Certificate that Purchaser
        is
        required to replace pursuant to Section 5.13(a) or (b) is not replaced or
        Seller and its affiliates are not released from liability with respect thereto
        within 90 days after the Closing Date, Purchaser shall and hereby does indemnify
        Seller for any and all payments required to be made by Seller or any of its
        affiliates on or after the Closing Date under such Guarantee, GIA, OCP Policy
        or
        policy set forth on such Certificate; provided,
        however,
        that
        Purchaser shall continue to use its commercially reasonable efforts after
        such
        90-day period to replace such arrangements and obtain such releases as set
        forth
        in Section 5.13(a) and (b), in each case to the extent commercially reasonable
        after such 90 day-period.

       

      (d)
        Seller shall provide reasonable cooperation to Purchaser in connection with
        transactions contemplated pursuant to Sections 5.13(a) and (b); provided,
        however,
        that
        Seller shall not be obligated to expend money, commence, defend or participate
        in any litigation, incur any obligation in favor of, or offer or grant any
        accommodation (financial or otherwise) to, any third party, and all costs
        and
        expenses related to seeking and obtaining such replacement Guarantees, GIAs,
        OCP
        Policies, Certificates and releases shall be for Purchaser’s
        account.

       

      SECTION
        5.14.  Intercompany
        Advances, Debt and Receivables; Existing Financing.
        (a) On
        or prior to the Closing Date, all advances, indebtedness and receivables
        between
        any Transferred Company, on the one hand, and Seller and any of its affiliates
        (other than another Transferred Company), on the other (except for Permitted
        Intercompany Receivables and Payables), shall be satisfied and discharged
        in
        full or settled without payment of cash.

       

       

      
        
          
          

        

        
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      (b)
        On or
        prior to the Closing Date, (i) all guarantees or similar assurances, credit
        support or obligations of any Transferred Company provided in respect of any
        indebtedness of Seller and any of its affiliates (other than any Transferred
        Company) shall be terminated and released and the Transferred Companies shall
        have no further liability with respect thereto, (ii) the participation of
        the Transferred Companies in any and all group financing arrangements and
        facilities, including any commodity hedging arrangements, of Seller and any
        affiliates (other than any Transferred Company) shall be terminated and
        (iii) all other agreements and arrangements (other than the Transition
        Services Agreement and the Permitted Intercompany Receivables and Payables)
        between any Transferred Company, on the one hand, and Seller and its affiliates
        (other than any Transferred Company), on the other hand, shall be
        terminated.

       

      SECTION
        5.15.  Transition
        Services.
        After
        the Closing Date, and for the period of time specified in the Transition
        Services Agreement between Seller and Purchaser, substantially in the form
        as
        set forth in Exhibit A to this Agreement (the “Transition
        Services Agreement”),
        Seller shall provide the Transferred Companies with the services set forth
        in
        the Transition Services Agreement (the “Transition
        Services”).
        The
        Transition Services will be provided by Seller to the Transferred Companies
        at
        the fees and on the other terms and conditions set forth in the Transition
        Services Agreement.

       

      SECTION
        5.16.  Certain
        Contracts.
        (a)
        Immediately prior to the Closing, Seller and its affiliates (other than the
        Transferred Companies) shall (i) transfer and assign to APAC the Contracts
        set forth on Schedule 5.16(a)-1 of the Seller Disclosure Schedule (the
“Assigned
        Agreements”)
        and
        (ii) use commercially reasonable efforts cause APAC to enter into
        agreements (the “Replacement
        Agreements”)
        with
        providers party to the agreements set forth on Schedule 5.16(a)-2 of the
        Seller Disclosure Schedule (“Split
        Agreements”)
        on
        substantially similar terms and conditions as the Split Agreements.

       

      (b)
        Purchaser acknowledges that certain consents and waivers with respect to
        the
        transactions contemplated by this Agreement may be required from parties
        to the
        Contracts listed on the Schedules hereto and that such consents and waivers
        have
        not been obtained. Prior to the Closing, Seller and Purchaser shall cooperate
        to
        obtain all consents and waivers that may be required in connection with such
        Contracts including in connection with the assignment of the Assigned Agreements
        to APAC or entering into Replacement Agreements; provided,
        however,
        that
        such efforts shall not include any requirement of Seller or any of its
        affiliates to expend money, commence, defend or participate in any litigation,
        incur any obligation in favor of, or offer or grant any accommodation (financial
        or otherwise) to, any third party, and all costs and expenses related to
        seeking
        and obtaining such consents and waivers or entering into such Replacement
        Agreements shall be for Purchaser’s account. Without limiting the provisions set
        forth in the second sentence of this Section 5.16(b), (i) Purchaser agrees
        that
        Seller shall not have any liability whatsoever to Purchaser arising out of
        or
        relating to the failure to obtain any such consents or waivers, or because
        of
        the failure to enter into a Replacement Agreement or because of the termination
        of any Contract, Assigned Agreement or Split Agreement as a result of such
        failure and (ii) Purchaser further agrees that no representation, warranty
        or
        covenant of Seller contained herein shall be breached or deemed breached,
        and no
        condition shall be deemed not satisfied, as a result of (A) the failure to
        obtain any such consent or waiver or enter into such Replacement Agreement,
        (B)
        any such termination or (C) any lawsuit, action, Proceeding or investigation
        commenced or threatened by or on behalf of any person arising out of or relating
        to the failure to obtain any such consent, enter into such Replacement Agreement
        or any such termination.

       

       

      
        
          
          

        

        
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      (c)
        Without limiting the provisions set forth in the second sentence of Section
        5.16(b), if any such consent or waiver is not obtained, or a Replacement
        Agreement is not entered into, prior to the Closing, Seller, on the one hand,
        and Purchaser, on the other hand, each shall cooperate (at their own expense)
        in
        any lawful and commercially reasonable arrangement reasonably proposed by
        Purchaser under which Purchaser shall receive (without infringing upon the
        legal
        rights of such third party or outside party or violating any Applicable Law)
        the
        economic claims, rights and benefits (net of the amount of any related Tax
        costs
        imposed on Seller and its affiliates) under the asset, claim or right with
        respect to which the consent has not been obtained or Replacement Agreement
        has
        not been entered into in accordance with this Agreement, provided
        that
        Purchaser shall assume any related economic burden (including the amount
        of any
        related Tax costs imposed on Seller and its affiliates) with respect to the
        asset, claim or right with respect to which both of the following conditions
        apply: (i) the consent has not been obtained or Replacement Agreement has
        not
        been entered into (including any related liability) and (ii) such economic
        benefits have been received by Purchaser.

       

      SECTION
        5.17.  Books
        and Records.
        (a)
        After the Closing, Purchaser shall use commercially reasonable efforts to
        preserve and keep all books and records relating to the Transferred Companies
        with respect to any period prior to the Closing (“Purchaser
        Pre-Closing Books and Records”)
        for
        such periods as may be required by Applicable Law. If, after the Closing,
        Purchaser decides to destroy or to cease to maintain any Purchaser Pre-Closing
        Books and Records, Purchaser shall provide Seller with prior notice and an
        opportunity to review such Purchaser Pre-Closing Books and Records and shall
        have them transferred to Seller’s possession upon Seller’s request, and, if at
        such time Seller shall then be subject to any third party or other claim,
        including an indemnity claim under Article IX, Purchaser shall preserve all
        related Purchaser Pre-Closing Books and Records and provide access thereto
        for
        such reasonable period of time as Seller may request and deliver copies of
        the
        same to Seller. Purchaser’s obligations under this Section 5.17(a) shall survive
        any sale or other transfer of any of the assets or stock of any Transferred
        Company (as a whole or in part) to any other person, and any other transaction
        that involves the transfer of such books or records to another
        person.

       

      (b)
        After
        the Closing, Seller shall use commercially reasonable efforts to preserve
        and
        keep all books and records relating to the Transferred Companies with respect
        to
        any period prior to the Closing (“Seller
        Pre-Closing Books and Records”)
        for
        such periods as may be required by Applicable Law. If, after the Closing,
        Seller
        decides to destroy or to cease to maintain any Seller Pre-Closing Books and
        Records, Seller shall provide Purchaser with prior notice and an opportunity
        to
        review such Seller Pre-Closing Books and Records and shall have them transferred
        to Purchaser’s possession upon Purchaser’s request, and, if at such time
        Purchaser shall then be subject to any third party or other claim, including
        an
        indemnity claim under Article IX, Seller shall preserve all related Seller
        Pre-Closing Books and Records and provide access thereto for such reasonable
        period of time as Purchaser may request and deliver copies of the same to
        Purchaser.

       

      SECTION
        5.18.  No
        Use
        of the Ashland Name.
        Prior
        to the Closing, Seller shall change the names of the Transferred Companies
        set
        forth on Schedule 5.18 of the Seller Disclosure Schedule to discontinue any
        references to the Ashland Name and replace such references with “APAC”.
        Purchaser shall promptly, and in any event within one hundred eighty days
        (180)
        days after the Closing, (a) revise product literature, signage,
        letterheads, labeling and any other material to delete, strike over, sticker
        over or otherwise cover all references to the Ashland Name and (b) refrain
        from making any type of reference to the operation of the Transferred Companies
        as linked to the Ashland Name. After such one hundred eighty (180) day period,
        Purchaser shall in no event use the Ashland Name in any manner or for any
        purpose whatsoever. “Ashland
        Name”
means
        (i) “Ashland” and any variations thereof and (ii) any logos or trademarks of
        Seller or its affiliates not specifically included in Schedule 3.07 of the
        Seller Disclosure Schedule and of which Purchaser is or becomes aware.
        Notwithstanding the foregoing, Purchaser shall not be required to amend,
        modify
        or restate any Contract in order to remove the Ashland Name from such
        Contract.

       

       

      
        
          
          

        

        
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      SECTION
        5.19.  Insurance.
        (a)
        From and after the Closing, the Transferred Companies shall have all rights
        of a
        named insured with respect to any and all insurance policies applicable to
        the
        Transferred Companies and their respective assets and properties (the
“Applicable
        Insurance Policies”)
        with
        respect to an occurrence, accident, incident or claim that occurred prior
        to the
        Closing Date; provided,
        however,
        that
        with respect to an occurrence, accident, incident or claim that occurred
        prior
        to the Closing Date involving the Transferred Companies, the Transferred
        Companies (i) shall not be entitled to make any claims or collect any proceeds
        under the following policies or self-insurance programs (such policies and
        programs collectively, the “Excluded
        Policies”):
        (A)
        any policies issued by Seller’s insurance subsidiaries (except to the extent
        such policies that were or are reinsured to third party reinsurers and payment
        is actually made by such third party reinsurers), (B) any self insurance
        programs of Seller or its affiliates (except for excess reinsurance coverage)
        or
        (C) any other insurance policies or programs (including “fronting” or matching
        deductible insurance policies) whereby and to the extent that payments made
        pursuant to such policies or programs are indemnified by Seller or its
        affiliates (including Seller’s insurance subsidiaries) and (ii) agree to
        indemnify Seller with respect to any third party claims against the insurer
        under the Excluded Policies for which and to the extent Seller or its affiliates
        have indemnified such insurer.

       

      (b)
        Purchaser shall reimburse Seller for any claim payments and the related third
        party loss handling charges and other related administrative expenses payable
        to
        third parties; taxes, surcharges and assessments; and letter of credit fees
        allocable to the Transferred Companies with respect to claims against the
        insurer by the Transferred Companies after the Closing arising from an
        occurrence, accident, incident or claim that occurred prior to the Closing
        Date,
        in each case to the extent the payment with respect thereof is made by Seller
        on
        or after the Closing Date. Such reimbursement shall be made within fifteen
        (15)
        business days after receipt of an invoice from Seller setting forth reasonable
        details of the requested reimbursement.

       

      (c)
        Seller agrees to cooperate with Purchaser and the Transferred Companies in
        making claims under the Applicable Insurance Policies with
        respect to an
        occurrence, accident, incident or claim that occurred prior to the Closing
        Date,
        and shall remit promptly any recoveries with respect thereto, to the extent
        received by Seller or any of its affiliates, to Purchaser.

       

       

      
        
          
          

        

        
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      (d)
        From
        and after the Closing, Seller shall provide to Purchaser and its agents,
        upon
        request by Purchaser, reasonable access to copies of the Applicable Insurance
        Policies and other documents and information with respect to any claims made
        or
        that may potentially be made by or on behalf of the Transferred Companies
        or by
        third parties pursuant to any Applicable Insurance Policies (including any
        claims referred to in Section 5.19(a) above). Purchaser, at its own
        expense, shall be entitled to make copies of such policies, documents and
        information, provided
        that
        Purchaser shall not provide such documents to any third party without the
        prior
        written consent of Seller.

       

      (e)
        Notwithstanding the foregoing, nothing in this Section 5.19 shall obligate
        Seller or any of its affiliates to maintain any insurance policy or self
        insurance programs for an occurrence, accident or incident that occurred
        on or
        subsequent to the Closing Date.

       

      ARTICLE
        VI

       

      Employee
        Matters

       

      SECTION
        6.01.  Non-Transferred
        Employees.
        (a)
        Prior to the date of this Agreement, Purchaser and Seller have agreed in
        writing
        to a list of current APAC Employees and current Ashland/APAC Employees ,
        in each
        case who Purchaser does not wish to be employed by the Transferred Companies
        as
        of the Closing (such listed APAC Employees and Ashland/APAC Employees,
        collectively, the “Non-Transferred
        Employees”).
        Prior
        to the Closing, each Non-Transferred Employee shall be either
        (i) terminated by the Transferred Companies or by Seller, as the case may
        be (each, a “Terminated
        Employee”)
        or
        (ii) in the case of an APAC Employee who is a Non-Transferred Employee and
        who is not terminated prior to the Closing, transferred to employment with
        Seller, or in the case of an Ashland/APAC Employee who is a Non-Transferred
        Employee and who is not terminated prior to the Closing, retained by Seller
        (each, a “Retained
        Employee”).
        Purchaser shall reimburse Seller for all cash retention payments or cash
        severance payments (including all payroll taxes related to such payments)
        made
        under, or in accordance with, the terms of the APAC Divestiture Stay Bonus
        Letters, the APAC Divestiture Severance Program and the APAC Divestiture
        Severance Program for Executive Level Employees (such programs, together,
        the
“APAC
        Divestiture Programs”,
        and
        such cash payments, collectively, the “Termination
        Payments”)
        to
        (i) each Terminated Employee and (ii) to each Retained Employee whose
        employment is terminated on or prior to the six-month anniversary of the
        Closing.

       

      (b)
        At
        least two (2) business days prior to the Closing Date, Seller shall provide
        Purchaser with a schedule listing each Non-Transferred Employee who is a
        Terminated Employee and the amount of the Termination Payments paid or payable
        to each such Terminated Employee, and Purchaser shall reimburse Seller for
        all
        such amounts at the Closing by wire transfer to a bank account designated
        in
        writing by Seller (such designation to be made at least two (2) business
        days
        prior to the Closing) in immediately available funds. From time to time
        thereafter, Seller shall provide Purchaser with a schedule listing each Retained
        Employee whose employment has been terminated since the Closing or, if
        applicable, the date of the preceding such schedule, and the amount of the
        Termination Payments paid or payable to each such Retained Employee, and
        Purchaser shall reimburse Seller for all such amounts not later than five
        (5)
        business days following the delivery of such schedule by wire transfer to
        the
        bank account designated by Seller in such schedule in immediately available
        funds.

       

       

      
        
          
          

        

        
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      SECTION
        6.02.  Transferred
        Employees.
        (a)
        Prior to the Closing, Seller shall transfer the employment of each Ashland/APAC
        Employee who is not a Non-Transferred Employee to APAC. From and after the
        Closing, Purchaser shall retain the employment of each APAC Employee (including
        any Ashland/APAC Employee transferred to APAC pursuant to the first sentence
        of
        this Section 6.02) employed by the Transferred Companies immediately prior
        to
        the Closing (each, a “Transferred
        Employee”)
        which
        continuing employment shall be at a wage rate or salary that is no less
        favorable than such employee receives immediately prior to the Closing and
        within fifty (50) miles of each such employee’s work location as in effect
        immediately prior to the Closing and with benefits as provided in Section
        6.03.
        The terms and conditions of each Transferred Employee’s employment with the
        Purchaser shall be subject to (i) any existing agreements between any
        Transferred Company or Seller, on the one hand, and such Transferred Employee,
        on the other hand, including any APAC Divestiture Stay Bonus Letter to which
        such Transferred Employee is a party; (ii) any collective bargaining agreements
        that a Transferred Company is a party to or otherwise bound by covering such
        Transferred Employee immediately prior to the Closing; and (iii) any Applicable
        Law. For the avoidance of doubt, APAC Employees (including any Ashland/APAC
        Employees transferred to APAC pursuant to the first sentence of this Section
        6.02) employed immediately prior to the Closing shall include those APAC
        Employees (including any Ashland/APAC Employee transferred to APAC pursuant
        to
        the first sentence of this Section 6.02) who are actually at work on the
        Closing
        Date or who are not actively at work on the Closing Date due to vacation,
        holiday, illness, jury duty, bereavement leave or other leave of absence,
        including short-term disability leave, military leave and family and medical
        leave under Applicable Law, and shall not include any Non-Transferred Employee
        or any APAC Employee or Ashland/APAC Employee who is not actively at work
        on the
        Closing Date and whose short term disability period has ended and as a result
        has become eligible to receive long-term disability benefits prior to the
        Closing Date. Nothing in this Section 6.02(a) shall restrict Purchaser, the
        Transferred Companies or their affiliates from terminating the employment
        of any
        Transferred Employee with Purchaser at any time after the Closing.

       

      (b)
        From
        and after the Closing, Purchaser shall, or shall cause its affiliates to,
        comply
        with the terms of all collective bargaining agreements (including all
        obligations to contribute to pension plans) that cover one or more Transferred
        Employees (each, a “CBA”)
        as in
        effect on the Closing Date and to comply with Applicable Law. Notwithstanding
        anything to the contrary in this Section 6.02(b), Purchaser further agrees
        that the provisions of this Article VI shall be subject to any applicable
        provisions of a CBA in respect of Transferred Employees, to the extent such
        provisions are inconsistent with or otherwise in conflict with the provisions
        of
        any such CBA.

       

      (c)
        The
        parties hereto intend that each Transferred Employee shall have continuous
        and
        uninterrupted employment immediately prior to and immediately after the Closing,
        and that, except as otherwise specifically provided for in APAC Divestiture
        Programs or the APAC Mirror Divestiture Programs, for purposes of any severance
        or termination benefit plan, program, policy, agreement or arrangement of
        Seller
        or any Transferred Company, any change in employer contemplated by this
        Agreement shall not constitute a severance of employment of any Transferred
        Employee.

       

       

      
        
          
          

        

        
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      SECTION
        6.03.  Benefits.
        (a)
        Purchaser shall provide each Transferred Employee with the employee benefits,
        employment policies and employment programs that are no less favorable than
        the
        Purchaser provides its employees who are similarly situated to such Transferred
        Employee.

       

      (b)
        (i)
        Effective as of the Closing, the Transferred Employees shall cease all
        participation in all Seller Benefit Plans other than the Assumed Benefit
        Plan
        (other than as a former employee of Seller and its affiliates to the extent,
        if
        any, required by the terms of such Seller Benefit Plan).

       

              (ii)
        From and after
        the Closing, Purchaser shall, or shall cause its affiliates to, assume and
        honor
        the Assumed Benefit Plan as in effect as of the Closing, regardless of whether
        the obligations, liabilities and commitments pursuant to the Assumed Benefit
        Plan arise prior to, on or after the Closing. Purchaser agrees to reasonably
        cooperate with Seller to transfer the assets and liabilities of the Assumed
        Benefit Plan to a trust maintained by the Purchaser or its affiliates that
        is
        exempt from tax under Section 501(a) of the Code and to effect such
        transfer in compliance with all Applicable Laws, including, without limitation
        the applicable provisions of the Sarbanes-Oxley Act of 2002.

       

      (c)
        With
        respect to each “employee welfare benefit plan” within the meaning of
        Section 3(1) of ERISA, maintained by Purchaser or its affiliates for the
        benefit of the Transferred Employees (a “Purchaser
        Welfare Plan”),
        Purchaser shall, and shall cause its third party insurance providers and/or
        third party administrators and claims administrators to, (A) waive all
        limitations as to insurability, proof of good health, preexisting conditions,
        exclusions and waiting periods and actively-at-work requirements with respect
        to
        participation and coverage requirements applicable to the each Transferred
        Employees and his or her dependents under the Purchaser Welfare Plans and
        (B) provide each Transferred Employee and his or her eligible dependents
        with credit under Purchaser Welfare Plans for any co-payments, co-insurance
        and
        deductibles paid under corresponding Seller Benefit Plans prior to the Closing
        Date for purposes of satisfying any applicable deductible or out-of-pocket
        requirements under any Purchaser Welfare Plans in which the APAC Employees
        and
        their dependents participate.

       

      (d)
        Purchaser shall, and shall cause its affiliates to, credit service accrued
        by
        each Transferred Employees with, or otherwise recognized for benefit plan
        purposes by, the Transferred Companies, Seller and its subsidiaries and
        affiliates as of the Closing Date (“Pre-Closing
        Date Service”)
        for
        all purposes (including for purposes of eligibility to participate, early
        retirement eligibility and early retirement subsidies, vesting and benefit
        accrual) under any employee benefit plans and arrangements and
        employment-related entitlements provided, maintained or contributed to by
        Purchaser and/or its affiliates, for such Transferred Employee’s Pre-Closing
        Date Service to the same extent recognized by the Transferred Companies,
        Seller
        and its affiliates immediately prior to the Closing, provided,
        however,
        that if
        Purchaser or any of its affiliates offers a defined benefit pension plan
        to any
        Transferred Employee, the accrued benefit thereunder for each such Transferred
        Employee shall be reduced by the benefit such Transferred Employee is entitled
        to under any defined benefit pension plan of Seller or its affiliates in
        which
        such Transferred Employee participated, calculated as of the day immediately
        prior to the Closing Date in the same manner and using the same actuarial
        assumptions used to determine the lump-sum mandatory cash-out amount under
        the
        terms of such plan.

       

       

      
        
          
          

        

        
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      (e)
        For
        purposes of determining the number of vacation days to which each Transferred
        Employee shall be entitled, Purchaser shall assume and honor all vacation
        days
        (regular, supplemental or banked) earned but not yet taken by such Transferred
        Employee as of the Closing Date. To the extent that a Transferred Employee
        is
        entitled under any Applicable Law or any policy of Seller or any of its
        affiliates to be paid for any vacation days (regular, supplemental or banked)
        earned but not yet taken by such Transferred Employee as of the Closing Date,
        Purchaser shall assume the liability for such vacation days.

       

      (f)
        Purchaser shall continue to maintain in full force and effect for such period
        as
        is required to give effect to the terms thereof, the APAC Divestiture Mirror
        Severance Program and the APAC Divestiture Mirror Severance Program for
        Executive Level Employees (collectively, the “APAC
        Mirror Divestiture Programs”)
        on the
        same terms as in effect as of the date of this Agreement. Purchaser shall
        be
        solely responsible and liable for making all payments to be made and benefits
        to
        be provided under, or in accordance with, the terms of the APAC Mirror
        Divestiture Programs. Purchaser shall assume all Seller's obligations under
        the
        APAC Divestiture Stay Bonus Letters. Purchaser shall discharge all obligations
        under the APAC Mirror Divestiture Programs and the APAC Divestiture Stay
        Bonus
        Letters. Except as specifically set forth in Section 6.01 or this
        Section 6.03(c), Seller shall be solely responsible for any severance
        benefits incurred with respect to any Ashland/APAC Employee prior to the
        Closing
        for reasons unrelated to the transaction contemplated by this
        Agreement.

       

      SECTION
        6.04.  Employee-Related
        Liabilities.
        (a) (i)
        Except as otherwise expressly provided in Section 6.04(c), Purchaser and
        its
        affiliates shall be liable for all employment and employee benefits-related
        matters, liabilities, obligations, commitments, claims and losses incurred
        or
        arising prior to, on or after the Closing Date, for each Transferred
        Employee.

       

              (ii)
        Except as
        otherwise expressly provided in Sections 6.03(e) and 6.04(b), Seller shall
        be liable for all employment and employee benefits-related matters, liabilities,
        obligations, commitments, claims and losses incurred or arising prior to,
        on or
        after the Closing Date, for each Non-Transferred Employee.

       

      (b)
        Purchaser and its affiliates shall be solely liable for all liabilities,
        obligations, commitments, claims and losses incurred or arising with respect
        to
        salary and wages (including payroll taxes) for the payroll period in which
        the
        Closing occurs in respect of each Transferred Employee who was an Ashland/APAC
        Employee.

       

       

      
        
          
          

        

        
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      (c)
        (i)
        Seller shall retain all liabilities (A) for benefits continuation in accordance
        with Section 4980B of the Code with respect to each APAC Employee and
        Ashland/APAC Employee (and any dependents and beneficiaries of such APAC
        Employees and Ashland/APAC Employees) whose “qualifying event” occurs prior to
        the Closing; (B) for long term disability liabilities with respect to each
        APAC
        Employee and Ashland/APAC Employee who is not actively at work on the Closing
        Date and whose short term disability period has ended and who has become
        eligible for long-term disability benefits prior to the Closing Date; (C)
        under
        all qualified and nonqualified retirement plans of Seller other than the
        Assumed
        Benefit Plan; (D) under the Seller Benefit Plans that are welfare benefit
        plans
        (within the meaning of Section 3(1) of ERISA) (I) with respect to claims
        that
        have been paid on or prior to the Closing with respect to any Transferred
        Employees who are APAC Employees (and their eligible dependents and
        beneficiaries) other than Ashland/APAC Employees, and (II) with respect to
        claims that are incurred and reported (i.e.,
        “date-stamped”) prior to the Closing with respect to any Ashland/APAC Employees
        who are Transferred Employees (and their eligible dependents and beneficiaries);
        (E) for all payments due under the terms of the Seller’s flexible spending
        account plans, programs and arrangements with respect to claims that are
        incurred on or prior to December 31, 2006; and (F) for retiree medical, dental
        or group life insurance benefits with respect to retired former APAC Employees
        and retired former Ashland/APAC Employees (and, in each case, their eligible
        dependents and beneficiaries) and current APAC Employees and Ashland/APAC
        Employees (and, in each case, their eligible dependents and beneficiaries)
        who
        would be eligible to retire as of the Closing Date, provided,
        however,
        that
        for purposes of determining the amount of such benefits, age and service
        shall
        be credited only through the Closing Date.

       

              (ii)
        With respect to
        any annual or long-term incentive plan or arrangement of Seller in which
        a
        Transferred Employee participates that relates to any period commencing prior
        to
        and ending after the Closing Date, at the times prescribed by such applicable
        plan or arrangement as in effect as of the Closing Date, Seller shall make
        payments to such Transferred Employee in accordance with the terms of such
        applicable plan or arrangement as in effect as of the Closing Date, on a
        pro-rata basis with such modifications as are required, in Seller’s sole
        discretion, to take into account the impact of the transactions contemplated
        by
        this Agreement on the performance measures (quantitative and qualitative)
        set
        forth in such applicable plan or arrangement.

       

      SECTION
        6.05.  Compliance
        with Local Law.
        Purchaser and Seller agree to comply with all Applicable Laws, rules and
        collective agreements pertaining to the subject matter of this Article VI
        and
        applicable to Purchaser and Seller, respectively.

       

       

      
        
          
          

        

        
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      ARTICLE
        VII

       

      Conditions
        Precedent

       

      SECTION
        7.01.  Conditions
        to Each Party’s Obligation.
        The
        obligation of Purchaser to purchase and pay for the Shares and the obligation
        of
        Seller to sell the Shares to Purchaser is subject to the satisfaction or
        waiver
        on or prior to the Closing of the following conditions:

       

      (a)
        Governmental
        Approvals.
        All
        applicable waiting periods (and any extensions thereof) under the HSR Act
        to the
        consummation of the Acquisition, shall have expired or been
        terminated.

       

       

      
        
          
          

        

        
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      (b)
        No
        Injunctions or Restraints.
        No
        Applicable Law or injunction enacted, entered, promulgated, enforced or issued
        by any Governmental Entity or other legal restraint or prohibition preventing
        the consummation of the Acquisition shall be in effect.

       

      SECTION
        7.02.Conditions
        to Obligation of Purchaser.
        The
        obligation of Purchaser to purchase and pay for the Shares is subject to
        the
        satisfaction (or waiver by Purchaser) on or prior to the Closing Date of
        the
        following conditions:

       

      (a)
        Representations
        and Warranties.
        The
        representations and warranties of Seller in this Agreement that are qualified
        as
        to “materiality” (including by reference to a specified dollar amount) or
“Company Material Adverse Effect” shall be true and correct, and those not so
        qualified shall be true and correct in all material respects, as of the Closing
        Date as though made on the Closing Date, except to the extent such
        representations and warranties expressly relate to an earlier date (in which
        case such representations and warranties qualified as to materiality (including
        by reference to a specified dollar amount) or “Company Material Adverse Effect”
shall be true and correct, and those not so qualified shall be true and correct
        in all material respects, on and as of such earlier date); provided,
        however,
        that
        notwithstanding the foregoing, the representations and warranties set forth
        in
        Section 3.15(vii) shall be true and correct as of the Closing Date in all
        respects. Purchaser shall have received a certificate signed by an authorized
        officer of Seller to such effect.

       

      (b)
        Performance
        of Obligations of Seller.
        Seller
        shall have performed or complied in all material respects with all obligations
        and covenants required by this Agreement to be performed or complied with
        by
        Seller by the time of the Closing, and Purchaser shall have received a
        certificate signed by an authorized officer of Seller to such
        effect.

       

      (c)
        Absence
        of Proceedings.
        No
        Governmental Entity shall have brought or threatened to bring any Proceeding
        (i)
        challenging or seeking to restrain or prohibit the Acquisition or any other
        transaction contemplated by this Agreement or the Ancillary Agreements or
        seeking to obtain from Purchaser or any of its subsidiaries in connection
        with
        the Acquisition any damages that are material in relation to Purchaser, APAC
        and
        their respective subsidiaries, taken as a whole, (ii) seeking to prohibit
        or
        limit the ownership or operation by Purchaser or any of its subsidiaries
        of any
        portion of the business or assets of Purchaser, APAC or any of their respective
        subsidiaries that is material in relation to Purchaser, APAC and their
        respective subsidiaries, taken as a whole, or to compel Purchaser, APAC or
        any
        of their respective subsidiaries to dispose of or hold separate any material
        portion of the business or assets of Purchaser, APAC or any of their respective
        subsidiaries that is material in relation to Purchaser, APAC and their
        respective subsidiaries, taken as a whole, in each case as a result of the
        Acquisition or any of the other transactions contemplated by this Agreement,
        (iii) seeking to impose limitations on the ability of Purchaser to acquire
        or
        hold, or exercise full rights of ownership of, the Shares, including the
        right
        to vote the Shares on all matters properly presented to the stockholders
        of APAC
        or (iv) seeking to prohibit Purchaser or any of its subsidiaries from
        effectively controlling in any material respect the business or operations
        of
        any Transferred Company.

       

       

      
        
          
          

        

        
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      (d)
        Tax
        Certificate.
        Seller
        shall deliver to Purchaser a certification of non-foreign status executed
        by
        Seller and satisfying the requirements of § 1.1445-2(b)(2)(i) of the United
        States Treasury Regulations promulgated under the Code.

       

      (e)
        Transition
        Services Agreement.
        Seller
        shall have executed and delivered to Purchaser the Transition Services
        Agreement.

       

      (f)
        Assignment
        and Assumption Agreement.
        Purchaser shall have received an Assignment and Assumption Agreement
        substantially in the form of Exhibit E hereto executed and delivered by Seller
        and APAC.

       

      SECTION
        7.03.  Conditions
        to Obligation of Seller.
        The
        obligation of Seller to sell is subject to the satisfaction (or waiver by
        Seller) on or prior to the Closing Date of the following
        conditions:

       

      (a)
        Representations
        and Warranties.
        The
        representations and warranties of Purchaser, CRH and Oldcastle made in this
        Agreement and the Guaranty Agreements that are qualified as to “materiality”
(including by reference to a dollar amount) or “Purchaser Material Adverse
        Effect” shall be true and correct, and those not so qualified shall be true and
        correct in all material respects, as of the Closing Date as though made on
        the
        Closing Date, except to the extent such representations and warranties expressly
        relate to an earlier date (in which case such representations and warranties
        qualified as to “materiality” (including by reference to a specified dollar
        amount) or “Purchaser Material Adverse Effect” shall be true and correct, and
        those not so qualified shall be true and correct in all material respects,
        on
        and as of such earlier date). Seller shall have received a certificate signed
        by
        an authorized officer of each of Purchaser, CRH and Oldcastle to such
        effect.

       

      (b)
        Performance
        of Obligations of Purchaser, CRH and Oldcastle.
        Each of
        Purchaser, CRH and Oldcastle shall have performed or complied in all material
        respects with all of its obligations and covenants required by this Agreement
        and the Guaranty Agreements to be performed or complied with by Purchaser,
        CRH,
        or Oldcastle, as applicable, by the time of the Closing, and Seller shall
        have
        received a certificate signed by an authorized officer of each of Purchaser,
        CRH
        and Oldcastle to such effect.

       

      (c)
        Absence
        of Proceedings.
        No
        Governmental Entity shall have brought or threatened to bring any Proceeding
        challenging or seeking to restrain or prohibit the Acquisition or any other
        transaction contemplated by this Agreement or the Ancillary Agreements or
        seeking to obtain from Seller or any of its subsidiaries in connection with
        the
        Acquisition any damages that are material in relation to Seller and its
        subsidiaries taken as whole.

       

      (d)
        Transition
        Services Agreement.
        Purchaser shall have executed and delivered to Seller the Transition Services
        Agreement.

       

      (e)
        APAC
        Indemnity Letter.
        APAC
        shall have executed and delivered to Seller the APAC Indemnity
        Letter.

       

       

      
        
          
          

        

        
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      (f)
        Guaranty
        Agreements.
        Each of
        the Guaranty Agreements shall be in full force and effect and shall not have
        been modified, amended, terminated or withdrawn.

       

              SECTION
        7.04.  Effect
        of Certain Waivers of Closing Conditions. If
        (a) prior to the Closing any party (the “Informing
        Party”)
        informs another party (the “Waiving
        Party”)in
        writing of any breach by the Informing Party of any representation or warranty
        contained in this Agreement and acknowledges in writing that the effect of
        such
        breach is a failure of any condition to the Waiving Party’s obligations set
        forth in this Article VII and (b) the Waiving Party proceeds with the
        Closing, the Waiving Party shall be deemed to have waived such breach and
        the
        Waiving Party and its successors, assigns and affiliates shall not be entitled
        to be indemnified pursuant to Article IX, to sue for damages or to assert
        any
        other right or remedy for any losses arising from any matters relating to
        such
        condition or breach, notwithstanding anything to the contrary contained herein
        or in any certificate delivered pursuant hereto.

       

      ARTICLE
        VIII

       

      Termination,
        Amendment and Waiver

       

      SECTION
        8.01.  Termination.
        (a)
        Notwithstanding anything to the contrary in this Agreement, this Agreement
        may
        be terminated and the Acquisition and the other transactions contemplated
        by
        this Agreement abandoned at any time prior to the Closing:

       

              (i)
        by mutual written
        consent of Seller and Purchaser;

       

              (ii)
        by Seller if any
        of the conditions set forth in Sections 7.01 or 7.03 shall have become incapable
        of fulfillment, and shall not have been waived by Seller;

       

              (iii)
        by Purchaser if
        any of the conditions set forth in Sections 7.01 or 7.02 shall have become
        incapable of fulfillment, and shall not have been waived by Purchaser;
        or

       

              (iv)
        by Seller or
        Purchaser, if the Closing does not occur on or prior to October 2,
        2006;

       

      provided,
        however,
        that
        the party seeking termination pursuant to clause (ii), (iii) or (iv) is not
        then
        in material breach of any of its representations, warranties, covenants or
        agreements contained in this Agreement.

       

      (b)
        In
        the event of termination by Seller or Purchaser pursuant to this Section
        8.01,
        written notice thereof shall forthwith be given to the other and the
        transactions contemplated by this Agreement shall be terminated, without
        further
        action by any party. If the transactions contemplated by this Agreement are
        terminated as provided herein:

       

              (i)
        Purchaser shall
        return all documents and other material received from Seller relating to
        the
        transactions contemplated hereby, whether so obtained before or after the
        execution hereof, to Seller; and

       

       

      
        
          
          

        

        
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                                  (ii)
        all confidential
        information received by Purchaser with respect to the business of Seller
        or the
        Transferred Companies shall be treated in accordance with the Confidentiality
        Agreement, which shall remain in full force and effect in
        accordance with its terms,
        notwithstanding the termination of this Agreement.

       

      SECTION
        8.02.  Effect
        of Termination.
        If this
        Agreement is terminated and the transactions contemplated hereby are abandoned
        as described in Section 8.01, this Agreement shall become null and void and
        of
        no further force and effect, except for the provisions of (i) Section 5.03
        relating to the obligation of Purchaser to keep confidential certain information
        and data obtained by it, (ii) Section 5.05 relating to certain expenses,
        (iii)
        Section 5.06 relating to finder’s fees and broker’s fees, (iv) Section 5.09
        relating to publicity, (v) Section 8.01 and this Section 8.02; and (vi) Sections
        10.03 through 10.11. Nothing in this Section 8.02 shall be deemed to release
        any
        party from any liability for any breach by such party of the terms and
        provisions of this Agreement or to impair the right of any party to compel
        specific performance by any other party of its obligations under this
        Agreement.

       

      SECTION
        8.03.  Amendments
        and Waivers.
        This
        Agreement may not be amended except by an instrument in writing signed on
        behalf
        of each of the parties hereto. By an instrument in writing, Purchaser, on
        the
        one hand, or Seller, on the other hand, may waive compliance by the other
        with
        any term or provision of this Agreement that such other party was or is
        obligated to comply with or perform.

       

      ARTICLE
        IX

       

      Indemnification

       

      SECTION
        9.01.  Tax
        Indemnification.
        (a) From
        and after the Closing, Seller shall be liable for, and shall indemnify
        Purchaser, its affiliates (including the Transferred Companies) and each
        of
        their respective officers, directors, employees, stockholders, agents and
        representatives (the “Purchaser
        Indemnitees”)
        against and hold them harmless from (i) all liability for income Taxes of
        any
        Transferred Company for Pre-Closing Tax Periods; (ii) all liability for
        non-income Taxes of any Transferred Company for Pre-Closing Tax Periods in
        excess of the amount of such non-income Taxes included in the Closing Balance
        Sheet Amount; (iii) all liability for Taxes of any member (other than any
        Transferred Company) of an affiliated, consolidated, combined or unitary
        group
        of which any Transferred Company is or was a member on or prior to the Closing
        Date pursuant to Treasury Regulation § 1.1502-6 or any comparable provision of
        state, local, or foreign law or regulation; and (iv) all liability for
        reasonable legal fees and expenses attributable to any item in clause (i),
        (ii)
        or (iii) above. Notwithstanding the foregoing, Seller shall not indemnify
        and
        hold harmless any Purchaser Indemnitee from any liability for Taxes (i)
        attributable to any action taken after the Closing by Purchaser, any of its
        affiliates (including any Transferred Company), or any transferee of Purchaser
        or any of its affiliates (other than any such action expressly required by
        Applicable Law or by this Agreement) or any breach by Purchaser or any such
        person of its obligations under this Agreement (a “Purchaser
        Tax Act”),
        including any changes in accounting methods or elections (including revision
        or
        adjustment by Purchaser or any Transferred Company to any calculation concerning
        any Long-Term Contract, unless required by Applicable Law) or (ii) imposed
        on
        Purchaser or any of the Transferred Companies with respect to recapture in
        a
        Post-Closing Tax Period of percentage depletion pursuant to Section 1254
        of the
        Code or otherwise.

       

       

      
        
          
          

        

        
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      (b)
        From
        and after the Closing, Purchaser shall indemnify Seller and its affiliates
        and
        each of their respective officers, directors, employees, stockholders, agents
        and representatives (the “Seller
        Indemnitees”)
        and
        hold them harmless from (i) all liability for Taxes of the Transferred Companies
        for any Post-Closing Tax Period, (ii) all liability for Taxes attributable
        to a
        Purchaser Tax Act or to a failure to comply by Purchaser with its obligations
        under this Agreement, (iii) all liability for Taxes (A) arising as a result
        of any revision or adjustment by Purchaser or the Transferred Companies with
        respect to any calculation concerning any Long-Term Contract, unless required
        by
        Applicable Law or (B) imposed on Purchaser or any of the Transferred Companies
        with respect to the recapture of percentage depletion pursuant to Section
        1254
        of the Code or otherwise, and (iv) all liability for reasonable legal fees
        and
        expenses attributable to any item in clause (i), (ii) or (iii)
        above.

       

                      (c)
        The amount of any
        Taxes of any Transferred Company (other than Property Taxes) allocable to
        the
        portion of the Straddle Period ending on the Closing shall be determined
        based
        on an interim closing of the Company’s books as of the Closing (based on the
        actual operations of the Company during the portion of the Straddle Period
        ending on the Closing Date and the portion of such period beginning after
        the
        Closing Date), consistent with its past practice for reporting items, except
        that exemptions, allowances or deductions that are calculated on a time basis,
        such as deductions for depreciation, shall be apportioned on a time basis.
        The
        amount of real, personal and intangible property Taxes (“Property
        Taxes”)
        of a
        Transferred Company for a Straddle Period allocable to the portion of the
        Straddle Period ending on the Closing shall be equal to the amount of the
        Property Taxes imposed in respect of real, personal and intangible property
        owned by such Transferred Company prior to the Closing for the entire Straddle
        Period, multiplied by a fraction, the numerator of which is the number of
        days
        during the portion of the Straddle Period beginning on the first date in
        such
        Straddle Period on which such real, personal or intangible property was owned
        by
        the Company and ending on the Closing Date and the denominator of which is
        the
        number of days in the entire Straddle Period. All Property Taxes of a
        Transferred Company for the Straddle Period not allocated to the portion
        of the
        Straddle Period ending on the Closing Date pursuant to the preceding sentence
        shall be allocated to the portion of the Straddle Period beginning after
        the
        Closing Date.

       

      (d)
        Any
        indemnity payment to be made under this Section 9.01 shall be paid within
        thirty
        (30) days after the indemnified party makes written demand upon the indemnifying
        party, but in no case earlier than five (5) business days prior to the date
        on
        which the relevant Taxes are required to be paid by the indemnified party
        to the
        relevant Taxing Authority (including as estimated Tax payments). To the extent
        that indemnity is sought with respect to a particular Tax for a Pre-Closing
        Tax
        Period, any payment, including any estimated payment, with respect to such
        Tax
        made by or on behalf of any Transferred Company on or prior to the Closing
        Date
        shall each be credited to any indemnity obligation in respect of such Tax
        for
        the Pre-Closing Tax Period.

       

       

      
        
          
          

        

        
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      SECTION
        9.02.  Other
        Indemnification by Seller.
        (a) From
        and after the Closing, Seller shall be liable for, and shall indemnify each
        Purchaser Indemnitee against and hold it harmless from, any loss, liability,
        claim, obligation, damage or expense including reasonable legal fees and
        expenses (collectively, “Losses”),
        suffered or incurred by such Purchaser Indemnitee (other than any Loss relating
        to Taxes (except in the case of the covenants set forth in Section 5.07),
        for
        which indemnification provisions are exclusively set forth in Section 9.01)
        to
        the extent arising from any of the following:

       

              (i)
        any breach as of
        the Closing Date of any representation or warranty of Seller contained in
        this
        Agreement (other than Section 3.10), in any Ancillary Agreement or in any
        certificate delivered pursuant hereto;

       

              (ii) 
(A)
        any
        breach of any covenant of Seller contained in this Agreement (x) prior to
        the Closing (other than for breaches of covenants described in Section
        9.02(a)(ii)(B)) or (y) after the Closing;

       

                                     (B)
        any knowing and
        wilful material breach of Section 5.01 made with an intent to obtain the
        benefit
        of the limitations on indemnity set forth in Section 9.02(b);

       

              (iii)
        any fees,
        expenses or other payments incurred or owed by Seller to any brokers, financial
        advisors or comparable other persons retained or employed by it in connection
        with the transactions contemplated by this Agreement;

       

                                  (iv)
        any Third Party
        Claim to the extent, and only to the extent, such claim alleges (A) exposure
        to
        asbestos arising from the actual or alleged manufacture, production, sale,
        distribution, conveyance, or placement in the stream of commerce by any of
        the
        Transferred Companies or their respective predecessors in interest prior
        to the
        Closing Date of any product, merchandise, manufactured good, part, component,
        or
        any other item actually or allegedly comprised of or containing asbestos,
        or (B)
        exposure to asbestos prior to the Closing Date arising from the repair,
        maintenance, installation, or use by any current or former employee, contractor
        or subcontractor of any of the Transferred Companies or their respective
        predecessors in interest of any building material or fixture (excluding,
        for the
        avoidance of doubt, any pipes, machinery, equipment, vehicles, spare parts
        and
        other personal property) allegedly comprised of or containing asbestos and
        appurtenant to any facility or real property then owned or leased by the
        Transferred Companies or their respective predecessors in interest (except
        to
        the extent any such claims arise under, or are barred or covered by, workers’
compensation and workers’ compensation, disability or other insurance providing
        medical care and/or compensation to injured workers);

       

              (v)
        the failure of
        Seller or any other person to pay, perform or otherwise promptly discharge
        any
        liabilities and obligations required to be satisfied by Seller pursuant to
        Sections 6.03(f) and 6.04; and

       

       

      
        
          
          

        

        
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              (vi)
        any liability or
        obligation under any Assigned Contract to the extent arising out of events
        or
        circumstances that occurred prior to the Closing and that relate to the business
        of Seller and its affiliates (other than the business of the Transferred
        Companies).

       

       

      For
        the
        purposes of Section 9.02(a)(i), the representations and warranties set forth
        in
        any of Articles II and III shall be deemed made as of the Closing
        Date.

      

      (b)
        Seller shall not be required to indemnify any Purchaser Indemnitee, and shall
        not have any liability:

       

                                 (i)
        under
        clauses (i), (ii)(A)(x) and (iv) of Section 9.02(a), unless the aggregate
        of all Losses for which Seller would, but for this clause (i), be liable
        thereunder exceeds on a cumulative basis an amount equal to one and a half
        percent (1.5)% of the Purchase Price, and then only to the extent of any
        such
        excess; provided,
        however,
        that
        this clause (i) shall not apply to any claim for indemnification arising
        out of
        a breach of any
        of
        Sections 2.01, 2.02 and 2.04 (collectively, the “Specified
        Representations”);

       

                                 (ii)
        under
        clauses (i), (ii)(A)(x) and (iv) of Section 9.02(a), for any individual
claim
        or
        any series of claims for Losses arising from the same or similar facts, conduct,
        events, circumstances, occurrences or causes
        where
        the Loss relating thereto is less than $100,000 and such claims shall not
        be
        aggregated for purposes of clause (i) of this Section 9.02(b); provided,
        however,
        that
        this clause (ii) shall not apply to any claim for indemnification arising
        out of
        a breach of any
        Specified Representations; provided,
        further,
        that
        all claims pursuant to Section 9.02(a)(iv)(A) shall be deemed to have arisen
        from the same facts and events;

       

              (iii)
        under
        clauses (i) and (ii)(A)(x) of Section 9.02(a), for any breach if Section
        7.04 is applicable to such breach;

       

                                  (iv)
        under
        clauses (i) and (ii)(A)(x) of Section 9.02(a), in the aggregate, in excess
        of twenty-five percent (25%) of the Purchase Price; provided,
        however,
        that
        this clause (iv) shall not apply to any claim for indemnification arising
        out of
        a breach of any Specified Representations;

       

              (v)
        under clause (i)
        of Section 9.02(a) with respect to Specified Representations, in the
        aggregate, in excess of the Purchase Price;

       

              (vi)
        under clause
        (iv) of Section 9.02(a) in the aggregate, in excess of fifty percent (50%)
        of
        the Purchase Price;

       

       

      
        
          
          

        

        
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              (vii)
        under clauses
        (i), (ii)(A)(x) and (iv) of Section 9.02(a) in the aggregate in excess of
        the
        Purchase Price, provided
        that the
        limitations on liability set forth in clauses (iv), (v) and (vi) of this
        Section
        9.02(b) shall continue to apply.

       

      (c)
        Notwithstanding anything herein to the contrary, any indemnification claims
        relating to asbestos or asbestos-containing materials shall be made exclusively
        under Section 9.02(a)(iv) or Section 9.02(a)(i) to the extent such Section
        relates to any breaches of representations and warranties set forth in Section
        3.15 (except to the extent Purchaser would be entitled to be indemnified
        in
        respect thereof pursuant to Section 9.02(a)(iv)).

       

      (d)
        Except as otherwise specifically provided in this Agreement or in any Ancillary
        Agreement, Purchaser acknowledges that its sole and exclusive remedy after
        the
        Closing with respect to any and all claims (other than claims of, or causes
        of
        action arising from, fraud or claims for equitable relief related to any
        covenant of Seller contained in this Agreement requiring performance after
        the
        Closing or in any covenant or agreement in the Assignment and Acceptance)
        relating to this Agreement, any other document or certificate delivered in
        connection herewith, the Ancillary Agreements, the Acquisition and the other
        transactions contemplated hereby and thereby, the Transferred Companies and
        their assets and liabilities shall be pursuant to Section 1.04 and the
        indemnification provisions set forth in this Article IX and, in the case
        of the
        Transition Services Agreement, pursuant to Section 4 of the Transition
        Services Agreement. In furtherance of the foregoing, Purchaser hereby waives,
        from and after the Closing, to the fullest extent permitted under Applicable
        Law, any and all rights, claims and causes of action (other than claims of,
        or
        causes of action arising from, fraud or claims for equitable relief related
        to
        any covenant of Seller contained in this Agreement requiring performance
        after
        the Closing or in any covenant or agreement in the Assignment and Acceptance)
        it
        may have against Seller arising under or based upon this Agreement, any other
        document or certificate delivered in connection herewith, the Ancillary
        Agreements, any Applicable Law (including, inter alia,
        any
        rights of contribution or recovery under The Comprehensive Environmental
        Response, Compensation, and Liability Act or other Environmental Law), common
        law or otherwise, in each case relating to the transactions contemplated
        by this
        Agreement and the Ancillary Agreements (except pursuant to Section 1.04 and
        the
        indemnification provisions set forth in this Article IX and, in the case
        of the
        Transition Services Agreement, pursuant to Section 4 of the Transition
        Services Agreement).

       

      SECTION
        9.03.  Other
        Indemnification by Purchaser and APAC.

       

      (a)
        Indemnification
        by Purchaser.
        From
        and after the Closing, Purchaser shall indemnify each Seller Indemnitee against
        and hold it harmless from any Loss suffered or incurred by such Seller
        Indemnitee (other than relating to Taxes (except in the case of covenants
        set
        forth in Section 5.07), for which indemnification provisions are exclusively
        set
        forth in Section 9.01) to the extent arising from any of the
        following:

       

              (i)
        any breach as of
        the Closing Date of any representation or warranty of Purchaser, Oldcastle
        or
        CRH contained in this Agreement, in any Ancillary Agreement or in any
        certificate delivered pursuant hereto;

       

       

      
        
          
          

        

        
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              (ii)
        any breach of
        any covenant of Purchaser contained in this Agreement;

       

              (iii)
        any Guarantee
        or obligation to assure performance given or made by Seller or any affiliate
        of
        Seller with respect to any obligation of any Transferred Company;

       

              (iv)
        any
        discontinuance, suspension or modification on or after the Closing Date of
        the
        Assumed Benefit Plan;

       

              (v)
        any claim that
        the purchase and sale of the Shares or the transactions contemplated thereby
        give rise to any severance obligations;

       

              (vi)
        (A) any GIA
        posted by such Seller Indemnitee for the benefit of any Transferred Company,
        or
        (B) under any Owner & Contractors Protective or Railroad Protective
        Insurance Policies outstanding on the Closing Date and issued on behalf of
        any
        Seller Indemnitee for the benefit of any Transferred Company;

       

              (vii)
        (i) the failure
        of Purchaser or any other person to pay, perform or otherwise promptly discharge
        any liabilities and obligations required to be satisfied by Purchaser pursuant
        to Article VI or (ii) any claim arising as a result of any actions or
        omissions by Purchaser or its affiliates and each of their officers, directors,
        managers, employees, agents and representatives with respect to the termination,
        including the selection process with respect to the termination, of any APAC
        Employee or Ashland/APAC Employee; and

       

              (viii)
        the failure of
        APAC to perform under the APAC Indemnity Letter; provided,
        however,
        that
        Purchaser shall not be required to indemnify any Seller Indemnitee, and shall
        not have any liability under this Section 9.03(a)(viii) in the aggregate
        in
        excess of sixty-two and one-half percent (62.5%) of the Purchase
        Price.

       

      For
        the
        purposes of Section 9.03(a)(i), the representations and warranties set forth
        in
        any of Article IV shall be deemed made as of the Closing Date.

       

      (b)
        Indemnification
        by APAC.
        At or
        upon the Closing, Purchaser shall cause APAC to deliver to
        Seller
        an agreement substantially in the form of Exhibit B hereto (the “APAC
        Indemnity Letter”)
        pursuant to which APAC shall agree to indemnify each Seller Indemnitee against
        and hold it harmless from any Loss suffered or incurred by such Seller
        Indemnitee to the extent arising from all obligations and liabilities of
        whatever kind and nature, primary or secondary, direct or indirect, absolute
        or
        contingent, known or unknown, whether or not accrued, whether arising before
        on
        or after the Closing Date, of any Transferred Company, including any such
        obligations or liabilities contained in APAC Contracts to which any Transferred
        Company is a party or any agreement, lease, license, permit, plan or commitment
        that, because it fails to meet the relevant threshold amount or term, is
        not
        included within the definition of APAC Contracts (in each case other than
        to the
        extent indemnification by Seller is provided under this
        Article IX).

       

       

      
        
          
          

        

        
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      SECTION
        9.04.  Calculation
        of Losses.
        The
        amount of any Loss for which indemnification is provided under this Article
        IX
        shall be net of any amounts actually recovered by the indemnified party under
        insurance policies with respect to such Loss and shall be (i) increased to
        take
        account of any net Tax cost incurred by the indemnified party arising from
        the
        receipt of indemnity payments hereunder (grossed up for such increase) and
        (ii) reduced to take account of any net Tax benefit actually realized by
        the indemnified party arising from the incurrence or payment of any such
        Loss.
        In computing the amount of any such Tax cost or Tax benefit, the indemnified
        party shall be deemed to recognize all other items of income, gain, loss
        deduction or credit before recognizing any item arising from the receipt
        of any
        indemnity payment hereunder or the incurrence or payment of any indemnified
        Loss. Any payment under this Agreement shall be treated as an adjustment
        to the
        Purchase Price for Tax purposes, unless a final determination (which shall
        include the execution of a Form 870 AD or successor form) with respect to
        the
        indemnified party or any of its affiliates causes any such payment not to
        be
        treated as an adjustment to the Purchase Price for United States Federal
        income
        purposes. Amounts payable pursuant to this Article IX shall be payable without
        duplication of any other amount payable pursuant to any of this Agreement,
        the
        APAC Indemnity Letter and the Guaranty Agreements (including any amount included
        as a Specified Liability or reflected in the reported value of any Specified
        Asset in calculating the Closing Balance Sheet Amount).

       

      SECTION
        9.05.  Termination
        of Indemnification.
        The
        obligations to indemnify and hold harmless any party (i) pursuant to Section
        9.02(a)(i) or 9.03(a)(i) shall terminate when the applicable representation
        or
        warranty terminates pursuant to Section 9.07, (ii) pursuant to Section
        9.02(a)(ii) or 9.03(a)(ii) shall terminate when the applicable covenant
        terminates pursuant to Section 9.07, (iii) pursuant to Section 9.02(a)(iv)
        or
        9.03(a)(viii) shall terminate on the fifteenth (15th) anniversary of the
        Closing
        Date, (iv) pursuant to the other clauses of Sections 9.02 and 9.03 shall
        not
        terminate and (v) pursuant to Section 9.01 shall terminate upon the expiration
        of the statute of limitations applicable to the matters covered therein (giving
        effect to any extension thereof); provided,
        however,
        that
        such obligations to indemnify and hold harmless shall not terminate with
        respect
        to any item as to which the person to be indemnified shall have, before the
        expiration of the applicable period, previously made a claim by delivering
        a
        notice of such claim (stating in reasonable detail the basis of such claim),
        pursuant to Section 9.06, to the party to be providing the
        indemnification.
        Notwithstanding anything to the contrary in this Agreement, (i) the prior
        written consent of Purchaser shall not be required in connection with the
        assignment or transfer of Seller’s rights and obligations under this Agreement,
        including Seller’s rights to indemnification pursuant to this Article IX by
        Purchaser and APAC, pursuant to any merger or consolidation of Seller into,
        or a
        sale of all or substantially all of the assets of Seller to, another person;
        provided
        that, in
        the event of any sale of all or substantially all of the assets of Seller
        to
        another person, (A) such person shall assume all obligations of Seller under
        this Agreement, including all obligations of Seller to indemnify Purchaser
        pursuant to this Article IX, and (B) Seller shall remain subject to the
        restrictions set forth in Section 5.10 in accordance with the terms thereof,
        and
        (ii) the prior written consent of Seller shall not be required in connection
        with the assignment or transfer of Purchaser’s rights and obligations under this
        Agreement, including Purchaser’s rights to indemnification pursuant to this
        Article IX by Seller, pursuant to any merger or consolidation of Purchaser
        into,
        or a sale of all or substantially all of the assets of Purchaser to, another
        person; provided
        that, in
        the event of any sale of all or substantially all of the assets of Purchaser
        to
        another person, such person shall assume all obligations of Purchaser under
        this
        Agreement, including all obligations of Purchaser to indemnify Seller pursuant
        to this Article IX.

       

       

      
        
          
          

        

        
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      SECTION
        9.06.  Procedures.
        (a)
Third
        Party Claims.
        In order
        for any indemnified party to be entitled to any indemnification provided
        for
        under Section 9.02 or 9.03 in respect of, arising out of or involving a claim
        made by any person against the indemnified party (a “Third
        Party Claim”),
        such
        indemnified party must notify the indemnifying party in writing (and in
        reasonable detail) of the Third Party Claim within fifteen (15) business
        days
        after receipt by such indemnified party of written notice of the Third Party
        Claim; provided,
        however,
        that,
        subject to Sections 9.05 and 9.07, failure to give such notification shall
        not
        affect the indemnification provided hereunder except to the extent the
        indemnifying party shall have been prejudiced as a result of such failure
        (except that the indemnifying party shall not be liable for any expenses
        incurred during the period in which the indemnified party failed to give
        such
        notice). Thereafter, the indemnified party shall deliver to the indemnifying
        party, within five (5) business days’ time after the indemnified party’s receipt
        thereof, copies of all notices and documents (including court papers) received
        by the indemnified party relating to the Third Party Claim.

       

      (b)
        Assumption.
        (i) If a
        Third Party Claim (other than a Criminal Claim) is made against an indemnified
        party, the indemnifying party shall be entitled to participate in the defense
        thereof and, if it so chooses, to assume the defense thereof with counsel
        selected by the indemnifying party, provided
        that
        such counsel is not reasonably objected to by the indemnified party. If a
        Third
        Party Claim with respect to a criminal matter (a “Criminal
        Claim”)
        is
        made against an indemnified party, the indemnified party shall have the right
        to
        retain the defense of such Criminal Claim if it notifies the indemnifying
        party
        of such indemnified party’s intent to retain such defense in the notice
        delivered with respect to such Criminal Claim pursuant to the first sentence
        of
        Section 9.06(a). If the indemnified party retains such defense, the
        indemnifying party shall have the right to participate in the defense thereof
        and to employ counsel (not reasonably objected to by the indemnified party),
        at
        its own expense, separate from the counsel employed by the indemnified party,
        it
        being understood that, subject to Section 9.06(b)(ii), the indemnified
        party shall control such defense. If the indemnified party does not so notify
        the indemnifying party of its intent to retain the defense of such Criminal
        Claim, the indemnifying party shall be entitled to participate in the defense
        thereof and assume the defense thereof with counsel selected by the indemnifying
        party, provided
        that
        such counsel is not reasonably objected to by the indemnified party. Should
        the indemnifying party assume the defense of a Third Party Claim in accordance
        with the terms of this Section 9.06(b), the indemnifying party shall not
        be
        liable to the indemnified party for any legal expenses subsequently incurred
        by
        the indemnified party in connection with the defense thereof. If the indemnified
        party assumes the defense of any Criminal Claim, the indemnifying party shall
        not be liable to the indemnified party for any legal expenses incurred by
        the
        indemnified party in connection with the defense thereof. If the indemnifying
        party assumes such defense, the indemnified party shall have the right to
        participate in the defense thereof and to employ counsel (not reasonably
        objected to by the indemnifying party), at its own expense, separate from
        the
        counsel employed by the indemnifying party, it being understood that the
        indemnifying party shall control such defense. The indemnifying party shall
        be
        liable for the fees and expenses of counsel employed by the indemnified party
        for any period during which the indemnifying party has not assumed the defense
        thereof (other than during any period in which the indemnified party shall
        have
        failed to give notice of the Third Party Claim as provided above). If the
        indemnifying party chooses to defend or prosecute a Third Party Claim, all
        the
        indemnified parties shall cooperate in the defense or prosecution thereof.
        Such
        cooperation shall include the retention and (upon the indemnifying party’s
        request) the provision to the indemnifying party of records and information
        that
        are reasonably relevant to such Third Party Claim, and making employees
        available on a mutually convenient basis to provide additional information
        and
        explanation of any material provided hereunder;
        provided,
        however,
        that
        nothing in this Agreement shall obligate the indemnified party or its affiliates
        to contravene any Applicable Laws or binding agreements entered into prior
        to
        the date hereof. If the application of a prior agreement materially prejudices
        the indemnifying party in its defense or resolution of a Third Party Claim,
        the
        indemnifying party shall be released from its indemnity obligation to the
        extent
        of such prejudice.

       

       

      
        
          
          

        

        
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              (ii)
Criminal
        Claims.
        If the
        indemnified party assumes the defense of a Criminal Claim, (A) the indemnified
        party shall promptly inform the indemnifying party of any offer of settlement,
        compromise or discharge received from or which it proposes to make to other
        parties to the matter (including any Governmental Entity) and (B) the
        indemnified party shall not admit any liability with respect to, or settle,
        compromise or discharge, such Third Party Claim or accept or make any offer
        with
        respect thereto without the indemnifying party’s prior written consent (which
        consent shall not be unreasonably withheld or delayed). If the indemnifying
        party assumes the defense of a Criminal Claim, the indemnifying party shall
        inform the indemnified party of any offer of settlement, compromise or
        discharges received from or which it proposes to make to the other parties
        to
        such matter (including any Governmental Entity) and the indemnified party
        shall
        agree to any settlement, compromise or discharge of a Criminal Claim that
        the
        indemnifying party may recommend that by its terms obligates the indemnifying
        party to pay the full amount of the liability in connection with such Criminal
        Claim, releases the indemnified party completely and unconditionally in
        connection with such Criminal Claim and does not impose any equitable relief
        or
        other obligation on the indemnified party.

       

                                 
(iii)
Other
        Claims.
        Whether
        or not the indemnifying party assumes the defense of a Third Party Claim
        (other
        than a Criminal Claim), the indemnified party shall not admit any liability
        with
        respect to, or settle, compromise or discharge, such Third Party Claim without
        the indemnifying party’s prior written consent
        (which
        consent shall not be unreasonably withheld or delayed). If the indemnifying
        party assumes the defense of a Third Party Claim (other than a Criminal Claim),
        the indemnified
        party
        shall agree
        to
        any settlement, compromise or discharge of a Third Party Claim that the
        indemnifying party may recommend and that by its terms obligates the
        indemnifying party to pay the full amount of the liability in connection
        with
        such Third Party Claim,
        which
releases
        the indemnified party completely and unconditionally in connection with such
        Third Party Claim
        and does
        not impose any equitable relief or other obligation on the indemnified
        party.
        If the
        indemnifying party assumes the defense of a Third Party Claim, the indemnifying
        shall promptly inform the indemnified party of any offer of settlement,
        compromise or discharge received from or which it proposes to make to other
        parties to the matter.

       

       

      
        
          
          

        

        
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              (iv)
        For the purposes
        of Section 9.06(b), whenever a determination is made on whether a
        withholding or a delay of a consent is reasonable, consideration shall be
        given
        not only to any amounts of Losses involved but also to any effect on the
        business of the indemnified party and its affiliates (including any loss
        profits
        and indirect and consequential damages).

       

      (c)
        Other
        Claims.
        In the
        event any indemnified party should have a claim against any indemnifying
        party
        under Section 9.02 or 9.03 that does not involve a Third Party Claim being
        asserted against or sought to be collected from such indemnified party, the
        indemnified party shall deliver notice of such claim with reasonable promptness
        to the indemnifying party. Subject to Sections 9.05 and 9.07, the failure
        by any
        indemnified party so to notify the indemnifying party shall not relieve the
        indemnifying party from any liability that it may have to such indemnified
        party
        under Section 9.02 or 9.03, except to the extent that the indemnifying party
        demonstrates that it has been materially prejudiced by such
        failure.

       

      (d)
        Procedures
        Relating to Indemnification of Tax Claims.
        (i) If a
        claim shall be made by any Taxing Authority, which, if successful, might
        result
        in an indemnity payment to any party pursuant to Section 9.01, the indemnified
        party shall promptly notify the indemnifying party in writing of such claim
        (a
“Tax
        Claim”).
        If
        notice of a Tax Claim is not given to the indemnifying party within a sufficient
        period of time to allow the indemnifying party to effectively contest such
        Tax
        Claim, or in reasonable detail to apprise the indemnifying party of the nature
        of the Tax Claim, in each case taking into account the facts and circumstances
        with respect to such Tax Claim, the indemnifying party shall not be liable
        to
        the indemnified party to the extent that the indemnifying party’s position is
        prejudiced as a result thereof.

       

                                  (ii)
        With
        respect to any Tax Claim (other than a Tax Claim relating solely to Taxes
        of
        APAC or any Transferred Company for a Straddle Period) for which a party
        may be
        required to indemnify another party pursuant to Section 9.01 of this Agreement,
        the indemnifying party may participate in and, upon notice to indemnified
        party,
        assume the defense of any such Tax Claim. If the indemnifying party assumes
        such
        defense, (i) the indemnifying party shall have the sole discretion as to
        the
        conduct of such defense, including selection of counsel and choice of forum,
        and
        the indemnifying party may, in its sole discretion, (A) pursue or forego
        any and
        all administrative appeals, proceedings, hearings and conferences with any
        Taxing Authority with respect thereto and (B) either pay the Tax claimed
        and sue
        for a refund where Applicable Law permits such refund suits or contest the
        Tax
        Claim in any permissible manner and (ii) the indemnified party shall have
        the
        right (but not the duty) to participate in the defense thereof and to employ
        counsel, at its own expense, separate from the counsel employed by the
        indemnifying party. Without limiting the foregoing, the indemnifying party
        shall
        not settle any Tax Claim without the prior written consent of the indemnified
        party (such consent not to be unreasonably delayed or withheld); provided,
        however, that if the indemnified party withholds such consent and, upon the
        final resolution of the matter, the amount for which the indemnifying party
        is
        liable under this Agreement exceeds the amount for which the indemnifying
        party
        would have been liable had the indemnified party not withheld such consent,
        then
        the indemnified party shall be liable for and shall indemnify the indemnifying
        party and hold them harmless from the amount of any such excess. Purchaser
        shall
        control all proceedings taken in connection with any Tax Claim relating solely
        to Taxes of a Transferred Company for a Straddle Period; provided
        that
        Purchaser shall not settle any Straddle Period Tax Claim without the prior
        written consent of Seller (such consent not to be unreasonably delayed or
        withheld).

       

       

      
        
          
          

        

        
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              (iii)
        Purchaser and
        its affiliates (including the Transferred Companies) shall cooperate with
        Seller
        in contesting any Tax Claim, which cooperation shall include the retention
        and
        (upon Seller’s request) the provision to Seller of records and information which
        are reasonably relevant to such Tax Claim, and making employees available
        on a
        mutually convenient basis to provide additional information or explanation
        of
        any material provided hereunder or to testify at proceedings relating to
        such
        Tax Claim.

       

      (e)
        Mitigation.
        Purchaser, on the one hand, and Seller, on the other hand, shall cooperate
        with
        each other with respect to resolving any claim or liability with respect
        to
        which one party is obligated to indemnify the other party hereunder, including
        by using reasonable efforts to mitigate or resolve any such claim or liability.
        In the event that Purchaser, on the one hand, or Seller, on the other hand,
        shall fail to use reasonable efforts to mitigate or resolve any claim or
        liability, then, notwithstanding anything else to the contrary contained
        herein,
        the other party shall not be required to indemnify any person for any loss,
        liability, claim, obligation, damage or expense that could reasonably be
        expected to have been avoided if Purchaser or Seller, as the case may be,
        had
        made such efforts. Without limiting the foregoing, the indemnified party
        shall
        use commercially reasonable efforts to make a claim under insurance policies
        of
        such indemnified party applicable to any Loss to be indemnified hereby by
        the
        indemnifying party; provided,
        however,
        no
        provision of this Section 9.06(e) shall be deemed to require the
        indemnified party to expend money, commence, defend or participate in any
        litigation, incur any obligation in favor of, or grant any accommodation
        to any
        third party in connection therewith.

       

      SECTION
        9.07.  Survival
        of Representations.
        The
        representations, warranties, covenants and agreements contained in this
        Agreement and in any document delivered in connection herewith (other than
        in
        the Ancillary Agreements) shall survive the Closing solely for purposes of
        this
        Article IX as follows: (i) the representations and warranties (other than
        in
        Section 3.10) shall terminate on the 18 month anniversary of the Closing
        Date;
provided
        that the
        representations and warranties contained in Section 2.04, 3.14 (solely to
        the
        extent related to compliance with Federal or state antitrust or anti-competition
        laws and regulations) and the other Specified Representations shall terminate
        on
        the three (3) year anniversary of the Closing Date and the representations
        in
        Section 3.10 shall not survive the Closing; (ii) the covenants requiring
        performance prior to the Closing shall terminate on the eighteen (18) month
        anniversary of the Closing Date; and (iii) all other provisions of this
        Agreement shall survive indefinitely.

       

       

      
        
          
          

        

        
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      SECTION
        9.08.  Limitations
        on Liability.
        Notwithstanding any provision herein, none of Seller or Purchaser shall in
        any
        event be liable to each other or their affiliates, officers, directors,
        employees, agents or representatives on account of any indemnity obligation
        set
        forth in Sections 9.01, 9.02 or 9.03 for any indirect, consequential, special,
        incidental or punitive damages (including lost profits, loss of use, damage
        to
        goodwill or loss of business) except with respect to such damages payable
        by any
        indemnified party to any third party.

       

      SECTION
        9.09.  No
        Additional Representations.
        Purchaser acknowledges that it and its representatives have been permitted
        full
        and complete access to the books and records, facilities, equipment, tax
        returns, contracts, insurance policies (or summaries thereof) and other
        properties and assets of the Transferred Companies that it and its
        representatives have desired or requested to see or review, and that it and
        its
        representatives have had a full opportunity to meet with the officers and
        employees of the Transferred Companies to discuss the business of the
        Transferred Companies. Purchaser acknowledges that (i) none of Seller, APAC
        or
        any other person has made any representation or warranty, expressed or implied,
        as to the Transferred Companies or the accuracy or completeness of any
        information regarding the Transferred Companies furnished or made available
        to
        Purchaser and its representatives, except as expressly set forth in this
        Agreement, the Ancillary Agreements or the Schedules, (ii) Purchaser has
        not
        relied on any representation or warranty from Seller, or any other person
        in
        determining to enter into this Agreement, except as expressly set forth in
        this
        Agreement, the Ancillary Agreements and the Schedules, and (iii) none of
        Seller
        or any other person shall have or be subject to any liability to Purchaser
        or
        any other person resulting from the distribution to Purchaser, or Purchaser’s
        use of, any such information, including the confidential memorandum dated
        March
        14, 2006, and any information, documents or material made available to Purchaser
        in any “data rooms”, management presentations or in any other form in
        expectation of the transactions contemplated hereby. Purchaser acknowledges
        that, should the Closing occur, Purchaser shall acquire the assets of the
        Transferred Companies without any representation or warranty as to
        merchantability or fitness for any particular purpose, in an “as is” condition
        and on a “where is” basis, except as otherwise expressly set forth in this
        Agreement, the Ancillary Agreements and the Schedules.

       

      SECTION
        9.10.  LIMITATIONS
        OF REPRESENTATIONS, WARRANTIES AND COVENANTS OF SELLER.
        NOTWITHSTANDING ANYTHING TO THE CONTRARY SET FORTH IN THIS AGREEMENT OR ANY
        ANCILLARY AGREEMENT, NO REPRESENTATION, WARRANTY, COVENANT OR AGREEMENT OF
        SELLER CONTAINED IN THIS AGREEMENT SHALL BE BREACHED OR DEEMED BREACHED AS
        A
        RESULT OF, AND SELLER SHALL NOT HAVE ANY LIABILITY FOR, ANY IMPACT ON THE
        BUSINESS OF THE TRANSFERRED COMPANIES AS A RESULT OF THE ONGOING LITIGATION
        BETWEEN THE SIERRA CLUB AND THE U.S. ARMY CORPS OF ENGINEERS REGARDING THE
        ISSUANCE OF PERMITS FOR THE MINING OF CONSTRUCTION AGGREGATES IN THE LAKE
        BELT
        AREA OF MIAMI-DADE COUNTY, FLORIDA.

       

       

      
        
          
          

        

        
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      ARTICLE
        X

       

      General
        Provisions

       

      SECTION
        10.01.  Assignment.
        This
        Agreement and the rights and obligations hereunder shall not be assignable
        or
        transferable by any party (including by operation of law in connection with
        a
        merger or consolidation of such party) without the prior written consent
        of the
        other parties hereto.
        Any
        attempted assignment in violation of this Section 10.01 shall be
        void.

       

      SECTION
        10.02.  No
        Third Party Beneficiaries.
        Except
        as provided in Article IX, this Agreement is for the sole benefit of the
        parties
        hereto and their permitted assigns and nothing herein expressed or implied
        shall
        give or be construed to give to any person, other than the parties hereto
        and
        such assigns, any legal or equitable rights hereunder.

       

      SECTION
        10.03.  Attorney
        Fees.
        A party
        in breach of this Agreement shall, on demand, indemnify and hold harmless
        the
        other party for and against all reasonable out-of-pocket expenses, including
        legal fees, incurred by such other party by reason of the enforcement and
        protection of its rights under this Agreement. The payment of such expenses
        is
        in addition to any other relief to which such other party may be
        entitled.

       

        
         SECTION
        10.04.  Notices.
        All
        notices or other communications required or permitted to be given hereunder
        shall be in writing and shall be delivered by hand or sent by facsimile or
        sent,
        postage prepaid, by registered, certified or express mail or overnight courier
        service and shall be deemed given when received, to
        the
        addresses as follows, or such other address as shall be furnished in writing
        by
        any party to the others:

       

      (a)
        if to
        Purchaser,

       

                      Oldcastle,
        Inc.

      375
        Northridge Road, Suite 350

      Atlanta,
        GA 30350

      Telecopy:
        (770) 673-2400

       

      Attention:
        Chief Financial Officer

       

      with
        a
        copy to (that shall not constitute notice):

       

                      Gibson,
        Dunn &
Crutcher LLP

      200
        Park
        Avenue

      New
        York,
        New York 10166

      Telecopy:
        (212) 351-4035

       

                      Attention:
        Steven
        R.
        Shoemate, Esq.;
        and

       

                      (b)
        if to
        Seller,

       

      Ashland
        Inc.

      50
        E.
        River Center Boulevard

      Covington,
        KY 41012

       

       

      
        
          
          

        

        
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      Telecopy:  (859) 815-5053

       

      Attention:  General
        Counsel

       

      with
        a
        copy to:

       

      Cravath,
        Swaine & Moore LLP

      Worldwide
        Plaza

      825
        Eighth Avenue

      New
        York,
        NY 10019

      Telecopy:  (212) 474-3700

       

      Attention:  Susan
        Webster, Esq.

       

      SECTION
        10.05.  Interpretation;
        Exhibits; Seller Disclosure Schedule; Certain Definitions.
        (a) For
        all purposes hereof:

       

              (i)
        The headings
        contained in this Agreement, in any Exhibit, the Seller Disclosure Schedule
        or
        any other Schedule hereto and in the table of contents to this Agreement
        are for
        reference purposes only and shall not affect in any way the meaning or
        interpretation of this Agreement.

       

              (ii)
        All references
        to articles, sections, paragraphs and schedules contained herein shall be
        construed to refer, respectively, to articles, sections, paragraphs and
        schedules hereof unless otherwise expressly indicated.

       

              (iii)
        The terms
        defined in the singular shall have a comparable meaning when used in the
        plural,
        and vice versa.

       

              (iv)
        The words
“hereof”, “herein” and “hereunder” and words of similar import, when used in
        this Agreement, shall refer to this Agreement as a whole and not to any
        particular provision of this Agreement.

       

              (v)
        The term
“knowledge” or “known” or “know” as used in this Agreement, shall mean, with
        respect to any person, those facts or circumstances actually known by such
        person as of the date of this Agreement.

       

              (vi)
        This Agreement
        shall be construed as if drafted jointly by the parties and no presumption
        or
        burden of proof shall arise favoring or disfavoring any party by virtue of
        the
        extent to which any such party or its counsel participated in the drafting
        of
        any provision hereof or by virtue of the extent to which any such provision
        is
        inconsistent with any prior draft hereof.

       

       

      
        
          
          

        

        
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      (b)
        All
        Exhibits and the Seller Disclosure Schedule annexed hereto or referred to
        herein
        are hereby incorporated in and made a part of this Agreement as if set forth
        in
        full herein. Any capitalized terms used in the Seller Disclosure Schedule
        or any
        Exhibit but not otherwise defined therein, shall have the meaning as defined
        in
        this Agreement. When a reference is made in this Agreement to a Section,
        Exhibit
        or Schedule, such reference shall be to a Section of, or an Exhibit or Schedule
        to, this Agreement unless otherwise indicated. Any matter set forth in any
        provision, subprovision, section or subsection of the Seller Disclosure Schedule
        shall be deemed set forth for all purposes of the Seller Disclosure Schedule
        to
        the extent relevant and reasonably apparent.

       

      (c)
        The
        terms set forth below as used in this Agreement shall have the following
        meanings:

       

      “affiliate”
of
        any
        person means another person that directly or indirectly, through one or more
        intermediaries, controls, is controlled by, or is under common control with,
        such first person.

       

      “APAC
        Divestiture Stay Bonus Letters”
means
        the individual retention agreements between certain APAC Employees and
        Ashland/APAC Employees entered into pursuant to the APAC Divestiture Stay
        Bonus
        Program, all as disclosed to the Seller in writing prior to the date of this
        Agreement.

       

      “Ashland/APAC
        Employee”
means
        an employee of Seller who perform services primarily in connection with the
        business of the Transferred Companies.

       

      “business
        day”
means
        any day, other than a Saturday or a Sunday, on which commercial banks are
        not
        required or authorized to close in New York, New York, United States of
        America.

       

      “Company
        Material Adverse Effect”
means
        a
        material adverse effect on the assets, business, financial condition or results
        or operations of the Transferred Companies, taken as a whole, in excess of
        $3,000,000; provided
        that,
        for all purposes of this Agreement, any change or disruption to any of the
        Transferred Companies’ businesses as a result of the ongoing litigation between
        the Sierra Club and the U.S. Army Corps of Engineers regarding the issuance
        of
        permits for the mining of construction aggregates in the Lake Belt area of
        Miami-Dade County, Florida shall not be deemed to constitute, and shall not
        be
        taken into account in determining whether there has been or will be, a Company
        Material Adverse Effect.

       

      “CRH”
means
        CRH plc, a corporation organized under the laws of the Republic of
        Ireland.

       

      “Guaranty
        Agreements”
means,
        collectively, (a) the Guaranty Agreement, dated the date hereof, from Oldcastle
        for the benefit of Seller, and (b) the Guaranty Agreement, dated the date
        hereof, from CRH plc for the benefit of Seller.

       

      “including”
means
        including, without limitation.

       

         
    “Oldcastle”
means
        Oldcastle Inc, a Delaware corporation.

       

       

      
        
          
          

        

        
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      “Permitted
        Intercompany Receivables and Payables”
means
        trade accounts payable and receivable for commercial transactions on arms’
length basis in the ordinary course of business between any Transferred Company,
        in the one hand, and the Seller or any of its affiliates (other than the
        Transferred Companies), on the other hand.

       

      “person”
means
        any individual, firm, corporation, partnership, limited liability company,
        trust, joint venture, Governmental Entity or other entity.

       

      “subsidiary”
of
        any
        person means (i) another person of which such first person owns (either directly
        or indirectly by another subsidiary of such first person) an amount of the
        voting securities, other voting ownership or voting partnership interests
        sufficient to elect at least a majority of the Board of Directors (or other
        governing body) (or such other number as is necessary to control the Board
        of
        Directors or such other body) of such other person or (ii) another person
        in which such first person possesses 50% or more of the equity
        interest.

       

      “Subsidiary”
means
        each subsidiary of APAC.

       

      The
        terms
        set forth below as used in this Agreement shall have the meanings assigned
        to
        such terms in the Sections set forth below:

       

      
        	
                Terms

              	
                Section

              
	 	 
	
                Accounting
                  Firm

              	
                1.04(c)(ii)

              
	
                Acquisition

              	
                1.01

              
	
                Adjusted
                  Purchase Price

              	
                1.04(e)

              
	
                Adjusted
                  Target Amount

              	
                1.04(e)

              
	
                affiliate

              	
                10.05(c)

              
	
                Agreement

              	
                Preamble

              
	
                Ancillary
                  Agreements

              	
                2.02

              
	
                APAC

              	
                Preamble

              
	
                APAC
                  Contracts

              	
                3.08(b)

              
	
                APAC
                  Divestiture Programs

              	
                6.01(a)

              
	
                APAC
                  Divestiture Stay Letters

              	
                10.05(c)

              
	
                APAC
                  Employee

              	
                3.12(a)

              
	
                APAC
                  Indemnity Letter

              	
                9.03(b)

              
	
                APAC
                  Intellectual Property

              	
                3.07(a)

              
	
                APAC
                  Mirror Divestiture Programs

              	
                6.03(c)

              
	
                APAC
                  Property

              	
                3.06(a)

              
	
                Applicable
                  Insurance Policies

              	
                5.19(a)

              
	
                Applicable
                  Law

              	
                2.03

              
	
                Ashland/APAC
                  Employee

              	
                10.05(c)

              
	
                Ashland
                  Name

              	
                5.18

              
	
                Assigned
                  Agreement

              	
                5.16

              
	
                Assumed
                  Benefit Plan

              	
                3.12(a)

              
	
                Balance
                  Sheet

              	
                3.04(a)

              
	
                Balance
                  Sheet Amount

              	
                1.04(b)

              
	
                Balance
                  Sheet Date

              	
                3.04(a)

              
	
                business
                  day

              	
                10.05(c)

              

      

       

       

      
        
          
          

        

        
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                CBA

              	
                6.02(b)

              
	
                Certificates

              	
                5.13(b)

              
	
                Closing

              	
                1.02

              
	
                Closing
                  Balance Sheet Amount

              	
                1.04(a)

              
	
                Closing
                  Date

              	
                1.02

              
	
                Closing
                  Date Amount

              	
                1.03(b)

              
	
                Code

              	
                3.10(a)

              
	
                Commonly
                  Controlled Entity

              	
                3.12(a)

              
	
                Company
                  Material Adverse Effect

              	
                10.05(c)

              
	
                Competitive
                  Activities

              	
                5.10(a)

              
	
                Confidentiality
                  Agreement

              	
                5.03(a)

              
	
                Consent

              	
                2.03

              
	
                Contract

              	
                2.03

              
	
                CRH
                  plc

              	
                10.05(c)

              
	
                Criminal
                  Claims

              	
                9.06(b)

              
	
                Disclosed
                  Liabilities

              	
                3.04(b)

              
	
                DOJ

              	
                5.04(b)

              
	
                Environmental
                  Laws

              	
                3.15

              
	
                Environmental
                  Permits

              	
                3.15

              
	
                ERISA

              	
                3.12(a)

              
	
                Excluded
                  Item

              	
                1.04(b)(ii)

              
	
                Excluded
                  Policies

              	
                5.19(a)

              
	
                Financial
                  Statements

              	
                3.04(a)

              
	
                Finalization
                  Period

              	
                1.04(d)

              
	
                FTC

              	
                5.04(b)

              
	
                GAAP

              	
                1.04(b)(iv)

              
	
                GIA

              	
                5.13(b)

              
	
                Governmental
                  Entity

              	
                2.03

              
	
                Guarantees

              	
                5.13(a)

              
	
                Guaranty
                  Agreements

              	
                10.05(c)

              
	
                Hazardous
                  Materials

              	
                3.15

              
	
                HSR
                  Act

              	
                2.03

              
	
                including

              	
                10.05(c)

              
	
                Informing
                  Party

              	
                7.04

              
	
                Intellectual
                  Property

              	
                3.07(c)

              
	
                Judgment

              	
                2.03

              
	
                Leased
                  Property

              	
                3.06(a)

              
	
                Liens

              	
                3.05(a)

              
	
                Long-Term
                  Contract

              	
                5.07(f)

              
	
                Limpus

              	
                3.04(a)

              
	
                Losses

              	
                9.02(a)

              
	
                Non-Transferred
                  Employees

              	
                6.01(a)

              
	
                Notice
                  of Disagreement

              	
                1.04(c)

              
	
                OCP
                  Policies

              	
                5.13(b)

              
	
                Oldcastle

              	
                10.05(c)

              
	
                Owned
                  Property

              	
                3.06(a)

              

      

       

       

       

      
        
          
          

        

        
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            of Contents

        

      

       

       

      
        	
                Pension
                  Plan

              	
                3.12(a)

              
	
                Permits

              	
                3.09

              
	
                Permitted
                  Intercompany Receivables and Payables

              	
                
                  1.04(b)(ii)

                

              
	
                Permitted
                  Liens

              	
                3.05(a)

              
	
                person

              	
                10.05(c)

              
	
                Post-Closing
                  Tax Period

              	
                3.10(a)

              
	
                Pre-Closing
                  Date Service

              	
                6.03(d)

              
	
                Pre-Closing
                  Tax Period

              	
                3.10(a)

              
	
                Primary
                  Company Executives

              	
                3.12(d)

              
	
                Proceeding

              	
                3.11

              
	
                Processing
                  Error

              	
                1.04(b)(iii)

              
	
                Property
                  Taxes

              	
                9.01(c)

              
	
                Purchase
                  Price

              	
                1.01

              
	
                Purchaser

              	
                Preamble

              
	
                Purchaser
                  Indemnitees

              	
                9.01(a)

              
	
                Purchaser
                  Material Adverse Effect

              	
                4.01

              
	
                Purchaser
                  Pre-Closing Books and Records

              	
                5.17(a)

              
	
                Purchaser
                  Tax Act

              	
                9.01(a)

              
	
                Purchaser
                  Welfare Plan

              	
                6.03(b)

              
	
                Related
                  Party

              	
                3.17(a)

              
	
                Release

              	
                3.15

              
	
                Replacement
                  Agreement

              	
                5.16

              
	
                Restricted
                  Entity

              	
                5.10(a)

              
	
                Restricted
                  Period

              	
                5.10(a)

              
	
                Retained
                  Employee

              	
                6.01(a)

              
	
                Seller

              	
                Preamble

              
	
                Seller
                  Benefit Plan

              	
                3.12(a)

              
	
                Seller
                  Disclosure Schedule

              	
                Article
                  II

              
	
                Seller
                  Indemnitees

              	
                9.01(b)

              
	
                Seller
                  Pre-Closing Books and Records

              	
                5.17(b)

              
	
                Share
                  Right

              	
                2.04(c)

              
	
                Shares

              	
                Preamble

              
	
                Specified
                  Assets

              	
                1.04(b)

              
	
                Specified
                  Liabilities

              	
                1.04(b)

              
	
                Specified
                  Representations

              	
                9.02(b)(i)

              
	
                Specified
                  Requirements

              	
                1.04(b)(iv)

              
	
                Split
                  Agreements

              	
                5.16(a)

              
	
                Statement

              	
                1.04(a)

              
	
                Straddle
                  Period

              	
                3.10(a)

              
	
                subsidiary

              	
                10.05(c)

              
	
                Subsidiary

              	
                10.05(c)

              
	
                Subsidiary
                  Voting Company Debt

              	
                3.02(a)

              
	
                Target
                  Amount

              	
                1.04(e)

              
	
                Tax
                  or Taxes

              	
                3.10(a)

              
	
                Tax
                  Claim

              	
                9.06(d)(i)

              

      

       

       

      
        
          
          

        

        
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            of Contents

        

      

       

       

      
        	
                Tax
                  Return or Tax Returns

              	
                3.10(a)

              
	
                Taxing
                  Authority

              	
                3.10(a)

              
	
                Technology

              	
                3.07(c)

              
	
                Terminated
                  Employee

              	
                6.01(a)

              
	
                Termination
                  Payments

              	
                6.01(a)

              
	
                Third
                  Party Claim

              	
                9.06(a)

              
	
                Transferred
                  Companies

              	
                Preamble

              
	
                Transferred
                  Employee(s)

              	
                6.02(a)

              
	
                Transition
                  Services

              	
                5.15

              
	
                Transition
                  Services Agreement

              	
                5.15

              
	
                Voting
                  Company Debt

              	
                2.04(d)

              
	
                Waiving
                  Party

              	
                7.04

              
	 	 

      

      

      SECTION
        10.06.  Counterparts.
        This
        Agreement may be executed in one or more counterparts, all of which shall
        be
        considered one and the same agreement, and shall become effective when one
        or
        more such counterparts have been signed by each of the parties and delivered
        to
        the other parties.

       

      SECTION
        10.07.  Entire
        Agreement.
        This
        Agreement, the Ancillary Agreements and the Confidentiality Agreement, along
        with the Schedules and Exhibits hereto and thereto, contain the entire agreement
        and understanding among the parties hereto with respect to the subject matter
        hereof and supersede all prior agreements and understandings relating to
        such
        subject matter. None of the parties shall be liable or bound to any other
        party
        in any manner by any representations, warranties or covenants relating to
        such
        subject matter except as specifically set forth herein or in the Ancillary
        Agreements or the Confidentiality Agreement.

       

         
  
SECTION
        10.08.  Severability. Whenever
        possible, each provision or portion of any provision of this Agreement shall
        be
        interpreted in such manner as to be effective and valid under Applicable
        Law,
        but if
        any
        provision of this Agreement (or any portion thereof) or the application of
        any
        such provision (or any portion thereof) to any person or circumstance shall
        be
        held invalid, illegal or unenforceable in any respect by a court of competent
        jurisdiction, such invalidity, illegality or unenforceability shall not affect
        any other provision hereof (or the remaining portion thereof) or the application
        of such provision to any other persons or circumstances.

       

       

      
        
          
          

        

        
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      SECTION
        10.09.  Consent
        to Jurisdiction.
        Each
        party irrevocably submits to the exclusive jurisdiction of (a) the Supreme
        Court
        of the State of New York, New York County, and (b) the United States District
        Court for the Southern District of New York, for the purposes of any suit,
        action or other proceeding arising out of this Agreement, any Ancillary
        Agreement or any transaction contemplated hereby or thereby. Each party agrees
        to commence any such action, suit or proceeding either in the United States
        District Court for the Southern District of New York or if such suit, action
        or
        other proceeding may not be brought in such court for jurisdictional reasons,
        in
        the Supreme Court of the State of New York, New York County. Each party further
        agrees that service of any process, summons, notice or document by U.S.
        registered mail to such party’s respective address set forth above shall be
        effective service of process for any action, suit or proceeding in New York
        with
        respect to any matters to which it has submitted to jurisdiction in this
        Section
        10.09. Each party irrevocably and unconditionally waives any objection to
        the
        laying of venue of any action, suit or proceeding arising out of this Agreement,
        any Ancillary Agreement or the transactions contemplated hereby in (i) the
        Supreme Court of the State of New York, New York County, or (ii) the United
        States District Court for the Southern District of New York, and hereby and
        thereby further irrevocably and unconditionally waives and agrees not to
        plead
        or claim in any such court that any such action, suit or proceeding brought
        in
        any such court has been brought in an inconvenient forum.

       

      SECTION
        10.10.  Governing
        Law.
        This
        Agreement shall be governed by and construed in accordance with the internal
        laws of the State of New York applicable to agreements made and to be performed
        entirely within such State, without regard to the conflicts of law principles
        of
        such State.

       

      SECTION
        10.11.  Waiver
        of Jury Trial.
        Each
        party hereby waives to the fullest extent permitted by Applicable Law, any
        right
        it may have to a trial by jury in respect of any litigation directly or
        indirectly arising out of, under or in connection with this Agreement, any
        Ancillary Agreement or any transaction contemplated hereby or thereby. Each
        party (a) certifies that no representative, agent or attorney of any other
        party
        has represented, expressly or otherwise, that such other party would not,
        in the
        event of litigation, seek to enforce the foregoing waiver and (b) acknowledges
        that it and the other parties hereto have been induced to enter into this
        Agreement and the Ancillary Agreements, as applicable, by, among other things,
        the mutual waivers and certifications in this Section 10.11.

       

      SECTION
        10.12.  Specific
        Performance.
        The
        Seller acknowledges that the Transferred Companies and their business are
        unique
        and that Purchaser will have no adequate remedy at law and may suffer
        irreparable damage if the Seller breaches any covenant contained herein
        requiring performance at or after the Closing. Accordingly, the Seller agrees
        that Purchaser shall have the right, in addition to any other rights which
        it
        may have, to specific performance and equitable injunctive relief if the
        Seller
        shall fail or threaten to fail to perform any of its obligations under any
        covenant contained in this Agreement that requires performance at or after
        the
        Closing.

       

       

      
        
          
          

        

        
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                  IN
        WITNESS WHEREOF,
        Seller and Purchaser have duly executed this Agreement as of the date first
        written above.

       

       

      
        	
                ASHLAND
                  INC.,

                 

              
	
                by

              	
                /s/
                  James J. O’Brien

              
	 	
                Name: James
                  J. O'Brien

              
	 	
                Title: Chairman
                  of the Board and Chief Executive
                  Officer

              

      

      

      

      
        	
                OLDCASTLE
                  MATERIALS, INC.,

                 

              
	 
	
                by

              	
                /s/
                  Thomas W. Hill

              
	 	
                Name: Thomas
                  W. Hill

              
	 	
                Title: Chief
                  Executive

              

      

       

       

      
        
          
          

        

        
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            of Contents

           

        

      

       

      
        
          	 List of
                  Schedules	 
	
                   

                  Schedule
                    1.04 -

                	
                   

                  Form
                    of Statement

                
	
                   

                  Schedule 2.03-

                	
                   

                  No
                    Conflicts; Consents (Seller)

                
	
                   

                  Schedule 2.04
                    -

                	
                   

                  The
                    Shares

                
	
                   

                  Schedule
                    3.01 -

                	
                   

                  Organization
                    and Standing

                
	
                   

                  Schedule 3.02
                    -

                	
                   

                  Capital
                    Stock of the Subsidiaries

                
	
                   

                  Schedule 3.03
                    -

                	
                   

                  No
                    Conflicts; Consents (APAC)

                
	
                   

                  Schedule 3.04(a)
                    -

                	
                   

                  Financial
                    Statements

                
	
                   

                  Schedule
                    3.04(b) -

                	
                   

                  Indebtedness
                    or Liabilities

                
	
                   

                  Schedule 3.05
                    -

                	
                   

                  Assets
                    Other than Real Property Interests

                
	
                   

                  Schedule 3.06(a)
                    -

                	
                   

                  Real
                    Property

                
	
                   

                  Schedule
                    3.06(b) -

                	
                   

                  Owned
                    and Leased Property Sold, Transferred, or Otherwise Disposed
                    Of

                
	
                   

                  Schedule 3.07
                    -

                	
                   

                  Intellectual
                    Property

                
	
                   

                  Schedule 3.08
                    -

                	
                   

                  Contracts

                
	
                   

                  Schedule 3.09
                    -

                	
                   

                  Permits

                
	
                   

                  Schedule 3.10
                    -

                	
                   

                  Taxes

                
	
                   

                  Schedule
                    3.11 -

                	
                   

                  Proceedings

                
	
                   

                  Schedule
                    3.12(a) -

                	
                   

                  Benefit
                    Plans

                
	
                   

                  Schedule
                    3.12(c) -

                	
                   

                  Assumed
                    Benefit Plans - ERISA Liability

                
	
                   

                  Schedule
                    3.12(d) -

                	
                   

                  Primary
                    Company Executives

                
	
                   

                  Schedule 3.13(a)
                    -

                	
                   

                  Absence
                    of Changes or Events (No Material Adverse Effect)

                
	
                   

                  Schedule 3.13(b)
                    -

                	
                   

                  Absence
                    of Changes or Events (Conduct in the Ordinary Course)

                
	
                   

                  Schedule 3.14
                    -

                	
                   

                  Compliance
                    with Applicable Laws

                
	
                   

                  Schedule 3.15
                    -

                	
                   

                  Compliance
                    with Applicable Environmental Laws

                
	
                   

                  Schedule 3.16
                    -

                	
                   

                  Employee
                    and Labor Matters

                
	
                   

                  Schedule 3.17(a
                    ) -

                	
                   

                  Transactions
                    with Affiliates

                
	
                   

                  Schedule
                    3.17(b) -

                	
                   

                  Contracts
                    Held by Seller

                
	
                   

                  Schedule 5.01
                    -

                	
                   

                  Covenants
                    Relating to Conduct of Business

                
	
                   

                  Schedule
                    5.13(a) -

                	
                   

                  Guarantees

                
	
                   

                  Schedule
                    5.13(b) -

                	
                   

                  GIAs;
                    Owner & Contractors Protective or Railroad Protective Insurance
                    Policies

                
	
                   

                  Schedule
                    5.16 -

                	
                   

                  Certain
                    Contracts

                
	
                   

                  Schedule
                    5.18 -

                	
                   

                  No
                    Use of the Ashland Name

                

        

      

       

      
        
          
          

        

        
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        EXHIBIT
          A

         

        TRANSITION
          SERVICES AGREEMENT

         

        This
          Transition Services Agreement (this “Agreement”)
          is
          entered into as of August 28, 2006, by and among Ashland Inc., a Kentucky
          corporation (“Provider”),
          and
          Oldcastle Materials, Inc., a Delaware corporation (“Recipient”)
          (each a
“Party”
and
          together, the “Parties”).

         

        WHEREAS,
          pursuant to that certain Stock Purchase Agreement dated as of August 19,
          2006,
          between Provider and Recipient (the “Purchase
          Agreement”)
          (terms
          contained and not defined herein but defined in the Purchase Agreement
          shall
          have the meanings defined in the Purchase Agreement), Recipient has agreed
          to
          purchase the Shares of Ashland Paving And Construction, Inc. (“APAC”,
          and,
          together with its Subsidiaries, the “Transferred
          Companies”);

         

        WHEREAS,
          Recipient is interested in purchasing the Services (as defined below) from
          Provider during the Services Periods (as defined below); and

         

        NOW,
          THEREFORE, the Parties, intending to become legally bound, agree as
          follows:

         

        
          	
                  1.

                	
                  SERVICES

                

        

         

        
          	 	
                  1.1.

                	
                  Types
                    of Services Provided; Services Periods.
                    Provider hereby agrees to perform each of the services described
                    in
                    Schedules 1 and 2 (the “IT
                    Services”)
                    and Schedules 3, 4 and 5 (the “Payroll
                    and Benefit Management Services”)
                    hereto (each a “Service,”
                    collectively, the “Services,”
                    and each group of Services identified in the column headed “Service
                    Sub-Category” on Schedules 1 and 3, a “Service
                    Sub-Category”)
                    for
                    the Transferred Companies for a period commencing on the Closing
                    Date and
                    ending on and including the date set forth opposite each such
                    Service
                    Sub-Category on Schedules 1
                    and 3
                    hereto, as applicable, in the column headed “Expected Discontinuation
                    Date” (with respect to any Service Sub-Category, (i) such date the
                    “Expected
                    Discontinuation Date”;
                    (ii) such period, the “Initial
                    Services Period”),
                    and (iii) such period, subject to earlier termination or extension
                    pursuant to Section 5.2, Section 5.3 or Section 6, as the case
                    may be, the
                    “Services
                    Period”).
                    Notwithstanding anything to the contrary herein, Provider shall
                    not be
                    required to perform or to cause to be performed any of the Services
                    for
                    the benefit of any third party or any person other than the Transferred
                    Companies.

                

        

         

        1.2. Standard
          of Delivery.

         

        
          	 	
                  1.2.1.

                	
                  In
                    providing the Services, Provider shall use commercially reasonable
                    efforts
                    to provide such Services consistent with its past practice and
                    at
                    substantially the same level and quality as performed by Provider
                    and its
                    affiliates for the Transferred Companies during the twelve (12)
                    months
                    immediately preceding the Closing Date; provided,
                    however,
                    that neither Provider nor any of its affiliates shall be obligated
                    to
                    perform or to cause to be performed any Service in a volume or
                    quantity
                    which exceeds, in any material respect, the historical volume
                    or quantity
                    of such Service performed by Provider and its affiliates for
                    the
                    Transferred Companies at comparable times and periods during
                    the twelve
                    (12) months immediately preceding the Closing Date; provided,
                    further,
                    that neither Provider

                

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
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        nor
          any
          of its affiliates shall be required to incur any capital expenses or other
          additional expenses in providing any Services to the Transferred Companies,
          other than expenses related to routine maintenance of systems necessary
          for the
          provision of comparable services to Provider for its own businesses. The
          Parties
          acknowledge the transitional nature of the Services and that Provider may
          make
          changes from time to time in the manner of performing the Services if (i)
          Provider is making similar changes in performing similar services for its
          own
          affiliates and (ii) Provider furnishes to Recipient substantially the same
          notice (in content and timing) as Provider shall furnish to its own affiliates
          with respect to such changes; provided,
          however,
          that
          such changes shall not materially reduce the level and quality of the Services
          provided to Recipient.

         

        
          	 	
                  1.2.2.

                	
                  Compliance
                    with Applicable Law. In all events, Provider shall perform the
                    Services in compliance with Applicable Law. Notwithstanding anything
                    to
                    the contrary set forth in this Agreement, Provider shall not
                    be obligated
                    to take any action or fail to take any action that in the reasonable
                    opinion of Provider, upon the advice of its counsel, would cause
                    Provider
                    to violate, or otherwise fail to comply with, any Applicable
                    Law whether
                    or not Recipient shall have directed, instructed, requested or
                    otherwise
                    purported to require Provider or any of its officers, directors,
                    employees
                    or agents to take any action or fail to take any such action.
                    Recipient
                    shall cooperate with Provider in such manner as Provider may
                    reasonably
                    request to assist with the compliance of Applicable
                    Law.

                

        

         

        
          	 	
                  1.2.3.

                	
                  No
                    Additional Representations or Warranties. Except as expressly provided
                    in this Section 1.2, Provider makes no representation or warranty,
                    expressed or implied, with respect to the Services. Without limiting
                    the
                    generality of the foregoing, Provider shall not express an opinion
                    or
                    provide Recipient with any representations or other form of assurance
                    with
                    respect to Provider’s internal control systems or its auditors’ compliance
                    with laws, regulations or other matters, including in connection
                    with any
                    SAS No. 70 review by Recipient’s auditors or Recipient’s compliance with
                    Section 404 of the Sarbanes-Oxley Act of 2002 (“Section 404”), and
                    Provider shall not perform an evaluation of internal control
                    over
                    financial reporting upon which Recipient shall base its assertions
                    in
                    connection with Section 404. PROVIDER DOES NOT MAKE ANY REPRESENTATIONS
                    OR
                    WARRANTIES, EXPRESS OR IMPLIED, REGARDING THE SUITABILITY, ORIGINALITY,
                    FITNESS FOR A PARTICULAR USE OR PURPOSE, OR RESULTS TO BE DERIVED
                    FROM THE
                    USE OF ANY SERVICES PROVIDED UNDER THIS AGREEMENT. WITHOUT LIMITING
                    THE
                    PROVISIONS OF SECTIONS 1.2.1 AND 1.2.2, PROVIDER DOES NOT GUARANTEE
                    THAT
                    ANY WORK PRODUCT WILL BE ERROR
                    FREE.

                

        

         

        1.3. Administration.

         

        
          	 	
                  1.3.1.

                	
                  Representatives.
                    Each Party shall designate (i) a representative responsible for
                    coordinating the performance of all of the Services and the transition
                    process in general (each, a “Transition Representative”), and
                    (ii) representatives to 

                

        

         

        
          
            
            

          

          
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          	 	 	implement and administer the Services provided
                  with
                  respect to each Service Sub-Category (each, a “Service Sub-Category
                  Representative” and, together with the Transition Representatives, the
                  “Representatives”). Each Party may change any of its
                  Representatives by giving written notice to the other Party. Provider’s
                  Transition Representative shall provide Recipient and its Representatives
                  with contacts in the applicable Provider departments for purposes
                  of
                  implementing and performing the Services. Provider and any director,
                  officer, employee, agent or Representative of Provider may rely
                  in good
                  faith on any document of any kind prima facie properly executed
                  and submitted by Recipient respecting any matters arising hereunder.
                  To
                  the extent Provider fails to provide any Services when and as required
                  pursuant to this Agreement as a result of a failure by a Recipient
                  or any
                  of its Representatives to provide timely information or instructions
                  reasonably necessary for Provider to perform the Services and requested
                  by
                  Provider, Provider shall not be deemed to be in breach or default
                  of this
                  Agreement.

        

         

        
          	 	
                  1.3.2.

                	
                  Consultation
                    / Meetings. During the Term and upon reasonable request of a Party,
                    during normal business hours and in such a manner as shall not
                    unduly
                    interfere with or disrupt the operation and conduct of the other
                    Party’s
                    other businesses, such other Party shall permit the requesting
                    Party to
                    consult on a reasonable periodic basis with the Representatives
                    and other
                    applicable employees of the other Party with respect to the operation
                    of
                    the Transferred Companies and the transition process (the
                    “Transition”). The Parties agree to cooperate as reasonably
                    required to assist Provider in performing the Services during
                    the Term and
                    to assist each other with the transition process during the Term
                    and upon
                    expiration thereof; provided, however, that the Party
                    requesting cooperation shall pay all reasonable out-of-pocket
                    expenses
                    incurred by the Party furnishing cooperation. The Parties shall
                    hold
                    monthly meetings to discuss the provision of the Services, including
                    operational details, transitional matters, dispute resolution
                    and any
                    other issues related to this Agreement. Such meetings may take
                    place
                    telephonically or at mutually agreed locations and may include
                    a
                    reasonable number of representatives from each
                    Party.

                

        

         

        1.4.  Access
          / Transition / Records.

         

        
          	 	
                  1.4.1.

                	
                  During
                    the Term, Provider shall provide reasonable access to the files
                    and all
                    servicing records related to the Transferred Companies that are
                    in
                    Provider’s possession or under Provider’s control, including those which
                    are reasonably necessary to enable Recipient to respond to employee,
                    customer and supplier inquiries or otherwise manage the Transferred
                    Companies and those that are necessary to enable Recipient to
                    transition
                    the Services and operations of the Transferred Companies. Recipient
                    shall
                    be entitled to make copies of and extract from such records at
                    its own
                    expense.

                

        

         

        
          	 	
                  1.4.2.

                	
                  During
                    the Term, Provider shall provide Recipient with assistance necessary
                    to
                    permit an orderly transition of the books and records (including
                    electronic files and data) of the Transferred Companies that
                    are in
                    Provider’s possession to Recipient 

                

        

         

        
          
            
            

          

          
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          	 	 	or to a successor service provider designated
                  by
                  Recipient (including permitting reasonable access to Provider’s system and
                  premises).

        

         

        
          	 	
                  1.4.3.

                	
                  At
                    the end of the Term, Provider shall deliver to Recipient all
                    of the
                    Transferred Companies’ files created during the Term that are in
                    Provider’s possession or under Provider’s control, with an inventory
                    listing of records delivered.

                

        

         

        
          	 	
                  1.4.4.

                	
                  Recipient
                    is entitled to files, servicing records and other books and records
                    related to the Transferred Companies in Provider’s possession or under
                    Provider’s control, pursuant to Sections 1.4.1, 1.4.2 and 1.4.3, to the
                    extent that such records (i) are necessary to enable Recipient
                    to
                    transition the Services and operations of the Transferred Companies,
                    (ii)
                    exist in a form that sets forth information related solely to
                    the
                    Transferred Companies (provided that, to the extent that this is
                    not the case, Provider shall provide Recipient with copies of
                    the data or
                    excerpts thereof to the extent such data relates to the Transferred
                    Companies; provided, further, with respect to any third party
                    invoice for which it is not practicable to provide a copy or
                    an excerpt,
                    Provider shall provide a summary of the necessary information
                    containing a
                    level of detail consistent with current practice) and (iii) are
                    not
                    subject to any confidentiality agreements between Provider and
                    a third
                    party; provided, further, that (A) Recipient shall be
                    entitled to obtain all employment-related files and records with
                    respect
                    to the Transferred Employees to the extent permitted by Applicable
                    Law,
                    except to the extent that such files and records are for the
                    administration and maintenance of employee benefit liabilities
                    retained by
                    Provider under the Purchase Agreement, and (B) the restrictions
                    set forth
                    in clauses (i)-(iii) of this Section 1.4.4 shall not be applicable
                    to any
                    file, book and records that are owned by any Transferred
                    Company.

                

        

         

        
          	 	
                  1.4.5.

                	
                  Recipient
                    shall grant to Provider, during the applicable Services Period,
                    subject to
                    Recipient’s reasonable security requirements, reasonable access to
                    Recipient’s premises for purposes necessary for the delivery of any
                    Services hereunder or the performance of any obligations required
                    by this
                    Agreement.

                

        

         

        
          	 	
                  1.4.6.

                	
                  Upon
                    notice of termination of any Service, Provider shall reasonably
                    cooperate
                    with Recipient to facilitate the assumption and performance of
                    such
                    Service by Recipient or another
                    servicer.

                

        

         

        
          	 	
                  1.4.7.

                	
                  Recipient
                    shall pay all reasonable out-of-pocket expenses incurred by Provider
                    in
                    connection with the transition activities set forth in Sections
                    1.4.1,
                    1.4.2, 1.4.3, 1.4.5 and 1.4.6
                    above.

                

        

         

        
          	 	1.4.8.	After
                  the completion of the transition of the Transferred Companies from
                  JD
                  Edwards to Viewpoint, Recipient and Provider shall use commercially
                  reasonable efforts to determine jointly which files of the Transferred
                  Companies containing historical data from JD Edwards and other
                  information
                  systems used by APAC are to be archived. Provider shall provide
                  Recipient,
                  no later than ninety (90) days after the Closing Date, a list of
                  information that is to be archived. Recipient shall provide Provider
                  a
                  copy of the mutually agreed-upon archived data in an SQL
                  

        

         

        
          
            
            

          

          
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          	 	 	database at no cost to Provider; provided, however,
                  that
                  if Provider’s data archival requirements are incremental to those of APAC,
                  Provider shall reimburse Recipient for any out-of-pocket expenses
                  (excluding expenses related to internal labor) that are reasonably
                  attributable to such incremental archival
                  requirements.

        

        
        

         

        
          	 	
                  1.4.9.

                	
                  Notwithstanding
                    any provision to the contrary in this Agreement, Provider shall
                    provide
                    Recipient Entities with any additional security and network services
                    not
                    already included in the existing security cost allocations set
                    forth on
                    Schedule 1 hereto to enable the Transferred Companies to use
                    the
                    applications and services hosted by Provider on the network of
                    Transferred
                    Companies during the Term; provided that Recipient shall pay all
                    reasonable out-of-pocket expenses of Provider in connection
                    therewith.

                

        

         

        
          	 	1.4.10.	Miscellaneous
                  Services. In addition to the Services described in Section 1.1,
                  (i) for a period commencing on the Closing Date and ending thirty
                  days after the Closing Date, Provider shall provide to the
                  Transferred Companies invoice printing services, (ii) for a period
                  commencing on Closing Date and ending on (and including) September
                  30,
                  2006, Provider shall continue to provide assistance to the political
                  action committees formed in the states of Alabama, Arkansas, Florida,
                  Georgia, Kansas, Mississippi, Missouri, North Carolina, Oklahoma,
                  South
                  Carolina, Tennessee, Texas and Virginia in which employees of the
                  Transferred Companies are members to enable those political action
                  committees to file all reports required by Applicable Law and (iii)
                  for a
                  period commencing on Closing Date and ending on (and including)
                  September
                  20, 2006, Provider
                  shall provide treasury and cash management-related services, including
                  cash positioning, concentration, collections, disbursements and
                  other
                  services reasonably required to operate the treasury function of
                  the
                  Transferred Companies.  Recipient shall reimburse
                  Provider for all out-of-pocket, internal labor, supplies and
                  training expenses incurred by Provider in connection with provision
                  of such services, which expenses are not otherwise included in
                  any other
                  amount payable by Recipient pursuant to this Agreement (including
                  Treasury
                  Variable Costs).

        

         

        
          	 	
                  1.4.11.

                	
                  Dispute
                    Resolution.
                    Each Party shall nominate a member of that Party’s senior management as
                    that Party’s executive representative under this Agreement for resolving
                    disputes hereunder. Any dispute between the Parties relating
                    to this
                    Agreement which cannot be resolved with reasonable promptness
                    shall be
                    referred to each executive representative in an effort to obtain
                    prompt
                    resolution. Neither Party shall commence any action against the
                    other
                    Party until the expiration of sixty (60) days from the date of
                    referral to
                    such executive representatives; provided,
                    however,
                    that this provision shall not preclude a Party from instituting
                    an action
                    seeking injunctive relief.

                

        

         

        1.5.  Disbursement
          of
          Funds.

         

        
          	 	
                  1.5.1.

                	
                  In
                    no event shall Provider be required, directly or indirectly,
                    to advance
                    funds to or on behalf of Recipient. To the extent any Service
                    requires
                    Provider to disburse funds on behalf of Recipient, upon reasonable
                    notice
                    by Provider, Recipient shall provide such funds to Provider,
                    by electronic
                    funds transfer to any account designated by Provider in writing,
                    no later
                    than the business day immediately preceding the day such disbursement
                    is
                    to be made.

                

        

         

        
          	 	
                  1.5.2.

                	
                  In
                    furtherance of the foregoing, in advance of any distribution
                    of funds
                    pursuant to the Payroll and Benefit Management Services, including
                    the
                    administration of 

                

        

         

        
          
            
            

          

          
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                  any
                    employee benefits claims (i) Provider shall provide Recipient
                    with payroll
                    and payroll tax reports, as applicable, and (ii) Recipient shall
                    deposit in a bank account designated by Provider funds in an
                    amount equal
                    to the amount of such distribution. Recipient shall provide Provider
                    with
                    all information required to appropriately distribute such funds,
                    including
                    any necessary bank account numbers of employees, payment amounts
                    and
                    information required to remit funds to applicable tax authorities
                    and
                    benefits providers.

                

        

         

        
          	 	
                  1.5.3.

                	
                  The
                    Parties acknowledge and agree that the obligations of Provider
                    to disburse
                    any funds on behalf of Recipient is contingent on the satisfaction
                    by
                    Recipient of its obligations relating to such funds under this
                    Section
                    1.5.

                

        

         

        
          	 	
                  1.6.

                	
                  Benefit
                    Plans. At the conclusion of the Services Period with regard to
                    the employee benefit plans and the benefits administration thereof
                    identified in Schedule 3, Recipient shall take all necessary
                    actions to
                    remove Provider as the identified plan administrator and shall
                    promptly
                    notify all participants and eligible employees of such removal
                    and
                    identify the new plan administrator. Additionally, Recipient
                    shall
                    indemnify and hold Provider, its employees, officers and directors
                    harmless from any and all liabilities, including any attorney
                    fees,
                    asserted against Provider as a plan administrator for acts occurring
                    after
                    the conclusion of said Services
                    Period.

                

        

         

        
          	
                  2.

                	
                  CONTRACT
                    PRICE AND PAYMENT SCHEDULE

                

        

         

        2.1.  Contract
          Price.

         

        
          	 	
                  2.1.1.

                	
                  Initial
                    Services Period Price. Recipient shall pay, with respect to each
                    Service provided hereunder, the following amounts: (i) with respect
                    to any
                    Service Sub-Category of any Payroll and Benefit Management Service
                    Sub-Category, any one-time charges set forth in the column headed
“Initial
                    Set Up Charge” in Schedule 3 hereto (the aggregate of all such one-time
                    charges, the “Initial Fee”), (ii) with respect to any Service
                    Sub-Category the amount set forth opposite such Service Sub-Category
                    in
                    the column headed “Monthly Base Fee” in Schedule 1 or Schedule 3
                    hereto, as the case may be (such amount, the “Monthly Base Fee”),
                    if any, (iii) with respect to any Service Sub-Category of IT
                    Services, the total variable costs associated with the provision
                    of such
                    Service Sub-Category, if any, calculated based on the factors
                    set forth
                    opposite such Service in the column headed “Monthly Variable Costs”
                    in Schedule 1 hereto (such total variable costs, together with
                    Treasury
                    Variable Costs, the “Monthly Variable Cost”), (iv) with respect to
                    the Treasury Services Service Sub-Category, the total variable
                    costs
                    associated with the provision of such Services, if any, calculated
                    based
                    on the factors set forth opposite the Treasury Service Service
                    Sub-Category in Schedule 3 (the “Treasury Variable Costs”) and (v)
                    any out-of-pocket expenses incurred by Provider in connection
                    with the
                    provision of each Service actually provided hereunder, which
                    out-of-pocket
                    expenses are not otherwise included in any of clauses (i), (ii)
                    and (iii)
                    above (the “Additional Out-of-Pocket
                    Expenses”).

                

        

         

        
          
            
            

          

          
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                  2.1.2.

                	
                  Fees
                    after Termination.
                    In
                    the event that Provider relies on any third party provider in
                    provision of
                    any Services hereunder, Provider shall give prompt notice to
                    such third
                    party provider of any proposed termination of such Services and
                    shall use
                    its commercially reasonable efforts to cause such third party
                    provider to
                    terminate such Services on the scheduled termination date. In
                    the event
                    such third party service provider does not terminate such service
                    on such
                    date and Provider incurred any out-of-pocket expenses after the
                    date of
                    termination of the related Service, Recipient shall reimburse
                    Provider for
                    such reasonable out-of-pocket expenses to the extent they constitute
                    Monthly Variable Costs.

                

        

         

        
          	 	
                  2.1.3.

                	
                  Extended
                    Services Period Price.
                    Recipient shall pay, with respect to each Payroll and Benefit
                    Management
                    Service for which an Extended Services Period is entered into
                    pursuant to
                    Section 6 of this Agreement, an amount equal to the amounts set
                    forth in
                    Section 2.1.1(ii), plus one hundred thirty percent (130%) of
                    the Monthly
                    Base Fee, if any, for such Service for the Extended Services
                    Period.

                

        

         

        
          	 	
                  2.1.4.

                	
                  Monthly
                    Base Fee for Payroll Tax Services.
                    The Monthly Base Fee for Payroll Tax Services is (i) included
                    in the
                    Monthly Base Fee for Payroll Services, as set forth on Schedule
                    3 hereto,
                    for the period from the date hereof through December 31, 2006,
                    and is (ii)
                    $5,000 per month for the period from January 1, 2007 to March
                    31,
                    2007.

                

        

         

        2.2.  Calculation
          and Payment Schedule.

         

        
          	 	
                  2.2.1.

                	
                  Payment
                    of Initial Fee.
                    Recipient shall pay the Initial Fees of $50,000, as set forth
                    in Schedule
                    3 hereto, on the Closing Date.

                

        

         

        
          	 	
                  2.2.2.

                	
                  Payment
                    of Monthly Base Fees.
                    Each month during the Term, Recipient shall pay the Monthly Base
                    Fee for
                    each Service provided during such month on or prior to the last
                    business
                    day of such month.

                

        

         

        
          	 	
                  2.2.3.

                	
                  Payment
                    of Monthly Variable Costs and Out-of-Pocket Expenses.
                    On
                    a monthly basis, Provider shall deliver to Recipient a separate
                    invoice
                    for each Service with respect to which Provider incurred a Monthly
                    Variable Cost and/or Additional
                    Out-of-Pocket Expenses, setting forth the amounts of such costs.
                    Each
                    invoice shall be accompanied by a reasonably detailed description
                    of the
                    Monthly Variable Cost and/or Additional Out-of-Pocket Expenses
                    associated
                    with the provision of such Service during such month and, with
                    respect to
                    invoices for IT Services, each invoice shall be in a form consistent
                    with
                    the past practices of Provider with respect to such Services,
                    as
                    previously provided to APAC. Recipient shall pay all amounts
                    due pursuant
                    to each invoice within ten (10) business days of the date of
                    such
                    invoice.

                

        

         

        
          	 	
                  2.2.4.

                	
                  Wire
                    Transfer.
                    All payments made pursuant to this Section 2.2 shall be made
                    in United
                    States’ dollars by wire transfer to an account at a financial institution
                    designated in writing by Provider.

                

        

         

        
          
            
            

          

          
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                  2.2.5.

                	
                  Late
                    Payment Fee.
                    Any (i) portion of the Initial Fee not paid as of the Closing
                    Date, (ii)
                    Monthly Base Fees not paid by the last business day of the month
                    and (iii)
                    any Monthly Variable Costs or Additional Out-of-Pocket Expenses
                    not paid
                    within ten (10) business days after the receipt by Recipient
                    of any
                    invoice (any such day on which a payment amount is due, the “Due
                    Date”)
                    shall bear interest at a rate equal to the rate of interest announced
                    publicly by Citibank, N.A., as its prime rate on such Due Date,
                    calculated
                    on the basis of the actual number of days elapsed, divided by
                    365, from
                    the Due Date until the date payment is received in full by
                    Provider.

                

        

         

        
          	 	
                  2.2.6.

                	
                  Taxes. Recipient
                    shall pay any and all applicable taxes and assessments, including,
                    without
                    limitation, any U.S., foreign, state, local, sales, use, property,
                    gross
                    receipts, provincial, transaction, value-added, goods and services,
                    excise
                    or similar taxes or other taxes of whatever nature, including
                    any
                    penalties or interest thereon (“Taxes”),
                    incurred in connection with Provider’s performance of the Services, if
                    any, excluding income or franchise taxes that are based on or
                    measured by
                    the income of, or any branch profits or similar tax imposed on,
                    Provider or any of its subsidiaries; provided,
                    however,
                    that, subject to the limitations set forth in Section 4.1, Recipient
                    shall
                    pay any excise tax or assessment imposed in connection with Provider’s
                    violation of ERISA or the Code with respect to any benefit plan
                    (“ERISA
                    Taxes”).
                    With respect to Tax matters, the procedures set forth in
                    Sections 9.01 and 9.06 of the Purchase Agreement are incorporated
                    herein
                    by reference and shall apply to this Agreement in the same manner
                    such
                    provisions apply to the Purchase
                    Agreement.

                

        

         

        
          	 	
                  2.2.7.

                	
                  Audit.
                    Upon the reasonable request and with prior written notice, during
                    normal
                    business hours and in such a manner as shall not unduly interfere
                    with or
                    interrupt the operation and conduct of Provider’s other businesses,
                    Provider shall provide representatives of Recipient (including
                    its
                    internal and external auditors) with reasonable access to (i)
                    the books,
                    records, files and papers, whether in hard copy or computer format,
                    used
                    or held for use in the provision of the Services, and (ii) applicable
                    employees of Provider who provide or manage provision of the
                    Services, to
                    permit an audit of any Monthly Variable Costs and/or out-of-pocket
                    expenses required to be paid or reimbursed to Recipient pursuant
                    to this
                    Agreement. Notwithstanding anything in the foregoing to the contrary,
                    the
                    provisions of this Section 2.2.7 shall be subject to and limited
                    by the
                    provisions of any agreement Provider has with any third party
                    vendor that
                    provides some or all of the Services or otherwise assists in
                    such Services
                    that are subject to the audit.

                

        

         

        
          	
                  3.

                	
                  FORCE
                    MAJEURE

                

        

         

        Neither
          Party shall have liability for any interruption of Services, delay or failure
          to
          perform under this Agreement when such interruption, delay or failure results
          from causes beyond its reasonable control or from compliance with any law,
          decree, requirement or order of any Governmental Entity, or as the result
          of
          strikes, lock-outs or other labor difficulties; riot, insurrection or other
          hostilities; embargo, fuel or energy shortage, fire, flood, acts of God;
          acts of
          war or terrorism; or inability to obtain necessary labor, materials or
          utilities
          as a result thereof. 

         

        
          
            
            

          

          
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        In
          such event, a Party’s obligations hereunder shall
          be postponed for such time as its performance is suspended or delayed on
          account
          thereof. Each Party shall promptly notify the other upon learning of the
          occurrence of such event of force majeure. Upon the cessation of the force
          majeure event, the delayed Party shall use all commercially reasonable
          efforts
          to resume its performance with all reasonable speed.

         

        
          	
                  4.

                	
                  LIABILITY;
                    INDEMNIFICATION

                

        

         

        
          	 	
                  4.1.

                	
                  Liability.
                    Notwithstanding anything to the contrary in this Agreement, except
                    in
                    the case of any ERISA Taxes to the extent that such ERISA Taxes
                    are
                    attributable to Provider’s gross negligence or willful misconduct, claims
                    for equitable relief and fraud, the
                    maximum liability of Provider and its affiliates to, and the
                    sole remedy
                    of, Recipient and any of its affiliates (including the Transferred
                    Companies) for breach of this Agreement or for any losses under
                    this
                    Agreement or otherwise arising with respect to the matters addressed
                    herein (including any ERISA Taxes to
                    the extent that such ERISA Taxes are not attributable
                    to
                    Provider’s gross negligence or willful misconduct),
                    regardless of the form of action that imposes liability, whether
                    in
                    contract, negligence, intentional conduct, tort or otherwise,
                    shall be a
                    termination of the provision of the Service to which such breach
                    or loss
                    relates in accordance with Section 5.3 hereof and payment of
                    an amount not
                    to exceed the lesser of (i) the Initial Fee and the Monthly Base
                    Fees
                    payable during the applicable Service Period for the particular
                    Service,
                    (ii) the cost to Recipient or any of its affiliates (including the
                    Transferred Companies) of performing the Service itself during
                    the
                    remainder of the applicable Services Period or (iii) the cost to
                    Recipient or any of its affiliates (including the Transferred
                    Companies)
                    of obtaining the Service from a third party during the remainder
                    of the
                    applicable Services Period.

                

        

         

        4.2.  Indemnity
          and Third Party Claims.

         

        
          	 	
                  4.2.1.

                	
                  Except
                    with respect to any
                    ERISA Taxes to the extent that such ERISA Taxes are attributable
                    to
                    Provider’s gross negligence or willful misconduct, Recipient shall
                    indemnify, defend and hold harmless Provider, each affiliate
                    of Provider
                    and each of their respective officers, directors, employees,
                    stockholders,
                    agents and representatives, and each of the successors and assigns
                    of any
                    of the foregoing, from and against any and all losses, claims,
                    damages,
                    liabilities, Taxes, expenses (including reasonable legal fees
                    and
                    expenses) (“Losses”)
                    or other obligations that are incurred by Provider and its affiliates
                    in
                    connection with or arising from a breach of this Agreement by,
                    or gross
                    negligence or willful misconduct on the part of, Recipient or
                    its
                    affiliates (including the Transferred
                    Companies).

                

        

         

        
          	 	
                  4.2.2.

                	
                  Provider
                    shall indemnify, defend and hold harmless Recipient and its respective
                    officers, directors, employees, stockholders, agents and representatives
                    and assigns from and against any and all Losses or other obligations
                    that
                    are incurred by Recipient or its affiliates (including the Transferred
                    Companies) in connection with or arising from a breach of this
                    Agreement
                    by, or gross negligence or willful misconduct on the part of,
                    Provider or
                    its affiliates.

                

        

         

        
          
            
            

          

          
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                      4.2.3.

                    	
                      

                          With
                            respect to any claim brought pursuant to this Section
                            4, the procedures
                            set forth in Sections 9.04, 9.06 and 9.08 of the Purchase
                            Agreement are
                            incorporated herein by reference as if fully set forth
                            herein; provided,
                            however, that (i) references to Article IX in Section
                            9.04 shall be deemed
                            to refer to Section 4 of this Agreement, (ii) the words
“(including any
                            amount included as a Specified Liability or reflected
                            in the reported
                            value of any Specified Asset in calculating the Closing
                            Balance Sheet
                            Amount)” in Section 9.04 shall be deemed deleted, (iii) references
                            to
                            “Section 9.02 or 9.03” in Section 9.06(a) shall be deemed to refer to
                            Section 4 of this Agreement, (iv) the words “subject to Sections 9.05 and
                            9.07” in Section 9.06(a) shall be deemed deleted, (v) the words
“under
                            Section 9.02 or 9.03” in Section 9.06(c) shall be deemed to refer to
                            Section 4 of this Agreement, (vi) the words “Subject to Section 9.05 and
                            9.07, the failure” in Section 9.06(c) shall be deemed amended and restated
                            to read “The failure”, (vii) references to “Section 9.01” in Section
                            9.06(d)(i) shall be deemed to refer to Section 4 of this
                            Agreement and
                            (viii) references to “Sections 9.01, 9.02 or 9.03” in Section 9.08 shall
                            be deemed to refer to Section 4 of the
                            Agreement.

                      

                    

            

             

          

        

        
          	
                  5.

                	
                  TERM;
                    CANCELLATION FOR DEFAULT AND TERMINATION FOR
                    CONVENIENCE

                

        

         

        
          	 	
                  5.1.

                	
                  Term.
                    The term of this Agreement (the “Term”)
                    shall commence on the date hereof and end on the last day of
                    the longest
                    Services Period.

                

        

         

        
          	 	
                  5.2.

                	
                  Termination
                    for Convenience.
                    Recipient may terminate this Agreement as to any Service under
                    this
                    Agreement by delivering to Provider a written notice of termination
                    no
                    later than sixty (60) days prior to the effective date of such
                    termination, which notice shall specify the Service to be terminated
                    and
                    the effective date of such
                    termination.

                

        

         

        
          	 	
                  5.3.

                	
                  Termination
                    of Entire Agreement.
                    Either Party shall have the right to terminate this Agreement
                    effective
                    upon delivery of notice to the other Party if the other Party
                    materially
                    defaults in the performance of any of its covenants or obligations
                    contained in this Agreement and such default is not remedied
                    to the
                    non-defaulting Party’s reasonable satisfaction within sixty (60) days
                    following written notice of such default. In the case of a breach
                    of
                    Recipient’s payment obligations under Section 2 of this Agreement,
                    Provider shall have the right to terminate this Agreement ten
                    (10)
                    business days after written notice of such breach is delivered
                    to
                    Recipient.

                

        

         

        
          	 	
                  5.4.

                	
                  Procedures
                    on Termination.
                    Following any termination of this Agreement, in whole or in part,
                    each
                    Party shall cooperate with the other Party as reasonably necessary
                    to
                    avoid disruption of the ordinary course of the other Party’s business.
                    Termination shall not affect any right to payment for Services
                    provided
                    prior to termination and rights to payments with respect to terminated
                    services as set forth in Section 2.1.1. From and after the
                    termination of any or all Services, Recipient shall have to further
                    payment obligations with respect to such terminated services
                    except as
                    provided in this Section 5.4 and in Sections 2.1.1 and
                    2.1.2.

                

        

         

        
          
            
            

          

          
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                  5.5.

                	
                  Effect
                    of Termination.
                    The early termination of this Agreement shall not affect the
                    rights of
                    either Party against the other for any prior breach of any covenant
                    or
                    agreement contained herein, including, without limitation, the
                    obligation
                    of Recipient to pay Provider any and all amounts payable hereunder
                    for
                    Services theretofore provided.

                

        

         

        
          	
                  6.

                	
                  EXTENSION
                    OF SERVICES PERIOD

                

        

         

        Recipient
          may extend the period for which any Service is provided (any such period
          of
          extension with respect to a Service, the “Extended
          Services Period”)
          by
          giving written notice of such extension to Provider no later than sixty
          (60)
          days prior to the expiration of the Initial Services Period. Provider shall
          not
          be obligated to provide Services for any periods of time longer than the
          following: (i) with respect to any Payroll and Benefit Management Services,
          the Initial Services Period shall end on December 31, 2006, and such Services
          can be extended through March 31, 2007, provided
          that the
          Parties understand that (A) the last paychecks actually paid will be on
          the
          dates such paychecks are paid in the last month such Services are provided;
          (B) Provider cannot perform only Payroll or only Benefit Management
          Services during any period and (C) with respect to Form W-2 preparation,
          mailing
          and filing and Tax reporting, filing and remittance Services (collectively,
          the
“Payroll
          Tax Services”)
          that
          will be provided by Provider to Recipient beyond December 31, 2006, in
          order to
          comply with tax reporting and filing requirements, the Initial Services
          Period
          shall end on March 31, 2007, and no extension beyond that date shall be
          requested by Recipient with respect to such Payroll Tax Services and (ii)
          with
          respect to any IT Services, the Initial Services Period shall end on July
          31,
          2007, and such Services can be extended through December 31, 2007.

         

        
          	
                  7.

                	
                  PROPRIETARY
                    INFORMATION

                

        

         

        
          	 	
                  7.1.

                	
                  Definition.
                    The term “Proprietary Information” means all confidential or
                    proprietary information, including but not limited to code or
                    intellectual
                    property information, which relates to and is disclosed by one
                    Party (the
                    “Originating Party”) to the other (the “Receiving Party”) in
                    connection with this Agreement, it being acknowledged that, except
                    for
                    Proprietary Information that is protected from disclosure by
                    the
                    attorney-client privilege or work product doctrine, such Proprietary
                    Information does not include the Tax structure or Tax treatment
                    of the
                    transactions contemplated by this Agreement), except as required
                    by
                    Applicable Law.

                

        

         

        
          	 	
                  7.2.

                	
                  Disclosure
                    and Use.
                    The Receiving Party shall preserve Proprietary Information received
                    from
                    the Originating Party in confidence and shall refrain from disclosing
                    Proprietary Information to any third party without written authorization
                    from the Originating Party. Except for software in source code
                    form, these
                    obligations will terminate three (3) years after the earlier
                    of (i) the
                    date on which this Agreement is terminated under either Section
                    5.2 or 5.3
                    hereof and (ii) the last
                    day of the Term.
                    During the Term, the Receiving Party shall use Proprietary Information
                    received from the Originating Party solely in connection with
                    the
                    performance of this Agreement or the Transition. The disclosure
                    and use
                    obligations set forth above shall be considered satisfied by
                    the Receiving
                    Party through the exercise of the degree of care, but in no event
                    less
                    than reasonable care, used to restrict disclosure and use of
                    its own
                    information of like kind and
                    importance.

                

        

         

        
          
            
            

          

          
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        7.3.  Protection
          of Systems and Data.

         

        
          	 	
                  7.3.1.

                	
                  Without
                    Recipient’s written permission, Provider agrees to use its commercially
                    reasonable efforts not to access or manipulate Recipient data
                    or systems
                    during the Term except as required to perform Provider’s obligations under
                    this Agreement or as agreed in writing between the
                    Parties.

                

        

         

        
          	 	
                  7.3.2.

                	
                  Without
                    Provider’s written permission, Recipient agrees to use its commercially
                    reasonable efforts not to access or manipulate Provider’s data or system
                    during the Term except as reasonably necessary in connection
                    with the
                    transition of the operations and data of the Transferred Companies
                    from
                    systems of Provider and its affiliates and except as otherwise
                    permitted
                    in this Agreement, which access is hereby permitted subject to
                    the terms
                    of this Agreement.

                

        

         

        
          	 	
                  7.4.

                	
                  Injunctive
                    Relief.
                    Both Parties acknowledge that breach of this Section 7 may cause
                    damage of
                    an irreparable and continuing nature to the Originating Party
                    for which
                    monetary damages may not provide adequate relief. Therefore,
                    in addition
                    to any monetary damages, the Originating Party is also entitled
                    to seek an
                    injunction, including if applicable, a temporary restraining
                    order, to
                    prohibit continued breach of this
                    Agreement.

                

        

         

        
          	 	
                  7.5.

                	
                  Exceptions.
                    This Agreement shall not restrict disclosure or use of Proprietary
                    Information that is:

                

        

         

        
          	 	
                  7.5.1.

                	
                  known
                    to the Receiving Party without restriction when received or thereafter
                    is
                    developed independently by the Receiving Party without reference
                    to
                    Proprietary Information of the Originating Party;
                    or

                

        

         

        
          	 	
                  7.5.2.

                	
                  obtained
                    without restriction from a source other than the Originating
                    Party through
                    no breach of confidence by the Receiving Party;
                    or

                

        

         

        
          	 	
                  7.5.3.

                	
                  in
                    the public domain when received, or thereafter enters the public
                    domain
                    through no fault of the Receiving Party;
                    or

                

        

         

        
          	 	
                  7.5.4.

                	
                  disclosed
                    by the Originating Party to a third party without restriction;
                    or

                

        

         

        
          	 	
                  7.5.5.

                	
                  required
                    by Applicable Law or regulation, provided the Receiving Party
                    notifies the
                    Originating Party of the requirement promptly, and cooperates
                    with the
                    Originating Party (at the request and expense of the Originating
                    Party) in
                    contesting the requirement.

                

        

         

        
          	 	
                  7.6.

                	
                  No
                    Other Rights Granted.
                    Proprietary Information shall remain the property of the Originating
                    Party. Except for the rights expressly granted under this Agreement,
                    neither this Agreement nor disclosure of Proprietary Information
                    hereunder
                    shall be construed as granting any right or license under any
                    trade
                    secrets, copyrights, inventions, or patents now or hereafter
                    owned or
                    controlled by either Party. Nor does this Agreement grant any
                    right or
                    license, or impose any restriction on use of disclosure
                    

                

        

         

        
          
            
            

          

          
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          	 	 	with respect to information, other than Proprietary
                  Information, disclosed or received by either Party in connection
                  with this
                  Agreement.

        

         

        
          	 	
                  7.7.

                	
                  Wind-up
                    Activities.
                    Upon completion or termination of the Services and unless instructed
                    in
                    writing to do otherwise by the Originating Party, the Receiving
                    Party
                    shall use commercially reasonable efforts to cease use of and
                    return or
                    destroy all of the Proprietary Information, if any, received
                    from the
                    Originating Party. The Originating Party may request, within
                    sixty (60)
                    days after termination of this Agreement, and the Receiving Party
                    shall
                    provide, written certification of the return or destruction.
                    In the event
                    that information not related to the sale or operation of the
                    Transferred
                    Companies is discovered by Recipient, Recipient shall contact
                    Provider for
                    instructions as to the disposition of that information and protect
                    that
                    information at the level of “Proprietary”
                    in
                    accordance with this Section 7.

                

        

         

        
          	
                  8.

                	
                  MISCELLANEOUS

                

        

         

        
          	 	
                  8.1.

                	
                  Further
                    Assurances.
                    Each Party shall, from time to time after the Closing Date, at
                    the request
                    of any other Party and without further consideration, execute
                    and deliver
                    such other documents and instruments and take such other actions,
                    as such
                    other Party may reasonably request to effect the transactions
                    contemplated
                    by this Agreement.

                

        

         

        
          	 	
                  8.2.

                	
                  Agency.
                    Provider and Recipient each agree and confirm that (a) they do not
                    intend to create any form of partnership or joint venture with
                    the other
                    Party with respect to any of the Services, (b) they will not hold
                    themselves out to the public as a partner with the other Party
                    hereto or
                    any other person with respect to any of the Services, (c) they do not
                    have, or intend to form, a joint profit motive with the other
                    Party or any
                    other person with respect to any of the Services, (d) they are not
                    authorized to act as, or to hold themselves out as, the agent
                    of or to
                    otherwise bind the other Party with respect to any of the Services,
                    (e) unless otherwise required by the Internal Revenue Service or
                    like
                    governmental authority with jurisdiction over income tax matters,
                    they
                    will not file any partnership or other joint income tax return
                    reflecting
                    the other Party as a partner or joint venturer with respect to
                    items of
                    income, loss, deduction, or credit attributable to the Services,
                    and
                    (f) they will report all items of income, loss, deduction and credit
                    attributable to the Services on their own tax returns in a manner
                    consistent with the terms of this
                    Agreement.

                

        

         

        
          	 	
                  8.3.

                	
                  Incorporation
                    by Reference.
                    The following provisions of the Purchase Agreement are incorporated
                    herein
                    by reference and shall apply to this Agreement in the same manner
                    such
                    provisions apply to the Purchase Agreement: Sections 8.01 (Amendments
                    and
                    Waivers), 10.03 (Attorney Fees), 10.04 (Notices), 10.07 (Entire
                    Agreement), 10.5(a) (Interpretation), 10.08 (Severability), 10.06
                    (Counterparts), 10.09 (Jurisdiction), 10.10 (Governing Law),
                    10.11 (Waiver
                    of Jury Trial) and 10.12 (Specific
                    Performance).

                

        

         

        
          	 	
                  8.4.

                	
                  Competing
                    Provisions.
                    The Parties acknowledge and agree that certain provisions of
                    this
                    Agreement may be inconsistent with the provisions of the Purchase
                    Agreement. To the extent that any provision hereof is inconsistent
                    with
                    the provisions of the Purchase 

                

        

         

        
          
            
            

          

          
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          	 	 	Agreement, the provisions of the Purchase Agreement
                  shall
                  govern the subject of such inconsistencies in all
                  respects.

        

         

        
          	 	
                  8.5.

                	
                  Survival:
                    Sections 2 (with respect to Initial Fees and Monthly Base Fees
                    accrued
                    prior to termination of the applicable Services), 7 (with respect
                    to
                    Proprietary Information) and 8 (with respect to Miscellaneous
                    provisions)
                    hereof shall survive the termination of this
                    Agreement.

                

        

         

        
          	 	
                  8.6.

                	
                  Assignment.
                    This Agreement shall inure to the benefit of and be binding upon
                    the
                    Parties hereto and their respective successors and permitted
                    assigns. This
                    Agreement and the rights and obligations hereunder may not be
                    assigned by
                    either Party without the express written consent of the other,
                    except that
                    Provider may delegate its obligations for the provision of Services
                    that
                    historically have been performed by affiliates or third party
                    service
                    providers to such affiliates and third party providers consistent
                    with
                    past practice; provided
                    that any such delegation shall not reduce or otherwise limit
                    the liability
                    of Provider under this Agreement.

                

        

         

        
          	 	
                  8.7.

                	
                  No
                    Third Party Beneficiaries.
                    This Agreement is for the sole benefit of the Parties hereto
                    and their
                    permitted assigns and nothing herein expressed or implied shall
                    be
                    construed to give to any person, other than the Parties hereto
                    and such
                    assigns, any legal or equitable rights
                    hereunder.

                

        

         

        
          	 	
                  8.8.

                	
                  Announcements.
                    All media releases, public announcements and public disclosures
                    by
                    Provider, Recipient or their respective affiliates relating to
                    this
                    Agreement or the subject matter of this Agreement, excluding
                    announcements
                    solely intended for internal distribution or to meet legal or
                    regulatory
                    requirements, shall be approved by Provider and Recipient prior
                    to
                    release; provided,
                    however,
                    that Provider hereby consents to all uses of its name by Recipient
                    which
                    refer in accurate terms to the Services that Provider shall provide
                    hereunder. Provider shall not use the names of Recipient and
                    its
                    affiliates (including the Transferred Companies) without prior
                    written
                    consent, except as may reasonably be necessary for the performance
                    of its
                    duties under this Agreement.

                

        

         

        
          	 	
                  8.9.

                	
                  No
                    Solicitation.
                    Without Provider’s prior written consent, Recipient shall not directly or
                    indirectly solicit for employment or hire any person is employed
                    by
                    Provider on the date hereof in an executive or management level
                    position.
                    This obligation shall terminate one (1) year after the earlier
                    of (i) the
                    date on which this Agreement is terminated under either Section
                    5.2 or 5.3
                    hereof and (ii) the last
                    day of the Term.

                

        

         

         

        [The
          remainder of this page is intentionally left blank.]

        

        
          
            
            

          

          
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        IN
          WITNESS WHEREOF,
          the
          Parties have executed this Agreement as of the date first written
          above.

        

        
          	
                   

                  Ashland
                    Inc.

                   

                   

                  By:
                    /s/ Lamar M. Chambers

                  Name:
                    Lamar M. Chambers

                  Title: 
                    Vice President and Controller

                	 	
                   

                  Oldcastle
                    Materials, Inc.

                   

                   

                  By:
                    /s/ Michael O’Driscoll

                  Name:
                    Michael O’Driscoll

                  Title:
                    Assistant Secretary

                

        

        

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

        SCHEDULE
          1

        IT
          SERVICES PRICING

         

        
          	
                   

                  Service
                    Sub-Category

                	
                   

                  Monthly
                    Variable Cost

                	
                  Expected

                  Discontinuation

                  Date

                	
                   

                  Monthly

                  Base
                    Fee

                
	
                  Voice
                    Network

                   

                	
                  Voice
                    network monthly variable costs based largely on number and duration
                    of
                    calls and use of toll free numbers, with some costs based on
                    historical
                    allocations.

                   

                  Local
                    phone services (home office and business lines) billed directly
                    through
                    Profitline.

                   

                  Mobile
                    phone services (including Blackberry and Wireless Cards) based
                    upon
                    historical charges for various plans and number and duration
                    of
                    calls.

                	
                  August
                    1, 2007

                   

                	
                  $26,537

                   

                
	
                  Data
                    Network

                   

                	
                  Variable
                    costs based on number of network lines, capacity and type of
                    line.

                  Description
                    of Lines              
                    Number
                    of Lines        Cost
                    per Line*

                   
                    768 KB/sec                  
                    2                        
                    $850

                   
                    1.5MB/sec                   
                    2                     
                    $1,200

                    512
                    KB                        
                    20                        $790

                    384
                    KB                   7                       
                    $625

                   
                    256 KB                        
                    67                       
                    $575

                  Broadband
                    VPN             1                $100

                   

                  *includes
                    circuit and associated router and switch maintenance

                	
                  August
                    1, 2007

                   

                	
                  $118,361

                   

                
	
                  OS/390

                	
                  N/A

                	
                  August
                    1, 2007

                   

                	
                  $22,917

                   

                
	
                  Intel

                   

                	
                  N/A

                   

                	
                  August
                    1, 2007

                   

                	
                  $16,400

                   

                
	
                  Distributed
                    Computing

                   

                	
                  N/A

                   

                	
                  August
                    1, 2007

                   

                	
                  $33,333

                   

                
	
                  Total
                    Service Delivery and Service Desk

                   

                	
                  Variable
                    costs based on # of PCs (currently 2,588 total PCs: 2,207 PCs
                    have
                    variable costs of $40/PC/month and the remaining 381 PCs do not
                    have
                    associated variable costs because they are plant PCs). Billing
                    by third
                    party service provider to Provider occurs each quarter and is
                    based on the
                    # of PCs in use at the time of the once-a-quarter count, regardless
                    of
                    whether the use of any such PC continues subsequent to the count
                    and the
                    termination of such TSE.

                	
                  August
                    1, 2007

                   

                	
                  $75,831

                   

                
	
                  AS400

                   

                	
                  N/A

                   

                	
                  August
                    1, 2007

                   

                	
                  $33,333

                   

                
	
                  UNIX

                   

                	
                  N/A

                   

                	
                  August
                    1, 2007

                   

                	
                  $17,000

                   

                
	
                  Security

                   

                	
                  N/A

                   

                	
                  August
                    1, 2007

                   

                	
                  $40,250

                   

                
	
                  Telephone
                    Local Service

                   

                	
                  Variable
                    costs paid by Ashland via Profitline and direct billed to APAC
                    at
                    cost.

                   

                	
                  August
                    1, 2007

                   

                	
                  $0

                   

                
	
                  Mobile
                    Phones

                   

                	
                  Variable
                    costs paid by Ashland via Profitline and direct billed to APAC
                    at
                    cost.

                   

                	
                  August
                    1, 2007

                   

                	
                  $0

                   

                
	
                  FiberLink
                    Remote Access

                   

                	
                  Variable
                    costs paid by Ashland via Profitline and direct billed to APAC
                    at
                    cost.

                   

                	
                  August
                    1, 2007

                   

                	
                  $0

                   

                
	
                  Total

                   

                	 	 	
                  $368,723

                   

                

        

        

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

        SCHEDULE
          2

        IT
          SERVICES DETAILED SERVICE DESCRIPTION

         

        
          	
                  Services

                  Sub-Category

                	
                   

                  Activity
                    Description

                	
                   

                  Key
                    Service Products

                
	
                  Voice
                    Network

                   

                	
                  Engineering,
                    implementation, optimization, administration, call routing, call
                    accounting administration and support, procurement, problem reporting,
                    incident and problem management, problem resolution, 24X7 operational
                    monitoring, and support (includes IMAC activity) of the voice
                    communication network, hardware, software and services. Also
                    includes
                    hardware maintenance, software maintenance and licensing, and
                    support for
                    adjunct voice related applications.

                   

                	
                  PBX,
                    Voice Mail, VoIP, and Video Conferencing System Configuration
                    services,
                    maintenance and support

                  · Capacity
                    planning, business need assessment, network planning, system
                    design
                    and

                     
                    implementation

                  · Change,
                    incident, problem and asset management

                  · Security
                    administration (includes third party access) and Sarbanes-Oxley
                    Compliance

                  · 24X7
                    operational monitoring and support (problem monitoring, reporting
                    and
                    resolution)

                  · System
                    upgrades / optimization

                  · Supplier
                    management / selection

                  PBX,
                    Voice Mail, Video Conferencing System and Contact Center Install/
                    Move /
                    

                  Add
                    / Change activity

                  · Coordinate
                    all IMAC activity with suppliers and interface with the business
                    and site
                    contacts

                  · Manage
                    equipment inventory

                  · Manage
                    remote administration of IMAC activity

                  Manage,
                    support and maintain Contact Center and Call Logging
                    applications

                  · Call
                    logging installation, administration, support and quality
                    monitoring

                  · Report
                    administration

                  · Scripting
                    of call and email / fax interaction for call routing and call
                    treatments

                  · Provide
                    call flow designs

                  · Agent,
                    supervisor and application administration

                  Manage
                    voice services installation, support, upgrades and all other
                    IMAC
                    activity

                  · Local
                    phone service (home office and business lines),

                  · Long
                    distance, audio conferencing

                  · Supplier,
                    expense and contract management of mobile phone service (includes
                    BlackBerry and

                    
                    Wireless Cards)

                  · Small
                    telephone and voice mail systems

                  · Toll
                    free numbers and routing

                  · Circuit
                    optimization

                  Provide
                    Tier 3 support to Global Operations for problem
                    resolution

                  Invoice
                    and supplier management, and procurement of all voice services,
                    hardware,
                    software and maintenance
                    purchases

                

        

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

        
        

         

        
          	
                  Services

                  Sub-Category 

                	 Activity
                  Description	 Key
                  Service Products

        

        
          	
                  Data
                    Network

                   

                	
                  Engineering,
                    implementation, optimization, problem
                    reporting, incident and problem management,
                    problem resolution, 24X7 operational monitoring, and support
                    (includes
                    IMAC activity) of the data communication network, hardware, software
                    and
                    services. Also includes hardware maintenance, software maintenance
                    and
                    licensing.

                   

                	
                  Wide
                    Area Network (WAN), Local Area Network (LAN), Remote / Mobile
                    access and
                    Wireless Network configuration, engineering, maintenance and
                    support

                  · Capacity
                    planning, business need assessment, network planning, system
                    design
                    and

                     
                    implementation

                  · Disaster
                    recovery planning and testing

                  · Internet
                    connectivity

                  · Domain
                    name services (DNS) and IP address management (DHCP)

                  · Quality
                    of Service (QOS) supported of the WAN

                  · Network
                    security and firewall administration (includes third party
                    access)

                  · Change,
                    incident, problem and asset management

                  · Network
                    upgrades / optimization

                  · 24X7
                    operational monitoring and support

                  · Problem
                    monitoring, reporting and resolution

                  · Sarbanes-Oxley
                    compliance

                  Wide
                    Area Network (WAN), Local Area Network (LAN), and Wireless Network
                    Install/ Move / Add / Change activity

                  · Coordinate
                    all IMAC activity with suppliers

                  · Interface
                    with the business and site contacts

                  · Manage
                    equipment inventory

                  · Manage
                    remote administration of IMAC activity

                  Provide
                    Tier 3 support to Global Operations for problem
                    resolution

                  Invoice
                    management, supplier selection and management, and procurement
                    of all data
                    related services, hardware, software and maintenance
                    purchases

                
	
                  OS/390

                   

                	
                  Engineering
                    & support, back-up & recovery, disaster recovery planning and
                    testing, capacity management, performance tuning, 24X7 operational
                    monitoring, problem reporting, incident and problem management,
                    problem
                    resolution, printing, storage and microfiche.

                   

                	
                  · HR
                    Services

                  · Payroll

                  · APAC
                    MCS (1535)

                  · Integrated
                    Accounting System (1510)

                  · QMF

                  · DB2

                  · File
                    Aid for DB2

                  · Data
                    Collection (1581)

                  · Conversion
                    Test (1588)

                  · Project
                    Pass

                

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
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              of Contents

          

        

        
        

         

          
            	
                    Services

                    Sub-Category 

                  	 Activity
                    Description	 Key
                    Service Products

          

        

        
          	
                  Intel

                   

                	
                  Usage
                    and file/print activities, engineering and support,

                  data
                    back-up & recovery, disaster recovery planning and testing, capacity
                    management, performance tuning, 24X7 operational monitoring and
                    support,
                    software maintenance licensing and support, the Citrix
                    environment.

                   

                	
                  · Citrix

                  · Meta
                    Frame Farm

                  · HCSS
                    Heavy Bid Software

                  · Primavera
                    Expedition

                  · MCS

                
	
                  Distributed

                  Computing

                   

                	
                  Engineering
                    & support, back-up & recovery, disaster recovery planning and
                    testing, capacity management, performance tuning, 24X7 operational
                    monitoring, problem reporting, incident and problem management,
                    problem
                    resolution, printing, storage of applications that are distributed
                    across
                    multiple platforms (includes Lotus Notes).

                   

                	
                  · Large
                    scale computer based printing

                  · Application
                    to application messaging

                  · Business
                    to business messaging

                  · Lotus
                    Notes

                  · Web
                    Methods

                
	
                  Security

                   

                	
                  Provide
                    efficient, effective, and simplistic authentication and authorization
                    processes and establish procedures to protect against inappropriate
                    data
                    access. Develop and maintain policy and standards to ensure data
                    integrity, coordinate with auditing the review evaluation and
                    compliance
                    requirements necessary to provide appropriate security processes
                    and
                    procedures. Provide appropriate systems and business management
                    tools to
                    ensure reliable service levels. Maximize service level performance
                    while
                    stabilizing overhead requirements and achieving minimized costs.
                    Providing
                    control objectives (integrity, accountability, availability,
                    etc.) using
                    security services (authentication, authorization, etc) comprised
                    of
                    controls and technology (Logon id's, encryption, password management,
                    audit assessments, etc.) to security information at all levels
                    of the
                    organization.

                   

                	
                  · 2,182
                    APAC computer users of which 1,518 reside on an AS/400 that we
                    help
                    administratively manage

                  · Manage
                    652 ID's on an APAC development machine

                  · Notes
                    setup and ongoing security access to Lotus Notes databases and
                    group
                    distribution change requests

                  · Manage
                    fire-call ID requests and approvals

                  · Administer
                    their AS/400 platform access

                  · Troubleshoot
                    AS/400 issues and request status issues

                  · Administer
                    formal process for allowing one person to view another persons
                    Lotus
                    Notes

                  · Review
                    daily/weekly reports for cell phone and blackberry access

                  · AS/400
                    user reviews

                  · NetIQ
                    reviews seeking proactive problem identification

                  · HRDS
                    updates (terminations, retirements, leave of absence, military
                    leave,
                    etc.)

                  · Coordinate
                    1,518 JDE updates on ID information

                  · Manage
                    audit reports and assist with non-Ashland ID management

                  · Manage
                    all shares and permissions, group account in terms of moves,
                    adds, changes
                    and deletes, as well and troubleshoot security issues to 72 APAC
                    servers

                

        

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

        
        

         

        
          
            	
                    Services

                    Sub-Category 

                  	 Activity
                    Description	 Key
                    Service Products

          

        

        
          	
                  Service
                    

                  Delivery
                    /PC

                  Services

                   

                	
                  Support
                    of the PC environment. Application wrapping, application registration,
                    tools development, asset and configuration management, Tier 3
                    support,
                    service delivery management, quality assurance testing, break
                    / fix and
                    IMAC activities. Delivery, procurement and support of all PC
                    related
                    hardware and software products and services to the business.

                   

                	
                  Service
                    Delivery

                  · PC
                    IMACD, hardware and software installation, and hardware
                    break/fix

                  · Printer
                    repair

                  · LAN/WAN
                    IMACD; Tier-2 troubleshooting; and repair

                  · Voice
                    desktop and switch IMACD; Tier-2 troubleshooting; and repair

                  · Video
                    IMACD; Tier-2 troubleshooting; and repair

                  Service
                    Management

                  · Coordination
                    with business on application registration and deployment
                    events

                  · Incident
                    escalation for business impacting PC issues

                  PC
                    Engineering

                  · PC
                    operating system engineering and image creation

                  · Engineering
                    and maintenance of standard set of PC applications

                  · Maintain
                    software distribution systems

                  Quality
                    Assurance

                  · Testing
                    and acceptance of PC software to ensure compatibility with Ashland
                    standard

                    
                     PC software

                  · Develop
                    installation and support instructions registered PC
                    applications

                  Tier-3

                  · Printer
                    support, such as: driver testing, acceptance, and installation;
                    print
                    server setup; print

                     
                    server configuration break/fix

                  · Tier-3
                    client configuration, application and hardware support

                  · PC
                    hardware add-ons (i.e. PCI cards) and peripheral testing and
                    implementation.

                  · Client
                    OS security software patching

                  Asset
                    and Configuration Management

                  · Software
                    license compliance tracking and optimization

                  · PC
                    and peripheral asset tracking

                
	
                  AS/400

                   

                	
                  Engineering
                    & support, back-up & recovery, disaster recovery planning and
                    testing, capacity management, performance tuning, 24X7 operational
                    monitoring, problem reporting, incident and problem management,
                    problem
                    resolution, printing, storage.

                   

                	
                  · ERP
                    System (JD Edwards)

                  · Financial
                    order entry, manufacturing and purchasing

                  · Tape
                    Management (LXI)

                  · Turnover

                  · Taa
                    Tools

                  · Blockade
                    (password synchronization)

                  · EMC
                    Copy Point

                	
                  · EMC
                    Time Finder

                  · Mplus

                  · STK
                    / RMLS

                  · Communicator

                  · ESSBAS

                  · Websphere

                  · IXOS

                

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

        

          
            	
                    Services

                    Sub-Category 

                  	 Activity
                    Description	 Key
                    Service Products

          

        

        
          	
                  Service
                    Desk

                   

                	
                  Incident
                    resolution of PC related service calls, performs password resets
                    and the
                    immediate software install process, Tier 1 and Tier 2 application
                    support

                   

                	
                  Service
                    Desk (Tier-1)

                  · 7x24x365
                    single point of contact for all IT related issues

                  · Enters
                    all reported IT related issues in Incident Management tool

                  · Resolves
                    incidents with scriptable and semi-scriptable resolutions

                  · Provide
                    installation of software

                  · Communication
                    with IM team for all Severity 1 and Severity 2 reported
                    issues

                  · Escalate
                    tickets that are not scriptable, or require additional resources
                    to
                    resolve

                  · Solicit
                    customer satisfaction using an automated survey

                  · Provide
                    detailed reporting on daily, weekly, and monthly basis

                  Application
                    Support (Tier-2)

                  · Escalation
                    point for the Service Desk

                  · Resolves
                    incidents with non-scriptable resolutions

                  · Test
                    configuration changes in various applications

                  · Perform
                    documented procedural activities within application back-end
                    systems

                  · System
                    administration in various applications

                  · Enters/completes
                    security requests in various applications

                  · Solicit
                    customer satisfaction using an automated survey

                  · Document
                    work instructions and process flows

                  · Root
                    cause analysis for problem identification and
                    resolution

                
	
                  J2EE
                    / Unix

                   

                	
                  Engineering
                    & support, back-up & recovery, disaster recovery planning and
                    testing, capacity management, performance tuning, 24X7 operational
                    monitoring, problem reporting, incident and problem management,
                    problem
                    resolution, printing, storage.

                   

                	
                  · Infrastructure
                    for J2EE and other Unix applications

                  · Business
                    to Business and Application to Application environment

                  · Weblogic

                  · Webmethods

                  · Inet
                    Drivers

                  · Oracle
                    DBS

                  · Microsoft
                    SQL Server (DBMS)

                  · Apache

                  · AIX
                    operating system

                  · Tivoli

                  · EMC
                    Storage

                  · Windows
                    operating system

                  · Cognos
                    Report Net

                  · OneSight

                

        

        

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

        SCHEDULE
          3

        PAYROLL
          AND BENEFIT MANAGEMENT SERVICES PRICING

         

        
           

          
            	
                    Service
                      Sub-Category

                  	
                     

                    Description

                  	
                    Monthly
                      Base Fee

                  	
                    Initial
                      Set Up Charge

                  	
                    One-time
                      Variable Cost

                  	
                    Expected
                      Discontinuation Date

                  	
                     

                    Comments

                  

          

        

        
          	
                  Payroll

                   

                	
                  -
                    Bi-weekly pay processing for salaried population

                  -
                    Weekly pay processing for hourly population

                  -
                    W4 Maintenance and entry

                  -
                    Garnishment interpretation, setup and Maintenance

                  -
                    Tax withholding administration

                  -
                    Government reporting

                  -
                    Disbursement control and remittance

                  -
                    Special check processing

                  -
                    Check printing, handling and distribution

                  -
                    FMLA process

                  -
                    Deduction Maintenance

                  -
                    Direct deposit management

                  -
                    Payroll journal entry processing

                  -
                    Unemployment Tax management support

                  -
                    Absence tracking (salaried only)

                  -
                    Other services (see Schedule 2 -- Detailed Payroll)

                  -
                    Provide all payroll data to Recipient or its delegate on
                    12/15/06

                	
                  $125,000

                   

                	
                  $30,000

                   

                	 	
                  January
                    1, 2007

                   

                	
                  -
                    Payroll Transition services include 4.75 FTE months for system
                    set-up on
                    front-end and data/file transfer work on back-end

                   

                  -
                    Does not include cost of JDE contractor, which will be direct
                    billed

                   

                
	
                  Payroll
                    Tax Services

                   

                	
                  -
                    Tax reporting, filing and remittance

                  -
                    W2 preparation, mailing and filing

                   

                	
                  See
                    Note in "Comments"

                   

                	
                  N/A

                   

                	 	
                  March
                    31, 2007

                   

                	
                  The
                    Monthly Base Fee for Payroll Tax Services is included in the
                    Monthly Base
                    Fee for Payroll Services for the period through 12/31/06, and
                    is $5,000
                    for the period from 1/1/07 to 3/31/07.

                   

                
	
                  Records
                    Management

                   

                	
                  -
                    All data entry for salaried

                  -
                    Partial data entry for hourly

                  -
                    Records Maintenance

                  -
                    System Maintenance

                	
                  $56,000

                   

                	
                  N/A

                   

                	 	
                  January
                    1, 2007

                   

                	 

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

        
           

          
             

            
              	
                      Service
                        Sub-Category

                    	
                       

                      Description

                    	
                      Monthly
                        Base Fee

                    	
                      Initial
                        Set Up Charge

                    	
                      One-time
                        Variable Cost

                    	
                      Expected
                        Discontinuation Date

                    	
                       

                      Comments

                    

            

          

        

        
          	
                  Call
                    center

                   

                	
                  -
                    Maintenance of the call center for benefits and HR policy related
                    questions

                  -
                    Harassment hotline, dedicated line for Spanish speaking APAC
                    employees

                  -
                    Enrollment related questions

                  -
                    Employment verification

                  -
                    Personnel data inquiries

                	
                  $22,300

                   

                	
                  N/A

                   

                	 	
                  January
                    1, 2007

                   

                	
                  For
                    changes in benefits, calls will be escalated to Cambridge associates;
                    if
                    volume of calls will increase due to the transition, Ashland
                    will notify
                    Oldcastle and provide basis for headcount increase. Cambridge
                    will conduct
                    early November enrollment for January 2007 time period

                
	
                  Treasury
                    Services

                   

                	
                  -
                    Check stock

                  -
                    Automated Clearing House ("ACH") credits/debits fees

                  -
                    Stop payment fees

                  -
                    Wire transfer fees

                  -
                    Positive pay exceptions fees

                  -
                    File transmission fees

                  -
                    Treasury personnel

                	
                  "Treasury
                    Variable Costs" shall be calculated according to the
                    following:

                  -
                    Check stock and ACH fees based upon the number of employees paid
                    during
                    the period

                  -
                    Fees related to stopped payments, wire transfers, positive pay
                    exceptions
                    and file transmission will be charged to Oldcastle as they
                    occur

                  -
                    Personnel at a rate of $25 / hour / employee

                   

                	
                  January
                    1, 2007

                   

                	 

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

        
           

        

        
          	
                  Service
                    Sub-

                  Category 

                	
                  Description

                	
                  Monthly
                    Base

                  Fee

                	
                  Initial
                    Set Up

                  Charge

                	
                  One-time

                  Variable
                    Cost

                	
                  Expected

                  Discontinuation
                    Date

                	Comments
	
                  Benefits
                    Administration

                   

                	
                  The
                    following services for all Buyer Plans listed on Schedule 5,
                    directly or
                    through service providers retained by Provider and listed on
                    Schedule
                    5:

                  -
                    Handle all benefit determinations, claims and appeals

                  -
                    Interpret and implement the terms of the Buyer Plans

                  -
                    Authorize and direct all disbursements of benefits and other
                    sums

                  -
                    Handle all payroll deductions and corresponding contributions

                  -
                    Track plan costs and make reports available to Buyer in the same
                    manner
                    Seller does for its own plans, except with respect to Buyer Plan
                    # 19 on
                    Schedule 5

                  -
                    Support Recipient's employees and management with respect to
                    vendor and
                    other service issues in the same manner as such support is provided
                    with
                    respect to Seller's employees and management

                  -
                    Assist in communicating with Business Employees and Seller Business
                    Employees

                  -
                    Handle all administrative support for passive/elective open enrollment
                    at
                    the time of Closing and during August open enrollment and process
                    any
                    enrollment changes

                  -
                    Handle all necessary regulatory compliance (including but not
                    limited to
                    COBRA, HIPAA and FMLA)

                  -
                    Manage external vendors

                  -
                    Provide support and information on plan design and administrative
                    features
                    that are
                    to be in effect after the Service Period and aid in the transition
                    of any
                    applicable carriers
                    at the end of the Service Period, except as relates to vendor
                    negotiated
                    fees

                  -
                    Provide all information to Recipient after the Service Period
                    ends as
                    reasonably requested
                    by Recipient to assist Recipient with completion of any applicable
                    forms
                    to
                    be filed with gov't agencies relating to the Buyer Plans due
                    after the
                    Service Period

                  -
                    Provide all LTD claims records to Recipient on 12/15/06 and 12/31/06,
                    so
                    Recipient can
                    take over claims management on 1/1/07

                	
                  $69,000

                   

                	
                  $20,000

                   

                	 	
                  January
                    1, 2007

                   

                	
                  -
                    During the Term, Provider shall be the administrator of the Buyer
                    Plans
                    (within the meaning of Section 3(16) of ERISA);

                   

                  -
                    Recipient shall become the administrator of the Buyer Plans effective
                    on
                    the end of the Term if it chooses to continue any such plans;

                   

                  -
                    If Recipient chooses to become the administrator of a Buyer Plan,
                    Provider
                    shall transfer all records relating to the administration of
                    any Buyer
                    Plan, as reasonably requested by Recipient, subject to any reasonable
                    limitations and Recipient's reimbursement of reasonable costs incurred
                    by
                    Provider in connection therewith. With
                    respect to the transfer of any such records, Provider will not
                    provide or
                    accept any direct electronic feeds to new third party providers,
                    and will
                    not provide or accept any direct electronic feeds to current
                    third party
                    providers after the expiration of the Term.

                
	
                  Benefits
                    Administration (Other)

                   

                	
                  -
                    Print, assemble, mail benefits brochures for August
                    enrollment

                   

                	 	 	
                  $1.50
                    / employee,

                  total

                  estimate
                    $13,500

                	 	
                  OMG
                    will create benefits-related communications regarding August
                    enrollment

                

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

         

         

        
          	
                  Service
                    Sub-

                  Category 

                	
                   

                  Description

                	
                  Monthly
                    Base

                  Fee 

                	
                  Initial
                    Set Up

                  Charge

                	
                  One-time

                  Variable
                    Cost

                	
                  Expected

                  Discontinuation
                    Date

                	
                   

                  Comments

                
	
                  Medical
                    Services Administration

                   

                	
                  Short
                    Term Disability administration includes:

                  -
                    Intake of completed medical forms

                  -
                    Medical review and approval of each form

                  -
                    Email notification to APAC/purchasing company contact(s) of each
                    case

                  -
                    Follow up of each case until closed. 800# will still be available
                    to
                    managers and patients who need to call

                  -
                    Medical record management of STD cases only

                  -
                    Tracking of all cases by region, division, etc as requested with
                    confidential medical information blinded

                   

                  Other
                    Medical Services administration includes:

                  -
                    Medical records maintenance

                  -
                    Administration of new hire, DOT and OSHA exams

                  -
                    Assistance with the development and launch of a new medical exam
                    management system

                   

                	
                  $30,000

                   

                	
                  N/A

                   

                	 	
                  January
                    1, 2007

                   

                	
                  -
                    Medical does not have access to information with respect to eligibility
                    for FMLA, short term disability, vacation, etc. This information
                    shall be
                    tracked by Recipient.

                   

                  -
                    Decisions in cases that are questionable regarding Workers Compensation
                    or
                    short term disability shall be made by Recipient.

                   

                
	
                  Reporting

                   

                	
                  -
                    HRIS system maintenance

                  -
                    HR data reporting

                  -
                    SOX compliance for HR data

                	
                  $9,700

                   

                	
                  N/A

                   

                	 	
                  January
                    1, 2007

                   

                	 
	
                  Total

                	 	
                  $312,000

                	
                  $50,000

                	 	 	 

        

        

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

        SCHEDULE
          4

        DETAILED
          PAYROLL SERVICES

         

        
          	
                  APAC
                    Salaried Payroll Services

                	
                  APAC
                    Hourly Payroll Services

                
	
                  W4
                    maintenance & entry

                	
                  W4
                    maintenance & entry

                
	
                  Garnishment
                    interpretation, setup and maintenance

                	
                  Garnishment
                    interpretation, setup and maintenance

                
	
                  Process
                    payroll

                	
                  Process
                    payroll

                
	
                  Tax
                    reporting, filing, remittance

                	
                  Tax
                    reporting, filing, remittance

                
	
                  Tax
                    withholding administration

                	
                  Tax
                    withholding administration

                
	
                  Government
                    reporting

                	
                  Government
                    reporting

                
	
                  Disbursement
                    control & remittance

                	
                  Disbursement
                    control & remittance

                
	
                  Special
                    check processing

                	
                  Special
                    check processing

                
	
                  Check
                    printing, handling, distribution

                	
                  Check
                    printing, handling, distribution

                
	
                  Payroll
                    journal entry processing

                	
                  Payroll
                    journal entry processing

                
	
                  Banking
                    and positive pay processing

                	
                  Banking
                    and positive pay processing

                
	
                  Direct
                    deposit management

                	
                  Direct
                    deposit management

                
	
                  ACH
                    processing and control

                	
                  ACH
                    processing and control

                
	
                  FMLA
                    process

                	
                  FMLA
                    process

                
	
                  W2
                    preparation, mailing, filing

                	
                  W2
                    preparation, mailing, filing

                
	
                  Ad-hoc
                    reporting

                	
                  Ad-hoc
                    reporting

                
	
                  Unemployment
                    tax management support

                	
                  Unemployment
                    tax management support

                
	
                  Special
                    projects

                	
                  Special
                    projects

                
	
                  Timesheet
                    entry

                	 
	
                  Deduction
                    maintenance

                	 
	
                  Special
                    earnings processing (executive compensation support)

                	 
	
                  Absence
                    tracking

                	 
	
                  Policy
                    interpretation & enforcement

                	 
	
                  Payroll
                    employee data record maintenance

                	 
	
                  Account
                    reconciliation

                	 

        

        

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

        SCHEDULE
          5

        BUYER
          PLANS and SERVICE PROVIDERS

         

        
          	
                  1)

                	
                  Medical
                    Plan for Salaried Employees - Anthem Blue Cross/Blue Shield shall
                    be the
                    third party administrator, and Medco shall provide prescription
                    drug
                    services

                

        

         

        
          	
                  2)

                	
                  Hourly
                    Medical Plan - Anthem Blue Cross/Blue Shield shall be the third
                    party
                    administrator, and Medco shall provide prescription drug
                    services

                

        

         

        
          	
                  3)

                	
                  Dental
                    Plan for Salaried Employees - Basic option shall be administered
                    by
                    MetLife and enhanced option shall be administered by Delta
                    Dental

                

        

         

        
          	
                  4)

                	
                  Hourly
                    Dental Plan - Basic option shall be administered by MetLife and
                    enhanced
                    option shall be administered by Delta
                    Dental

                

        

         

        
          	
                  5)

                	
                  Vision
                    Cost Assistance Plan - Benefits shall be provided through an
                    insurance
                    policy underwritten by Combined Life Insurance Company of America
                    and
                    administered by EyeMed Vision Care

                

        

         

        
          	
                  6)

                	
                  Group
                    Life Insurance Plan - Prudential shall be the
                    insurer

                

        

         

        
          	
                  7)

                	
                  Group
                    Variable Universal Life Insurance Plan - Metropolitan Life (formerly
                    Paragon) shall be the insurer

                

        

         

        
          	
                  8)

                	
                  Group
                    Life Insurance Plan for Hourly Employees - Prudential shall be
                    the
                    insurer

                

        

         

        
          	
                  9)

                	
                  The
                    accidental death and dismemberment portion of the Group Life
                    Insurance
                    Plan and the Group Life Insurance Plan for Hourly Employees -
                    Mutual of
                    Omaha shall be the insurer

                

        

         

        
          	
                  10)

                	
                  Voluntary
                    Personal and Family Accidental Death and Dismemberment Plan -
                    Mutual of
                    Omaha shall be the insurer

                

        

         

        
          	
                  11)

                	
                  Long
                    Term Disability Plan - Prudential shall be the third party
                    administrator

                

        

         

        
          	
                  12)

                	
                  Occupational
                    and Accidental Death and Disability Plan - Mutual of Omaha shall
                    be the
                    insurer

                

        

         

        
          	
                  13)

                	
                  Travel
                    Accident Insurance Plan - Life Insurance Co. of North America
                    shall be the
                    insurer

                

        

         

        
          	
                  14)

                	
                  Employee
                    Assistance Plan - Ashland
                    will provide the current third party provider with data on eligible
                    employees

                

        

         

        
          	
                  15)

                	
                  Legal
                    Plan - Hyatt Legal Plans shall be the
                    provider

                

        

         

        
          	
                  16)

                	
                  Adoption
                    Assistance Program - Provider shall
                    administer

                

        

         

        
          	
                  17)

                	
                  Long
                    Term Care Insurance Program - CNA shall be the
                    insurer

                

        

         

        
          	
                  18)

                	
                  Educational
                    Reimbursement Program - Recipient
                    shall approve and Provider shall
                    administer

                

        

         

        
          	
                  19)

                	
                  Sick
                    Pay Policy and Short Term Disability Program - Provider shall
                    provide
                    Short Term Disability medical review and case and medical record
                    management, as currently provided by Provider to the Transferred
                    Companies

                

        

         

        
          	
                  20)

                	
                  APAC
                    Divestiture Severance Program pre-Closing - Provider shall execute
                    severance and retention program for day-one
                    eliminations

                

        

         

        
          	
                  21)

                	
                  APAC
                    Mirror Divestiture Severance Program post-Closing - Provider
                    shall help
                    administer by providing necessary
                    information

                

        

         

        
          	
                  22)

                	
                  The
                    following other employee benefits:

                

        

        
          	 	
                  a)

                	
                  Ashland
                    Inc. Employees Credit Union

                

        

        
          	 	
                  b)

                	
                  Ayco
                    Group Financial Services

                

        

        
          	 	
                  c)

                	
                  529
                    Savings Plan offered by Fidelity

                

        

        
          	 	
                  d)

                	
                  Group
                    Auto & Homeowner's insurance - MetLife shall be the
                    insurer.

                

        

         

        
          	
                  23)

                	
                  In
                    addition, (i) as provided under the Stock Purchase Agreement,
                    Recipient
                    shall assume sponsorship of the APAC, Inc. Hourly Savings Plan
                    (which such
                    plan shall be treated as a Buyer Plan for purposes hereof and
                    with respect
                    to which Fidelity Management Trust Company shall be the trustee
                    and
                    Fidelity Investments shall provide third party administration
                    services and
                    mutual fund investment options), and (ii) Provider shall continue
                    to
                    sponsor the Flexible Spending Accounts Plan (and WageWorks shall
                    be the
                    third party administrator), which Plan shall continue to cover
                    Recipient's
                    employees and their eligible dependents until the end of the
                    Service
                    Period.

                

        

         

        
          	
                  24)

                	
                  Medical
                    Department Services - Provider shall
                    administer

                

        

      

       

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      
        EXHIBIT
          B

        

        APAC
          INDEMNITY LETTER

        

        

        August 28,
          2006

        

        Ashland
          Inc.

        50
          E.
          River Center Boulevard

        Covington,
          KY 41012

        

        Reference
          is made to Section 9.03(b) of that certain Stock Purchase Agreement dated
          as of
          August 19, 2006 (the “Purchase Agreement”) by and between Ashland Inc., a
          Kentucky corporation (“Seller”), and Oldcastle Materials, Inc., a
          Delaware corporation (“Purchaser”). Unless otherwise defined herein,
          capitalized terms used in this letter agreement without definition shall
          have
          the meanings given such terms in the Purchase Agreement.

        

        From
          and
          after the Closing, Ashland Paving And Construction, Inc. (“APAC”) shall
          indemnify and hold harmless each of Seller and its affiliates and each
          of their
          respective officers, directors, employees, stockholders, agents and
          representatives (the “Seller Indemnitees”) against and from any Loss
          suffered or incurred by such Seller Indemnitee to the extent arising from
          all
          obligations and liabilities of whatever kind and nature, primary or secondary,
          direct or indirect, absolute or contingent, known or unknown, whether or
          not
          accrued, whether arising before on or after the Closing Date, of any Transferred
          Company, including any such obligations or liabilities contained in APAC
          Contracts to which any Transferred Company is a party or any agreement,
          lease,
          license, permit, plan or commitment that, because it fails to meet the
          relevant
          threshold amount or term, is not included within the definition of APAC
          Contracts (in each case other than to the extent indemnification by Seller
          is
          provided under Article IX of the Purchase Agreement).

        

        Sections
          9.04, 9.06 and 9.08 of the Purchase Agreement are hereby incorporated herein
          by
          reference as if fully set forth herein; provided, however, that
          (i) references to “Article IX” in Section 9.04 of the Purchase Agreement shall
          be deemed to refer to this letter agreement, (ii) the last sentence of
          Section
          9.04 shall be deemed amended and restated to read as follows: “Amounts payable
          pursuant to this letter agreement shall be payable without duplication
          of any
          other amount payable pursuant to the Purchase Agreement”, (iii) references to
“Section 9.02 or 9.03” in Section 9.06(a) of the Purchase Agreement shall be
          deemed to refer to this letter agreement, (iv) the words “subject to Sections
          9.05 and 9.07” in Section 9.06(a) of the Purchase Agreement shall be deemed
          deleted, (v) the words “under Section 9.02 or 9.03” in Section 9.06(c) of the
          Purchase Agreement shall be deemed to refer to this letter agreement, (vi)
          the
          words “Subject to Section 9.05 and 9.07, the failure” in Section 9.06(c) of the
          Purchase Agreement shall be deemed amended and restated to read “The failure”,
          (vii) references to “Section 9.01” in Section 9.06(d)(i) of the Purchase
          Agreement shall be deemed to refer to this letter agreement and (viii)
          references to “Sections 9.01, 9.02 or 9.03” in Section 9.08 shall be deemed to
          refer to this letter agreement.

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

         

         

        This
          letter agreement and the rights and obligations hereunder shall not be
          assignable or transferable by any party (including by operation of law
          in
          connection with a merger or consolidation of such party) without the prior
          written consent of the other party thereto. Any attempted assignment in
          violation of the foregoing sentence shall be void. Notwithstanding anything
          to
          the contrary in this letter agreement, (i) the prior written consent of
          APAC
          shall not be required in connection with the assignment or transfer of
          Seller’s
          rights and obligations under this letter agreement pursuant to any merger
          or
          consolidation of Seller into, or a sale of all or substantially all of
          the
          assets of Seller to, another person; provided that, in the event of any
          sale of all or substantially all of the assets of Seller to another person,
          such
          person shall assume all obligations of Seller under this letter agreement,
          and
          (ii) the prior written consent of Seller shall not be required in connection
          with the assignment or transfer of APAC’s rights and obligations under this
          letter agreement pursuant to any merger or consolidation of APAC into,
          or a sale
          of all or substantially all of the assets of APAC to, another person;
provided that, in the event of any sale of all or substantially all of
          the assets of APAC to another person, such person shall assume all obligations
          of APAC under this letter agreement.

        

        [Remainder
          of page intentionally left blank]

         

         

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

         

         

        The
          parties have duly executed this letter agreement as of the date first written
          above.

         

        
          
            
              	
                      Very
                        truly yours,

                    
	 
	ASHLAND
                      PAVING AND CONSTRUCTION, INC.
                      a
                        Delaware corporation

                    
	 	 	 
	 	 	 
	 By:	 	 /s/
                      R. Kirk Randolph
	 	 	Name: R.
                      Kirk Randolph
	 	 	Title:
                      President

            

        

        Agreed
          and Accepted:

        

        

        ASHLAND
          INC.

        a
          Kentucky corporation

        

        
          
            	 By:	 	 /s/
                    Lamar M. Chambers
	 	 	Name: 
                    Lamar M. Chambers
	 	 	Title: 
                    Vice President and Controller

          

        

      

       

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      
        EXHIBIT
          C

        

        ASSIGNMENT
          AND ASSUMPTION AGREEMENT

        

        

        This
          ASSIGNMENT AND ASSUMPTION AGREEMENT (this “Agreement”)
          is
          between Ashland Inc., a Kentucky corporation (“Ashland”)
          and
          Ashland Paving And Construction, Inc. and its Subsidiaries (collectively,
          “APAC”).
          Reference is made to that certain Stock Purchase Agreement (the “Purchase
          Agreement”),
          dated
          as of August 19, 2006, between Ashland and Oldcastle Materials, Inc., a
          Delaware
          corporation (“Oldcastle”),
          for
          the sale of APAC. Unless otherwise defined herein, capitalized terms used
          in
          this Agreement without definition shall have the meanings given to such
          terms in
          the Purchase Agreement.

         

        Ashland
          desires to assign to APAC, and APAC desires to assume from Ashland, the
          contracts (the “Assigned
          Contracts”)
          set
          forth on Schedule 1 (attached hereto). Therefore, in consideration of the
          mutual
          covenants set forth herein, the parties agree as follows:

         

        SECTION
          1. Assignment.
          Ashland
          hereby assigns, conveys, transfers and delivers all of Ashland’s right, title
          and interest in, to and under the Assigned Contracts.

         

        SECTION
          2. Assumption.
          APAC
          hereby accepts such assignment, conveyance, transfer and delivery of all
          of
          Ashland’s right, title and interest in and to the Assigned Contracts and,
          subject to Oldcastle’s rights under Section 9.02(a)(vi) of the Purchase
          Agreement, assumes and agrees to pay, honor, perform and discharge all
          obligations and liabilities of Ashland under such Assigned
          Contracts.

         

        SECTION
          3. Certain
          Waivers.
          APAC
          hereby waives, relinquishes and releases Ashland and its affiliates and
          each of
          their respective officers, directors, managers, employees, stockholders,
          agents
          and representatives (the “Related
          Parties”)
          from
          any and all Losses that any party to any Assigned Contract might have asserted
          or alleged against Ashland or any Related Party at any time by reason of,
          or
          arising out of, any matters relating to such Assigned Contract except to
          the
          extent set forth in, and subject to Oldcastle’s rights under, Section
          9.02(a)(vi) of the Purchase Agreement. Notwithstanding
          anything to the contrary in this Agreement, (i) the prior written consent
          of
          Oldcastle shall not be required in connection with the assignment or transfer
          of
          Ashland’s rights and obligations under this Agreement pursuant to any merger or
          consolidation of Ashland into, or a sale of all or substantially all of
          the
          assets of Ashland to, another person; provided
          that, in
          the event of any sale of all or substantially all of the assets of Ashland
          to
          another person, such person shall assume all obligations of Ashland under
          this
          Agreement, and (ii) the prior written consent of Ashland shall not be required
          in connection with the assignment or transfer of Oldcastle’s rights and
          obligations under this Agreement pursuant to any merger or consolidation
          of
          Oldcastle into, or a sale of all or substantially all of the assets of
          Oldcastle
          to, another person; provided
          that, in
          the event of any sale of all or substantially all of the assets of Oldcastle
          to
          another person, such person shall assume all obligations of Oldcastle under
          this
          Agreement.

         

        SECTION
          4. Governing
          Law.
          This
          Agreement shall be governed by and construed in accordance with the internal
          laws of the State of New York applicable to agreements made and to be performed
          entirely within such State, without regard to the conflicts of law principles
          of
          such State.

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

         

        SECTION
          5. Counterparts.
          This
          Agreement may be executed in any number of counterparts, each of which
          shall be
          deemed to be an original, and all of which together shall be deemed to
          be one
          and the same instrument.

         

        
          SECTION
            6. Severability.
            Whenever possible, each provision or portion of any provision of this
            Guarantee
            shall be interpreted in such manner as to be effective and valid under
            Applicable Law, but if any provision of this Guarantee (or any portion
            thereof)
            or the application of any such provision (or any portion thereof) to
            any person
            or circumstance shall be held invalid, illegal or unenforceable in any
            respect
            by a court of competent jurisdiction, such invalidity, illegality or
            unenforceability shall not affect any other provision hereof (or the
            remaining
            portion thereof) or the application of such provision to any other persons
            or
            circumstances.

        

         

        [Remainder
          of page intentionally left blank]

         

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

        

         

        Effective
          the 28th day of August 2006.

         

        

          
            	
                    Ashland
                      Inc.

                  	
                    Ashland
                      Paving And Construction, Inc.

                  
	 	 	 	 
	
                    By:

                  	
                     /s/
                      Lamar M. Chambers

                  	
                    By:

                  	
                    /s/
                      R. Kirk Randolph

                  
	 	 	 	 
	
                    Name:

                  	
                    Lamar
                      M. Chambers    

                  	
                    Name:

                  	
                    R.
                      Kirk Randolph

                  
	 	 	 	 
	
                    Title:

                  	
                    Vice
                      President and Controller

                  	
                    Title:

                  	
                    President

                  

          

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

        SCHEDULE
          1

        ASSIGNED
          CONTRACTS

         

        

         

        
          	
                  1)

                	
                  Corporate
                    Procurement Agreement between Ashland, Inc. and Bucyrus Blades,
                    Inc.,
                    dated October 6, 2003, amended effective August 1,
                    2005

                

        

         

        
          	
                  2)

                	
                  Corporate
                    Procurement Agreement between Ashland, Inc. and Donaldson Company,
                    Inc.,
                    dated August 1, 2003, amended September 27,
                    2005

                

        

         

        
          	
                  3)

                	
                  Master
                    Purchase Agreement between Ashland, Inc. and Goodyear Tire & Rubber
                    Company, dated December 19, 2002 and amended by Addendum effective
                    January
                    1, 2005

                

        

         

        
          	
                  4)

                	
                  Master
                    Rental Agreement between Ashland, Inc. and Hertz, dated January
                    21, 2003,
                    amended November 2004

                

        

         

        
          	
                  5)

                	
                  Corporate
                    Procurement Agreement between Ashland, Inc. and Ingersoll-Rand
                    Company,
                    effective October 30, 2003

                

        

         

        
          	
                  6)

                	
                  Corporate
                    Procurement Agreement between Ashland, Inc. and Interstate Battery,
                    dated
                    March 21, 2005

                

        

         

        
          	
                  7)

                	
                  Master
                    Purchase Agreement between Ashland Inc. and Kawasaki Construction
                    Machinery Corporation of America, effective March 1, 2003, and
                    Amendment
                    dated September 5, 2004

                

        

         

        
          	
                  8)

                	
                  Corporate
                    Procurement Agreement between Ashland, Inc. and Komatsu
                    America Corp.,
                    effective May 1, 2004

                

        

         

        
          	
                  9)

                	
                  Corporate
                    Procurement Agreement between Ashland, Inc. and Menardi-Mikropul,
                    LLC
                    (Baghouses), effective July 1, 2005

                

        

         

        
          	
                  10)

                	
                  Corporate
                    Procurement Agreement between Ashland, Inc. and Roadtec, Inc.,
                    effective
                    January 8, 2004

                

        

         

        
          	
                  11)

                	
                  Corporate
                    Procurement Agreement between Ashland, Inc. and Sakai America,
                    Inc.,
                    effective October 30, 2003

                

        

         

        
          	
                  12)

                	
                  Supply
                    Agreement between Ashland, Inc. and Truman Arnold Companies,
                    effective
                    March 1, 2006

                

        

         

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

       

    

     

    
      

      

    

    
 

     

    SELLER
      DISCLOSURE SCHEDULE TO

     

    STOCK
      PURCHASE AGREEMENT

     

    between

     

    ASHLAND
      INC.

     

    and

     

    OLDCASTLE
      MATERIALS, INC.

     

    _________________

     

    Dated
      as of August 19, 2006

    _________________

     

    

     

     

    
      

      

    

    
      
        
          

        

        
        

      

      
        
        

        
          

        

      

      
        
        

        
          

        

      

    

    INTRODUCTION

     

    REFERENCE
      IS MADE TO THE STOCK PURCHASE AGREEMENT DATED AS OF AUGUST 19, 2006 (THE
“STOCK
      PURCHASE AGREEMENT”),
      BETWEEN ASHLAND INC., A KENTUCKY CORPORATION (“SELLER”)
      AND
      OLDCASTLE MATERIALS, INC., A DELAWARE CORPORATION (“PURCHASER”).
      CAPITALIZED TERMS USED HEREIN AND NOT OTHERWISE DEFINED HEREIN SHALL HAVE THE
      RESPECTIVE MEANINGS ASCRIBED TO SUCH TERMS IN THE STOCK PURCHASE
      AGREEMENT.

     

    This
      Seller Disclosure Schedule is qualified in its entirety by reference to specific
      provisions of the Stock Purchase Agreement, and is not intended to constitute,
      and shall not be construed as constituting, representations or warranties of
      Seller or its affiliates except as and to the extent provided in the Stock
      Purchase Agreement. Inclusion of information herein shall not be construed
      as an
      admission that such information is material to the business, assets, properties,
      financial condition, results of operations or prospects of the Transferred
      Companies, taken as a whole.

     

    Matters
      reflected in this Seller Disclosure Schedule are not necessarily limited to
      matters required by the Stock Purchase Agreement to be reflected in this Seller
      Disclosure Schedule. To the extent any such additional matters are included,
      they are set forth for informational purposes only and do not necessarily
      include other matters of a similar nature.

     

    This
      Seller Disclosure Schedule and the information and disclosures contained in
      this
      Seller Disclosure Schedule are intended only to qualify and limit the
      representations, warranties and covenants of Seller contained in the Stock
      Purchase Agreement and shall not be deemed to expand in any way the scope or
      effect of any such representations, warranties or covenants.

     

    Any
      matter set forth in any provision, subprovision, section or subsection of this
      Seller Disclosure Schedule shall be deemed set forth for all purposes of this
      Seller Disclosure Schedule to the extent relevant and reasonably
      apparent.

     

    Headings
      and subheadings have been inserted herein for convenience of reference only
      and
      shall to no extent have the effect of amending or changing the express
      description of the Sections as set forth in the Stock Purchase
      Agreement.

     

    The
      information contained herein is in all events subject to the Confidentiality
      Agreement.

     

    
      
        
          

        

        
        

      

      
        
        

        
          

        

      

      
        
        

        
          

        

      

    

    Table
      of Contents

     

    

      
        	
                Schedule
                  1.04: Form of Statement

              	
                1

              
	
                Schedule
                  2.03: No Conflicts; Consents
                  (Seller)

              	
                2

              
	
                Schedule
                  2.04: The Shares

              	
                3

              
	
                Schedule
                  3.01: Organization and
                  Standing

              	
                4

              
	
                Schedule
                  3.02: Capital Stock of the
                  Subsidiaries

              	
                5

              
	
                Schedule
                  3.03: No Conflicts; Consents
                  (APAC)

              	
                6

              
	
                Schedule
                  3.04(a): Financial
                  Statements

              	
                7

              
	
                Schedule
                  3.04(b): Indebtedness or
                  Liabilities

              	
                8

              
	
                Schedule
                  3.05: Assets Other than Real Property
                  Interests

              	
                9

              
	
                Schedule
                  3.06(a): Real
                  Property

              	
                10

              
	
                Schedule
                  3.06(b): Owned and Leased Property Sold,
                  Transferred or Otherwise Disposed Of

              	
                13

              
	
                Schedule
                  3.07: Intellectual
                  Property

              	
                14

              
	
                Schedule
                  3.08: Contracts

              	
                15

              
	
                Schedule
                  3.09: Permits

              	
                25

              
	
                Schedule
                  3.10: Taxes

              	
                26

              
	
                Schedule
                  3.11: Proceedings

              	
                27

              
	
                Schedule
                  3.12(a): Benefit
                  Plans

              	
                34

              
	
                Schedule
                  3.12(c): Assumed Benefit Plans - ERISA
                  Liability

              	
                36

              
	
                Schedule
                  3.12(d): Primary Company
                  Executives

              	
                37

              
	
                Schedule
                  3.13(a): Absence of Changes or Events
                  (No Material Adverse Effect)

              	
                38

              
	
                Schedule
                  3.13(b): Absence of Changes or Events
                  (Conduct in the Ordinary Course)

              	
                39

              
	
                Schedule
                  3.14: Compliance with Applicable
                  Laws

              	
                40

              
	
                Schedule
                  3.15: Compliance with Applicable
                  Environmental Laws

              	
                41

              
	
                Schedule
                  3.16: Employee and Labor
                  Matters

              	
                54

              
	
                Schedule
                  3.17(a): Transactions with
                  Affiliates

              	
                55

              
	
                Schedule
                  3.17(b): Contracts Held By
                  Seller

              	
                56

              
	
                Schedule
                  5.01: Covenants Relating to Conduct of
                  Business

              	
                59

              
	
                Schedule
                  5.13(a): Guarantees

              	
                60

              
	
                Schedule
                  5.13(b): GIAs; Owner & Contractors
                  Protective; Railroad Protective Insurance Policies

              	
                61

              
	
                Schedule
                  5.16(a): Certain
                  Contracts

              	
                66

              
	
                Schedule
                  5.18: No Use of the Ashland
                  Name

              	
                67

              

      

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        Table
          of Contents

      

    

     

    Schedule
      1.04:

    Form
      of Statement

     

    
      

        
          	
                  Dollars
                    in
                    Thousands

                	
                  Target
                    Balance 

                  Sheet
                    Amount 

                  (Sept.
                    30, 2005)

                	 	
                  Closing
                    Balance Sheet Amount (Closing Date)

                	 	
                  Stock
                    Purchase Agreement

                  Reference

                
	 	 	 	 	 	 
	
                  Specified
                    Assets:

                	 	 	 	 	 
	
                  Accounts
                    receivable, net

                	
                  $358,060

                	 	 	 	
                  1.04(b)(i)

                
	
                  Construction
                    in progress

                	
                  145,117

                	 	 	 	
                  1.04(b)(i)

                
	
                  Inventories

                	
                  87,260

                	 	 	 	
                  1.04(b)(i)

                
	
                  Other
                    current
                    assets

                	
                  18,788

                	 	 	 	
                  1.04(b)(i)

                
	
                  Investment
                    in
                    equity affiliates

                	
                  10,505

                	 	 	 	
                  1.04(b)(i)

                
	
                  Other
                    noncurrent assets

                	
                  17,542

                	 	 	 	
                  1.04(b)(i)

                
	
                  (Less)
                    Specified Liabilities:

                	 	 	 	 	 
	
                  Trade
                    and
                    other payables

                	
                  (335,957)

                	 	 	 	
                  1.04(b)(i)

                
	
                  Billings
                    in
                    excess of costs and estimated earnings

                	
                  (65,168)

                	 	 	 	
                  1.04(b)(i)

                
	
                  Other
                    long-term liabilities

                	
                  (90,214)

                	 	 	 	
                  1.04(b)(i)

                
	 	 	 	 	 	 
	
                  Adjustments:

                	 	 	 	 	 
	
                  (Less)
                    amounts
                    to be excluded from current assets:

                	 	 	 	 	 
	
                  Cash,
                    cash in
                    transit and cash equivalents

                	
                  -

                	 	 	 	
                  1.04(b)(ii)

                
	
                  Energy
                    derivatives instruments and related margin accounts - current
                    portion

                	
                  -

                	 	 	 	
                  1.04(b)(ii)

                
	
                  Prepaid
                    insurance premium (excludes prepayment for surety bonds)

                	
                  (3,888)

                	
                  (a)(b)

                	 	 	 
	
                  (Less)
                    amounts
                    to be excluded from non-current assets:

                	 	 	 	 	 
	
                  Energy
                    derivatives instruments and related margin accounts - non-current
                    portion

                	
                  (5,295)

                	 	 	 	
                  1.04(b)(ii)

                
	
                  Add
                    amounts to
                    be executed from current liabilities:

                	 	 	 	 	 
	
                  Pension
                    liability - current

                	
                  46,900

                	 	 	 	
                  1.04(b)(ii)

                
	
                  Incentive
                    compensation (variable pay) reserves - current portion

                	
                  7,967

                	 	 	 	
                  1.04(b)(ii)

                
	
                  Add
                    amounts to
                    be excluded from other long-term liabilities:

                	 	 	 	 	 
	
                  Tanner
                    supplemental executive retirement plan liability

                	
                  351

                	 	 	 	
                  1.04(b)(ii)

                
	
                  Incentive
                    compensation (variable pay) reserves - non-current portion

                	
                  1,495

                	 	 	 	
                  1.04(b)(ii)

                
	
                  Liability
                    for
                    remaining payment under Wedowee quarry acquisition

                	
                  500

                	 	 	 	
                  1.04(b)(ii)

                
	
                  Total

                	
                  $193,963

                	 	 	 	 
	 	 	 	 	 	 
	
                  Purchase
                    Price Adjustment - Increase (Decrease)

                	 	 	 	
                  (c)

                	 

        

      

       

      (a) Unamortized
        annual premiums prepaid to Ashland or Ashland’s captive insurer for workers
        compensation, auto/general liability, all-risk property and pollution and
        excess
        liability coverage amortized over the year.

      (b) Excludes
        unamortized surety bond costs prepaid for individual construction jobs and
        amortized over the life of the respective jobs.

      (c) Calculated
        as total Closing Balance Sheet Amount less total Target Balance Sheet
        Amount.

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        Table
          of Contents

      

    

     

     

    Schedule
      2.03:

    No
      Conflicts; Consents (Seller)

     

    

    For
      purposes of this Schedule 2.03, Purchaser acknowledges and agrees that Purchaser
      shall be deemed on notice of any required consent to the extent that it is
      set
      forth in any contract that is listed on Schedule 3.08, including the
      following:

     

    
      	
              1)

            	
              Bandag
                Fleet Sales Agreement between Ashland, Inc. (Fleet) and Bandag
                Incorporated, effective September 3, 2002, amended March 3,
                2005

            

    

     

    
      	
              2)

            	
              Master
                Purchase Agreement between Ashland, Inc. and Bridgestone, effective
                September 5, 2002, amended August 18,
                2004

            

    

     

    
      	
              3)

            	
              Cintas
                Corporation and Ashland Inc.—Multiple Location Rental Account Agreement
                dated December 8, 2000 and Addendums of January 1, 2001, September
                25,
                2001, November 30, 2005, and December 20,
                2005

            

    

     

    
      	
              4)

            	
              JPMorgan
                - Commercial Card Agreement between Bank One, NA and Ashland Inc.
                dated
                May 20, 2002

            

    

     

    
      	
              5)

            	
              Master
                Services Agreement between Ashland Inc. and Verifications, Inc.,
                dated
                June 24, 2004

            

    

     

    
      
        
        

      

      
        2

        
          

        

      

      
        Table
          of Contents

      

    

    
 

    Schedule
      2.04:

    The
      Shares

     

    

    None.

     

     

    
      
        
        

      

      
        3

        
          

        

      

      
        Table
          of Contents

      

    

     

    
Schedule
      3.01:

    Organization
      and Standing

     

    

    Ashland
      Paving And Construction, Inc. (DE) (Name to be changed to “APAC Holdings, Inc.”
on August 22, 2006.)

     

    APAC,
      Inc. (DE)

     

    APAC-Arkansas,
      Inc. (DE)

     

    APAC-Atlantic,
      Inc. (DE)

     

    APAC-Kansas,
      Inc. (DE)

     

    APAC-Mississippi,
      Inc. (DE)

     

    APAC-Missouri,
      Inc. (DE)

     

    APAC-Oklahoma,
      Inc. (DE)

     

    APAC-Southeast,
      Inc. (GA)

     

    APAC-Tennessee,
      Inc. (DE)

     

    APAC-Texas,
      Inc. (DE)

     

    Ashland
      Construction Communications Company (DE) (Name to be changed to “APAC
      Construction Communications Company” on August 22, 2006.)

     

    Limpus
      Quarries, Inc. (MO)

    
 

    
      
        
        

      

      
        4

        
          

        

      

      
        Table
          of Contents

      

    

    
 

    Schedule
      3.02:

    Capital
      Stock of the Subsidiaries

     

    

    
      	
               

              Subsidiary

            	
               

              Authorized

              Capital
                Stock

            	
               

              Outstanding
                
Capital Stock

            	
               

              Record
                Owners

            	
               

               

              Beneficial
                Owners

            
	
               

              APAC-Arkansas,
                Inc.

            	
               

              1,000
                Common

            	
               

              10
                Common

               

            	
               

              APAC

               

            	
               

              N/A

            
	
               

              APAC-Atlantic,
                Inc.

               

            	
               

              1,000
                Common

               

            	
               

              10
                Common

               

            	
               

              APAC

               

            	
               

              N/A

               

            
	
               

              APAC-Kansas,
                Inc.

               

            	
               

              1,000
                Common

               

            	
               

              10
                Common

               

            	
               

              APAC

               

            	
               

              N/A

               

            
	
               

              APAC-Mississippi,
                Inc.

               

            	
               

              1,000
                Common

               

            	
               

              10
                Common

               

            	
               

              APAC

               

            	
               

              N/A

               

            
	
               

              APAC-Missouri,
                Inc.

               

            	
               

              1,000
                Common

               

            	
               

              10
                Common

               

            	
               

              APAC

               

            	
               

              N/A

               

            
	
               

              APAC-Oklahoma,
                Inc.

               

            	
              1,000
                Common Class A; 

              1,000
                Non-voting Class B Cumulative Preferred

            	
              10
                Common;

              0
                Preferred

               

            	
               

              APAC

               

            	
               

              N/A

               

            
	
               

              APAC-Southeast,
                Inc.

               

            	
               

              1,000
                Common

               

            	
               

              10
                Common

               

            	
               

              APAC

               

            	
               

              N/A

               

            
	
               

              APAC-Tennessee,
                Inc.

               

            	
               

              1,000
                Common

               

            	
               

              10
                Common

               

            	
               

              APAC

               

            	
               

              N/A

               

            
	
               

              APAC-Texas,
                Inc.

               

            	
               

              1,000
                Common

               

            	
               

              10
                Common

               

            	
               

              APAC

               

            	
               

              N/A

               

            
	
               

              APAC,
                Inc.

               

            	
               

              1,000
                Common

               

            	
               

              10
                Common

               

            	
               

              APAC

               

            	
               

              N/A

               

            
	
              Ashland
                Construction Communications 

              Company
                (Name
                to be 

              changed
                to “APAC 

              Construction
                

              Communications
                

              Company”
                on 8/22/06)

            	
              1,000
                Common

               

            	
              10
                Common

               

            	
              APAC

               

            	
              N/A

               

            
	
               

              Limpus
                Quarries, Inc.

               

            	
               

              2,000
                Common

               

            	
               

              132
                Common

               

            	
               

              APAC-Kansas,
                Inc.

               

            	
               

              N/A

               

            

    

    

     

    
      
        
        

      

      
        5

        
          

        

      

      
        Table
          of Contents

      

    

     

     

    Schedule
      3.03:

    No
      Conflicts; Consents (APAC)

     

    

    For
      purposes of this Schedule 3.03, Purchaser acknowledges and agrees that Purchaser
      shall be deemed on notice of any required consent to the extent that it is
      set
      forth in any contract that is listed on Schedule 3.08, including the
      following:

     

    
      	
              1)

            	
              Civil
                Equipment Agreement between APAC, Inc. and Caterpillar, effective
                May 1,
                2004

            

    

     

    
      	
              2)

            	
              Mineral
                Extraction Agreement between APAC-Southeast, Inc. and Vecellion &
                Grogan (White Rock Quarries-South), entered into October 19,
                2004

            

    

     

     

    
      
        
        

      

      
        6

        
          

        

      

      
        Table
          of Contents

      

    

     

     

    Schedule
      3.04(a):

    Financial
      Statements

     

    

    See
      attached Financial Statements (audited as of September 30, 2005, and unaudited
      as of June 30, 2006.)

     

    
      
        
           

        

        
        

      

      
        7

        
          

        

      

      
        Table
          of Contents

        
           

        

      

    

    
      Schedule
        3.04

       

      

         

        CONSOLIDATED
          FINANCIAL
          STATEMENTS

         

        Ashland
          Paving and Construction, Inc.

        and
          Subsidiaries

        Years
          Ended September 30, 2005, 2004 and 2003

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        Ashland
          Paving and Construction, Inc.

        and
          Subsidiaries

         

        Years
          Ended September 30, 2005, 2004 and 2003

         

        Contents

         

        Report
          of Independent Auditors
          ....................................................................................................................................................................................1

        

        Consolidated
          Financial
          Statements

        

        Consolidated
          Balance
          Sheets.........................................................................................................................................................................................2

        Consolidated
          Statements of
          Operations..........................................................................................................................................................................3

        Consolidated
          Statements of Owner’s
          Equity...................................................................................................................................................................4

        Consolidated
          Statements of Cash
          Flows.........................................................................................................................................................................5

        Notes
          to Consolidated Financial
          Statements....................................................................................................................................................................6

        

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

        

        

        

        Report
          of Independent Auditors

         

        The
          Board
          of Directors

        Ashland
          Inc.

         

        We
          have audited the accompanying consolidated balance sheets of Ashland Paving
          and
          Construction, Inc. as of September 30, 2005 and 2004, and the related
          consolidated statements of operations, owner’s equity, and cash flows for each
          of the three years in the period ended September 30, 2005. These financial
          statements are the responsibility of Ashland Paving and Construction, Inc.’s
          management. Our responsibility is to express an opinion on these financial
          statements based on our audits.

         

        We
          conducted our audits in accordance with auditing standards generally accepted
          in
          the United States. Those standards require that we plan and perform the
          audit to
          obtain reasonable assurance about whether the financial statements are
          free of
          material misstatement. We were not engaged to perform an audit of the Company’s
          internal control over financial reporting. Our audits included consideration
          of
          internal control over financial reporting as a basis for designing audit
          procedures that are appropriate in the circumstances, but not for the purpose
          of
          expressing an opinion on the effectiveness of the Company’s internal control
          over financial reporting. Accordingly, we express no such opinion. An audit
          also
          includes examining, on a test basis, evidence supporting the amounts and
          disclosures in the financial statements, assessing the accounting principles
          used and significant estimates made by management, and evaluating the overall
          financial statement presentation. We believe that our audits provide a
          reasonable basis for our opinion.

         

        In
          our
          opinion, the consolidated financial statements referred to above present
          fairly,
          in all material respects, the consolidated financial position of Ashland
          Paving
          And Construction, Inc. as of September 30, 2005 and 2004, and the consolidated
          results of its operations and its cash flows for the three years in the
          period
          ended September 30, 2005, in conformity with accounting principles generally
          accepted in the United States.

         

        

         

         

        October
          28,
          2005

        

          
            
              
              

            

            
              1

              
                

              

            

            
              Table
                of Contents

            

          

        

        
          Ashland
            Paving and Construction, Inc.

          and
            Consolidated Subsidiaries

           

        

        Consolidated
          Balance Sheets

         

        

        
          	 	 	
                  September
                    30

                	 
	 	 	
                  2005

                	 	
                  2004

                	 
	
                   

                	 	
                  (In
                    Thousands) 

                
	 	 	 	 	 	 	 	 
	
                     
                    Assets

                	 	 	 	 	 	 	 
	
                     
                    Current assets:

                	 	 	 	 	 	 	 
	
                    
                    Accounts receivable, net (includes billed retainage of $73,441
                    thousand in
                    2005 and $67,629 thousand in 2004)

                	 	
                  $

                	
                  358,060

                	 	
                  $

                	
                  337,136

                	 
	
                   
Construction
                    in progress

                	 	 	
                  145,117

                	 	 	
                  127,567

                	 
	
                    
                    Inventories

                	 	 	
                  87,260

                	 	 	
                  75,281

                	 
	
                    
                    Deferred income taxes

                	 	 	
                  20,594

                	 	 	
                  10,068

                	 
	
                    
                    Receivable from parent

                	 	 	
                  -

                	 	 	
                  75,144

                	 
	
                    
Other
                    current assets

                	 	 	
                  18,788

                	 	 	
                  15,131

                	 
	
                     
                    Total current assets

                	 	 	
                  629,819

                	 	 	
                  640,327

                	 
	 	 	 	 	 	 	 	 
	
                    
                     Goodwill and other intangibles

                	 	 	
                  414,574

                	 	 	
                  413,902

                	 
	
                     
                    Investment in equity affiliates

                	 	 	
                  10,505

                	 	 	
                  6,529

                	 
	
                     
                    Other noncurrent assets

                	 	 	
                  17,542

                	 	 	
                  10,435

                	 
	
                     
                    Net property, plant, and equipment

                	 	 	
                  591,968

                	 	 	
                  478,151

                	 
	
                     
                    Total assets

                	 	
                  $

                	
                  1,664,408

                	 	
                  $

                	
                  1,549,344

                	 
	 	 	 	 	 	 	 	 
	
                    
                     Liabilities and owner’s equity

                	 	 	 	 	 	 	 
	
                     
                    Current liabilities:

                	 	 	 	 	 	 	 
	
                     
                    Trade and other payables

                	 	
                  $

                	
                  335,957

                	 	
                  $

                	
                  288,873

                	 
	
                    
                     Billings in excess of costs and estimated earnings

                	 	 	
                  65,168

                	 	 	
                  45,612

                	 
	
                   
 
Income
                    taxes

                	 	 	
                  3,108

                	 	 	
                  -

                	 
	
                     
                    Payable to parent

                	 	 	
                  70,343

                	 	 	
                  -

                	 
	
                    
                     Total current liabilities

                	 	 	
                  474,576

                	 	 	
                  334,485

                	 
	 	 	 	 	 	 	 	 
	
                     
                    Employee benefit obligations

                	 	 	
                  23,505

                	 	 	
                  55,572

                	 
	
                     
                    Deferred income taxes

                	 	 	
                  30,258

                	 	 	
                  52,453

                	 
	
                     
                    Other long-term liabilities

                	 	 	
                  90,214

                	 	 	
                  80,738

                	 
	
                     
                    Total liabilities

                	 	 	
                  618,553

                	 	 	
                  523,248

                	 
	 	 	 	 	 	 	 	 
	
                    
                     Owner’s equity

                	 	 	
                  1,045,855

                	 	 	
                  1,026,096

                	 
	
                     
                    Total liabilities and owner’s equity

                	 	
                  $

                	
                  1,664,408

                	 	
                  $

                	
                  1,549,344

                	 

        

        

         
See
          accompanying notes.

         

        

        
          
            
              
              

            

            
              2

              
                

              

            

            
              Table
                of Contents

            

          

        

        
          Ashland
            Paving and Construction, Inc.

          and
            Consolidated Subsidiaries

           

        

        Consolidated
          Statements of
          Operations

         

         

        
          
            	 	 	
                    Years
                      Ended
                      September 30

                  	 
	 	 	
                    2005

                  	 	
                    2004

                  	 	
                    2003

                  	 
	
                     

                  	
                     

                  	
                    (In
                      Thousands) 

                  
	 	 	 	 	 	 	 	 	 	 	 
	
                    Sales
                      and operating
                      revenues

                  	 	
                    $

                  	
                    2,539,184

                  	 	
                    $

                  	
                    2,525,300

                  	 	
                    $

                  	
                    2,400,305

                  	 
	
                    Gain
                      (loss) on
                      disposal of assets

                  	 	 	
                    9,116

                  	 	 	
                    18,271

                  	 	 	
                    (3,614

                  	
                    )

                  
	
                    Equity
                      in income of
                      affiliates

                  	 	 	
                    6,156

                  	 	 	
                    19,275

                  	 	 	
                    9,492

                  	 
	
                    Interest
                      and other
                      income

                  	 	 	
                    10,778

                  	 	 	
                    3,787

                  	 	 	
                    3,157

                  	 
	
                    Total
                      revenue

                  	 	 	
                    2,565,234

                  	 	 	
                    2,566,633

                  	 	 	
                    2,409,340

                  	 
	 	 	 	 	 	 	 	 	 	 	 
	
                    Cost
                      of sales and
                      operating revenue

                  	 	 	
                    2,278,103

                  	 	 	
                    2,226,871

                  	 	 	
                    2,200,897

                  	 
	
                    Gross
                      profit

                  	 	 	
                    287,131

                  	 	 	
                    339,762

                  	 	 	
                    208,443

                  	 
	 	 	 	 	 	 	 	 	 	 	 
	
                    Selling,
                      general,
                      and administrative expenses

                  	 	 	
                    211,931

                  	 	 	
                    203,090

                  	 	 	
                    225,777

                  	 
	
                    Corporate
                      expenses

                  	 	 	
                    45,503

                  	 	 	
                    42,276

                  	 	 	
                    39,408

                  	 
	
                    Total
                      expenses

                  	 	 	
                    257,434

                  	 	 	
                    245,366

                  	 	 	
                    265,185

                  	 
	 	 	 	 	 	 	 	 	 	 	 
	
                    Operating
                      income
                      (loss) before income taxes

                  	 	 	
                    29,697

                  	 	 	
                    94,396

                  	 	 	
                    (56,742

                  	
                    )

                  
	
                    Income
                      taxes
                      (benefit)

                  	 	 	
                    9,938

                  	 	 	
                    32,958

                  	 	 	
                    (23,201

                  	
                    )

                  
	
                    Net
                      income (loss)

                  	 	
                    $

                  	
                    19,759

                  	 	
                    $

                  	
                    61,438

                  	 	
                    $

                  	
                    (33,541

                  	
                    )

                  

          

        

         

          
See
          accompanying notes.

         

        

        
          
            
              
              

            

            
              3

              
                

              

            

            
              Table
                of Contents

            

          

        

        

         
          
          Ashland
            Paving and Construction, Inc.

          and
            Consolidated Subsidiaries

           

        

        Consolidated
          Statements of Owner’s
          Equity

         

        

        
          	 	 	
                  Paid-in

                  Capital

                	 	
                  Retained
                    Earnings

                	 	
                  Total

                	 
	 	 	
                  (In
                    Thousands)

                	 
	 	 	 	 	 	 	 	 
	
                    
Balance
                    at September 30, 2002

                	 	
                  $

                	
                  150,761

                	 	
                  $

                	
                  847,438

                	 	
                  $

                	
                  998,199

                	 
	
                   
 Net
                    loss

                	 	 	
                  -

                	 	 	
                  (33,541

                	
                  )

                	 	
                  (33,541

                	
                  )

                
	
                    
Balance
                    at September 30, 2003

                	 	 	
                  150,761

                	 	 	
                  813,897

                	 	 	
                  964,658

                	 
	
                   
 Net
                    income

                	 	 	
                  -

                	 	 	
                  61,438

                	 	 	
                  61,438

                	 
	
                    
Balance
                    at September 30, 2004

                	 	 	
                  150,761

                	 	 	
                  875,335

                	 	 	
                  1,026,096

                	 
	
                    
Net
                    income

                	 	 	
                  -

                	 	 	
                  19,759

                	 	 	
                  19,759

                	 
	
                    
Balance
                    at September 30, 2005

                	 	
                  $

                	
                  150,761

                	 	
                  $

                	
                  895,094

                	 	
                  $

                	
                  1,045,855

                	 

        

        

         
See
          accompanying notes.

         

        

        
          
            
              
              

            

            
              4

              
                

              

            

            
              Table
                of Contents

            

          

        

        

        
          Ashland
            Paving and Construction, Inc.

          and
            Consolidated Subsidiaries

           

        

        Consolidated
          Statements of Cash
          Flows

         

        

        
          	
                   

                	 	
                  Years
                    Ended
                    September 30

                
	 	 	 	
                  2005

                	 	 	
                  2004

                	 	 	
                  2003

                	 
	
                	 	
                  (In
                    Thousands) 

                
	
                    
                    Operating activities

                	 	 	 	 	 	 	 	 	 	 
	
                    
                    Net income (loss)

                	 	
                  $

                	
                  19,759

                	 	
                  $

                	
                  61,438

                	 	
                  $

                	
                  (33,541

                	
                  )

                
	
                    
                    Adjustments to reconcile to cash flows from
                    operations:

                	 	 	 	 	 	 	 	 	 	 
	
                    
                    Depreciation, depletion and amortization

                	 	 	
                  93,624

                	 	 	
                  95,034

                	 	 	
                  108,248

                	 
	
                    
                    (Benefit) provision for deferred income taxes

                	 	 	
                  (31,945

                	
                  )

                	 	
                  21,411

                	 	 	
                  (16,330

                	
                  )

                
	
                    
                    Equity in income of affiliates

                	 	 	
                  (6,156

                	
                  )

                	 	
                  (19,275

                	
                  )

                	 	
                  (9,492

                	
                  )

                
	
                    
                    Distributions from equity affiliates

                	 	 	
                  1,931

                	 	 	
                  16,383

                	 	 	
                  -

                	 
	
                    
                    (Gain) loss from sale of property, plant, and
                    equipment

                	 	 	
                  (8,541

                	
                  )

                	 	
                  (7,712

                	
                  )

                	 	
                  4,479

                	 
	
                    
                    (Gain) loss from sale of operations

                	 	 	
                  (575

                	
                  )

                	 	
                  (10,559

                	
                  )

                	 	
                  (865

                	
                  )

                
	
                    
                    Change in operating assets and liabilities, net of businesses
                    acquired:

                	 	 	 	 	 	 	 	 	 	 
	
                    
                    (Increase) in accounts receivable

                	 	 	
                  (20,924

                	
                  )

                	 	
                  (7,460

                	
                  )

                	 	
                  (27,928

                	
                  )

                
	
                    
                    (Increase) decrease in construction completed and in
                    progress

                	 	 	
                  (17,550

                	
                  )

                	 	
                  9,879

                	 	 	
                  (5,188

                	
                  )

                
	
                    
                    (Increase) decrease in inventories

                	 	 	
                  (11,979

                	
                  )

                	 	
                  (5,485

                	
                  )

                	 	
                  1,521

                	 
	
                    
                    (Increase) decrease in other current assets

                	 	 	
                  (3,657

                	
                  )

                	 	
                  (1,086

                	
                  )

                	 	
                  4,122

                	 
	
                    
                    (Increase) in other noncurrent assets

                	 	 	
                  (6,207

                	
                  )

                	 	
                  (260

                	
                  )

                	 	
                  (8,911

                	
                  )

                
	
                    
                    Increase (decrease) in trade and other payables

                	 	 	
                  47,084

                	 	 	
                  (12,229

                	
                  )

                	 	
                  13,895

                	 
	
                    
                    Increase (decrease) in billings in excess of costs and
                    estimated
                    earnings

                	 	 	
                  19,556

                	 	 	
                  (10,541

                	
                  )

                	 	
                  (13,650

                	
                  )

                
	
                    
                    Increase (decrease) in income taxes

                	 	 	
                  3,108

                	 	 	
                  1,462

                	 	 	
                  (2,661

                	
                  )

                
	
                    
                    (Decrease) increase in noncurrent liabilities

                	 	 	
                  (15,876

                	
                  )

                	 	
                  7,001

                	 	 	
                  8,388

                	 
	
                    
                    Net cash provided by operating activities

                	 	 	
                  61,652

                	 	 	
                  138,001

                	 	 	
                  22,087

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                    
                    Financing activities

                	 	 	 	 	 	 	 	 	 	 
	
                    
                    Transfers (to) from parent, net

                	 	 	
                  75,875

                	 	 	
                  (124,476

                	
                  )

                	 	
                  8,906

                	 
	
                    
                    Cash provided by (used in) financing activities

                	 	 	
                  75,875

                	 	 	
                  (124,476

                	
                  )

                	 	
                  8,906

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                    
                    Investing activities

                	 	 	 	 	 	 	 	 	 	 
	
                    
                    Additions to property, plant, and equipment

                	 	 	
                  (138,428

                	
                  )

                	 	
                  (72,903

                	
                  )

                	 	
                  (46,956

                	
                  )

                
	
                    
                    Proceeds from sale of property, plant, and
                    equipment

                	 	 	
                  19,189

                	 	 	
                  11,763

                	 	 	
                  13,575

                	 
	
                    
                    Purchases of operations, net of cash acquired

                	 	 	
                  (20,679

                	
                  )

                	 	
                  -

                	 	 	
                  (5,045

                	
                  )

                
	
                    
                    Proceeds from sale of operations

                	 	 	
                  2,391

                	 	 	
                  47,615

                	 	 	
                  7,433

                	 
	
                    
                    Net cash used in investing activities

                	 	 	
                  (137,527

                	
                  )

                	 	
                  (13,525

                	
                  )

                	 	
                  (30,993

                	
                  )

                
	
                    
                    Change in cash and cash equivalents

                	 	 	
                  -

                	 	 	
                  -

                	 	 	
                  -

                	 
	
                    
                    Cash and cash equivalents at beginning of year

                	 	 	
                  -

                	 	 	
                  -

                	 	 	
                  -

                	 
	
                    
                    Cash and cash equivalents at end of year

                	 	
                  $

                	
                  -

                	 	
                  $

                	
                  -

                	 	
                  $

                	
                  -

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                    
                    Supplemental non-cash disclosure

                	 	 	 	 	 	 	 	 	 	 
	
                    
                    Addition to property, plant, and equipment funded by
                    parent

                	 	
                  $

                	
                  61,238

                	 	
                  $

                	
                  -

                	 	
                  $

                	
                  -

                	 

        

        

         
See
          accompanying notes.

         

        

        

        
          
            
              
                

              

              
              

            

            
              5

              
                

              

            

            
              Table
                of Contents

              
                

              

            

          

        

        

        
          Ashland
            Paving and Construction, Inc.

          and
            Subsidiaries

           

          Notes
            to Consolidated Financial
            Statements

           

        

        September
          30,
          2005

         

         

        1.
          Nature of
          Operations

         

        The
          Ashland Paving And Construction, Inc. group of companies (APAC) is one
          of the
          nation’s largest transportation construction contractors and is a major supplier
          of construction materials. APAC performs construction work, such as paving,
          repairing and resurfacing highways, streets, airports, residential and
          commercial developments, sidewalks and driveways, and grading and base
          work. In
          addition, it performs a number of services such as excavation and site
          work for
          the construction of bridges, other structures, drainage facilities and
          underground utilities for public and private projects. APAC conducts its
          business through 25 market-focused business units and a Major Projects
          Group
          operating in 14 southern and mid-continent states. These business units
          provide
          construction services and materials throughout the regions in which they
          operate.

         

        APAC
          currently has 92 aggregate production facilities, including 41 permanent
          operating quarry locations; 24 ready-mix concrete plants; 227 hot-mix asphalt
          plants; and a fleet of over 13,000 mobile equipment units, including
          construction equipment, on-highway construction support assets and vehicles.
          In
          certain market areas, APAC is vertically integrated with asphalt, aggregate
          and
          ready-mix operations, all complementing each other. Raw materials and aggregate
          generally consist of sand, gravel, granite, limestone and sandstone. About
          30%
          of the aggregate produced by APAC is used in APAC’s own contract construction
          work and the production of various processed construction materials. The
          remainder is sold to third parties. APAC also purchases substantial quantities
          of raw aggregate from other producers whose proximity to the job site renders
          these purchases economically attractive. Most other materials, such as
          liquid
          asphalt, Portland cement and reinforcing steel, are purchased from third
          parties.

         

        Approximately
          77%, 78% and
          77% of APAC’s sales and operating revenues for fiscal years 2005, 2004 and 2003,
          respectively, were construction revenues, with the remaining 23%, 22% and
          23%
          for the respective periods coming from sales of construction materials.
          Approximately 82% for 2005 and 2004, and 84% for 2003, of APAC’s construction
          revenues were derived directly from highway and other public sector sources,
          with the remaining 18% for 2005 and 2004, and 16% for 2003, coming from
          industrial and commercial customers and private developers.

         

        Climate
          and weather
          significantly affect revenues and margins in the construction business.
          Due to
          its location, APAC tends to enjoy a relatively long construction season.
          Most of
          APAC’s operating income is generated during the construction period of May to
          October.

         

        

          
            
              
              

            

            
              6

              
                

              

            

            
              Table
                of Contents

            

          

          
             

            Ashland
              Paving and Construction, Inc.

            and
              Subsidiaries

             

            Notes
              to Consolidated Financial Statements (continued)

             

          

        

         

        2.
          Significant
          Accounting Policies

         

        Principles
          of
          Consolidation and Basis of Presentation

         

        Ashland
          Paving And
          Construction, Inc. is a wholly-owned subsidiary of Ashland Inc. (Ashland)
          and is
          consolidated within Ashland’s financial statements.

         

        The
          consolidated financial statements include the accounts of APAC and its
          majority
          owned subsidiaries. In addition, Limpus Quarries, Inc., which is a separate
          legal entity structure and a wholly owned subsidiary of Ashland, is managed
          and
          operated by APAC employees and consolidated within APAC’s financial statements.
          Investments in joint ventures are accounted for by the equity method. All
          material inter-company transactions and balances have been
          eliminated.

         

        Use
          of Estimates,
          Risks, and Uncertainties

         

        The
          preparation of APAC’s consolidated financial statements requires management to
          make estimates and assumptions that affect the reported amounts of assets,
          liabilities, revenues, and expenses, and the disclosures of contingent
          assets
          and liabilities. Significant items that are subject to such estimates and
          assumptions include long-lived assets, employee benefit obligations, income
          taxes, reserves, environmental remediation, and income recognized under
          construction contracts. Although management bases its estimates on historical
          experience and various other assumptions that are believed to be reasonable
          under the circumstances, actual results could differ significantly from
          the
          estimates under different assumptions or conditions.

         

        APAC’s
          results are affected by domestic and international economic, political,
          legislative, regulatory and legal actions, as well as weather conditions.
          Economic conditions, such as recessionary trends, inflation, interest rates,
          and
          changes in the prices of hydrocarbon-based products, can have a significant
          effect on operations. Political actions may include changes in the policies
          of
          the Organization of Petroleum Exporting Countries or other developments
          involving or affecting oil-producing countries, including military conflicts,
          embargoes, internal instability or actions or reactions of the U.S. government
          in anticipation of, or in response to, such actions. While APAC maintains
          reserves for anticipated liabilities and carries various levels of insurance,
          APAC could be affected by civil, criminal, regulatory or administrative
          actions,
          claims or proceedings relating to environmental remediation or other matters.
          In
          addition, climate and weather can significantly affect APAC’s results of
          operations.

         

        

        
          
            
              
              

            

            
              7

              
                

              

            

            
              Table
                of Contents

            

          

        

        
           

          Ashland
            Paving and Construction, Inc.

          and
            Subsidiaries

           

          Notes
            to Consolidated Financial Statements (continued)

           

        

         

        2.
          Significant
          Accounting Policies (continued)

         

        Revenue
          Recognition

         

        APAC
          has three distinct methods of recognizing revenue for its different business
          operations in construction, materials and the Major Projects Group. Income
          related to construction contracts generally is recognized by the
          units-of-production method, which is a variation of the percentage-of-completion
          method. It reflects measurement of progress in each contract for individual
          pay
          items and/or phases of work. Change orders are included in total contract
          revenue when it is probable that the change order will result in an addition
          to
          contract value and can be estimated. Change orders occur in most of the
          company’s large projects. APAC evaluates when a change order is probable based
          upon its experience in negotiating change orders, customer’s written approval of
          such changes or other separate documentation of change order costs that
          are
          identifiable. Any anticipated losses on construction contracts are charged
          against operations as soon as such losses are determined to be probable
          and
          estimable.

         

        The
          Major Projects Group, which typically performs work on contracts with total
          revenues in excess of $50 million, recognizes revenue and earnings on the
          percentage of completion method as the ratio of costs incurred to estimated
          final costs. Revenue in an amount equal to cost incurred is recognized
          prior to
          contracts reaching 25% completion. The related profit is deferred until
          the
          period in which such percentage completion is attained because APAC management
          believes that until projects of this size reach 25% completion, there is
          insufficient information to determine what the estimated profit on the
          project
          will be within a reasonable level of assurance.

         

        Other
          revenues, including revenues from the sale of hot-mix asphalt, aggregates
          and
          ready-mix concrete to third parties, are recognized when products are shipped
          or
          services are provided to customers, the sales price is fixed and determinable,
          and collectibility is reasonably assured. Revenue from contract claims
          is
          recognized when a signed settlement agreement has been obtained and payment
          is
          assured. If a signed agreement is not obtained, revenue is recognized when
          cash
          is received.

         

        

        
          
            
              
              

            

            
              8

              
                

              

            

            
              Table
                of Contents

            

          

        

        
           

          Ashland
            Paving and Construction, Inc.

          and
            Subsidiaries

           

          Notes
            to Consolidated Financial Statements (continued)

           

        

         

        2.
          Significant
          Accounting Policies (continued)

         

        Expense
          Recognition

         

        Cost
          of sales and operating expenses include material and production costs,
          as well
          as the costs of inbound and outbound freight, purchasing and receiving,
          inspection, warehousing, internal transfers, and all other distribution
          network
          costs. Selling, general and administrative expenses include sales and marketing
          costs, advertising, research and development, customer support, environmental
          remediation and administrative costs, other than corporate charges from
          Ashland.

         

        APAC
          incurs minor costs associated with research and development and, because
          APAC’s
          products and services are generally sold without any extended warranties,
          liabilities for product warranties are insignificant. Costs for both research
          and development and product warranties generally are expensed as
          incurred.

         

        Cash
          and Cash
          Equivalents

         

        Cash
          equivalents include highly liquid investments maturing within three months
          after
          purchase. Cash generated by APAC operations is generally sent on a daily
          basis
          to APAC’s parent, Ashland, for consolidated treasury services and cash
          management.

         

        Allowance
          for
          Doubtful Accounts

         

        APAC
          records an allowance for doubtful accounts as a best estimate of the amount
          of
          probable credit losses for accounts receivable. Each month APAC reviews
          this
          allowance and considers factors such as customer credit, past transaction
          history with the customer and changes in customer payment terms when determining
          whether the collection of a receivable is reasonably assured. Past due
          balances
          over 90 days and over a specified amount are reviewed individually for
          collectibility. Receivables are charged off against the allowance for doubtful
          accounts when it is probable a receivable will not be recovered. The reserve
          recorded was $10,265 thousand as of September 30, 2005, and $9,420 thousand
          as
          of September 30, 2004.

         

        

        
          
            
              
              

            

            
              9

              
                

              

            

            
              Table
                of Contents

            

          

        

        

        
          Ashland
            Paving and Construction, Inc.

          and
            Subsidiaries

           

          Notes
            to Consolidated Financial Statements (continued)

           

           

          2.
            Significant
            Accounting Policies (continued)

        

         

        Inventories

         

        Inventories
          are carried
          and expensed at the lower of average cost or market. APAC has recorded
          a reserve
          for slow-moving inventory of $2,322 thousand at September 30, 2005, and
          $3,139
          thousand at September 30, 2004, which is classified on the balance sheets
          as a
          reduction of inventories.

         

        Goodwill
          and Other
          Intangible Assets

         

        APAC
          assesses goodwill for impairment at least annually and noted no indicators
          of
          goodwill impairment as of September 30, 2005. During 2004 and 2003, APAC
          recorded impairment charges of $2,000 thousand and $9,000 thousand,
          respectively, resulting from the preparation for and sale of its Rainbow
          ready-mix operations. Separable intangible assets that are not deemed to
          have an
          indefinite life, which are comprised of covenants not to compete, are amortized
          on a straight-line basis over a period of 5 to 10 years.

         

        Property,
          Plant
          and Equipment

         

        The
          cost of property, plant, and equipment is depreciated by the straight-line
          method over the estimated useful lives of the assets. The cost of mineral
          rights
          is depleted principally over 5 to 50 years, plants and buildings are principally
          depreciated over 5 to 30 years and machinery and equipment, including autos
          and
          trucks, are principally depreciated over 4 to 10 years. Such costs are
          periodically reviewed for recoverability when impairment indicators are
          present.
          Such indicators include, among other factors, operating losses, unused
          capacity,
          market value declines and technological obsolescence. Recorded values of
          property, plant, and equipment that are not expected to be recovered through
          undiscounted future net cash flows are written down to current fair value,
          which
          generally is determined from estimated discounted future net cash flows
          (assets
          held for use) or net realizable value (assets held for sale). APAC did
          not incur
          an impairment charge for property, plant, and equipment during fiscal years
          2005, 2004, or 2003.

         

        

        
          
            
              
              

            

            
              10

              
                

              

            

            
              Table
                of Contents

            

          

        

         

        Ashland
          Paving and Construction, Inc.

        and
          Subsidiaries

         

        Notes
          to Consolidated Financial Statements (continued)

         

         

        2.
          Significant
          Accounting Policies (continued)

        

        Derivative
          Instruments

         

        APAC
          uses commodity-based derivative instruments to manage its exposure to price
          fluctuations associated with the purchase of diesel fuel, gasoline and
          natural
          gas. All derivative instruments are recognized as either assets or liabilities
          on the balance sheet and are measured at fair value. Changes in the fair
          value
          of all derivatives are recognized immediately in income unless the derivative
          qualifies and is classified as a hedge of future cash flows. As of September
          30,
          2005, APAC did not have any derivative instruments that were classified
          as a
          hedge. Credit risks arise from the possible inability of counterparties
          to meet
          the terms of their contracts, but exposure is limited to the replacement
          value
          of the contracts. APAC further minimizes this credit risk through internal
          monitoring procedures employed by Ashland. As of September 30, 2005, APAC
          had
          assets of $6,645 thousand recorded for its diesel fuel and gasoline derivative
          fair values and recorded gains of $8,475 thousand for 2005 and $720 thousand
          for
          2004 and a loss of $363 thousand for 2003.

         

        Commitments,
          Contingencies and Environmental Costs

         

        Liabilities
          for loss
          contingencies, including environmental remediation costs not within the
          scope of
          Financial Accounting Standards Board (FASB) Statement No. 143 (FAS 143),
          Accounting
          for Asset
          Retirement Obligations, arising
          from claims,
          assessments, litigation, fines, and penalties and other sources are recorded
          when it is probable that a liability has been incurred and the amount of
          the
          assessment and/or remediation can be reasonably estimated. Environmental
          expenditures that relate to current or future revenues are expensed or
          capitalized as appropriate. Expenditures that relate to an existing condition
          caused by past operations and that do not impact future earnings are expensed.
          Liabilities for environmental remediation costs are recognized when
          environmental assessments or clean-ups are probable and the associated
          costs can
          be reasonably estimated. Generally, the timing of these provisions coincides
          with the commitment to a formal plan of action or, if earlier, the divestment
          or
          closure of the relevant sites. The amount recognized reflects management’s best
          estimate of the expenditures expected to be required. Where a liability
          is not
          to be settled for a number of years, the amount recognized is the estimated
          future expenditure on an undiscounted basis.

         

        

        
          
            
              
              

            

            
              11

              
                

              

            

            
              Table
                of Contents

            

          

        

        Ashland
          Paving and Construction, Inc.

        and
          Subsidiaries

         

        Notes
          to Consolidated Financial Statements (continued)

         

         

        2.
          Significant
          Accounting Policies (continued)

        

        Income
          Taxes

         

        APAC
          accounts for income taxes using the liability method of accounting. APAC’s
          operations are included in the consolidated federal income tax return of
          Ashland, which allocates tax charges or benefits included in its return
          on the
          basis of separate return computations. Income taxes currently payable represent
          APAC’s allocated portion. Deferred income taxes are provided for all significant
          temporary differences between income reported for financial reporting and
          income
          reported for tax purposes. For further detailed information on the components
          of
          deferred tax assets and liabilities, see Note 12.

         

        New
          Accounting
          Standards

         

        In
          March 2005, the Emerging Issues Task Force (EITF) reached a consensus on
          Issue
          04-6, Accounting
          for
          Stripping Costs Incurred During Production in the Mining Industry
(EITF
          04
          6). EITF 04-6 is effective for the first reporting period in fiscal years
          beginning after December 15, 2005 and requires that stripping costs incurred
          during the production phase of the mine be included in the costs of the
          inventory produced during the period that the stripping costs are incurred.
          APAC
          is in the process of evaluating the impact of this interpretation.

         

        In
          March 2005, the FASB issued Interpretation No. 47 (FIN 47), Accounting
          for
          Conditional Asset Retirement Obligations, an Interpretation of FASB Statement
          No. 143. This
          interpretation is
          effective for APAC no later than the end of fiscal 2006. APAC is in the
          process
          of evaluating the impact of this interpretation.

         

        In
          November 2004, the FASB issued Statement No. 151 (FAS 151), Inventory
          Costs.
FAS
          151
          amends the guidance in Accounting Research Bulletin No. 43, Chapter 4,
          Inventory
          Pricing, to
          clarify the accounting
          for abnormal amounts of idle facility expense, freight, handling costs
          and
          wasted material (spoilage). FAS 151 will be effective for APAC in fiscal
          2006
          and is expected to have an immaterial effect on APAC’s financial position,
          results of operations and cash flows.

         

        
          
            
            

          

          
            12

            
              

            

          

          
            Table
              of Contents

          

        

        Ashland
          Paving and Construction, Inc.

        and
          Subsidiaries

         

        Notes
          to Consolidated Financial Statements (continued)

         

         

        3.
          Relationship
          with Ashland Inc.

         

        APAC
          utilizes centralized functions of Ashland to support its operations, and
          in
          return, Ashland allocates certain of its expenses to APAC. Such expenses
          represent costs related, but not limited to treasury, legal, accounting,
          insurance, information technology, payroll administration, human resources
          and
          other services. These costs, together with an allocation of central Ashland
          overhead costs, are included within the corporate expenses caption of the
          Consolidated Statements of Operations. Where it is possible to specifically
          attribute such expenses to activities of APAC, these amounts have been
          charged
          or credited directly to APAC without allocation or apportionment. Allocation
          of
          all other such expenses is based on a general corporate-determined cost
          allocation percentage.

         

        APAC
          management supports the methods used in allocating expenses and believes
          these
          methods to be reasonable estimates. However, resulting expenses may not
          represent the amounts that would have been incurred had such transactions
          been
          entered into with third parties at “arm’s length.”

         

        The
          following table shows the major components of Ashland corporate charges
          incurred
          by APAC during the last three fiscal years.

         

        
          	 	 	 	
                  2005

                	 	 	
                  2004

                	 	 	
                  2003

                	 
	
                	 	
                  (In
                    Thousands) 

                
	 	 	 	 	 	 	 	 	 	 	 
	
                     
                    Information technology

                	 	
                  $

                	
                  10,477

                	 	
                  $

                	
                  9,963

                	 	
                  $

                	
                  9,490

                	 
	
                     
                    Deferred and incentive compensation

                	 	 	
                  6,132

                	 	 	
                  6,199

                	 	 	
                  2,117

                	 
	
                    
                     Human resources

                	 	 	
                  6,088

                	 	 	
                  4,658

                	 	 	
                  4,984

                	 
	
                     
                    Stock options

                	 	 	
                  1,857

                	 	 	
                  1,349

                	 	 	
                  1,468

                	 
	
                     
                    Other general and administrative

                	 	 	
                  20,949

                	 	 	
                  20,107

                	 	 	
                  21,349

                	 
	
                     
                    Total

                	 	
                  $

                	
                  45,503

                	 	
                  $

                	
                  42,276

                	 	
                  $

                	
                  39,408

                	 

        

        

        

        
          
            
            

          

          
            13

            
              

            

          

          
            Table
              of Contents

          

        

         

        
          Ashland
            Paving and Construction, Inc.

          and
            Subsidiaries

           

          Notes
            to Consolidated Financial Statements (continued)

           

           

        

        4.
          Acquisitions
          and Divestitures

         

        Acquisitions

         

        During
          fiscal 2005, APAC acquired certain assets, including two asphalt plants
          in
          Georgia, of Shepherd Construction Co., Inc., for $5,298 thousand in a series
          of
          cash transactions. Effective February 25, 2005, APAC acquired certain assets,
          including one asphalt plant in both Texas and Arkansas, of Martin Marietta
          Materials, Inc., for $5,431 thousand in cash. Effective March 16, 2005,
          APAC
          acquired certain assets, including a concrete batch plant in Missouri,
          of James
          S. Cape and Sons Company, for $1,412 thousand in cash. Effective May 19,
          2005,
          APAC acquired certain assets, including one asphalt plant in Florida, of
          J.W.
          Conner and Sons, Inc. for $5,538 thousand in cash with $1,899 thousand
          of
          goodwill recorded as a result of this acquisition. Effective July 20, 2005,
          APAC
          acquired certain assets, including one aggregate plant, of Wedowee Quarry,
          Inc.
          for $3,500 thousand in cash with $500 thousand of other intangibles recorded
          as
          a result of the acquisition.

         

        Effective
          October 7, 2002,
          APAC acquired certain assets, including an asphalt plant in North Carolina,
          of
          MAPCO, Inc. for $5,045 thousand in cash with $625 thousand of other intangibles
          recorded as a result of the acquisition.

         

        Divestitures

         

        Effective
          February 8,
          2005, APAC sold its Mississippi ready-mix operations to MMC Materials,
          Inc. for
          $2,391 thousand recognizing an after-tax gain on this sale of $351 thousand,
          net
          of $224 thousand in taxes.

         

        Effective
          January 15,
          2004, APAC sold its Carolina asphalt terminal to Colas, Inc. for $6,425
          thousand
          recognizing an after-tax gain on this sale of $970 thousand, net of $556
          thousand in taxes. Effective February 12, 2004, APAC sold the Tidewater
          branch
          of its Virginia division for $3,559 thousand with a gain on this sale of
          $93
          thousand. Effective May 11, 2004, APAC sold its Coastal Carolina ready-mix
          operations asphalt terminal for $27,680 thousand recognizing an after-tax
          gain
          on this sale of $5,591 thousand, net of $3,297 thousand in taxes. Effective
          May
          21, 2004, APAC sold its Rainbow ready-mix operations for $9,951 thousand.
          The
          gain on this sale was insignificant.

         

        
          
            
            

          

          
            14

            
              

            

          

          
            Table
              of Contents

          

        

      

       

      
        Ashland
          Paving and Construction, Inc.

        and
          Subsidiaries

         

        Notes
          to Consolidated Financial Statements (continued)

      

       

       

      4. Acquisitions and Divestitures (continued)

       

      
        Effective
          July 29, 2003,
          APAC sold its Missouri ready-mix operations for $2,127 thousand with the
          gain on
          this sale being insignificant. Effective December 20, 2002, APAC sold its
          Nashville operations to LoJack Corporation for $5,306 thousand with the
          after-tax loss on this sale of $162 thousand, net of $499 thousand in
          taxes.

         

        5.
          Inventories

         

        Inventories
          at September
          30 consisted of the following.

         

        
          	 	 	 	
                  2005

                	 	 	
                  2004

                	 
	
                   

                	 	
                  (In
                    Thousands) 

                
	 	 	 	 	 	 	 	 
	
                    
Raw
                    materials

                	 	
                  $

                	
                  53,891

                	 	
                  $

                	
                  39,738

                	 
	
                    
                    Finished goods

                	 	 	
                  24,878

                	 	 	
                  29,333

                	 
	
                    
Fuel
                    and other supplies

                	 	 	
                  7,307

                	 	 	
                  4,691

                	 
	
                    
                    Other

                	 	 	
                  1,184

                	 	 	
                  1,519

                	 
	
                    
                    Total

                	 	
                  $

                	
                  87,260

                	 	
                  $

                	
                  75,281

                	 

        

        

         

        
          
            
            

          

          
            15

            
              

            

          

          
            Table
              of Contents

          

        

         

        
          
            Ashland
              Paving and Construction, Inc.

            and
              Subsidiaries

             

            Notes
              to Consolidated Financial Statements (continued)

          

        

         

         

        6.
          Goodwill and
          Other Intangibles

         

        In
          accordance with FASB Statement No. 142 (FAS 142), Goodwill
          and Other
          Intangible Assets, APAC
          has discontinued the
          practice of amortizing goodwill and initiated an annual review for impairment.
          Impairment is to be examined more frequently if certain indicators are
          encountered.

         

        The
          following is a progression of goodwill for the fiscal years ended September
          30,
          2005 and 2004 (in thousands).

         

        
          	
                    
Balance
                    at September 30, 2003

                	
                  $      426,294

                
	
                   
Goodwill
                    assigned to sold businesses

                	
                             
                    (12,762)

                
	
                    
                    Impairment losses

                	
                               
                    (2,000)

                
	
                    
Balance
                    at September 30, 2004

                	
                            
                    411,532

                
	
                   
Goodwill
                    assigned to sold businesses

                	
                                  
                    (697)

                
	
                   
                    Acquisitions

                	
                                 
                    1,899

                
	
                    
Balance
                    at September 30, 2005

                	
                  $      412,734

                

        

        

        Intangible
          assets at
          September 30 consisted of the following (in thousands).

         

        
          	 	
                  2005

                	 	
                  2004

                
	 	
                  Gross
                    Carrying Amount

                	
                  Accumulated
                    Amortization

                	
                  Net
                    Carrying
                    Amount

                	 	
                  Gross
                    Carrying Amount

                	
                  Accumulated
                    Amortization

                	
                  Net
                    Carrying
                    Amount

                
	
                    
                    Covenants not to compete

                	
                  $   
                    5,313

                	
                  $   
                    (3,473)

                	
                  $   
                    1,840

                	 	
                  $   
                    6,987

                	
                  $   
                    (4,617)

                	
                  $   
                    2,370

                

        

        

        Amortization
          expense
          recognized on intangible assets was $906 thousand for 2005, $1,285 thousand
          for
          2004 and $1,186 thousand for 2003. As of September 30, 2005, all of APAC’s
          intangible assets that had a carrying value were being amortized. Estimated
          amortization expense for future periods is $727 thousand in 2006, $419
          thousand
          in 2007, $173 thousand in 2008, $173 thousand in 2009 and $170 thousand
          in
          2010.

        

        
          
            
            

          

          
            16

            
              

            

          

          
            Table
              of Contents

          

        

        
          
            Ashland
              Paving and Construction, Inc.

            and
              Subsidiaries

             

            Notes
              to Consolidated Financial Statements (continued)

          

        

         

         

        7.
          Unconsolidated
          Affiliates

         

        The
          investments in joint ventures, which are accounted for on the equity method
          of
          accounting, recorded on the Consolidated Balance Sheets represent APAC’s
          investment and equity in earnings, net of distributions received. The most
          significant of these investments is the 41.25% interest in 5R Constructors
          LLC
          (5R). The primary purpose of 5R was to submit bids and proposals in response
          to
          requests for bids by The City of Atlanta and perform certain capital
          improvements at Hartsfield-Jackson Atlanta International Airport. Summarized
          financial information of the amounts recorded on APAC’s financial statements for
          its equity affiliates is presented in the following table.

         

        

        
          	 	 	 	
                  2005

                	 	 	
                  2004

                	 	 	
                  2003

                	 
	
                   

                	 	
                  (In
                    Thousands) 

                
	
                    
                    Balance sheet data

                	 	 	 	 	 	 	 	 	 	 
	
                    
Current
                    assets

                	 	
                  $

                	
                  22,834

                	 	
                  $

                	
                  24,924

                	 	 	 	 
	
                    
Current
                    liabilities

                	 	 	
                  (2,104

                	
                  )

                	 	
                  (7,329

                	
                  )

                	 	 	 
	
                    
Working
                    capital

                	 	 	
                  20,730

                	 	 	
                  17,595

                	 	 	 	 
	
                    
                    Noncurrent assets

                	 	 	
                  985

                	 	 	
                  15,974

                	 	 	 	 
	
                    
                    Noncurrent liabilities

                	 	 	
                  (3,031

                	
                  )

                	 	
                  (4,343

                	
                  )

                	 	 	 
	
                    
                    Equity

                	 	
                  $

                	
                  18,684

                	 	
                  $

                	
                  29,226

                	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                    
                    Amounts recorded by APAC

                	 	 	 	 	 	 	 	 	 	 
	
                    
                    Investment in equity affiliates

                	 	 	
                  10,505

                	 	 	
                  6,529

                	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                    
                    Income data

                	 	 	 	 	 	 	 	 	 	 
	
                    
Sales
                    and operating revenues

                	 	
                  $

                	
                  18,184

                	 	
                  $

                	
                  102,631

                	 	
                  $

                	
                  90,908

                	 
	
                    
Income
                    from operations

                	 	 	
                  1,425

                	 	 	
                  23,951

                	 	 	
                  15,747

                	 
	
                    
Net
                    income

                	 	 	
                  3,458

                	 	 	
                  24,948

                	 	 	
                  15,873

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                    
                    Amounts recorded by APAC

                	 	 	 	 	 	 	 	 	 	 
	
                    
Equity
                    income

                	 	 	
                  6,156

                	 	 	
                  19,275

                	 	 	
                  9,492

                	 
	
                    
                    Distributions received

                	 	 	
                  1,931

                	 	 	
                  16,383

                	 	 	
                  -

                	 

        

        

         

        
          
            
            

          

          
            17

            
              

            

          

          
            Table
              of Contents

          

        

        
          
            Ashland
              Paving and Construction, Inc.

            and
              Subsidiaries

             

            Notes
              to Consolidated Financial Statements (continued)

          

        

         

         

        8.
          Property, Plant
          and Equipment

         

        Property,
          plant, and
          equipment at September 30 consisted of the following.

         

        
          	 	 	 	
                  2005

                	 	 	
                  2004

                	 
	
                	 	
                  (In
                    Thousands) 

                
	 	 	 	 	 	 	 	 
	
                    
                    Land

                	 	
                  $

                	
                  41,114

                	 	
                  $

                	
                  45,082

                	 
	
                    
Mineral
                    rights and land improvements

                	 	 	
                  79,386

                	 	 	
                  46,899

                	 
	
                    
Plants
                    and buildings

                	 	 	
                  598,991

                	 	 	
                  560,594

                	 
	
                    
                    Machinery and equipment

                	 	 	
                  511,864

                	 	 	
                  458,834

                	 
	
                    
Autos
                    and trucks

                	 	 	
                  204,086

                	 	 	
                  178,250

                	 
	
                    
                    Construction in progress

                	 	 	
                  8,493

                	 	 	
                  11,955

                	 
	
                    
                    Total

                	 	 	
                  1,443,934

                	 	 	
                  1,301,614

                	 
	
                    
Less
                    accumulated depreciation

                	 	 	
                  (851,966

                	
                  )

                	 	
                  (823,463

                	
                  )

                
	
                    
                    Net

                	 	
                  $

                	
                  591,968

                	 	
                  $

                	
                  478,151

                	 

        

        

        9.
          Other
          Long-Term
          Liabilities

         

        Other
          non-current liabilities at September 30 consisted of the following.

         

        
          	 	 	 	
                  2005

                	 	 	
                  2004

                	 
	
                	 	
                  (In
                    Thousands) 

                
	 	 	 	 	 	 	 	 
	
                    
                    Self-insurance reserves

                	 	
                  $

                	
                  82,525

                	 	
                  $

                	
                  72,375

                	 
	
                    
                    Other

                	 	 	
                  7,689

                	 	 	
                  8,363

                	 
	
                    
                    Total

                	 	
                  $

                	
                  90,214

                	 	
                  $

                	
                  80,738

                	 

        

        

        APAC
          partially insures its workers compensation claims and other general business
          insurance needs through Ashmont Insurance Company, Inc., which is a wholly-owned
          subsidiary of Ashland that was created for the purpose of funding Ashland’s
          insurance claims within Ashland’s corporate retention. Ashland charges its
          operating divisions (including APAC) for the costs of third-party insurance
          and
          allocates the costs of self-insured claims to the applicable operating
          division.

        
 

        
          
            
            

          

          
            18

            
              

            

          

          
            Table
              of Contents

          

        

        
          
            Ashland
              Paving and Construction, Inc.

            and
              Subsidiaries

             

            Notes
              to Consolidated Financial Statements (continued)

          

        

         

         

        10.
          Employee
          Benefit Plans

         

        Defined
          Benefit
          Plans

         

        Qualifying
          APAC employees
          participate in Ashland’s pension and other postretirement benefit plans. Ashland
          pension plans typically provide pension payments that depend on an employee’s
          length of service and earnings at, or near, retirement or have a “cash balance”
design. These plans are funded by the employer with contributions and costs
          being determined after annually assessing and receiving advice from independent
          actuaries. Ashland’s postretirement plans include healthcare and life insurance
          plans for all eligible employees. Ashland’s retiree life insurance plans are
          noncontributory, while Ashland shares the costs of providing healthcare
          coverage
          with its retired employees through premiums, deductibles and coinsurance
          provisions. Ashland funds its share of the costs of the postretirement
          benefit
          plans as the benefits are paid.

         

        Ashland
          determines pension
          and postretirement benefit costs for its plans on a consolidated basis
          and
          therefore specific information and costing relating to APAC’s assets and
          obligations take into account certain allocation assumptions. As a result,
          for
          the fiscal years ended September 30, 2005, 2004, and 2003 the Consolidated
          Statements of Operations include an allocation to APAC of the benefit costs
          for
          these plans.

         

        As
          a
          result of APAC’s participation in Ashland’s pension and postretirement plans,
          APAC has recorded net liabilities of $70,405 thousand as of September 30,
          2005,
          and $80,732 thousand as of September 30, 2004. These liabilities are included
          within the trade and other payables and employee benefit obligations captions
          of
          the Consolidated Balance Sheets. Pension and other postretirement expense
          recorded for the three fiscal years ended September 30 are as
          follows.

         

        
          	 	 	 	
                  2005

                	 	 	
                  2004

                	 	 	
                  2003

                	 
	
                	 	
                  (In
                    Thousands) 

                
	 	 	 	 	 	 	 	 	 	 	 
	
                    
Pension
                    plans

                	 	
                  $

                	
                  20,416

                	 	
                  $

                	
                  24,724

                	 	
                  $

                	
                  24,217

                	 
	
                    
                    Postretirement plans

                	 	 	
                  5,892

                	 	 	
                  4,709

                	 	 	
                  9,442

                	 
	
                    
                    Total

                	 	
                  $

                	
                  26,308

                	 	
                  $

                	
                  29,433

                	 	
                  $

                	
                  33,659

                	 

        

        

        

        
          
            
              
              

            

            
              19

              
                

              

            

            
              Table
                of Contents

            

          

        

        
          
            Ashland
              Paving and Construction, Inc.

            and
              Subsidiaries

             

            Notes
              to Consolidated Financial Statements (continued)

          

         

        10.
          Employee
          Benefit Plans (continued)

         

        Defined
          Contribution Plans

         

        Qualifying
          APAC employees
          are eligible to participate in Ashland’s qualified savings plan that assists
          employees in providing for retirement or other future needs. APAC recorded
          expense related to these defined contribution plans of $5,975 thousand,
          $5,782
          thousand, and $4,172 thousand in 2005, 2004, and 2003,
          respectively.

         

        11.
          Commitments,
          Contingencies and Litigation

         

        Operating
          Leases

         

        APAC
          and its subsidiaries are lessees of office buildings, transportation and
          off-road construction equipment, warehouses and storage facilities, and
          other
          equipment, facilities and properties under leasing agreements that expire
          at
          various dates. As of September 30, 2005, APAC did not have any capitalized
          lease
          obligations.

         

        In
          June 2005, Ashland used $61,238 thousand of proceeds from the sale of its
          38%
          interest in MAP and two other businesses to Marathon Oil Corporation (the
          MAP
          Transaction) to purchase assets, primarily construction equipment, formerly
          leased under operating leases. Future minimum rental payments were not
          affected
          by this purchase. Future minimum rental payments at September 30, 2005,
          and
          rental expense for the past three fiscal years under operating leases
          follow.

         

        
          	
                   Future
                    Minimum Rental Payments

                	
                  Rental
                    Expense

                	
                  2005

                	
                  2004

                	
                  2003

                
	 	 	
                  (In
                    Thousands)

                	 	 	 
	
                    
                    2006

                	
                  $       
                      7,923

                	
                     
                    Minimum rentals (including rentals under short-term
                    leases)

                	 	 	 
	
                    
                    2007

                	
                           
                           6,586

                	 	 	 
	
                    
                    2008

                	
                      
                                5,291

                	 	 	 
	
                    
                    2009

                	
                                
                      3,703

                	
                     
                    $      52,833

                	
                      $   
                    45,920

                	
                        
                    $   39,882

                
	
                   
                     2010

                	
                           
                           2,035

                	 	 	 	 
	
                    
                    Thereafter

                	
                      
                               
                    5,060

                	 	 	 	 
	 	
                  $      
                    30,598

                	 	 	 	 

        

        

        

        
          
            
              
              

            

            
              20

              
                

              

            

            
              Table
                of Contents

            

          

        

        
          
            
              Ashland
                Paving and Construction, Inc.

              and
                Subsidiaries

               

              Notes
                to Consolidated Financial Statements
                (continued)

            

        
          11.
            Commitments,
            Contingencies and Litigation (continued)

           

        

        Other
          Commitments

         

        During
          the normal course of business, APAC enters into purchase commitments with
          subcontractors in selected markets to perform specific services related
          to
          business operations. As of September 30, 2005, APAC had approximately $583,344
          thousand in these contract commitments with $525,010 thousand committed
          for
          services to be performed within the next year.

         

        As
          part of its materials operations business, APAC enters into various
“take-or-pay” contracts which relate to minimum royalty payments for quarry
          sites that are leased from third parties as well as contracts to purchase
          liquid
          asphalt. As of September 30, 2005, APAC had approximately $23,983 thousand
          of
          these royalty contract commitments with $16,707 thousand committed for
          materials
          to be received within the next year.

         

        Environmental
          Contingencies

         

        APAC
          is subject to various federal, state and local environmental laws and
          regulations that require environmental assessment or remediation efforts
          at
          multiple locations. APAC’s reserves for environmental contingencies amounted to
          $1,863 thousand at September 30, 2005, and $1,452 thousand at September
          30,
          2004. The total reserves for environmental contingencies reflect APAC’s
          estimates of the most likely costs that will be incurred over an extended
          period
          to remediate identified conditions for which the costs are reasonably estimable,
          without regard to any third-party recoveries. Engineering studies, probability
          techniques, historical experience and other factors are used to identify
          and
          evaluate remediation alternatives and their related costs in determining
          the
          estimated reserves for environmental contingencies.

         

        Environmental
          contingency
          reserves are subject to numerous inherent uncertainties that can affect
          APAC’s
          ability to estimate its share of the costs. Such uncertainties involve
          the
          nature and extent of contamination at each site, the extent of required
          cleanup
          efforts under existing environmental regulations, widely varying costs
          of
          alternate cleanup methods, changes in environmental regulations, the potential
          effect of continuing improvements in technology and the number and financial
          strength of other potentially responsible parties at multiparty sites.
          APAC
          regularly adjusts its reserves as environmental remediation continues.
          Environmental contingency expense amounted to $411 thousand in 2005, $448
          thousand in 2004 and $327 thousand in 2003.

         

        

        
          
            
              
              

            

            
              21

              
                

              

            

            
              Table
                of Contents

            

          

        

        
          
            
              
                Ashland
                  Paving and Construction, Inc.

                and
                  Subsidiaries

                 

                Notes
                  to Consolidated Financial Statements
                  (continued)

              

          
            11. 
              Commitments, Contingencies and Litigation (continued)

             

          

        

        No
          individual environmental location is currently material to APAC as its
          largest
          reserve is for $694 thousand related to a site in Tucson, Arizona. As a
          result,
          APAC’s exposure to adverse developments with respect to any individual site
          is
          not expected to be significant and these sites are in various stages of
          ongoing
          remediation. Although environmental contingencies could have a material
          effect
          on results of operations if a series of adverse developments occurs in
          a
          particular quarter or fiscal year, APAC believes that the chance of such
          developments occurring in the same quarter or fiscal year is
          remote.

         

        Lake
          Belt
          Third-Party Litigation

         

        APAC-Southeast,
          Inc.
          (“APAC-Southeast”), a wholly-owned subsidiary of APAC, holds one of several U.
          S. Army Corps of Engineers (the “Corps”) permits granted in 2002 allowing mining
          of construction aggregates in the Lake Belt area in Miami-Dade County,
          Florida
          (the “Permit”). Mining under the Permit is actually performed by a third party,
          which in turn pays royalties to APAC-Southeast. The Sierra Club and others
          filed
          suit to challenge the Corps’ issuance of the permits alleging that the Corps and
          other federal agencies acted capriciously, abused their discretion and
          failed to
          comply with statutory and administrative requirements when issuing the
          permits.
          Although not named as a defendant, APAC-Southeast and other permittees
          intervened in the proceedings to protect their interests.

         

        On
          March 22, 2006, the United States District Court for the Southern District
          of
          Florida ruled that permits at issue, including APAC-Southeast’s, had been
          improperly issued. The Court remanded the matter to the Corps for further
          development consistent with the Court’s specific findings. The Court retained
          jurisdiction to determine the effect, if any, upon the existing permits
          and
          ongoing mining operations. A court hearing on such potential remedies began
          on
          June 13, 2006, and is ongoing. APAC-Southeast and the other intervenors
          are
          actively defending their interests in the litigation.

         

        If
          ongoing mining operations are adversely affected, APAC-Southeast could
          be
          impacted both through the negative effect upon royalties paid for mining
          under
          its Permit, and through a general reduction or cessation of supply of aggregates
          from the Lake Belt area, which would negatively impact construction operations
          in Florida that are highly dependent upon the availability of the material,
          including APAC-Southeast’s. The proceedings are continuing and it is not
          possible to determine at this time the likely eventual outcome or what
          impact it
          will have on APAC-Southeast’s operations.

         

        

        
          
            
              
              

            

            
              22

              
                

              

            

            
              Table
                of Contents

            

          

        

        
          
            
              
                Ashland
                  Paving and Construction, Inc.

                and
                  Subsidiaries

                 

                Notes
                  to Consolidated Financial Statements
                  (continued)

              

          
            11.
              Commitments,
              Contingencies and Litigation (continued)

             

          

        

        Regulatory
          Matters

         

        The
          U.S. Department of Transportation and the U.S. Department of Justice are
          currently investigating APAC’s quality control laboratories in South Carolina,
          North Carolina, and Virginia related to North Carolina Department of
          Transportation projects. APAC continues to cooperate in the ongoing
          investigation, including the production of records and providing employees
          for
          interview. During 2005 APAC recorded a reserve of $4,000 thousand for estimated
          penalties from the government agencies.

         

        Other
          Legal
          Proceedings

         

        In
          addition to the matters described above, there are various claims, lawsuits
          and
          administrative proceedings pending or threatened against APAC and its current
          and former subsidiaries. Such actions seek remedies or damages, some of
          which
          are for substantial amounts. While these actions are being contested, their
          outcome or cost is not currently predictable.

         

        
          
            
            

          

          
            23

            
              

            

          

          
            Table
              of Contents

          

        

        
          
            
              
                Ashland
                  Paving and Construction, Inc.

                and
                  Subsidiaries

                 

                Notes
                  to Consolidated Financial Statements
                  (continued)

              

          

        

        12.
          Income
          Taxes

         

        A
          summary of the provision for income taxes follows.

         

        
          	 	 	 	
                  2005

                	 	 	
                  2004

                	 	 	
                  2003

                	 
	
                	 	
                  (In
                    Thousands) 

                
	
                    
                    Current

                	 	 	 	 	 	 	 	 	 	 
	
                   
                    Federal

                	 	
                  $

                	
                  37,926

                	 	
                  $

                	
                  9,543

                	 	
                  $

                	
                  (5,041

                	
                  )

                
	
                   
                    State

                	 	 	
                  3,957

                	 	 	
                  2,004

                	 	 	
                  (1,830

                	
                  )

                
	
                     
                    Total current income tax

                	 	 	
                  41,883

                	 	 	
                  11,547

                	 	 	
                  (6,871

                	
                  )

                
	
                     
                    Deferred

                	 	 	
                  (31,945

                	
                  )

                	 	
                  21,411

                	 	 	
                  (16,330

                	
                  )

                
	
                     
                    Total income tax

                	 	
                  $

                	
                  9,938

                	 	
                  $

                	
                  32,958

                	 	
                  $

                	
                  (23,201

                	
                  )

                

        

        

        Deferred
          income taxes are
          provided for income and expense items recognized in different years for
          tax and
          financial reporting purposes. Temporary differences that give rise to
          significant deferred tax assets and liabilities follow.

         

        
          	 	 	 	
                  2005

                	 	 	
                  2004

                	 
	
                	 	
                  (In
                    Thousands) 

                
	 	 	 	 	 	 	 	 
	
                    
                    Contract recognition

                	 	
                  $

                	
                  7,667

                	 	
                  $

                	
                  -

                	 
	
                    
                    Compensation accruals

                	 	 	
                  5,217

                	 	 	
                  4,812

                	 
	
                    
                    Uncollectible accounts receivable

                	 	 	
                  4,198

                	 	 	
                  3,029

                	 
	
                    
Pension
                    and postretirement plans

                	 	 	
                  26,831

                	 	 	
                  28,386

                	 
	
                    
                    Self-insurance reserves

                	 	 	
                  27,657

                	 	 	
                  27,199

                	 
	
                    
Other
                    items

                	 	 	
                  3,892

                	 	 	
                  7,200

                	 
	
                    
                    Valuation allowances

                	 	 	
                  (2,284

                	
                  )

                	 	
                  -

                	 
	
                    
Net
                    deferred tax assets

                	 	 	
                  73,178

                	 	 	
                  70,626

                	 
	
                    
                    Property, plant, and equipment

                	 	 	
                  81,495

                	 	 	
                  107,772

                	 
	
                    
                    Investment in partnerships

                	 	 	
                  1,347

                	 	 	
                  5,162

                	 
	
                    
                    Contract recognition

                	 	 	
                  -

                	 	 	
                  77

                	 
	
                    
Total
                    deferred tax liabilities

                	 	 	
                  82,842

                	 	 	
                  113,011

                	 
	
                    
Net
                    deferred tax liability

                	 	
                  $

                	
                  9,664

                	 	
                  $

                	
                  42,385

                	 

        

        

        

        
          
            
              
              

            

            
              24

              
                

              

            

            
              Table
                of Contents

            

          

        

        
          
            
              
                
                  Ashland
                    Paving and Construction, Inc.

                  and
                    Subsidiaries

                   

                  Notes
                    to Consolidated Financial Statements
                    (continued)

                

            

          

           

          12.
            Income
            Taxes

           

          A
            reconciliation of the statutory federal income tax with the provision
            for income
            taxes follows.

        

         

        
          	 	 	 	
                  2005

                	 	 	
                  2004

                	 	 	
                  2003

                	 
	
                	 	
                  (In
                    Thousands) 

                
	 	 	 	 	 	 	 	 	 	 	 
	
                    
Income
                    (loss) from operations before income taxes

                	 	
                  $

                	
                  29,697

                	 	
                  $

                	
                  94,396

                	 	
                  $

                	
                  (56,742

                	
                  )

                
	 	 	 	 	 	 	 	 	 	 	 
	
                    
Income
                    taxes computed at U.S. statutory rate (35%)

                	 	
                  $

                	
                  10,394

                	 	
                  $

                	
                  33,039

                	 	
                  $

                	
                  (19,860

                	
                  )

                
	
                    
                    Increase (decrease) in amount computed resulting from:

                	 	 	 	 	 	 	 	 	 	 
	
                  State
                    income
                    taxes

                	 	
                  $

                	
                  2,572

                	 	
                  $

                	
                  1,303

                	 	
                  $

                	
                  (1,190

                	
                  )

                
	
                  Resolution
                    and
                    reevaluation of prior-year contingency issues

                	 	 	
                  (1,632

                	
                  )

                	 	
                  (949

                	
                  )

                	 	
                  (390

                	
                  )

                
	
                  Excess
                    percentage
                    depletion

                	 	 	
                  (1,748

                	
                  )

                	 	
                  (1,750

                	
                  )

                	 	
                  (1,646

                	
                  )

                
	
                  Other
                    items

                	 	 	
                  352

                	 	 	
                  1,315

                	 	 	
                  (115

                	
                  )

                
	
                    
Income
                    taxes

                	 	
                  $

                	
                  9,938

                	 	
                  $

                	
                  32,958

                	 	
                  $

                	
                  (23,201

                	
                  )

                

        

         

      

    

    
      

      
        
          
            
            

          

          
            25

            
              

            

          

          
            Table
              of Contents

          

        

      

        
          	
                  Ashland
                    Paving And Construction, Inc.

                	 
	
                  and
                    Consolidated Subsidiaries

                	 
	 	 
	
                  Consolidated
                    Balance Sheets

                
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                   

                	 	 	
                  June
                    30 

                	 	
                  September
                    30

                
	
                   

                	 	 	
                  2006
                    

                	 	 	
                  2005
                    

                	 	 	
                  2004
                    

                	 
	
                   

                	 	
                  
                    (In
                      Thousands)

                  

                
	
                  Assets

                	 	 	 	 	 	 	 	 	 	 
	
                  Current
                    assets:

                	 	 	 	 	 	 	 	 	 	 
	
                      Accounts
                    receivable, net (includes billed retainage of $70,704
                    thousand

                	 	
                  $

                	
                  365,170

                	 	
                  $

                	
                  358,060

                	 	
                  $

                	
                  337,136

                	 
	
                          in
                    2006, $73,441 thousand in 2005 and $67,629 thousand in
                    2004)

                	 	 	 	 	 	 	 	 	 	 
	
                      Construction
                    in
                    progress

                	 	 	
                  133,498

                	 	 	
                  145,117

                	 	 	
                  127,567

                	 
	
                      Inventories

                	 	 	
                  106,051
                    

                	 	 	
                  87,260
                    

                	 	 	
                  75,281

                	 
	
                      Deferred
                    income
                    taxes

                	 	 	
                  17,122

                	 	 	
                  20,594
                    

                	 	 	
                  10,068
                    

                	 
	
                      Receivable
                    from
                    parent

                	 	 	
                  –
                    

                	 	 	
                  –
                    

                	 	 	
                  75,144
                    

                	 
	
                      Other
                    current assets

                	 	 	
                  31,413
                    

                	 	 	
                  18,788
                    

                	 	 	
                  15,131
                    

                	 
	
                  Total
                    current assets

                	 	 	
                  653,254
                    

                	 	 	
                  629,819
                    

                	 	 	
                  640,327
                    

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  Goodwill
                    and other intangibles

                	 	 	
                  410,496
                    

                	 	 	
                  414,574
                    

                	 	 	
                  413,902
                    

                	 
	
                  Investment
                    in equity affiliates

                	 	 	
                  7,495
                    

                	 	 	
                  10,505
                    

                	 	 	
                  6,529
                    

                	 
	
                  Other
                    noncurrent assets

                	 	 	
                  13,893
                    

                	 	 	
                  17,542
                    

                	 	 	
                  10,435
                    

                	 
	
                  Net
                    property, plant, and equipment

                	 	 	
                  579,497
                    

                	 	 	
                  591,968
                    

                	 	 	
                  478,151
                    

                	 
	
                  Total
                    assets

                	 	
                  $

                	
                  1,664,635

                	 	
                  $

                	
                  1,664,408

                	 	
                  $

                	
                  1,549,344

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  Liabilities
                    and owner's equity

                	 	 	 	 	 	 	 	 	 	 
	
                  Current
                    liabilities:

                	 	 	 	 	 	 	 	 	 	 
	
                      Trade
                    and other payables

                	 	
                  $

                	
                  289,426

                	 	
                  $

                	
                  335,957

                	 	
                  $

                	
                  288,873

                	 
	
                      Billings
                    in
                    excess of costs and estimated earnings

                	 	 	
                  64,672
                    

                	 	 	
                  65,168
                    

                	 	 	
                  45,612
                    

                	 
	
                      Income
                    taxes

                	 	 	
                  2,629
                    

                	 	 	
                  3,108
                    

                	 	 	
                  –
                    

                	 
	
                      Payable
                    to parent

                	 	 	
                  34,061
                    

                	 	 	
                  70,343
                    

                	 	 	
                  –
                    

                	 
	
                  Total
                    current liabilities

                	 	 	
                  390,788
                    

                	 	 	
                  474,576
                    

                	 	 	
                  334,485
                    

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  Employee
                    benefit obligations

                	 	 	
                  45,146
                    

                	 	 	
                  23,505
                    

                	 	 	
                  55,572
                    

                	 
	
                  Deferred
                    income taxes

                	 	 	
                  31,857
                    

                	 	 	
                  30,258
                    

                	 	 	
                  52,453
                    

                	 
	
                  Other
                    long-term liabilities

                	 	 	
                  89,955
                    

                	 	 	
                  90,214
                    

                	 	 	
                  80,738
                    

                	 
	
                  Total
                    liabilities

                	 	 	
                  166,958
                    

                	 	 	
                  618,553
                    

                	 	 	
                  523,248
                    

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  Owner's
                    equity

                	 	 	
                  1,106,889
                    

                	 	 	
                  1,045,855
                    

                	 	 	
                  1,026,096
                    

                	 
	
                  Total
                    liabilities and owner's equity

                	 	
                  $

                	
                  1,664,635

                	 	
                  $

                	
                  1,664,408

                	 	
                  $

                	
                  1,549,344

                	 
	 	 	 	 	 	 	 	 	 	 	 
	
                  See
                    accompanying notes.

                	 	 	 	 	 	 	 	 	 	 

        

         

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

         

        
          
            	
                    Ashland
                      Paving And Construction, Inc.

                  
	
                    and
                      Consolidated Subsidiaries

                  
	
                     

                  
	
                    Consolidated
                      Statements of Operations

                  
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	
                     

                  	 	
                    Nine
                      Months Ended

                  	 	 	
                    Years
                      Ended September 30

                  
	
                     

                  	 	 	
                    June
                      30, 2006 

                  	 	 	
                    2005
                      

                  	 	 	
                    2004
                      

                  	 	 	
                    2003

                  	 
	
                  	 	 	
                    (In
                      Thousands)

                  	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	
                    Sales
                      and operating revenues

                  	 	
                    $

                  	
                    2,052,955

                  	 	
                    $

                  	
                    2,539,184

                  	 	
                    $

                  	
                    2,525,300

                  	 	
                    $

                  	
                    2,400,305

                  	 
	
                    Gain
                      (loss) on disposal of assets

                  	 	 	
                    26,192
                      

                  	 	 	
                    9,116
                      

                  	 	 	
                    18,271
                      

                  	 	 	
                    (3,614

                  	
                    )

                  
	
                    Equity
                      in income of affiliates

                  	 	 	
                    912
                      

                  	 	 	
                    6,156
                      

                  	 	 	
                    19,275
                      

                  	 	 	
                    9,492
                      

                  	 
	
                    Interest
                      and other income

                  	 	 	
                    4,094
                      

                  	 	 	
                    10,778
                      

                  	 	 	
                    3,787
                      

                  	 	 	
                    3,157
                      

                  	 
	
                    Total
                      revenue

                  	 	 	
                    2,084,153
                      

                  	 	 	
                    2,565,234
                      

                  	 	 	
                    2,566,633
                      

                  	 	 	
                    2,409,340
                      

                  	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	
                    Cost
                      of sales and operating revenue

                  	 	 	
                    1,798,196
                      

                  	 	 	
                    2,278,103
                      

                  	 	 	
                    2,226,871
                      

                  	 	 	
                    2,200,897
                      

                  	 
	
                    Gross
                      profit

                  	 	 	
                    285,957
                      

                  	 	 	
                    287,131
                      

                  	 	 	
                    339,762
                      

                  	 	 	
                    208,443
                      

                  	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	
                    Selling,
                      general, and administrative expenses

                  	 	 	
                    156,795
                      

                  	 	 	
                    211,931
                      

                  	 	 	
                    203,090
                      

                  	 	 	
                    225,777
                      

                  	 
	
                    Corporate
                      expenses

                  	 	 	
                    33,722
                      

                  	 	 	
                    45,503
                      

                  	 	 	
                    42,276
                      

                  	 	 	
                    39,408
                      

                  	 
	
                    Total
                      expenses

                  	 	 	
                    190,517
                      

                  	 	 	
                    257,434
                      

                  	 	 	
                    245,366
                      

                  	 	 	
                    265,185
                      

                  	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	
                    Operating
                      income (loss) before income taxes

                  	 	 	
                    95,440
                      

                  	 	 	
                    29,697
                      

                  	 	 	
                    94,396
                      

                  	 	 	
                    (56,742

                  	
                    )

                  
	
                    Income
                      taxes (benefit)

                  	 	 	
                    34,406
                      

                  	 	 	
                    9,938
                      

                  	 	 	
                    32,958
                      

                  	 	 	
                    (23,201

                  	
                    )

                  
	
                    Net
                      income (loss)

                  	 	
                    $

                  	
                    61,034

                  	 	
                    $

                  	
                    19,759

                  	 	
                    $

                  	
                    61,438

                  	 	
                    $

                  	
                    (33,541

                  	
                    )

                  
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	
                    See
                      accompanying notes.

                  	 	 	 	 	 	 	 	 	 	 	 	 	 

          

        

         

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

         

        

          
            	
                    Ashland
                      Paving And Construction, Inc.   

                  
	
                    and
                      Consolidated Subsidiaries   

                  
	    
	
                    Consolidated
                      Statements of Owner’s Equity

                  
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                     

                  	 	 	
                    Paid-in 

                  	 	 	
                    Retained

                  	 	 	 	 
	
                     

                  	 	 	
                    Capital

                  	 	 	
                    Earnings

                  	 	 	
                    Total

                  	 
	
                     

                  	 	 	
                    (In
                      Thousands)

                  	 
	 	 	 	 	 	 	 	 	 	 	 
	
                    Balance
                      at September 30, 2002

                  	 	
                    $

                  	
                    150,761

                  	 	
                    $

                  	
                    847,438

                  	 	
                    $

                  	
                    998,199

                  	 
	
                        Net
                      loss

                  	 	 	
                    –
                      

                  	 	 	
                    (33,541

                  	
                    )

                  	 	
                    (33,541

                  	
                    )

                  
	
                    Balance
                      at September 30, 2003

                  	 	 	
                    150,761
                      

                  	 	 	
                    813,897
                      

                  	 	 	
                    964,658
                      

                  	 
	
                        Net
                      income

                  	 	 	
                    –
                      

                  	 	 	
                    61,438
                      

                  	 	 	
                    61,438
                      

                  	 
	
                    Balance
                      at September 30, 2004

                  	 	 	
                    150,761
                      

                  	 	 	
                    875,335
                      

                  	 	 	
                    1,026,096
                      

                  	 
	
                        Net
                      income

                  	 	 	
                    –
                      

                  	 	 	
                    19,759
                      

                  	 	 	
                    19,759
                      

                  	 
	
                    Balance
                      at September 30, 2005

                  	 	 	
                    150,761
                      

                  	 	 	
                    895,094
                      

                  	 	 	
                    1,045,855
                      

                  	 
	
                        Net
                      income

                  	 	 	
                    –
                      

                  	 	 	
                    61,034
                      

                  	 	 	
                    61,034
                      

                  	 
	
                    Balance
                      at June 30, 2006

                  	 	
                    $

                  	
                    150,761

                  	 	
                    $

                  	
                    956,128

                  	 	
                    $

                  	
                    1,106,889

                  	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                    See
                      accompanying notes.

                  	 	 	 	 	 	 	 	 	 	 

          

        

         

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

         

        
          
            	
                    Ashland
                      Paving And Construction, Inc.

                  
	
                    and
                      Consolidated Subsidiaries

                  
	 
	
                    Consolidated
                      Statements of Cash Flows

                  
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	
                     

                  	 	
                    Nine
                      Months Ended 

                  	 	 	
                    Years
                      Ended September 30

                  	 
	
                     

                  	 	 	
                    June
                      30, 2006 

                  	 	 	
                    2005
                      

                  	 	 	
                    2004
                      

                  	 	 	
                    2003

                  	 
	
                     

                  	 	
                    (In
                      Thousands)

                  	 
	
                    Operating
                      activities

                  	 	 	 	 	 	 	 	 	 	 	 	 	 
	
                    Net
                      income (loss)

                  	 	
                    $

                  	
                    61,034

                  	 	
                    $

                  	
                    19,759

                  	 	
                    $

                  	
                    61,438

                  	 	
                    $

                  	
                    (33,541

                  	
                    )

                  
	
                    Adjustments
                      to reconcile to cash flows from operations:

                  	 	 	 	 	 	 	 	 	 	 	 	 	 
	
                        Depreciation,
                      depletion and amortization

                  	 	 	
                    78,921
                      

                  	 	 	
                    93,624
                      

                  	 	 	
                    95,034
                      

                  	 	 	
                    108,248
                      

                  	 
	
                        (Benefit)
                      provision for deferred income taxes

                  	 	 	
                    11,919
                      

                  	 	 	
                    (31,945

                  	
                    )

                  	 	
                    21,411
                      

                  	 	 	
                    (16,330

                  	
                    )

                  
	
                        Equity
                      in income of affiliates

                  	 	 	
                    (912

                  	
                    )

                  	 	
                    (6,156

                  	
                    )

                  	 	
                    (19,275

                  	
                    )

                  	 	
                    (9,492

                  	
                    )

                  
	
                        Distributions
                      from equity affiliates

                  	 	 	
                    3,932
                      

                  	 	 	
                    1,931
                      

                  	 	 	
                    16,383
                      

                  	 	 	
                    –
                      

                  	 
	
                        (Gain)
                      loss from sale of property, plant, and equipment

                  	 	 	
                    (2,396

                  	
                    )

                  	 	
                    (8,541

                  	
                    )

                  	 	
                    (7,712

                  	
                    )

                  	 	
                    4,479
                      

                  	 
	
                        (Gain)
                      loss from sale of operations

                  	 	 	
                    (23,796

                  	
                    )

                  	 	
                    (575

                  	
                    )

                  	 	
                    (10,559

                  	
                    )

                  	 	
                    (865

                  	
                    )

                  
	
                        Change
                      in operating assets and liabilities, net of businesses
                      acquired: 

                  	 	 	 	 	 	 	 	 	 	 	 	 
	
                            (Increase)
                      in
                      accounts receivable

                  	 	 	
                    (7,110

                  	
                    )

                  	 	
                    (20,924

                  	
                    )

                  	 	
                    (7,460

                  	
                    )

                  	 	
                    (27,928

                  	
                    )

                  
	
                            (Increase)
                      decrease in construction completed and in progress

                  	 	 	
                    11,619
                      

                  	 	 	
                    (17,550

                  	
                    )

                  	 	
                    9,879
                      

                  	 	 	
                    (5,188

                  	
                    )

                  
	
                            (Increase)
                      decrease in inventories

                  	 	 	
                    (19,364

                  	
                    )

                  	 	
                    (11,979

                  	
                    )

                  	 	
                    (5,485

                  	
                    )

                  	 	
                    1,521
                      

                  	 
	
                            (Increase)
                      decrease in other current assets

                  	 	 	
                    (9,996

                  	
                    )

                  	 	
                    (3,657

                  	
                    )

                  	 	
                    (1,086

                  	
                    )

                  	 	
                    4,122
                      

                  	 
	
                            (Increase)
                      in
                      other noncurrent assets

                  	 	 	
                    3,639
                      

                  	 	 	
                    (6,207

                  	
                    )

                  	 	
                    (260

                  	
                    )

                  	 	
                    (8,911

                  	
                    )

                  
	
                            Increase
                      (decrease) in trade and other payables

                  	 	 	
                    (49,160

                  	
                    )

                  	 	
                    47,084
                      

                  	 	 	
                    (12,229

                  	
                    )

                  	 	
                    13,895
                      

                  	 
	
                            Increase
                      (decrease) in billings in excess of costs and 

                            estimated earnings

                  	 	 	
                    (496

                  	
                    )

                  	 	
                    19,556
                      

                  	 	 	
                    (10,541

                  	
                    )

                  	 	
                    (13,650

                  	
                    )

                  
	
                            Increase
                      (decrease) in income taxes

                  	 	 	
                    (480

                  	
                    )

                  	 	
                    3,108
                      

                  	 	 	
                    1,462
                      

                  	 	 	
                    (2,661

                  	
                    )

                  
	
                            (Decrease)
                      increase in noncurrent liabilities

                  	 	 	
                    31,375
                      

                  	 	 	
                    (15,876

                  	
                    )

                  	 	
                    7,001
                      

                  	 	 	
                    8,388
                      

                  	 
	
                    Net
                      cash provided by operating activities

                  	 	 	
                    88,729
                      

                  	 	 	
                    61,652
                      

                  	 	 	
                    138,001
                      

                  	 	 	
                    22,087
                      

                  	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	
                    Financing
                      activities

                  	 	 	 	 	 	 	 	 	 	 	 	 	 
	
                    Transfers
                      (to) from parent, net

                  	 	 	
                    (53,121

                  	
                    )

                  	 	
                    75,875
                      

                  	 	 	
                    (124,476

                  	
                    )

                  	 	
                    8,906
                      

                  	 
	
                    Cash
                      provided by (used in) financing activities

                  	 	 	
                    (53,121

                  	
                    )

                  	 	
                    75,875
                      

                  	 	 	
                    (124,476

                  	
                    )

                  	 	
                    8,906
                      

                  	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	
                    Investing
                      activities

                  	 	 	 	 	 	 	 	 	 	 	 	 	 
	
                    Additions
                      to property, plant, and equipment

                  	 	 	
                    (75,269

                  	
                    )

                  	 	
                    (138,428

                  	
                    )

                  	 	
                    (72,903

                  	
                    )

                  	 	
                    (46,956

                  	
                    )

                  
	
                    Proceeds
                      from sale of property, plant, and equipment

                  	 	 	
                    27,964
                      

                  	 	 	
                    19,189
                      

                  	 	 	
                    11,763
                      

                  	 	 	
                    13,575
                      

                  	 
	
                    Purchases
                      of operations, net of cash acquired

                  	 	 	
                    –
                      

                  	 	 	
                    (20,679

                  	
                    )

                  	 	
                    –
                      

                  	 	 	
                    (5,045

                  	
                    )

                  
	
                    Proceeds
                      from sale of operations

                  	 	 	
                    11,697
                      

                  	 	 	
                    2,391
                      

                  	 	 	
                    47,615
                      

                  	 	 	
                    7,433
                      

                  	 
	
                    Net
                      cash used in investing activities

                  	 	 	
                    (35,608

                  	
                    )

                  	 	
                    (137,527

                  	
                    )

                  	 	
                    (13,525

                  	
                    )

                  	 	
                    (30,993

                  	
                    )

                  
	
                    Change
                      in cash and cash equivalents

                  	 	 	
                    –
                      

                  	 	 	
                    –
                      

                  	 	 	
                    –
                      

                  	 	 	
                    –
                      

                  	 
	
                    Cash
                      and cash equivalents at beginning of year

                  	 	 	
                    –
                      

                  	 	 	
                    –
                      

                  	 	 	
                    –
                      

                  	 	 	
                    –
                      

                  	 
	
                    Cash
                      and cash equivalents at end of year

                  	 	
                    $

                  	
                    –

                  	 	
                    $

                  	
                    –

                  	 	
                    $

                  	
                    –

                  	 	
                    $

                  	
                    –

                  	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	
                    Supplemental
                      non-cash disclosure

                  	 	 	 	 	 	 	 	 	 	 	 	 	 
	
                    Addition
                      to property, plant, and equipment funded by parent

                  	 	
                    $

                  	
                    –

                  	 	
                    $

                  	
                    61,238

                  	 	
                    $

                  	
                    –

                  	 	
                    $

                  	
                    –

                  	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	
                    See
                      accompanying notes.

                  	 	 	 	 	 	 	 	 	 	 	 	 	 

          

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

    Schedule
      3.04(b):

    Indebtedness
      or Liabilities

     

    

    None.

     

     

    
      
        
        

      

      
        8

        
          

        

      

      
        Table
          of Contents

      

    

     

    Schedule
      3.05:

    Assets
      Other than Real Property Interests

     

    

    None.

     

     

    
      
        
        

      

      
        9

        
          

        

      

      
        Table
          of Contents

      

    

     

    
Schedule
      3.06(a):

    Real
      Property

     

    Owned
      Property

     

    In
      addition to the properties listed below, see attached lists of Owned and Leased
      Properties (owned properties have File Numbers beginning with “0” and leased
      properties have File Numbers beginning with “2”).

     

    
      	
              Division

            	
              Property
                Description

            
	
              Alabama

            	
              110
                West 2nd Street, Muscle Shoals, AL

            
	
              Alabama

            	
              110
                West 2nd Street, Muscle Shoals, AL

            
	
              Alabama

            	
              2450
                Atwood Ferry Road, Mulga, AL

            
	
              Alabama

            	
              3330
                Highway 20 West, Decatur, AL

            
	
              Alabama

            	
              350
                Werner Lane, Oxford, AL

            
	
              Asheville

            	
              Lake
                Lure Lot, The Mountains at Lake Lure, Young Mountains South, Lot
                60, Plat
                Book 9, Page 38

            
	
              Central
                Florida

            	
              12955
                40th Street North, Clearwater, FL 33762

            
	
              Central
                Florida

            	
              1445
                42nd Street, NW, Winter Haven, FL 33881

            
	
              Coastal
                Carolina

            	
              1574
                NC Hwy. 101, Craven County, NC (31. 69 acres)

            
	
              Coastal
                Carolina

            	
              Off
                Hwy. 70 West, Kinston, Lenoir County, NC (51.69 acres)

            
	
              Coastal
                Carolina

            	
              Hwy.
                70 West, Kinston, Lenoir County, NC (8.81 acres)

            
	
              Coastal
                Carolina

            	
              Hwy.
                11, Kinston, Lenoir County, NC (2.6 acres)

            
	
              Coastal
                Carolina

            	
              Hwy.
                11, Kinston, Lenoir County, NC (41 acres)

            
	
              Coastal
                Carolina

            	
              Off
                East New Bern Road, Kinston, Lenoir County, NC (12.67
                acres)

            
	
              Coastal
                Carolina

            	
              SR
                1401, Pitt County, NC (81.14 acres)

            
	
              Coastal
                Carolina

            	
              Ervin
                Taylor land, Bladen County, NC (13.73 acres)

            
	
              Coastal
                Carolina

            	
              Richmond
                County, NC - Tax Parcel I.D. 842503004202 (7.668 acres)

            
	
              Coastal
                Carolina

            	
              Across
                N/S Hwy. 74, Robeson County, NC (60.22 acres)

            
	
              Coastal
                Carolina

            	
              Across
                L. B. Moore Hwy. 74, Robeson County (17.26 acres)

            
	
              Coastal
                Carolina

            	
              17936
                Wagram Road, Laurinburg, Scotland County, NC (41.422
                acres)

            
	
              First
                Coast

            	
              Unloading
                Facility, Savannah, GA

            
	
              Kansas
                City

            	
              Division
                Office, Landfill, Stanley Asphalt Plant - 3 Parcels, 167th Metcalf,
                Overland Park, KS

            
	
            	
              Stanley
                West Quarry - 3 Parcels, 167th & Switzer, Johnson County,
                KS

            
	
            	
              Limpus
                Quarries, Inc., Harrisonville Quarry - 7 Parcels, 19100 E. 231st
                Street,
                Harrisonville, MO

            
	
            	
              Limpus
                Quarries, Inc., Garden City Quarry - 1 Parcel, 38800 E. 285th Street,
                Garden City, MO

            
	
              McClinton-Anchor

            	
              Avoca
                Land (57 acres)

            
	
              MacDougald
                Construction

            	
              Donzi
                Lane Landfill (closed), acquired 10/01/71

            
	
              MacDougald
                Construction

            	
              Donzi
                Lane Addition, acquired 02/01/98

            
	
              Texas
                Bitulithic

            	
              Fort
                Worth Branch Bldg., 1901 Cold Springs Road, Forth Worth, Texas
                76101

            
	
              Virginia
                Division

            	
              8747
                Vulcan Lane, Manassas, VA 20109

            
	
              Virginia
                Division

            	
              Rt.
                522 Property, Frederick County, VA - Property I.D. 87-A-80 and
                87-A-81

            

    

     

     

    
      
        
        

      

      
        10

        
          

        

      

      
        Table
          of Contents

      

    

     

     

    Leased
      Property

     

    In
      addition to the properties listed below, see attached list of Owned and Leased
      Properties (owned properties have File Numbers beginning with “0” and leased
      properties have File Numbers beginning with “2”).

     

    
      	
              1)

            	
              APAC
                as Lessee: APAC Atlanta Headquarters at 900 Ashwood Parkway, Atlanta,
                GA,
                expiration June 30, 2007.

            

    

     

    
      	
              2)

            	
              Ashland,
                Inc. Lessee: APAC Shared Services Facility at 100 Windward Plaza,
                Alpharetta, GA, expiration June 30,
                2010.

            

    

     

    
      	
              3)

            	
              Lease
                Agreement between APAC-Southeast, Inc. and Lake Ridge I Associates,
                LLC
                (Lessor) dated June 7, 2006, for the Office Building at 300 Technology
                Center, Smyrna, GA. (MacDougald and Georgia Divisions), expiration
                March
                18, 2017.

            

    

     

    
      	
              4)

            	
              Lease
                Agreement between APAC-Texas, Inc. (Lessee) and Slamback Partners
                dated
                January 1, 2001, for the Pine Street Asphalt Plant, expired December
                31, 2006, renewed through December 31, 2011. Negotiations with respect
                to
                the renewed lease remain open as to several
                points.

            

    

     

    
      	
              5)

            	
              Lease
                Agreement between APAC-Atlantic, Inc. as Lessee and ARL Family Property
                (Lessor) for the Charlotte Division Office at 725 Derita Road, Concord,
                North Carolina 28027, expiration February 7, 2010.
                (Charlotte)

            

    

     

    
      	
              6)

            	
              Option
                to Lease and Lease Agreement option dated October 8, 2002 between
                Geneva
                L. Messer (Lessor) and Wedowee Quarry, Inc., 2386 Old Hwy. 431, Wedowee,
                AL. The initial term of the lease will expire on April 1, 2013.
                APAC-Southeast, Inc. purchased Wedowee Quarry, Inc. and was assigned
                this
                lease on July 20, 2005. (Alabama)

            

    

     

    
      	
              7)

            	
              Lease
                Agreement dated June 21, 1996, between Valere Potter Menefee (Lessor)
                and
                Brickeys Stone Company (Lessee) for Brickeys Quarry, 13588 Brickeys
                Road,
                Bloomsdale, MO 63627, as amended by the First Amendment to Lease
                Agreement
                dated October 31, 1997, as amended by the Second Amendment to Lease
                Agreement dated April 15, 1998, and as further amended by the Third
                Amendment to the Lease Agreement dated August 22, 2001, between Valere
                Potter Menefee (Lessor), Brickey’s Stone, LLC (Lessee) and APAC-Tennessee,
                Inc. (Guarantor), which provides for a 45 year lease term that terminates
                on June 23, 2041. Lease as amended has been assigned by Valere Potter
                Menefee to the Menefee Family Limited Partnership. APAC-Tennessee,
                Inc.
                was a member of Brickey’s Stone, LLC, and subsequently became the sole
                member of the LLC and merged the LLC into APAC-Tennessee, Inc.
                (Memphis)

            

    

     

    
      	
              8)

            	
              Quarry
                Lease Agreement dated November 1, 1998, between Wanda Lee Ramer Living
                Trust (Lessor) and APAC-Arkansas, Inc., as amended by the Supplementary
                Agreement dated March 31, 2005, for the Hindsville Quarry located
                in
                Hindsville, Arkansas, expires at such time as it becomes commercially
                impracticable for APAC to continue mining at the site.
                (McClinton-Anchor)

            

    

     

    
      
        
        

      

      
        11

        
          

        

      

      
        Table
          of Contents

      

    

    
 

    
      	
              9)

            	
              Lease
                and Royalty Agreement dated July 29, 1982, between James Doss Sharp
                (Lessor) and APAC-Arkansas, Inc. for the Springdale Quarry, expires
                at
                such time as it becomes commercially impracticable for APAC to continue
                mining at the site.
                (McClinton-Anchor)

            

    

     

    
      	
              10)

            	
              Lease
                and Royalty Agreement dated December 20, 2000, between APAC-Arkansas,
                Inc,
                and Howard, Tara, Lindsey and Shelby Simon for portions of the Springdale
                Quarry, expires at such time as it becomes commercially impracticable
                for
                APAC to continue mining at the site.
                (McClinton-Anchor)

            

    

     

    
      	
              11)

            	
              Lease
                and Royalty Agreement dated July 21, 2006, between APAC-Tennessee,
                Inc.
                and John Henry Miller (Lessor), for land located in DeSoto County,
                Mississippi. If APAC has weighed and transported more than One Million
                One
                Hundred Thousand (1,100,000) tons of certain Material (as defined
                in the
                agreement) at the end of the initial 10 year term of this agreement,
                and
                both parties agree that there is commercially sufficient mineable
                Material
                remaining, APAC shall have the option to renew the agreement for
                5
                years.

            

    

     

    
      	
              12)

            	
              Lease
                and Royalty Agreement dated July 27, 2006, between APAC-Tennessee,
                Inc.
                and Denton Enterprises, Inc. (Lessor), for land located in DeSoto
                County,
                Mississippi. If APAC has weighed and transported more than Three
                Million
                Two Hundred Thousand (3,200,000) tons of certain Material (as defined
                in
                the agreement) at the end of the initial 10 year term of this agreement,
                and both parties agree that there is commercially sufficient mineable
                Material remaining, APAC shall have the option to renew the agreement
                for
                10 years, otherwise APAC shall have the option to renew the agreement
                for
                5 years.

            

    

     

     

    
      
        
        

      

      
        12

        
          

        

      

      
        Table
          of Contents

      

    

     

    
      

        
          	 	
                  File
                    Number 

                	
                  City

                	
                  County

                	
                  ST

                	
                  Address

                
	
                  130

                	
                  APAC
                    - AR - Arkhola Div

                	 	 	 
	
                  45

                	
                  Asphalt
                    Plant

                	 	 	 
	
                  45

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  003-007-0012

                	
                  Bentonville

                	
                  Benton

                	
                  AR

                	
                  Lot
                    91 In Bella Vista Subdivision

                
	 	
                  003-007-0058

                	
                  Rogers

                	
                  Benton

                	
                  AR

                	
                  Union
                    St.

                
	 	
                  003-033-0019

                	
                  Van
                    Buren (near)

                	
                  Crawford

                	
                  AR

                	
                  Hwy.
                    282

                
	 	
                  003-033-0020

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  Highway
                    282

                
	 	
                  003-033-0021

                	
                  Van
                    Buren (near)

                	
                  Crawford

                	
                  AR

                	
                  Hwy
                    282

                
	 	
                  003-033-0022

                	
                  Van
                    Buren (near)

                	
                  Crawford

                	
                  AR

                	
                  Hwy
                    282

                
	 	
                  003-033-0023

                	
                  Van
                    Buren (near)

                	
                  Crawford

                	
                  AR

                	
                  Hwy
                    282

                
	 	
                  003-033-0024

                	
                  Van
                    Buren (near)

                	
                  Crawford

                	
                  AR

                	
                  Hwy
                    282

                
	 	
                  003-033-0025

                	
                  Van
                    Buren (near)

                	
                  Crawford

                	
                  AR

                	
                  Hwy
                    282

                
	 	
                  003-033-0026

                	
                  Van
                    Buren (near)

                	
                  Crawford

                	
                  AR

                	
                  Highway
                    282

                
	 	
                  003-033-0027

                	
                  Van
                    Buren (near)

                	
                  Crawford

                	
                  AR

                	
                  Highway
                    282

                
	 	
                  003-033-0028

                	
                  Van
                    Buren (near)

                	
                  Crawford

                	
                  AR

                	
                  Highway
                    282

                
	 	
                  003-033-0031

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  I-40

                
	 	
                  003-033-0032

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  I-40

                
	 	
                  003-033-0033

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  1-40

                
	 	
                  003-033-0036

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  Sand
                    Plant (Arkansas Plant)

                
	 	
                  003-033-0037

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  I-40
                    Access Road

                
	 	
                  003-033-0038

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  County
                    Road

                
	 	
                  003-033-0040

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  Van
                    Buren, APAC Property

                
	 	
                  003-033-0041

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  S.W.
                    St. To River

                
	 	
                  003-033-0042

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  Van
                    Buren, APAC Property

                
	 	
                  003-033-0043

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  Van
                    Buren, APAC Property

                
	 	
                  003-033-0044

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  Van
                    Buren. APAC Property

                
	 	
                  003-033-0045

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  N
                    & W Of I-Highway 540

                
	 	
                  003-033-0046

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  Van
                    Buren, APAC Property

                
	 	
                  003-033-0047

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  Van
                    Buren, APAC Property

                
	 	
                  003-033-0048

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  Van
                    Buren, APAC Property

                
	 	
                  003-033-0049

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  Van
                    Buren, APAC Property

                
	 	
                  003-033-0050

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  Van
                    Buren, APAC Property

                
	 	
                  003-033-0051

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  Van
                    Buren, APAC Property

                
	 	
                  003-033-0052

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  Van
                    Buren, APAC Property

                
	 	
                  003-033-0053

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  Van
                    Buren, APAC Property

                
	 	
                  003-033-0054

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  Van
                    Buren, APAC Property

                
	 	
                  003-033-0055

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  Van
                    Buren, APAC Property

                
	 	
                  003-033-0056

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  Van
                    Buren, APAC Property

                
	 	
                  003-033-0057

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  Van
                    Buren. APAC Property

                
	 	
                  003-033-0059

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  Van
                    Buren, APAC Property

                

        

         

         

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

       

       

      

        
          	 	File
                  Number	City
                   	County 	ST 	Address 
	 	
                  003-113-0002

                	
                  Hatton

                	
                  Polk

                	
                  AR

                	
                  (60)
                    Quarry

                
	 	
                  003-113-0003

                	
                  Hatton

                	
                  Polk

                	
                  AR

                	
                  (60)
                    Quarry

                
	 	
                  042-113-0080

                	
                  Cedar
                    Hill

                	
                  Dallas

                	
                  TX
                    

                	
                  1109
                    Industrial Way

                
	
                  1

                	
                  Tenant
                    Lease

                	 	 	 	 
	
                  1

                	
                  Lease
                    Information

                	 	 	 
	 	
                  242-439-0191

                	
                  Dallas

                	
                  Tarrant

                	
                  TX

                	
                  Risinger
                    Rd.

                
	
                  1

                	
                  Vacant
                    Land 

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  042-257-0259

                	
                  Terrill

                	
                  Kaufman

                	
                  TX

                	
                  7-497
                    Acres

                
	 	 	 	 	 
	
                  5

                	
                  APAC
                    - TX Trotti-Thompson Div

                	 	 	 
	
                  2

                	
                  Asphalt
                    Plant

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  042-361-0262

                	
                  Unknown

                	
                  Orange

                	
                  TX

                	
                  20+/-
                    Acres, Highway 10

                
	
                  1

                	
                  Lease
                    Information

                	 	 	 
	 	
                  242-245-0108

                	
                  Beaumont

                	
                  Jefferson

                	
                  TX

                	
                  86
                    Pine Street

                
	
                  2

                	
                  Office

                	 	 	 	 
	
                  2

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  042-245-0155

                	
                  Beaumont

                	
                  Jefferson

                	
                  TX

                	
                  12907
                    U. S. Highway 90

                
	 	
                  042-245-0264

                	
                  Beaumont

                	
                  Jefferson

                	
                  TX

                	
                  12963
                    Highway 90 (near Pine Island)

                
	
                  1

                	
                  Surplus
                    Property

                	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  042-245-0067

                	
                  Beaumont

                	
                  Jefferson

                	
                  TX

                	
                  Washington
                    Blvd And 1-10

                
	 	 	 	 	 
	
                  5

                	
                  APAC
                    - VA - Danville Div

                	 	 	 
	
                  5

                	
                  Asphalt
                    Plant

                	 	 	 
	
                  5

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  045-143-0018

                	
                  Danville

                	
                  Pittsylvania

                	
                  VA

                	
                  239
                    Eastwood Drive

                
	 	
                  045-143-0019

                	
                  Danville

                	
                  Pittsylvania

                	
                  VA

                	
                  239
                    Eastwood Drive

                
	 	
                  045-143-0020

                	
                  Danville

                	
                  Pittsylvania

                	
                  VA

                	
                  239
                    Eastwood Drive

                
	 	
                  045-143-0022

                	
                  Danville

                	
                  Pittsylvania

                	
                  VA

                	
                  239
                    Eastwood Drive

                
	 	
                  045-143-0024

                	
                  Danville

                	
                  Pittsylvania

                	
                  VA

                	
                  239
                    Eastwood Drive

                
	 	
                  003-037-0104

                	
                  Birdeye

                	
                  Cross

                	
                  AR

                	
                  N/A

                
	 	
                  041-157-0068

                	
                  Memphis

                	
                  Shelby

                	
                  TN

                	
                  Harbor
                    Avenue

                
	
                  9

                	
                  APAC
                    - TX - Buster Paving Division

                	 	 
	
                  2

                	
                  Asphalt
                    Plant

                	 	 	 
	
                  2

                	
                  Lease
                    Information

                	 	 	 
	 	
                  203-091-0051

                	
                  Texarkana

                	
                  Miller

                	
                  AR

                	
                  3205
                    Division Street

                
	 	
                  242-037-0196

                	
                  Unknown

                	
                  Bowie

                	
                  TX

                	
                  0.777
                    Acres

                

        

      

       

       

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

       

      
        

          
            	 	 File
                    Number 	 City	 County	 ST	 Address
	
                    1

                  	
                    Office

                  	 	 	 
	
                    1

                  	
                    Fee
                      Property Information

                  	 	 	 
	 	
                    042-223-0241

                  	
                    Sulphur
                      Springs

                  	
                    Hopkins

                  	
                    TX

                  	
                    3520
                      I-30 West

                  
	
                    1

                  	
                    Ready-Mix
                      Plant

                  	 	 	 
	
                    1

                  	
                    Fee
                      Property Information

                  	 	 	 
	 	
                    042-231-0244

                  	
                    Unknown

                  	
                    Hunt

                  	
                    TX

                  	
                    State
                      Hwy #224

                  
	
                    1

                  	
                    Sand/Gravel
                      Pit

                  	 	 	 
	
                    1

                  	
                    Fee
                      Property Information

                  	 	 	 
	 	
                    042-231-0243

                  	
                    Unknown

                  	
                    Hunt

                  	
                    TX

                  	
                    South
                      Hwy 69

                  
	
                    4

                  	
                    Vacant
                      Land

                  	 	 	 
	
                    4

                  	
                    Fee
                      Property Information

                  	 	 	 
	 	
                    042-113-0239

                  	
                    Sunnyvale

                  	
                    Dallas

                  	
                    TX

                  	
                    E.
                      Scyene Road

                  
	 	
                    042-277-0246

                  	
                    Paris

                  	
                    Lamar

                  	
                    TX

                  	
                    Loop
                      Hwy 286

                  
	 	
                    042-277-0248

                  	
                    Paris

                  	
                    Lamar

                  	
                    TX

                  	
                    Loop
                      Hwy 286

                  
	 	
                    042-277-0263

                  	
                    Paris

                  	
                    Lamar

                  	
                    TX

                  	
                    2810
                      Northwest Loop 286

                  
	
                    14

                  	
                    APAC
                      - TX - Texas Bitulithic Div

                  	 	 	 
	
                    1

                  	
                    Office

                  	 	 	 
	
                    1

                  	
                    Fee

                      Property Information

                  	 	 	 
	 	
                    042-113-0006

                  	
                    Dallas

                  	
                    Dallas

                  	
                    TX

                  	
                    2121
                      Irving Blvd.

                  
	
                    9

                  	
                    Asphalt
                      Plant

                  	 	 	 
	
                    9

                  	
                    Fee
                      Property Information

                  	 	 
	 	
                    042-085-0235

                  	
                    Frisco

                  	
                    Collin

                  	
                    TX

                  	
                    State
                      Highway No. 121

                  
	 	
                    042-085-0247

                  	
                    Frisco

                  	
                    Collin

                  	
                    TX

                  	
                    .189
                      Acre Tract

                  
	 	
                    042-113-0003

                  	
                    Dallas

                  	
                    Dallas

                  	
                    TX

                  	
                    Leston
                      Street (4525 Leston Ave.)

                  
	 	
                    042-113-0004

                  	
                    Dallas

                  	
                    Dallas

                  	
                    TX

                  	
                    Leston
                      Street (4525 Leston Ave.)

                  
	 	
                    042-113-0005

                  	
                    Dallas

                  	
                    Dallas

                  	
                    TX

                  	
                    Leston
                      Street (4525 Leston Ave.)

                  
	 	
                    042-113-0261

                  	
                    Sunnyvale

                  	
                    Dallas

                  	
                    TX

                  	
                    4601
                      Scyene Road

                  
	 	
                    042-251-0240

                  	
                    Cleburne

                  	
                    Johnson

                  	
                    TX

                  	
                    3024
                      North Main Street

                  
	 	
                    042-439-0130

                  	
                    Fort
                      Worth

                  	
                    Tarrant

                  	
                    TX

                  	
                    1901
                      Cold Springs

                  
	 	
                    042-439-0234

                  	
                    Fort
                      Worth

                  	
                    'Tarrant

                  	
                    TX

                  	
                    Risinger
                      Road

                  
	 	
                    Office

                  	 	 	 
	 1	
                    Fee
                      Property Information

                  	 	 	 
	 1	
                    042-113-0007

                  	
                    Dallas

                  	
                    Dallas

                  	
                    TX

                  	
                    2121
                      Irving Blvd.

                  
	 1	
                    Storage

                  	 	 	 
	 1	
                    Fee
                      Property Information

                  	 	 	 
	 	
                    032-113-0142

                  	
                    Franklin

                  	
                    Macon

                  	
                    NC

                  	
                    Lots
                      27 & 28, Block B, Belmont Estates Louisa Chapel
                      Road

                  
	 	
                    032-113-0166

                  	
                    Franklin

                  	
                    Macon

                  	
                    NC 

                  	
                    Lot
                      29, Block B, Belmont Estates 49 Wadesboro
                      Circle

                  

          

        

      

       

       

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

       

       

      

        
          	 	File
                  Number 	City 	County 	ST 	Address 
	 	
                  032-113-0167

                	
                  Franklin

                	
                  Macon

                	
                  NC

                	
                  Lot
                    23, Block C, Belmont Estates (Wadesboro Circle)

                
	 	
                  032-113-0199

                	
                  Franklin

                	
                  Macon

                	
                  NC

                	
                  144
                    Wadesboro Circle (Lot 19C, Belmont Estates)

                
	
                  4

                	
                  Sand/Gravel
                    Pit

                	 	 	 	 
	
                  4

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  032-043-0108

                	
                  Hayesville

                	
                  Clay-

                	
                  NC

                	
                  Rock
                    Pit

                
	 	
                  032-043-0109

                	
                  Hayesville

                	
                  Clay

                	
                  NC

                	
                  4.11
                    Ac. (Near Beach Rd.)

                
	 	
                  032-043-0112

                	
                  Hayesville

                	
                  Clay

                	
                  NC

                	
                  24.77
                    Acres; Mcdonald Road

                
	 	
                  032-043-0117

                	
                  Hayesville

                	
                  Clay

                	
                  NC

                	
                  172+
                    Acres; Corner Of Lovell And Wikle

                
	
                  2

                	
                  Shop

                	 	 	 	 
	
                  2

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  041-009-0042

                	
                  Maryville

                	
                  Blount

                	
                  TN

                	
                  Mt.
                    Tabor Rd.

                
	 	
                  041-009-0043

                	
                  Maryville

                	
                  Blount

                	
                  TN

                	
                  Mt.
                    Tabor Rd.

                
	
                  7

                	
                  Vacant
                    Land

                	 	 	 	 
	
                  7

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  032-099-0168

                	
                  Dillsboro

                	
                  Jackson

                	
                  NC

                	
                  APPROX.
                    2.33 ACRES

                
	 	
                  032-113-0202

                	
                  Franklin

                	
                  Macon

                	
                  NC

                	
                  225
                    Wadesboro Circle, Lots 15 & 37, Block C, Belmont
                    Estates

                
	 	
                  032-113-0212

                	
                  Franklin
                    Township

                	
                  Macon

                	
                  NC

                	
                  Lot
                    25, Block C - Belmont Estates

                
	 	
                  032-113-0214

                	
                  Franklin
                    Township

                	
                  Macon

                	
                  NC

                	
                  Lots
                    4, 5, & 16, Block C, Belmont Estates

                
	 	
                  032-113-0221

                	
                  Franklin
                    Township

                	
                  Macon

                	
                  NC

                	
                  Lot
                    25, Block B, Belmont Estates

                
	 	
                  041-093-0071

                	
                  Knoxville

                	
                  Knox

                	
                  TN

                	
                  Maplehill
                    Road

                
	 	
                  041-093-0072

                	
                  Knoxville

                	
                  Knox

                	
                  TN

                	
                  1205
                    Springhill Road 

                
	
                  8

                	
                  APAC
                    - TN - Memphis Div

                	 	 	 
	
                  2

                	
                  Asphalt
                    Plant

                	 	 	 	 
	
                  2

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  003-035-0001

                	
                  West
                    Memphis

                	
                  Crittenden

                	
                  AR

                	
                  Walker
                    Ave.

                
	 	
                  003-095-0123

                	
                  Unknown

                	
                  Monroe

                	
                  AR

                	
                  Approx.
                    25 Acres

                
	
                  1

                	
                  Office

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  041-157-0056

                	
                  Memphis

                	
                  Shelby

                	
                  TN

                	
                  Harbor
                    Avenue

                
	
                  1

                	
                  Plant

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  041-157-0056

                	
                  Memphis

                	
                  Shelby

                	
                  TN

                	
                  Harbor
                    Avenue

                
	
                  1

                	
                  Plant
                    Site

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  003-035-0081

                	
                  Memphis

                	
                  Crittenden

                	
                  AR

                	
                  Adjacent
                    to Walker Ave.

                
	
                  3

                	
                  Vacant
                    Land

                	 	 	 	 

        

      

       

       

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

       

       

      

        
          	 	File
                  Number 	City 	County 	ST 	Address 
	
                  3

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  003-035-0068

                	
                  Memphis

                	
                  Crittenden

                	
                  AR

                	
                  East
                    Of Mississippi River

                
	 	
                  041-009-0070

                	
                  Alcoa

                	
                  Blount

                	
                  TN

                	
                  Gill
                    Street and Rankin Road

                
	
                  16

                	
                  Quarry

                	 	 	 	 
	
                  14

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  032-039-0139

                	
                  Murphy

                	
                  Cherokee

                	
                  NC

                	
                  221.40
                    acres, plus 8.38 acres

                
	 	
                  032-039-0205

                	
                  Murphy

                	
                  Cherokee

                	
                  NC

                	
                  Approximately
                    40.16 Acres

                
	 	
                  032-087-0132

                	
                  Waynesville
                    Township

                	
                  Haywood

                	
                  NC

                	
                  Big
                    Cove and Allens Creek Road

                
	 	
                  032-087-0140

                	
                  Waynesville
                    Township

                	
                  Haywood

                	
                  NC

                	
                  Near
                    Allens Creek Road

                
	 	
                  032-087-0141

                	
                  Waynesville
                    Township

                	
                  Haywood

                	
                  NC

                	
                  2191
                    Allens Creek Road

                
	 	
                  032-087-0145

                	
                  Waynesville

                	
                  Haywood

                	
                  NC

                	
                  Peace
                    Mountain Road

                
	 	
                  032-087-0146

                	
                  Waynesville

                	
                  Haywood

                	
                  NC

                	
                  Allen's
                    Creek Road

                
	 	
                  032-087-0147

                	
                  Waynesville

                	
                  Haywood

                	
                  NC

                	
                  Approximately
                    2.549 acres

                
	 	
                  032-087-0173

                	
                  Waynesville

                	
                  Haywood

                	
                  NC

                	
                  Property
                    located off Marietta Lane

                
	 	
                  032-087-0217

                	
                  Waynesville
                    Township

                	
                  Haywood

                	
                  NC

                	
                  103
                    Big Cove Road

                
	 	
                  032-099-0104

                	
                  Dillsboro

                	
                  Jackson

                	
                  NC

                	
                  101.40
                    Ac. - Vacant - Quarry

                
	 	
                  032-099-0195

                	
                  Dillsboro

                	
                  Jackson

                	
                  NC

                	
                  Macktown
                    Road (Lot 1, approx. 0.83 acre)

                
	 	
                  032-099-0196

                	
                  Dillsboro

                	
                  Jackson

                	
                  NC

                	
                  Macktown
                    Road (Lot 2, Approx. 2.57 Acres)

                
	 	
                  032-113-0204

                	
                  Franklin

                	
                  Macon

                	
                  NC

                	
                  Lot
                    17, Belmont Estates, Block C (Wadesboro Circle)

                
	
                  2

                	
                  Lease
                    Information

                	 	 	 
	 	
                  232-087-0050

                	
                  Waynesville
                    Township

                	
                  Haywood

                	
                  NC

                	
                  Two
                    Tracts Of Land

                
	 	
                  232-087-0051

                	
                  Waynesville
                    Township

                	
                  Haywood

                	
                  NC

                	
                  Three
                    Tracts Of Land

                
	
                  16

                	
                  Quarry/Asphalt
                    Plant

                	 	 	 
	
                  16

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  032-113-0029

                	
                  Franklin

                	
                  Macon

                	
                  NC

                	
                  Waldroop
                    Old Mill Dam Road (Rock Quarry Road)

                
	 	
                  032-113-0107

                	
                  Franklin

                	
                  Macon

                	
                  NC

                	
                  Lot
                    31, Block B, Belmont Estates (Wadesboro Circle)

                
	 	
                  032-113-0118

                	
                  Franklin

                	
                  Macon

                	
                  NC

                	
                  4.75
                    Acre Tract (Louisa Chapel Rd)

                
	 	
                  032-113-0121

                	
                  Franklin

                	
                  Macon

                	
                  NC

                	
                  Lot
                    13 and 14, Block C, Belmont Estates (Wadesboro Circle)

                
	 	
                  032-113-0122

                	
                  Franklin

                	
                  Macon

                	
                  NC

                	
                  Lot
                    33, Block B, Belmont Estates (Wadesboro
                    Circle)

                

        

      

       

       

       

      
        
          
          

        

        
          5

          
            

          

        

        
          
          

        

      

       

       

      

        
          	 	File
                  Number 	City 	County 	ST 	Address 
	 	
                  032-113-0123

                	
                  Franklin

                	
                  Macon

                	
                  NC

                	
                  Lot
                    32, Block B, Belmont Estates (Wadesboro Circle)

                
	 	
                  032-113-0124

                	
                  Franklin

                	
                  Macon

                	
                  NC

                	
                  Lot
                    30, Block B, Belmont Estates (Louisa Chapel Road)

                
	 	
                  032-113-0125

                	
                  Franklin

                	
                  Macon

                	
                  NC

                	
                  Lot
                    34, Block B, Belmont Estates (Wadesboro Circle)

                
	 	
                  032-113-0126

                	
                  Franklin

                	
                  Macon

                	
                  NC

                	
                  Lot
                    35, Block B, Belmont Estates (Wadesboro Circle)

                
	 	
                  032-113-0127

                	
                  Franklin

                	
                  Macon

                	
                  NC

                	
                  Lot
                    36, Block B, Belmont Estates (Wadesboro Circle)

                
	 	
                  032-113-0133

                	
                  Franklin

                	
                  Macon

                	
                  NC

                	
                  Approximately
                    114 +/- acres

                
	 	
                  032-113-0134

                	
                  Franklin

                	
                  Macon

                	
                  NC

                	
                  U.S.
                    64 West

                
	 	
                  009-021-0013

                	
                  Near
                    Naples

                	
                  Collier

                	
                  FL

                	
                  Quarry

                
	 	
                  009-115-0123

                	
                  Sarasota

                	
                  Sarasota

                	
                  FL

                	
                  Myrtle
                    Ave

                
	
                  2

                	
                  Lease
                    Information

                	 	 	 
	 	
                  209-057-0099

                	
                  Tampa

                	
                  Hillsborough

                	
                  FL

                	
                  Approximately
                    4.69 acres

                
	 	
                  209-071-0110

                	
                  Fort
                    Meyers

                	
                  Lee

                	
                  FL

                	
                  14299
                    Alico Road

                
	
                  1

                	
                  Construction

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  009-025-0274

                	
                  Miami

                	
                  Dade

                	
                  FL

                	
                  Section
                    16, Township 53 South, Range 39 East

                
	
                  1

                	
                  Office
                    And Shop

                	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  009-115-0100

                	
                  Sarasota

                	
                  Sarasota

                	
                  FL

                	
                  1451
                    Myrtle Street

                
	
                  4

                	
                  Quarry

                	 	 	 	 
	
                  4

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  009-025-0270

                	
                  Miami

                	
                  Dade

                	
                  FL

                	
                  Approx.
                    70 Acres Quarry

                
	 	
                  009-025-0272

                	
                  Miami

                	
                  Dade

                	
                  FL

                	
                  Appr.
                    303 acre Quarry

                
	 	
                  009-025-0284

                	
                  Miami

                	
                  Dade

                	
                  FL

                	
                  Approx.
                    32.48 acre Quarry

                
	 	
                  009-115-0189

                	
                  Venice

                	
                  Sarasota

                	
                  FL

                	
                  Gene
                    Green Road

                
	
                  1

                	
                  Sand/Gravel
                    Pit

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  009-115-0191

                	
                  Venice

                	
                  Sarasota

                	
                  FL

                	
                  Gene
                    Green Road

                
	
                  1

                	
                  Shop

                	 	 	 	 
	
                  1

                	
                  Lease
                    Information

                	 	 	 
	 	
                  209-025-0109

                	
                  Miami

                	
                  Dade

                	
                  FL

                	
                  8000
                    N.W. 74th Street

                
	
                  56

                	
                  APAC
                    - TN - Harrison Div

                	 	 	 
	
                  7

                	
                  Asphalt
                    Plant

                	 	 	 	 
	
                  7

                	
                  Fee
                    Property information

                	 	 	 
	 	
                  032-099-0094

                	
                  Dillsboro

                	
                  Jackson

                	
                  NC

                	
                  Locust
                    Field Cemetery

                
	 	
                  032-099-0099

                	
                  Dillsboro

                	
                  Jackson

                	
                  NC

                	
                  (Mobile
                    Asphalt Plant)

                

        

      

       

       

       

      
        
          
          

        

        
          6

          
            

          

        

        
          
          

        

      

       

       

      

        
          	 	File
                  Number 	City 	County 	ST 	Address 
	 	
                  032-099-0114

                	
                  Dillsboro

                	
                  Jackson

                	
                  NC

                	
                  1.0
                    Acre

                
	 	
                  032-099-0201

                	
                  Sylva
                    (Dillsboro)

                	
                  Jackson

                	
                  NC

                	
                  121
                    Tunnel Mountain Road

                
	 	
                  041-093-0004

                	
                  Knoxville

                	
                  Knox

                	
                  TN

                	
                  Springhill
                    Road

                
	 	
                  041-163-0041

                	
                  Kingsport

                	
                  Sullivan

                	
                  TN

                	
                  Anderson
                    Bridge Rd.

                
	 	
                  041-177-0030

                	
                  Nashville
                    District

                	
                  Warren

                	
                  TN

                	
                  Hwy
                    #56 &Hwy #8

                
	
                  1

                	
                  Concrete
                    Plant

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  041-105-0067

                	
                  1st
                    Civil District

                	
                  Loudon

                	
                  TN

                	
                  Matlock
                    Bend Industrial Park

                
	
                  2

                	
                  Office

                	 	 	 	 
	
                  2

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  041-009-0027

                	
                  Alcoa

                	
                  Blount

                	
                  TN

                	
                  Gill
                    St.

                
	 	
                  041-009-0028

                	
                  Alcoa

                	
                  Blount

                	
                  TN

                	
                  Block
                    200--Bassel Sub Div.

                
	
                  1

                	
                  Parking
                    Lot

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  009-113-0222

                	
                  Milton

                	
                  Santa
                    Rosa

                	
                  FL

                	
                  Lots
                    22 and Lot 205 (aka 5983 Commerce Road)

                
	
                  2

                	
                  Tenant
                    Lease

                	 	 	 	 
	
                  2

                	
                  Lease
                    Information

                	 	 	 
	 	
                  201-013-0029

                	
                  Greenville

                	
                  Butler

                	
                  AL

                	
                  U.S.
                    Highway 31 N.

                
	 	
                  209-033-0108

                	
                  Pensacola

                	
                  Escambia

                	
                  FL

                	
                  McCoy
                    Drive

                
	
                  11

                	
                  Vacant
                    Land

                	 	 	 	 
	
                  11

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  001-005-0035

                	
                  Clayton

                	
                  Barbour

                	
                  AL

                	
                  Highway
                    30

                
	 	
                  001-039-0048

                	
                  Andalusia

                	
                  Covington

                	
                  AL

                	
                  13519
                    APAC Road

                
	 	
                  001-069-0036

                	
                  Dothan

                	
                  Houston

                	
                  AL

                	
                  Wilson
                    Street and N. Lena Street

                
	 	
                  001-069-0037

                	
                  Dothan

                	
                  Houston

                	
                  AL

                	
                  Mashburn
                    Street

                
	 	
                  001-069-0040

                	
                  Dothan

                	
                  Houston

                	
                  AL

                	
                  Wilson
                    and Leona Street

                
	 	
                  001-069-0042

                	
                  Dothan

                	
                  Houston

                	
                  AL

                	
                  Mashburn
                    Road

                
	 	
                  001-069-0043

                	
                  Dothan

                	
                  Houston

                	
                  AL

                	
                  381
                    Twitchell Road

                
	 	
                  001-069-0056

                	
                  Dothan

                	
                  Houston

                	
                  AL

                	
                  381
                    Twitchell Road

                
	 	
                  009-059-0226

                	
                  Unknown

                	
                  Holmes

                	
                  FL

                	
                  U.S.
                    Highway 90

                
	 	
                  009-113-0224

                	
                  Milton

                	
                  Santa
                    Rosa

                	
                  FL

                	
                  Billy
                    Bob Lane

                
	 	
                  009-131-0229

                	
                  Unknown

                	
                  Walton

                	
                  FL

                	
                  23
                    acres

                
	
                  11

                	
                  APAC
                    - Southeast. Inc. - MacDougald

                  Const

                	 	 
	
                  1

                	
                  Asphalt
                    Plant

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  010-215-0049

                	
                  Fortson

                	
                  Muscogee

                	
                  GA

                	
                  2930
                    Smith Road

                
	
                  7

                	
                  Landfill

                	 	 	 	 
	
                  7

                	
                  Fee
                    Property Information

                	 	 	 

        

      

       

       

       

      
        
          
          

        

        
          7

          
            

          

        

        
          
          

        

      

       

       

      

        
          	 	File 	City 	County 	ST 	Address 
	 	
                  010-089-0055

                	
                  Atlanta

                	
                  De
                    Kalb

                	
                  GA

                	
                  Intrenchment
                    Creek

                
	 	
                  010-089-0065

                	
                  Decatur

                	
                  De
                    Kalb

                	
                  GA

                	
                  Donzi
                    Lane Landfill

                
	 	
                  010-088-0066

                	
                  Decatur

                	
                  De
                    Kalb

                	
                  GA

                	
                  Donzi
                    Lane Landfill

                
	 	
                        010-089-0067

                	
                  Decatur

                	
                  De
                    Kalb

                	
                  GA

                	
                  Donzi
                    Lane Landfill; Lot 113 Of 15Th District

                
	 	
                  010-089-0069

                	
                  Decatur

                	
                  De
                    Kalb

                	
                  GA

                	
                  Donzi
                    Lane Landfill; 15Th District

                
	 	
                  010-089-0073

                	
                  Decatur

                	
                  De
                    Kalb

                	
                  GA

                	
                  Donzi
                    Lane Landfill; Land Lot #113; 45.50 Acres

                
	 	
                  010-089-0091

                	
                  Decatur

                	
                  De
                    Kalb

                	
                  GA

                	
                  Donzi
                    Lane Landfill; Lot #112, 15th District

                
	
                  2

                	
                  Office

                	 	 	 	 
	
                  2

                	
                  Lease
                    Information

                	 	 	 
	 	
                  210-067-0066

                	
                  Smyrna

                	
                  Cobb

                	
                  GA

                	
                  Tract
                    B, Port Cobb Drive

                
	 	
                  210-067-0067

                	
                  Smyrna

                	
                  Cobb

                	
                  GA

                	
                  Lake
                    Ridge Technology Center 300 Technology Court

                
	 	
                  Surplus
                    Property

                	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	1	
                  010-121-0058

                	
                  Atlanta

                	
                  Fulton

                	
                  GA

                	
                  Harwell
                    Rd & I-285

                
	
                  12

                	
                  APAC
                    - Southeast, Inc. - Southern FL

                	 	 	 
	
                  4

                	
                  Asphalt
                    Plant

                	 	 	 	 
	
                  2

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  009-033-0206

                	
                  Pensacola

                	
                  Escambia

                	
                  FL

                	
                  2170
                    Longleaf Drive

                
	1	
                  Concrete
                    Plant

                	 	 	 
	1	
                  Fee
                    Property Information

                	 	 	 
	 	
                  001-069-0065

                	
                  Dothan

                	
                  Houston

                	
                  AL

                	
                  Speigner
                    Street & Twitchell Road

                
	 	
                  Lab

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property information

                	 	 	 
	 	
                  001-069-0041

                	
                  Dothan

                	
                  Houston

                	
                  AL

                	
                  1121
                    Twitchell Road

                
	
                  1

                	
                  Office

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                        001-069-0039

                	
                  Dothan

                	
                  Houston

                	
                  AL

                	
                  Mashburn
                    Street

                
	
                  7

                	
                  Plant
                    Site

                	 	 	 	 
	
                  7

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  001-013-0067

                	
                  Greenville

                	
                  Butler

                	
                  AL

                	
                  US
                    Hwy. 31 North

                
	 	
                  001-109-0033

                	
                  N/A

                	
                  Pike

                	
                  AL

                	
                  Paron
                    Church Road

                
	 	
                  001-109-0034

                	
                  N/A

                	
                  Pike

                	
                  AL

                	
                  Paron
                    Church Road

                
	 	
                  009-091-0223

                	
                  Crestview

                	
                  Okaloosa

                	
                  FL

                	
                  Little
                    Silver Road

                
	 	
                  009-091-0227

                	
                  Crestview

                	
                  Okaloosa

                	
                  FL

                	
                  Little
                    Silver Road

                
	 	
                  009-091-0244

                	
                  Crestview

                	
                  Okaloosa

                	
                  FL

                	
                  Little
                    Silver Road

                
	 	
                  009-091-0245

                	
                  Crestview

                	
                  Okaloosa

                	
                  FL

                	
                  Little
                    Silver Road

                
	
                  1

                	
                  Ready-Mix
                    Plant

                	 	 	 

        

      

       

       

       

      
        
          
          

        

        
          8

          
            

          

        

        
          
          

        

      

       

       

      

        
          	 	File Number 	City	County 	ST 	Address 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  001-069-0039

                	
                  Dothan

                	
                  Houston

                	
                  AL

                	
                  Mashburn
                    Street

                
	
                  10

                	
                  Sand/Gravel
                    Pit

                	 	 	 	 
	
                  10

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  001-039-0049

                	
                  Unknown

                	
                  Covington

                	
                  AL

                	
                  33
                    acres

                
	 	
                  001-045-0047

                	
                  Unknown

                	
                  Dale

                	
                  AL

                	
                  27.8
                    acres

                
	 	
                  001-069-0030

                	
                  N/A

                	
                  Houston

                	
                  AL

                	
                  Sanders
                    Pit Road Section 5; Township 3North Range 24 East

                
	 	
                  00l-069-0031

                	
                  N/A

                	
                  Houston

                	
                  AL

                	
                  Borrow
                    Plant; 19.519 acres

                
	 	
                  001-069-0046

                	
                  Unknown

                	
                  Houston

                	
                  AL

                	
                  106.20
                    acres

                
	 	
                  001-069-0057

                	
                  Dothan

                	
                  Houston

                	
                  AL

                	
                  "Reese
                    Pit" Green Valley Road

                
	 	
                  001-069-0058

                	
                  Dothan

                	
                  Houston

                	
                  AL

                	
                  "Reese
                    Pit" Green Valley Road

                
	 	
                  001-069-0059

                	
                  Dothan

                	
                  Houston

                	
                  AL

                	
                  "Reese
                    Pit" Green Valley Road

                
	 	
                  001-069-0073

                	
                  Troy

                	
                  Pike

                	
                  AL

                	
                  Pike
                    County Road No. 98 (aka Paron Church Rd.)

                
	 	
                  009-131-0231

                	
                  Unknown

                	
                  Walton

                	
                  FL

                	
                  State
                    Highway 81 (East of)

                
	
                  1

                	
                  Shop

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  001-069-0039

                	
                  Dothan

                	
                  Houston

                	
                  AL

                	
                  Mashburn
                    Street

                
	
                  3

                	
                  Surplus
                    Property

                	 	 	 
	
                  3

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  001-067-0044

                	
                  Unknown

                	
                  Henry

                	
                  AL

                	
                  County
                    Hwy 32

                
	 	
                  001-069-0050

                	
                  Ashford
                    (Pansey)

                	
                  Houston

                	
                  AL

                	
                  Houston
                    County Road No. 26

                
	
                  1

                	
                  Warehouse

                	 	 	 	 
	
                  1

                	
                  Lease
                    Information

                	 	 	 
	 	
                  209-031-0106

                	
                  Jacksonville

                	
                  Duval

                	
                  FL

                	
                  11482
                    Columbia Park Drive West, Suite 003

                
	
                  69

                	
                  APAC
                    - Southeast. Inc. - Gulf Coast

                	 	 	 
	
                  2

                	
                  Asphalt
                    Plant

                	 	 	 	 
	
                  2

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  001-005-0045

                	
                  Eufaula

                	
                  Barbour

                	
                  AL

                	
                  Alabama
                    Hwy 95 and U.S. Hwy 431

                
	 	
                  001-013-0060

                	
                  Greenville

                	
                  Butler

                	
                  AL

                	
                  Industrial
                    Parkway

                
	
                  20

                	
                  Clay
                    Pit

                	 	 	 	 
	
                  20

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  009-033-0198

                	
                  Pensacola

                	
                  Escambia

                	
                  FL

                	
                  5700
                    Sautley Field Road

                
	 	
                  009-033-0199

                	
                  Pensacola

                	
                  Escambia

                	
                  FL

                	
                  5700
                    Sautley Field Road

                
	 	
                  009-033-0202

                	
                  Pensacola

                	
                  Escambia

                	
                  FL

                	
                  4375
                    McCoy Drive

                
	 	
                  009-033-0204

                	
                  Pensacola

                	
                  Escambia

                	
                  FL

                	
                  Godwin
                    Lane

                
	 	
                  009-033-0214

                	
                  Pensacola

                	
                  Escambia

                	
                  FL

                	
                  Hollywood
                    Boulevard

                
	 	
                  009-033-0249

                	
                  Brent

                	
                  Escambia

                	
                  FL

                	
                  Massachusetts
                    Avenue

                

        

      

       

       

       

      
        
          
          

        

        
          9

          
            

          

        

        
          
          

        

      

       

       

      

        
          	 	
                  File
                    Number

                	City 	County 	ST 	Address 
	 	
                  009-033-0250

                	
                  Brent

                	
                  Escambia

                	
                  FL

                	
                  Massachusetts
                    Avenue

                
	 	
                  009-033-0251

                	
                  Brent

                	
                  Escambia

                	
                  FL

                	
                  St.
                    Elmo Street

                
	 	
                  009-033-0252

                	
                  Brent

                	
                  Escambia

                	
                  FL

                	
                  St.
                    Elmo Street

                
	 	
                  009-033-0253

                	
                  Brent

                	
                  Escambia

                	
                  FL

                	
                  St.
                    Elmo Street

                
	 	
                  009-033-0255

                	
                  Pensacola

                	
                  Escambia

                	
                  FL

                	
                  Ferry
                    Pass Road

                
	 	
                  009-033-0256

                	
                  Pensacola

                	
                  Escambia

                	
                  FL

                	
                  Ferry
                    Pass Road

                
	 	
                  009-033-0257

                	
                  Pensacola

                	
                  Escambia

                	
                  FL

                	
                  Ferry
                    Pass Road

                
	 	
                  009-033-0258

                	
                  Pensacola

                	
                  Escambia

                	
                  FL

                	
                  State
                    Highway 291

                
	 	
                  009-033-0259

                	
                  Pensacola

                	
                  Escambia

                	
                  FL

                	
                  State
                    Highway 291

                
	 	
                  009-033-0260

                	
                  Pensacola

                	
                  Escambia

                	
                  FL

                	
                  State
                    Highway 291

                
	 	
                  009-033-0261

                	
                  Pensacola

                	
                  Escambia

                	
                  FL

                	
                  State
                    Route 291

                
	 	
                  009-113-0212

                	
                  Unknown

                	
                  Santa
                    Rosa

                	
                  FL

                	
                  St.
                    James Street and Lakeside Drive

                
	 	
                  009-113-0213

                	
                  Pea
                    Ridge

                	
                  Santa
                    Rosa

                	
                  FL

                	
                  Bell
                    Lane

                
	 	
                  009-113-0248

                	
                  Milton

                	
                  Santa
                    Rosa

                	
                  FL

                	
                  Lowery
                    Road

                
	
                  5

                	
                  Clay
                    Pit/Plant

                	 	 	 	 
	
                  5

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  009-113-0207

                	
                  Holley

                	
                  Santa
                    Rosa

                	
                  FL

                	
                  Near
                    River Road

                
	 	
                  009-113-0208

                	
                  Holley

                	
                  Santa
                    Rosa

                	
                  FL

                	
                  Near
                    River Road

                
	 	
                  009-113-0209

                	
                  Unknown

                	
                  Santa
                    Rosa

                	
                  FL

                	
                  Mt.
                    Carmel Road

                
	 	
                  009-113-0211

                	
                  Navarre

                	
                  Santa
                    Rosa

                	
                  FL

                	
                  Near
                    Highway 87

                
	 	
                  009-131-0210

                	
                  Unknown

                	
                  Walton

                	
                  FL

                	
                  769
                    Laird Road

                
	
                  4

                	
                  Clay
                    Pit/Plant/Office

                	 	 	 
	
                  4

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  009-033-0200

                	
                  Pensacola

                	
                  Escambia

                	
                  FL

                	
                  4375
                    McCoy Drive

                
	 	
                  009-033-0201

                	
                  Pensacola

                	
                  Escambia

                	
                  FL

                	
                  4375
                    McCoy Drive

                
	 	
                  009-033-0205

                	
                  Pensacola

                	
                  Escambia

                	
                  FL

                	
                  2170
                    Longleaf Drive

                
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  009-101-0236

                	
                  Odessa

                	
                  Pasco

                	
                  FL

                	
                  2315
                    Marathon Road

                
	
                  2

                	
                  Plant
                    Site

                	 	 	 	 
	
                  2

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  009-055-0196

                	
                  Avon
                    Park

                	
                  Highlands

                	
                  FL

                	
                  310
                    East 7th Street

                
	 	
                  009-057-0220

                	
                  Tampa

                	
                  Hillsborough

                	
                  FL

                	
                  Hanna
                    Road at Harney Road

                
	 	
                  Tenant
                    Lease

                	 	 	 	 
	
                  1

                	
                  Lease
                    Information

                	 	 	 
	 	
                  209-009-0029

                	
                  Melbourne

                	
                  Brevard

                	
                  FL

                	
                  U.S.
                    Rt. 1 North - Concrete Plant

                
	
                  3

                	
                  Vacant
                    Land

                	 	 	 	 
	
                  3

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  009-055-0197

                	
                  Avon
                    Park

                	
                  Highlands

                	
                  FL

                	
                  15550
                    South Highlands Avenue

                
	 	
                  009-057-0247

                	
                  Tampa

                	
                  Hillsborough

                	
                  FL

                	
                  Hanna
                    Road (extension of )

                
	 	
                  009-101-0239

                	
                  Odessa

                	
                  Pasco

                	
                  FL

                	
                  Prospect
                    Road

                

        

      

       

       

       

      
        
          
          

        

        
          10

          
            

          

        

        
          
          

        

      

       

       

      

        
          	 	
                  File
                    Number

                	City 	County 	ST 	Address 
	
                  16

                	
                  APAC
                    - Southeast, Inc. - First Coast

                	 	 	 
	
                  7

                	
                  Asphalt
                    Plant

                	 	 	 	 
	
                  7

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  009-007-0217

                	
                  Starke

                	
                  Bradford

                	
                  FL

                	
                  12
                    acres

                
	 	
                  009-031-0216

                	
                  Jacksonville

                	
                  Duval

                	
                  FL

                	
                  10420
                    New Berlin Rd.

                
	 	
                  009-031-0276

                	
                  Jacksonville

                	
                  Duval

                	
                  FL

                	
                  6699
                    Colray Court

                
	 	
                  009-109-0215

                	
                  St.
                    Augustine

                	
                  St
                    Johns

                	
                  FL

                	
                  481
                    State Route 207

                
	 	
                  010-051-0028

                	
                  Garden
                    City

                	
                  Chatham

                	
                  GA

                	
                  Telfair
                    Rd. And Telfair Place

                
	 	
                  039-053-0029

                	
                  Hardeeville

                	
                  Jasper

                	
                  SC

                	
                  Hardeeville
                    Industrial Park

                
	 	
                  039-073-0030

                	
                  Hardeeville

                	
                  Jasper

                	
                  SC

                	
                  Hardeeville
                    Industrial Park

                
	
                  1

                	
                  Lab

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property information

                	 	 	 
	 	
                  009-031-0273

                	
                  Jacksonville

                	
                  Duval

                	
                  FL

                	
                  6602
                    Colray Court

                
	
                  1

                	
                  Office

                	 	 	 	 
	
                  1

                	
                  Lease
                    Information

                	 	 	 
	 	
                  209-001-0105

                	
                  Gainsville

                	
                  Alachua

                	
                  FL

                	
                  2512
                    NW 1st Blvd., Suite 200 & 300

                
	
                  1

                	
                  Plant

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  010-051-0081

                	
                  Savannah

                	
                  Chatham

                	
                  GA

                	
                  7.11
                    acres

                
	
                  2

                	
                  Surplus-Hold

                	 	 	 	 
	
                  2

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  009-023-0237

                	
                  Lake
                    City

                	
                  Columbia

                	
                  FL

                	
                  Moore
                    Road

                
	 	
                  009-023-0238

                	
                  Lake
                    City

                	
                  Columbia

                	
                  FL

                	
                  Moore
                    Road

                
	
                  3

                	
                  Vacant
                    Land

                	 	 	 	 
	
                  3

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  009-079-0240

                	
                  Greenville

                	
                  Madison

                	
                  FL

                	
                  State
                    Road 55 (US 221)

                
	 	
                  009-079-0241

                	
                  Greenville

                	
                  Madison

                	
                  FL

                	
                  State
                    Road 55 (U.S.221)

                
	 	
                  010-051-0082

                	
                  Savannah

                	
                  Chatham

                	
                  GA

                	
                  U.S.
                    Highway 17

                
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  010-113-0086

                	
                  Tyrone

                	
                  Fayette

                	
                  GA

                	
                  218
                    Rockwood Road

                
	
                  2

                	
                  Office
                    And Asphalt Plant

                	 	 	 
	
                  2

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  010-059-0084

                	
                  Athens

                	
                  Clarke

                	
                  GA

                	
                  1675
                    Winterville Road and Hancock Road

                
	 	
                  010-059-0092

                	
                  Athens

                	
                  Clarke

                	
                  GA

                	
                  1675
                    Winterville Road & Hancock Road

                
	
                  2

                	
                  Vacant
                    Land

                	 	 	 	 
	
                  2

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  010-059-0090

                	
                  Athens

                	
                  Clarke

                	
                  GA

                	
                  Spring
                    Valley Rd. and Hancock Rd.

                
	 	
                  010-139-0087

                	
                  Gainesville

                	
                  Hall

                	
                  GA

                	
                  Roy
                    Parks Road

                

        

      

       

       

       

      
        
          
          

        

        
          11

          
            

          

        

        
          
          

        

      

       

       

      

        
          	 	
                  File
                    Number

                	City 	County 	ST 	Address 
	
                  1

                	
                  APAC
                    - Southeast, Inc. - Ballenger Div

                	 	 	 
	
                  1

                	
                  Plant
                    Site

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  039-045-0028

                	
                  Greenville

                	
                  Greenville

                	
                  SC

                	
                  900
                    West Lee Road

                
	
                  28

                	
                  APAC
                    - Southeast, Inc. - Central FLA

                	 	 	 
	
                  18

                	
                  Asphalt
                    Plant

                	 	 	 	 
	
                  18

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  009-009-0051

                	
                  Melbourne

                	
                  Brevard

                	
                  FL

                	
                  6210
                    North US Highway 1

                
	 	
                  009-009-0052

                	
                  Melbourne

                	
                  Brevard

                	
                  FL

                	
                  6210
                    North US Highway 1

                
	 	
                  009-009-0053

                	
                  Melbourne

                	
                  Brevard

                	
                  FL

                	
                  6210
                    North US Highway 1

                
	 	
                  009-009-0054

                	
                  Melbourne

                	
                  Brevard

                	
                  FL

                	
                  6210
                    North US Highway 1

                
	 	
                  009-009-0055

                	
                  Melbourne

                	
                  Brevard

                	
                  FL

                	
                  6210
                    North US Highway 1

                
	 	
                  009-009-0056

                	
                  Melbourne

                	
                  Brevard

                	
                  FL

                	
                  6210
                    North US Highway 1

                
	 	
                  009-009-0156

                	
                  Cocoa

                	
                  Brevard

                	
                  FL

                	
                  5815
                    Industrial Drive

                
	 	
                  009-055-0079

                	
                  Near
                    Avon Park

                	
                  Highlands

                	
                  FL

                	
                  Asphalt
                    Plant Site (A.C.L.R.R.)

                
	 	
                  009-055-0186

                	
                  Avon
                    Park

                	
                  Highlands

                	
                  FL

                	
                  1491
                    S. Carolina Avenue

                
	 	
                  009-055-0187

                	
                  Avon
                    Park

                	
                  Highlands

                	
                  FL

                	
                  1550
                    South Highlands Avenue

                
	 	
                  009-057-0242

                	
                  Tampa

                	
                  Hillsborough

                	
                  FL

                	
                  Hanna
                    Road at Harney Road

                
	 	
                  009-097-0145

                	
                  Kissimmee

                	
                  Osceola

                	
                  FL

                	
                  733
                    G. Duncan Ave.

                
	 	
                  009-105-0018

                	
                  Bartow

                	
                  Polk

                	
                  FL

                	
                  Asphalt
                    Plant (Near) Bartow

                
	 	
                  009-105-0019

                	
                  Near
                    Bartow

                	
                  Polk

                	
                  FL

                	
                  Sand
                    Pit Near Bartow

                
	 	
                  009-105-0020

                	
                  Near
                    Bartow

                	
                  Polk

                	
                  FL

                	
                  Sand
                    Pit Near Bartow

                
	 	
                  009-105-0021

                	
                  Near
                    Bartow

                	
                  Polk

                	
                  FL

                	
                  Polk
                    County Road

                
	 	
                  009-105-0022

                	
                  Near
                    Lakeland

                	
                  Polk

                	
                  FL

                	
                  Berkley
                    Road

                
	 	
                  009-117-0038

                	
                  N.
                    Orlando

                	
                  Seminole

                	
                  FL

                	
                  St.
                    Rt. 419 Sanford-Oviedo Hwy

                
	
                  3

                	
                  Office

                	 	 	 	 
	
                  2

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  009-101-0235

                	
                  Lutz

                	
                  Pasco

                	
                  FL

                	
                  4636
                    Scarborough Drive

                
	 	
                  009-101-0275

                	
                  Lutz

                	
                  Pasco

                	
                  FL

                	
                  Scarborough
                    Drive

                
	
                  1

                	
                  Lease
                    Information

                	 	 	 
	 	
                  209-095-0111

                	
                  Orlando

                	
                  Orange

                	
                  FL

                	
                  3504
                    Lake Lynda Dr., Suite 170

                
	
                  1

                	
                  Plant

                	 	 	 	 
	
                  5

                	
                  Asphalt
                    Plant

                	 	 	 	 
	
                  5

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  001-015-0014

                	
                  Oxford

                	
                  Calhoun

                	
                  AL

                	
                  2335
                    Highway 21 South

                
	 	
                  001-015-0025

                	
                  Anniston

                	
                  Calhoun

                	
                  AL

                	
                  28
                    Acres; Us Highway 78; Asphalt Plant28 Acres; Us Highway 78; Asphalt
                    Plant

                
	 	
                  001-101-0019

                	
                  Montgomery

                	
                  Montgomery

                	
                  AL

                	
                  4238
                    Western Blvd.

                
	 	
                  001-121-0078

                	
                  Childersburg

                	
                  Talladega

                	
                  AL

                	
                  2751
                    Desoto Caverns Parkway

                

        

      

       

       

       

      
        
          
          

        

        
          12

          
            

          

        

        
          
          

        

      

       

       

      

        
          	 	
                  File
                    Number

                	City 	County 	ST 	Address 
	 	
                  001-125-0028

                	
                  Vance

                	
                  Tuscaloosa

                	
                  AL

                	
                  Dudley
                    Road

                
	
                  1

                	
                  Asphalt
                    Terminal

                	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  001-073-0016

                	
                  Birmingham

                	
                  Jefferson

                	
                  AL

                	
                  Birmingport
                    Road

                
	
                  4

                	
                  Office

                	 	 	 	 
	
                  3

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  001-033-0032

                	
                  Sheffield

                	
                  Colbert

                	
                  AL

                	
                  Lots
                    3-6; part of Lot 7; Lot 11; Lots 16-21

                
	 	
                  001-033-0071

                	
                  Sheffield

                	
                  Colbert

                	
                  AL

                	
                  Block
                    2, Lot 2 (except the west 6.5 feet) and Lots 3,4,5 &
                    6)

                
	 	
                  001-073-0011

                	
                  Birmingham

                	
                  Jefferson

                	
                  AL

                	
                  700
                    37th Street South

                
	
                  1 

                	
                  Lease
                    Information

                	 	 	 
	 	
                  201-073-0028

                	
                  Birmingham

                	
                  Jefferson

                	
                  AL

                	
                  716
                    37th St.

                
	
                  1

                	
                  Office
                    And Shop

                	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  001-089-0022

                	
                  Huntsville

                	
                  Madison

                	
                  AL

                	
                  3242
                    Leeman Ferry Road

                
	
                  2

                	
                  Plant

                	 	 	 	 
	
                  2

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  001-101-0023

                	
                  Montgomery

                	
                  Montgomery

                	
                  AL

                	
                  Wares
                    Ferry Road

                
	 	
                  001-101-0026

                	
                  Montgomery

                	
                  Montgomery

                	
                  AL

                	
                  Wares
                    Ferry Road

                
	
                  1

                	
                  Right
                    Of Way

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  001-121-0027

                	
                  Childersburg

                	
                  Talladega

                	
                  AL

                	
                  108
                    Second Street, NW

                
	
                  1

                	
                  Shop

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  001-073-0018

                	
                  Birmingham
                    (Tarrant)

                	
                  Jefferson

                	
                  AL

                	
                  750
                    Clow Road

                
	
                  1

                	
                  Vacant
                    Land

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  001-089-0074

                	
                  Huntsville

                	
                  Madison

                	
                  .~L

                	
                  Vermont
                    Road

                
	
                  7

                	
                  APAC
                    - Southeast. Inc. - APAC GA

                	 	 	 
	
                  2

                	
                  Asphalt
                    Plant

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  010-245-0027

                	
                  Augusta

                	
                  Richmond

                	
                  GA

                	
                  APAC
                    Industrial Way (former address - Murray Road)

                
	
                  1

                	
                  Lease
                    Information

                	 	 	 
	 	
                  210-139-0068

                	
                  Gainesville

                	
                  Hall

                	
                  GA

                	
                  2944
                    Candler Highway

                
	
                  1

                	
                  Office

                	 	 	 	 
	 	
                  035-035-0044

                	
                  Vinita

                	
                  Craig

                	
                  OK

                	
                  Unknown

                
	 	
                  035-035-0045

                	
                  Vinita

                	
                  Craig

                	
                  OK

                	
                  Unknown

                
	 	
                  035-143-0024

                	
                  Tulsa

                	
                  Tulsa

                	
                  OK

                	
                  East
                    Quarry

                

        

      

       

       

       

      
        
          
          

        

        
          13

          
            

          

        

        
          
          

        

      

       

       

      

        
          	 	File
                  Number 	City 	County 	ST 	Address 
	 	
                  035-143-0028

                	
                  Tulsa

                	
                  Tulsa

                	
                  OK

                	
                  N/A

                
	 	
                  035-143-0033

                	
                  Tulsa

                	
                  Tulsa

                	
                  OK

                	
                  3110
                    N. 133 PI. E. Langley Addition

                
	 	
                  035-143-0034

                	
                  Tulsa

                	
                  Tulsa

                	
                  OK

                	
                  36th
                    and Apache Langley Addition

                
	 	
                  035-143-0036

                	
                  Tulsa

                	
                  Tulsa

                	
                  OK

                	
                  13438
                    E. 32nd St. North Langley Addition

                
	 	
                  035-143-0039

                	
                  Tulsa

                	
                  Tulsa

                	
                  OK

                	
                  Approximately
                    15.95 acres

                
	 	
                  035-143-0040

                	
                  Tulsa

                	
                  Tulsa

                	
                  OK

                	
                  Lots
                    9 and l0, Block 1, Langley Addition

                
	 	
                  035-143-0048

                	
                  Tulsa

                	
                  Tulsa

                	
                  OK

                	
                  S
                    58.24 ft. of the W 1/2 NW 1/4 NW1/4 of SEC 21, TWP 20N, Range
                    14
                    E

                
	 	
                  035-143-0049

                	
                  Tulsa

                	
                  Tulsa

                	
                  OK

                	
                  3345
                    N. 129th E. Avenue

                
	 	
                  035-143-0051

                	
                  Tulsa

                	
                  Tulsa

                	
                  OK

                	
                  3227
                    N. 129th E. Avenue Langley Addition

                
	 	
                  035-143-0052

                	
                  Tulsa

                	
                  Tulsa

                	
                  OK

                	
                  The
                    NW/4 of the SW/ 4 and the W/2 of the NE/4 of the SW/4 of the
                    S21/T20N/R14E
                    of

                
	 	
                  035-143-0054

                	
                  Tulsa

                	
                  Tulsa

                	
                  OK

                	
                  13322
                    East 32nd St. North

                
	 	
                  035-143-0055

                	
                  Tulsa

                	
                  Tulsa

                	
                  OK

                	
                  13418
                    E. 32nd St. North Langley Addition

                
	 	
                  035-143-0056

                	
                  Tulsa

                	
                  Tulsa

                	
                  OK

                	
                  13021
                    E. 32nd St. North Langley Addition

                
	 	
                  035-143-0057

                	
                  Tulsa

                	
                  Tulsa

                	
                  OK

                	
                  3201
                    North 129th East Avenue Langley

                  Addition

                
	 	
                  03,5-143-0058

                	
                  Tulsa

                	
                  Tulsa

                	
                  OK

                	
                  13011
                    East 32nd Street North Langley Addition

                
	 	
                  035-143-0060

                	
                  Tulsa

                	
                  Tulsa

                	
                  OK

                	
                  13118
                    East 32nd Street North; Langley Addition

                
	 	
                  035-143-0061

                	
                  Tulsa

                	
                  Tulsa

                	
                  OK

                	
                  2925
                    N. 129th E. Ave.

                
	 	
                  035-143-0062

                	
                  Tulsa

                	
                  Tulsa

                	
                  OK

                	
                  38th
                    Street North

                
	 	
                  035-143-0063

                	
                  Tulsa

                	
                  Tulsa

                	
                  OK

                	
                  Lot
                    9, Block 2, Langley Addition

                
	 	
                  035-143-0064

                	
                  Tulsa

                	
                  Tulsa

                	
                  OK

                	
                  Lot
                    10, Block 2, Langley Addition

                
	 	
                  035-143-0065

                	
                  Tulsa

                	
                  Tulsa

                	
                  OK

                	
                  Lots
                    11 and 12, Block 2, Langley Addition

                
	
                  1

                	
                  Surplus
                    Property

                	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  035-065-0037

                	
                  Altus

                	
                  Jackson

                	
                  OK

                	
                  10
                    acres

                
	
                  3

                	
                  Tenant
                    Lease

                	 	 	 	 
	
                  3

                	
                  Lease
                    Information

                	 	 	 
	 	
                  235-143-0025

                	
                  Tulsa

                	
                  Tulsa

                	
                  OK

                	
                  3345
                    N. 129th Ave.

                
	 	
                  235-143-0030

                	
                  Tulsa

                	
                  Tulsa

                	
                  OK

                	
                  3201
                    North 129th East Avenue

                
	 	
                  235-143-0031

                	
                  Tulsa

                	
                  Tulsa

                	
                  OK

                	
                  Lot
                    9, Block 2, Langley Addition

                
	
                  1

                	
                  Warehouse

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 

        

      

       

       

       

      
        
          
          

        

        
          14

          
            

          

        

        
          
          

        

      

       

       

      

        
          	 	
                  File
                    Number

                	City 	County 	ST 	Adderss 
	 	
                  035-143-0012

                	
                  Tulsa

                	
                  Tulsa

                	
                  OK

                	
                  East
                    36th Street

                
	
                  1

                	
                  APAC
                    OK - Rainbow Division

                	 	 	 
	
                  1

                	
                  Tenant
                    Lease

                	 	 	 	 
	
                  1

                	
                  Lease
                    information

                	 	 
	 	
                  235-035-0032

                	
                  Vinita

                	
                  Craig

                	
                  OK

                	
                  8.8
                    acres. Vinita Rock Site

                
	
                  16

                	
                  APAC
                    - Southeast, Inc. - Alabama Division

                	 	 
	
                  2

                	
                  Lease
                    Information

                	 	 	 
	 	
                  223-049-0069

                	
                  Jackson

                	
                  Hinds

                	
                  MS

                	
                  5725
                    Highway 18

                
	 	
                  223-049-0078

                	
                  Jackson

                	
                  Hinds

                	
                  MS

                	
                  5727
                    Highway 18 West

                
	
                  2

                	
                  Plant
                    Site

                	 	 	 	 
	
                  2

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  023-105-0060

                	
                  Unknown

                	
                  Oktibbeha

                	
                  MS

                	
                  36.1
                    +/- Acres

                
	 	
                  023-151-0042

                	
                  Greenville

                	
                  Washington

                	
                  MS

                	
                  Industrial
                    Road; 15.385 Acres

                
	
                  2

                	
                  Quarry

                	 	 	 	 
	
                  2

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  023-087-0009

                	
                  Columbus

                	
                  Lowndes

                	
                  MS

                	
                  Huddlestone
                    Ford Road (West of APAC's Office)

                
	 	
                  023-087-0017

                	
                  Columbus

                	
                  Lowndes

                	
                  MS

                	
                  Luxapalila
                    Creek (Behind APAC's Office)

                
	
                  1

                	
                  Sand/Gravel
                    Pit

                	 	 	 	 
	
                  1

                	
                  Lease
                    Information

                	 	 	 
	
                  1

                	
                  223-015-0081

                	
                  Cruger

                	
                  Carroll

                	
                  MS

                	
                  near
                    Cruger

                
	
                  1

                	
                  Storage
                    Facility-

                	 	 	 
	 	
                  Fee
                    Property Information

                	 	 	 
	 	
                  023-049-0044

                	
                  Jackson

                	
                  Hinds

                	
                  MS

                	
                  2262
                    Maddox Road

                
	
                  1

                	
                  Surplus
                    Property

                	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  041-071-0082

                	
                  Savannah

                	
                  Hardin

                	
                  TN

                	
                  near
                    Hwy. 64

                
	
                  1

                	
                  Surplus
                    Property - Vacant Land

                	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  023-105-0054

                	
                  Starkville

                	
                  Oktibbeha

                	
                  MS

                	
                  Highway
                    82

                
	
                  1

                	
                  Tenant
                    Lease

                	 	 	 	 
	
                  1

                	
                  Lease
                    Information

                	 	 	 
	 	
                  223-087-0080

                	
                  Columbus

                	
                  Lowndes

                	
                  MS

                	
                  Office
                    (Columbus to Blewetts Bridge Road)

                
	
                  3

                	
                  Vacant
                    Land

                	 	 	 	 
	
                  3

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  023-003-0058

                	
                  Glen

                	
                  Alcorn

                	
                  MS

                	
                  U.S.
                    Highway 72

                
	 	
                  023-003-0059

                	
                  Glen

                	
                  Alcorn

                	
                  MS

                	
                  U.S.
                    Hwy 72

                
	 	
                  023-049-0036

                	
                  Hinds

                	
                  Hinds

                	
                  MS

                	
                  South
                    Side / McDowell Rd.

                

        

      

       

       

       

      
        
          
          

        

        
          15

          
            

          

        

        
          
          

        

      

       

       

      

        
          	 	File
                  Number 	City 	County 	ST 	Address 
	
                  33

                	
                  APAC
                    - OK

                	 	 	 	 
	
                  3

                	
                  Asphalt
                    Plant

                	 	 	 	 
	
                  3

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  035-081-0035

                	
                  Unknown

                	
                  Lincoln

                	
                  OK

                	
                  Turner
                    Turnpike (South of)

                
	 	
                  035-097-0015

                	
                  Pryor

                	
                  Mayes

                	
                  OK

                	
                  Section
                    26 Township 21N

                
	 	
                  035-143-0026

                	
                  Bixby

                	
                  Tulsa

                	
                  OK

                	
                  Tract
                    2 - (NE/4) Sec 14/Twp 17N/Range 13E

                
	1	
                  Office

                	 	 	 	 
	
                  1

                	
                  Lease
                    Information

                	 	 	 
	 	
                  235-143-0022

                	
                  Tulsa

                	
                  Tulsa

                	
                  OK

                	
                  4150
                    South 100th East Avenue, Suite 300

                
	
                  24

                	
                  Quarry

                	 	 	 	 
	
                  24

                	
                  Fee
                    Property Information

                	 	 	 
	
                  2

                	
                  Terminal

                	 	 	 	 
	
                  2

                	
                  Fee
                    Property information

                	 	 	 
	 	
                  024-019-0079

                	
                  Columbia

                	
                  Boone

                	
                  MO

                	
                  1591-C
                    East Prathersville Road

                
	 	
                  024-077-0081

                	
                  Springfield

                	
                  Greene

                	
                  MO

                	
                  4624
                    West Calhoun

                
	
                  4

                	
                  Vacant
                    Land

                	 	 	 	 
	4	
                  Fee
                    Property Information

                	 	 	 
	 	
                  024-019-0080

                	
                  Columbia

                	
                  Boone

                	
                  MO

                	
                  5661
                    Creasy Springs Road

                
	 	
                  024-077-0091

                	
                  Springfield

                	
                  Greene

                	
                  MO

                	
                  4580
                    West Calhoun

                
	 	
                  024-077-0093

                	
                  Springfield

                	
                  Greene

                	
                  MO

                	
                  West
                    Gate Avenue (aka Farm Road 123)

                
	 	
                  024-131-0110

                	
                  Unknown

                	
                  Miller

                	
                  MO

                	
                  Elam's
                    Island

                
	
                  39

                	
                  APAC
                    - MS - APAC MS Division

                	 	 	 
	
                  24

                	
                  Asphalt
                    Plant

                	 	 	 	 
	
                  23

                	
                  Fee
                    Property information

                	 	 	 
	 	
                  003-017-0126

                	
                  Dermott

                	
                  Chicot

                	
                  AR

                	
                  Highway
                    65 South, 20 Acres

                
	 	
                  023-003-0056

                	
                  Glen

                	
                  Alcorn

                	
                  MS

                	
                  U.S.
                    Highway 72

                
	 	
                  023-049-0016

                	
                  Hinds

                	
                  Hinds

                	
                  MS

                	
                  Mcraven
                    Road And Hillview Road

                
	 	
                  023-049-0020

                	
                  Jackson

                	
                  Hinds

                	
                  MS

                	
                  Mcraven
                    Road

                
	 	
                  023-049-0021

                	
                  Jackson

                	
                  Hinds

                	
                  MS

                	
                  McDowell
                    Road

                
	 	
                  023-049-0041

                	
                  Jackson

                	
                  Hinds

                	
                  MS

                	
                  Mcdowell
                    Road

                
	 	
                  023-051-0050

                	
                  Unknown

                	
                  Holmes

                	
                  MS

                	
                  Highway
                    12

                
	 	
                  023-075-0038

                	
                  Meridian

                	
                  Lauderdale

                	
                  MS

                	
                  4412
                    Interchange Rd.

                
	 	
                  023-075-0049

                	
                  Meridian

                	
                  Lauderdale

                	
                  MS

                	
                  4412
                    Interchange Road

                
	 	
                  023-077-0007

                	
                  Lawrence
                    County

                	
                  Lawrence

                	
                  MS

                	
                  Fair
                    River

                
	 	
                  023-081-0040

                	
                  Guntown

                	
                  Lee

                	
                  MS

                	
                  331
                    Messner Road

                
	 	
                  023-081-0052

                	
                  Guntown

                	
                  Lee

                	
                  MS

                	
                  331
                    Messner Road

                

        

      

       

       

       

      
        
          
          

        

        
          16

          
            

          

        

        
          
          

        

      

       

       

      

        
          	 	
                  File
                    Number

                	City 	County 	ST 	Address 
	 	
                  023-087-0005

                	
                  Near
                    Columbus

                	
                  Lowndes

                	
                  MS

                	
                  Office
                    (Columbus To Blewetts Bridge Road)

                
	 	
                  023-087-0006

                	
                  Columbus

                	
                  Lowndes

                	
                  MS

                	
                  Blewett
                    Bridge & Pickensvilleroad

                
	 	
                  023-087-0018

                	
                  Columbus

                	
                  Lowndes

                	
                  MS

                	
                  Pickensville
                    Road

                
	 	
                  023-087-0019

                	
                  Columbus

                	
                  Lowndes

                	
                  MS

                	
                  Airline
                    Road & Luxapalila Creek

                
	 	
                  023-089-0053

                	
                  Canton

                	
                  Madison

                	
                  MS

                	
                  Approx.
                    10 acres; near Hwy. 51

                
	 	
                  023-091-0014

                	
                  Foxworth

                	
                  Marion

                	
                  MS

                	
                  U.
                    S. Highway #98

                
	 	
                  023-051-0055

                	
                  Unknown

                	
                  Marion

                	
                  MS

                	
                  Approx
                    8.3 Acres

                
	 	
                  023-149-0024

                	
                  Vicksburg

                	
                  Warren

                	
                  MS

                	
                  4441
                    Rifle Range Road

                
	 	
                  023-163-0010

                	
                  Yazoo
                    County

                	
                  Yazoo

                	
                  MS

                	
                  Asphalt
                    Plant; U. S. Highway #49

                
	 	
                  023-163-0057

                	
                  Yazoo

                	
                  Yazoo

                	
                  MS

                	
                  Section
                    6, Township 11 North, Range 2 West

                
	 	
                  041-071-0069

                	
                  Savannah

                	
                  Hardin

                	
                  TN

                	
                  near
                    Hwy. 64

                
	
                  1

                	
                  Lease
                    Information

                	 	 	 
	 	
                  223-011-0073

                	
                  Rosedale

                	
                  Bolivar

                	
                  MS

                	
                  Route
                    1 (15 acres)

                
	
                  1

                	
                  Asphalt
                    Terminal

                	
                   

                	
                   

                	
                   

                
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  023-049-0003

                	
                  Jackson

                	
                  Hinds

                	
                  MS

                	
                  5129
                    Mcraven Road

                
	
                  2

                	
                  Office

                	 	 	 	 
	 	
                  024-019-0078

                	
                  Columbia

                	
                  Boone

                	
                  MO

                	
                  1591-A
                    East Prathersville Road

                
	1	
                  Office
                    and Quarry

                	 	 	 
	1	
                  Fee
                    Property Information

                	 	 	 
	 	
                  024-029-0125

                	
                  Linn
                    Creek

                	
                  Camden

                	
                  MO

                	
                  1369
                    Business Park Road

                
	
                  2

                	
                  Office
                    And Shop

                	 	 	 
	
                  2

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  024-029-0112

                	
                  Unknown

                	
                  Camden

                	
                  MO

                	
                  S15/T39N/R16W

                
	 	
                  024-077-0092

                	
                  Springfield

                	
                  Greene

                	
                  MO

                	
                  4580
                    West Calhoun

                
	
                  20

                	
                  Quarry

                	 	 	 	 
	
                  20

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  024-019-0083

                	
                  Columbia

                	
                  Boone

                	
                  MO

                	
                  6791
                    N. Highway VV

                
	 	
                  024-029-0111

                	
                  Unknown

                	
                  Camden

                	
                  MO

                	
                  S16/T38N/R16W

                
	 	
                  024-037-0094

                	
                  Harrisonville

                	
                  Cass

                	
                  MO

                	
                  12
                    acres adjacent to Limpus Quarry

                
	 	
                  024-037-0099

                	
                  Harrisonville

                	
                  Cass

                	
                  MO

                	
                  Sections
                    17, 18, 20 and 29, Township 4.5, Range 31

                
	 	
                  024-037-0100

                	
                  Harrisonville

                	
                  Cass

                	
                  MO

                	
                  18601
                    E. 227th Street

                
	 	
                  024-037-0101

                	
                  Harrisonville

                	
                  Cass

                	
                  MO

                	
                  Sections
                    17 & 20, TWP 44, and Range 29

                
	 	
                  024-037-0102

                	
                  Harrisonville

                	
                  Cass

                	
                  MO

                	
                  22400
                    S. State Route 291

                
	 	
                  024-043-0087

                	
                  Highlandville

                	
                  Christian

                	
                  MO

                	
                  697
                    Busiek Road

                
	 	
                  024-119-0086

                	
                  Lanagan

                	
                  Mc
                    Donald

                	
                  MO

                	
                  Route
                    EE

                

        

      

       

       

       

      
        
          
          

        

        
          17

          
            

          

        

        
          
          

        

      

       

       

      

        
          	 	
                  File
                    Number

                	City 	County 	ST 	Address 
	 	
                  024-131-0108

                	
                  Unknown

                	
                  Miller

                	
                  MO

                	
                  Section
                    26, Township 42 North, Range 15 W

                
	 	
                  024-131-0109

                	
                  Unknown

                	
                  Miller

                	
                  MO

                	
                  Vaughn
                    Quarry

                
	 	
                  024-141-0113

                	
                  Unknown

                	
                  Morgan

                	
                  MO

                	
                  DYL
                    Quarry, S20/T42/R16

                
	 	
                  024-141-0114

                	
                  Unknown

                	
                  Morgan

                	
                  MO

                	
                  521/T40N/R17W,
                    Prestage Quarry

                
	 	
                  024-141-0115

                	
                  Unknown

                	
                  Morgan

                	
                  MO

                	
                  S16&21/T40/R17,
                    Prestage Quarry

                
	 	
                  024-195-0105

                	
                  Marshall

                	
                  Saline

                	
                  MO

                	
                  Ridge
                    and Darling Addition

                
	 	
                  024-195-0106

                	
                  Saline

                	
                  Saline

                	
                  MO

                	
                  South
                    and East of U.S. Highway No. 65

                
	 	
                  024-195-0107

                	
                  Saline

                	
                  Saline

                	
                  MO
                    

                	
                  S27/T49N/R21W

                
	 	
                  024-195-0124

                	
                  Marshall

                	
                  Saline

                	
                  MO

                	
                  Adjacent
                    to Marshall Quarry

                
	 	
                  024-195-0126

                	
                  Marshall

                	
                  Saline

                	
                  MO

                	
                  2,75+/-
                    Acres Adjacent to Marshall Quarry

                
	 	
                  024-195-0127

                	
                  Marshall

                	
                  Saline

                	
                  MO

                	
                  55+/-
                    Acres

                
	
                  1

                	
                  Shop

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property information

                	 	 	 
	 	
                  024-019-0079

                	
                  Columbia

                	
                  Boone

                	
                  MO

                	
                  1591-C
                    East Prathersville Road

                
	
                  1

                	
                  Surplus
                    Property - Vacant Land

                	 	 	
                
	
                  1 

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  024-079-0116

                	
                  Trenton

                	
                  Grundy

                	
                  MO

                	
                  Asphalt
                    Plant Lot

                
	
                  4

                	
                  Tenant
                    Lease

                	 	 	 	 
	
                  4

                	
                  Lease
                    Information

                	 	 	 
	 	
                  224-037-0063

                	
                  Harrisonville

                	
                  Cass

                	
                  MO

                	
                  231st
                    Street, 5 +/- Acres

                
	 	
                  224-195-0065

                	
                  Marshall

                	
                  Saline

                	
                  MO

                	
                  10+/-
                    Acres vacant land

                
	 	
                  224-195-0066

                	
                  Marshall

                	
                  Saline

                	
                  MO

                	
                  50
                    +/- acres farm land

                
	 	
                  224-195-0067

                	
                  Marshall

                	
                  Saline

                	
                  MO

                	
                  Property
                    Adjacent to Marshall Quarry

                
	
                  2

                	
                  Lease
                    Information

                	 	 	 
	 	
                  215-051-0023

                	
                  Hays

                	
                  Ellis

                	
                  KS

                	
                  503
                    E. l0th Street

                
	 	
                  215-051-0024

                	
                  Hays

                	
                  Ellis

                	
                  KS

                	
                  2515
                    W. 55th Street

                
	
                  1

                	
                  Vacant
                    Land

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  015-105-0051

                	
                  Lincoln

                	
                  Lincoln

                	
                  KS

                	
                  3
                    3/4 acres

                
	
                  12

                	
                  APAC
                    - KS - Kansas City Division

                	 	 	 
	
                  3

                	
                  Asphalt
                    Plant

                	 	 	 	 
	
                  3

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  015-209-0010

                	
                  Kansas
                    City

                	
                  Wyandotte

                	
                  KS

                	
                  Riverview
                    Avenue And Fourth Street

                
	 	
                  015-209-0011

                	
                  Kansas
                    City

                	
                  Wyandotte

                	
                  KS

                	
                  4Th
                    Street

                
	 	
                  015-209-0014

                	
                  Kansas
                    City

                	
                  Wyandotte

                	
                  KS

                	
                  4318
                    Speaker Rd.

                
	
                  8

                	
                  Quarry

                	 	 	 	 
	
                  8

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  015-091-0006

                	
                  Stilwell

                	
                  ,Johnson

                	
                  KS

                	
                  Johnson
                    County

                

        

      

       

       

       

      
        
          
          

        

        
          18

          
            

          

        

        
          
          

        

      

       

       

      

        
          	 	
                  File
                    Number

                	City 	County 	ST 	Address 
	 	
                  015-091-0008

                	
                  Stilwell

                	
                  Johnson

                	
                  KS

                	
                  Johnson
                    County, Apac Property

                
	 	
                  015-091-0027

                	
                  N/A

                	
                  Johnson

                	
                  KS

                	
                  167th
                    Street and Gardner Road

                
	 	
                  015-121-0011

                	
                  Osawatomie

                	
                  Miami

                	
                  KS

                	
                  Quarry
                    Site

                
	 	
                  015-121-0029

                	
                  Osawatomie

                	
                  Miami

                	
                  KS

                	
                  SWC
                    U.S. Route 69 & 247th Street

                
	 	
                  015-121-0030

                	
                  Osawatomie

                	
                  Miami

                	
                  KS

                	
                  171.63
                    +/- acres

                
	 	
                  015-121-0057

                	
                  Osawatomie

                	
                  Miami

                	
                  KS

                	
                  163.57
                    Acres; Part of NW/4 of 12-16-24

                
	 	
                  015-121-0063

                	
                  Osawatomie

                	
                  Miami

                	
                  KS

                	
                  W
                    247th Street

                
	
                  1

                	
                  Vacant
                    Land

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  015-091-0025

                	
                  Stilwell

                	
                  Johnson

                	
                  KS

                	
                  9435
                    West 167th Street

                
	
                  1

                	
                  APAC
                    - KS Inc. - Kansas City

                	 	 	 
	
                  1

                	
                  Plant
                    Site

                	 	 	 	 
	
                  1

                	
                  Lease
                    Information

                	 	 	 
	 	
                  215-209-0022

                	
                  Kansas
                    City

                	
                  Wyandotte

                	
                  KS

                	
                  5
                    Acres of Land

                
	
                  40

                	
                  APAC
                    - MO - Missouri Division

                	 	 	 
	
                  2

                	
                  Asphalt
                    Plant

                	 	 	 	 
	
                  2

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  024-137-0104

                	
                  Paris

                	
                  Monroe

                	
                  MO

                	
                  Jct.
                    of Hwy. 154 & Bus. Route 24 West

                
	 	
                  024-175-0088

                	
                  Huntsville

                	
                  Randolph

                	
                  MO

                	
                  Highway
                    3

                
	
                  1

                	
                  Buffer
                    Area

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  024-019-0089

                	
                  Columbia

                	
                  Boone

                	
                  MO

                	
                  6801
                    Highway VV

                
	
                  1

                	
                  Building

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	
                  1

                	
                  024-077-0092

                	
                  Springfield

                	
                  Greene

                	
                  MO

                	
                  4580
                    West Calhoun

                
	 	
                  Office

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	
                  6

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  015-015-0033

                	
                  Augusta

                	
                  Butler

                	
                  KS

                	
                  1121
                    SW Hwy 54

                
	 	
                  015-079-0035

                	
                  Newton

                	
                  Harvey

                	
                  KS

                	
                  U.S.
                    Hwy 50

                
	 	
                  015-111-0034

                	
                  Unknown

                	
                  Lyon

                	
                  KS

                	
                  Section
                    7/Township 19S/Range 13E

                
	 	
                  015-155-0058

                	
                  Hutchinson

                	
                  Reno

                	
                  KS

                	
                  Parcel
                    #0559

                
	 	
                  015-169-0045

                	
                  Salina

                	
                  Saline

                	
                  KS

                	
                  500
                    East Farrelly Road: Rt. 4

                
	 	
                  015-173-0061

                	
                  Wichita

                	
                  Sedgwick

                	
                  KS

                	
                  3511
                    S. West Street

                
	
                  3

                	
                  Office

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  015-111-0059

                	
                  Emporia

                	
                  Lyon

                	
                  KS

                	
                  302
                    Peyton

                
	
                  2

                	
                  Lease
                    Information

                	 	 	 
	 	
                  215-155-0025

                	
                  Hutchinson

                	
                  Reno

                	
                  KS

                	
                  1600
                    North Lorraine, Ste. 1

                

        

      

       

       

       

      
        
          
          

        

        
          19

          
            

          

        

        
          
          

        

      

       

       

      

        
          	 	
                  File
                    Number

                	City 	County 	ST 	Address 
	 	
                  215-169-0026

                	
                  Salina

                	
                  Saline

                	
                  KS

                	
                  1329
                    Northwest Street

                
	
                  1

                	
                  Office
                    And Shop

                	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  015-155-0032

                	
                  Hutchinson

                	
                  Reno

                	
                  KS

                	
                  819
                    West First Avenue

                
	
                  1

                	
                  Plant

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  015-051-0055

                	
                  Unknown

                	
                  Ellis

                	
                  KS

                	
                  10
                    Tracts; J.E. Wilson Addition (1-2), George Philip Addition (3-8),
                    SEC
                    17/TWP 13S/Rang

                
	
                  4

                	
                  Quarry

                	 	 	 	 
	
                  4

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  015-073-0036

                	
                  Eureka

                	
                  Greenwood

                	
                  KS

                	
                  (South
                    of) Fall River Channel

                
	 	
                  015-105-0047

                	
                  Lincoln

                	
                  Lincoln

                	
                  KS

                	
                  Section
                    13;Township 12S; Range 8W

                
	 	
                  015-105-0049

                	
                  Lincoln

                	
                  Lincoln

                	
                  KS

                	
                  Section
                    12/Township 12S/Range 8W

                
	 	
                  015-105-0050

                	
                  Unknown

                	
                  Lincoln

                	
                  KS

                	
                  Bullfoot
                    Creek

                
	
                  9

                	
                  Sand/Gravel
                    Pit

                	 	 	 	 
	
                  9

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  015-057-0031

                	
                  Dodge
                    City

                	
                  Ford

                	
                  KS

                	
                  U.S.
                    283/56 Highway Bypass (11188 56 Bypass)

                
	 	
                  015-113-0052

                	
                  Unknown

                	
                  Mc
                    Pherson

                	
                  KS

                	
                  S
                    1/2 SW 1/4 of SEC 5, TWP 20S. Range 3,West of the Sixth Principal
                    Meridian

                
	 	
                  015-155-0037

                	
                  Unknown

                	
                  Reno

                	
                  KS

                	
                  Section
                    21/Township 23S/Range 5W

                
	 	
                  015-155-0039

                	
                  Hutchinson

                	
                  Reno

                	
                  KS

                	
                  160
                    acres

                
	 	
                  015-155-0040

                	
                  Hutchinson

                	
                  Reno

                	
                  KS

                	
                  79.8
                    acres (originally)

                
	 	
                  015-181-0038

                	
                  Unknown

                	
                  Sherman

                	
                  KS

                	
                  Section
                    17/Township 7S/Range 39W

                
	 	
                  015-185-0043

                	
                  Unknown

                	
                  Stafford

                	
                  KS

                	
                  Hwy
                    50 South

                
	 	
                  015-193-0053

                	
                  Unknown

                	
                  Thomas

                	
                  KS

                	
                  N/2
                    N/2 of SEC 35, TWP l0S. Range 32 West of the 6th P.M.

                
	 	
                  015-195-0054

                	
                  Unknown

                	
                  Trego

                	
                  KS

                	
                  NE/4
                    of SEC 31, PAT 14S, Range 23 West of the 6th P.M.

                
	
                  1

                	
                  Shop

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  015-105-0048

                	
                  Lincoln

                	
                  Lincoln

                	
                  KS

                	
                  Section
                    6/Township 12S/Range 7W

                
	
                  2

                	
                  Tenant
                    Lease

                	 	 	 	 
	 	
                  032-123-0095

                	
                  Rocky
                    Springs Township

                	
                  Montgomery

                	
                  NC

                	
                  (Sand
                    Pit)

                
	 	
                  032-123-0096

                	
                  Rocky
                    Springs Township

                	
                  Montgomery

                	
                  NC

                	
                  State
                    Road #1525

                
	 	
                  032-123-0097

                	
                  Rocky
                    Springs Township

                	
                  Montgomery

                	
                  NC

                	
                  Naked
                    Creek

                

        

      

       

       

       

      
        
          
          

        

        
          20

          
            

          

        

        
          
          

        

      

       

       

      

        
          	 	
                  File
                    Number 

                	
                  City

                	
                  County

                	
                  ST

                	
                  Address

                
	 	
                  032-123-0098

                	
                  Rocky
                    Springs Township

                	
                  Montgomery

                	
                  NC

                	
                  (Sand
                    Pit)

                
	 	
                  032-123-0100

                	
                  Rocky
                    Springs Township

                	
                  Montgomery

                	
                  NC

                	
                  60
                    Acres

                
	 	
                  032-123-0106

                	
                  Rocky
                    Springs Township

                	
                  Montgomery

                	
                  NC

                	
                  20
                    Acres

                
	 	
                  032-123-0116

                	
                  Rocky
                    Springs Township

                	
                  Montgomery

                	
                  NC

                	
                  115.726
                    Acres; Tract No. 229

                
	 	
                  032-123-0152

                	
                  Rocky
                    Springs Township

                	
                  Montgomery

                	
                  NC

                	
                  Highway
                    220

                
	 	
                  032-123-0194

                	
                  Rocky
                    Springs Township

                	
                  Montgomery

                	
                  NC

                	
                  Approx.
                    79.09 Acres

                
	 	
                  032-123-0198

                	
                  Rocky
                    Springs Township

                	
                  Montgomery

                	
                  NC

                	
                  Approximately
                    1.05 acres

                
	 	
                  032-123-0210

                	
                  Candor

                	
                  Montgomery

                	
                  NC

                	
                  2.873
                    acres

                
	 	
                  032-123-0222

                	
                  Rocky
                    Springs Township

                	
                  Montgomery

                	
                  NC

                	
                  US
                    220

                
	
                  2

                	
                  Surplus
                    Property

                	 	 	 
	
                  2

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  032-081-0032

                	
                  Greensboro

                	
                  Guilford

                	
                  NC

                	
                  3905
                    Duluth Loop (3925 Liberty Rd.)

                
	 	
                  032-165-0157

                	
                  Laurel
                    Hill Township

                	
                  Scotland

                	
                  NC

                	
                  U.
                    S. 401

                
	
                  5

                	
                  APAC
                    Atlantic. Inc. - Virginia Division

                	 	 	 
	
                  1

                	
                  Asphalt
                    Plant

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  045-179-0054

                	
                  Stafford

                	
                  Stafford

                	
                  VA

                	
                  109
                    Wyche Street*

                
	
                  1

                	
                  Building

                	 	 	 	 
	
                  1

                	
                  Lease
                    Information

                	 	 	 
	 	
                  245-153-0033

                	
                  Manassas

                	
                  Prince
                    William

                	
                  VA

                	
                  9599
                    Hawkins Drive

                
	
                  2

                	
                  Sand/Gravel
                    Pit

                	 	 	 	 
	
                  2

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  045-153-0056

                	
                  Manassas

                	
                  Prince
                    William

                	
                  VA

                	
                  8415
                    Wellington Road

                
	 	
                  045-153-0057

                	
                  Manassas

                	
                  Prince
                    William

                	
                  VA

                	
                  8445
                    Wellington Road (fka Rt. 674)

                
	
                  1

                	
                  Vacant
                    Land

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  045-069-0059

                	
                  Stephenson

                	
                  Frederick

                	
                  VA

                	
                  2786
                    Martinsburg Pike

                
	
                  23

                	
                  APAC
                    General

                	 	 	 	 
	
                  2

                	
                  Lease
                    Information

                	 	 	 
	 	
                  210-089-0052

                	
                  Atlanta

                	
                  De
                    Kalb

                	
                  GA

                	
                  900
                    Ashwood Parkway, (Headquarters)

                
	 	
                  210-121-0063

                	
                  Alpharetta

                	
                  Fulton

                	
                  GA

                	
                  100
                    Windward Plaza, Suite 300, 3rd Floor (4005 Winward Plaza
                    Dr.)

                
	
                  28

                	
                  APAC
                    - KS- Shears

                	 	 	 

        

      

       

       

       

      
        
          
          

        

        
          21

          
            

          

        

        
          
          

        

      

       

       

      

        
          	
                  6

                	
                  Asphalt
                    Plant

                	 	 	 	 
	 	
                  032-107-0045

                	
                  Kinston
                    (Near)

                	
                  Lenoir

                	
                  NC

                	
                  N.C.
                    SR 1804 - Neuse Road

                
	 	
                  039-041-0032

                	
                  Florence

                	
                  Florence

                	
                  SC

                	
                  Hwy
                    89 & 921 Mars Bluff (Parcel A) 830 W. Lucas Street (Parcel
                    B)

                
	 	
                  039-085-0015

                	
                  Privateer
                    Twp.

                	
                  Sumter

                	
                  SC

                	
                  Nasty
                    Branch

                
	
                  4

                	
                  Vacant
                    Land

                	 	 	 	 
	
                  4

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  032-051-0191

                	
                  Cross
                    Creek Township

                	
                  Cumberland

                	
                  NC

                	
                  Robeson
                    Street

                
	 	
                  032-051-0192

                	
                  Cross
                    Creek Twp.

                	
                  Cumberland

                	
                  NC

                	
                  Robeson
                    Street

                
	 	
                  032-107-0012

                	
                  Neuse
                    Township

                	
                  Lenoir

                	
                  NC

                	
                  Neuse
                    River and Atlantic. and NC RR

                
	 	
                  032-107-0016

                	
                  Kinston

                	
                  Lenoir

                	
                  NC

                	
                  Easement
                    Road And N.C. SR 1804

                
	
                  1

                	
                  Warehouse

                	 	 	 	 
	
                  1

                	
                  Lease
                    Information

                	 	 	 
	 	
                  232-133-0064

                	
                  Jacksonville

                	
                  Onslow

                	
                  NC

                	
                  240
                    Center Street

                
	
                  32

                	
                  APAC
                    - Atlantic. Inc. - Thompson-Arthur

                	 	 
	
                  8

                	
                  Asphalt
                    Plant

                	 	 	 	 
	
                  7

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  032-067-0160

                	
                  Winston
                    Salem

                	
                  Forsyth

                	
                  NC

                	
                  Clemmonsville
                    Road

                
	 	
                  032-067-0161

                	
                  Winston
                    Salem

                	
                  Forsyth

                	
                  NC

                	
                  Craft
                    Drive

                
	 	
                  032-067-0162

                	
                  Winston
                    Salem

                	
                  Forsyth

                	
                  NC

                	
                  Clemmonsville
                    Road

                
	 	
                  032-081-0008

                	
                  Jamestown

                	
                  Guilford

                	
                  NC

                	
                  5730
                    Riverdale Drive

                
	 	
                  032-081-0009

                	
                  Greensboro

                	
                  Guilford

                	
                  NC

                	
                  3500
                    & 3512 Halts Chapel Road

                
	 	
                  032-081-0033

                	
                  Greensboro

                	
                  Guilford

                	
                  NC

                	
                  3901
                    Duluth Loop (3921 Liberty Road)

                
	 	
                  045-089-0061

                	
                  Martinsville

                	
                  Henry

                	
                  VA

                	
                  State
                    Route 684

                
	
                  1

                	
                  Lease
                    Information

                	 	 	 
	 	
                  232-153-0061

                	
                  Unknown

                	
                  Richmond

                	
                  NC

                	
                  Rockingham
                    Asphalt Plant Site

                
	
                  2

                	
                  Office

                	 	 	 	 
	
                  2

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  032-081-0043

                	
                  Gilmer

                	
                  Guilford

                	
                  NC

                	
                  300
                    South Benbow Rd.

                
	 	
                  032-159-0211

                	
                  Salisbury

                	
                  Rowan

                	
                  NC

                	
                  Jake
                    Alexander Road

                
	
                  20

                	
                  Sand
                    Plant

                	 	 	 	 
	
                  20

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  032-123-0038

                	
                  Rocky
                    Springs Township

                	
                  Montgomery

                	
                  NC

                	
                  Us
                    220 - Naked Creek

                
	 	
                  032-123-0054

                	
                  Rocky
                    Springs Township

                	
                  Montgomery

                	
                  NC

                	
                  Naked
                    Creek

                
	 	
                  032-123-0061

                	
                  Rocky
                    Springs Township

                	
                  Montgomery

                	
                  NC

                	
                  Naked
                    Creek

                
	 	
                  032-123-0069

                	
                  Rocky
                    Springs Township

                	
                  Montgomery

                	
                  NC

                	
                  Sand
                    Pit

                

        

      

       

       

       

      
        
          
          

        

        
          22

          
            

          

        

        
          
          

        

      

       

       

      

        
          	 	
                  File
                    Number 

                	
                  City

                	
                  County

                	
                  ST

                	
                  Address

                
	 	
                  032-123-0072

                	
                  Rocky
                    Springs Township

                	
                  Montgomery

                	
                  NC

                	
                  Sand
                    Pit

                
	 	
                  032-123-0075

                	
                  Rocky
                    Springs Township

                	
                  Montgomery

                	
                  NC

                	
                  Sand
                    Pit

                
	 	
                  032-123-0076

                	
                  Rocky
                    Springs Township

                	
                  Montgomery

                	
                  NC

                	
                  Sand
                    Pit

                
	 	
                  032-123-0079

                	
                  Rocky
                    Springs Township

                	
                  Montgomery

                	
                  NC

                	
                  Apac
                    Property

                
	
                  4

                	
                  Lease
                    Information

                	 	 	 
	 	
                  232-107-0065

                	
                  Kinston

                	
                  Lenoir

                	
                  NC

                	
                  604
                    East New Bern Road

                
	 	
                  232-129-0072

                	
                  Wilmington

                	
                  New
                    Hanover

                	
                  NC

                	
                  3240
                    Burnt Mill Dr., Suite 1 & 2

                
	 	
                  232-133-0070

                	
                  Jacksonville

                	
                  Onslow

                	
                  NC

                	
                  669
                    Bell Fork Road

                
	 	
                  232-191-0071

                	
                  Goldsboro

                	
                  Wayne

                	
                  NC

                	
                  2712
                    Graves Drive

                
	
                  2

                	
                  Office
                    And Shop

                	 	 	 
	
                  2

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  032-153-0154

                	
                  Marston

                	
                  Richmond

                	
                  NC

                	
                  156
                    Highway Constructors Road

                
	 	
                  032-153-0155

                	
                  Marston

                	
                  Richmond

                	
                  NC

                	
                  156
                    Highway Constructors Road

                
	
                  21

                	
                  Sand/Gravel
                    Pit

                	 	 	 	 
	
                  21

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  032-017-0183

                	
                  Bladenboro
                    Township

                	
                  Bladen

                	
                  NC

                	
                  Unknown,
                    40 Acre Parcel

                
	 	
                  032-051-0177

                	
                  Grays
                    Creek Township

                	
                  Cumberland

                	
                  NC

                	
                  2785
                    Tracy Ball Road

                
	 	
                  032-051-0178

                	
                  Fayetteville

                	
                  Cumberland

                	
                  NC

                	
                  Murchison
                    Road

                
	 	
                  032-051-0181

                	
                  Unknown

                	
                  Cumberland

                	
                  NC

                	
                  U.S.
                    Highway I-95

                
	 	
                  032-051-0187

                	
                  Fayetteville

                	
                  Cumberland

                	
                  NC

                	
                  Murchison
                    Road

                
	 	
                  032-051-0188

                	
                  Fayetteville

                	
                  Cumberland

                	
                  NC

                	
                  Murchison
                    Road

                
	 	
                  032-051-0215

                	
                  Fayetteville

                	
                  Cumberland

                	
                  NC

                	
                  2.7
                    Acre Parcel + Lots 28 and 29 Northpoint Village

                
	 	
                  032-051-0216

                	
                  Fayetteville

                	
                  Cumberland

                	
                  NC

                	
                  Lots
                    15, 27, 30 and 40 Northpoint Village

                
	 	
                  032-107-0026

                	
                  Kinston
                    (Near)

                	
                  Lenoir

                	
                  NC

                	
                  Neuse
                    River

                
	 	
                  032-107-0057

                	
                  Neuse
                    Twp.

                	
                  Lenoir

                	
                  NC

                	
                  Nc
                    Route #11

                
	 	
                  032-107-0105

                	
                  (Near)
                    Kinston

                	
                  Lenoir

                	
                  NC

                	
                  27.87
                    Acres (Walter Tract)

                
	 	
                  032-133-0021

                	
                  Jacksonville
                    Twp.

                	
                  Onslow

                	
                  NC

                	
                  Burnt
                    House Fork Highway

                
	 	
                  032-133-0022

                	
                  Jacksonville
                    Twp.

                	
                  Onslow

                	
                  NC

                	
                  Burnt
                    House Fork Highway

                
	 	
                  032-147-0024

                	
                  (Near)
                    Greenville

                	
                  Pitt

                	
                  NC

                	
                  N.C.
                    Hwy. 1402

                
	 	
                  032-155-0179

                	
                  East
                    Howellsville Township

                	
                  Robeson

                	
                  NC

                	
                  State
                    Route 1967

                
	 	
                  032-155-0180

                	
                  East
                    Howellsville Township

                	
                  Robeson

                	
                  NC

                	
                  State
                    Route 1967

                
	 	
                  032-155-0182

                	
                  Pembroke
                    Township 

                	
                  Robeson

                	
                  NC

                	
                  Unknown

                

        

      

       

       

       

      
        
          
          

        

        
          23

          
            

          

        

        
          
          

        

      

       

       

      

        
          	 	
                  File
                    Number 

                	
                  City

                	
                  County

                	
                  ST

                	
                  Address

                
	 	
                  032-155-0185

                	
                  Lumberton
                    Township

                	
                  Robeson

                	
                  NC

                	
                  Hestertown
                    Road

                
	 	
                  032-155-0186

                	
                  Lumberton
                    Township

                	
                  Robeson

                	
                  NC

                	
                  Hestertown
                    Road

                
	 	
                  032-191-0028

                	
                  Indian
                    Springs Twp. 

                	
                  Wayne

                	
                  NC

                	
                  2421
                    Arrington Bridge Road

                
	 	
                  039-025-0018

                	
                  Jefferson

                	
                  Chesterfield

                	
                  SC

                	
                  County
                    Rds. 13 &72

                
	
                  1

                	
                  Storage
                    Facility

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  032-107-0020

                	
                  Southwest
                    Township 

                	
                  Lenoir

                	
                  NC

                	
                  Neuse
                    Rive And Nc Rr

                
	
                  5

                	
                  Surplus
                    Property

                	 	 	 
	
                  5

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  032-051-0219

                	
                  Hope
                    Mills

                	
                  Cumberland

                	
                  NC

                	
                  264
                    Skinner Road

                
	 	
                  032-051-0220

                	
                  Hope
                    Mills

                	
                  Cumberland

                	
                  NC

                	
                  Trade
                    Street

                
	 	
                  032-107-0057

                	
                  Neuse
                    Twp.

                	
                  Lenoir

                	
                  NC

                	
                  Nc
                    Route #11

                
	 	
                  032-107-0064

                	
                  Neuse
                    Township

                	
                  Lenoir

                	
                  NC

                	
                  North
                    Carolina Routes 11 & 55

                
	 	
                  032-129-0130

                	
                  Wilmington

                	
                  New
                    Hanover

                	
                  NC

                	
                  River
                    Rd & Sunnyvale Dr.

                
	 	
                  032-129-0131

                	
                  Cape
                    Fear Township

                	
                  New
                    Hanover

                	
                  NC

                	
                  4909
                    College Road N

                
	 	
                  032-133-0017

                	
                  Jacksonville
                    (Near)

                	
                  Onslow

                	
                  NC

                	
                  Us
                    Navy Rr-Hargett Street

                
	 	
                  032-133-0021

                	
                  Jacksonville
                    Twp.

                	
                  Onslow

                	
                  NC

                	
                  Burnt
                    House Fork Highway

                
	 	
                  032-133-0022

                	
                  Jacksonville
                    Twp.

                	
                  Onslow

                	
                  NC

                	
                  Burnt
                    House Fork Highway

                
	 	
                  032-133-0048

                	
                  White
                    Oak

                	
                  Onslow

                	
                  NC

                	
                  6190
                    New Bern Hwy.

                
	 	
                  032-147-0024

                	
                  (Near)
                    Greenville

                	
                  Pitt

                	
                  NC

                	
                  N.C.
                    Hwy. 1402

                
	 	
                  032-147-0090

                	
                  Belvoir
                    Twp.

                	
                  Pitt

                	
                  NC

                	
                  Old
                    Greenville-Tarboro River Road

                
	 	
                  032-147-0206

                	
                  Greenville

                	
                  Pitt

                	
                  NC

                	
                  562
                    Barrus Construction Road

                
	 	
                  032-191-0028

                	
                  Indian
                    Springs Twp.

                	
                  Wayne

                	
                  NC

                	
                  2421
                    Arrington Bridge Road

                
	 	
                  032-191-0067

                	
                  Indian
                    Springs

                	
                  Wayne

                	
                  NC

                	
                  Arrington
                    Bridge Road

                
	 	
                  032-191-0068

                	
                  Indian
                    Springs

                	
                  Wayne

                	
                  NC.

                	
                  Arrington
                    Bridge Road (Rear)

                
	 	
                  032-191-0074

                	
                  Indian
                    Springs

                	
                  Wayne

                	
                  NC

                	
                  Arrington
                    Bridge Road (Rear)

                
	 	
                  039-003-0023

                	
                  Aiken

                	
                  Aiken

                	
                  SC

                	
                  Steed:
                    Pine Log Rd; Us Hwy. #1

                
	 	
                  039-051-0019

                	
                  Conway
                    Township

                	
                  Horn

                	
                  SC

                	
                  154
                    Winyah Drive

                
	
                  2

                	
                  Lease
                    Information

                	 	 	 
	 	
                  232-047-0062

                	
                  Whiteville
                    Township

                	
                  Columbus

                	
                  NC

                	
                  Approx.
                    16.41 acres

                
	 	
                  232-107-0067

                	
                  Kinston

                	
                  Lenoir

                	
                  NC

                	
                  13.4
                    acres/Tom White Road

                
	
                  2

                	
                  Borrow
                    Pit

                	 	 	 	 
	
                  2

                	
                  Fee
                    Property Information

                	 	 	 

        

      

       

       

       

      
        
          
          

        

        
          24

          
            

          

        

        
          
          

        

      

       

       

      

        
          	 	
                  File
                    Number 

                	
                  City

                	
                  County

                	
                  ST

                	
                  Address

                
	 	
                  032-017-0184

                	
                  Unknown

                	
                  Bladen

                	
                  NC

                	
                  Secondary
                    Road 1195 (Old Boardman Rd.)

                
	 	
                  032-051-0143

                	
                  Fayetteville

                	
                  Cumberland

                	
                  NC

                	
                  Approximately
                    138 +/- acres

                
	
                  1

                	
                  Clay
                    Pit

                	 	 	 	 
	 	
                  Fee
                    Property Information

                	 	 	 
	 	
                  032-153-0153

                	
                  Marston

                	
                  Richmond

                	
                  NC

                	
                  156
                    Highway Constructors Road

                
	
                  2

                	
                  Concrete
                    Plant

                	 	 	 	 
	
                  2

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  032-051-0174

                	
                  Rockfish
                    Township

                	
                  Cumberland

                	
                  NC

                	
                  Meharry
                    Drive

                
	 	
                  039-067-0033

                	
                  Marion

                	
                  Marion

                	
                  SC

                	
                  State
                    Road 34-732

                
	
                  2

                	
                  Ingress/Egress

                	 	 	 	 
	
                  2

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  032-051-0175

                	
                  Rockfish
                    Township

                	
                  Cumberland

                	
                  NC

                	
                  Butler-Robinson
                    Pit Access

                
	 	
                  032-051-0190

                	
                  Fayetteville

                	
                  Cumberland

                	
                  NC

                	
                  Murchison
                    Road

                
	
                  9

                	
                  Office

                	 	 	 	 
	
                  5

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  032-051-0189

                	
                  Fayetteville

                	
                  Cumberland

                	
                  NC

                	
                  Murchison
                    Road

                
	 	
                  032-051-0193

                	
                  Cross
                    Creek Twp.

                	
                  Cumberland

                	
                  NC

                	
                  Robeson
                    Street

                
	 	
                  032-153-0156

                	
                  Marston

                	
                  Richmond

                	
                  NC

                	
                  156
                    Highway Constructors Road

                
	 	
                  039-031-0012

                	
                  Darlington

                	
                  Darlington

                	
                  SC

                	
                  Mineral
                    Springs Rd.

                
	 	
                  039-051-0019

                	
                  Conway
                    Township

                	
                  Horry

                	
                  SC

                	
                  154
                    Winyah Drive

                
	 	
                  003-007-0078

                	
                  Lowell

                	
                  Benton

                	
                  AR

                	
                  40.11
                    acres

                
	 	
                  003-007-0090

                	
                  Lowell

                	
                  Benton

                	
                  AR

                	
                  13198
                    S. Zion Road

                
	 	
                  003-007-0095

                	
                  Gravette

                	
                  Benton

                	
                  AR

                	
                  County
                    Road No. 34

                
	 	
                  003-009-0064

                	
                  Harrison

                	
                  Boone

                	
                  AR

                	
                  40
                    Acres (Vacant Land)

                
	 	
                  003-009-0070

                	
                  Harrison

                	
                  Boone

                	
                  AR

                	
                  6672
                    Hwy 65 South

                
	
                  10

                	
                  APAC
                    - Atlantic, Inc. - Asheville Division

                	 	 
	
                  7

                	
                  Asphalt
                    Plant

                	 	 	 	 
	
                  5

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  032-021-0025

                	
                  Asheville

                	
                  Buncombe

                	
                  NC

                	
                  1188
                    Smokey Park Highway

                
	 	
                  032-089-0002

                	
                  Hendersonville

                	
                  Henderson

                	
                  NC

                	
                  Old
                    Clear Creek Road

                
	 	
                  032-089-0213

                	
                  Hendersonville

                	
                  Henderson

                	
                  NC

                	
                  Old
                    Clear Creek Road

                
	 	
                  032-175-0056

                	
                  Boyd
                    & Little River

                	
                  Transylvania

                	
                  NC

                	
                  Old
                    U.S. 64 - State Route 1504

                
	 	
                  032-199-0197

                	
                  Cane
                    River

                	
                  Yancey

                	
                  NC

                	
                  Lot
                    31 Map B of Ralph Ray Property

                
	
                  2

                	
                  Lease
                    Information

                	 	 	 
	 	
                  232-097-0069

                	
                  Statesville

                	
                  Iredell

                	
                  NC

                	
                  164
                    Bostian Drive

                
	 	
                  232-161-0066

                	
                  Rutherfordton

                	
                  Rutherford

                	
                  NC

                	
                  1920
                    Maple Creek Road

                
	
                  1

                	
                  Extract
                    Sand/Top Soil

                	 	 	 

        

      

       

       

       

      
        
          
          

        

        
          25

          
            

          

        

        
          
          

        

      

       

       

      

        
          	 	
                  File
                    Number 

                	
                  City

                	
                  County

                	
                  ST

                	
                  Address

                
	
                  1

                	
                  Lease
                    Information

                	 	 	 
	 	
                  232-153-0055

                	
                  Marks
                    Creek Township

                	
                  Richmond

                	
                  NC

                	
                  Summit
                    Orchard Tract; 129 acres

                
	
                  1

                	
                  Office
                    And Asphalt Plant

                	 	 	 
	
                  1

                	
                  Fee
                    Property information

                	 	 	 
	 	
                  032-021-0223

                	
                  Asheville

                	
                  Buncombe

                	
                  NC

                	
                  1188
                    Smokey Park Hwy

                
	
                  1

                	
                  Surplus
                    Property

                	 	 	 
	
                  1

                	
                  Fee
                    Property information

                	 	 	 
	 	
                  032-161-0225

                	
                  Asheville

                	
                  Rutherford

                	
                  NC

                	
                  Chimney
                    Rock Township

                
	
                  1

                	
                  APAC
                    - Atlantic, Inc. - Charlotte Division 

                	 	 
	
                  1

                	
                  Office

                	 	 	 	 
	
                  1

                	
                  Lease
                    Information

                	 	 	 
	 	
                  232-025-0068

                	
                  Concord

                	
                  Cabarrus

                	
                  NC

                	
                  725
                    Derita Road

                
	
                  79

                	
                  APAC
                    - Atlantic, Inc. - Coastal Carolina

                	 	 
	
                  29

                	
                  Asphalt
                    Plant

                	 	 	 	 
	
                  27

                	
                  Fee
                    Property information

                	 	 	 
	 	
                  032-013-0044

                	
                  Washington

                	
                  Beaufort

                	
                  NC

                	
                  Route
                    3 off of SR 1409

                
	 	
                  032-017-0224

                	
                  Butters

                	
                  Bladen

                	
                  NC

                	
                  Berry
                    Lewis Road

                
	 	
                  032-049-0027

                	
                  New
                    Bern

                	
                  Craven

                	
                  NC

                	
                  510
                    S. Glenburnie Road

                
	 	
                  032-049-0102

                	
                  Belvoir
                    Twp.

                	
                  Craven

                	
                  NC

                	
                  Secondary
                    Rd. (Formerly U.S. Hwy. 70)

                
	 	
                  032-101-0103

                	
                  Boon
                    Hill Twp.

                	
                  Johnston

                	
                  NC

                	
                  State
                    Route 102

                
	 	
                  032-107-0010

                	
                  Kinston

                	
                  Lenoir

                	
                  NC

                	
                  Near
                    Neuse River

                
	 	
                  032-107-0013

                	
                  Kinston

                	
                  Lenoir

                	
                  NC

                	
                  Easement
                    Road And Us 70

                
	 	
                  032-107-0014

                	
                  Near
                    Kinston

                	
                  Lenoir

                	
                  NC

                	
                  North
                    Carolina Hwy 10

                
	 	
                  032-107-0015

                	
                  Kinston

                	
                  Lenoir

                	
                  NC

                	
                  Brunswick
                    Blvd And Jefferson Avenue

                
	 	
                  032-107-0026

                	
                  Kinston
                    (Near)

                	
                  Lenoir

                	
                  NC

                	
                  Neuse
                    River

                
	 	
                  203-033-0046

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  6008
                    Arkhola Road

                
	 	
                  203-033-0048

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  2514
                    Woodpecker Way

                
	 	
                  203-033-0052

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  5503
                    Highway 60

                
	 	
                  203-033-0056

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  6204
                    Arkhola Road

                
	 	
                  203-033-0057

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  5227
                    Highway 60

                
	 	
                  203-131-0022

                	
                  Jenny
                    Lind

                	
                  Sebastian

                	
                  AR

                	
                  2000
                    Gate Nine Road

                
	 	
                  203-131-0024

                	
                  Jenny
                    Lind

                	
                  Sebastian

                	
                  AR

                	
                  1944
                    Gate Nine Road

                
	 	
                  203-131-0025

                	
                  Jenny
                    Lind

                	
                  Sebastian

                	
                  AR

                	
                  2006
                    Gate Nine Road

                
	 	
                  203-131-0028

                	
                  Jenny
                    Lind

                	
                  Sebastian

                	
                  AR

                	
                  1934
                    Gate Nine Road

                
	 	
                  203-131-0032

                	
                  Huntington

                	
                  Sebastian

                	
                  AR

                	
                  6900
                    Bucella Road

                
	 	
                  203-131-0035

                	
                  Jenny
                    Lind

                	
                  Sebastian

                	
                  AR

                	
                  1946
                    Gate Nine Road

                
	 	
                  203-131-0038

                	
                  Huntington

                	
                  Sebastian

                	
                  AR

                	
                  7100
                    Bucella Road

                
	 	
                  203-131-0042

                	
                  Greenwood

                	
                  Sebastian

                	
                  AR

                	
                  1950
                    Gate Nine Road

                

        

      

       

       

       

      
        
          
          

        

        
          26

          
            

          

        

        
          
          

        

      

       

       

      

        
          	 	
                  File
                    Number 

                	
                  City

                	
                  County

                	
                  ST

                	
                  Address

                
	 	
                  203-131-0044

                	
                  Greenwood

                	
                  Sebastian

                	
                  AR

                	
                  2012
                    Gate Nine Road

                
	 	
                  203-131-0047

                	
                  Greenwood

                	
                  Sebastian

                	
                  AR

                	
                  1938
                    Gate Nine Road

                
	 	
                  203-131-0049

                	
                  Unknown

                	
                  Sebastian

                	
                  AR

                	
                  S17,
                    T5N, R31W Midland Quarry

                
	 	
                  203-131-0050

                	
                  Greenville

                	
                  Sebastian

                	
                  AR

                	
                  S16.
                    T5N, R31W and 517. T5N, R31W Midland

                  Quarry

                
	 	
                  203-131-0055

                	
                  Van
                    Buren

                	
                  Sebastian

                	
                  AR

                	
                  2542
                    Concord Hill

                
	 	
                  235-101-0033

                	
                  Muskogee

                	
                  Muskogee

                	
                  OK

                	
                  U.
                    S. Highway 90

                
	
                  9

                	
                  Vacant
                    Land

                	 	 	 	 
	
                  9

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  003-033-0073

                	
                  Van
                    Buren (near)

                	
                  Crawford

                	
                  AR

                	
                  18.15
                    acres

                
	 	
                  003-033-0091

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  6008
                    Arkhola Road

                
	 	
                  003-033-0101

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  2833
                    Concord Hill Drive

                
	 	
                  003-033-0102

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  2740
                    Concord Hill Drive

                
	 	
                  003-033-0103

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  N/A

                
	 	
                  003-033-0108

                	
                  Unknown

                	
                  Crawford

                	
                  AR

                	
                  Approximately
                    16.3 acres

                
	 	
                  003-033-0109

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  513
                    Blueberry Hill Street

                
	 	
                  003-131-0075

                	
                  Fort
                    Smith

                	
                  Sebastian

                	
                  AR

                	
                  Grand
                    Avenue

                
	 	
                  035-135-0025

                	
                  Moffett

                	
                  Sequoyah

                	
                  OK

                	
                  56.13
                    acres

                
	
                  8

                	
                  APAC
                    AR - McClinton-Anchor Division

                	 	 	 
	
                  1

                	
                  Asphalt
                    Plant

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  003-007-0111

                	
                  Centerton

                	
                  Benton

                	
                  AR

                	
                  County
                    Road 34

                
	
                  1

                	
                  Landfill

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  003-143-0066

                	
                  Johnson

                	
                  Washington

                	
                  AR

                	
                  6603
                    McGuire Street

                
	
                  1

                	
                  Quarry

                	 	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  003-087-0131

                	
                  Huntsville

                	
                  Madison

                	
                  AR

                	
                  Undivided
                    1/2 interest of 117 acres

                
	
                  5

                	
                  Vacant
                    Land

                	 	 	 	 
	
                  5

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  003-131-0115

                	
                  Unknown

                	
                  Sebastian

                	
                  AR

                	
                  20
                    +/- acres at Midland Quarry

                
	 	
                  003-131-0116

                	
                  Unknown

                	
                  Sebastian

                	
                  AR

                	
                  Midland
                    Quarry

                
	 	
                  003-131-0117

                	
                  Unknown

                	
                  Sebastian

                	
                  AR

                	
                  Midland
                    Quarry

                
	 	
                  003-131-0118

                	
                  Huntington

                	
                  Sebastian

                	
                  AR

                	
                  Part
                    of the SE 1/4 of the NE 1/4, 517, T5N, R31 W

                
	 	
                  003-131-0119

                	
                  Unknown

                	
                  Sebastian

                	
                  AR

                	
                  SW
                    1/4 of NE 1/4, 517, T5N, R3IW

                
	 	
                  003-131-0122

                	
                  N/A

                	
                  Sebastian

                	
                  AR

                	
                  Midland
                    Quarry

                
	 	
                  035-021-0027

                	
                  Alfalfa

                	
                  Cherokee

                	
                  OK

                	
                  Route
                    2

                
	 	
                  035-145-0042

                	
                  Wagoner

                	
                  Wagoner

                	
                  OK

                	
                  Section
                    21, Township 16N. Range 19E

                

        

      

       

       

       

      
        
          
          

        

        
          27

          
            

          

        

        
          
          

        

      

       

       

      

        
          	 	 File
                  Number	
                  City

                	County	ST	Address
	
                  1

                	
                  Lease
                    Information

                	 	 	 
	 	
                  203-131-0008

                	
                  Unknown

                	
                  Sebastian

                	
                  AR

                	
                  Approximately
                    122.3 acres

                
	
                  2

                	
                  ReadyMix
                    Plant

                	 	 	 	 
	
                  2

                	
                  Fee
                    Property information

                	 	 	 
	 	
                  003-007-0120

                	
                  Centerton

                	
                  Benton

                	
                  AR

                	
                  State
                    Highway 102

                
	 	
                  003-007-0125

                	
                  Springdale

                	
                  Benton

                	
                  AR

                	
                  Approx.
                    10 acres

                
	
                  3

                	
                  Residential
                    Dwlg

                	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  003-033-0130

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  5227
                    Highway 60

                
	
                  2

                	
                  Lease
                    Information

                	 	 	 
	 	
                  203-033-0054

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  5343
                    Highway 60

                
	 	
                  203-131-0053

                	
                  Huntington

                	
                  Sebastian

                	
                  AR

                	
                  7201
                    Bucella Road

                
	
                  2

                	
                  Sand/Gravel
                    Pit

                	 	 	 
	
                  1

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  035-101-0020

                	
                  Muskogee

                	
                  Muskogee

                	
                  OK

                	
                  3300
                    West 40th North

                
	
                  1

                	
                  Lease
                    Information

                	 	 	 
	 	
                  235-101-0027

                	
                  Muskogee

                	
                  Muskogee

                	
                  OK

                	
                  MABRF-593(241)3300
                    West 40th North (Hwy 69)

                
	
                  2

                	
                  Surplus
                    Property

                	 	 	 
	
                  2

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  003-131-0074

                	
                  Fort
                    Smith

                	
                  Sebastian

                	
                  AR

                	
                  Lots
                    8-18; 1-6; 1-9 & 12: 1-4

                
	 	
                  003-131-0076

                	
                  Greenwood

                	
                  Sebastian

                	
                  AR

                	
                  1.90
                    Acres

                
	
                  29

                	
                  Tenant
                    Lease

                	 	 	 	 
	
                  29

                	
                  Lease
                    Information

                	 	 	 
	 	
                  203-033-0009

                	
                  Van
                    Buren (near)

                	
                  Crawford

                	
                  AR

                	
                  Approximately
                    34.37 Acres

                
	 	
                  203-033-0010

                	
                  Van
                    Buren (near)

                	
                  Crawford

                	
                  AR

                	
                  Approximately
                    40 acres

                
	 	
                  203-033-0012

                	
                  Van
                    Buren (near)

                	
                  Crawford

                	
                  AR

                	
                  12.25
                    Acres, Sec 16/Twp 9N, Range 31W

                
	 	
                  203-033-0016

                	
                  Van
                    Buren (near)

                	
                  Crawford

                	
                  AR

                	
                  40
                    Acres. S9, T9N, R31W

                
	 	
                  203-0J3-0030

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  2740
                    Concord

                
	 	
                  203-033-0031

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  2728
                    Concord

                
	 	
                  203-033-0034

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  6104
                    Arkhola Road

                
	 	
                  203-033-0036

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  5229
                    Woodpecker Way

                
	 	
                  203-033-0039

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  5237
                    Woodpecker Way

                
	 	
                  203-033-0041

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  5209
                    Woodpecker Way

                
	 	
                  003-113-0004

                	
                  Hatton

                	
                  Polk

                	
                  AR

                	
                  (60)
                    Quarry

                
	 	
                  003-113-0005

                	
                  Hatton

                	
                  Polk

                	
                  AR

                	
                  (60)
                    Quarry

                
	 	
                  003-113-0006

                	
                  Hatton

                	
                  Polk

                	
                  AR

                	
                  (60)
                    Quarry

                
	 	
                  003-131-0015

                	
                  Fort
                    Smith

                	
                  Sebastian

                	
                  AR

                	
                  South
                    Zero St.

                
	 	
                  003-143-0062

                	
                  Fayetteville

                	
                  Washington

                	
                  AR

                	
                  Lime
                    Kiln Road

                

        

      

       

       

       

      
        
          
          

        

        
          28

          
            

          

        

        
          
          

        

      

       

       

      

        
          	 	
                  File
                    Number 

                	
                  City

                	
                  County

                	
                  ST

                	
                  Address

                
	 	
                  035-101-0013

                	
                  Fort
                    Gibson

                	
                  Muskogee

                	
                  OK

                	
                  So.
                    Scott Street between U.S. Hwy 62 & State Hwy 10

                
	
                  2

                	
                  Buffer
                    Area

                	 	 	 	 
	
                  2

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  003-033-0092

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  2514
                    Woodpecker Drive

                
	 	
                  003-033-0093

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  2502
                    Woodpecker Drive

                
	
                  1

                	
                  Office

                	 	 	 	 
	
                  1

                	
                  Lease
                    Information

                	 	 	 
	 	
                  203-131-0011

                	
                  Fort
                    Smith

                	
                  Sebastian

                	
                  AR

                	
                  APAC-Arkansas
                    Headquarters 523 Garrison

                
	
                  35

                	
                  Quarry

                	 	 	 	
                  Ave.,
                    Ward Garrison Bldg

                
	
                  34

                	
                  Fee
                    Property Information

                	 	 	 
	 	
                  003-033-0077

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  33.92
                    acres

                
	 	
                  003-033-0079

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  North
                    of I-40

                
	 	
                  003-033-0080

                	
                  Van
                    Buren (near)

                	
                  Crawford

                	
                  AR

                	
                  19
                    acres

                
	 	
                  003-033-0089

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  5411
                    Highway 6o

                
	 	
                  003-033-0096

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  2427
                    Woodpecker Way

                
	 	
                  003-033-0097

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  Woodpecker
                    Way

                
	 	
                  003-033-0098

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  5237
                    Woodpecker Way

                
	 	
                  003-033-0099

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  5307
                    Highway 6o

                
	 	
                  003-033-0121

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  Part
                    of the NW 1/4 of S11/T9N/R31W

                
	 	
                  003-033-0124

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  Approx.
                    25.67 Acres

                
	 	
                  003-033-0127

                	
                  Unknown

                	
                  Crawford

                	
                  AR

                	
                  Section
                    10 & 11, Township 9 North, Range 31 West

                
	 	
                  103-033-0128

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  Route
                    5, Box 649

                
	 	
                  003-033-0129

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  2542
                    Concord Hill Drive

                
	 	
                  003-033-0132

                	
                  Van
                    Buren

                	
                  Crawford

                	
                  AR

                	
                  6204
                    Arkhola Road

                
	 	
                  003-131-0082

                	
                  Jenny
                    Lind

                	
                  Sebastian

                	
                  AR

                	
                  1938
                    Gate Nine Road

                
	 	
                  003-131-0083

                	
                  Jenny
                    Lind

                	
                  Sebastian

                	
                  AR

                	
                  1950
                    Gate Nine Road

                
	 	
                  003-131-0084

                	
                  Jenny
                    Lind

                	
                  Sebastian

                	
                  AR

                	
                  2000
                    Gate Nine Road

                
	 	
                  003-131-0085

                	
                  Jenny
                    Lind

                	
                  Sebastian

                	
                  AR

                	
                  2006
                    Gate Nine Road

                
	 	
                  003-131-0086

                	
                  Jenny
                    Lind

                	
                  Sebastian

                	
                  AR

                	
                  2012
                    Gate Nine Road

                
	 	
                  003-131-0087

                	
                  Jenny
                    Lind

                	
                  Sebastian

                	
                  AR

                	
                  1934
                    and 1444 Gate Nine Road

                
	 	
                  003-131-0088

                	
                  Jenny
                    Lind

                	
                  Sebastian

                	
                  AR

                	
                  6.38
                    acres; Jenny Lind Rock Quarry

                
	 	
                  003-131-0100

                	
                  Unknown

                	
                  Sebastian

                	
                  AR

                	
                  10
                    acres

                
	 	
                  003-131-0105

                	
                  Greenville

                	
                  Sebastian

                	
                  AR

                	
                  Approx
                    50.12 acres

                
	 	
                  003-131-0106

                	
                  Midland

                	
                  Sebastian

                	
                  AR

                	
                  214
                    East Jefferson Avenue

                
	 	
                  003-131-0107

                	
                  Unknown

                	
                  Sebastian

                	
                  AR

                	
                  Approximately
                    115 acres

                
	 	
                  003-131-0114

                	
                  Unknown

                	
                  Sebastian

                	
                  AR

                	
                  20.95
                    +/- acres at Midland Quarry

                

        

        
 

         

        
          
            
            

          

          
            29

            
              

            

          

          
            
            

          

        

      

    

     

    Schedule
      3.06(b):

    Owned
      and Leased Property Sold, Transferred or Otherwise Disposed
      Of

     

    

    Real
      Property Disposals Since September 30, 2005

     

    
      
        	 	 	 	 	 	 	 	 
	
                Description

              	
                Item
                  Number

              	
                Asset
                  Cost

              	
                Accumulated
                  Depreciation

              	
                Net
                  Book Value

                @
                  Disposal

              	
                Disposal
                  Proceeds

              	
                Gain/Loss
                  on
                  Sale

              	
                Disposal
                  Date

              
	
                Oklahoma/Shawnee
                  sale

              	 	 	 	 	 	 	 
	
                Plant
                  Site
                  Improvements 200

              	
                644108

              	
                $808,983         
                  

              	
                $302,675         
                  

              	
                $506,308   
                  

              	
                ($750,00)

              	
                ($243,692)

              	
                1/30/2006

              
	
                PLT,
                  CMI
                  ASPHALT PLANT

              	
                642912

              	
                $899,114         
                  

              	
                $66,955         
                  

              	
                $832,159   
                  

              	
                ($1,664,400)

              	
                ($832,241)

              	
                1/30/2006

              
	 	 	 	 	 	 	 	 
	
                Virginia/Richmond
                  Sale

              	 	 	 	 	 	 	 
	
                PLANT
                  156
                  RICHMOND

              	
                90321500

              	
                $14,233         
                  

              	
              	
                $14,233

              	
                ($500,000)

              	
                ($485,767)

              	
                1/13/06

              
	
                Site
                  Development & Erection

              	
                632254

              	
                $565,000         
                  

              	
                $226,000         
                  

              	
                $339,000

              	
                ($520,000)

              	
                ($181,000)

              	
                1/13/06

              
	
                Rel
                  8’ Double
                  barrel Plant

              	
                632255

              	
                $1,905,391         
                  

              	
                $762,157         
                  

              	
                $1,143,234

              	
                ($2,100,000)

              	
                ($956,766)

              	
                1/13/06

              
	 	 	 	 	 	 	 	 
	
                MacDougald
                  Construction

              	 	 	 	 	 	 	 
	
                Track
                  B, 28.37
                  acres

              	
                654319

              	
                $104,713         
                  

              	
                $0         
                  

              	
                $104,713

              	
                ($9,500,000)

              	
                ($9,395,287)

              	
                12/25/2005

              
	
                Division
                  Port
                  Cobb Drive

              	
                90282600

              	
                $46,507         
                  

              	
                $0         
                  

              	
                $46,507

              	
                ($7,213,202)

              	
                ($7,166,695)

              	
                03/24/2006

              
	 	 	 	 	 	 	 	 
	
                Total:

              	 	
                $4,343,941         
                  

              	
                $1,357,787         
                  

              	
                $2,986,154

              	
                ($22,247,602)

              	
                ($19,261,448)

              	
              

      

    

     

    

    Lease
      Terminations Since September 30, 2005

     

    None.

     

     

    
      
        
        

      

      
        13

        
          

        

      

      
        Table
          of Contents

      

    

     

    
Schedule
      3.07:

    Intellectual
      Property

     

    Patents
      held by APAC, Inc.

     

    
      	
              1)

            	
              U.S.
                Patent for Asphalt Loading Safety System Control Circuit (Patent
                Number:
                6,196,279 B1; Date of Patent: March 6,
                2001)

            

    

     

    
      	
              2)

            	
              U.S.
                Patent for Asphalt Loading Safety System (Patent Number: 6,006,796;
                Date
                of Patent: December 28, 1999)

            

    

     

    
      	
              3)

            	
              U.S.
                Patent for Bituminous Paving Depth Gauge (Patent Number: 6,298,574
                B1;
                Date of Patent: October 9, 2001.) Owner listed on the Patent as APAC
                Inc.
                (no comma).

            

    

     

    
      	
              4)

            	
              U.S.
                Patent for Dryer Moisture Indicator (Patent Number: 6,655,043; Date
                of
                Registration: December 2, 2003). Owner listed in USPTO database as
                APAC
                Inc. (no comma).

            

    

     

    
      	
              5)

            	
              U.S.
                Patent for Front End Loader Retractable Attachment (Patent Number
                6,729,051; Date of Registration: May 4, 2004). Owner listed in USPTO
                database as APAC Inc. (no comma).

            

    

     

    Pending
      Patent Applications by APAC, Inc.

     

    
      	
              1)

            	
              No.
                09/817872, “RADAR DETECTOR FALSE ALARM”, filed March 27,
                2001

            

    

     

    
      	
              2)

            	
              No.
                10/151797, “METHOD AND APPARATUS FOR USING RECYCLED OIL AS FUEL”, filed
                March 24, 2002. An assignment to APAC (not APAC, Inc.) was filed
                with the
                patent application, but information regarding the owner of record
                is not
                yet publicly available.

            

    

     

    Trademarks
      held by APAC Holdings, Inc. / APAC, Inc.

     

    
      	
               

              Mark

            	
              Serial
                / Registration Number

            	
              Filing
                / Registration Date

            	
              Owner

            	
              Status

            	
              Status
                / Next Action

            
	
              APAC

            	
              1,242,292                
                

            	
              6/14/1983

            	
              APAC,
                Inc.

            	
              Registered

            	
              Renewal
                due 6/14/2013

            
	
              

            	
                
                2,389,985                
                

            	
              9/26/2000

            	
              APAC,
                Inc.

            	
              Registered

            	
              Declaration
                of Use due by
9/26/2006

            
	
              COUCH

            	
              2,667,930

            	
              12/31/2002

            	
              APAC
                
Holdings,
Inc.

            	
              Registered

            	
              Declaration
                of Use due between 12/31/2007 and 12/31/2008

               

            
	
              FROM
                CONCEPT THROUGH CONSTRUCTION AND BEYOND

            	
              2,758,738

            	
              9/2/2003

            	
              APAC,
                Inc.

            	
              Registered

            	
              Declaration
                of Use due between 9/2/2008 and 9/2/2009

            
	
              PAVING
                THE WAY TO THE FUTURE

            	
              2,751,114

            	
              8/12/2003

            	
              APAC,
                Inc.

            	
              Registered

            	
              Declaration
                of Use due between 8/12/2008 and
                8/12/2009

            

    

    

    
      
        
        

      

      
        14

        
          

        

      

      
        Table
          of Contents

      

    

     

     

    Schedule
      3.08:

    Contracts

     

    

    
      	
              1)

            	
              Employment
                or consulting agreements

            

    

     

    
      	 	
              a)

            	
              Consulting
                Agreement with Gordon B. Denton, dated March 21,
                2005

            

    

     

    
      	 	
              b)

            	
              Consulting
                Agreement with Otis A. Vaughn, dated January 25,
                2006

            

    

     

    
      	 	
              c)

            	
              Services
                Agreement between APAC, Inc. and William A. Ashley, dated March 23,
                1995

            

    

     

    
      	 	
              d)

            	
              Consulting
                Agreement between APAC, Inc. and Jack Wilcox, dated October 12,
                2005

            

    

     

    
      	 	
              e)

            	
              Consulting
                Agreement between APAC-Southeast, Inc. and Donald L. Conner dated
                May 19, 2005. (Central
                Florida)

            

    

     

    
      	 	
              f)

            	
              Services
                Agreement between APAC, Inc. and Kenneth E. Courtney, dated September
                1,
                1995

            

    

     

    
      	
              2)

            	
              Collective
                bargaining and other labor
                agreements

            

    

     

    
      	 	
              a)

            	
              Labor
                Agreement between MacDougald-Warren, Branch of Georgia Division,
                APAC-Southeast, Inc. and the International Union of Operating Engineers
                Local No. 926, dated July 1, 2006

            

    

     

    
      	 	
              b)

            	
              Labor
                Agreement between MacDougald-Warren, Branch of Atlanta Division,
                APAC-Georgia, Inc. and the Laborers International Union of North
                America,
                Local No. 438, dated January 1,
                2004

            

    

     

    
      	 	
              c)

            	
              Labor
                Agreement between APAC-Southeast, Inc., Alabama Division, Birmingham
                Branch, and International Union of Operating Engineers, Local No.
                312,
                effective April 1, 2005.

            

    

     

    
      	 	
              d)

            	
              Labor
                Agreement between Arkhola Sand and Gravel Company, a Division of
                APAC-Arkansas, Inc. and the Teamsters Local Union No. 516, affiliated
                with
                the International Brotherhood of Teamsters, AFL-CIO, effective January
                26,
                2004

            

    

     

    
      	 	
              e)

            	
              Labor
                Agreement between Arkola Sand and Gravel Company, a Division of
                APAC-Arkansas, Inc. and the Teamsters Local Union 373, affiliated
                with the
                International Brotherhood of Teamsters, AFL-CIO, effective April
                13,
                2005

            

    

     

    
      	 	
              f)

            	
              Labor
                Agreement between APAC-Southeast, Inc., First Coach Division, Savannah
                Branch and the International Union of Operating Engineers, Local
                Union No.
                474, dated April 1, 2006

            

    

     

    
      
        
        

      

      
        15

        
          

        

      

      
        Table
          of Contents

      

    

    
      	 	
              g)

            	
              Labor
                Agreement between APAC-Oklahoma, Inc., Oklahoma Division and the
                International Union of Operating Engineers, Local No. 627, AFL-CIO,
                dated
                April 1, 2005

            

    

     

    
      	 	
              h)

            	
              Labor
                Agreement between Operating Engineers, Hoisting & Portable Local Union
                No. 627 and the Oklahoma Commercial and industrial Builders and Steel
                Erectors Association, dated June 1,
                2005

            

    

     

    
      	 	
              i)

            	
              Labor
                Agreement between the Heavy Constructors Association of the Greater
                Kansas
                City Area and the Western Missouri and Kansas Laborers District Council,
                affiliated with the Laborers International Union of North America,
                American Federation of Labor, AFL-CIO, Local Union No. 1290 and Local
                Union No. 663, dated March 31, 2006

            

    

     

    
      	 	
              j)

            	
              Labor
                Agreement between the Heavy Constructors Association of the Greater
                Kansas
                City Area and Building Material, Excavating, Heavy Haulers, Drivers,
                Warehousemen and Helpers Local Union No. 541, affiliated with
                International Brotherhood of Teamsters, dated March 31,
                2006

            

    

     

    
      	 	
              k)

            	
              Labor
                Agreement between the Heavy Constructors Association of the Greater
                Kansas
                City Area and the International Union of Operating Engineers, Hoisting
                and
                Portable Local Union No. 101, affiliated with the AFL-CIO, dated
                March 31,
                2006

            

    

     

    
      	 	
              l)

            	
              Labor
                Agreement between the Heavy Constructors Association of the Greater
                Kansas
                City Area and Cement Masons Local Union No. 518, affiliated with
                American
                Federation of Labor, dated March 31,
                2006

            

    

     

    
      	 	
              m)

            	
              Labor
                Agreement between the Builders’ Association and the United Brotherhood of
                Carpenters and Joiners of America, Kansas City District Council,
                dated
                April 1, 2005, as amended March 15,
                2006

            

    

     

    
      	 	
              n)

            	
              Labor
                Agreement between the Builders’ Association and the International
                Association of Bridge, Structural & Ornamental Iron Workers Local
                Union No. 10, AFL-CIO, dated April 1, 2005, as amended August 10,
                2005 and
                April 1, 2006

            

    

     

    
      	 	
              o)

            	
              Labor
                Agreement between Associated General Contractors of Missouri and
                the
                International Union of Operating Engineers Local Union No. 101, dated
                May
                1, 2006

            

    

     

    
      	 	
              p)

            	
              Labor
                Agreement between the Associated General Contractors of Missouri
                and the
                Western Missouri and Kansas Laborers' District Council and their
                Affiliated Local Unions in the State of Missouri Dated May 1,
                2006

            

    

     

    
      	 	
              q)

            	
              Labor
                Agreement between the Associated General Contractors of Missouri
                and the
                United Brotherhood of Carpenters and Joiners and Its Affiliated Local
                Unions in the State of Missouri, dated May 1,
                2006

            

    

     

    
      	 	
              r)

            	
              Labor
                Agreement between the Associated General Contractors of Missouri
                and the
                Teamsters Joint Council No. 56 (Kansas City, MO), dated May 1,
                2006

            

    

     

    
      
        
        

      

      
        16

        
          

        

      

      
        Table
          of Contents

      

    

    
      	
              3)

            	
              Contracts
                with covenants not to compete

            

    

     

    
      	 	
              a)

            	
              Asset
                Purchase Agreement between APAC-Atlantic, Inc. (Seller) and Interstate
                Construction Corporation (Purchaser) dated January 13,
                2006.

            

    

     

    
      	 	
              b)

            	
              Asset
                Purchase Agreement between APAC-Oklahoma, Inc. (Seller) and Haskell
                Lemon
                Construction Co. (Purchaser) dated January 20,
                2006.

            

    

     

    
      	 	
              c)

            	
              Covenant
                Not to Compete Agreement dated July 29, 2003 between APAC-Missouri
                Materials, LLC to Concrete Acquisition,
                LLC.

            

    

     

    
      	 	
              d)

            	
              Asset
                Purchase Agreement dated February 12, 2004 by APAC-Atlantic, Inc.
                and
                Branscome, Inc.

            

    

     

    
      	 	
              e)

            	
              Covenant
                Not to Compete Agreement dated February 20, 2004 by APAC-Atlantic,
                Inc. to
                Blacklidge Emulsions, Inc.

            

    

     

    
      	 	
              f)

            	
              Covenant
                Not to Compete Agreement dated May 11, 2004 by APAC-Atlantic, Inc.
                to S
                & W Ready Mix Concrete Company.

            

    

     

    
      	 	
              g)

            	
              Covenant
                Not to Compete Agreement dated May 10, 2004 by APAC-Atlantic, Inc.
                to
                Southern Equipment Company, Inc.

            

    

     

    
      	 	
              h)

            	
              Covenant
                Not to Compete Agreement dated May 21, 2004 by APAC-Oklahoma, Inc.
                and
                Vision Ready Mix, Inc.

            

    

     

    
      	 	
              i)

            	
              Covenant
                Not to Compete Agreement dated February 8, 2005 between APAC-Mississippi,
                Inc. and MMC Materials, Inc.

            

    

     

    
      	 	
              j)

            	
              Covenant
                Not to Compete Agreement dated July 29, 2003 between APAC-Missouri
                Materials LLC and LaFarge Ready Mix
                LLC

            

    

     

    
      	
              4)

            	
              Contracts
                with respect to any disposition/acquisition containing a ROFR or
                similar
                right or for consideration in excess of
                $500,000:

            

    

     

    
      	 	
              a)

            	
              Purchase
                and Sale Agreement between APAC-Carolina, Inc. and HRS Terminals,
                Inc.,
                effective January 23, 2002

            

    

     

    
      	 	
              b)

            	
              Purchase
                and Sale Agreement between APAC-Tennessee
                and LoJac Enterprises,
                effective October 14, 2002

            

    

     

    
      	 	
              c)

            	
              Purchase
                and Sale Agreement between APAC-Southeast
                and Wedowee Quarry,
                effective July 20, 2005

            

    

     

    
      	
              5)

            	
              Lessor
                agreements with regard to real property with a potential future liability
                or receivable over $250,000
                annually

            

    

     

    
      	 	
              a)

            	
              Mineral
                Extraction Agreement between APAC-Southeast, Inc. and Vecellio &
                Grogan, Inc., dated January 3, 2005. (White
                Rock)

            

    

     

    
      
        
        

      

      
        17

        
          

        

      

      
        Table
          of Contents

      

    

    
      	 	
              b)

            	
              Plant
                Site Lease of Rocky Fork Quarry between APAC-Missouri, Inc. (Owner)
                and
                Con-Agg of MO, LLC., located at 6791 N. Hwy. VV, Columbia, MO 65202
                in
                Boone County. (Missouri)

            

    

     

    
      	 	
              c)

            	
              Sublease
                between Vulcan Materials Company and APAC-Alabama, Inc. dated January
                2,
                1986 for the Ohatchee Quarry, 586 McCullars Lane, Ohatchee, AL. (Alabama
                Division)

            

    

     

    
      	 	
              d)

            	
              Second
                Amended Lease Agreement dated May 1, 2005 between Martin Marietta
                Materials, Inc. and APAC-Southeast, Inc. for the Martin Marietta
                Aggregate
                Yard in Savannah, Georgia. The Second Amended Lease Agreement supplements
                the original Lease dated March 1, 1991, the Amendment to the Lease
                Agreement dated January 1, 1993, the Assignment of Lease and Consent
                dated
                November 12, 1993, and the Lease Assignment Agreement dated February
                24,
                1994. The initial term of the lease, as amended begins on May 1,
                2005 and
                continues through April 30, 2010. (First
                Coast)

            

    

     

    
      	
              6)

            	
              Lessor
                or Lessee agreements with regard to tangible personal property with
                a
                potential future liability or receivable over $250,000
                annually

            

    

     

    
      	 	
              a)

            	
              Barge
                Charter Agreement between Heartland Barge Management (Owner) and
                APAC-Tennessee, Inc. (Charterer) dated April 28, 2005 as Lessor and
                Heartland Barge Mgt as Lessee.

            

    

     

    
      	 	
              b)

            	
              Schedule
                to Master Bareboat Charter Agreement dated February 20, 2006 between
                Heartland Barge Management, LLC and APAC-Tennessee, Inc. The initial
                term
                expires on August 31, 2016.

            

    

     

    
      	 	
              c)

            	
              APAC-Tennessee,
                Inc. as Lessor and Heartland Barge Mgt See at Lessee for
                $1,277,500

            

    

     

    
      	 	
              d)

            	
              Barge
                Bareboat Charter between M/G Transport Services, Inc. (Owner) and
                APAC
                (Charterer) commencing May 1, 2005 and continuing for a period of
                four
                years.

            

    

     

    
      	 	
              e)

            	
              Barge
                Bareboat Charter between River System Logistics, Inc. and APAC-Tennessee,
                Inc. (Charterer) commencing on July 1, 2005 and continuing until
                June 30,
                2007.

            

    

     

    
      	 	
              f)

            	
              Barge
                Bareboat Charter dated March 21, 2005 between River System Logistics,
                Inc.
                and APAC-Tennessee, Inc. continuing until April 30,
                2007.

            

    

     

    
      	 	
              g)

            	
              Charter
                Agreement dated May 11, 2006 between APAC-Tennessee, Inc. (as Charterer)
                and J. Russell Flowers.

            

    

     

    
      	 	
              h)

            	
              Bareboat
                Barge Charter Agreement dated May 16, 2006 between APAC-Tennessee,
                Inc.
                (as Charterer) and J. Russell
                Flowers.

            

    

     

    
      	 	
              i)

            	
              Briggs
                Construction Equipment Purchase Option Rider to Equipment Rental
                Agreement
                with APAC-Southeast, Inc. dated March 30,
                2005.

            

    

     

    
      	 	
              j)

            	
              Fully
                Found Charter agreement between APAC-Tennessee, Inc. as Charterer,
                and
                Western Rivers Boat Management, Inc. as Owner, dated June 9,
                2006

            

    

     

    
      
        
        

      

      
        18

        
          

        

      

      
        Table
          of Contents

      

    

    
      	 	
              k)

            	
              Bareboat
                Charter Party Agreement between Olympic Marine Company (Owner) and
                APAC-Tennessee, Inc. (Charterer), dated May 11,
                2005.

            

    

     

    
      	
              7)

            	
              Indebtedness
                other than that of the types excluded in the description
                above

            

    

     

    None.

     

    
      	
              8)

            	
              Contracts
                under which another person has guaranteed the liabilities of a Transferred
                Company or under which a Transferred Company has guaranteed the
                liabilities of another person, in each case in excess of
                $500,000

            

    

     

    
      	 	
              a)

            	
              Asset
                Determination Authorization Agreement between Ashland, Inc. and Virginia
                Department of Transportation for APAC-Virginia, Inc., dated January
                2,
                2003

            

    

     

    
      	 	
              b)

            	
              Asset
                Determination Authorization Agreement between Ashland, Inc. and Alabama
                Department of Transportation for APAC-Florida, Inc., dated February
                9,
                2001

            

    

     

    
      	 	
              c)

            	
              Asset
                Determination Authorization Agreement between Ashland, Inc. and Alabama
                Department of Transportation for APAC-Alabama, Inc., dated February
                1,
                2001

            

    

     

    
      	 	
              d)

            	
              Guaranty
                and Indemnification Agreement between Ashland, Inc. and Pinellas
                County,
                Florida, dated June 6, 2003

            

    

     

    
      	 	
              e)

            	
              Guaranty
                Agreement between Ashland, Inc. and SCANA Energy Marketing, Inc.,
                dated
                April 25, 2006

            

    

     

    
      	 	
              f)

            	
              Guaranty
                Agreement between Ashland, Inc. and Senstar Finance Company, dated
                July 2,
                2001

            

    

     

    
      	 	
              g)

            	
              Guaranty
                Agreement between Ashland, Inc. and Flint Hills Resources LLC, dated
                September 27, 2005

            

    

     

    
      	 	
              h)

            	
              Guaranty
                Agreement between Ashland, Inc. and Hoar LLC, dated June 7,
                2005

            

    

     

    
      	 	
              i)

            	
              Guaranty
                of Lease Agreement between APAC-Southeast, Inc. and Lake Ridge I
                Associates, LLC, dated June 7, 2006

            

    

     

    
      	 	
              j)

            	
              Guaranty
                Agreement between Ashland Inc. and Truman Arnold Companies, dated
                April 1, 2006

            

    

     

    
      	 	
              k)

            	
              Guaranty
                Agreement between Ashland Inc. and Givens Investors LLC, dated August
                26,
                2004

            

    

     

    
      	
              9)

            	
              Contracts
                under which a Transferred Company has extended credit or made a loan
                to
                another person, in excess of
                $500,000

            

    

     

    None.

     

    
      
        
        

      

      
        19

        
          

        

      

      
        Table
          of Contents

      

    

    
 

    

      
        	
                10)

              	
                Contracts
                  for the provision of goods and services by any Transferred Company
                  or from
                  third parties to any Transferred Company, in each case involving
                  consideration in excess of $3,000,000 or containing a right of
                  first
                  refusal or similar right

              

      

       

      
        	 	
                a)

              	
                Master
                  Purchase Agreement between Ashland, Inc. and Airgas, Inc., effective
                  September 1, 2004

              

      

       

      
        	 	
                b)

              	
                Offer
                  letter addressed to Mike Gothard of APAC, Inc. from Associated
                  Asphalt,
                  dated September 22, 2005

              

      

       

      
        	 	
                c)

              	
                Bandag
                  Fleet Sales Agreement between Ashland, Inc. (Fleet) and Bandag
                  Incorporated, effective September 3, 2002, amended March 3,
                  2005

              

      

       

      
        	 	
                d)

              	
                Master
                  Purchase Agreement between Ashland, Inc. and Bridgestone, effective
                  September 5, 2002, amended August 18,
                  2004

              

      

       

      
        	 	
                e)

              	
                Corporate
                  Procurement Agreement between Ashland, Inc. and Bucyrus Blades,
                  Inc.,
                  dated October 6, 2003, amended effective August 1,
                  2005

              

      

       

      
        	 	
                f)

              	
                Civil
                  Equipment Agreement between APAC, Inc. and Caterpillar, effective
                  May 1,
                  2004

              

      

       

      
        	 	
                g)

              	
                Cintas
                  Corporation and Ashland Inc.—Multiple Location Rental Account Agreement
                  dated December 8, 2000 and Addendums of January 1, 2001, September
                  25,
                  2001, November 30, 2005, and December 20,
                  2005

              

      

       

      
        	 	
                h)

              	
                Liquid
                  Asphalt Purchase Agreement between APAC, Inc. and CITGO, effective
                  October 1, 2005

              

      

       

      
        	 	
                i)

              	
                Strategic
                  Account Agreement between Ashland Inc. and Corporate Express Office
                  Products, Inc., effective January 4,
                  2002

              

      

       

      
        	 	
                j)

              	
                Letter
                  Agreement between Ashland, Inc. and DaimlerChrysler regarding the
                  Volume
                  Incentive Program dated August 25,
                  2004

              

      

       

      
        	 	
                k)

              	
                Corporate
                  Procurement Agreement between Ashland, Inc. and Donaldson Company,
                  Inc.,
                  dated August 1, 2003, amended September 27,
                  2005

              

      

       

      
        	 	
                l)

              	
                Letter
                  Agreement between APAC, Inc. and E. D. Etnyre & Co., dated November
                  18, 2005

              

      

       

      
        	 	
                m)

              	
                Services
                  Agreement between Ashland Inc. and Express Services, Inc., effective
                  February 24, 2004

              

      

       

      
        
          	 	
                  n)

                	
                  Purchase
                    Agreement between Ashland, Inc. and Fastenal Company, dated June
                    21,
                    2001

                

        

         

         

      

    

    
      
        
          
          

        

        
          20

          
            

          

        

        
          Table
            of Contents

        

      

    

     

     

    
      
        	 	
                o)

              	
                Corporate
                  Pricing Program Agreement between Federal Express Corporation and
                  Ashland
                  Inc., dated July 29, 2004, amended by Pricing Agreement Amendment,
                  effective August 31, 2005

              

      

       

      
        	 	
                p)

              	
                Consulting
                  Agreement between Ashland Inc. and FEI Behavioral Health dated
                  October 1, 2002

              

      

       

      
        	 	
                q)

              	
                National
                  Account Agreement between Ashland Inc. and Ferrellgas, accepted
                  as of
                  May 21, 2003

              

      

       

      
        	 	
                r)

              	
                Competitive
                  Assistance Program between Ashland/APAC and General Motors Fleet
                  and
                  Commercial Operations, accepted September 17,
                  2004

              

      

       

      
        	 	
                s)

              	
                Master
                  Purchase Agreement between Ashland, Inc. and Goodyear Tire & Rubber
                  Company, dated December 19, 2002 and amended by Addendum effective
                  January
                  1, 2005

              

      

       

      
        	 	
                t)

              	
                Letter
                  of Understanding between Ashland Inc. and Grainger Industrial Supply,
                  a
                  division of W.W. Grainger, Inc., dated July 1,
                  2005

              

      

       

      
        	 	
                u)

              	
                Master
                  Rental Agreement between Ashland, Inc. and Hertz, dated January
                  21, 2003,
                  amended November 2004

              

      

       

      
        	 	
                v)

              	
                Corporate
                  Procurement Agreement between Ashland, Inc. and Ingersoll-Rand
                  Company,
                  effective October 30, 2003

              

      

       

      
        	 	
                w)

              	
                Parts
                  Supply Agreement between APAC, Inc. and Ingersoll-Rand Company,
                  effective
                  September 1, 2003

              

      

       

      
        	 	
                x)

              	
                Corporate
                  Procurement Agreement between Ashland, Inc. and Interstate Battery,
                  dated
                  March 21, 2005

              

      

       

      
        	 	
                y)

              	
                Pricing
                  agreement between APAC, Inc. and Iron Horse Safety Specialties,
                  as of
                  March 6, 2003

              

      

       

      
        	 	
                z)

              	
                JP
                  Morgan - Commercial Card Agreement between Bank One, NA and Ashland
                  Inc.
                  dated May 20, 2002

              

      

       

      
        	 	
                aa)

              	
                Master
                  Purchase Agreement between Ashland Inc. and Kawasaki Construction
                  Machinery Corporation of America, effective March 1, 2003, and
                  Amendment
                  dated September 5, 2004

              

      

       

      
        	 	
                bb)

              	
                Master
                  Services Agreement and Subordinate Agreement, including amendments,
                  between Ashland Inc. and Kelly Services, Inc., effective January
                  1,
                  2000

              

      

       

      
        	 	
                cc)

              	
                Corporate
                  Procurement Agreement between Ashland, Inc. and Komatsu
                  America Corp.,
                  effective May 1, 2004

              

      

       

       

    

    
      
        
        

      

      
        21

        
          

        

      

      
        Table
          of Contents

      

    

     

    

      
        	 	
                dd)

              	
                Asphalt
                  Purchase Agreement between APAC, Inc. and Marathon Petroleum Company
                  LLC,
                  entered into October 1, 2005

              

      

       

      
        	 	
                ee)

              	
                Corporate
                  Procurement Agreement between Ashland, Inc. and Menardi-Mikropul,
                  LLC
                  (Baghouses), effective July 1, 2005

              

      

       

      
        	 	
                ff)

              	
                Master
                  Purchase Agreement between Ashland Inc. and Motion Industries,
                  Inc.,
                  effective January 15, 2005

              

      

       

      
        	 	
                gg)

              	
                Purchase
                  Agreement between Ashland Inc. and New Pig Corporation, dated July
                  31,
                  2002

              

      

       

      
        	 	
                hh)

              	
                Supply
                  Contract between Noble Oil Services, Inc. and APAC, Inc., dated
                  June 1,
                  2006

              

      

       

      
        	 	
                ii)

              	
                Agreement
                  between The Relizon Company and Ashland Inc., dated February 12,
                  2004 Name
                  changed to WorkflowOne, as provided in letter dated July 17,
                  2006

              

      

       

      
        	 	
                jj)

              	
                Corporate
                  Procurement Agreement between Ashland, Inc. and Roadtec, Inc.,
                  effective
                  January 8, 2004

              

      

       

      
        	 	
                kk)

              	
                Recycled
                  Fuel Oil Supply Agreement between APAC, Inc. and Safety-Kleen Systems,
                  Inc., dated April 6, 2006

              

      

       

      
        	 	
                ll)

              	
                Corporate
                  Procurement Agreement between Ashland, Inc. and Sakai America,
                  Inc.,
                  effective October 30, 2003

              

      

       

      
        	 	
                mm)

              	
                Letter
                  addressed to Michael Gothard of APAC, Inc. from SemMaterials, L.P.,
                  dated
                  November 29, 2005, confirms terms of APAC's 2006 liquid asphalt
                  supply plan

              

      

       

      
        	 	
                nn)

              	
                Supply
                  Agreement between Ashland, Inc. and Truman Arnold Companies, effective
                  March 1, 2006

              

      

       

      
        	 	
                oo)

              	
                Addendum
                  to Carrier Agreement between Ashland Inc. and United Parcel
                  Service, Inc., dated May 30,
                  2003

              

      

       

      
        	 	
                pp)

              	
                Electronic
                  Data Access and Exchange Agreement between APAC, Inc. and United
                  Parcel
                  Service General Services Co., dated May 5,
                  2006

              

      

       

      
        	 	
                qq)

              	
                Supply
                  Agreement between APAC, Inc. and US Filter Recovery Services
                  (Mid-Atlantic), Inc., dated August 1,
                  2006

              

      

       

      
        	 	
                rr)

              	
                Master
                  Services Agreement between Ashland Inc. and Verifications, Inc.,
                  dated
                  June 24, 2004

              

      

       

      
        	 	
                ss)

              	
                Wright
                  Express Business Charge Account Agreement between Ashland, Inc.
                  and Wright
                  Express Financial Services Corporation, dated August 13, 2002,
                  amended
                  August 16, 2005, and March 31, 2006

              

      

       

    

     

    
      
        
          
          

        

        
          22

          
            

          

        

        
          Table
            of Contents

        

      

    

     

     

    
      
        	 	
                tt)

              	
                Extension
                  to First Amendment For National Agreement between Ashland Inc.
                  and Zee
                  Medical, Inc., dated July 18, 2005

              

      

       

      
        	 	
                uu)

              	
                Services
                  Agreement between APAC, Inc. and APAC-Arkansas, Inc., dated October
                  1,
                  2002

              

      

       

      
        	 	
                vv)

              	
                Services
                  Agreement between APAC, Inc. and APAC-Kansas, Inc., dated October
                  1,
                  2002

              

      

       

      
        	 	
                ww)

              	
                Services
                  Agreement between APAC, Inc. and APAC-Oklahoma, Inc., dated October
                  1,
                  2002

              

      

       

      
        	 	
                xx)

              	
                Services
                  Agreement between APAC, Inc. and APAC-Texas, Inc., dated October
                  1,
                  2002

              

      

       

      
        	 	
                yy)

              	
                Services
                  Agreement between APAC, Inc. and APAC-Missouri, Inc., dated January
                  23,
                  1998

              

      

       

      
        	 	
                zz)

              	
                Services
                  Agreement between APAC, Inc. and APAC-Mississippi, Inc., dated
                  October 1,
                  2002

              

      

       

      aaa) Services
        Agreement between APAC, Inc. and APAC-Tennessee, Inc., dated October 1,
        2002

       

      bbb) Services
        Agreement between APAC, Inc. and APAC-Georgia, Inc., dated October 1,
        2002

       

      ccc) Services
        Agreement between APAC, Inc. and APAC-Carolina, Inc., dated October 1,
        2002

       

      ddd) See
        attached list for obligations of the Transferred Companies to complete certain
        jobs (jobs with more than $1 million of work left). Note that, with Highway
        62
        Job (McClinton-Anchor Division), the Arkansas Highway Transportation Division
        did not obtain the required easements for this project, causing a 10-month
        delay
        in the construction schedule thus far. The asphaltic cement supplier has
        defaulted on its contract on this project and other suppliers are suggesting
        default. APAC is attempting to get the Arkansas Highway Transportation Division
        to relieve it and other suppliers from this project due to the unreasonable
        delays.

       

    

    
      	
              11)

            	
              Contract
                for the purchase or sale of any asset of a Transferred Company, other
                than
                in the ordinary course of business

            

    

     

         None.

     

    
      	
              12)

            	
              Hedging
                instrument, currency exchange, interest rate exchange, commodity
                exchange
                or similar Contracts

            

    

     

     

    
      
        
        

      

      
        23

        
          

        

      

      
        Table
          of Contents

      

    

    None.
       APAC
      benefits from hedging agreements in Ashland, Inc.’s name that will be closed out
      at or prior or Closing.

     

    
      	
              13)

            	
              Contracts
                for any joint venture, partnership or similar
                arrangement

            

    

     

    
      	 	
              a)

            	
              Joint
                Venture Agreement between APAC-Mississippi, Inc. and Superior Asphalt,
                Inc., dated April, 20, 2006

            

    

     

    
      	 	
              b)

            	
              Joint
                Venture Agreement between APAC-Southeast, Inc. and Swing Construction
                Company, Inc., dated January 11,
                2005

            

    

     

    
      	 	
              c)

            	
              Joint
                Venture Agreement between APAC-Southeast, Inc. and C.W. Matthews
                Contracting Co., Inc., dated July 18,
                2005

            

    

     

    
      	 	
              d)

            	
              Joint
                Venture Agreement between APAC-Southeast, Inc. and C.W. Matthews
                Contracting Co., Inc., dated October 4,
                2005

            

    

     

    
      	 	
              e)

            	
              Joint
                Venture Agreement between APAC-Southeast, Inc. and McInnis, LLC,
                dated
                August 27, 2004

            

    

     

    
      	 	
              f)

            	
              Pre-Bid
                and Joint Venture Agreement between APAC-Southeast, Inc. and Granite
                Construction Company, dated January 24,
                2005

            

    

     

    
      	 	
              g)

            	
              Operating
                Agreement for Parkway Goup LLC between Washington Group International,
                Inc., APAC-Southeast, Inc., C.W. Matthews Contracting Co., Inc.,
                and E.R.
                Snell Contractor, Inc., effective January 16,
                2004

            

    

     

    
      	 	
              h)

            	
              Operating
                Agreement for 5R Constructors, LLC between C.W. Matthews Contracting
                Co.,
                Inc., APAC-Georgia, Inc., and Michael Thrasher Trucking Co., dated
                April
                10, 2001

            

    

     

    
      	
              14)

            	
              Contracts
                that create an obligation on the part of any Transferred Company
                in excess
                of $3,000,000 that cannot be cancelled without penalty or further
                payment
                and without more than 90 days
                notice

            

    

     

    See
      the
      job contracts over $3,000,000 in the attached lists referred to in 10(ddd)
      above.

     

     

    
      
        
        

      

      
        24

        
          

        

      

      
        Table
          of Contents

      

    

     

    
       

      Schedule
        3.08

      Open
        Jobs
        $1m   8.17.06

       

      

        
          	
                  Div.
                    No.

                	
                  Division
                    Name

                	
                  Job
                    No.

                	
                  Job
                    Description

                	
                  Contract
                    Backlog

                	
                  Customer
                    Address Book No.

                	
                  Customer
                    Name

                
	
                  41

                	
                  COASTAL
                    CAROLINA

                	
                  413534

                	
                  ACTUS-TARAWA
                    TERRACE

                	
                  $1,000,606
                    

                	
                  11743361

                	
                  ACTUS
                    LEND
                    LEASE, LLC

                
	
                  49

                	
                  HARRISON

                	
                  493442

                	
                  411
                    Wal-Mart
                    Maryvil

                	
                  1,004,072
                    

                	
                  11786029

                	
                  DBS
                    CORPORATION JOB#3442

                
	
                  69

                	
                  SHEARS

                	
                  693059

                	
                  2006
                    MILL
                    & OVLY HAR

                	
                  1,009,178
                    

                	
                  51082754

                	
                  HARVEY
                    COUNTY

                
	
                  71

                	
                  MISSISSIPPI

                	
                  712804

                	
                  DR-Sunflower
                    County

                	
                  1,012,696
                    

                	
                  50027313

                	
                  MS
                    DEPT. OF
                    TRANSPORTATION

                
	
                  58

                	
                  BUSTER

                	
                  582244

                	
                  MILLER
                    - SH
                    245 - 03

                	
                  1,024,218
                    

                	
                  51116686

                	
                  SOUTHERN
                    PAVERS INC.

                
	
                  45

                	
                  ALABAMA

                	
                  453597

                	
                  AL
                    BRIDGE
                    BR-0229(50

                	
                  1,025,106
                    

                	
                  50036327

                	
                  ALABAMA
                    BRIDGE BUILDERS

                
	
                  88

                	
                  CHARLOTTE

                	
                  882254

                	
                  THE
                    CHIMNEYS-PH. 1&2

                	
                  1,026,957
                    

                	
                  51101994

                	
                  PARAMOUNT
                    GRADING

                
	
                  69

                	
                  SHEARS

                	
                  693048

                	
                  Dodge
                    City
                    Airport

                	
                  1,027,190
                    

                	
                  51085661

                	
                  CITY
                    OF
                    HUTCHINSON

                
	
                  20

                	
                  MCCLINTON
                    ANCHOR

                	
                  202552

                	
                  Old
                    Wire Road
                    / Cty

                	
                  1,030,094
                    

                	
                  50001343

                	
                  CITY
                    OF
                    ROGERS

                
	
                  48

                	
                  ASHEVILLE

                	
                  482259

                	
                  GRACE
                    HOSPITAL

                	
                  1,031,684
                    

                	
                  50001330

                	
                  THE
                    ROBINS
                    & MORTON GROUP

                
	
                  28

                	
                  VIRGINIA

                	
                  283289

                	
                  RJS-PRESIDENTS
                    POINT

                	
                  1,033,800
                    

                	
                  51115334

                	
                  R
                    J SMITH
                    CONSTRUCTION

                
	
                  45

                	
                  ALABAMA

                	
                  453997

                	
                  ALDOT
                    99-302-473-237

                	
                  1,036,017
                    

                	
                  50036381

                	
                  ALA.
                    DEPT OF
                    TRANS-ACCOUNTING

                
	
                  60

                	
                  MISSOURI

                	
                  602857

                	
                  RTE
                    I-70
                    JACKSON/LAF

                	
                  1,037,916
                    

                	
                  50018937

                	
                  MODOT
                    - NO
                    FOB!

                
	
                  60

                	
                  MISSOURI

                	
                  603110

                	
                  CAMDENTON
                    HIGH SCHOO

                	
                  1,041,166
                    

                	
                  50051482

                	
                  CAMDENTON
                    R-111 SCHOOL

                
	
                  48

                	
                  ASHEVILLE

                	
                  482322

                	
                  WALMART
                    -
                    CONOVER, N

                	
                  1,042,352
                    

                	
                  50054057

                	
                  JOHN
                    S CLARK
                    COMPANY, INC.

                
	
                  42

                	
                  THOMPSON
                    ARTHUR

                	
                  423029

                	
                  C201529
                    Guilford NC

                	
                  1,047,835
                    

                	
                  50017178

                	
                  NC
                    DEPT OF
                    TRANSPORTATION

                
	
                  42

                	
                  THOMPSON
                    ARTHUR

                	
                  423803

                	
                  FORSYTH
                    COUNTY I, II

                	
                  1,065,823
                    

                	
                  50017178

                	
                  NC
                    DEPT OF
                    TRANSPORTATION

                
	
                  41

                	
                  COASTAL
                    CAROLINA

                	
                  412622

                	
                  NCDOT
                    New
                    Hanover US

                	
                  1,071,688
                    

                	
                  50013259

                	
                  NCDOT

                
	
                  44

                	
                  MACDOUGALD
                    CONSTRUCTION

                	
                  442274

                	
                  AMT
                    Test
                    Site

                	
                  1,074,420
                    

                	
                  11782693

                	
                  AMERICAN
                    MAGLEY TECHONOLOGIES,

                
	
                  69

                	
                  SHEARS

                	
                  692967

                	
                  Ellis
                    Co 26 U
                    1896-0

                	
                  1,077,791
                    

                	
                  11694909

                	
                  KDOT
                    ELLIS
                    #2967 U1896-01

                
	
                  43

                	
                  GEORGIA

                	
                  433375

                	
                  Dekalb
                    County
                    Call #

                	
                  1,084,275
                    

                	
                  50025779

                	
                  STATE
                    OF
                    GEORGIA DOT

                
	
                  42

                	
                  THOMPSON
                    ARTHUR

                	
                  423042

                	
                  P
                    O
                    #3600015760 Stok

                	
                  1,085,971
                    

                	
                  50017178

                	
                  NC
                    DEPT. OF
                    TRANSPORTATION

                
	
                  21

                	
                  SOUTHERN
                    FLORIDA

                	
                  213308

                	
                  SARASOTA
                    CTY
                    1ST INC

                	
                  1,101,865
                    

                	
                  50002548

                	
                  SARASOTA
                    COUNTY FINANCE

                
	
                  43

                	
                  GEORGIA

                	
                  433298

                	
                  SR
                    34
                    Widening

                	
                  1,104,326
                    

                	
                  50025779

                	
                  STATE
                    OF
                    GEORGIA DOT

                
	
                  77

                	
                  FIRST
                    COAST

                	
                  773012

                	
                  SR
                    222 (39th
                    Ave) Al

                	
                  1,117,108
                    

                	
                  51022391

                	
                  FLORIDA
                    DEPARTMENT OF TRANSPORTATION

                
	
                  48

                	
                  ASHEVILLE

                	
                  482277

                	
                  74
                    CORPORATE
                    CENTER

                	
                  1,127,513
                    

                	
                  11631318

                	
                  RUTHERFORD
                    COUNTY

                
	
                  42

                	
                  THOMPSON
                    ARTHUR

                	
                  423069

                	
                  Century
                    Park
                    Dam

                	
                  1,138,236
                    

                	
                  50017051

                	
                  TOWN
                    OF
                    KERNERSVILLE

                
	
                  42

                	
                  THOMPSON
                    ARTHUR

                	
                  423025

                	
                  Randolph
                    Resurf. C20

                	
                  1,138,491
                    

                	
                  50017178

                	
                  NC
                    DEPT OF
                    TRANSPORTATION

                
	
                  71

                	
                  MISSISSIPPI

                	
                  713843

                	
                  WW-Cliff
                    Gookin Blvd

                	
                  1,147,134
                    

                	
                  50004072

                	
                  CITY
                    OF
                    TUPELO

                
	
                  43

                	
                  GEORGIA

                	
                  433311

                	
                  Walt
                    Stephens/Speer

                	
                  1,151,255
                    

                	
                  51008092

                	
                  HENRY
                    COUNTY
                    DOT

                
	
                  20

                	
                  MCCLINTON
                    ANCHOR

                	
                  203171

                	
                  AHD-HWY71B/I540WRgrs

                	
                  1,154,001
                    

                	
                  50000354

                	
                  ARKANSAS
                    HIGHWAY DEPARTMENT

                
	
                  69

                	
                  SHEARS

                	
                  693046

                	
                  Reverse
                    Osmosis Well

                	
                  1,156,666
                    

                	
                  51085661

                	
                  CITY
                    OF
                    HUTCHINSON

                
	
                  33

                	
                  GULF
                    COAST

                	
                  333776

                	
                  Aircraft
                    Maint-BD/MH

                	
                  1,159,445
                    

                	
                  51023869

                	
                  BATES
                    ENGINEERS/CONTRACTORS, I

                
	
                  25

                	
                  TROTTI
&
                    THOMPSON

                	
                  252842

                	
                  Hardin
                    County
                    US 69

                	
                  1,160,942
                    

                	
                  50019325

                	
                  TEXAS
                    HIGHWAY
                    DEPT

                
	
                  45

                	
                  ALABAMA

                	
                  453558

                	
                  ALDOT
                    NHF-0056(500)

                	
                  1,170,235
                    

                	
                  11384214

                	
                  MCINNIS
                    LLC
                    & APAC-SOUTHEAST, INC.

                
	
                  21

                	
                  SOUTHERN
                    FLORIDA

                	
                  213309

                	
                  OLD
                    TAMPA
                    ROAD-MANAT

                	
                  1,172,007
                    

                	
                  50002307

                	
                  MANATEE
                    COUNTY FINANCE

                
	
                  42

                	
                  THOMPSON
                    ARTHUR

                	
                  423032

                	
                  C201537
                    ALAMANCE I-8

                	
                  1,174,002
                    

                	
                  50017178

                	
                  NC
                    DEPT OF
                    TRANSPORTATION

                
	
                  75

                	
                  CENTRAL
                    FLORIDA

                	
                  752350

                	
                  MCD
                    So Apron
                    Storm S

                	
                  1,176,094
                    

                	
                  51006526

                	
                  DAVID
                    NELSON
                    CONSTRUCTION

                
	
                  58

                	
                  BUSTER

                	
                  582247

                	
                  POLK
                    CO -
                    040473 - H

                	
                  1,184,038
                    

                	
                  51114302

                	
                  ARKANSAS
                    ST
                    HWY & TRANS DEPT

                
	
                  75

                	
                  CENTRAL
                    FLORIDA

                	
                  752950

                	
                  Deltona
                    Wal-Mart #33

                	
                  1,200,019
                    

                	
                  50020997

                	
                  LUNDQUIST
                    EXCAVATING INC

                

        

         

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

         

         

         

        
          	
                  60

                	
                  MISSOURI

                	
                  602852

                	
                  RTE
                    W/Z
                    JOHNSON/LAFA

                	
                  1,205,705
                    

                	
                  60

                	
                  APAC-MISSOURI,
                    INC (60)

                
	
                  44

                	
                  MACDOUGALD
                    CONSTRUCTION

                	
                  442248

                	
                  Carroll
                    Heard
                    County

                	
                  1,207,976
                    

                	
                  51109110

                	
                  MC442248
                    SR 1
                    / US 27 WIDENIN

                
	
                  21

                	
                  SOUTHERN
                    FLORIDA

                	
                  212692

                	
                  SR
                    80
                    #195606-2-52-0

                	
                  1,224,601
                    

                	
                  50002068

                	
                  FLORIDA
                    STATE
                    DOT

                
	
                  43

                	
                  GEORGIA

                	
                  433286

                	
                  SR
                    85 &
                    US19/41 Mill

                	
                  1,249,227
                    

                	
                  50025779

                	
                  STATE
                    OF
                    GEORGIA DOT

                
	
                  60

                	
                  MISSOURI

                	
                  603146

                	
                  RTE
                    5 CAMDEN
                    J5P0590

                	
                  1,258,197
                    

                	
                  51116289

                	
                  MC
                    ANINCH

                
	
                  47

                	
                  MEMPHIS

                	
                  472987

                	
                  RESFC
                    MPHS
                    STREETS -

                	
                  1,262,826
                    

                	
                  50043304

                	
                  CITY
                    OF
                    MEMPHIS

                
	
                  45

                	
                  ALABAMA

                	
                  453996

                	
                  ALDOT
                    STPSA-0172(500

                	
                  1,263,900
                    

                	
                  50036381

                	
                  ALA.
                    DEPT OF
                    TRANS-ACCOUNTING

                
	
                  75

                	
                  CENTRAL
                    FLORIDA

                	
                  752284

                	
                  SR
                    688
                    Ulmerton Rd

                	
                  1,264,027
                    

                	
                  51005259

                	
                  CENTRAL
                    FLORIDA EXCAVATING

                
	
                  69

                	
                  SHEARS

                	
                  692981

                	
                  Haskell
                    KDOT
                    83-41 K

                	
                  1,265,083
                    

                	
                  11733496

                	
                  KDOT
                    HASKELL
                    #2981 KA 0237-01

                
	
                  33

                	
                  GULF
                    COAST

                	
                  332277

                	
                  Airfield
                    Repairs- Sa

                	
                  1,266,127
                    

                	
                  50058314

                	
                  PENSACOLA
                    NAS

                
	
                  41

                	
                  COASTAL
                    CAROLINA

                	
                  413336

                	
                  NCDOT
                    Brunswick NC 2

                	
                  1,267,118
                    

                	
                  50013259

                	
                  NCDOT

                
	
                  47

                	
                  MEMPHIS

                	
                  472939

                	
                  Gilmore
                    Interchange

                	
                  1,272,511
                    

                	
                  50043041

                	
                  ARKANSAS
                    HIGHWAY & TRANS DEPT

                
	
                  69

                	
                  SHEARS

                	
                  693002

                	
                  Golden
                    Belt
                    Estates

                	
                  1,273,276
                    

                	
                  51082775

                	
                  CITY
                    OF
                    HAYS

                
	
                  25

                	
                  TROTTI
&
                    THOMPSON

                	
                  252868

                	
                  TXDOT
                    Jeff Co
                    SH 87

                	
                  1,273,589
                    

                	
                  50019325

                	
                  TEXAS
                    HIGHWAY
                    DEPT

                
	
                  49

                	
                  HARRISON

                	
                  493440

                	
                  Warren
                    County
                    In Pla

                	
                  1,275,584
                    

                	
                  51106446

                	
                  WARREN
                    CO HWY
                    DEPT

                
	
                  42

                	
                  THOMPSON
                    ARTHUR

                	
                  423014

                	
                  Hanes
                    Mall
                    Blvd Brid

                	
                  1,288,170
                    

                	
                  51094447

                	
                  DANE
                    CONSTRUCTION COMPANY

                
	
                  40

                	
                  OKLAHOMA

                	
                  402706

                	
                  STP-173B(056)IG/STPG

                	
                  1,294,786
                    

                	
                  50007748

                	
                  ODOT
                    TULSA
                    DIV. 8

                
	
                  33

                	
                  GULF
                    COAST

                	
                  332249

                	
                  Fort
                    Pickens
                    Road (S

                	
                  1,295,306
                    

                	
                  50043810

                	
                  SANTA
                    ROSA
                    ISLAND AUTHORITY

                
	
                  20

                	
                  MCCLINTON
                    ANCHOR

                	
                  203185

                	
                  AHD-Hwy62
                    3
                    Bridges/

                	
                  1,297,285
                    

                	
                  50000354

                	
                  ARKANSAS
                    HIGHWAY DEPARTMENT

                
	
                  60

                	
                  MISSOURI

                	
                  602853

                	
                  RTE
                    63 TEXAS
                    J9P0522

                	
                  1,299,062
                    

                	
                  50018937

                	
                  MODOT
                    - NO
                    FOB!

                
	
                  21

                	
                  SOUTHERN
                    FLORIDA

                	
                  212298

                	
                  Frank
                    C
                    Martin Eleme

                	
                  1,301,185
                    

                	
                  51105358

                	
                  HEWETT-KIER
                    CONSTRUCTION, INC.

                
	
                  71

                	
                  MISSISSIPPI

                	
                  712444

                	
                  PT-Marion
                    County MS

                	
                  1,304,037
                    

                	
                  50027313

                	
                  MS
                    DEPT. OF
                    TRANSPORTATION

                
	
                  42

                	
                  THOMPSON
                    ARTHUR

                	
                  423041

                	
                  NCDOT
                    FORSYTH
                    VARIOU

                	
                  1,304,073
                    

                	
                  50017178

                	
                  NC
                    DEPT OF
                    TRANSPORTATION

                
	
                  21

                	
                  SOUTHERN
                    FLORIDA

                	
                  212270

                	
                  COPANS
                    ROAD

                	
                  1,306,001
                    

                	
                  51032474

                	
                  BROWARD
                    COUNTY ENGINEERING DIV

                
	
                  60

                	
                  MISSOURI

                	
                  602700

                	
                  SPFLD/BRANSON
                    AIRPOR

                	
                  1,308,644
                    

                	
                  51116289

                	
                  MC
                    ANINCH

                
	
                  42

                	
                  THOMPSON
                    ARTHUR

                	
                  423890

                	
                  NCDOT
                    C201343
                    FORSYT

                	
                  1,316,587
                    

                	
                  50017178

                	
                  NC
                    DEPT OF
                    TRANSPORTATION

                
	
                  75

                	
                  CENTRAL
                    FLORIDA

                	
                  752328

                	
                  SR
                    45 (US 41)
                    Bullfr

                	
                  1,328,527
                    

                	
                  51005740

                	
                  FLORIDA
                    DEPARTMENT OF TRANSPOR

                
	
                  75

                	
                  CENTRAL
                    FLORIDA

                	
                  752348

                	
                  I-75
                    SR 45 to
                    Cypres

                	
                  1,336,214
                    

                	
                  51005174

                	
                  HUBBARD
                    CONSTRUCTION

                
	
                  41

                	
                  COASTAL
                    CAROLINA

                	
                  413339

                	
                  UNITD
                    CONTR-4BRIDGES

                	
                  1,342,133
                    

                	
                  51112904

                	
                  UNITED
                    CONTRACTORS INC.

                
	
                  42

                	
                  THOMPSON
                    ARTHUR

                	
                  423077

                	
                  Brosville
                    Industrial

                	
                  1,347,786
                    

                	
                  11788139

                	
                  COUNTY
                    OF
                    PITTSYLVANIA

                
	
                  38

                	
                  TEXAS
                    BITULITHIC

                	
                  382235

                	
                  DALLAS
                    CO SP
                    303

                	
                  1,349,366
                    

                	
                  50006689

                	
                  TEXAS
                    DEPT.
                    OF TRANSPORTATION

                
	
                  28

                	
                  VIRGINIA

                	
                  282832

                	
                  VDOT-PM-6G-06
                    STAFFO

                	
                  1,353,145
                    

                	
                  50005076

                	
                  VIRGINIA
                    DOT
                    - FREDERICKSBURG

                
	
                  38

                	
                  TEXAS
                    BITULITHIC

                	
                  382775

                	
                  TARRANT
                    FM
                    731

                	
                  1,362,065
                    

                	
                  51099818

                	
                  ZACHRY
                    CONSTRUCTION CO.

                
	
                  38

                	
                  TEXAS
                    BITULITHIC

                	
                  382218

                	
                  HOPKINS
                    COUNTY SH 19

                	
                  1,368,995
                    

                	
                  51101488

                	
                  D
                    L LENNON
                    INC

                
	
                  66

                	
                  KANSAS
                    CITY

                	
                  662467

                	
                  KCM0
                    27th St
                    Viaduct

                	
                  1,371,305
                    

                	
                  11610349

                	
                  CITY
                    OF
                    KANSAS CITY, MISSOURI

                
	
                  45

                	
                  ALABAMA

                	
                  452812

                	
                  ALDOT
                    EB-0014(510) H

                	
                  1,372,988
                    

                	
                  50036381

                	
                  ALA.
                    DEPT OF
                    TRANS-ACCOUNTING

                
	
                  21

                	
                  SOUTHERN
                    FLORIDA

                	
                  212673

                	
                  TREELINE
                    AVE-MITCHEL

                	
                  1,395,859
                    

                	
                  50002361

                	
                  MITCHELL
                    & STARK CONST.

                
	
                  60

                	
                  MISSOURI

                	
                  602664

                	
                  RT
                    44 GREENE
                    JID0690

                	
                  1,397,551
                    

                	
                  50018458

                	
                  MO
                    HWY &
                    TRANS DEPT. #8

                
	
                  48

                	
                  ASHEVILLE

                	
                  482316

                	
                  TROUTMAN
                    ELEMENTARY

                	
                  1,399,208
                    

                	
                  51114996

                	
                  MATTHEWS
                    CONSTRUCTION, CO. INC

                
	
                  41

                	
                  COASTAL
                    CAROLINA

                	
                  413512

                	
                  SCDOT-ROAD
                    WORK

                	
                  1,420,998
                    

                	
                  50049775

                	
                  SCHD-GEORGETOWN-APAC
                    JOBS

                
	
                  42

                	
                  THOMPSON
                    ARTHUR

                	
                  423895

                	
                  C200781
                    BUS
                    I-85 DLB

                	
                  1,432,210
                    

                	
                  50005299

                	
                  DLB
                    INC.

                
	
                  60

                	
                  MISSOURI

                	
                  602856

                	
                  RTE
                    86 STONE
                    J8S0587

                	
                  1,436,001
                    

                	
                  50018937

                	
                  MODOT
                    - NO
                    FOB!

                
	
                  40

                	
                  OKLAHOMA

                	
                  402705

                	
                  ACNHY-009(90)/ACBHFY

                	
                  1,437,855
                    

                	
                  50008321

                	
                  WITTWER
                    CONSTRUCTION

                

        

         

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

         

         

         

        
          	
                  42

                	
                  THOMPSON
                    ARTHUR

                	
                  423092

                	
                  HARPER
                    RD @
                    I-40 SMI

                	
                  1,439,567
                    

                	
                  50017348

                	
                  SMITH-ROWE,
                    INC.

                
	
                  75

                	
                  CENTRAL
                    FLORIDA

                	
                  752241

                	
                  SR
                    55 FDOT
                    Pinellas

                	
                  1,442,695
                    

                	
                  51005174

                	
                  HUBBARD
                    CONSTRUCTION

                
	
                  28

                	
                  VIRGINIA

                	
                  282487

                	
                  MB-VDOT
                    I-66
                    MOORE B

                	
                  1,446,636
                    

                	
                  50004947

                	
                  MOORE
                    BROTHERS CO INC

                
	
                  47

                	
                  MEMPHIS

                	
                  472952

                	
                  Taxiway
                    Yankee

                	
                  1,447,950
                    

                	
                  50043307

                	
                  MEMPHIS
                    SHELBY COUNTY AIRPORT

                
	
                  43

                	
                  GEORGIA

                	
                  433276

                	
                  Jackson
                    County Pavin

                	
                  1,458,186
                    

                	
                  50057225

                	
                  JACKSON
                    COUNTY BOC

                
	
                  66

                	
                  KANSAS
                    CITY

                	
                  662099

                	
                  MDOT
                    I-70
                    CONCRETE P

                	
                  1,462,199
                    

                	
                  50025049

                	
                  MISSOURI
                    HWY.& TRANS. COMM

                
	
                  21

                	
                  SOUTHERN
                    FLORIDA

                	
                  213267

                	
                  US
                    301 &
                    UNIVERSITY

                	
                  1,462,369
                    

                	
                  50050202

                	
                  RUSSELL
                    ENGINEERING

                
	
                  21

                	
                  SOUTHERN
                    FLORIDA

                	
                  212300

                	
                  State
                    School
                    CC-1

                	
                  1,466,630
                    

                	
                  51101900

                	
                  JAMES
                    B.
                    PIRTLE CONSTRUCTION

                
	
                  47

                	
                  MEMPHIS

                	
                  472994

                	
                  Hwy
                    64-South
                    110342

                	
                  1,478,950
                    

                	
                  50043323

                	
                  MOBLEY
                    CONTRACTORS

                
	
                  44

                	
                  MACDOUGALD
                    CONSTRUCTION

                	
                  442261

                	
                  Dobbins
                    Northside Ov

                	
                  1,483,781
                    

                	
                  11439342

                	
                  US
                    ARMY
                    ENGINEER DISTRICT LOU

                
	
                  71

                	
                  MISSISSIPPI

                	
                  712110

                	
                  TG/82
                    BYPASS
                    STARKVI

                	
                  1,499,346
                    

                	
                  50003627

                	
                  MS
                    DEPT OF
                    TRANSPORTATION

                
	
                  88

                	
                  CHARLOTTE

                	
                  882192

                	
                  MEC
                    I-485
                    LOOP C2012

                	
                  1,520,881
                    

                	
                  50044879

                	
                  NC
                    HIGHWAY
                    COMM

                
	
                  25

                	
                  TROTTI
&
                    THOMPSON

                	
                  252866

                	
                  TXDOT
                    IH10,
                    Orange C

                	
                  1,520,928
                    

                	
                  50019325

                	
                  TEXAS
                    HIGHWAY
                    DEPT

                
	
                  21

                	
                  SOUTHERN
                    FLORIDA

                	
                  212703

                	
                  RATTLESNAKE
                    HAMMOCK

                	
                  1,526,802
                    

                	
                  51108149

                	
                  JOHN
                    CARLO
                    INC.

                
	
                  21

                	
                  SOUTHERN
                    FLORIDA

                	
                  212291

                	
                  SR
                    A1A from
                    US 1 to

                	
                  1,534,542
                    

                	
                  51071000

                	
                  FLORIDA
                    DEPARTMENT OF TRANSPOR

                
	
                  28

                	
                  VIRGINIA

                	
                  282393

                	
                  PEC-RIVERTON
                    COMMONS

                	
                  1,539,524
                    

                	
                  50015760

                	
                  PERRY
                    ENGINEERING COMPANY

                
	
                  47

                	
                  MEMPHIS

                	
                  472961

                	
                  I55/HWY
                    63
                    INTCHING

                	
                  1,539,933
                    

                	
                  51104241

                	
                  MUSKOGEE
                    BRIDGE COMPANY

                
	
                  41

                	
                  COASTAL
                    CAROLINA

                	
                  412987

                	
                  ST
                    Wooten US
                    17 Bypa

                	
                  1,540,371
                    

                	
                  50014566

                	
                  S.T.
                    WOOTEN
                    CONST. CO

                
	
                  49

                	
                  HARRISON

                	
                  493432

                	
                  TDOT
                    CNE 128
                    Blount

                	
                  1,542,501
                    

                	
                  50047792

                	
                  TENNESSEE
                    STATE HWY DEPT

                
	
                  42

                	
                  THOMPSON
                    ARTHUR

                	
                  423057

                	
                  HANES
                    MALL
                    RESURFACI

                	
                  1,543,193
                    

                	
                  50045982

                	
                  EMJ
                    CORPORATION

                
	
                  38

                	
                  TEXAS
                    BITULITHIC

                	
                  382236

                	
                  DALLAS
                    CO LP
                    12

                	
                  1,556,343
                    

                	
                  50006689

                	
                  TEXAS
                    DEPT.
                    OF TRANSPORTATION

                
	
                  71

                	
                  MISSISSIPPI

                	
                  712803

                	
                  DR-Austin
                    Bridge/Ark

                	
                  1,568,733
                    

                	
                  50006520

                	
                  AUSTIN
                    BRIDGE
                    & ROAD INC

                
	
                  42

                	
                  THOMPSON
                    ARTHUR

                	
                  423926

                	
                  C201418
                    Guilford Col

                	
                  1,574,480
                    

                	
                  50006129

                	
                  YATES
                    CONSTRUCTION CO. INC

                
	
                  42

                	
                  THOMPSON
                    ARTHUR

                	
                  423095

                	
                  Jefferson
                    Village Sh

                	
                  1,590,024
                    

                	
                  51083863

                	
                  CHOATE
                    CONSTRUCTION CO

                
	
                  45

                	
                  ALABAMA

                	
                  452793

                	
                  BIRMINGHAM
                    AIRPORT A

                	
                  1,595,362
                    

                	
                  50036225

                	
                  B*HAM
                    AIRPORT
                    AUTHORITY

                
	
                  66

                	
                  KANSAS
                    CITY

                	
                  662119

                	
                  LSMO
                    Todd
                    Georg Pkwy

                	
                  1,625,119
                    

                	
                  50057793

                	
                  CITY
                    OF LEE'S
                    SUMMIT, MO

                
	
                  48

                	
                  ASHEVILLE

                	
                  482320

                	
                  BRIGHT'S
                    CREEK GUN C

                	
                  1,719,191
                    

                	
                  51098668

                	
                  SUMMERS
                    TAYLOR, INC

                
	
                  66

                	
                  KANSAS
                    CITY

                	
                  662123

                	
                  MDOT
                    Rte
                    I-44

                	
                  1,729,270
                    

                	
                  50042233

                	
                  MISSOURI
                    STATE HWY. DEPT. - JOBS

                
	
                  47

                	
                  MEMPHIS

                	
                  472909

                	
                  HWY
                    49, HWY
                    316 -WAL

                	
                  1,745,304
                    

                	
                  50043041

                	
                  ARKANSAS
                    HIGHWAY & TRANS DEPT

                
	
                  28

                	
                  VIRGINIA

                	
                  283057

                	
                  JBI-NEW
                    LIFE
                    ANOITED

                	
                  1,746,540
                    

                	
                  50005006

                	
                  JACK
                    BAYS,
                    INC.

                
	
                  43

                	
                  GEORGIA

                	
                  433242

                	
                  CSNHS-M003-00(158)
                    0

                	
                  1,771,254
                    

                	
                  50035210

                	
                  MACDOUGALD
                    CONSTRUCTION

                
	
                  69

                	
                  SHEARS

                	
                  692969

                	
                  28
                    KA 0246-01
                    Finney

                	
                  1,774,907
                    

                	
                  11728822

                	
                  KDOT
                    FINNEY
                    CO #2969 KA 0246-0

                
	
                  21

                	
                  SOUTHERN
                    FLORIDA

                	
                  212302

                	
                  State
                    School
                    DD-1

                	
                  1,776,000
                    

                	
                  51101900

                	
                  JAMES
                    B.
                    PIRTLE CONSTRUCTION

                
	
                  45

                	
                  ALABAMA

                	
                  453595

                	
                  ALDOT
                    STPSA-0014(512

                	
                  1,777,631
                    

                	
                  50036381

                	
                  ALA.
                    DEPT OF
                    TRANS-ACCOUNTING

                
	
                  43

                	
                  GEORGIA

                	
                  433292

                	
                  Wal-Mart
                    Sam's Club

                	
                  1,786,429
                    

                	
                  11751459

                	
                  SHANNON
                    STROBEL & WEAVER

                
	
                  66

                	
                  KANSAS
                    CITY

                	
                  662121

                	
                  MDOT
                    Rte
                    58-W-Z

                	
                  1,793,842
                    

                	
                  50025049

                	
                  MISSOURI
                    HWY.& TRANS. COMM

                
	
                  21

                	
                  SOUTHERN
                    FLORIDA

                	
                  212293

                	
                  SR
                    817 &
                    SR 852

                	
                  1,804,963
                    

                	
                  51071000

                	
                  FLORIDA
                    DEPARTMENT OF TRANSPOR

                
	
                  75

                	
                  CENTRAL
                    FLORIDA

                	
                  752974

                	
                  SR
                    501
                    Clearlake Rd

                	
                  1,821,694
                    

                	
                  51005740

                	
                  FLORIDA
                    DEPARTMENT OF TRANSPOR

                
	
                  66

                	
                  KANSAS
                    CITY

                	
                  663515

                	
                  OVPK
                    127th
                    & Foster

                	
                  1,836,072
                    

                	
                  50024494

                	
                  CITY
                    OF
                    OVERLAND PARK

                
	
                  45

                	
                  ALABAMA

                	
                  452559

                	
                  ALDOT
                    RECA-STPSA-007

                	
                  1,839,776
                    

                	
                  50036381

                	
                  ALA.
                    DEPT OF
                    TRANS-ACCOUNTING

                
	
                  69

                	
                  SHEARS

                	
                  693019

                	
                  OLIVER
                    ROAD
                    SUMNER C

                	
                  1,840,646
                    

                	
                  51084390

                	
                  SUMNER
                    COUNTY

                
	
                  43

                	
                  GEORGIA

                	
                  433376

                	
                  Dekalb
                    County
                    Call #

                	
                  1,882,310
                    

                	
                  50025779

                	
                  STATE
                    OF
                    GEORGIA DOT

                
	
                  28

                	
                  VIRGINIA

                	
                  282498

                	
                  VDOT-PM-9K-05
                    PW CO

                	
                  1,918,587
                    

                	
                  50005077

                	
                  VDOT
                    INTERSTATE MAINTENANCE

                

        

         

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

         

         

         

        
          	
                  60

                	
                  MISSOURI

                	
                  602653

                	
                  RT.44
                    LACLEDE
                    BRIDGE

                	
                  1,956,821
                    

                	
                  50018458

                	
                  MO
                    HWY &
                    TRANS DEPT. #8

                
	
                  45

                	
                  ALABAMA

                	
                  452815

                	
                  NEAREN
                    CONSTRUCTION

                	
                  1,985,730
                    

                	
                  50036809

                	
                  NEAREN
                    CONSTRUCTION, INC.

                
	
                  69

                	
                  SHEARS

                	
                  692994

                	
                  KDOT
                    Kiowa
                    0273-01

                	
                  2,025,073
                    

                	
                  11722682

                	
                  KDOT
                    KIOWA
                    #2994 KA0273-01

                
	
                  71

                	
                  MISSISSIPPI

                	
                  712315

                	
                  WW-Hwy
                    45
                    Lauderdale

                	
                  2,027,672
                    

                	
                  50027313

                	
                  MS
                    DEPT. OF
                    TRANSPORTATION

                
	
                  43

                	
                  GEORGIA

                	
                  432664

                	
                  US
                    129
                    STP-002-6 (53

                	
                  2,046,808
                    

                	
                  50057242

                	
                  MERRITT
                    CONTRACTING, INC.

                
	
                  33

                	
                  GULF
                    COAST

                	
                  333830

                	
                  Henry
                    Co-MP/JN

                	
                  2,063,920
                    

                	
                  51000280

                	
                  STATE
                    OF
                    ALABAMA

                
	
                  42

                	
                  THOMPSON
                    ARTHUR

                	
                  423053

                	
                  SALISBURY
                    ST
                    C20

                	
                  2,064,078
                    

                	
                  50017178

                	
                  NC
                    DEPT OF
                    TRANSPORTATION

                
	
                  41

                	
                  COASTAL
                    CAROLINA

                	
                  413343

                	
                  NCDOT
                    OnslowCo Old 3

                	
                  2,064,964
                    

                	
                  50013259

                	
                  NCDOT

                
	
                  33

                	
                  GULF
                    COAST

                	
                  332268

                	
                  SR
                    83 (9th
                    Ave.) Wal

                	
                  2,072,017
                    

                	
                  50043840

                	
                  FLORIDA
                    DEPT
                    OF TRANSPORTATION

                
	
                  75

                	
                  CENTRAL
                    FLORIDA

                	
                  752813

                	
                  Hardee
                    County
                    2005 I

                	
                  2,072,917
                    

                	
                  50020461

                	
                  HARDEE
                    CO.
                    PUBLIC WORKS DEPT.

                
	
                  41

                	
                  COASTAL
                    CAROLINA

                	
                  413567

                	
                  H&M
                    CONST. CO. - QVC

                	
                  2,089,740
                    

                	
                  50023084

                	
                  H
&
M
                    CONSTRUCTION COMPANY

                
	
                  45

                	
                  ALABAMA

                	
                  453980

                	
                  Hastings
                    General Con

                	
                  2,099,649
                    

                	
                  50049876

                	
                  HASTINGS
                    GENERAL CONTRACTORS

                
	
                  41

                	
                  COASTAL
                    CAROLINA

                	
                  413511

                	
                  SCDOT-ROAD
                    WORK

                	
                  2,104,971
                    

                	
                  50049783

                	
                  SCHD-WILLIAMSBURG
                    - APAC JOBS

                
	
                  58

                	
                  BUSTER

                	
                  582235

                	
                  LAFAYETTE-SH
                    29-0301

                	
                  2,105,875
                    

                	
                  11488312

                	
                  CLEVE
                    BATTE
                    CONSTRUCTION INC.

                
	
                  25

                	
                  TROTTI
&
                    THOMPSON

                	
                  252867

                	
                  TXDOT
                    FM 92
                    Hardin C

                	
                  2,133,313
                    

                	
                  50019325

                	
                  TEXAS
                    HIGHWAY
                    DEPT.

                
	
                  44

                	
                  MACDOUGALD
                    CONSTRUCTION

                	
                  442258

                	
                  Widening
                    of
                    Zebulon

                	
                  2,141,275
                    

                	
                  50025779

                	
                  STATE
                    OF
                    GEORGIA DOT

                
	
                  49

                	
                  HARRISON

                	
                  493422

                	
                  NCDOT
                    C201532
                    Jackso

                	
                  2,186,984
                    

                	
                  51101888

                	
                  N.C.
                    DEPARTMENT OF TRANSPORTATION

                
	
                  43

                	
                  GEORGIA

                	
                  432045

                	
                  Statesbridge
                    Rd. STP

                	
                  2,220,710
                    

                	
                  50035296

                	
                  PITTMAN
                    HIGHWAY CONTRACTING

                
	
                  21

                	
                  SOUTHERN
                    FLORIDA

                	
                  212657

                	
                  GOLDEN
                    GATE
                    PARKWAY

                	
                  2,240,011
                    

                	
                  51070304

                	
                  MCM
                    CORPORATION

                
	
                  77

                	
                  FIRST
                    COAST

                	
                  772219

                	
                  CR
                    13/204
                    Widening

                	
                  2,243,304
                    

                	
                  51024251

                	
                  ST
                    JOHNS
                    COUNTY BOARD OF COMM.

                
	
                  43

                	
                  GEORGIA

                	
                  433320

                	
                  CSSTP-M003-00
                    (441)

                	
                  2,245,495
                    

                	
                  50025779

                	
                  STATE
                    OF
                    GEORGIA DOT

                
	
                  21

                	
                  SOUTHERN
                    FLORIDA

                	
                  212273

                	
                  SR93
                    (I-75)

                	
                  2,254,569
                    

                	
                  51071000

                	
                  FLORIDA
                    DEPT.
                    OF TRANSPORTATION

                
	
                  38

                	
                  TEXAS
                    BITULITHIC

                	
                  382777

                	
                  TARRANT
                    CO IH
                    30

                	
                  2,276,338
                    

                	
                  50006689

                	
                  TEXAS
                    DEPT.
                    OF TRANSPORTATION

                
	
                  47

                	
                  MEMPHIS

                	
                  472941

                	
                  HWY
                    49
                    MARVELL HWY 3

                	
                  2,284,002
                    

                	
                  50043041

                	
                  ARKANSAS
                    HIGHWAY & TRANS DEPT.

                
	
                  21

                	
                  SOUTHERN
                    FLORIDA

                	
                  212696

                	
                  COUNTY-WIDE
                    RESURF -

                	
                  2,302,451
                    

                	
                  50002277

                	
                  LEE
                    COUNTY
                    BOARD OF CNTY. COMM.

                
	
                  69

                	
                  SHEARS

                	
                  692993

                	
                  KDOT
                    Barber-Kingman

                	
                  2,325,580
                    

                	
                  11744259

                	
                  KDOT
                    BARBER-KINGMAN #2993 KA 0

                
	
                  38

                	
                  TEXAS
                    BITULITHIC

                	
                  382776

                	
                  TARRANT
                    CO FM
                    1709

                	
                  2,325,846
                    

                	
                  50006689

                	
                  TEXAS
                    DEPT.
                    OF TRANSPORTATION

                
	
                  21

                	
                  SOUTHERN
                    FLORIDA

                	
                  212281

                	
                  Jewfish
                    Creek

                	
                  2,340,637
                    

                	
                  51005754

                	
                  GRANITE
                    CONSTRUCTION COMPANY

                
	
                  60

                	
                  MISSOURI

                	
                  602831

                	
                  RTE
                    65 TANEY
                    J8P0609

                	
                  2,342,651
                    

                	
                  50018937

                	
                  MODOT
                    - NO
                    FOB!

                
	
                  45

                	
                  ALABAMA

                	
                  453991

                	
                  ALDOT
                    BRF-0002(515)

                	
                  2,357,048
                    

                	
                  50036381

                	
                  ALA.
                    DEPT OF
                    TRANS-ACCOUNTING

                
	
                  43

                	
                  GEORGIA

                	
                  433332

                	
                  2006
                    Fayette
                    Co Patc

                	
                  2,361,238
                    

                	
                  50035058

                	
                  FAYETTE
                    COUNTY PUBLIC WORKS

                
	
                  75

                	
                  CENTRAL
                    FLORIDA

                	
                  752879

                	
                  SR
                    555 (US
                    17) Fr 55

                	
                  2,362,254
                    

                	
                  51005740

                	
                  FLORIDA
                    DEPT.
                    OF TRANSPORTATION

                
	
                  41

                	
                  COASTAL
                    CAROLINA

                	
                  413026

                	
                  Barnhill/NCDOT
                    US 17

                	
                  2,370,294
                    

                	
                  50013481

                	
                  BARNHILL
                    CONTRACTING CO.

                
	
                  25

                	
                  TROTTI
&
                    THOMPSON

                	
                  252869

                	
                  TYLER
                    CO FM
                    1013

                	
                  2,377,872
                    

                	
                  50019325

                	
                  TEXAS
                    HIGHWAY
                    DEPT.

                
	
                  43

                	
                  GEORGIA

                	
                  433273

                	
                  Ben
                    Hill
                    Road

                	
                  2,398,770
                    

                	
                  50025779

                	
                  STATE
                    OF
                    GEORGIA DOT

                
	
                  47

                	
                  MEMPHIS

                	
                  473038

                	
                  West
                    Memphis
                    Airport

                	
                  2,407,503
                    

                	
                  50043479

                	
                  CITY
                    OF WEST
                    MEMPHIS

                
	
                  43

                	
                  GEORGIA

                	
                  433366

                	
                  SPLOST
                    04
                    Mill/Resur

                	
                  2,428,420
                    

                	
                  51008046

                	
                  CLAYTON
                    COUNTY ROAD DEPARTMENT

                
	
                  38

                	
                  TEXAS
                    BITULITHIC

                	
                  382233

                	
                  ELLIS
                    CO US
                    67

                	
                  2,439,944
                    

                	
                  50006689

                	
                  TEXAS
                    DEPT.
                    OF TRANSPORTATION

                
	
                  45

                	
                  ALABAMA

                	
                  453125

                	
                  ALDOT
                    STPHV-STPAA-85

                	
                  2,489,752
                    

                	
                  50036381

                	
                  ALA.
                    DEPT OF
                    TRANS-ACCOUNTING

                
	
                  66

                	
                  KANSAS
                    CITY

                	
                  662114

                	
                  MDOT
                    Rte
                    291-78-7-40

                	
                  2,517,460
                    

                	
                  50042233

                	
                  MISSOURI
                    STATE HWY. DEPT. - JOBS

                
	
                  66

                	
                  KANSAS
                    CITY

                	
                  663507

                	
                  Olathe
                    151st
                    Pflumm

                	
                  2,525,389
                    

                	
                  50024479

                	
                  CITY
                    OF
                    OLATHE - JOBS

                
	
                  58

                	
                  BUSTER

                	
                  582215

                	
                  CASS-STP
                    2004(516)-F

                	
                  2,544,835
                    

                	
                  50054947

                	
                  TEXAS
                    DEPT OF
                    TRANSPORTATION

                
	
                  20

                	
                  MCCLINTON
                    ANCHOR

                	
                  203190

                	
                  AHD-I540
                    PERRY RD IN

                	
                  2,581,733
                    

                	
                  51102526

                	
                  M.
                    J. LEE
                    CONSTRUCTION CO.

                

        

         

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

         

         

         

        
          	
                  45

                	
                  ALABAMA

                	
                  453128

                	
                  CHSV
                    Periods

                	
                  2,606,801
                    

                	
                  51116081

                	
                  CITY
                    OF
                    HUNTSVILLE

                
	
                  38

                	
                  TEXAS
                    BITULITHIC

                	
                  382238

                	
                  DALLAS
                    CO SH
                    342

                	
                  2,622,640
                    

                	
                  50006689

                	
                  TEXAS
                    DEPT.
                    OF TRANSPORTATION

                
	
                  43

                	
                  GEORGIA

                	
                  433371

                	
                  Dekalb
                    County
                    Resurf

                	
                  2,623,711
                    

                	
                  50035025

                	
                  DEKALB
                    COUNTY

                
	
                  20

                	
                  MCCLINTON
                    ANCHOR

                	
                  202581

                	
                  Cty
                    of
                    Bentonville/T

                	
                  2,629,623
                    

                	
                  50000063

                	
                  CITY
                    OF
                    BENTONVILLE

                
	
                  60

                	
                  MISSOURI

                	
                  602851

                	
                  RTE
                    I-35
                    DAVIESS J1

                	
                  2,647,014
                    

                	
                  60

                	
                  APAC-MISSOURI,
                    INC (60)

                
	
                  66

                	
                  KANSAS
                    CITY

                	
                  663508

                	
                  KDOT
                    169
                    Highway

                	
                  2,652,051
                    

                	
                  50024268

                	
                  STATE
                    OF
                    KANSAS-JOBS

                
	
                  39

                	
                  BALLENGER

                	
                  392652

                	
                  LAMAR
                    CO.,
                    GA

                	
                  2,666,890
                    

                	
                  0

                	
                  **
                    NOT FOUND
                    **

                
	
                  58

                	
                  BUSTER

                	
                  582233

                	
                  HOPKINS-IM
                    0302(092)

                	
                  2,678,296
                    

                	
                  50054947

                	
                  TEXAS
                    DEPT OF
                    TRANSPORTATION

                
	
                  49

                	
                  HARRISON

                	
                  493439

                	
                  Sweet
                    Grass
                    Subdivis

                	
                  2,679,283
                    

                	
                  11772233

                	
                  SWEET
                    GRASS,
                    LLC

                
	
                  38

                	
                  TEXAS
                    BITULITHIC

                	
                  382963

                	
                  DALLAS
                    COUNTY
                    2005 O

                	
                  2,741,725
                    

                	
                  50006274

                	
                  DALLAS
                    COUNTY
                    ROAD & BRIDGE

                
	
                  69

                	
                  SHEARS

                	
                  692979

                	
                  Meade
                    KDOT
                    54-60 K 7

                	
                  2,848,028
                    

                	
                  11728849

                	
                  KDOT
                    MEADE
                    #2979 K 7410-01

                
	
                  21

                	
                  SOUTHERN
                    FLORIDA

                	
                  213238

                	
                  FDOT
                    SR70
                    -RUSSELL E

                	
                  2,866,305
                    

                	
                  50050202

                	
                  RUSSELL
                    ENGINEERING

                
	
                  41

                	
                  COASTAL
                    CAROLINA

                	
                  412932

                	
                  CRM/IMPROV
                    2
                    US 521

                	
                  2,911,832
                    

                	
                  50049075

                	
                  C
                    RAY MILES
                    CONST. CO.

                
	
                  75

                	
                  CENTRAL
                    FLORIDA

                	
                  752822

                	
                  FDOT/SR
                    429
                    Westrn B

                	
                  2,923,355
                    

                	
                  50020788

                	
                  GILBERT
                    SOUTHERN CORP.

                
	
                  21

                	
                  SOUTHERN
                    FLORIDA

                	
                  212290

                	
                  SR
                    826 (167
                    Street)

                	
                  2,933,507
                    

                	
                  51071000

                	
                  FLORIDA
                    DEPT.
                    OF TRANSPORTATION

                
	
                  38

                	
                  TEXAS
                    BITULITHIC

                	
                  382237

                	
                  VAN
                    ZANDT CO
                    US 80

                	
                  2,934,427
                    

                	
                  50006689

                	
                  TEXAS
                    DEPT.
                    OF TRANSPORTATION

                
	
                  21

                	
                  SOUTHERN
                    FLORIDA

                	
                  213293

                	
                  COUNTRY
                    CLUB
                    EAST @L

                	
                  2,948,414
                    

                	
                  50002117

                	
                  GIGLIOTTI
                    CONTR., INC.

                
	
                  49

                	
                  HARRISON

                	
                  493382

                	
                  NCDOT
                    C201114
                    Cherok

                	
                  2,979,561
                    

                	
                  51101993

                	
                  WRIGHT
                    BROTHERS CONSRUCTION CO.

                
	
                  33

                	
                  GULF
                    COAST

                	
                  332276

                	
                  SR
                    10A (US
                    90)

                	
                  3,037,528
                    

                	
                  50043840

                	
                  FLORIDA
                    DEPT
                    OF TRANSPORTATION

                
	
                  33

                	
                  GULF
                    COAST

                	
                  333758

                	
                  Coffee
                    Cty-BD/EM

                	
                  3,041,892
                    

                	
                  51000280

                	
                  STATE
                    OF
                    ALABAMA

                
	
                  21

                	
                  SOUTHERN
                    FLORIDA

                	
                  213307

                	
                  VENICE
                    RUNWAY
                    13-31

                	
                  3,050,541
                    

                	
                  50002686

                	
                  CITY
                    OF
                    VENICE

                
	
                  47

                	
                  MEMPHIS

                	
                  473031

                	
                  Alberici
                    Tang

                	
                  3,061,749
                    

                	
                  50043307

                	
                  MEMPHIS
                    SHELBY COUNTY AIRPORT

                
	
                  21

                	
                  SOUTHERN
                    FLORIDA

                	
                  213311

                	
                  ELCONQUISTADOR
                    BLVD-

                	
                  3,073,780
                    

                	
                  11796032

                	
                  SBC
                    DEVELOPMENTS, L.L.L.P.

                
	
                  60

                	
                  MISSOURI

                	
                  602847

                	
                  RTE
                    65 PETTIS
                    J5P082

                	
                  3,082,129
                    

                	
                  50018937

                	
                  MODOT
                    - NO
                    FOB!

                
	
                  58

                	
                  BUSTER

                	
                  582245

                	
                  MORRIS
                    - STP
                    2006(27

                	
                  3,096,338
                    

                	
                  50055293

                	
                  H.H.
                    HOWARD
                    & SONS, INC.

                
	
                  60

                	
                  MISSOURI

                	
                  602663

                	
                  RT.44
                    LACLEDE-ASPHAL

                	
                  3,157,418
                    

                	
                  50018458

                	
                  MO
                    HWY &
                    TRANS DEPT. #8

                
	
                  75

                	
                  CENTRAL
                    FLORIDA

                	
                  752986

                	
                  SR
                    5 (US 1)
                    FDOT T51

                	
                  3,171,740
                    

                	
                  51005740

                	
                  FLORIDA
                    DEPT.
                    OF TRANSPORTATION

                
	
                  77

                	
                  FIRST
                    COAST

                	
                  772532

                	
                  SCDOT
                    7.2001RI US 27

                	
                  3,234,354
                    

                	
                  51113445

                	
                  SOUTH
                    CAROLINA DOT

                
	
                  75

                	
                  CENTRAL
                    FLORIDA

                	
                  752329

                	
                  SR
                    41 (US
                    301) S of

                	
                  3,281,628
                    

                	
                  51005150

                	
                  CONE
&
                    GRAHAM INC.

                
	
                  88

                	
                  CHARLOTTE

                	
                  882127

                	
                  ROW
                    NC 70
                    WIDENING

                	
                  3,290,964
                    

                	
                  50044879

                	
                  NC
                    HIGHWAY
                    COMM.

                
	
                  43

                	
                  GEORGIA

                	
                  433338

                	
                  Coweta
                    County
                    Patchi

                	
                  3,333,668
                    

                	
                  50035008

                	
                  COWETA
                    COUNTY
                    PUBLIC WORKS

                
	
                  45

                	
                  ALABAMA

                	
                  453123

                	
                  Bridge
                    Street
                    Town C

                	
                  3,361,216
                    

                	
                  51102945

                	
                  TURNER
                    UNIVERSAL CONSTRUCTION

                
	
                  66

                	
                  KANSAS
                    CITY

                	
                  662113

                	
                  MDOT
                    Rte
                    24

                	
                  3,365,350
                    

                	
                  50025049

                	
                  MISSOURI
                    HWY.& TRANS. COMM.

                
	
                  21

                	
                  SOUTHERN
                    FLORIDA

                	
                  212651

                	
                  BUSINESS
                    41
                    SR 739

                	
                  3,391,678
                    

                	
                  50002277

                	
                  LEE
                    COUNTY
                    BOARD OF CNTY. COMM.

                
	
                  69

                	
                  SHEARS

                	
                  692972

                	
                  NOVACHIP
                    MARION/MCPH

                	
                  3,394,834
                    

                	
                  11698563

                	
                  KDOT
                    MARION-MCPHERSON #2972 KA

                
	
                  40

                	
                  OKLAHOMA

                	
                  402712

                	
                  T-MC-90
                    MP
                    179 TO 20

                	
                  3,398,596
                    

                	
                  51096990

                	
                  OKLAHOMA
                    TURNPIKE AUTHORITY

                
	
                  88

                	
                  CHARLOTTE

                	
                  882129

                	
                  CAB
                    NC KANN
                    BYPASS C

                	
                  3,423,902
                    

                	
                  50044879

                	
                  N
                    C HIGHWAY
                    COMM.

                
	
                  49

                	
                  HARRISON

                	
                  493328

                	
                  Dutchtown
                    Rd
                    Improve

                	
                  3,471,623
                    

                	
                  11160763

                	
                  KNOX
                    COUNTY
                    PURCHASING DIVISION

                
	
                  69

                	
                  SHEARS

                	
                  692995

                	
                  KDOT
                    Pawnee
                    0287-01

                	
                  3,506,858
                    

                	
                  11728881

                	
                  KDOT
                    PAWNEE
                    #2995 KA0287-01

                
	
                  45

                	
                  ALABAMA

                	
                  453129

                	
                  ALDOT
                    EBF-STPSAF-002

                	
                  3,531,691
                    

                	
                  50036381

                	
                  ALA.
                    DEPT OF
                    TRANS-ACCOUNTING

                
	
                  69

                	
                  SHEARS

                	
                  692919

                	
                  KDOT
                    Coffey
                    Co 35-16

                	
                  3,536,677
                    

                	
                  11613030

                	
                  KDOT
                    COFFEY
                    #2919 K6790-01

                
	
                  39

                	
                  BALLENGER

                	
                  392558

                	
                  GWINNETT
                    CO,
                    GA

                	
                  3,578,586
                    

                	
                  472411

                	
                  GEORGIA
                    DEPT.
                    OF TRANSPORTATION

                
	
                  20

                	
                  MCCLINTON
                    ANCHOR

                	
                  203186

                	
                  AHD-Hwy43
                    Siloam/Wes

                	
                  3,614,983
                    

                	
                  50000354

                	
                  ARKANSAS
                    HIGHWAY DEPARTMENT

                

        

         

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

         

         

         

        
          	
                  75

                	
                  CENTRAL
                    FLORIDA

                	
                  752929

                	
                  Sleepy
                    Hill
                    Rd Widen

                	
                  3,664,144
                    

                	
                  51104064

                	
                  CITY
                    OF
                    LAKELAND-A/P

                
	
                  60

                	
                  MISSOURI

                	
                  602662

                	
                  RT.44
                    J1D0695F,J1D06

                	
                  3,668,975
                    

                	
                  50017835

                	
                  MODOT
                    -
                    DISTRICT 7

                
	
                  40

                	
                  OKLAHOMA

                	
                  402713

                	
                  C-MC-14(OTA)CIMMARON

                	
                  3,685,968
                    

                	
                  51096990

                	
                  OKLAHOMA
                    TURNPIKE AUTHORITY

                
	
                  48

                	
                  ASHEVILLE

                	
                  482328

                	
                  C201606
                    BURKE/BUNCOM

                	
                  3,691,325
                    

                	
                  50044879

                	
                  NC
                    HIGHWAY
                    COMM.

                
	
                  66

                	
                  KANSAS
                    CITY

                	
                  662118

                	
                  MDOT
                    Rte
                    70-70-24-58

                	
                  3,728,435
                    

                	
                  50042233

                	
                  MISSOURI
                    STATE HWY. DEPT. - JOBS

                
	
                  39

                	
                  BALLENGER

                	
                  392554

                	
                  KERSHAW
                    CO,
                    SC

                	
                  3,778,076
                    

                	
                  50049645

                	
                  U.S.
                    GROUP,
                    INC.

                
	
                  41

                	
                  COASTAL
                    CAROLINA

                	
                  413017

                	
                  MCAS
                    CP
                    Capeheart Ro

                	
                  3,816,356
                    

                	
                  50014332

                	
                  MCAS-
                    SUPPLY
                    DEPT.

                
	
                  45

                	
                  ALABAMA

                	
                  452795

                	
                  ALDOT
                    IMD-IM-I065(32

                	
                  3,823,874
                    

                	
                  50036381

                	
                  ALA.
                    DEPT OF
                    TRANS - ACCOUNTING

                
	
                  25

                	
                  TROTTI
&
                    THOMPSON

                	
                  252860

                	
                  Newton
                    Co.
                    SH12

                	
                  3,857,190
                    

                	
                  50019325

                	
                  TEXAS
                    HIGHWAY
                    DEPT.

                
	
                  28

                	
                  VIRGINIA

                	
                  282615

                	
                  AWC-VDOT-RT
                    95 SPRNG

                	
                  3,913,866
                    

                	
                  11216000

                	
                  ARCHER
                    WESTERN CONTRACTORS

                
	
                  33

                	
                  GULF
                    COAST

                	
                  332212

                	
                  I10/I110
                    Interchange

                	
                  3,930,871
                    

                	
                  51107925

                	
                  ARCHER
                    WESTERN

                
	
                  21

                	
                  SOUTHERN
                    FLORIDA

                	
                  212706

                	
                  N
                    CAPE SIX
                    MILE RD R

                	
                  3,937,862
                    

                	
                  50001868

                	
                  CITY
                    OF CAPE
                    CORAL

                
	
                  47

                	
                  MEMPHIS

                	
                  472997

                	
                  I-40
                    North
                    Widening

                	
                  3,971,334
                    

                	
                  50043041

                	
                  ARKANSAS
                    HIGHWAY & TRANS DEPT.

                
	
                  47

                	
                  MEMPHIS

                	
                  473021

                	
                  FEDEX
                    2006
                    Dec 06 Ra

                	
                  4,044,066
                    

                	
                  50043164

                	
                  FEDERAL
                    EXPRESS

                
	
                  41

                	
                  COASTAL
                    CAROLINA

                	
                  413493

                	
                  SCDOT-LANCASTER&YORK

                	
                  4,047,283
                    

                	
                  50049778

                	
                  SCHD
                    -
                    LANCASTER - APAC JOBS

                
	
                  69

                	
                  SHEARS

                	
                  692980

                	
                  Meade
                    KDOT
                    54-60 K 7

                	
                  4,224,392
                    

                	
                  11728865

                	
                  KDOT
                    MEADE
                    #2980 K7411-01

                
	
                  75

                	
                  CENTRAL
                    FLORIDA

                	
                  752353

                	
                  SR
                    688
                    Ulmerton Road

                	
                  4,231,748
                    

                	
                  51005150

                	
                  CONE
&
                    GRAHAM INC.

                
	
                  69

                	
                  SHEARS

                	
                  692920

                	
                  KDOT
                    Coffey
                    Co 35-16

                	
                  4,481,914
                    

                	
                  11613048

                	
                  KDOT
                    COFFEY
                    #2920 K6791-01

                
	
                  38

                	
                  TEXAS
                    BITULITHIC

                	
                  382227

                	
                  DALLAS
                    CO IH
                    20

                	
                  4,521,258
                    

                	
                  50006682

                	
                  TEXAS
                    DEPT.
                    OF TRANSPORATION

                
	
                  38

                	
                  TEXAS
                    BITULITHIC

                	
                  382232

                	
                  DALLAS
                    CO IH
                    635

                	
                  4,566,371
                    

                	
                  10895274

                	
                  McCARTHY
                    BUILDING COMPANIES

                
	
                  28

                	
                  VIRGINIA

                	
                  282374

                	
                  DRB-PRENTISS
                    POINT S

                	
                  4,620,496
                    

                	
                  11527473

                	
                  DAN
                    RYAN
                    BUILDERS, INC.

                
	
                  47

                	
                  MEMPHIS

                	
                  473010

                	
                  Little
                    Rock
                    Runway 4

                	
                  4,650,809
                    

                	
                  50026266

                	
                  LITTLE
                    ROCK
                    MUNICIPAL AIRPORT

                
	
                  21

                	
                  SOUTHERN
                    FLORIDA

                	
                  212277

                	
                  Sawgrass
                    Expressway

                	
                  4,805,483
                    

                	
                  11529541

                	
                  APAC
                    - MAJOR
                    PROJECTS GROUP

                
	
                  28

                	
                  VIRGINIA

                	
                  283291

                	
                  GR-INWOOD
                    VILLAGE

                	
                  4,820,000
                    

                	
                  11805568

                	
                  GLEN
                    W
                    RUSSELL

                
	
                  25

                	
                  TROTTI
&
                    THOMPSON

                	
                  252851

                	
                  Liberty
                    County US 90

                	
                  4,825,268
                    

                	
                  50019325

                	
                  TEXAS
                    HIGHWAY
                    DEPT.

                
	
                  66

                	
                  KANSAS
                    CITY

                	
                  662469

                	
                  MDOT
                    Grandview Trian

                	
                  4,843,036
                    

                	
                  50024887

                	
                  CLARKSON
                    CONSTRUCTION

                
	
                  21

                	
                  SOUTHERN
                    FLORIDA

                	
                  213269

                	
                  US
                    41 TO
                    VENICE CONN

                	
                  4,847,434
                    

                	
                  51005174

                	
                  HUBBARD
                    CONSTRUCTION

                
	
                  39

                	
                  BALLENGER

                	
                  392303

                	
                  GUILFORD
                    CO.,
                    NC

                	
                  4,875,267
                    

                	
                  11239973

                	
                  APAC-ATLANTIC,
                    INC. (042)

                
	
                  71

                	
                  MISSISSIPPI

                	
                  713325

                	
                  PT-MDOT-HWY
                    51

                	
                  4,984,270
                    

                	
                  50027313

                	
                  MS
                    DEPT. OF
                    TRANSPORTATION

                
	
                  21

                	
                  SOUTHERN
                    FLORIDA

                	
                  212680

                	
                  IMMOKALEE
                    RD.
                    - J. C

                	
                  4,999,744
                    

                	
                  51108149

                	
                  JOHN
                    CARLO
                    INC.

                
	
                  21

                	
                  SOUTHERN
                    FLORIDA

                	
                  212271

                	
                  SR
                    816
                    OAKLAND PARK

                	
                  5,066,435
                    

                	
                  51071000

                	
                  FLORIDA
                    DEPT.
                    OF TRANSPORTATION

                
	
                  20

                	
                  MCCLINTON
                    ANCHOR

                	
                  203177

                	
                  AHD-Hwy412
                    Nob Hill

                	
                  5,071,812
                    

                	
                  50000354

                	
                  ARKANSAS
                    HIGHWAY DEPARTMENT

                
	
                  48

                	
                  ASHEVILLE

                	
                  482299

                	
                  C201277
                    BUNCOMBE COU

                	
                  5,163,048
                    

                	
                  50045026

                	
                  TAYLOR
&
                    MURPHY CONSTRUCTION

                
	
                  47

                	
                  MEMPHIS

                	
                  473025

                	
                  Hwy
                    135
                    Interchange

                	
                  5,190,399
                    

                	
                  11453970

                	
                  DUMEY
                    CONTRACTING

                
	
                  39

                	
                  BALLENGER

                	
                  392556

                	
                  BUNCOMBE
                    CO.,
                    NC, I-

                	
                  5,217,813
                    

                	
                  0

                	
                  **
                    NOT FOUND
                    **

                
	
                  38

                	
                  TEXAS
                    BITULITHIC

                	
                  382967

                	
                  PGBT
                    SEG
                    III

                	
                  5,243,116
                    

                	
                  50006709

                	
                  NORTH
                    TEXAS
                    TOLLWAY AUTHORITY

                
	
                  38

                	
                  TEXAS
                    BITULITHIC

                	
                  382966

                	
                  DALLAS
                    NORTH
                    TLWAY (

                	
                  5,274,444
                    

                	
                  50006709

                	
                  NORTH
                    TEXAS
                    TOLLWAY AUTHORITY

                
	
                  43

                	
                  GEORGIA

                	
                  432069

                	
                  US
                    27
                    Reconstruction

                	
                  5,311,522
                    

                	
                  51110073

                	
                  BRUCE
                    ALBEA
                    CONSTRUCTION

                
	
                  77

                	
                  FIRST
                    COAST

                	
                  772223

                	
                  SR
                    63(US27)Leon Co C

                	
                  5,323,199
                    

                	
                  0

                	
                  **
                    NOT FOUND
                    **

                
	
                  45

                	
                  ALABAMA

                	
                  453110

                	
                  Taxiway
                    L and
                    Roadwa

                	
                  5,473,814
                    

                	
                  51105456

                	
                  HUNTSVILLE
                    MADISON CO. AIRPORT

                
	
                  43

                	
                  GEORGIA

                	
                  433334

                	
                  Runway
                    8R/26L
                    Paveme

                	
                  5,563,154
                    

                	
                  50053265

                	
                  KIEWIT
                    SOUTHERN COMPANY

                
	
                  77

                	
                  FIRST
                    COAST

                	
                  772227

                	
                  SR
                    13 &
                    SR 16 St Joh

                	
                  5,662,105
                    

                	
                  51022391

                	
                  FLORIDA
                    DEPT.
                    OF TRANSPORTATION

                
	
                  39

                	
                  BALLENGER

                	
                  392301

                	
                  I-485
                    Mt
                    Holly Rd, N

                	
                  5,732,961
                    

                	
                  474505

                	
                  BLYTHE
                    CONSTRUCTION, INC.

                

        

         

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

         

         

         

        
          	
                  41

                	
                  COASTAL
                    CAROLINA

                	
                  413475

                	
                  NCDOT-HWY264
                    BYPASS-

                	
                  6,054,744
                    

                	
                  50013259

                	
                  NCDOT

                
	
                  43

                	
                  GEORGIA

                	
                  433325

                	
                  Memorial
                    Drive

                	
                  6,162,818
                    

                	
                  50035210

                	
                  MACDOUGALD
                    CONSTRUCTION

                
	
                  41

                	
                  COASTAL
                    CAROLINA

                	
                  413740

                	
                  BMCO-DOT-US220

                	
                  6,222,695
                    

                	
                  50052203

                	
                  BMCO
                    CONSTRUCTION, INC.

                
	
                  42

                	
                  THOMPSON
                    ARTHUR

                	
                  423062

                	
                  C201579
                    Randolph-Dav

                	
                  6,295,151
                    

                	
                  50017178

                	
                  NC
                    DEPT OF
                    TRANSPORTATION

                
	
                  47

                	
                  MEMPHIS

                	
                  472978

                	
                  HWY
                    147 -
                    I-55

                	
                  6,297,210
                    

                	
                  50043041

                	
                  ARKANSAS
                    HIGHWAY & TRANS. DEPT.

                
	
                  43

                	
                  GEORGIA

                	
                  432710

                	
                  NHS-0001-00(795)01

                	
                  6,298,110
                    

                	
                  50025779

                	
                  STATE
                    OF
                    GEORGIA DOT

                
	
                  28

                	
                  VIRGINIA

                	
                  282500

                	
                  CH2-SUDLEY
                    MANOR DRI

                	
                  6,300,089
                    

                	
                  11584785

                	
                  CH2MHILL,
                    INC.

                
	
                  39

                	
                  BALLENGER

                	
                  392651

                	
                  COBB/DOUGLAS
                    SR6, GA

                	
                  6,374,865
                    

                	
                  697101

                	
                  APAC
                    -
                    GEORGIA, INC. - MACDOUG.

                
	
                  88

                	
                  CHARLOTTE

                	
                  882134

                	
                  MEC
                    NC/TIDE
                    I-485 PA

                	
                  6,455,654
                    

                	
                  11303963

                	
                  TIDEWATER
                    SKANSKA, INC.

                
	
                  58

                	
                  BUSTER

                	
                  582231

                	
                  SEVIER-030268-HWY
                    70

                	
                  6,522,153
                    

                	
                  51114302

                	
                  ARKANSAS
                    ST
                    HWY & TRANS. DEPT.

                
	
                  45

                	
                  ALABAMA

                	
                  452807

                	
                  ALDOT
                    ST-659-16 JEFF

                	
                  6,584,176
                    

                	
                  50036381

                	
                  ALA.
                    DEPT OF
                    TRANS - ACCOUNTING

                
	
                  41

                	
                  COASTAL
                    CAROLINA

                	
                  413394

                	
                  SCDOT-CLAR/SUMT-I95

                	
                  6,682,332
                    

                	
                  50049771

                	
                  SCHD
                    -
                    CLARENDON - APAC JOBS

                
	
                  58

                	
                  BUSTER

                	
                  582183

                	
                  CASS-US
                    59-NH
                    2004(2

                	
                  6,839,272
                    

                	
                  50054947

                	
                  TEXAS
                    DEPT OF
                    TRANSPORTATION

                
	
                  69

                	
                  SHEARS

                	
                  692959

                	
                  Rooks
                    Co
                    183-82 K 63

                	
                  6,869,715
                    

                	
                  11687389

                	
                  KDOT
                    ROOKS
                    #2959 K6377-01

                
	
                  43

                	
                  GEORGIA

                	
                  432799

                	
                  I-75
                    CSSTP-0006-00 (

                	
                  6,925,436
                    

                	
                  11631861

                	
                  CW
                    MATTHEWS/APAC SOUTHEAST, INC.

                
	
                  25

                	
                  TROTTI
&
                    THOMPSON

                	
                  252836

                	
                  THD
                    JEFF CO
                    US 69 VA

                	
                  7,048,636
                    

                	
                  50019325

                	
                  TEXAS
                    HIGHWAY
                    DEPT.

                
	
                  21

                	
                  SOUTHERN
                    FLORIDA

                	
                  213306

                	
                  MCINTOSH
                    PHASE 2A-SA

                	
                  7,053,186
                    

                	
                  50002548

                	
                  SARASOTA
                    COUNTY FINANCE

                
	
                  41

                	
                  COASTAL
                    CAROLINA

                	
                  413229

                	
                  NCDOT
                    NHanover Milit

                	
                  7,636,710
                    

                	
                  50013259

                	
                  NCDOT

                
	
                  60

                	
                  MISSOURI

                	
                  602834

                	
                  RTE
                    I-70
                    LAFAYETTE J

                	
                  7,656,969
                    

                	
                  50018937

                	
                  MODOT
                    - NO
                    FOB!

                
	
                  41

                	
                  COASTAL
                    CAROLINA

                	
                  413287

                	
                  NCDOT
                    NewHan/Ons/Pen

                	
                  7,833,981
                    

                	
                  50013259

                	
                  NCDOT

                
	
                  88

                	
                  CHARLOTTE

                	
                  882210

                	
                  ROW
                    US 70
                    C201068

                	
                  7,909,925
                    

                	
                  50044879

                	
                  NC
                    HIGHWAY
                    COMM.

                
	
                  28

                	
                  VIRGINIA

                	
                  282395

                	
                  VDOT-I81&RT50-FRED
                    C

                	
                  7,940,834
                    

                	
                  50016008

                	
                  VIRGINIA
                    DOT
                    - STAUNTON

                
	
                  21

                	
                  SOUTHERN
                    FLORIDA

                	
                  212268

                	
                  PALMETTO
                    EXPRESSWAY

                	
                  8,116,340
                    

                	
                  11529541

                	
                  APAC
                    - MAJOR
                    PROJECTS GROUP

                
	
                  25

                	
                  TROTTI
&
                    THOMPSON

                	
                  252816

                	
                  THD
                    JEFFERSON
                    CO US6

                	
                  8,138,121
                    

                	
                  50019325

                	
                  TEXAS
                    HIGHWAY
                    DEPT.

                
	
                  43

                	
                  GEORGIA

                	
                  433212

                	
                  I-20
                    CSNHS-M002-00(9

                	
                  8,324,222
                    

                	
                  50035210

                	
                  MACDOUGALD
                    CONSTRUCTION

                
	
                  42

                	
                  THOMPSON
                    ARTHUR

                	
                  423863

                	
                  ARCHER-WESTERN,
                    LTD

                	
                  8,389,247
                    

                	
                  11365638

                	
                  ARCHER-WESTERN
                    CONTRACTORS LTD

                
	
                  33

                	
                  GULF
                    COAST

                	
                  332232

                	
                  I-110
                    Escambia Count

                	
                  8,423,480
                    

                	
                  51107925

                	
                  ARCHER
                    WESTERN

                
	
                  43

                	
                  GEORGIA

                	
                  433254

                	
                  SR
                    53 Hall
                    Co.STP-06

                	
                  8,451,518
                    

                	
                  50035210

                	
                  MACDOUGALD
                    CONSTRUCTION

                
	
                  41

                	
                  COASTAL
                    CAROLINA

                	
                  413118

                	
                  NCDOT
                    NC 55
                    Craven 2

                	
                  8,479,304
                    

                	
                  50013259

                	
                  NCDOT

                
	
                  71

                	
                  MISSISSIPPI

                	
                  713402

                	
                  TM-I-55
                    Joint
                    Ventur

                	
                  8,558,675
                    

                	
                  11773463

                	
                  SUPERIOR
                    ASPHALT,INC & APAC MS

                
	
                  44

                	
                  MACDOUGALD
                    CONSTRUCTION

                	
                  442253

                	
                  SC
                    West Ga.
                    Rd. I-38

                	
                  8,783,276
                    

                	
                  51114812

                	
                  SOUTH
                    CAROLINA STATE HIGHWAY D

                
	
                  60

                	
                  MISSOURI

                	
                  602652

                	
                  RT
                    160 GREENE
                    J8U053

                	
                  9,274,007
                    

                	
                  50018458

                	
                  MO
                    HWY &
                    TRANS DEPT. #8

                
	
                  77

                	
                  FIRST
                    COAST

                	
                  772207

                	
                  I95
                    Flagler
                    County

                	
                  9,927,697
                    

                	
                  51022577

                	
                  SUPERIOR
                    CONSTRUCTION

                
	
                  66

                	
                  KANSAS
                    CITY

                	
                  662120

                	
                  MDOT
                    Rte
                    I-35

                	
                  10,065,958
                    

                	
                  50042233

                	
                  MISSOURI
                    STATE HWY. DEPT. - JOBS

                
	
                  75

                	
                  CENTRAL
                    FLORIDA

                	
                  752359

                	
                  SR
                    60 Brandon
                    Blvd

                	
                  10,087,015
                    

                	
                  51005740

                	
                  FLORIDA
                    DEPT.
                    OF TRANSPORTATION

                
	
                  49

                	
                  HARRISON

                	
                  493412

                	
                  FHWA
                    Newfound
                    Gap Rd

                	
                  10,110,812
                    

                	
                  50046032

                	
                  FEDERAL
                    HIGHWAY ADM

                
	
                  33

                	
                  GULF
                    COAST

                	
                  333820

                	
                  Russell
                    County-BD/EM

                	
                  10,383,430
                    

                	
                  51000280

                	
                  STATE
                    OF
                    ALABAMA

                
	
                  69

                	
                  SHEARS

                	
                  693014

                	
                  Ellis
                    Co
                    183-26 K 82

                	
                  10,695,173
                    

                	
                  0

                	
                  **
                    NOT FOUND
                    **

                
	
                  75

                	
                  CENTRAL
                    FLORIDA

                	
                  752931

                	
                  Viera
                    Blvd
                    Overpass/

                	
                  10,724,959
                    

                	
                  11120147

                	
                  THE
                    VIERA
                    COMPANY

                
	
                  47

                	
                  MEMPHIS

                	
                  473030

                	
                  FEDEX
                    Tang
                    Ramp Expa

                	
                  10,771,017
                    

                	
                  50043164

                	
                  FEDERAL
                    EXPRESS

                
	
                  20

                	
                  MCCLINTON
                    ANCHOR

                	
                  203179

                	
                  AHD-Hwy62
                    Farmington

                	
                  11,111,267
                    

                	
                  50000354

                	
                  ARKANSAS
                    HIGHWAY DEPARTMENT

                
	
                  41

                	
                  COASTAL
                    CAROLINA

                	
                  413277

                	
                  NCDOT
                    US 17
                    May to J

                	
                  11,258,447
                    

                	
                  50013259

                	
                  NCDOT

                
	
                  48

                	
                  ASHEVILLE

                	
                  482183

                	
                  C200809
                    IREDELL COUN

                	
                  11,325,177
                    

                	
                  50044879

                	
                  NC
                    HIGHWAY
                    COMM.

                

        

         

         

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

         

         

        
          	
                  75

                	
                  CENTRAL
                    FLORIDA

                	
                  752335

                	
                  Tampa
                    Airport
                    Interc

                	
                  11,351,051
                    

                	
                  11634519

                	
                  FLATIRON
                    TIDEWATER SKANSKA

                
	
                  39

                	
                  BALLENGER

                	
                  392402

                	
                  I-485
                    Oakdale
                    to Sta

                	
                  11,368,421
                    

                	
                  51109934

                	
                  TIDEWATER
                    SKANSKA, INC.

                
	
                  44

                	
                  MACDOUGALD
                    CONSTRUCTION

                	
                  442269

                	
                  US278
                    Thornton Road

                	
                  11,431,876
                    

                	
                  50025779

                	
                  STATE
                    OF
                    GEORGIA DOT

                
	
                  33

                	
                  GULF
                    COAST

                	
                  332262

                	
                  SR
                    85
                    Niceville

                	
                  11,442,789
                    

                	
                  50043840

                	
                  FLORIDA
                    DEPT.
                    OF TRANSPORTATION

                
	
                  21

                	
                  SOUTHERN
                    FLORIDA

                	
                  212627

                	
                  IMMOKALEE
                    RD
                    4 LANE-

                	
                  11,949,020
                    

                	
                  50001925

                	
                  COLLIER
                    COUNTY BOARD OF

                
	
                  88

                	
                  CHARLOTTE

                	
                  882203

                	
                  ROW
                    NC
                    C201205

                	
                  12,059,946
                    

                	
                  50044879

                	
                  NC
                    HIGHWAY
                    COMM.

                
	
                  58

                	
                  BUSTER

                	
                  582243

                	
                  SMITH-SFT
                    429-5-2, E

                	
                  12,717,987
                    

                	
                  50054947

                	
                  TEXAS
                    DEPT.
                    OF TRANSPORTATION

                
	
                  28

                	
                  VIRGINIA

                	
                  282619

                	
                  TSI-VDOT-I-95/I495
                    R

                	
                  13,029,505
                    

                	
                  51109934

                	
                  TIDEWATER
                    SKANSKA, INC.

                
	
                  41

                	
                  COASTAL
                    CAROLINA

                	
                  413455

                	
                  RE
                    GOODSON-US74 ROBE

                	
                  13,234,073
                    

                	
                  50048710

                	
                  R.E.
                    GOODSON
                    CONSTRUCTION

                
	
                  45

                	
                  ALABAMA

                	
                  452811

                	
                  ALDOT
                    APD-0471(530)

                	
                  13,413,403
                    

                	
                  50036381

                	
                  ALA.
                    DEPT OF
                    TRANS-ACCOUNTING

                
	
                  47

                	
                  MEMPHIS

                	
                  472982

                	
                  Highway
                    304
                    Desoto &

                	
                  13,639,816
                    

                	
                  51113766

                	
                  MISSISSIPPI
                    DEPT OF TRANS.

                
	
                  42

                	
                  THOMPSON
                    ARTHUR

                	
                  423839

                	
                  C200734:
                    GSO
                    Western

                	
                  13,724,648
                    

                	
                  50017178

                	
                  NC
                    DEPT OF
                    TRANSPORTATION

                
	
                  20

                	
                  MCCLINTON
                    ANCHOR

                	
                  203189

                	
                  AHD-Hwy59
                    3
                    Miles S.

                	
                  13,919,278
                    

                	
                  50000354

                	
                  ARKANSAS
                    HIGHWAY DEPARTMENT

                
	
                  47

                	
                  MEMPHIS

                	
                  472931

                	
                  I-55
                    Desoto
                    Co.

                	
                  14,443,319
                    

                	
                  51113766

                	
                  MISSISSIPPI
                    DEPT OF TRANS.

                
	
                  43

                	
                  GEORGIA

                	
                  433285

                	
                  SR
                    316/I-85
                    Macdouga

                	
                  15,061,097
                    

                	
                  50035210

                	
                  MACDOUGALD
                    CONSTRUCTION

                
	
                  77

                	
                  FIRST
                    COAST

                	
                  772781

                	
                  Middleground
                    Rd-Chat

                	
                  16,205,396
                    

                	
                  51113418

                	
                  STATE
                    OF
                    GEORGIA DOT

                
	
                  47

                	
                  MEMPHIS

                	
                  473018

                	
                  164TH
                    Airlift
                    Wing R

                	
                  16,942,397
                    

                	
                  50026258

                	
                  CH2M
                    HILL
                    INC.

                
	
                  41

                	
                  COASTAL
                    CAROLINA

                	
                  413348

                	
                  NCDOT
                    Pamlico
                    Co NC

                	
                  17,105,013
                    

                	
                  50013259

                	
                  NCDOT

                
	
                  33

                	
                  GULF
                    COAST

                	
                  332946

                	
                  IM
                    1065(345)
                    Conecuh

                	
                  17,579,115
                    

                	
                  51000280

                	
                  STATE
                    OF
                    ALABAMA

                
	
                  44

                	
                  MACDOUGALD
                    CONSTRUCTION

                	
                  442264

                	
                  Perimeter
                    Parkway

                	
                  17,896,317
                    

                	
                  50025779

                	
                  STATE
                    OF
                    GEORGIA DOT

                
	
                  94

                	
                  APAC
                    94-MAJOR
                    PROJECTS

                	
                  942003

                	
                  SR
                    79 WEST
                    BAY BRIDG

                	
                  17,923,981
                    

                	
                  472382

                	
                  FLORIDA
                    DEPT.
                    OF TRANSPORTATION

                
	
                  44

                	
                  MACDOUGALD
                    CONSTRUCTION

                	
                  442272

                	
                  Riverside
                    Drive

                	
                  17,981,048
                    

                	
                  50025779

                	
                  STATE
                    OF
                    GEORGIA DOT

                
	
                  44

                	
                  MACDOUGALD
                    CONSTRUCTION

                	
                  442270

                	
                  SR53
                    Hall
                    County

                	
                  19,366,488
                    

                	
                  50025779

                	
                  STATE
                    OF
                    GEORGIA DOT

                
	
                  69

                	
                  SHEARS

                	
                  692992

                	
                  KDOT
                    Ellsworth 6802-

                	
                  20,254,161
                    

                	
                  11740995

                	
                  KDOT
                    ELLSWORTH #2992 K6802-01

                
	
                  42

                	
                  THOMPSON
                    ARTHUR

                	
                  422020

                	
                  C200734:
                    GSO
                    Western

                	
                  21,541,220
                    

                	
                  50017178

                	
                  NC
                    DEPT OF
                    TRANSPORTATION

                
	
                  21

                	
                  SOUTHERN
                    FLORIDA

                	
                  212656

                	
                  VANDERBILT
                    RD
                    IMPROV

                	
                  25,069,213
                    

                	
                  50001925

                	
                  COLLIER
                    COUNTY BOARD OF

                
	
                  60

                	
                  MISSOURI

                	
                  602855

                	
                  RTE
                    249
                    JASPER J7U04

                	
                  26,948,014
                    

                	
                  50018937

                	
                  MODOT
                    - NO
                    FOB!

                
	
                  39

                	
                  BALLENGER

                	
                  392559

                	
                  CARROLL-HARALSON

                	
                  27,970,486
                    

                	
                  697101

                	
                  APAC
                    -
                    GEORGIA, INC. - MACDOUG

                
	
                  44

                	
                  MACDOUGALD
                    CONSTRUCTION

                	
                  442271

                	
                  I85
                    @ SR316
                    Gwinnett

                	
                  29,141,176
                    

                	
                  51115921

                	
                  APAC/CWM
                    -
                    JOINT VENTURE

                
	
                  44

                	
                  MACDOUGALD
                    CONSTRUCTION

                	
                  442267

                	
                  I-20
                    Rehab
                    SR1/US27

                	
                  29,777,601
                    

                	
                  50025779

                	
                  STATE
                    OF
                    GEORGIA DOT

                
	
                  94

                	
                  APAC
                    94-MAJOR
                    PROJECTS

                	
                  942002

                	
                  Palmetto
                    Expressway

                	
                  36,175,806
                    

                	
                  472382

                	
                  FLORIDA
                    DEPT.
                    OF TRANSPORTATION

                
	
                  44

                	
                  MACDOUGALD
                    CONSTRUCTION

                	
                  442273

                	
                  Memorial
                    Drive Inter

                	
                  43,505,311
                    

                	
                  50025779

                	
                  STATE
                    OF
                    GEORGIA DOT

                
	
                  94

                	
                  APAC
                    94-MAJOR
                    PROJECTS

                	
                  942001

                	
                  Sawgrass
                    Widening

                	
                  50,197,032
                    

                	
                  472382

                	
                  FLORIDA
                    DEPT.
                    OF TRANSPORTATION

                
	 	
                  TOTAL

                	 	 	
                  $1,592,262,625
                    

                	 	 
	 	 	 	 	 	 	 

        

      

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        Table
          of Contents

      

    

     

    
Schedule
      3.09:

    Permits

     

    

    Special
      Use Permit #96-0040,
      APAC-VA, Inc. (Brentsville Magisterial District), allowing the operation of
      an
      asphalt plant and the use of garage/repair facility, located on the east side
      of
      Vulcan Lane, at its intersection with Wellington Road, in the Brentsville
      Magisterial District, will expire in November 2006. The Prince William Board
      of
      County Supervisors has not yet determined whether it will be
      renewed.

     

     

    
      
        
        

      

      
        25

        
          

        

      

      
        Table
          of Contents

      

    

    
 

    Schedule
      3.10:

    Taxes

     

    Currently
      there are no tax years under federal audit. Seller will shortly execute federal
      Forms 870-AD for tax years 1992 through 2003. The federal audit of tax years
      2004 and 2005 is expected to commence in August, 2006.

     

    Seller
      has waivers extending the statute of limitations for (1) Tax Years 1999, 2000
      & 2001, extended to June 30, 2007, and (2) Tax Year 2002, extended to
      December 31, 2006.

     

    Seller
      plans to make waivers extending the statute of limitations for (1) Tax Years
      2002 & 2003, to be extended to December 31, 2007, and (2) Tax Year 2004, to
      be extended to July 31, 2008.

     

    
      	 	
              APAC
                Entity

            	
              Division

            	
              Type
                of Tax

            	
              Taxing
                Authority

            	
              Periods

            
	
              1

            	
              APAC-Texas,
                Inc.

            	
            	
              Sales
                and 
Use Tax

            	
              State
                of Texas

            	
              10/2001
                - 9/2004

               

            
	
              2

               

            	
              APAC-Missouri,
                Inc.

            	
            	
              Sales
                and 
Use Tax

            	
              State
                of Missouri

            	
              6/1/2002
                - 5/31/2005

               

            
	
              3

               

            	
              APAC-Southeast,
                Inc.

            	
            	
              Sales
                and Use Tax

            	
              City
                of Huntsville, AL

            	
              4/1/2003
                - 3/31/2006

               

            
	
              4

            	
              APAC-Southeast,
                Inc.

            	
              APAC-Georgia,
                Inc.

            	
              Property

            	
              Assessor
                for Clark 
County, GA

            	
              2003,
                2004, 2005

               

            
	
              5

               

            	
              APAC-Southeast,
                Inc.

               

            	
              Ballenger

            	
              Property

            	
              Assessor
                for Peach 
County, GA

            	
              2003,
                2004

            
	
              6

               

            	
              The
                State of Colorado has scheduled an audit of Ashland Inc. and its
                subsidiaries, which would include the Transferred
                Companies.

            
	
              7

            	
              The
                State of Texas has proposed penalties against APAC-Oklahoma, Inc.
                The
                issue of penalties is being contested. The underlying tax liability
                has
                been settled.

               

            
	
              8

               

            	
              The
                State of Kansas denied credits claimed by APAC-Kansas, Inc. This
                is being
                contested.

               

            
	
              9

               

            	
              The
                State of Tennessee has scheduled an audit of Ashland Inc. and its
                subsidiaries for 1996 to current tax years, which would include the
                Transferred Companies.

            
	
              10

            	
              The
                State of Texas has scheduled an audit of Ashland Inc. and its subsidiaries
                for the 1996, 1997, and 1998 tax years, which would include the
                Transferred Companies.

            

    

    
 

    
      
        
        

      

      
        26

        
          

        

      

      
        Table
          of Contents

      

    

     

     

    Schedule
      3.11:

    Proceedings

     

    

    Actions
      Against Seller or a Transferred Company

     

    
      	
              1)

            	
              Haberman
                v. APAC-Oklahoma, Inc.
                This is a personal injury lawsuit that occurred in APAC’s work zone.
                Plaintiff brought suit against APAC and others and is seeking over
                $ 1
                million in damages. APAC has cross-claim against its traffic control
                subcontractor on the project.

            

    

     

    
      	
              2)

            	
              USDOT
                Quality Control Investigation (North Carolina). USDOT and APAC have
                reached a verbal agreement to settle the investigation into falsified
                quality control test results.

            

    

     

    
      	
              3)

            	
              Elliott
                Accident. This claim is not currently a lawsuit. An APAC service
                truck was
                involved in a fatal car accident. APAC has received a settlement
                demand in
                the amount of $1.79 million.

            

    

     

    
      	
              4)

            	
              Azuara
                v. APAC-Southeast, Inc.
                Personal injury claim arising from a motor vehicle accident on SR-80
                in
                Alva, Florida. In April 2006, Robert Casey failed to stop at a blinking
                red light and stop sign at an intersection. Mr. Casey struck the
                back of a
                pickup truck being operated by Pedro Azuara. The impact caused the
                pickup
                truck, which was carrying 5 adults and 2 children, to overturn. Three
                individuals died as a result of the injuries that they sustained
                in the
                accident, and two children sustained serious injuries. The Plaintiff
                and
                Alexjandro Ramirez also sustained serious injuries. APAC was working
                on a
                project on SR-80 for FDOT. Just prior to the accident, APAC relocated
                the
                stop sign at the intersection of the accident. Although APAC placed
                a
                flashing light on the relocated stop sign, the investigating police
                officer and several local residents indicated that the relocated
                stop sign
                played a significant role in the
                accident.

            

    

     

    
      	
              5)

            	
              Dorrell
                v. APAC-Carolina, Inc. This
                personal injury case arises from a motor vehicle accident in Georgetown
                County, South Carolina. In April 1996, the Plaintiff lost control
                of her
                pickup truck and overturned in a drainage ditch. The Plaintiff was
                ejected
                from the car and sustained serious injuries. She incurred medical
                expenses
                of approximately $50,000 and unspecified lost earnings. The Plaintiff
                claims that SCDOT and APAC failed to correct a large drop-off on
                the
                shoulder of the roadway and that the drop-off caused the Plaintiff
                to lose
                control of her vehicle. Prior to the accident, APAC’s work had been
                accepted by SCDOT. SCDOT settled with the Plaintiff, and the trial
                court
                granted summary judgment to APAC based on the “completion and acceptance
                doctrine.” Plaintiff’s appeal was heard by the South Carolina Supreme
                Court on October 21, 2004, and the Supreme Court struck down the
                “completion and acceptance
                doctrine.”

            

    

     

    
      	
              6)

            	
              Forrester
                v. APAC-Southeast, Inc.
                This personal injury claim arises from a motor vehicle accident on
                CR 28
                in Jefferson County, Georgia. On January 6, 2003, an APAC employee
                struck
                the cab of the Plaintiff’s tractor trailer with the backhoe bucket while
                excavating along the roadway and caused minor damage to the same.
                The
                Plaintiff claimed to have sustained soft-tissue injuries and filed
                a
                workers’ compensation claim. During mediation on
                

            

    

     

    
      
        
        

      

      
        27

        
          

        

      

      
        Table
          of Contents

      

    

     

     

    

      
        	 	
                September
                  1, 2005, the Plaintiff alleged for the first time that she was
                  struck in
                  the head by a hair spray can at the time of the impact and sustained
                  a
                  closed-head injury. Based on the testimony of the court-appointed
                  psychiatrist in the case regarding the Plaintiff’s mental state after the
                  accident (that she suffered from post-traumatic stress syndrome
                  and
                  depression and is unable to return to work), the Plaintiff increased
                  her
                  demand to $1.5 million. We tried the case during the week of June
                  26, 2006
                  and the jury returned a verdict of approximately $467,000. Since
                  the Court
                  issued several improper rulings, we filed a motion for a new
                  trial.

              

      

       

    

    
      	
              7)

            	
              Lisiecki
                v. APAC-Southeast, Inc.
                This wrongful death case arises from a motor vehicle accident in
                Miami,
                Florida. In July 2002, an independent hauler delivering asphalt to
                an APAC
                paver ran over Benjamin Lisiecki when Mr. Lisiecki emerged from a
                manhole.
                Mr. Lisiecki died before arriving at the hospital. The independent
                hauler
                did not follow the instructions of APAC’s crew and attempted to back up
                almost 312 feet in order to reach the paver. The independent hauler’s
                insurance was cancelled in May 2002 and we were never notified of
                the
                cancellation. APAC was working as a subcontractor for codefendant
                M. Vila
                & Associates.

            

    

     

    
      	
              8)

            	
              Wolfe
                v. APAC-Arkansas, Inc.
                (Arkhola) This breach of contract case arises from a lease agreement
                for
                the Jenny Lind Quarry in Sebastian County, Arkansas. The Plaintiff
                claims
                that APAC breached the lease by failing to construct a road on the
                property. APAC contends that it was willing to construct a road on
                the
                property and has been unable to construct the same because the Plaintiff
                is demanding a “subdivision.” APAC has made numerous attempts to resolve
                this case. The Plaintiff, however, has no interest in the road and
                is
                seeking to obtain money damages. Plaintiff has demanded that we purchase
                the property for $1,800,000 or settle the case for $1,500,000. The
                Court
                will hear our Motion for Summary Judgment on July 28,
                2006.

            

    

     

    
      	
              9)

            	
              Sierra
                Club v. Corps of Engineers. This
                is an environmental challenge in Federal Court to Section 404 permits
                issued to mining companies in the “lake belt” area of Miami, including the
                APAC quarrying operations under the White Rock royalty agreement.
                APAC,
                Florida Rock, Tarmac, Rinker and others intervened. On March 22,
                2006, the
                Court ruled on Plaintiffs’ motion for summary judgment, which was filed
                over a year ago. The ruling granted the motion, and held that the
                permits
                were illegally issued. A hearing to decide the remedy - whether and
                to
                what extent future mining will be restricted - began on June 13,
                2006. The
                hearing will probably extend into late August. See Schedule 3.15
                “Compliance with Applicable Environmental Laws” for additional
                information.

            

    

     

    
      	
              10)

            	
              Thomas
                Covington, Jr. accident. This is a wrongful death claim that arises
                from a
                motorcycle accident in APAC’s work zone in which Plaintiff hit a drop off
                between lanes of traffic and crashed his motorcycle. Uneven pavement
                signs
                were not posted. APAC (no lawsuit filed yet); Coastal Carolina division
                workzone accident.

            

    

     

    
      	
              11)

            	
              John
                D. Stephens, Inc. v. 5R Constructors, LLC.
                This is a breach of contract claim filed by a dirt supplier at the
                5th
                Runway Project at Hartsfield International Airport in Atlanta, Georgia.
                APAC is not named as a party in the litigation but is a member of
                Defendant 5R Constructors LLC (“5R”) and supplied a bond for its portion
                of the project. The Plaintiff contends that 5R reduced the dirt quantities
                to be used on the project without the Plaintiff’s consent. The dirt
                

            

    

     

    
      
        
        

      

      
        28

        
          

        

      

      
        Table
          of Contents

      

    

     

    
      
        	 	
                quantity
                  reductions were ordered by the City of Atlanta, owner of the airport
                  and
                  manager of the project. 5R’s contract with the City and it subcontract
                  with the Plaintiff provide that the City has the right to reduce
                  the
                  estimated quantities of dirt. Plaintiff is seeking specific damages
                  of
                  approximately $50MM and punitive damages of approximately $182MM.
                  The
                  Court granted summary judgment to the City but denied 5R’s summary
                  judgment motion. 5R has appealed the
                  decision.

              

      

       

    

    
      	
              12)

            	
              Abbott
                v. APAC-Mississippi, Inc. Bad
                faith suit brought by William Abbott for $5.75 million in Circuit
                Court,
                Lee County, Mississippi. Suit filed on August 3,
                2005.

            

    

     

    
      	
              13)

            	
              State
                Agency in Shawnee, Oklahoma has threatened to issue an order requiring
                clean-up of an APAC site, but there has been no decision on the part
                of
                the state as to how to proceed. Contamination (solvents) pre-existed
                APAC
                but became APAC’s responsibility through the Superfos acquisition.
                Liability was retained in the sale of the operation to Haskell Lemons.
                See
                Schedule 3.15 “Compliance with Applicable Environmental Laws” for
                additional information.

            

    

     

    
      	
              14)

            	
              Salisbury,
                North Carolina claims. There are three tort actions involving four
                plaintiffs for wrongful death and health impacts associated with
                living or
                working near an industrial area. APAC purchased the Salisbury asphalt
                plant in 1998; APAC is one of multiple defendants. See Schedule 3.15
                “Compliance with Applicable Environmental Laws” for additional
                information.

            

    

     

    
      	
              15)

            	
              Mississippi
                silica matters - Multiple multi-plaintiff actions have been filed
                in
                Mississippi for alleged silica exposure against a variety of defendants,
                including APAC. APAC has supplied sand in the area. No information
                as to
                how many plaintiffs or the nature of the claims (workplace exposure,
                bystander exposure, etc) is yet available. Originally up to approximately
                700 plaintiffs were possible but the number is reducing (without
                effort on
                the part of APAC) given recent rulings in other non-APAC silica
                matters.

            

    

     

    
      	
              16)

            	
              Ellen
                Settles v. Leathers and MHTC and APAC-Kansas, Inc.
                Tort action for wrongful death. Decedent was driving through construction
                zone when another driver traveling in the opposite direction crossed
                through traffic control and collided head with decedent’s vehicle. APAC,
                other driver, state, and traffic control subcontractor are all defendants.
                APAC is not believed to have any liability but joint and several
                liability
                applies (given filing date) in the event of any a finding of any
                negligence on the part of APAC.

            

    

     

    
      	
              17)

            	
              Rush
                v. Baker.
                Plaintiffs are the children, wife and mother of decedent Hardney
                L. Rush.
                Mr. Rush was electrocuted while assisting with the relocation of
                a
                conveyor being carried by a crane that came into contact with overhead
                power lines. Plaintiffs have filed suit against Richard Baker, the
                APAC
                operator of the crane, and Kansas City Power & Light, the owner of the
                power lines. KCP&L filed a third party action against APAC-Missouri,
                Inc. for contribution on the basis that APAC did not notify KCPL
                that work
                would be conducted within 10 feet of a power
                line.

            

    

     

    
      	
              18)

            	
              Green
                v. APAC-Southeast, Inc. In
                April 2003, Plaintiff, a truck driver delivering liquid asphalt to
                APAC’s
                Okeechobee asphalt plant, was badly burned on his face, neck, hands,
                and
                legs when he improperly removed a hose from a storage tank in order
                to
                offload liquid asphalt from the truck to the tank. Plaintiff and
                his wife
                filed suit against APAC, Ray Curtis (a former APAC employee), and
                Perry
                Ludt (an APAC employee) alleging among other things that they were
                negligent in failing to warn of dangerous conditions on the property.
                APAC
                has assumed defense and indemnity of Curtis and Perry with a reservation
                of rights. Summary judgment in favor of APAC was granted by trial
                court,
                but it could be overturned by pending appellate court
                decision.

            

    

     

    
      
        
        

      

      
        29

        
          

        

      

      
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          of Contents

      

    

     

    
      	
              19)

            	
              I-20
                cases (in Mississippi). APAC was sued along with a truck driver,
                trucking
                company, and an APAC subcontractor in relation to a multi-vehicle,
                multi-fatality accident which occurred on I-20 in the backup to
                construction work. These matters include multiple separate lawsuits
                (Grafe, Goodwin, etc). APAC is currently being indemnified and defended
                by
                its subcontractor who has approximately $9 million in insurance coverage.
                The accident occurred when a truck driver, who failed to brake at
                any
                time, drove into traffic hitting multiple vehicles. Under Mississippi
                law,
                where one party is more than 50% at fault, joint and several liability
                does not exist.

            

    

     

    
      	
              20)

            	
              Pond
                Limited Partnership claim.
                On
                August 8, 2006, APAC received a letter from Ralph B. Pond of Pond
                Limited
                Partnership, alleging that APAC-Atlantic, Inc. (“APAC”) (i) owes the
                partnership approximately 15 years worth of unpaid royalties pursuant
                to
                the 1981 agreement by which APAC purchased the property from Mr.
                Pond’s
                family, under which he claims APAC agreed to pay a per ton royalty
                for
                asphalt produced by APAC’s Plant #8 in Myrtle Beach, South Carolina, and
                (ii) is required to remove an unspecified quantity of “contaminated soil
                and asphalt” from an adjacent property which the Pond family allowed APAC
                to use in exchange for the aforementioned royalty payments. APAC
                is in the
                process of investigating these allegations and responding to Mr.
                Pond.

            

    

     

    
      	
              21)

            	
              Mississippi
                Quality Control Investigation. 
                On
                August 7, 2006, a quality-control technician based at APAC’s Columbus,
                Mississippi asphalt plant contacted the Ashland hotline and reported
                that
                he had been pressured to falsify quality-control test results. The
                employee asked a former APAC quality-control technician to contact
                the
                hotline on August 8, 2006, in order to confirm these allegations.
                Both
                callers said that they had falsified test results because production
                employees had “insinuated” that the technicians needed “help out the
                team.” The first caller had been disciplined on August 7, 2006 for
                tardiness and has had a long-standing personal conflict with the
                new Area
                Manager. It is also apparent that the first caller is concerned about
                the
                Oldcastle transaction and its impact on his future employment. The
                APAC
                Law Department interviewed numerous managers, quality control technicians,
                and production personnel at the three plants associated with the
                Columbus
                Branch on August 9, 2006, and also interviewed two former
                technicians, including the second caller, via telephone and reviewed
                the
                daily diaries maintained at the Columbus plant. The callers indicated
                that
                it would be very difficult to track the falsified tests or quantify
                the
                number of falsifications. At this time, APAC is planning to inspect
                the
                seven other asphalt plants in Mississippi and review APAC’s QC Integrity
                Policy with the plant personnel. Randy West of the National Center
                for
                Asphalt Technology has agreed to audit the plants during those visits
                and
                assist in the investigation. Once these remaining visits have taken
                place,
                the Regional Vice-President and Division President of APAC intend
                to meet
                with the Mississippi Department of Transportation in order to discuss
                the
                matter.

            

    

     

    
      
        
        

      

      
        30

        
          

        

      

      
        Table
          of Contents

      

    

    Default
      on Judgments

     

    None.

     

    Actions
      by Transferred Companies

     

    
      	
              22)

            	
              APAC-Kansas,
                Inc. v. Terracon Environmental, Inc. APAC
                is seeking to recover $2.4 million in damages to recover cost of
                repair on
                151ST Street Bridge Project.

            

    

     

    
      	
              23)

            	
              APAC-Atlantic,
                Inc. v. Laura & Associates - to
                pursue damages in excess of $1 million for defective work and delay
                against Laura & Associates, a subcontractor on the Western Loop
                Project in Guilford County, which refused to complete the work under
                its
                subcontract and was terminated.

            

    

     

    
      	
              24)

            	
              APAC-Oklahoma,
                Inc. v. National American Insurance Company.
                This is a suit for bad faith litigation for anticipated and accrued
                indemnification and defense costs arising from the Haberman and Moomey
                litigation.

            

    

     

    
      	
              25)

            	
              APAC-Southeast,
                Inc. v. Florida Tank Lines.
                This is a case for indemnification and defense costs arising from
                Green
                litigation, expected to be in excess of $500,000 if summary judgment
                in
                favor of APAC is overturned by pending appellate court
                decision.

            

    

     

    
      	
              26)

            	
              I-81
                claims (4 multi-million dollar claims). Three separate but related
                projects on I-81 for the WVDOT. The first project was delayed by
                in excess
                of one year and thus impacted all 3 jobs. DOT has claimed liquidated
                damages and APAC has claimed delay costs. Total amount claimed is
                approximately $6 million. Another lawsuit was filed against a supplier,
                Tecspan Concrete a/k/a Prestress Services, due to problems and delays
                associated with the concrete beams they supplied. Claims against
                Tecspan
                are in excess of $200,000. Virginia
                Division

            

    

     

    
      	
              27)

            	
              APAC-Southeast,
                Inc. claim against Nassau County, FL and Alltel for approximately
                $500,000. Claims are for delays associated with failure to timely
                relocate
                utilities such that right of ways for APAC’s construction were not
                available per project
                specifications.

            

    

     

    
      	
              28)

            	
              APAC-Southeast,
                Inc. claim against FDOT relating to SR-79 due to borrow and fill
                problems
                contrary to specifications. Claim is for $402,000 plus interest and
                costs.
                Gulf Coast Division

            

    

     

    
      	
              29)

            	
              Cambridge
                Eastfield v. APAC-Atlantic, Inc.
                This is a lawsuit brought by developer to negate the mechanic’s lien of
                APAC and other subs following the bankruptcy of the prime. APAC contested
                the removal of the lien and brought a counterclaim for an amount
                up to
                approximately $600,000. Charlotte
                Division

            

    

     

    
      	
              30)

            	
              F.T.
                Williams bankruptcy claim. This is a claim against a bankrupt
                subcontractor who had subcontracts for three APAC projects. F.T.
                Williams
                left APAC job sites and never returned. Claim is for approximately
                $3.56
                million.

            

    

    
 

    
      
        
        

      

      
        31

        
          

        

      

      
        Table
          of Contents

      

    

     

    
       

      
        	
                31)

              	
                APAC-Southeast,
                  Inc. v. Coastal Caisson Corp.
                  This breach of contract case arises from a GDOT project. The Defendant
                  provided APAC with a quote for its work, but after APAC was awarded
                  the
                  project, Defendant refused to execute a subcontract and claimed
                  that the
                  parties were unable to reach a “mutually acceptable” subcontract. APAC was
                  forced to retain a replacement contractor to complete this work.
                  We are
                  seeking damages in excess of $500,000 for the delays and increased
                  subcontract costs caused by the
                  Defendant.

              

      

       

    

    
      	
              32)

            	
              APAC-Southeast,
                Inc. v. Florida Department of Transportation.
                This claim for additional compensation arises from a construction
                project
                in Pensacola, Florida. APAC was awarded an FDOT contract to construct
                a
                weigh station. FDOT subsequently awarded a resurfacing contract for
                I-10
                to one of APAC’s competitors, Anderson-Columbia (“A/C”). When FDOT
                determined that the projects impeded one another, it removed work
                valued
                at approximately $1.5MM from APAC’s contract and added the work to A/C’s
                contract. FDOT, however, failed to address the conflicts raised by
                the two
                projects. APAC filed a claim for approximately $2.8MM for damages
                arising
                from the delays caused by the conflicts. These damages include the
                improper assessment of approximately $914,000 in liquidated
                damages.

            

    

     

    
      	
              33)

            	
              APAC-Southeast,
                Inc. v. Pacific Vinings West, LLC. This
                claim for additional compensation arises from a construction project
                in
                Smyrna, Georgia. APAC performed grading and site work for a large
                mixed
                use development. APAC is in the process of submitting a claim in
                the
                amount of $3.0MM for delay damages and the costs of the additional
                work.

            

    

     

    
      	
              34)

            	
              BellSouth
                Telecommunications, Inc. v. APAC-Southeast, Inc.
                Bellsouth filed this collection action in order to recover damages
                for
                damaged utility lines on APAC’s McFarland Road project in Forsyth County,
                Georgia. BellSouth is seeking to recover approximately $28,000 plus
                interest and attorney fees. We filed a counterclaim and are seeking
                to
                recover in excess of $500,000 because BellSouth delayed our work
                on the
                project when it failed to relocate the lines in a timely manner.
                No
                reserve has been established.

            

    

     

    
      	
              35)

            	
              Pavement
                Specialists, Inc. v. APAC-Southeast, Inc. v. GDOT.
                This contract case arises from GDOT projects on I-75 in Bibb County/Monroe
                County, Georgia. Pavement Specialists, Inc (“PSI”), APAC’s subcontractor,
                claims that it incurred losses of approximately $1.0MM because GDOT
                and/or
                APAC increased its scope of work on the projects. According to the
                PSI,
                the increased quantities made its work more unproductive and costly.
                GDOT
                denied PSI’s claim for additional compensation so PSI filed a direct
                action against APAC. PSI and APAC agreed to stay that case so that
                PSI
                could file a pass-through claim against GDOT. When PSI filed the
                pass-through claim against GDOT, GDOT refused to execute two
                previously-negotiated supplemental agreements with APAC. As a result,
                APAC
                has asserted a claim for additional compensation of approximately
                $800,000.

            

    

     

    
      	
              36)

            	
              APAC-Oklahoma,
                Inc. and APAC-Arkansas, Inc. v. CIC Frontier, Inc and Cummins Investment
                Corp.
                APAC has filed suit against CIC Frontier and Cummins Investment Corp.
                based upon CIC Frontier's termination of all of its existing sales
                orders
                with APAC. APAC is also filing an application for a temporary restraining
                order barring CIC Frontier and Cummins Investment Corp. from selling
                either their terminal or remaining supply of liquid asphalt. APAC's
                estimated damages in this matter are in excess of $4
                million.

            

    

     

    
      	
              37)

            	
              The
                following are routine collection matters that are not known to involve
                significant disputes:

            

    

     

    
      
        
        

      

      
        32

        
          

        

      

      
        Table
          of Contents

      

    

    
 

    
      	 	
              a)

            	
              A
                lien claim against W.G. Yates & Sons Construction Company for
                $827,276.45.

            

    

     

    
      	 	
              b)

            	
              A
                bond claim against Carolina Consulting for
                $511,994.83.

            

    

     

    
      	 	
              c)

            	
              A
                collection claim against Cherry Hill Construction for
                $554,824.36.

            

    

     

    
      
        
        

      

      
        33

        
          

        

      

      
        Table
          of Contents

      

    

     

     

    Schedule
      3.12(a):

    Benefit
      Plans

     

    

    
      	
              1)

            	
              Ashland
                Inc. and Affiliates Pension Plan

            

    

    
      
      

       

      
        	
                2)

              	
                Ashland
                  Inc. Leveraged Employee Stock Ownership
                  Plan

              

      

       

    

    
      	
              3)

            	
              Ashland
                Inc. Employee Savings Plan

            

    

     

    
      	
              4)

            	
              APAC,
                Inc. Hourly Savings Plan

            

    

     

    
      	
              5)

            	
              Ashland
                Inc. Medical Plan

            

    

     

    
      	
              6)

            	
              APAC,
                Inc. Hourly Medical Plan

            

    

     

    
      	
              7)

            	
              Valvoline
                Instant Oil Change Medical Plan

            

    

     

    
      	
              8)

            	
              Ashland
                Inc. Dental Plan

            

    

     

    
      	
              9)

            	
              APAC,
                Inc. Hourly Dental Plan

            

    

     

    
      	
              10)

            	
              Ashland
                Inc. Vision Cost Assistance Plan

            

    

     

    
      	
              11)

            	
              Ashland
                Inc. Flexible Spending Accounts
                Plan

            

    

     

    
      	
              12)

            	
              Ashland
                Inc. Group Life Insurance Plan

            

    

     

    
      	
              13)

            	
              Ashland
                Inc. Group Variable Universal Life Insurance
                Plan

            

    

     

    
      	
              14)

            	
              APAC,
                Inc. Group Life Insurance Plan for Hourly
                Employees

            

    

     

    
      	
              15)

            	
              Ashland
                Inc. Voluntary Personal and Family Accidental Death and Dismemberment
                Plan

            

    

     

    
      	
              16)

            	
              Ashland
                Inc. Long Term Disability Plan

            

    

     

    
      	
              17)

            	
              Ashland
                Inc. Occupational and Accidental Death and Disability
                Plan

            

    

     

    
      	
              18)

            	
              Ashland
                Inc. Travel Accident Insurance Plan

            

    

     

    
      	
              19)

            	
              Ashland
                Inc. Employee Assistance Plan

            

    

     

    
      	
              20)

            	
              Ashland
                Inc. Legal Plan

            

    

     

    
      	
              21)

            	
              Ashland
                Inc. Severance Pay Plan

            

    

     

    
      	
              22)

            	
              Ashland
                Inc. Adoption Assistance Program

            

    

     

    
      	
              23)

            	
              Long
                Term Care Insurance

            

    

     

    
      	
              24)

            	
              Vacation
                Policy

            

    

     

    
      	
              25)

            	
              Educational
                Reimbursement Program

            

    

     

    
      	
              26)

            	
              Vacation
                Buy/Sell

            

    

     

    
      	
              27)

            	
              Sick
                Pay Policy and APAC Short Term
                Disability

            

    

     

    
      	
              28)

            	
              2006
                Ashland Inc. Incentive Plan

            

    

     

    
      	
              29)

            	
              Amended
                and Restated Ashland Inc. Incentive
                Plan

            

    

     

     

    
      
        
        

      

      
        34

        
          

        

      

      
        Table
          of Contents

      

    

     

    
       

      
        	
                30)

              	
                1993
                  Stock Incentive Plan

              

      

       

      
        	
                31)

              	
                1997
                  Stock Incentive Plan

              

      

       

      
        	
                32)

              	
                Ashland
                  Inc. Deferred Compensation Plan for Employees
                  (2005)

              

      

       

      
        	
                33)

              	
                Ashland
                  Inc. Deferred Compensation Plan (Amended and Restated as of April
                  1,
                  2003)

              

      

       

    

    
      	
              34)

            	
              Ashland
                Inc. Non-qualified Excess Benefit Pension
                Plan

            

    

     

    
      	
              35)

            	
              Ashland
                Inc. Supplemental Early Retirement Plan for Certain
                Employees

            

    

     

    
      	
              36)

            	
              APAC
                Divestiture Severance Program

            

    

     

    
      	
              37)

            	
              APAC
                Divestiture Severance Program for Executive Level
                Employees

            

    

     

    
      	
              38)

            	
              APAC
                Divestiture Mirror Severance
                Program

            

    

     

    
      	
              39)

            	
              APAC
                Divestiture Mirror Severance Program for Executive Level
                Employees

            

    

     

    
      	
              40)

            	
              Retention
                Agreements (Both the letter agreements and a list of those who have
                entered into such agreements have been made available to
                Purchaser.)

            

    

     

    
      	
              41)

            	
              Retention
                and Severance Letter Agreement for APAC President Robert K.
                Randolph

            

    

     

     

    
      
        
        

      

      
        35

        
          

        

      

      
        Table
          of Contents

      

    

     

     

    Schedule
      3.12(c):

    Assumed
      Benefit Plans - ERISA Liability

     

    

    None.

     

     

    
      
        
        

      

      
        36

        
          

        

      

      
        Table
          of Contents

      

    

    
 

    Schedule
      3.12(d):

    Primary
      Company Executives

     

    

    Robert
      K. Randolph

     

    Provided
      that Robert K. Randolph is not terminated prior to the six month anniversary
      of
      the Closing Date, no amount received by Mr. Randolph in connection with the
      transactions provided for in the Stock Purchase Agreement shall be characterized
      as an “excess parachute payment” (as such term is defined in Section 280G(b)(1)
      of the Code). However, in the event that Mr. Randolph is terminated without
      cause prior to the six month anniversary of the Closing Date, or APAC fails
      to
      offer Mr. Randolph equivalent employment, then Mr. Randolph will be eligible
      to
      receive severance payments and an accelerated retention bonus that may be
      characterized as excess parachute payments.

     

     

    
      
        
        

      

      
        37

        
          

        

      

      
        Table
          of Contents

      

    

    Schedule
      3.13(a):

    Absence
      of Changes or Events (No Material Adverse Effect)

     

    

    None.

     

     

    
      
        
        

      

      
        38

        
          

        

      

      
        Table
          of Contents

      

    

    
 

    Schedule
      3.13(b):

    Absence
      of Changes or Events (Conduct in the Ordinary Course)

     

    

    See
      items
      set forth on Schedule 5.01 “Covenants Relating to Conduct of
      Business”.

     

     

    
      
        
        

      

      
        39

        
          

        

      

      
        Table
          of Contents

      

    

     

    Schedule
      3.14:

    Compliance
      with Applicable Laws

     

    

    None.

     

     

    
      
        
        

      

      
        40

        
          

        

      

      
        Table
          of Contents

      

    

     

    Schedule
      3.15:

    Compliance
      with Applicable Environmental Laws

     

    
      	
              1)

            	
              Fayetteville,
                NC.
                APAC, Inc. received a Notice of Regulatory Requirements (“NRR”) dated
                August 11, 2005, from the North Carolina Division of Water Quality
                (“DWQ”)
                directing APAC-Atlantic, Inc. to, inter
                alia,
                investigate the source and quantity of free product petroleum detected
                in
                a groundwater monitoring well at the Fayetteville, NC site. Subsequent
                to
                the notice, APAC-Atlantic conducted two rounds of aggressive fluid
                vapor
                recovery (“AFVR”). Free product petroleum remains in the well.
                APAC-Atlantic, Inc. submitted monitoring reports to DWQ but has not
                yet
                received any response from DWQ. No consent decree or fine is expected
                to
                be signed or imposed in connection with this matter. Note that this
                NRR
                was incorrectly addressed by DWQ to APAC, Inc. The person to whom
                the NRR
                was addressed is an employee/officer of APAC-Atlantic, Inc., not
                APAC,
                Inc.

            

    

     

    
      	
              2)

            	
              Overland
                Park, KS.
                APAC-Kansas, Inc. received a Letter of Warning dated August 22, 2005,
                from
                the Kansas Department of Health and the Environment (“KDHE”) as the result
                of odors associated with hydrogen sulfide emissions from the Reno
                Construction and Demolition landfill (“C&D Landfill”) in Overland
                Park, Kansas. In negotiations with the State and City, APAC-Kansas,
                Inc.
                agreed to perform certain operational modifications at the landfill,
                including implementing hydrogen sulfide gas monitoring, wastewater
                treatment at the ponds, and storm water management controls, and
                installing a more permeable landfill cover as well as a gas collection
                system and monitoring wells. Currently, APAC-Kansas, Inc. is in the
                process of obtaining a revised landfill permit for the C&D Landfill
                regarding its acreage and volume. In May 2006, the State of Kansas
                inspected the C&D Landfill. Several operational deficiencies were
                noted, including allegedly accepting unauthorized waste, placement
                of
                insufficient soil cover, and failure to pay all the required State
                solid
                waste tonnage fees for 2005-2006. On August 4, 2006, APAC received
                a
                proposed Order to Eliminate Pollution and Environmental Hazard and
                Assessment of Administrative Penalty regarding cover, allegedly
                unauthorized waste, litter and tipping fees. The proposed fines total
                $8,000; APAC is contesting the
                matters.

            

    

     

    
      	
              3)

            	
              Sierra
                Club et al. v. Army Corps of Engineers and Miami Dade Limestone Products
                Assn. et al.
                In
                2002, the Sierra Club and two other environmental groups brought
                an action
                against the U.S. Army Corps of Engineers (“Corps”) and U.S. Fish and
                Wildlife Service (“FWS”) in Federal district court, seeking declaratory
                and injunctive relief relating to the Corps’ approval of permits to ten
                companies for deep-pit limestone mining in the "lake belt" area of
                Miami
                near Everglades National Park. APAC-Southeast, Inc. subsequently
                intervened, along with several other parties, because the resolution
                of
                the suit may impact APAC-Southeast Inc.'s quarrying operations under
                the
                White Rock royalty agreement. On March 22, 2006, the Court granted
                plaintiff's motion for summary judgment, holding, inter
                alia,
                that the permits were issued in violation of several Federal laws
                including the National Environmental Policy Act, remanding the permit
                process to the Corps and FWS, and ordering the parties to propose
                the
                nature of injunctive relief to apply during the remanded agency review.
                An
                evidentiary hearing on potential remedies began in June and is ongoing.
                The ultimate outcome of this matter can not be determined at this
                time,
                and no reserve has been established for this
                matter.

            

    

     

    
      
        
        

      

      
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              4)

            	
              In
                the Matter of Pollution at Shears Construction Site,
                Hutchinson, Kansas, Consent Order in Case No. 03-E-0197 between KDHE
                and
                APAC, Inc., dated May 24, 2004. (See Item 11
                below).

            

    

     

    
      	
              5)

            	
              Salisbury,
                NC Litigation.
                APAC-Atlantic, Inc. is currently a defendant, along with several
                other
                companies, in three separate actions filed in state court in Rowan
                County,
                North Carolina, alleging wrongful death and/or personal injury as
                the
                result of exposure to airborne emissions and groundwater contamination
                in
                and near Salisbury, NC. APAC-Atlantic, Inc. owns and operates a hot-mix
                asphalt plant in Salisbury, NC which it acquired by asset purchase
                in 1998
                from PAPCO. In November, 2005, the court dismissed all claims based
                on
                groundwater contamination, as well as all claims based on common-law
                strict liability and/or ultra-hazardous activity, against APAC-Atlantic,
                Inc. on the grounds that the claims were time-barred and/or the absence
                of
                any causal relationship between the groundwater contamination and
                APAC-Atlantic, Inc.. (As of 1993, five years prior to APAC-Atlantic
                Inc.’s
                acquisition, residents in the area were connected by the North Carolina
                Department of Transportation (“NCDOT”) to municipal water. The NCDOT had
                previously accepted responsibility for such groundwater contamination
                in
                connection with operations at its former asphalt-testing lab (located
                at
                APAC-Atlantic Inc.'s hot-mix plant)). At this time, the remaining
                claims
                against APAC-Atlantic Inc. allege nuisance and trespass, as well
                as
                negligence and gross negligence, related to air emissions from the
                plant.
                In late 2005, the Agency for Toxic Disease Registry (“ATSDR”) concluded
                that APAC-Atlantic's emissions were negligible and that there was
                no
                evidence of a cancer cluster in the area. This litigation is
                ongoing.

            

    

     

    
      	
              6)

            	
              Double
                Eagle Litigation.
                APAC, APAC-Oklahoma, Inc. and/or APAC-Arkansas, Inc. have been notified
                that Union Pacific, the primary potentially responsible party (“PRP”) at
                the Double Eagle Refinery Site, may seek contribution under the
                Comprehensive Environmental Responsibility, Compensation, and Liability
                Act against APAC, APAC-Oklahoma, Inc. and/or APAC-Arkansas for clean-up
                and other costs related to the
                site.

            

    

     

    
      	
              7)

            	
              Double
                Eagle Refinery
                (Oklahoma City, OK). Between 1929 and 1980, the Double Eagle Refinery
                Company re-refined used motor oil at this site in lined and unlined
                surface impoundments and ponds. In 1986, the U.S. Environmental Protection
                Agency (“EPA”) detected heavy metals and solvent by-products at, and
                migrating from, the site. Following source removal and on-site
                stabilization of contaminated sludge and soils, the selected remedy
                for
                the site calls for groundwater monitoring. In 2003, after receiving
                a
                notice that the primary PRP, Union Pacific, might seek contribution
                from
                APAC, APAC-Oklahoma, Inc. and APAC-Arkansas, Inc. joined a group
                of
                companies alleged to have sent wastes to Double Eagle and began
                negotiations with the Federal and state governments with respect
                to the
                site. The group negotiated a per-gallon settlement value with the
                government and the group members submitted, individually, allocation
                justifications to the government on or before May 5, 2006. The final
                terms
                of the agreement (including whether the members will be formally
                named as
                PRPs) are still being negotiated. This settlement is being negotiated
                in
                order to attempt to preempt a contribution claim by Union
                Pacific.

            

    

    
 

    
      
        
        

      

      
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                8)

              	
                Arivec
                  Chemicals
                  (Douglasville, Georgia). Arivec Chemicals, Inc. operated a solvent
                  recovery operation at this site between 1956-1994. Between 1995
                  and 1997,
                  the site was used
                  for the reclamation of spent cooking oils. In 2003, APAC-Southeast,
                  Inc.
                  received a notice from the Georgia Environmental Protection Division
                  (“EPD”) regarding an expected cleanup of the site under the State
                  Superfund program. The State recommended that the affected companies
                  form
                  a PRP group to investigate and/or remediate the site. (Relatedly,
                  the site
                  is adjacent to Young Refining Corporation, a property that was
                  contaminated by underground storage tanks ("USTs") and, likely,
                  other
                  activities unrelated to Arivec Chemicals. Young has conducted some
                  cleanup
                  of its own property and is involved in negotiations regarding the
                  Arivec
                  site as well.) Based on manifests from 1989, APAC-Georgia, Inc.
                  disposed
                  of four drums of trichloroethylene (“TCE”) (lab waste) at the Arivec
                  site.

              

      

       

    

    
      	
              9)

            	
              Phillip
                Environmental Services
                (South Carolina). In June 2006, APAC received informal notice from
                Ashland, Inc. that the South Carolina Department of Health and
                Environmental Control (“DHEC”) would be providing APAC-Southeast, Inc.
                with written notice of its potential responsibility at this site
                based,
                apparently, on two or three manifests which indicate that an APAC
                entity
                sent some wastes to this site. At this time, APAC-Southeast Inc.
                has not
                been named as a PRP or received any notice from DHEC regarding its
                potential responsibility for this
                site.

            

    

     

    
      	
              10)

            	
              Shawnee,
                OK.
                Solvent contamination (dichloroethene (“DCE”) and TCE) was found in the
                groundwater during a pre-acquisition investigation by Shears, Inc.
                in
                connection with its purchase of Shawnee Asphalt Company. APAC-Oklahoma,
                Inc. inherited the contamination through the acquisition of Superfos.
                Although it was originally assumed that the asphalt plant operations
                caused the contamination, subsequent investigations suggest that
                at least
                some of the contamination originated with the neighbor, Central Plastics.
                Monitoring wells have been placed on both the APAC-Oklahoma, Inc.
                and
                Central Plastics properties and, to date, no remedial action has
                been
                taken.

            

    

     

    
      	 	
              a)

            	
              In
                2005, the Oklahoma Department of Environmental Quality (“ODEQ”) asked
                APAC-Oklahoma, Inc. and Central Plastics to work together to prepare
                a
                plan for phytoremediation. APAC-Oklahoma, Inc. and Central Plastics
                were
                unable to find a consultant willing to work for both parties, and
                no plan
                was submitted. In April 2006, after the sale of the property to Haskell
                Lemons, ODEQ asked about the status of possible cleanup. APAC-Oklahoma,
                Inc., Ashland and URS personnel met with ODEQ in June 2006. APAC-Oklahoma,
                Inc. submitted, at the meeting, a draft memorandum of agreement for
                entering into the voluntary cleanup program. ODEQ advised that ODEQ
                management is currently examining whether to issue an order or allow
                voluntary cleanup. Any order would be likely reduce APAC-Oklahoma,
                Inc.'s
                control over the remediation methods chosen and require the cleanup
                of
                contamination not believed to have been caused by prior operations
                at the
                property. APAC-Oklahoma, Inc. is currently awaiting sampling results
                from
                testing performed by ODEQ and are scheduling additional sampling
                and
                examining damage to existing monitoring
                wells.

            

    

     

    
      	 	
              b)

            	
              In
                addition, late in 2005, extremely low levels of solvent contamination
                (well below maximum contaminant levels were detected in the drinking
                water
                well of the nearest neighbor. APAC-Oklahoma, Inc. subsequently learned
                that the neighbor, whose well had been tested previously and was
                aware of
                the situation, had replaced the well with a shallower well (without
                notifying APAC-Oklahoma, Inc.). APAC-Oklahoma, Inc. made a demand
                on
                Central Plastics to contribute to the cost of installing a new, deeper
                well and has been negotiating with the property owner regarding the type
                of well and drilling schedule. Contact has been initiated with the
                attorney for the adjacent property owners to expand the current access
                agreement. No agreement has yet been
                signed.

            

    

     

    
      
        
        

      

      
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              11)

            	
              Hutchinson,
                KS.
                In
                or about 2002, low-level solvent contamination was discovered on
                the
                property boundary of the site by the State. APAC-Kansas, Inc. entered
                into
                a consent order to investigate and, if necessary, remediate the
                contamination and, in April 2006, APAC-Kansas, Inc. was advised to
                submit
                a combined inspection and action plan, including the installation
                of three
                monitoring wells. No active remediation of the solvent contamination
                will
                be required. During the investigation, however, APAC-Kansas, Inc.
                also
                discovered petroleum contamination associated with former aboveground
                storage tanks. Cleanup is being addressed under the Kansas tank program
                with state oversight. APAC-Kansas, Inc. has submitted, at the State's
                request, plans for natural attenuation of the solvents. (See item
                4
                above).

            

    

     

    
      	
              12)

            	
              Tucson,
                AZ.
                Remediation of petroleum contamination associated with the operations
                of a
                former entity (sold during the 1980s) is being performed under the
                Arizona
                trust fund. Costs for the last stage of remediation are estimated
                to be
                $80,000 to $100,000, and cost reimbursement authority was sought
                from the
                State in advance of beginning the work, which is currently in
                process.

            

    

     

    
      	
              13)

            	
              Cantonment,
                FL.
                The site, and its solvent and petroleum contamination, was inherited
                from
                Couch Materials. Remedial work was being conducted under the Florida
                trust
                fund program but the program subsequently ran out of money.
                APAC-Southeast, Inc. decided to complete the work, despite the
                unavailability of reimbursement and the absence of any notice from
                the
                State, and is currently performing AFVR periodically at the
                site.

            

    

     

    
      	
              14)

            	
              McMinnville,
                TN.
                Petroleum contamination at the site associated with former USTs was
                remediated under the Tennessee tank program and APAC-Tennessee, Inc.
                has
                received a no further action letter related to that
                work.

            

    

     

    
      	
              15)

            	
              Ballenger,
                SC.
                Petroleum contamination associated with USTs was detected at the
                site
                prior to acquisition by APAC-Southeast Inc. To date, APAC-Southeast's
                costs have been reimbursed by the Ballenger shareholders pursuant
                to the
                purchase and sale agreement. This site may recently have received
                a no
                further action letter.

            

    

     

    
      	
              16)

            	
              Kaufman,
                TX.
                This is a site that APAC leased many years ago. Asphalt cement was
                buried
                on-site during the oil shortage of the 1980s. APAC-Texas, Inc. offered
                to
                remove the remaining asphalt cement although its presence does not
                violate
                environmental laws. APAC was sued by the then property owner with
                regard
                to the site on the purported basis that the property could not be
                developed. The suit was dismissed prior to trial in 2004 and was
                never
                refiled. The property has reportedly been transferred to a bank as
                a
                result of bankruptcy of the owner who brought suit, and resold by
                the
                bank. A consultant for Ashland has had communications with the current
                owner who has reportedly requested that the material be removed.
                The
                nature and the extent of communications between the current owner
                and the
                consultant are as yet unknown to
                APAC.

            

    

     

    
      
        
        

      

      
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              17)

            	
              Hickory,
                NC.
                The Hickory site is a currently-operated asphalt plant purchased
                from
                PAPCO. The site has both TCE and petroleum contamination. NCDOT is
                addressing the solvent contamination. APAC-Atlantic, Inc. has investigated
                the extent of the petroleum contamination and, in April 2006 received
                approval of its remedial plan consisting of AFVR and natural attenuation.
                The division is still determining whether action should be taken
                against
                the property owner (APAC-Atlantic, Inc. leases the property) as much
                of
                the contamination is likely to have pre-existed APAC-Atlantic,
                Inc..

            

    

     

    
      	
              18)

            	
              Winter
                Haven, FL.
                Petroleum and solvent contamination was very recently discovered
                at the
                current asphalt plant site while creating a retention pond. The
                contamination appears to have originated with above ground storage
                tanks
                that were removed many years ago. Remedial work consists of removing
                dirt
                and filing reports; it is possible that a few monitoring wells will
                be
                requested by the State. APAC-Southeast, Inc. has submitted a request
                for a
                no further action letter for the site, but has not yet received a
                response.

            

    

     

    
      	
              19)

            	
              Marion,
                S.C.
                During a 2004 Phase 1 environmental site assessment of this site,
                which contains a concrete batch plant, a former UST was discovered.
                The
                documentation associated with the UST reportedly included a no further
                action letter (“NFA”) issued by the State in 1993. The files associated
                with the tank were destroyed by the State 10 years after the issuance
                of
                the NFA such that information regarding testing of soil or groundwater
                in
                conjunction with the removal of the tank was not available. APAC-Atlantic,
                Inc. sold the plant and agreed to lease the property to Ready Mix
                Concrete
                with a sale of the property to close after receipt of a new NFA.
                APAC has
                conducted testing of the soil and groundwater, and submitted the
                results
                to the State in June of 2006. The presence of petroleum constituents
                was
                found at levels above State risk-based screening levels in both soils
                and
                groundwater. No response has yet been received from the
                State.

            

    

     

    
      	
              20)

            	
              Texas
                Bitulithic. Possible
                asbestos containing material has been identified in a boiler room
                and in
                building materials at the Texas Bitulithic main office. Confirmation
                sampling and remediation may be required and/or is a consideration
                in any
                remodeling that may be done.

            

    

     

    
      	
              21)

            	
              Manassas
                Shop.
                APAC leases property with a UST that is not believed to meet current
                requirements. APAC does not own or currently operate the UST and
                is not
                responsible for upgrades to the UST under the lease
                agreement.

            

    

     

    
      	
              22)

            	
              See
                Item 14 “Salisbury, North Carolina claims” in Schedule 3.11
                “Proceedings”.

            

    

     

    
      	
              23)

            	
              See
                Item 15 “Mississippi silica matters” in Schedule 3.11
                “Proceedings”.

            

    

     

    
      	
              24)

            	
              See
                Item 20 “Pond Limited Partnership claim” in Schedule 3.11
                “Proceedings”.

            

    

     

    
      
        
        

      

      
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    Material
      Environmental Studies and Reports

     

    
      	
              1)

            	
              Above
                Ground Storage Tank Closure Assessment Report Addendum for APAC-Couch
                Ready Mix, USA, 3008 US Highway 95-A, Cantonment, Escambria County,
                Florida, dated October 11, 2001. Prepared by Advanced Environmental
                Technologies, LLC for Escambria County Environmental
                Service.

            

    

     

    
      	
              2)

            	
              Analytical
                Report for Shawnee APAC, dated May 9, 2005. Prepared for URS Corporation
                by Severn Trent Laboratories, Inc.

            

    

     

    
      	
              3)

            	
              Analytical
                Report for Shawnee APAC, dated July 22, 2005. Prepared for URS Corporation
                by Severn Trent Laboratories.

            

    

     

    
      	
              4)

            	
              Analytical
                Report for Ashland Winter Haven, dated April 25, 2006. Prepared for
                HSA
                Engineers and Scientists by Severn Trent Laboratories,
                Inc.

            

    

     

    
      	
              5)

            	
              Analytical
                Report for Ashland Winter Haven, dated May 2, 2006. Prepared for
                HSA
                Engineers and Scientists by Severn Trent Laboratories,
                Inc.

            

    

     

    
      	
              6)

            	
              Preliminary
                Site Evaluation for APAC-Carolina Hickory Plant, 1520 11th Ave. SE,
                Hickory, NC, dated August 2002. Prepared by Environmental Planning
                Specialists, Inc. for APAC, Inc.

            

    

     

    
      	
              7)

            	
              Site
                Characterization Report Addendum No. 2 for Former Shawnee Asphalt
                Company,
                West Independence St., Shawnee, OK, dated May 6, 2003. Prepared by
                Terracon for APAC, Inc.

            

    

     

    
      	
              8)

            	
              Environmental
                Remediation Project Plan for Ashland Chemical Company for Fiscal
                Year
                2004. Prepared by URS Diamond for Ashland,
                Inc.

            

    

     

    
      	
              9)

            	
              Confirmation
                Borings, Well Installation, and Monitoring and Sampling Report for
                Tucson
                Ready-Mix, 6601 North Casa Grande Highway, Tucson, AZ, dated December
                2004. Prepared by Kleinfelder, Inc. for Ashland,
                Inc.

            

    

     

    
      	
              10)

            	
              Phase
                I Environmental Site Assessment for Wedowee Quarry, 2850 Old Highway
                431,
                Wedowee, AL, dated June 2005. Prepared by Diversified Engineering
                Sciences.

            

    

     

    
      	
              11)

            	
              Phase
                I and II Environmental Site Assessment for Delta Asphalt Paving Co.
                Hot
                Mix Asphalt Plant, 12341 County Road 579, Thonotosassa, FL, dated
                March
                2005. Prepared by Diversified Engineering Services, Inc. for APAC
                Southeast, Inc.

            

    

     

    
      	
              12)

            	
              Phase
                I Environmental Site Assessment for Martin Marietta Materials East
                Asphalt
                Plant, 3205 Division Street, Texarkana, AR, dated January 2005. Prepared
                by Environmental Enterprise Group, Inc. for Martin Marietta Materials,
                Inc.

            

    

     

    
      	
              13)

            	
              Environmental
                Site Assessment for MAPCO Asphalt Plant, 2805 Hopewood Road, Asheboro,
                NC,
                dated October 2002.

            

    

     

    
      
        
        

      

      
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              14)

            	
              Phase
                I Environmental Site Assessment for Santoro Hot Mix Asphalt Plant,
                2863
                North Carolina Highway 66, Kernersville, NC, dated March 2002. Prepared
                by
                Engineering Consulting Services.

            

    

     

    
      	
              15)

            	
              Phase
                I Environmental Site Assessment and Asbestos Survey for Santaro Hot
                Mix
                Asphalt Plant, 4515 North Patterson Avenue, Winston-Salem, NC, dated
                March
                2002. Prepared by ECS Ltd. for APAC Carolina, Inc. and Vulcan Materials
                Company.

            

    

     

    
      	
              16)

            	
              Corrective
                Action Plan for Santaro Hot Mix Asphalt Plant, Intersection of Highway
                311
                and Highway 66, Kernersville, NC, dated March 11, 2006. Prepared
                by
                Engineering Consulting Services, Ltd. for Santaro
                Companies.

            

    

     

    
      	
              17)

            	
              Final
                Site Remediation Report for Anchor Stone Company Jane Quarry, Route
                2, Box
                2415, Pineville, MO, dated February 19, 2003. Prepared by Enercon
                Services, Inc. for Anchor Stone
                Company.

            

    

     

    
      	
              18)

            	
              Report
                of Phase II Environmental Site Assessment for Santaro Hot Mix Asphalt
                Plant, 2863 Highway 66, Kernersville, NC, dated May 2, 2002. Prepared
                by
                Engineering Consultant Services, Ltd. for APAC-Carolina
                Inc.

            

    

     

    
      	
              19)

            	
              Addendum
                to Phase II Investigation Report for Jane Quarry, Pineville, MO,
                dated
                July 29, 2002. Prepared by Enercon Services, Inc. Environmental &
                Industrial Services Group for Anchor Stone
                Company.

            

    

     

    
      	
              20)

            	
              Phase
                II Environmental Site Assessment for Shepard Construction Asphalt
                Plant,
                Norcross, GA, dated November 29, 2004. Prepared by Diversified Engineering
                Services, Inc. for APAC Southeast,
                Inc..

            

    

     

    
      	
              21)

            	
              Phase
                II Environmental Site Assessment for Shepard Construction Asphalt
                Plant,
                Gainesville, GA, dated November 29, 2004. Prepared by Diversified
                Engineering Services, Inc. for APAC Southeast,
                Inc.

            

    

     

    
      	
              22)

            	
              Soil
                Remediation Report for Santaro Hot Mix Asphalt Plant, 4514 North
                Patterson
                Avenue, Winston-Salem, NC, dated August 9, 2002. Prepared by Engineering
                Consulting Services, Ltd. for Santaro
                Companies.

            

    

     

    
      	
              23)

            	
              Limited
                Phase II Environmental Site Assessment Report for APAC Concrete Plant
                #607, Marion County , South Carolina, dated June 21, 2006. Prepared
                for
                APAC - Atlantic, Inc. by S&ME.

            

    

     

    
      	
              24)

            	
              Draft
                of Comprehensive Site Assessment Report for APAC-Hickory Plant in
                Hickory,
                North Carolina, dated August 1, 2003. Prepared by Environmental Planning
                Specialists, Inc. for APAC, Inc.

            

    

     

    
      	
              25)

            	
              Semi-Annual
                Ground Water Monitoring Report for Hickory, North Carolina Site,
                dated May
                2, 2005. Prepared by Hart & Hickman for North Carolina Department of
                Transportation.

            

    

     

    
      
        
        

      

      
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              26)

            	
              Comprehensive
                Investigation Workplan for APAC - Kansas, 819 W. 1st
                St., Hutchinson, KS, dated July 21, 2004, prepared for APAC - Kansas,
                Inc.
                by Terracon; together with related correspondence re: drafts, final
                Workplan, and project bid among Terracon, APAC, and Kansas Department
                of
                Health and Environment; Quarterly Monitoring Reports for
                2005.

            

    

     

    
      	
              27)

            	
              Phase
                I Environmental Site Assessment for Johnsonville Ready Mix Site,
                Florence
                County, South Carolina, dated March 15, 2004. Prepared for S&W Ready
                Mix Corporation by S&ME.

            

    

     

    
      	
              28)

            	
              Phase
                I Environmental Site Assessment for Conway Ready Mix Site, Horry
                County,
                South Carolina, dated March 26, 2004. Prepared for S&W Ready Mix
                Concrete Company, Inc. by S&ME,
                Inc.

            

    

     

    
      	
              29)

            	
              Phase
                I Environmental Site Assessment for S&W Ready Mix - Kinston Plant, 604
                East New Bern Road, Kinston, North Carolina, dated March 31, 2004.
                Prepared for S&W Ready Mix Concrete Company, Inc. by S&ME,
                Inc.

            

    

     

    
      	
              30)

            	
              Phase
                I Environmental Site Assessment for APAC-Carolina Concrete Plant,
                550 East
                Campground Road, Florence, South Carolina, dated March 31, 2004.
                Prepared
                by S&ME, Inc. for Southern Equipment
                Company.

            

    

     

    
      	
              31)

            	
              Phase
                I Environmental Site Assessment for Myrtle Beach Ready Mix Site,
                Horry
                County, South Carolina, dated March 19, 2004. Prepared for S&W Ready
                Mix Concrete Company, Inc. by S&ME,
                Inc.

            

    

     

    
      	
              32)

            	
              Phase
                I Environmental Site Assessment for Tom White Concrete, 2329 Tom
                White
                Road, Kinston, North Carolina, dated March 31, 2004. Prepared for
                S&W
                Ready Mix Concrete Company, Inc. by S&ME,
                Inc.

            

    

     

    
      	
              33)

            	
              Phase
                I Environmental Site Assessment for Little River Ready Mix Site,
                Horry
                County, South Carolina, dated March 16, 2004. Prepared for S&W Ready
                Mix Concrete Company, Inc by S&ME,
                Inc.

            

    

     

    
      	
              34)

            	
              Phase
                I Environmental Site Assessment for APAC-Carolina Concrete Plant,
                5630
                Holly Shelter Road, Castle Hayne, North Carolina, dated March 23,
                2004.
                Prepared for S&W Ready Mix Concrete Company, Inc. by S&ME,
                Inc.

            

    

     

    
      	
              35)

            	
              Phase
                I Environmental Site Assessment for APAC Carolina Inc. Plant #691,
                620
                Mineral Springs Road, Darlington, South Carolina, dated March 31,
                2004.
                Prepared for Southern Equipment Company by S&ME,
                Inc.

            

    

     

    
      	
              36)

            	
              Phase
                I Environmental Site Assessment for APAC Carolina Inc. Plant #608,
                869
                Scotland Road, Dillon, South Carolina, dated March 26, 2004. Prepared
                for
                Southern Equipment Company by S&ME,
                Inc.

            

    

     

    
      
        
        

      

      
        48

        
          

        

      

      
        Table
          of Contents

      

    

    
 

    
      	
              37)

            	
              Phase
                I Environmental Site Assessment for Greenville Ready Mix, 562 Barrus
                Construction Road, Greenville, North Carolina, dated March 31, 2004.
                Prepared for Southern Equipment Company by S&ME,
                Inc.

            

    

     

    
      	
              38)

            	
              Phase
                I Environmental Site Assessment for S&W Ready Mix - Havelock Plant,
                1574 Highway 101, Havelock, North Carolina, dated March 31, 2004.
                Prepared
                for S&W Ready Mix Concrete Company, Inc. by S&ME,
                Inc.

            

    

     

    
      	
              39)

            	
              Limited
                Phase II Environmental Site Assessment Report for APAC Concrete Plant
                #607, Marion County, South Carolina, dated June 21, 2006. Prepared
                for
                APAC-Atlantic, Inc. by S&ME,
                Inc.

            

    

     

    
      	
              40)

            	
              Phase
                I Environmental Site Assessment for S&W Ready Mix - Morehead City
                Plant, 5126 NC Highway 70 West, Morehead City, North Carolina, dated
                March
                31, 2004. Prepared for S&W Ready Mix Concrete Company, Inc. by
                S&ME, Inc.

            

    

     

    
      	
              41)

            	
              Phase
                I Environmental Site Assessment for Winyah Concrete Plant, 12414
                Highway
                707, Murrells Inlet, South Carolina, dated March 30, 2004. Prepared
                for
                S&W Ready Mix Concrete Company, Inc. by S&ME,
                Inc.

            

    

     

    
      	
              42)

            	
              Environmental
                Sampling Report for Rocky Mount Concrete (Rocky Mount, NC), Tarboro
                Concrete (Tarboro, NC), Jacksonville Ready Mix (Jacksonville, NC),
                Leland
                Ready Mix (Leland, NC), APAC Concrete (Florence, SC) and APAC Concrete
                (Marion, SC), dated May 6, 2004. Prepared for APAC Carolinas by S&ME,
                Inc.

            

    

     

    
      	
              43)

            	
              Phase
                I Environmental Site Assessment for APAC-Carolina Concrete Plant
                No. 2,
                2210 Sidbury Road, Scotts Hill, North Carolina, dated March 25, 2004.
                Prepared for S&W Ready Mix Concrete Company, Inc. by S&ME,
                Inc.

            

    

     

    
      	
              44)

            	
              Phase
                I Environmental Site Assessment for Southport Ready Mix, 1619 North
                Howe
                Street, Southport, North Carolina, dated March 31, 2004. Prepared
                for
                S&W Ready Mix Concrete Company, Inc. by S&ME,
                Inc.

            

    

     

    
      	
              45)

            	
              Phase
                I Environmental Site Assessment for Supply-Godwin Ready Mix, 2805
                Galloway
                Road, Supply, North Carolina, dated March 31, 2004. Prepared for
                S&W
                Ready Mix Concrete Company, Inc. by S&ME,
                Inc.

            

    

     

    
      	
              46)

            	
              Phase
                I Environmental Site Assessment for APAC Carolina Inc. Plant #692,
                963
                South Warren Street, Timmonsville, South Carolina, dated March 30,
                2004.
                Prepared for Southern Equipment Company by S&ME,
                Inc.

            

    

     

    
      	
              47)

            	
              Phase
                I Environmental Site Assessment for Sunnyvale Ready Mix, 800 Sunnyvale
                Road, Wilmington, North Carolina, dated March 31, 2004. Prepared
                for
                S&W Ready Mix Concrete Company, Inc. by S&ME,
                Inc.

            

    

     

    
      	
              48)

            	
              Ashland
                Internal Correspondence re: cost estimates for assessment of Hickory
                site,
                including discussion of actions to be taken and copy of May 2, 2005
                Groundwater Monitoring Report, dated February 20, 2006 to June 7,
                2006.

            

    

     

    
      
        
        

      

      
        49

        
          

        

      

      
        Table
          of Contents

      

    

    
 

    
      	
              49)

            	
              Preliminary
                Assessment Screening Site Inspection for 129 West Avenue "A" Site,
                Hutchinson, Reno County, Kansas, dated October 2001, prepared by
                Kansas
                State Department of Health and Environment, Bureau of Environmental
                Remediation

            

    

     

    
      	
              50)

            	
              Final
                Limited Site Investigation Report for 819 West 1st Avenue, Hutchinson,
                Kansas, dated September 23, 2003. Prepared by Terracon for APAC,
                Inc.

            

    

     

    
      	
              51)

            	
              Draft
                of Progress Report 2005, 2nd
                Quarter, for Hutchison, KS facility, dated June 23,
                2004.

            

    

     

    
      	
              52)

            	
              APAC,
                Inc. Environmental Site Assessment Questionnaire for Blacktop Construction
                Co., Inc., 302 Payton, Emporia, KS, dated December
                2001.

            

    

     

    
      	
              53)

            	
              APAC,
                Inc. Environmental Site Assessment Questionnaire for Highway 72 East,
                Glen, MS, dated December 2001.

            

    

     

    
      	
              54)

            	
              APAC,
                Inc. Environmental Site Assessment Questionnaire for Williams property,
                Belmont Estates Lot #25C, Franklin, NC, dated March
                2005.

            

    

     

    
      	
              55)

            	
              APAC,
                Inc. Environmental Site Assessment Questionnaire for Belmont Estates
                Lots
                15 and 37, Franklin, NC, dated October
                2002.

            

    

     

    
      	
              56)

            	
              APAC,
                Inc. Environmental Site Assessment Questionnaire for McClure, Holt,
                Head
                property, East of Cherokee County Quarry, Blairsville, GA, dated
                August
                2003.

            

    

     

    
      	
              57)

            	
              APAC,
                Inc. Environmental Site Assessment Questionnaire for Five Star Ready
                Mix,
                Inc., 5800 North Vine, Hays, KS, dated April
                2003.

            

    

     

    
      	
              58)

            	
              APAC,
                Inc. Environmental Site Assessment Questionnaire for Spiro Quarry,
                Rock
                Quarry Rd., Spiro, OK, dated October 23,
                2002.

            

    

     

    
      	
              59)

            	
              APAC,
                Inc. Environmental Site Assessment Questionnaire for Chastain property,
                Belmont Estates Lot #19C, Franklin, NC, dated December
                2001.

            

    

     

    
      	
              60)

            	
              APAC,
                Inc. Environmental Site Assessment Questionnaire for Yazoo County
                Property, 4441 Rifle Range Road, Vicksburg, MS, dated November
                2001.

            

    

     

    
      	
              61)

            	
              APAC,
                Inc. Environmental Site Assessment Questionnaire for ANT, LLC, 300
                Airport
                Road, Hutchinson, KS, dated October
                2001.

            

    

     

    
      	
              62)

            	
              APAC,
                Inc. Environmental Site Assessment Questionnaire for Burnsville APAC
                Plant, US 19 E at Riverside, Burnsville, NC, dated September
                2001.

            

    

     

    
      	
              63)

            	
              Comprehensive
                Investigation Work Plan, APAC - Kansas, Inc., 819 W. 1st
                Street, Hutchison, KS, dated July 21, 2004 (revised March 24, 2005).
                Prepared for APAC-Kansas, Inc. by
                Terracon.

            

    

     

    
      
        
        

      

      
        50

        
          

        

      

      
        Table
          of Contents

      

    

     

     

    
      	
              64)

            	
              Corrective
                Action Monitoring Report for APAC Tennessee, Inc., Highway 8, McMinnville,
                TN, dated June 2002.

            

    

     

    
      	
              65)

            	
              Corrective
                Action Monitoring Report for APAC Tennessee, Inc., Highway 8, McMinnville,
                TN, dated December 2002.

            

    

     

    
      	
              66)

            	
              Site
                Status Monitoring Report for APAC Tennessee, Inc., Highway 8, McMinnville,
                TN, dated January 28, 2002.

            

    

     

    
      	
              67)

            	
              Free
                Product Recovery Initiative - Site Activities Report, Pensacola Ready
                Mix
                USA, dated January 27, 2003. Prepared for Escambia County Environmental
                Health Services by Advanced Environmental Technologies,
                Inc.

            

    

     

    
      	
              68)

            	
              Source
                Removal Report/Dual-Phase Pilot Test, Pensacola Ready Mix USA (fka
                Couch
                Materials - Pensacola), dated June 30,
                2002.

            

    

     

    
      	
              69)

            	
              Letter
                from Tennessee Department of Environment and Conservation to APAC
                Tennessee, Inc. confirming that the department is suspending operation
                of
                the corrective action treatment system, dated December 16,
                2003.

            

    

     

    
      	
              70)

            	
              PowerPoint
                Presentation rev. 3 re: Remediation Project Plan for FY 2004 listing
                facilities, site specifics, and program goals and
                endpoints.

            

    

     

    
      	
              71)

            	
              Correspondence
                among S&ME, Inc., Ashland, Inc., and South Carolina Department of
                Health and Environmental Control re: progress of updated report on
                environmental conditions at APAC Ballenger facility, dated
                2004.

            

    

     

    
      	
              72)

            	
              Ashland
                Internal Correspondence, re: ongoing remediation projects, dated
                January
                2003 - December 2004.

            

    

     

    
      	
              73)

            	
              Ashland
                Internal Correspondence, re: APAC Environmental Reserves and 2006
                Project
                Budgets, dated May 16, 2005 - October 3,
                2005.

            

    

     

    
      	
              74)

            	
              Email
                correspondence from URS Corporation to Ashland, Inc. re: recommendation
                of
                mercury testing at the Central Plastics site to determine source
                of
                hydrocarbon contamination, dated June 22,
                2006.

            

    

     

    
      	
              75)

            	
              APAC
                Monthly Report, dated April 2003

            

    

     

    
      	
              76)

            	
              PowerPoint
                Presentation re: Remediation Project Plan for FY 2004 listing facilities,
                site specifics, and program goals and
                endpoints.

            

    

     

    
      	
              77)

            	
              PowerPoint
                Presentation re: Remediation Project Plan for FY 2006 listing facilities,
                site specifics, and program goals and
                endpoints.

            

    

     

    
      	
              78)

            	
              Correspondence
                re: progress of underground storage tank remediation with briefly
                summarized results of recent groundwater testing at APAC Greenville
                facility, dated June 2003.

            

    

     

    
      
        
        

      

      
        51

        
          

        

      

      
        Table
          of Contents

      

    

    
 

    
      	
              79)

            	
              Memorandum
                from URS Corporation outlining Proposed Approach for Managing
                Investigations of Soil and Groundwater Contaminations associated
                with the
                APAC facility in Hutchinson, Kansas and related correspondence, dated
                September 16, 2003.

            

    

     

    
      	
              80)

            	
              Draft
                of Consent Order from Kansas State Department of Health and Environment
                to
                perform a comprehensive investigation and corrective action
                study/corrective action plan and corrective action at Shears Construction
                Site in Hutchinson, Kansas, dated January 2003, and related
                correspondence, dated Ashland Internal Correspondence, dated September
                4,
                2003 to September 22, 2003.

            

    

     

    
      	
              81)

            	
              Correspondence
                between Thomas E. Rice Environmental Co. and City of Richmond, Department
                of Public Utilities, Division of Wastewater Treatment re: monthly
                monitoring reports and containing monthly effluent monitoring results
                for
                APAC - Virginia facility at 1400 Roseneath Rd, Richmond, VA, dated
                January
                - November, 2001.

            

    

     

    
      	
              82)

            	
              Correspondence
                between Thomas E. Rice Environmental Co. and Virginia Department
                of
                Environmental Quality re: quarterly monitoring of groundwater and
                containing quarterly groundwater sampling results for APAC - Virginia
                facility located at 1400 Roseneath Rd., Richmond, VA, dated November
                2000
                - December 2001.

            

    

     

    
      	
              83)

            	
              Correspondence
                between Thomas E. Rice Environmental Co. and Virginia Department
                of
                Environmental Quality re: Free Product Report and containing table
                of free
                product removal, dated April - June,
                2002.

            

    

     

    
      	
              84)

            	
              Correspondence
                between Thomas E. Rice Environmental Co. and Virginia Department
                of
                Environmental Quality re: quarterly monitoring and containing results
                of
                groundwater sampling for APAC - Virginia facility, dated September
                13,
                2002.

            

    

     

    
      	
              85)

            	
              Correspondence
                between Oklahoma Department of Environmental Quality, Terracon and
                APAC
                re: Remediation of Shawnee Asphalt Site, Shawnee, OK, dated December
                2000
                - August 2001.

            

    

     

    
      	
              86)

            	
              Fax
                and email correspondence between Oklahoma Department of Environmental
                Quality, APAC, and Terracon re: Shawnee remediation, dated September
                -
                November, 2002.

            

    

     

    
      	
              87)

            	
              Letter
                from Terracon to Oklahoma Department of Environmental Quality updating
                November 22, 2000 Site Characterization Report, Addendum No. 1, with
                Additional Plume Delineation information, dated September 16,
                2002.

            

    

     

    
      	
              88)

            	
              Correspondence
                among Oklahoma Department of Environmental Quality, Terracon, Ashland,
                URS
                Corp., APAC, Inc. and Central Plastics Company re: Remediation Plan
                for
                Shawnee Asphalt Site, Shawnee, OK, dated January - November,
                2003.

            

    

     

    
      	
              89)

            	
              Correspondence
                among Terracon, Ashland, URS Corp., Alexander Consulting, OK Dept.
                of
                Environmental Quality and APAC re: Groundwater contamination at Shawnee
                Asphalt Site, Shawnee, OK, dated January - December 2005, together
                with
                Groundwater Sampling Recommendation and Groundwater Analytical
                Results.

            

    

     

    
      
        
        

      

      
        52

        
          

        

      

      
        Table
          of Contents

      

    

    
 

    
      	
              90)

            	
              Correspondence
                among Ashland, URS Corporation, Eagleton & Nicholson P.C. re:
                Remediation of Shawnee, OK site, dated June 2006, together with Draft
                Memorandum of Agreement and Consent Order for Site
                Characterization.

            

    

     

    
      	
              91)

            	
              Correspondence
                among Ashland, URS Corporation, APAC, Inc. and OK Department of
                Environmental Quality re: Remediation of Contamination at Shawnee,
                OK
                site, dated January - June 2006.

            

    

     

    
      	
              92)

            	
              Letter
                from Kleinfelder, Inc. to APAC, Inc. re: Proposal for Remediation,
                Groundwater Monitoring, and Reporting, Tucson Ready Mix, Tucson,
                AZ, dated
                May 21, 2002.

            

    

     

    
      	
              93)

            	
              Figures
                for Report re: Tucson Ready Mix, dated February 2,
                2002.

            

    

     

    
      	
              94)

            	
              Second
                Quarter 2000 Through First Quarter 2001 Remedial Progress and Groundwater
                Monitoring Report for Tucson Ready Mix, 6601 North Casa Grande Highway,
                Tucson, Arizona, dated February 8, 2002. Prepared for APAC, Inc.
                by IT
                Corporation.

            

    

     

    
      	
              95)

            	
              Letter
                from Kleinfelder, Inc. to Ashland, Inc. re: Proposal for Confirmation
                Borings, Monitor Well Installation, dated July 30,
                2003.

            

    

     

    
      	
              96)

            	
              Correspondence
                among Ashland, Inc., RMC USA, Inc., Kleinfelder, Inc., Arizona Department
                of Environmental Quality, re: Tucson Ready Mix Soil and Groundwater
                Remediation, dated April - December 2004, together with Soil Analytical
                Results and Status Update.

            

    

     

    
      	
              97)

            	
              Correspondence
                among Ashland, Inc., Kleinfelder, Inc., and Arizona Department of
                Environmental Quality, re: Remediation of Petroleum Contaminated
                Soils at
                Tucson Ready Mix, dated January - November 2005, together with 2004
                Confirmation Boring Soil Analytical
                Results.

            

    

     

    
      	
              98)

            	
              Letter
                from Kleinfelder, Inc. to Ashland, Inc./EH&S re: Proposal for
                Excavation and Biotreatment/Aeration of Hydrocarbon Impacted Soils
                at
                Tucson Ready Mix, Tucson, AZ, dated February 22,
                2005.

            

    

     

    
      	
              99)

            	
              Correspondence
                among Kleinfelder, Inc., Ashland, Inc., and Arizona Department of
                Environmental Quality re: Tucson Ready Mix Remediation, dated March
                - June
                2006, together with Application for State Assurance
                Fund.

            

    

     

    
      	
              100)

            	
              Pre-Approval
                Work Plan for Excavation of Petroleum Contaminated Soils from Leaking
                Underground Storage Tank at Tucson Ready Mix, 6601 North Casa Grande
                Highway, Tucson, Arizona, dated January 4, 2006. Prepared for Arizona
                Department of Environmental Quality by Kleinfelder,
                Inc.

            

    

     

    
      	
              101)

            	
              Correspondence
                among Florida Department of Environmental Protection, APAC - Southeast,
                Inc., Ashland, Inc. re: Groundwater contamination at Winter Haven,
                dated
                May and June 2006; together with Groundwater Sampling
                Results.

            

    

     

     

    
      
        
        

      

      
        53

        
          

        

      

      
        Table
          of Contents

      

    

     

     

    Schedule
      3.16:

    Employee
      and Labor Matters

     

    

    None.

     

     

    
      
        
        

      

      
        54

        
          

        

      

      
        Table
          of Contents

      

    

     

    Schedule
      3.17(a):

    Transactions
      with Affiliates

     

    

    None.

     

     

    
      
        
        

      

      
        55

        
          

        

      

      
        Table
          of Contents

      

    

     

    Schedule
      3.17(b):

    Contracts
      Held By Seller

     

    Category
      1:
      Contracts Ashland is not assigning to APAC:

     

    
      	
              1)

            	
              Letter
                of Understanding between Ashland Inc. and Grainger Industrial Supply,
                a
                division of W.W. Grainger, Inc., dated July 1,
                2005

            

    

     

    
      	
              2)

            	
              JP
                Morgan - Commercial Card Agreement between Bank One, NA and Ashland
                Inc.
                dated May 20, 2002

            

    

     

    
      	
              3)

            	
              Master
                Services Agreement and Subordinate Agreement, including amendments,
                between Ashland Inc. and Kelly Services, Inc., effective January
                1,
                2000

            

    

     

    
      	
              4)

            	
              Master
                Purchase Agreement between Ashland Inc. and Motion Industries, Inc.,
                effective January 15, 2005

            

    

     

    
      	
              5)

            	
              Purchase
                Agreement between Ashland Inc. and New Pig Corporation, dated July
                31,
                2002

            

    

     

    
      	
              6)

            	
              Agreement
                between The Relizon Company and Ashland Inc., dated February 12,
                2004 Name
                changed to WorkflowOne, as provided in letter dated July 17,
                2006

            

    

     

    Category
      2:
      Contracts Ashland is splitting into two identical contracts, one to be retained
      by Ashland and one to transfer with APAC:

     

    
      	
              1)

            	
              Master
                Purchase Agreement between Ashland, Inc. and Airgas, Inc., effective
                September 1, 2004

            

    

     

    
      	
              2)

            	
              Master
                Purchase Agreement between Ashland, Inc. and Bridgestone, effective
                September 5, 2002, amended August 18,
                2004

            

    

     

    
      	
              3)

            	
              Cintas
                Corporation and Ashland Inc.—Multiple Location Rental Account Agreement
                dated December 8, 2000 and Addendums of January 1, 2001, September
                25,
                2001, November 30, 2005, and December 20,
                2005

            

    

     

    
      	
              4)

            	
              Strategic
                Account Agreement between Ashland Inc. and Corporate Express Office
                Products, Inc., effective January 4,
                2002

            

    

     

    
      	
              5)

            	
              Letter
                Agreement between Ashland, Inc. and DaimlerChrysler regarding the
                Volume
                Incentive Program dated August 25,
                2004

            

    

     

    
      	
              6)

            	
              Services
                Agreement between Ashland Inc. and Express Services, Inc., effective
                February 24, 2004

            

    

     

    
      	
              7)

            	
              Purchase
                Agreement between Ashland, Inc. and Fastenal Company, dated June
                21,
                2001

            

    

     

    
      	
              8)

            	
              Corporate
                Pricing Program Agreement between Federal Express Corporation and
                Ashland
                Inc., dated July 29, 2004, amended by Pricing Agreement Amendment,
                effective August 31, 2005

            

    

     

    
      
        
        

      

      
        56

        
          

        

      

      
        Table
          of Contents

      

    

    
 

    
      	
              9)

            	
              Consulting
                Agreement between Ashland Inc. and FEI Behavioral Health dated October
                1,
                2002

            

    

     

    
      	
              10)

            	
              National
                Account Agreement between Ashland Inc. and Ferrellgas, accepted as
                of May
                21, 2003

            

    

     

    
      	
              11)

            	
              Competitive
                Assistance Program between Ashland/APAC and General Motors Fleet
                and
                Commercial Operations, accepted September 17,
                2004

            

    

     

    
      	
              12)

            	
              Addendum
                to Carrier Agreement between Ashland Inc. and United Parcel Service,
                Inc.,
                dated May 30, 2003

            

    

     

    
      	
              13)

            	
              Electronic
                Data Access and Exchange Agreement between APAC, Inc. and United
                Parcel
                Service General Services Co., dated May 5,
                2006

            

    

     

    
      	
              14)

            	
              Master
                Services Agreement between Ashland Inc. and Verifications, Inc.,
                dated
                June 24, 2004

            

    

     

    
      	
              15)

            	
              Wright
                Express Business Charge Account Agreement between Ashland, Inc. and
                Wright
                Express Financial Services Corporation, dated August 13, 2002, amended
                March 31, 2006 and August 16, 2005

            

    

     

    
      	
              16)

            	
              Extension
                to First Amendment For National Agreement between Ashland Inc. and
                Zee
                Medical, Inc., dated July 18, 2005

            

    

     

    Category
      3:
      Contracts Ashland is assigning to APAC:

     

    
      	
              1)

            	
              Bandag
                Fleet Sales Agreement between Ashland, Inc. (Fleet) and Bandag
                Incorporated, effective September 3, 2002, amended March 3,
                2005

            

    

     

    
      	
              2)

            	
              Corporate
                Procurement Agreement between Ashland, Inc. and Bucyrus Blades, Inc.,
                dated October 6, 2003, amended effective August 1,
                2005

            

    

     

    
      	
              3)

            	
              Corporate
                Procurement Agreement between Ashland, Inc. and Donaldson Company,
                Inc.,
                dated August 1, 2003, amended September 27,
                2005

            

    

     

    
      	
              4)

            	
              Master
                Purchase Agreement between Ashland, Inc. and Goodyear Tire & Rubber
                Company, dated December 19, 2002 and amended by Addendum effective
                January
                1, 2005

            

    

     

    
      	
              5)

            	
              Master
                Rental Agreement between Ashland, Inc. and Hertz, dated January 21,
                2003,
                amended November 2004

            

    

     

    
      	
              6)

            	
              Corporate
                Procurement Agreement between Ashland, Inc. and Ingersoll-Rand Company,
                effective October 30, 2003

            

    

     

    
      	
              7)

            	
              Corporate
                Procurement Agreement between Ashland, Inc. and Interstate Battery,
                dated
                March 21, 2005

            

    

     

    
      
        
        

      

      
        57

        
          

        

      

      
        Table
          of Contents

      

    

    
 

    
      	
              8)

            	
              Master
                Purchase Agreement between Ashland Inc. and Kawasaki Construction
                Machinery Corporation of America, effective March 1, 2003, and Amendment
                dated September 5, 2004

            

    

     

    
      	
              9)

            	
              Corporate
                Procurement Agreement between Ashland, Inc. and Komatsu
                America Corp.,
                effective May 1, 2004

            

    

     

    
      	
              10)

            	
              Corporate
                Procurement Agreement between Ashland, Inc. and Menardi-Mikropul,
                LLC
                (Baghouses), effective July 1, 2005

            

    

     

    
      	
              11)

            	
              Corporate
                Procurement Agreement between Ashland, Inc. and Roadtec, Inc., effective
                January 8, 2004

            

    

     

    
      	
              12)

            	
              Corporate
                Procurement Agreement between Ashland, Inc. and Sakai America, Inc.,
                effective October 30, 2003

            

    

     

    
      	
              13)

            	
              Supply
                Agreement between Ashland, Inc. and Truman Arnold Companies, effective
                March 1, 2006

            

    

     

     

    
      
        
        

      

      
        58

        
          

        

      

      
        Table
          of Contents

      

    

     

    Schedule
      5.01:

    Covenants
      Relating to Conduct of Business

     

    

    Amendment
      to Certificate of Incorporation
      (Section
      5.01(a)(i) of the Stock Purchase Agreement)

     

    
      	
              1)

            	
              Pursuant
                to Section 242 of the Delaware General Corporation Law, a certificate
                amending Article First of the Certificate of Incorporation of Ashland
                Paving And Construction, Inc. to change its name to “APAC Holdings, Inc.”
                shall be filed with the Delaware Secretary of State. Other than the
                amendment to Article First, the Certification of Incorporation shall
                be
                unchanged and shall remain in full force and
                effect.

            

    

     

    
      	
              2)

            	
              Pursuant
                to Section 242 of the Delaware General Corporation Law, a certificate
                amending Article First of the Certificate of Incorporation of Ashland
                Construction Communications Company to change its name to “APAC
                Construction Communications Company” shall be filed with the Delaware
                Secretary of State. Other than the amendment to Article First, the
                Certification of Incorporation shall be unchanged and shall remain
                in full
                force and effect.

            

    

    
Dividends
      (Section
      5.01(a)(ii) of the Stock Purchase Agreement)

     

    
      	
              1)

            	
              Prior
                to the Closing Date, APAC will issue a dividend to Seller in an amount
                of
                up to two-hundred million dollars ($200,000,000) and payable in the
                form
                of a demand note issued by APAC (the “APAC
                Note”),
                and Ashland will contribute the APAC Note to APAC as a capital
                contribution (with the APAC Note being cancelled) prior to the Closing
                Date.

            

    

     

    
      	
              2)

            	
              Prior
                to the Closing Date, APAC Subsidiaries will issue dividends to APAC
                in
                various amounts not to exceed, in aggregate, two-hundred million
                dollars
                ($200,000,000) and payable in the form of demand notes (the “Notes”)
                issued by APAC Subsidiaries, and APAC will contribute the Notes to
                the
                APAC Subsidiaries that issued the Notes as capital contributions
                (with the
                Notes being cancelled) prior to the Closing
                Date.

            

    

     

    Other
      Conduct Outside the Ordinary Course

     

    Prior
      to
      the Closing Date, APAC intends to make the remaining deferred payment ($500,000)
      related to the purchase of Wedowee Quarry, Inc. by APAC-Southeast, Inc. in
      July
      2005.

     

     

    
      
        
        

      

      
        59

        
          

        

      

      
        Table
          of Contents

      

    

     

    Schedule
      5.13(a):

    Guarantees

     

    

    See
      Schedule 3.08(a)(viii).

     

     

    
      
        
        

      

      
        60

        
          

        

      

      
        Table
          of Contents

      

    

     

    Schedule
      5.13(b):

    GIAs;
      Owner & Contractors Protective; Railroad Protective Insurance
      Policies

     

    

    (1)
      APAC
      Open Surety Bonds

     

    See
      attached list.

     

    

    (2)
      All
      Open APAC Railroad Protective Policies
      (as of
      August 18, 2006)

     

    
      	
              Ins.
                Co.

            	
              Policy

            	
              Number

            	
              Insured

            
	
              PEI

               

            	
              ORP

            	
              G1
                98 94 74 5

            	
              APAC-Oklahoma,
                Inc., Shawnee Div. & Grainbelt Corporation (01/12/00)

               

            
	
              PEI

               

            	
              ORP

               

            	
              G2
                02 99 01 0

               

            	
              APAC-Carolina,
                Inc., PAPCO Central Division, and Norfolk Southern Railway Co.
                (01/31/02)

            
	
              PEI

               

            	
              ORP

            	
              G2
                02 99 02 2

            	
              APAC-Carolina,
                Inc., PAPCO Central Division, and Norfolk Southern Railway Co.
                (01/31/02)

            
	
              PEI

               

            	
              ORP

               

            	
              G2
                03 05 93 9

            	
              APAC-Oklahoma,
                Inc. Shawnee Div. & Grainbelt Railroad (02/06/01)

               

            
	
              PEI

            	
              ORP

               

            	
              G2
                03 10 04 2

               

            	
              APAC-Tennessee,
                Inc. & CSX Railroad Corporation. (milling, resurfacing of 8 bridges)
                (03/12/01)

            
	
              PEI

               

            	
              ORP

               

            	
              G2
                03 10 27 3

            	
              APAC-Oklahoma,
                Inc. & Arkansas-Oklahoma Railroad Company (05/15/01)

               

            
	
              PEI

            	
              ORP

               

            	
              G2
                16 90 18 1

            	
              APAC-Atlantic,
                Inc. - Thompson-Arthur Division and Norfolk Southern Railway Company
                (8/25/03)

            
	
              PEI

            	
              ORP

            	
              G2
                16 90 35 1

               

            	
              APAC-Kansas,
                Inc., Kansas City Div and The Burlington Northern & Santa Fe Railway
                Co (11/04/03) COI#16574

            
	
              PEI

               

            	
              ORP

               

            	
              G2
                16 96 85 7

            	
              APAC-Atlantic,
                Inc. and Norfolk Southern Railway Company (1/13/04) COI#16940

               

            
	
              PEI

               

            	
              ORP

               

            	
              G2
                16 96 88 2

            	
              APAC-Atlantic,
                Inc, Virginia Special Projects Div. and CSX Transportation, Inc.
                (02/09/04) COI#17097.

            
	
              PEI

               

            	
              ORP

            	
              G2
                16 96 97 3

               

            	
              APAC-Tennessee,
                Inc. and The Burlington Northern and Santa Fe Railway Company (3/9/04)
                COI#17265

            
	
              PEI

            	
              ORP

               

            	
              G2
                16 97 00 A

            	
              APAC-Southeast,
                Inc. and Seminole Gulf Railway, L.P. (3/18/04) COI#17344

               

            
	
              PEI

            	
              ORP

            	
              G2
                16 97 42 4

            	
              APAC-Kansas,
                Inc. and Nebraska, Kansas & Colorado RailNet, Inc. COI#18338
                (9/2/04)

               

            
	
              PEI

            	
              ORP

            	
              G2
                16 97 45 A

            	
              Ashland
                Environmental Health & Safety and NJ Transit COI #18418

               

            
	
              PEI

               

            	
              ORP

            	
              G2
                16 97 57 6

               

            	
              APAC-Atlantic,
                Inc. and Norfolk Southern Railway Company COI#19244

               

            
	
              PEI

               

            	
              ORP

            	
              G2
                16 97 62 A

            	
              APAC-Tennessee,
                Inc. and Union Pacific Railroad Company

              COI#19278

            

    

     

     

    
      
        
        

      

      
        61

        
          

        

      

      
        Table
          of Contents

      

    

     

    
      	
              Ins.
                Co.

            	
              Policy

            	
              Number

            	
              Insured

            

    

    
      	
              PEI

               

            	
              ORP

               

            	
              G2
                16 97 66 7

               

            	
              APAC-Atlantic,
                Inc. and Norfolk Southern Railway Company

              COI#19289

            
	
              PEI

               

            	
              ORP

            	
              G2
                16 97 70 9

            	
              APAC-Atlantic,
                Inc. and Norfolk Southern Railway Company

              COI#19291

            
	
              PEI

            	
              ORP

            	
              G2
                16 97 71 0

            	
              APAC-Kansas,
                Inc. and Union Pacific Railroad COI#19616

               

            
	
              PEI

            	
              ORP

               

            	
              G2
                16 97 72 2

               

            	
              APAC-Missouri,
                Inc. and Missouri and Northern Arkansas Railroad COI#19639

               

            
	
              PEI

               

            	
              ORP

            	
              G2
                16 97 77 1

            	
              Ashland
                Health & Safety and CSX COI #19864

               

            
	
              PEI

               

            	
              ORP

            	
              G2
                16 97 78 3

            	
              APAC-Texas,
                Inc. and Timber Rock Railroad COI#19967

               

            
	
              PEI

            	
              ORP

               

            	
              G2
                16 97 83 7

            	
              APAC-Arkansas,
                Inc. and Kansas City Southern Railway COI#20302

               

            
	
              PEI

            	
              ORP

            	
              G2
                16 97 86 2

            	
              APAC-Missouri,
                Inc. and BNSF Railway Company COI#20543

               

            
	
              PEI

            	
              ORP

            	
              G2
                16 97 92 8

            	
              APAC-Missouri,
                Inc. and Burlington Northern Railroad

               

            
	
              PEI

            	
              ORP

            	
              G2
                16 97 95 3

            	
              Ashland
                Inc. and Soo Line Railroad Company COI #

               

            
	
              PEI

               

            	
              ORP

               

            	
              G2
                16 97 97 7

            	
              APAC-Kansas,
                Inc. and Kansas City Terminal Railway Company COI#21073

               

            
	
              PEI

            	
              ORP

            	
              G2
                16 97 98 9

            	
              APAC-Kansas,
                Inc. and Union Pacific Railroad Company COI#21088

               

            
	
              PEI

            	
              ORP

            	
              G2
                16 98 00 3

            	
              APAC-Southeast,
                Inc. and Central of Georgia Railway Company COI#21242

               

            
	
              PEI

            	
              ORP

               

            	
              G2
                16 98 02 7

            	
              APAC-Texas,
                Inc. and Union Pacific Railroad Company COI#

            
	
              ACE
                
Amer

            	
              ORP

               

            	
              G2
                16 98 04 0

            	
              APAC-Southeast,
                Inc. and CSX Transportation, Inc. COI#21347

            
	
              ACE
Amer

            	
              ORP

               

            	
              G2
                16 98 05 2

               

            	
              APAC-Texas,
                Inc. and Union Pacific Railroad Company COI#21423

            
	
              ACE
Amer

            	
              ORP

            	
              G2
                16 98 07 6

            	
              APAC-Missouri,
                Inc. and BNSF Railway COI#21510

            
	
              ACE
                

              Amer

            	
              ORP

            	
              G2
                16 98 09 A

            	
              APAC-Texas,
                Inc. and Sabine River & Northern Railroad COI#21553

               

            
	
              ACE
                

              Amer

            	
              ORP

            	
              G2
                16 98 16 7

            	
              APAC-Kansas,
                Inc. and Union Pacific Railroad Company COI#21935

               

            
	
              ACE
                

              Amer

            	
              ORP

            	
              G2
                16 98 17 9

            	
              APAC-Southeast,
                Inc. and BNSF Railroad COI#21996

            
	
              ACE
                

              Amer

            	
              ORP

            	
              G2
                16 98 18 0

            	
              APAC-Southeast,
                Inc. and CSX Transportation, Inc. COI#22064

            
	
              ACE
                

              Amer

            	
              ORP

            	
              G2
                16 98 22 2

            	
              APAC-Southeast,
                Inc. and CSX Transportation, Inc. COI#22157

            
	
              ACE
                

              Amer

            	
              ORP

            	
              G2
                16 98 24 6

            	
              APAC-Missouri,
                Inc. and Union Pacific Railroad Company COI#22201

            
	
              ACE
                

              Amer

            	
              ORP

            	
              G2
                16 98 25 8

            	
              APAC-Southeast,
                Inc. and Norfolk Southern Railway Company COI#22236
                (4/27/06)

            

    

     

     

    
      
        
        

      

      
        62

        
          

        

      

      
        Table
          of Contents

      

    

     

    

      	
              Ins.
                Co.

            	
              Policy

            	
              Number

            	
              Insured

            

    

    
      	
              ACE
                

              Amer

            	
              ORP

            	
              G2
                16 98 29 5

            	
              APAC-Tennessee,
                Inc. and Norfolk Southern Railway Company COI#22272 (5/05/06)

               

            
	
              ACE
                

              Amer

            	
              ORP

            	
              G2
                16 98 35 0

            	
              APAC-Tennessee,
                Inc. and Caney Fork & Western Railroad COI#22358 (6/8/06)

               

            
	
              ACE
                

              Amer

            	
              ORP

            	
              G2
                16 98 37 4

            	
              APAC-Kansas,
                Inc. and Union Pacific Railroad Company COI#22662 (7/5/06)

               

            
	
              ACE
                

              Amer

            	
              ORP

            	
              G2
                16 98 38 6

            	
              APAC-Texas,
                Inc. and Union Pacific Railroad Company COI#22723
                (7/13/06)

            
	
              ACE
                

              Amer

            	
              ORP

            	
              G2
                16 98 39 8

            	
              APAC-Southeast,
                Inc. and CSX Transportation Inc. COI#22733 (7/14/06)

               

            
	
              ACE
                

              Amer

            	
              ORP

            	
              G2
                16 98 40 4

            	
              APAC-Oklahoma,
                Inc. and BNSF Railway Company COI#22735 (7/18/06)

               

            

    

     

    (3)
      All
      Open APAC Owner’s & Contractor’s Protective
      Policies
      (as of
      August 18, 2006)

     

    
      	
              Ins.
                Co.

            	
              Policy

            	
              Number

            	
              Insured

            	
              Status

            
	
              INA

            	
              LGP

            	
              2
                51 06

            	
              APAC-Mississippi,
                Inc. (Warren Brothers) & City of Jackson (04/01/70)

               

            	 
	
              IINA

            	
              GLP

            	
              G1
                93 13 96 7

            	
              APAC-Georgia,
                Inc. & Gwinnett County Board of Commissioners
                (06/04/99)

            	 
	
              PEI

            	
              GLP

               

            	
              G2
                02 99 11 3

            	
              APAC-Mississippi,
                Inc. and Tippah Electric Power Association and Allen & Hoshall
                Engineers (3/28/02)

            	 
	
              PEI

            	
              GLP

            	
              G2
                02 99 57 5

            	
              APAC-Kansas,
                Inc. and City of Tulsa (10/25/02)

               

            	 
	
              PEI

            	
              GLP

            	
              G2
                16 89 70 1

            	
              APAC-Mississippi,
                Inc. and City of Canton, Mississippi (10/31/02)

               

            	 
	
              PEI

            	
              GLP

            	
              G2
                16 89 73 7

            	
              APAC-Alabama,
                Inc. and City of Brundidge and Bob Carter & Associates, LLC
                (11/11/02)

            	 
	
              PEI

            	
              GLP

            	
              G2
                16 90 36 3

            	
              APAC-Kansas,
                Inc. and City of Tulsa, A municipal Corporation (11/06/03) COI#16581(03)
                #16582(04)

            	
              This
                job is ongoing.

            
	
              PEI

            	
              GLP

            	
              G2
                16 96 78 A

            	
              APAC-Kansas,
                Inc., Kansas City Division and City of Lenexa, 
Kansas (11/18/03)
                COI#16573

            	 
	
              PEI

            	
              GLP

            	
              G2
                16 97 24 2

            	
              APAC-Mississippi,
                Inc. and Bureau of Building, Grounds & Real Property Management   

            	 
	
              PEI

            	
              GLP

            	
              G2
                16 97 44 8

            	
              APAC-Oklahoma,
                Inc. and City of Tulsa COI#18400 (9/16/04)

               

            	 
	
              PEI

            	
              GLP

            	
              G2
                16 97 53 9

            	
              APAC-Kansas,
                Inc. and City of Overland Park

               

            	 
	
              PEI

            	
              GLP

            	
              G2
                16 97 54 0

            	
              APAC-Kansas,
                Inc. and Magellan Pipeline Company

               

            	 
	
              PEI

            	
              GLP

            	
              G2
                16 97 63 1

            	
              APAC-Tennessee,
                Inc. and Tennessee National, LLC a Tennessee Registered Partnership
                and of
                the State of Tennessee COI#19397

            	 

    

     

     

    
      
        
        

      

      
        63

        
          

        

      

      
        Table
          of Contents

      

    

     

     

    
      	
              Ins.
                Co.

            	
              Policy

            	
              Number

            	
              Insured

            	
              Status

            

    

    
      	
              ACE
                

              Amer

            	
              GLP

            	
              G2
                16 97 69 2

            	
              APAC-Oklahoma,
                Inc. and City of Tulsa Oklahoma COI#19522 12/12/05

            	 
	
              PEI

            	
              GLP

            	
              G2
                16 97 81 3

            	
              APAC-Southeast,
                Inc. and The County of Greenwood COI #20110

               

            	 
	
              PEI

            	
              GLP

            	
              G2
                16 97 88 6

            	
              APAC-Arkansas,
                Inc. and City of Fayetteville, Arkansas COI#20596

               

            	 
	
              PEI

            	
              GLP

            	
              G2
                16 97 90 4

            	
              APAC-Southeast,
                Inc. and Dorchester County COI#20644

               

            	
            
	
              PEI

            	
              GLP

            	
              G2
                16 97 99 0

            	
              APAC-Arkansas,
                Inc. and City of Rogers COI#21217

               

            	
            
	
              ACE
                

              Amer

            	
              GLP

            	
              G2
                16 98 03 9

            	
              APAC-Kansas,
                Inc. and City of Hutchinson COI#21183

            	 
	
              ACE
                

              Amer

            	
              GLP

            	
              G2
                16 98 08 8

            	
              APAC-Missouri,
                Inc. and City of Springfield COI#21515

            	
            
	
              ACE
                

              Amer

            	
              GLP

            	
              G2
                16 98 10 6

            	
              APAC-Oklahoma,
                Inc. and City of Tulsa Oklahoma COI#Accord form.

            	
            
	
              ACE
                

              Amer

            	
              GLP

            	
              G2
                16 98 11 8

            	
              APAC-Arkansas,
                Inc. and City of Cave Springs, Arkansas COI#21695

            	
            
	
              ACE
                

              Amer

            	
              GLP

            	
              G2
                16 98 12 A

            	
              APAC-Oklahoma,
                Inc. and City of Tulsa Oklahoma COI#21752

            	
            
	
              ACE
                

              Amer

            	
              GLP

               

            	
              G2
                16 98 13 1

            	
              APAC-Arkansas,
                Inc. and City of Bentonville COI#21889

            	
            
	
              ACE
                

              Amer

            	
              GLP

            	
              G2
                16 98 14 3

            	
              APAC-Southeast,
                Inc. and The Town of Brilliant COI#21890

            	
            
	
              ACE
                

              Amer

            	
              GLP

            	
              G2
                16 98 15 5

            	
              APAC-Missouri,
                Inc. and City of Springfield COI#21917

            	
            
	
              ACE
                

              Amer

            	
              GLP

            	
              G2
                16 98 19 2

            	
              APAC-Arkansas,
                Inc. and City of Springdale COI#22083

            	
            
	
              ACE
                

              Amer

            	
              GLP

            	
              G2
                16 98 21 0

            	
              APAC-Tennessee,
                Inc. and Tennessee National, LLC COI#22156

            	
            
	
              ACE
                

              Amer

            	
              GLP

            	
              G2
                16 98 23 4

            	
              APAC-Kansas,
                Inc. and City of Overland Park COI#22183

            	
            
	
              ACE
                

              Amer

            	
              GLP

            	
              G2
                16 98 26 A

            	
              APAC-Kansas,
                Inc. and Magellan Pipeline (5/03/06)

            	
            
	
              ACE
                

              Amer

            	
              GLP

            	
              G2
                16 98 27 1

            	
              APAC-Atlantic,
                Inc. and Eden City Hall COI#22256 (5/4/06)

            	
            
	
              ACE
                

              Amer

            	
              GLP

            	
              G2
                16 98 28 3

            	
              APAC-Missouri,
                Inc. and Missouri State University COI#22257 (5/4/06)

            	
            
	
              ACE
                

              Amer

            	
              ORP

            	
              G2
                16 98 29 5

            	
              APAC-Tennessee,
                Inc. and Norfolk Southern Railway Company COI#22272
                (5/05/06)

            	
            
	
              ACE
                

              Amer

            	
              GLP

            	
              G2
                16 98 30 1

            	
              APAC-
                Kansas, Inc. and City of Overland Park COI# their form
                (5/8/06)

               

            	 

    

     

     

    
      
        
        

      

      
        64

        
          

        

      

      
        Table
          of Contents

      

    

     

     

    
      	
              Ins.
                Co.

            	
              Policy

            	
              Number

            	
              Insured

            	
              Status

            

    

    
      	
              ACE
                

              Amer

            	
              GLP

            	
              G2
                16 98 31 3

            	
              APAC-Southeast,
                Inc. and City of Aiken, South Carolina COI#22364 (5/18/06)   

            	
            
	
              ACE
                

              Amer

            	
              GLP

            	
              G2
                16 98 32 5

            	
              APAC-Missouri,
                Inc. and Cole County Commission COI#22377 (5/23/06)

            	
            
	
              ACE
                

              Amer

            	
              GLP

            	
              G2
                16 98 33 7

            	
              APAC-Tennessee,
                Inc. and City of Marked Tree and Brawley Consulting Engineers Inc.
                COI#22430 (5/30/06)

            	
            
	
              ACE
                

              Amer

            	
              GLP

            	
              G2
                16 98 34 9

            	
              APAC-Missouri,
                Inc. and Boone County COI#22484 (6/6/06)

            	
            
	
              ACE
                

              Amer

            	
              GLP

            	
              G2
                16 98 36 2

            	
              APAC-Atlantic,
                Inc. and City of Fayetteville COI#22660 (7/5/06)

            	
            
	
              ACE
                

              Amer

            	
              GLP

            	
              G2
                16 98 41 6

            	
              APAC-Arkansas,
                Inc. And City of Rogers and Crafton, Tull & Associates, Inc. COI#22877
                (8/7/06)

            	
            
	
              ACE
                

              Amer

            	
              GLP

            	
              G2
                16 98 42 8

            	
              APAC-Oklahoma,
                Inc. And City of Tulsa and Crafton, Tull & Asssociates, Inc. COI#22924
                (8/14/06)

            	
            
	
              ACE
                

              Amer

            	
              GLP

            	
              G2
                16 98 43 A

            	
              APAC-Oklahoma,
                Inc. And City of Claremore, Samuel P. Balsiger, P.E, City Engineer,
                Ron
                Easterling, Engineering Tech, Daryl Golbek, Street Superintendent.
                COI#22925 (8/14/06)

            	
            

    

    

     

    
      
        
        

      

      
        65

        
          

        

      

      
        Table
          of Contents

      

    

    

      ALL
        OPEN APAC SURETY BONDS

      AS
        OF AUGUST 16, 2006

      
        	
                Bond
                  Number

              	
                Open/Final

              	
                Principal

              	
                Location

              	
                Executed

              	
                Classification

              	
                Obligee

              	
                Bond
                  Amount

              
	
                14-000-020-0828
                  

              	
                O

              	
                APAC-Florida,
                  Inc. 

              	
                Medley
                  

              	
                11-Jan-02

              	
                New
                  Construction 

              	
                63rd
                  Street
                  Association, Ltd. 

              	
                $1,350,000.00

              
	
                14-038-584
                  

              	
                O

              	
                Thompson-Arthur
                  Division 

              	
                Greensbor

              	
                12-Jun-06

              	
                Resurfacing
                  

              	
                A-1
                  Sandrock,
                  Inc. 

              	
                $113,327.50

              
	
                14-026-080
                  

              	
                O

              	
                Shears
                  Division, APAC-Kansas 

              	
                Salina
                  

              	
                22-Nov-05

              	
                New
                  Construction 

              	
                A.M.
                  Cohron
                  & Sons, Inc. 

              	
                $107,025.45

              
	
                14-030-680
                  

              	
                O

              	
                Coastal
                  Carolina Division 

              	
                Kinston
                  

              	
                06-Dec-05

              	
                New
                  Construction 

              	
                Actus
                  Lend
                  Lease LLC 

              	
                $286,757.20

              
	
                14-030-581
                  

              	
                O

              	
                APAC-Southeast,
                  Inc. 

              	
                Dothan
                  

              	
                02-Dec-05

              	
                Reclamation
                  

              	
                Alabama
                  Department of Agriculture & Industries 

              	
                $12,500.00

              
	
                14-026-897
                  

              	
                O

              	
                APAC-Mississippi,
                  Inc. 

              	
                Columbus
                  

              	
                17-Oct-05

              	
                Weighmaster's
                  Bond 

              	
                Alabama
                  Department of Agriculture & Industries 

              	
                $1,000.00

              
	
                14-026-898
                  

              	
                O

              	
                APAC-Mississippi,
                  Inc. 

              	
                Columbus
                  

              	
                17-Oct-05

              	
                Weighmaster's
                  Bond 

              	
                Alabama
                  Department of Agriculture & Industries 

              	
                $1,000.00

              
	
                14-026-900
                  

              	
                O

              	
                APAC-Southeast,
                  Inc. 

              	
                Huntsvill

              	
                03-Nov-05

              	
                Weighmaster's
                  Bond 

              	
                Alabama
                  Department of Agriculture & Industries 

              	
                $1,000.00

              
	
                14-027-017
                  

              	
                O

              	
                APAC-Southeast,
                  Inc. 

              	
                Fortson
                  

              	
                18-Sep-05

              	
                Weighmaster's
                  Bond 

              	
                Alabama
                  Department of Agriculture & Industries 

              	
                $1,000.00

              
	
                14-029-025
                  

              	
                O

              	
                APAC-Southeast,
                  Inc. 

              	
                Huntsvill

              	
                08-Oct-05

              	
                Weighmaster's
                  Bond 

              	
                Alabama
                  Department of Agriculture & Industries 

              	
                $1,000.00

              
	
                14-029-411
                  

              	
                O

              	
                APAC-Southeast,
                  Inc. 

              	
                Huntsvill

              	
                04-Oct-05

              	
                Weighmaster's
                  Bond 

              	
                Alabama
                  Department of Agriculture & Industries 

              	
                $1,000.00

              
	
                14-026-891
                  

              	
                O

              	
                APAC-Southeast,
                  Inc. 

              	
                Birminghm

              	
                30-Sep-05

              	
                Weighmaster's
                  Bond 

              	
                Alabama
                  Department of Agriculture & Industries 

              	
                $1,000.00

              
	
                14-027-014
                  

              	
                O

              	
                APAC-Southeast,
                  Inc. 

              	
                Fortson
                  

              	
                19-Sep-05

              	
                Weighmaster's
                  Bond 

              	
                Alabama
                  Department of Agriculture & Industries 

              	
                $1,000.00

              
	
                14-027-016
                  

              	
                O

              	
                APAC-Southeast,
                  Inc. 

              	
                Fortson
                  

              	
                14-Sep-05

              	
                Weighmaster's
                  Bond 

              	
                Alabama
                  Department of Agriculture & Industries 

              	
                $1,000.00

              
	
                14-026-655
                  

              	
                O

              	
                APAC-Southeast,
                  Inc. 

              	
                Birminghm

              	
                25-Aug-06

              	
                Weighmaster's
                  Bond 

              	
                Alabama
                  Department of Agriculture & Industries 

              	
                $1,000.00

              
	
                14-026-882
                  

              	
                O

              	
                APAC-Southeast,
                  Inc. 

              	
                Fortson
                  

              	
                29-Aug-06

              	
                Weighmaster's
                  Bond 

              	
                Alabama
                  Department of Agriculture & Industries 

              	
                $1,000.00

              
	
                14-026-653
                  

              	
                O

              	
                APAC-Southeast,
                  Inc. 

              	
                Birminghm

              	
                12-Aug-06

              	
                Weighmaster's
                  Bond 

              	
                Alabama
                  Department of Agriculture & Industries 

              	
                $1,000.00

              
	
                14-026-654
                  

              	
                O

              	
                APAC-Southeast,
                  Inc. 

              	
                Birminghm

              	
                15-Aug-06

              	
                Weighmaster's
                  Bond 

              	
                Alabama
                  Department of Agriculture & Industries 

              	
                $1,000.00

              
	
                14-029-398
                  

              	
                O

              	
                APAC-Southeast,
                  Inc. 

              	
                Birminghm

              	
                15-Jul-06

              	
                Weighmaster's
                  Bond 

              	
                Alabama
                  Department of Agriculture & Industries 

              	
                $1,000.00

              
	
                14-030-065
                  

              	
                O

              	
                APAC-Southeast,
                  Inc. 

              	
                Huntsvill

              	
                19-Jul-06

              	
                Weighmaster's
                  Bond 

              	
                Alabama
                  Department of Agriculture & Industries 

              	
                $1,000.00

              
	
                14-030-541
                  

              	
                O

              	
                APAC-Southeast,
                  Inc. 

              	
                Huntsvill

              	
                28-Jul-06

              	
                Weighmaster's
                  Bond 

              	
                Alabama
                  Department of Agriculture & Industries 

              	
                $1,000.00

              
	
                14-026-652
                  

              	
                O

              	
                APAC-Southeast,
                  Inc. 

              	
                Birminghm

              	
                11-Jul-06

              	
                Weighmaster's
                  Bond 

              	
                Alabama
                  Department of Agriculture & Industries 

              	
                $1,000.00

              
	
                14-026-881
                  

              	
                O

              	
                APAC-Southeast,
                  Inc. 

              	
                Birminghm

              	
                11-Jul-06

              	
                Weighmaster's
                  Bond 

              	
                Alabama
                  Department of Agriculture & Industries 

              	
                $1,000.00

              
	
                14-027-046
                  

              	
                O

              	
                APAC-Southeast,
                  Inc. 

              	
                Andalusia

              	
                19-Jul-06

              	
                Weighmaster's
                  Bond 

              	
                Alabama
                  Department of Agriculture & Industries 

              	
                $1,000.00

              
	
                14-026-645
                  

              	
                O

              	
                APAC-Alabama,
                  Inc. 

              	
                Huntsvill

              	
                22-Jun-06

              	
                Weighmaster's
                  Bond 

              	
                Alabama
                  Department of Agriculture & Industries 

              	
                $1,000.00

              
	
                14-026-647
                  

              	
                O

              	
                APAC-Southeast,
                  Inc. 

              	
                Birminghm

              	
                10-Jun-06

              	
                Weighmaster's
                  Bond 

              	
                Alabama
                  Department of Agriculture & Industries 

              	
                $1,000.00

              
	
                14-029-601
                  

              	
                O

              	
                APAC-Southeast,
                  Inc. 

              	
                Huntsvill

              	
                24-Jun-06

              	
                Weighmaster's
                  Bond 

              	
                Alabama
                  Department of Agriculture & Industries 

              	
                $1,000.00

              
	
                14-027-044
                  

              	
                O

              	
                APAC-Southeast,
                  Inc. 

              	
                Huntsvill

              	
                30-May-06

              	
                Weighmaster's
                  Bond 

              	
                Alabama
                  Department of Agriculture & Industries 

              	
                $1,000.00

              
	
                14-030-049
                  

              	
                O

              	
                APAC-Southeast,
                  Inc. 

              	
                Birminghm

              	
                26-May-06

              	
                Weighmaster's
                  Bond 

              	
                Alabama
                  Department of Agriculture & Industries 

              	
                $1,000.00

              
	
                14-026-644
                  

              	
                O

              	
                APAC-Alabama,
                  Inc. 

              	
                Huntsvill

              	
                23-Jun-06

              	
                Weighmaster's
                  Bond 

              	
                Alabama
                  Department of Agriculture & Industries 

              	
                $1,000.00

              
	
                14-026-640
                  

              	
                O

              	
                APAC-Southeast,
                  Inc. 

              	
                Birminghm

              	
                27-May-06

              	
                Weighmaster's
                  Bond 

              	
                Alabama
                  Department of Agriculture & Industries 

              	
                $1,000.00

              
	
                14-027-010
                  

              	
                O

              	
                APAC-Alabama,
                  Inc. 

              	
                Montgmry
                  

              	
                21-May-06

              	
                Weighmaster's
                  Bond 

              	
                Alabama
                  Department of Agriculture & Industries 

              	
                $1,000.00

              
	
                14-027-043
                  

              	
                O

              	
                APAC-Southeast,
                  Inc. 

              	
                Huntsvill

              	
                30-May-06

              	
                Weighmaster's
                  Bond 

              	
                Alabama
                  Department of Agriculture & Industries 

              	
                $1,000.00

              
	
                14-027-041
                  

              	
                O

              	
                APAC-Southeast,
                  Inc. 

              	
                Andalusia

              	
                10-Apr-06

              	
                Weighmaster's
                  Bond 

              	
                Alabama
                  Department of Agriculture & Industries 

              	
                $1,000.00

              
	
                14-028-681
                  

              	
                O

              	
                APAC-Southeast,
                  Inc. 

              	
                Birminghm

              	
                12-Apr-06

              	
                Weighmaster's
                  Bond 

              	
                Alabama
                  Department of Agriculture & Industries 

              	
                $1,000.00

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      ALL
        OPEN APAC SURETY BONDS

      AS
        OF AUGUST 16, 2006

      
        
          	
                  Bond
                    Number

                	
                  Open/Final

                	
                  Principal

                	
                  Location

                	
                  Executed

                	
                  Classification

                	
                  Obligee

                	
                  Bond
                    Amount

                
	
                  14-028-682
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Anniston
                    

                	
                  13-Apr-06

                	
                  Weighmaster's
                    Bond 

                	
                  Alabama
                    Department of Agriculture & Industries 

                	
                  $1,000.00

                
	
                  14-027-036
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Dothan
                    

                	
                  10-Apr-06

                	
                  Weighmaster's
                    Bond 

                	
                  Alabama
                    Department of Agriculture & Industries 

                	
                  $1,000.00

                
	
                  14-027-039
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Andalusia

                	
                  10-Apr-06

                	
                  Weighmaster's
                    Bond 

                	
                  Alabama
                    Department of Agriculture & Industries 

                	
                  $1,000.00

                
	
                  14-027-040
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Andalusia

                	
                  10-Apr-06

                	
                  Weighmaster's
                    Bond 

                	
                  Alabama
                    Department of Agriculture & Industries 

                	
                  $1,000.00

                
	
                  14-027-033
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Dothan
                    

                	
                  10-Apr-06

                	
                  Weighmaster's
                    Bond 

                	
                  Alabama
                    Department of Agriculture & Industries 

                	
                  $1,000.00

                
	
                  14-027-034
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Dothan
                    

                	
                  10-Apr-06

                	
                  Weighmaster's
                    Bond 

                	
                  Alabama
                    Department of Agriculture & Industries 

                	
                  $1,000.00

                
	
                  14-027-035
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Dothan
                    

                	
                  10-Apr-06

                	
                  Weighmaster's
                    Bond 

                	
                  Alabama
                    Department of Agriculture & Industries 

                	
                  $1,000.00

                
	
                  14-026-892
                    

                	
                  O

                	
                  APAC-Mississippi,
                    Inc. 

                	
                  Columbus
                    

                	
                  07-Apr-06

                	
                  Weighmaster's
                    Bond 

                	
                  Alabama
                    Department of Agriculture & Industries 

                	
                  $1,000.00

                
	
                  14-026-930
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Dothan
                    

                	
                  10-Apr-06

                	
                  Weighmaster's
                    Bond 

                	
                  Alabama
                    Department of Agriculture & Industries 

                	
                  $1,000.00

                
	
                  14-027-032
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Dothan
                    

                	
                  10-Apr-06

                	
                  Weighmaster's
                    Bond 

                	
                  Alabama
                    Department of Agriculture & Industries 

                	
                  $1,000.00

                
	
                  14-026-836
                    

                	
                  O

                	
                  APAC-Alabama,
                    Inc. 

                	
                  Birminghm

                	
                  16-Apr-06

                	
                  Weighmaster's
                    Bond 

                	
                  Alabama
                    Department of Agriculture & Industries 

                	
                  $1,000.00

                
	
                  14-026-837
                    

                	
                  O

                	
                  APAC-Alabama,
                    Inc. 

                	
                  Anniston
                    

                	
                  17-Apr-06

                	
                  Weighmaster's
                    Bond 

                	
                  Alabama
                    Department of Agriculture & Industries 

                	
                  $1,000.00

                
	
                  14-026-838
                    

                	
                  O

                	
                  APAC-Alabama,
                    Inc. 

                	
                  Anniston
                    

                	
                  24-Apr-06

                	
                  Weighmaster's
                    Bond 

                	
                  Alabama
                    Department of Agriculture & Industries 

                	
                  $1,000.00

                
	
                  14-028-669
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Birminghm

                	
                  18-Mar-06

                	
                  Weighmaster's
                    Bond 

                	
                  Alabama
                    Department of Agriculture & Industries 

                	
                  $1,000.00

                
	
                  14-037-449
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Birminghm

                	
                  06-Feb-06

                	
                  Weighmaster's
                    Bond 

                	
                  Alabama
                    Department of Agriculture & Industries 

                	
                  $1,000.00

                
	
                  14-026-834
                    

                	
                  O

                	
                  APAC-Alabama,
                    Inc. 

                	
                  Birminghm

                	
                  06-Apr-06

                	
                  Weighmaster's
                    Bond 

                	
                  Alabama
                    Department of Agriculture & Industries 

                	
                  $1,000.00

                
	
                  14-026-903
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Birminghm

                	
                  18-Dec-05

                	
                  Weighmaster's
                    Bond 

                	
                  Alabama
                    Department of Agriculture & Industries 

                	
                  $1,000.00

                
	
                  14-028-699
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Montgmry
                    

                	
                  29-Jan-06

                	
                  Weighmaster's
                    Bond 

                	
                  Alabama
                    Department of Agriculture & Industries 

                	
                  $1,000.00

                
	
                  14-029-624
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Birminghm

                	
                  20-Jan-06

                	
                  Weighmaster's
                    Bond 

                	
                  Alabama
                    Department of Agriculture & Industries 

                	
                  $1,000.00

                
	
                  14-029-024
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Huntsvill

                	
                  07-Nov-05

                	
                  Weighmaster's
                    Bond 

                	
                  Alabama
                    Department of Agriculture & Industries 

                	
                  $1,000.00

                
	
                  14-028-666
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Birminghm

                	
                  02-Feb-04

                	
                  New
                    Construction 

                	
                  Alabama
                    DOT
                    

                	
                  $26,798,852.13

                
	
                  14-000-010-0752
                    

                	
                  O

                	
                  APAC-Alabama,
                    Inc. 

                	
                  Huntsvill

                	
                  19-Sep-00

                	
                  New
                    Construction 

                	
                  Alabama
                    DOT
                    

                	
                  $18,258,982.91

                
	
                  14-000-010-0095
                    

                	
                  O

                	
                  APAC-Alabama,
                    Inc. 

                	
                  Birminghm

                	
                  22-Mar-02

                	
                  New
                    Construction 

                	
                  Alabama
                    DOT
                    

                	
                  $18,115,535.06

                
	
                  14-026-702
                    

                	
                  O

                	
                  APAC-Southeast
                    & McInnis J/V 

                	
                  Birminghm

                	
                  08-Sep-04

                	
                  New
                    Construction 

                	
                  Alabama
                    DOT
                    

                	
                  $17,970,112.98

                
	
                  14-030-056
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Andalusia

                	
                  10-Jun-05

                	
                  Resurfacing
                    

                	
                  Alabama
                    DOT
                    

                	
                  $17,774,155.39

                
	
                  14-037-477
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Andalusia

                	
                  24-May-06

                	
                  Resurfacing
                    

                	
                  Alabama
                    DOT
                    

                	
                  $17,717,679.82

                
	
                  14-026-682
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Birminghm

                	
                  06-May-03

                	
                  New
                    Construction 

                	
                  Alabama
                    DOT
                    

                	
                  $14,836,175.99

                
	
                  14-037-479
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Birminghm

                	
                  24-May-06

                	
                  Resurfacing
                    

                	
                  Alabama
                    DOT
                    

                	
                  $13,415,808.89

                
	
                  14-000-010-0099
                    

                	
                  O

                	
                  APAC-Alabama,
                    Inc. 

                	
                  Birminghm

                	
                  30-Jul-02

                	
                  New
                    Construction 

                	
                  Alabama
                    DOT
                    

                	
                  $11,658,046.69

                
	
                  14-026-896
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Huntsvill

                	
                  18-Sep-03

                	
                  New
                    Construction 

                	
                  Alabama
                    DOT
                    

                	
                  $11,651,499.11

                
	
                  14-026-637
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Birminghm

                	
                  09-May-03

                	
                  New
                    Construction 

                	
                  Alabama
                    DOT
                    

                	
                  $11,529,338.23

                
	
                  14-000-010-0789
                    

                	
                  O

                	
                  APAC-Alabama,
                    Inc. 

                	
                  Anniston
                    

                	
                  07-Aug-01

                	
                  New
                    Construction 

                	
                  Alabama
                    DOT
                    

                	
                  $10,529,621.26

                
	
                  14-037-466
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Dothan
                    

                	
                  27-Apr-06

                	
                  New
                    Construction 

                	
                  Alabama
                    DOT
                    

                	
                  $10,446,909.59

                
	
                  14-030-026
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Birminghm

                	
                  23-Mar-05

                	
                  New
                    Construction 

                	
                  Alabama
                    DOT
                    

                	
                  $10,144,885.73

                
	
                  14-000-010-0811
                    

                	
                  O

                	
                  APAC-Alabama,
                    Inc. 

                	
                  Huntsvill

                	
                  26-Apr-02

                	
                  New
                    Construction 

                	
                  Alabama
                    DOT
                    

                	
                  $9,856,428.54

                

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      
        ALL
          OPEN APAC SURETY BONDS

        AS
          OF AUGUST 16, 2006

      

      
        
          
            	Bond
                    Number	Open/Final 	Principal	Location	Executed	Classification	Obligee 	
                    Bond
                      Amount 

                  
	
                    14-030-051
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    27-May-05

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $9,296,157.81

                  
	
                    14-030-058
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Dothan
                      

                  	
                    13-Jun-05

                  	
                    New
                      Construction 

                  	
                    Alabama
                      DOT
                      

                  	
                    $8,835,474.25

                  
	
                    14-037-453
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Birminghm

                  	
                    03-Mar-06

                  	
                    New
                      Construction 

                  	
                    Alabama
                      DOT
                      

                  	
                    $6,680,543.73

                  
	
                    14-028-680
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Birminghm

                  	
                    19-Mar-04

                  	
                    New
                      Construction 

                  	
                    Alabama
                      DOT
                      

                  	
                    $5,604,747.84

                  
	
                    14-037-478
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    24-May-06

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $3,531,691.49

                  
	
                    14-037-455
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    15-Mar-06

                  	
                    New
                      Construction 

                  	
                    Alabama
                      DOT
                      

                  	
                    $3,432,430.08

                  
	
                    14-037-464
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Dothan
                      

                  	
                    26-Apr-06

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $3,394,599.20

                  
	
                    14-030-578
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    30-Nov-05

                  	
                    New
                      Construction 

                  	
                    Alabama
                      DOT
                      

                  	
                    $3,194,276.77

                  
	
                    14-029-396
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    09-Jul-04

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $2,639,612.80

                  
	
                    14-029-374
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    17-Jun-04

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $2,605,521.34

                  
	
                    14-030-036
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Montgmry
                      

                  	
                    19-Apr-05

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $2,489,399.50

                  
	
                    14-030-038
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    27-Apr-05

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $2,372,836.08

                  
	
                    14-026-699
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Birminghm

                  	
                    30-Aug-04

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $2,333,628.71

                  
	
                    14-037-450
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Birminghm

                  	
                    07-Feb-06

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $2,081,989.05

                  
	
                    14-030-050
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Birminghm

                  	
                    27-May-05

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $1,852,159.76

                  
	
                    14-029-034
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Montgmry
                      

                  	
                    14-Apr-04

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $1,850,075.53

                  
	
                    14-037-488
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Birminghm

                  	
                    14-Jun-06

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $1,839,770.22

                  
	
                    14-037-473
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Montgmry
                      

                  	
                    16-May-06

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $1,837,189.30

                  
	
                    14-029-404
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    15-Sep-04

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $1,780,852.98

                  
	
                    14-030-042
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Andalusia

                  	
                    13-May-05

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $1,778,924.55

                  
	
                    14-029-599
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Fortson
                      

                  	
                    23-Aug-04

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $1,728,910.69

                  
	
                    14-029-637
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    25-Feb-05

                  	
                    New
                      Construction 

                  	
                    Alabama
                      DOT
                      

                  	
                    $1,637,850.99

                  
	
                    14-030-041
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Andalusia

                  	
                    13-May-05

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $1,497,105.97

                  
	
                    14-026-676
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Fortson
                      

                  	
                    21-May-03

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $1,417,781.60

                  
	
                    14-030-396
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Birminghm

                  	
                    12-May-06

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $1,373,926.70

                  
	
                    14-030-057
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Montgmry
                      

                  	
                    10-Jun-05

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $1,368,273.65

                  
	
                    14-000-010-0821
                      

                  	
                    O

                  	
                    APAC-Alabama,
                      Inc. 

                  	
                    Birminghm

                  	
                    16-Jul-02

                  	
                    New
                      Construction 

                  	
                    Alabama
                      DOT
                      

                  	
                    $1,326,433.32

                  
	
                    14-037-475
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    16-May-06

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $1,315,008.14

                  
	
                    14-000-010-0817
                      

                  	
                    O

                  	
                    APAC-Alabama,
                      Inc. 

                  	
                    Huntsvill

                  	
                    13-Jun-02

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $1,290,653.94

                  
	
                    14-026-688
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Birminghm

                  	
                    26-Aug-03

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $1,203,396.06

                  
	
                    14-030-021
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Dothan
                      

                  	
                    13-Mar-05

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $1,198,037.10

                  
	
                    14-000-010-0823
                      

                  	
                    O

                  	
                    APAC-Alabama,
                      Inc. 

                  	
                    Huntsvill

                  	
                    29-Jul-02

                  	
                    New
                      Construction 

                  	
                    Alabama
                      DOT
                      

                  	
                    $1,159,796.57

                  
	
                    14-029-631
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    02-Feb-05

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $1,072,106.24

                  
	
                    14-037-474
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    16-May-06

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $1,064,375.28

                  
	
                    14-030-397
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Birminghm

                  	
                    12-May-06

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $1,062,338.99

                  

          

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      
        
          ALL
            OPEN APAC SURETY BONDS

          AS
            OF AUGUST 16, 2006

        

      

      
        
          
            	Bond
                    Number	Open/Final 	Principal	Location	Executed	Classification	Obligee	
                    Bond
                      Amount

                  
	
                    14-037-476
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Birminghm

                  	
                    11-May-06

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $1,057,505.94

                  
	
                    14-037-471
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    16-May-06

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $1,044,485.47

                  
	
                    14-027-027
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Montgmry
                      

                  	
                    26-Nov-03

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $1,039,235.86

                  
	
                    14-030-583
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Montgmry
                      

                  	
                    03-Jan-06

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $864,342.20

                  
	
                    14-037-456
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Montgmry
                      

                  	
                    17-Mar-06

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $855,131.50

                  
	
                    14-037-446
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Andalusia

                  	
                    02-Feb-06

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $841,261.30

                  
	
                    14-037-448
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Birminghm

                  	
                    03-Feb-06

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $782,953.00

                  
	
                    14-037-487
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Birminghm

                  	
                    14-Jun-06

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $778,170.60

                  
	
                    14-037-480
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Dothan
                      

                  	
                    25-May-06

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $775,408.39

                  
	
                    14-037-457
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    20-Mar-06

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $732,763.58

                  
	
                    14-037-470
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Montgmry
                      

                  	
                    18-May-06

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $528,972.24

                  
	
                    14-037-472
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    16-May-06

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $494,885.65

                  
	
                    14-030-582
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Dothan
                      

                  	
                    20-Dec-05

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $484,611.58

                  
	
                    14-037-463
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Dothan
                      

                  	
                    19-Apr-06

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $461,288.50

                  
	
                    14-037-465
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    27-Apr-06

                  	
                    Resurfacing
                      

                  	
                    Alabama
                      DOT
                      

                  	
                    $156,171.27

                  
	
                    14-028-455
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Columbus
                      

                  	
                    15-Apr-06

                  	
                    Utility
                      Deposit 

                  	
                    Alcorn
                      County
                      Electric Power Association 

                  	
                    $12,000.00

                  
	
                    14-030-159
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    15-Nov-05

                  	
                    Resurfacing
                      

                  	
                    Alcorn
                      County
                      Supervisors, Mississippi 

                  	
                    $99,247.50

                  
	
                    14-000-045-0274
                      

                  	
                    O

                  	
                    Shawnee
                      Division 

                  	
                    Shawnee
                      

                  	
                    17-Jul-02

                  	
                    Resurfacing
                      

                  	
                    Allen
                      Contracting, Inc. (Oklahoma) 

                  	
                    $1,262,635.75

                  
	
                    14-037-143
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Danville
                      

                  	
                    19-Oct-05

                  	
                    Resurfacing
                      

                  	
                    Alliant
                      Ammunition & Powder Company 

                  	
                    $205,285.00

                  
	
                    14-000-020-0848
                      

                  	
                    O

                  	
                    APAC-Florida,
                      Inc. 

                  	
                    Jacksonvl

                  	
                    21-May-02

                  	
                    New
                      Construction 

                  	
                    AMEC
                      Civil,
                      LLC 

                  	
                    $2,426,633.13

                  
	
                    14-028-401
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Manassas
                      

                  	
                    08-Jan-04

                  	
                    New
                      Construction 

                  	
                    Archer
                      Western
                      Contractors Ltd. 

                  	
                    $6,299,267.13

                  
	
                    14-026-310
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Tulsa
                      

                  	
                    08-Apr-06

                  	
                    Contractor's
                      License/Tax 

                  	
                    Arkansas
                      Contractors Licensing Board 

                  	
                    $10,000.00

                  
	
                    14-028-886
                      

                  	
                    O

                  	
                    Texas
                      Bitulithic 

                  	
                    Dallas
                      

                  	
                    18-Jun-06

                  	
                    Contractor's
                      License/Tax 

                  	
                    Arkansas
                      Contractors Licensing Board 

                  	
                    $10,000.00

                  
	
                    14-028-873
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Greenv'l
                      

                  	
                    19-Mar-05

                  	
                    Contractor's
                      License/Tax 

                  	
                    Arkansas
                      Contractors Licensing Board 

                  	
                    $10,000.00

                  
	
                    14-028-876
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Green,
                      MS

                  	
                    18-Mar-05

                  	
                    Contractor's
                      License/Tax 

                  	
                    Arkansas
                      Contractors Licensing Board 

                  	
                    $10,000.00

                  
	
                    14-025-924
                      

                  	
                    O

                  	
                    McClinton-Anchor
                      

                  	
                    Fayett-AR

                  	
                    31-Aug-05

                  	
                    Reclamation
                      

                  	
                    Arkansas
                      Department of Environmental Quality 

                  	
                    $200,000.00

                  
	
                    14-025-949
                      

                  	
                    O

                  	
                    McClinton-Anchor
                      

                  	
                    Fayett-AR

                  	
                    07-Jan-06

                  	
                    Closure
                      Performance 

                  	
                    Arkansas
                      Department of Environmental Quality 

                  	
                    $7,500.00

                  
	
                    14-000-015-0393
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Memphis
                      

                  	
                    20-Jun-02

                  	
                    New
                      Construction 

                  	
                    Arkansas
                      State
                      Highway Commmission 

                  	
                    $45,176,798.55

                  
	
                    14-000-015-0429
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Memphis
                      

                  	
                    18-Oct-00

                  	
                    New
                      Construction 

                  	
                    Arkansas
                      State
                      Highway Commmission 

                  	
                    $22,902,828.80

                  
	
                    14-000-015-0446
                      

                  	
                    O

                  	
                    APAC-Georgia,
                      Inc. 

                  	
                    Greenv'l
                      

                  	
                    16-Mar-01

                  	
                    New
                      Construction 

                  	
                    Arkansas
                      State
                      Highway Commmission 

                  	
                    $18,868,754.41

                  
	
                    14-028-872
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Memphis
                      

                  	
                    08-Feb-05

                  	
                    New
                      Construction 

                  	
                    Arkansas
                      State
                      Highway Commmission 

                  	
                    $16,879,760.99

                  
	
                    14-030-704
                      

                  	
                    O

                  	
                    McClinton-Anchor
                      

                  	
                    Fayett-AR

                  	
                    27-Apr-06

                  	
                    New
                      Construction 

                  	
                    Arkansas
                      State
                      Highway Commmission 

                  	
                    $14,060,426.25

                  
	
                    14-028-867
                      

                  	
                    O

                  	
                    McClinton-Anchor
                      

                  	
                    Fayett-AR

                  	
                    28-Oct-04

                  	
                    New
                      Construction 

                  	
                    Arkansas
                      State
                      Highway Commmission 

                  	
                    $13,986,542.54

                  
	
                    14-028-877
                      

                  	
                    O

                  	
                    McClinton-Anchor
                      

                  	
                    Fayett-AR

                  	
                    11-Mar-05

                  	
                    New
                      Construction 

                  	
                    Arkansas
                      State
                      Highway Commmission 

                  	
                    $11,178,978.85

                  
	
                    14-000-015-0465
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Memphis
                      

                  	
                    20-Nov-02

                  	
                    New
                      Construction 

                  	
                    Arkansas
                      State
                      Highway Commmission 

                  	
                    $11,075,809.30

                  

          

          
             

          

        

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      
        ALL
          OPEN APAC SURETY BONDS

        AS
          OF AUGUST 16, 2006

      

      
        
          	
                  Bond
                    Number

                	
                  Open/Final

                	
                  Principal

                	
                  Location

                	
                  Executed

                	
                  Classification

                	
                  Obligee

                	
                  Bond
                    Amount

                
	
                  14-029-657
                    

                	
                  O

                	
                  APAC-Texas,
                    Inc. 

                	
                  Brashear
                    

                	
                  08-Jun-05

                	
                  New
                    Construction 

                	
                  Arkansas
                    State
                    Highway Commmission 

                	
                  $9,985,654.79

                
	
                  14-025-916
                    

                	
                  O

                	
                  APAC-Tennessee,
                    Inc. 

                	
                  Memphis
                    

                	
                  20-Jun-03

                	
                  New
                    Construction 

                	
                  Arkansas
                    State
                    Highway Commmission 

                	
                  $9,760,013.24

                
	
                  14-028-845
                    

                	
                  O

                	
                  APAC-Tennessee,
                    Inc. 

                	
                  Memphis
                    

                	
                  23-Mar-04

                	
                  New
                    Construction 

                	
                  Arkansas
                    State
                    Highway Commmission 

                	
                  $8,992,991.97

                
	
                  14-025-946
                    

                	
                  O

                	
                  McClinton-Anchor
                    

                	
                  Fayett-AR

                	
                  14-Nov-03

                	
                  New
                    Construction 

                	
                  Arkansas
                    State
                    Highway Commmission 

                	
                  $8,466,798.14

                
	
                  14-028-847
                    

                	
                  O

                	
                  APAC-Tennessee,
                    Inc. 

                	
                  Memphis
                    

                	
                  29-Mar-04

                	
                  New
                    Construction 

                	
                  Arkansas
                    State
                    Highway Commmission 

                	
                  $8,351,039.48

                
	
                  14-028-848
                    

                	
                  O

                	
                  APAC-Tennessee,
                    Inc. 

                	
                  Memphis
                    

                	
                  29-Mar-04

                	
                  New
                    Construction 

                	
                  Arkansas
                    State
                    Highway Commmission 

                	
                  $6,786,505.31

                
	
                  14-029-644
                    

                	
                  O

                	
                  APAC-Texas,
                    Inc. 

                	
                  Brashear
                    

                	
                  05-Nov-04

                	
                  New
                    Construction 

                	
                  Arkansas
                    State
                    Highway Commmission 

                	
                  $5,157,193.82

                
	
                  14-030-322
                    

                	
                  O

                	
                  McClinton-Anchor
                    

                	
                  Fayett-AR

                	
                  06-Jul-05

                	
                  New
                    Construction 

                	
                  Arkansas
                    State
                    Highway Commmission 

                	
                  $4,666,947.78

                
	
                  14-028-884
                    

                	
                  O

                	
                  APAC-Tennessee,
                    Inc. 

                	
                  Memphis
                    

                	
                  16-May-05

                	
                  New
                    Construction 

                	
                  Arkansas
                    State
                    Highway Commmission 

                	
                  $4,481,120.13

                
	
                  14-030-323
                    

                	
                  O

                	
                  McClinton-Anchor
                    

                	
                  Fayett-AR

                	
                  11-Jul-05

                	
                  New
                    Construction 

                	
                  Arkansas
                    State
                    Highway Commmission 

                	
                  $3,959,776.34

                
	
                  14-028-902
                    

                	
                  O

                	
                  APAC-Texas,
                    Inc. 

                	
                  Brashear
                    

                	
                  06-Jul-04

                	
                  New
                    Construction 

                	
                  Arkansas
                    State
                    Highway Commmission 

                	
                  $3,465,557.28

                
	
                  14-030-325
                    

                	
                  O

                	
                  APAC-Tennessee,
                    Inc. 

                	
                  Memphis
                    

                	
                  15-Jul-05

                	
                  New
                    Construction 

                	
                  Arkansas
                    State
                    Highway Commmission 

                	
                  $1,298,165.52

                
	
                  14-037-536
                    

                	
                  O

                	
                  APAC-Missouri,
                    Inc. 

                	
                  Springfld

                	
                  07-Jun-06

                	
                  Resurfacing
                    

                	
                  Arkansas
                    State
                    Highway Commmission 

                	
                  $263,437.87

                
	
                  14-030-708
                    

                	
                  O

                	
                  McClinton-Anchor
                    

                	
                  Fayett-AR

                	
                  02-Jun-06

                	
                  Resurfacing
                    

                	
                  Arkansas
                    State
                    Highway Commmission 

                	
                  $206,467.60

                
	
                  14-037-535
                    

                	
                  O

                	
                  APAC-Missouri,
                    Inc. 

                	
                  Springfld

                	
                  07-Jun-06

                	
                  Resurfacing
                    

                	
                  Arkansas
                    State
                    Highway Commmission 

                	
                  $92,526.26

                
	
                  14-030-700
                    

                	
                  O

                	
                  APAC-Tennessee,
                    Inc. 

                	
                  Memphis
                    

                	
                  07-Mar-06

                	
                  Payment
                    Bond
                    

                	
                  Arkansas
                    State
                    Highway Commmission 

                	
                  $83,013.25

                
	
                  14-025-912
                    

                	
                  O

                	
                  APAC-Tennessee,
                    Inc. 

                	
                  Memphis
                    

                	
                  01-Jul-06

                	
                  Annual
                    Bid/Supply/Performance 

                	
                  Arkansas
                    State
                    Highway Commmission 

                	
                  $35,000.00

                
	
                  14-025-914
                    

                	
                  O

                	
                  APAC-Arkansas,
                    Inc. 

                	
                  Fayett-AR

                	
                  30-Jun-06

                	
                  Annual
                    Bid/Supply/Performance 

                	
                  Arkansas
                    State
                    Highway Commmission 

                	
                  $30,000.00

                
	
                  14-025-913
                    

                	
                  O

                	
                  APAC-Arkansas,
                    Inc. 

                	
                  Ft
                    Smith
                    

                	
                  30-Jun-06

                	
                  Annual
                    Bid/Supply/Performance 

                	
                  Arkansas
                    State
                    Highway Commmission 

                	
                  $25,000.00

                
	
                  14-025-907
                    

                	
                  O

                	
                  APAC-Arkansas,
                    Inc. 

                	
                  Fayett-AR

                	
                  11-Jun-06

                	
                  Highway
                    Use/Excess Weight 

                	
                  Arkansas
                    State
                    Highway Commmission 

                	
                  $20,000.00

                
	
                  14-030-173
                    

                	
                  O

                	
                  APAC-Mississippi,
                    Inc. 

                	
                  Jackson
                    

                	
                  11-Apr-06

                	
                  Supply
                    Bond
                    

                	
                  Arkansas
                    State
                    Highway Commmission 

                	
                  $5,000.00

                
	
                  14-030-642
                    

                	
                  O

                	
                  APAC-Texas,
                    Inc. 

                	
                  Brashear
                    

                	
                  21-Mar-06

                	
                  Supply
                    Bond
                    

                	
                  Arkansas
                    State
                    Highway Commmission 

                	
                  $5,000.00

                
	
                  14-029-664
                    

                	
                  O

                	
                  Buster
                    Paving
                    Div., APAC-Texas

                	
                  Brashear
                    

                	
                  12-Oct-05

                	
                  Supply
                    Bond
                    

                	
                  Arkansas
                    State
                    Highway Commmission 

                	
                  $5,000.00

                
	
                  14-025-925
                    

                	
                  O

                	
                  APAC-Tennessee,
                    Inc. 

                	
                  Memphis
                    

                	
                  26-Aug-04

                	
                  Highway
                    Use/Excess Weight 

                	
                  Arkansas
                    State
                    Highway Commmission 

                	
                  $5,000.00

                
	
                  14-025-939
                    

                	
                  O

                	
                  APAC-Arkansas,
                    Inc. 

                	
                  Fayett-AR

                	
                  03-Nov-05

                	
                  Highway
                    Use/Excess Weight 

                	
                  Arkansas
                    State
                    Highway Commmission 

                	
                  $2,000.00

                
	
                  14-029-646
                    

                	
                  O

                	
                  Buster
                    Paving
                    Div., APAC-Texas

                	
                  Brashear
                    

                	
                  08-Feb-06

                	
                  Highway
                    Use/Excess Weight 

                	
                  Arkansas
                    State
                    Highway Commmission 

                	
                  $2,000.00

                
	
                  14-025-900
                    

                	
                  O

                	
                  APAC-Mississippi,
                    Inc. 

                	
                  Jackson
                    

                	
                  02-Oct-05

                	
                  Highway
                    Use/Excess Weight 

                	
                  Arkansas
                    State
                    Highway Commmission 

                	
                  $1,000.00

                
	
                  14-000-040-1423
                    

                	
                  O

                	
                  APAC-Carolina,
                    Inc. (NC) 

                	
                  Asheville

                	
                  01-Nov-01

                	
                  Resurfacing
                    

                	
                  Asheville-Buncombe
                    County Water Authority 

                	
                  $1,116,550.00

                
	
                  14-026-417
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Augusta
                    

                	
                  18-Aug-04

                	
                  New
                    Construction 

                	
                  Augusta
                    Aviation Commission, Georgia 

                	
                  $1,888,041.90

                
	
                  14-026-420
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Augusta
                    

                	
                  02-Sep-04

                	
                  Resurfacing
                    

                	
                  Augusta
                    Aviation Commission, Georgia 

                	
                  $1,252,887.00

                
	
                  14-030-266
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Augusta
                    

                	
                  25-Jul-06

                	
                  License
&
                    Permit 

                	
                  Augusta-Richmond
                    County Commission, Georgia 

                	
                  $20,000.00

                
	
                  14-026-413
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Augusta
                    

                	
                  31-Dec-05

                	
                  Contractor's
                    License/Tax 

                	
                  Augusta-Richmond
                    County Commission, Georgia 

                	
                  $1,000.00

                
	
                  14-030-172
                    

                	
                  O

                	
                  APAC-Mississippi,
                    Inc. 

                	
                  Jackson
                    

                	
                  28-Mar-06

                	
                  Resurfacing
                    

                	
                  Austin
                    Bridge
                    & Road, LP 

                	
                  $1,705,422.79

                
	
                  14-030-302
                    

                	
                  O

                	
                  APAC-Atlantic,
                    Inc. 

                	
                  Asheville

                	
                  06-Dec-05

                	
                  Resurfacing
                    

                	
                  Beam
                    Construction Company, Inc. (North Carolina) 

                	
                  $1,063,063.90

                
	
                  14-026-458
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Savannah
                    

                	
                  15-Jul-05

                	
                  New
                    Construction 

                	
                  Beaufort
                    County, South Carolina 

                	
                  $4,090,025.81

                

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      
        ALL
          OPEN APAC SURETY BONDS

        AS
          OF AUGUST 16, 2006

      

      
        
          	Bond
                  Number	Open/Final	Principal	Location	Executed	Classification	Obligee	
                  Bond
                    Amount

                
	
                  14-028-807
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Mac
                    Div
                    

                	
                  10-Apr-04

                	
                  Class
                    B -
                    Excavation 

                	
                  Bell
                    Semmbler
                    II, LLC 

                	
                  $9,783,375.00

                
	
                  14-030-184
                    

                	
                  O

                	
                  APAC-Mississippi,
                    Inc. 

                	
                  Jackson
                    

                	
                  28-Jun-06

                	
                  Resurfacing
                    

                	
                  Birdsong
                    Construction Company, Inc. 

                	
                  $513,041.40

                
	
                  14-026-703
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Birminghm

                	
                  10-Jan-05

                	
                  New
                    Construction 

                	
                  Birmingham
                    Airport Authority, Alabama 

                	
                  $10,093,624.54

                
	
                  14-027-008
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Medley
                    

                	
                  22-Sep-03

                	
                  Class
                    B -
                    Excavation 

                	
                  Biscayne
                    Commons LLC & Principal Life Insurance Co

                	
                  $2,808,534.00

                
	
                  14-037-417
                    

                	
                  O

                	
                  Harrison
                    Div.,
                    APAC-Tennessee 

                	
                  Alcoa
                    

                	
                  17-May-06

                	
                  Resurfacing
                    

                	
                  Blount
                    County,
                    Tennessee 

                	
                  $500,000.00

                
	
                  14-000-050-0218
                    

                	
                  O

                	
                  APAC-Georgia,
                    Inc. 

                	
                  Greenv'l
                    

                	
                  22-Oct-02

                	
                  New
                    Construction 

                	
                  Blythe
                    Construction, Inc. 

                	
                  $9,273,776.00

                
	
                  14-000-040-1578
                    

                	
                  O

                	
                  Sandhills
                    Division 

                	
                  Kinston
                    

                	
                  30-Apr-02

                	
                  New
                    Construction 

                	
                  BMCO
                    Construction, Inc. 

                	
                  $4,688,534.83

                
	
                  14-029-231
                    

                	
                  O

                	
                  APAC-Mississippi,
                    Inc. 

                	
                  Jackson
                    

                	
                  14-Sep-04

                	
                  Resurfacing
                    

                	
                  Bolivar
                    County
                    Board of Supervisors, Mississippi 

                	
                  $1,084,142.84

                
	
                  14-037-537
                    

                	
                  O

                	
                  APAC-Missouri,
                    Inc. 

                	
                  Springfld

                	
                  07-Jun-06

                	
                  Resurfacing
                    & Maintenance 

                	
                  Boone
                    County
                    Commissioners, Missouri 

                	
                  $251,456.88

                
	
                  14-026-621
                    

                	
                  O

                	
                  APAC-Tennessee,
                    Inc. 

                	
                  Knoxville

                	
                  04-Mar-06

                	
                  Attachment/Garnishment
                    

                	
                  Bostic-Neely
                    Development Partnership 

                	
                  $5,000.00

                
	
                  14-027-021
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Medley
                    

                	
                  14-Oct-03

                	
                  New
                    Construction 

                	
                  Bovis
                    Lend
                    Lease, Inc. (Miami) 

                	
                  $1,471,233.00

                
	
                  14-037-447
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Jacksonvl

                	
                  06-Feb-06

                	
                  Resurfacing
                    

                	
                  Bradford
                    County Commission, Florida 

                	
                  $2,329,795.38

                
	
                  14-029-012
                    

                	
                  O

                	
                  APAC-Atlantic,
                    Inc. 

                	
                  Manassas
                    

                	
                  20-Sep-04

                	
                  New
                    Construction 

                	
                  Branch
                    Highways, Inc. 

                	
                  $3,245,700.25

                
	
                  14-026-618
                    

                	
                  O

                	
                  APAC-Tennessee,
                    Inc. 

                	
                  Knoxville

                	
                  02-Jul-04

                	
                  New
                    Construction 

                	
                  Brasfield
                    & Gorrie, LLC 

                	
                  $1,341,905.00

                
	
                  14-030-381
                    

                	
                  O

                	
                  Shears
                    Division, APAC-Kansas 

                	
                  Hutchinsn

                	
                  27-Oct-05

                	
                  New
                    Construction 

                	
                  Bridges,
                    Inc.
                    

                	
                  $361,716.02

                
	
                  14-038-676
                    

                	
                  O

                	
                  Shears
                    Division, APAC-Kansas 

                	
                  Hutchinsn

                	
                  07-Jun-06

                	
                  Resurfacing
                    

                	
                  Bridges,
                    Inc.
                    

                	
                  $154,240.00

                
	
                  14-028-605
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Wtr
                    Haven

                	
                  01-Apr-04

                	
                  Maintenance
                    

                	
                  Brighton
                    Lakes
                    Community Development District 

                	
                  $320,930.50

                
	
                  14-030-040
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Medley
                    

                	
                  05-May-05

                	
                  New
                    Construction 

                	
                  Broward
                    County
                    Commissioners, Florida 

                	
                  $5,903,535.02

                
	
                  14-028-795
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Peachtree

                	
                  01-Nov-04

                	
                  New
                    Construction 

                	
                  Bruce
                    Albea
                    Contracting, Inc. 

                	
                  $6,566,762.92

                
	
                  14-037-350
                    

                	
                  O

                	
                  Coastal
                    Carolina Division 

                	
                  Kinston
                    

                	
                  08-May-06

                	
                  New
                    Construction 

                	
                  Brunswick
                    County Airport Commission, NC 

                	
                  $102,208.20

                
	
                  14-030-219
                    

                	
                  O

                	
                  Shears
                    Division, APAC-Kansas 

                	
                  Salina
                    

                	
                  07-Mar-06

                	
                  Resurfacing
                    

                	
                  Bryant
&
                    Bryant Construction, Inc. (Kansas) 

                	
                  $240,899.00

                
	
                  14-029-051
                    

                	
                  O

                	
                  APAC-Tennessee,
                    Inc. 

                	
                  Memphis
                    

                	
                  13-May-05

                	
                  New
                    Construction 

                	
                  Burlington
                    Northern & Santa Fe Railway Company-TX 

                	
                  $4,306,207.90

                
	
                  14-029-043
                    

                	
                  O

                	
                  APAC-Tennessee,
                    Inc. 

                	
                  Memphis
                    

                	
                  21-Jul-04

                	
                  New
                    Construction 

                	
                  Burlington
                    Northern & Santa Fe Railway Company-TX 

                	
                  $3,159,521.00

                
	
                  14-030-453
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Mac
                    Div
                    

                	
                  05-Oct-05

                	
                  Class
                    B -
                    Excavation 

                	
                  C&S
                    Paving, Inc. 

                	
                  $193,673.46

                
	
                  14-030-562
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Birminghm

                	
                  30-Sep-05

                	
                  Resurfacing
                    

                	
                  Calhoun
                    County
                    Commission, Alabama 

                	
                  $1,500,000.00

                
	
                  14-029-499
                    

                	
                  O

                	
                  APAC-Missouri,
                    Inc. 

                	
                  Columb,MO

                	
                  14-Sep-04

                	
                  New
                    Construction 

                	
                  Camdenton
                    R-111 School District 

                	
                  $1,611,965.00

                
	
                  14-037-334
                    

                	
                  O

                	
                  Shears
                    Division, APAC-Kansas 

                	
                  Hutchinsn

                	
                  21-Feb-06

                	
                  Class
                    B -
                    Excavation 

                	
                  Camp
                    Wood YMCA
                    (Kansas) 

                	
                  $533,608.00

                
	
                  14-030-216
                    

                	
                  O

                	
                  Shears
                    Division, APAC-Kansas 

                	
                  Salina
                    

                	
                  22-Dec-05

                	
                  New
                    Construction 

                	
                  Capital
                    Contractors, Inc. 

                	
                  $76,093.30

                
	
                  14-038-704
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Peachtree

                	
                  14-Apr-06

                	
                  New
                    Construction 

                	
                  Carroll
                    Daniel
                    Construction Company 

                	
                  $228,517.00

                
	
                  14-029-911
                    

                	
                  O

                	
                  APAC-Atlantic,
                    Inc. 

                	
                  Manassas
                    

                	
                  01-Nov-05

                	
                  New
                    Construction 

                	
                  CH2M
                    Hill
                    

                	
                  $3,975,245.64

                
	
                  14-037-308
                    

                	
                  O

                	
                  APAC-Kansas,
                    Inc. 

                	
                  Hutchinsn

                	
                  28-Dec-05

                	
                  New
                    Construction 

                	
                  Chapel
                    Hill
                    Fellowship 

                	
                  $196,073.44

                
	
                  14-026-782
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Greenv'l
                    

                	
                  21-Jun-04

                	
                  New
                    Construction 

                	
                  Charles
                    Blalock & Sons, Inc. 

                	
                  $5,369,239.00

                
	
                  14-026-342
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Sarasota
                    

                	
                  20-Apr-05

                	
                  Resurfacing
                    

                	
                  Charlotte
                    County Commissioners (Florida) 

                	
                  $5,358,408.70

                
	
                  14-026-377
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Sarasota
                    

                	
                  23-Jun-05

                	
                  Resurfacing
                    

                	
                  Charlotte
                    County Commissioners (Florida) 

                	
                  $2,866,175.40

                
	
                  14-000-025-0049
                    

                	
                  O

                	
                  APAC-Georgia,
                    Inc. 

                	
                  Savannah
                    

                	
                  04-Apr-02

                	
                  New
                    Construction 

                	
                  Chatham
                    County
                    Commissioners, Georgia 

                	
                  $4,670,657.15

                

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      
        ALL
          OPEN APAC SURETY BONDS

        AS
          OF AUGUST 16, 2006

      

      
        
          	Bond
                  Number	Open/Final	Principal	Location	Executed	Classification	Obligee	
                  Bond
                    Amount

                
	
                  14-030-613
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Tampa
                    

                	
                  24-Oct-05

                	
                  New
                    Construction 

                	
                  Chugach
                    Management Services, Inc. 

                	
                  $753,072.52

                
	
                  14-030-614
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Tampa
                    

                	
                  24-Oct-05

                	
                  New
                    Construction 

                	
                  Chugach
                    Management Services, Inc. 

                	
                  $737,478.00

                
	
                  14-030-634
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Tampa
                    

                	
                  26-May-06

                	
                  New
                    Construction 

                	
                  Chugach
                    Management Services, Inc. 

                	
                  $605,126.93

                
	
                  14-030-633
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Tampa
                    

                	
                  18-May-06

                	
                  Resurfacing
                    

                	
                  Chugach
                    Management Services, Inc. 

                	
                  $237,555.83

                
	
                  14-030-631
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Tampa
                    

                	
                  16-Mar-06

                	
                  New
                    Construction 

                	
                  Chugach
                    Management Services, Inc. 

                	
                  $208,548.02

                
	
                  14-030-611
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Tampa
                    

                	
                  24-Oct-05

                	
                  Resurfacing
                    

                	
                  Chugach
                    Management Services, Inc. 

                	
                  $123,987.27

                
	
                  14-030-628
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Tampa
                    

                	
                  22-Feb-06

                	
                  Resurfacing
                    

                	
                  Chugach
                    Management Services, Inc. 

                	
                  $111,836.70

                
	
                  14-030-612
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Tampa
                    

                	
                  24-Oct-05

                	
                  New
                    Construction 

                	
                  Chugach
                    Management Services, Inc. 

                	
                  $103,803.12

                
	
                  14-030-610
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Tampa
                    

                	
                  24-Oct-05

                	
                  New
                    Construction & Maintenance

                	
                  Chugach
                    Management Services, Inc. 

                	
                  $70,685.20

                
	
                  14-026-001
                    

                	
                  O

                	
                  APAC-Oklahoma,
                    Inc. 

                	
                  Tulsa
                    

                	
                  31-Dec-05

                	
                  Contractor's
                    License/Tax 

                	
                  City
                    and
                    County of Tulsa, Oklahoma 

                	
                  $5,000.00

                
	
                  14-030-550
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Dothan
                    

                	
                  24-Aug-05

                	
                  Resurfacing
                    

                	
                  City
                    of
                    Abbeville, Alabama 

                	
                  $1,183,043.83

                
	
                  14-030-270
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Augusta
                    

                	
                  18-May-06

                	
                  Resurfacing
                    

                	
                  City
                    of Aiken,
                    South Carolina 

                	
                  $566,246.25

                
	
                  14-037-522
                    

                	
                  O

                	
                  APAC-Missouri,
                    Inc. 

                	
                  Springfld

                	
                  11-Apr-06

                	
                  Resurfacing
                    

                	
                  City
                    of Alba,
                    Missouri 

                	
                  $65,190.95

                
	
                  14-030-260
                    

                	
                  O

                	
                  Harrison
                    Div.,
                    APAC-Tennessee 

                	
                  Alcoa
                    

                	
                  08-Mar-06

                	
                  New
                    Construction 

                	
                  City
                    of Alcoa,
                    Tennessee 

                	
                  $70,743.20

                
	
                  14-038-651
                    

                	
                  O

                	
                  Shears
                    Division, APAC-Kansas 

                	
                  Hutchinsn

                	
                  09-Mar-06

                	
                  New
                    Construction 

                	
                  City
                    of
                    Andover, Kansas 

                	
                  $1,416,733.15

                
	
                  14-029-973
                    

                	
                  O

                	
                  Shears
                    Division, APAC-Kansas 

                	
                  Hutchinsn

                	
                  22-Mar-05

                	
                  New
                    Construction 

                	
                  City
                    of
                    Andover, Kansas 

                	
                  $1,321,261.98

                
	
                  14-030-379
                    

                	
                  O

                	
                  Shears
                    Division, APAC-Kansas 

                	
                  Hutchinsn

                	
                  21-Oct-05

                	
                  New
                    Construction 

                	
                  City
                    of
                    Andover, Kansas 

                	
                  $407,395.80

                
	
                  14-038-679
                    

                	
                  O

                	
                  Shears
                    Division, APAC-Kansas 

                	
                  Hutchinsn

                	
                  12-Jun-06

                	
                  New
                    Construction 

                	
                  City
                    of
                    Andover, Kansas 

                	
                  $295,832.14

                
	
                  14-037-482
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Birminghm

                	
                  05-Jun-06

                	
                  Resurfacing
                    

                	
                  City
                    of
                    Anniston, Alabama 

                	
                  $288,379.08

                
	
                  14-028-501
                    

                	
                  O

                	
                  APAC-Atlantic,
                    Inc. 

                	
                  Asheville

                	
                  09-Jan-05

                	
                  Subdivision
                    Bond 

                	
                  City
                    of
                    Asheville, North Carolina 

                	
                  $18,883.65

                
	
                  14-000-007
                    

                	
                  O

                	
                  5-R
                    Constructors, LLC 

                	
                  Mac
                    Div
                    

                	
                  11-Apr-02

                	
                  Supply
                    Bond
                    

                	
                  City
                    of
                    Atlanta, Georgia 

                	
                  $360,000,000.00

                
	
                  14-029-714
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Greenv'l
                    

                	
                  18-May-05

                	
                  New
                    Construction 

                	
                  City
                    of
                    Atlanta, Georgia 

                	
                  $14,965,077.79

                
	
                  14-025-807
                    

                	
                  O

                	
                  APAC-GA,
                    Matthews & Thrasher 

                	
                  Atlanta
                    

                	
                  02-Apr-03

                	
                  New
                    Construction 

                	
                  City
                    of
                    Atlanta, Georgia 

                	
                  $11,692,585.61

                
	
                  14-037-481
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Jacksonvl

                	
                  31-May-06

                	
                  Resurfacing
                    

                	
                  City
                    of
                    Atlantic Beach, Florida 

                	
                  $269,021.53

                
	
                  14-030-360
                    

                	
                  O

                	
                  APAC-Kansas,
                    Inc. 

                	
                  Hutchinsn

                	
                  11-Aug-05

                	
                  New
                    Construction 

                	
                  City
                    of Atwood
                    and Rawlins County, Kansas 

                	
                  $1,183,972.32

                
	
                  14-038-677
                    

                	
                  O

                	
                  Shears
                    Division, APAC-Kansas 

                	
                  Hutchinsn

                	
                  08-Jun-06

                	
                  New
                    Construction 

                	
                  City
                    of
                    Augusta, Kansas 

                	
                  $257,977.47

                
	
                  14-030-388
                    

                	
                  O

                	
                  Shears
                    Division, APAC-Kansas 

                	
                  Hutchinsn

                	
                  28-Nov-05

                	
                  New
                    Construction 

                	
                  City
                    of
                    Augusta, Kansas 

                	
                  $130,178.40

                
	
                  14-038-654
                    

                	
                  O

                	
                  Shears
                    Division, APAC-Kansas 

                	
                  Hutchinsn

                	
                  10-Mar-06

                	
                  New
                    Construction 

                	
                  City
                    of Bel
                    Aire, Kansas 

                	
                  $695,134.50

                
	
                  14-038-665
                    

                	
                  O

                	
                  Shears
                    Division, APAC-Kansas 

                	
                  Hutchinsn

                	
                  26-Apr-06

                	
                  New
                    Construction 

                	
                  City
                    of Bel
                    Aire, Kansas 

                	
                  $183,820.00

                
	
                  14-038-662
                    

                	
                  O

                	
                  Shears
                    Division, APAC-Kansas 

                	
                  Hutchinsn

                	
                  19-Apr-06

                	
                  New
                    Construction 

                	
                  City
                    of Belle
                    Plaine, Kansas 

                	
                  $72,648.50

                
	
                  14-030-382
                    

                	
                  O

                	
                  Shears
                    Division, APAC-Kansas 

                	
                  Hutchinsn

                	
                  09-Nov-05

                	
                  Class
                    B &
                    Maintenance 

                	
                  City
                    of
                    Bentley, Kansas 

                	
                  $214,644.00

                
	
                  14-030-701
                    

                	
                  O

                	
                  McClinton-Anchor
                    

                	
                  Fayett-AR

                	
                  08-Mar-06

                	
                  New
                    Construction 

                	
                  City
                    of
                    Bentonville, Arkansas 

                	
                  $3,563,637.25

                
	
                  14-030-332
                    

                	
                  O

                	
                  McClinton-Anchor
                    

                	
                  Fayett-AR

                	
                  15-Aug-05

                	
                  Maintenance
                    

                	
                  City
                    of
                    Bentonville, Arkansas 

                	
                  $81,989.55

                
	
                  14-028-871
                    

                	
                  O

                	
                  McClinton-Anchor
                    

                	
                  Fayett-AR

                	
                  24-Jan-05

                	
                  Maintenance
                    

                	
                  City
                    of
                    Bentonville, Arkansas 

                	
                  $21,000.00

                
	
                  14-026-691
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Birminghm

                	
                  10-Dec-03

                	
                  Resurfacing
                    

                	
                  City
                    of
                    Birmingham, Alabama 

                	
                  $4,399,926.40

                

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      
        
          ALL
            OPEN APAC SURETY BONDS

          AS
            OF AUGUST 16, 2006

        

      

      
        
          	Bond
                  Number	Open/Final 	Principal	Location	Executed	Classification	Obligee	
                  Bond
                    Amount

                
	
                  14-026-690
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Birminghm

                	
                  10-Dec-03

                	
                  Resurfacing
                    

                	
                  City
                    of
                    Birmingham, Alabama 

                	
                  $4,376,018.00

                
	
                  14-037-517
                    

                	
                  O

                	
                  APAC-Missouri,
                    Inc. 

                	
                  Columb,MO

                	
                  20-Mar-06

                	
                  Resurfacing
                    

                	
                  City
                    of
                    Blackburn, Missouri 

                	
                  $153,707.00

                
	
                  14-037-520
                    

                	
                  O

                	
                  APAC-Missouri,
                    Inc. 

                	
                  Columb,MO

                	
                  05-Apr-06

                	
                  Resurfacing
                    

                	
                  City
                    of
                    Brookfield, Missouri 

                	
                  $180,866.27

                
	
                  14-038-675
                    

                	
                  O

                	
                  Shears
                    Division, APAC-Kansas 

                	
                  Hutchinsn

                	
                  07-Jun-06

                	
                  Class
                    B &
                    Maintenance 

                	
                  City
                    of
                    Buhler, Kansas 

                	
                  $853,392.00

                
	
                  14-037-538
                    

                	
                  O

                	
                  APAC-Missouri,
                    Inc. 

                	
                  Columb,MO

                	
                  12-Jun-06

                	
                  Resurfacing
                    

                	
                  City
                    of
                    California, Missouri 

                	
                  $159,858.16

                
	
                  14-029-836
                    

                	
                  O

                	
                  Coastal
                    Carolina Division 

                	
                  Darlingto

                	
                  25-Apr-06

                	
                  Resurfacing
                    

                	
                  City
                    of
                    Camden, South Carolina 

                	
                  $889,399.80

                
	
                  14-026-027
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Ft
                    Myers
                    

                	
                  01-Jun-06

                	
                  New
                    Construction 

                	
                  City
                    of Cape
                    Coral, Florida 

                	
                  $3,934,298.45

                
	
                  14-026-024
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Ft
                    Myers
                    

                	
                  12-Sep-05

                	
                  New
                    Construction 

                	
                  City
                    of Cape
                    Coral, Florida 

                	
                  $2,934,936.40

                
	
                  14-030-697
                    

                	
                  O

                	
                  McClinton-Anchor
                    

                	
                  Fayett-AR

                	
                  24-Jan-06

                	
                  New
                    Construction 

                	
                  City
                    of Cave
                    Springs, Arkansas 

                	
                  $47,954.50

                
	
                  14-037-521
                    

                	
                  O

                	
                  APAC-Missouri,
                    Inc. 

                	
                  Columb,MO

                	
                  10-Apr-06

                	
                  Resurfacing
                    

                	
                  City
                    of
                    Chillicothe, Missouri 

                	
                  $205,511.25

                
	
                  14-029-337
                    

                	
                  O

                	
                  APAC-Missouri,
                    Inc. 

                	
                  Columb,MO

                	
                  21-Jul-06

                	
                  Contractor's
                    License/Tax 

                	
                  City
                    of
                    Chillicothe, Missouri 

                	
                  $1,000.00

                
	
                  14-038-663
                    

                	
                  O

                	
                  Shears
                    Division, APAC-Kansas 

                	
                  Hutchinsn

                	
                  19-Apr-06

                	
                  New
                    Construction & Maintenance

                	
                  City
                    of
                    Clearwater, Kansas 

                	
                  $151,651.75

                
	
                  14-038-504
                    

                	
                  O

                	
                  APAC-Missouri,
                    Inc. 

                	
                  Columb,MO

                	
                  13-Jul-06

                	
                  New
                    Construction 

                	
                  City
                    of
                    Columbia, Missouri 

                	
                  $599,005.00

                
	
                  14-038-505
                    

                	
                  O

                	
                  APAC-Missouri,
                    Inc. 

                	
                  Columb,MO

                	
                  13-Jul-06

                	
                  Resurfacing
                    

                	
                  City
                    of
                    Columbia, Missouri 

                	
                  $236,489.00

                
	
                  14-037-527
                    

                	
                  O

                	
                  APAC-Missouri,
                    Inc. 

                	
                  Columb,MO

                	
                  12-May-06

                	
                  Resurfacing
                    

                	
                  City
                    of
                    Columbia, Missouri 

                	
                  $47,715.00

                
	
                  14-025-872
                    

                	
                  O

                	
                  APAC-Mississippi,
                    Inc. 

                	
                  Columbus
                    

                	
                  25-Jun-06

                	
                  Contractor's
                    License/Tax 

                	
                  City
                    of
                    Columbus, Mississippi 

                	
                  $1,000.00

                
	
                  14-037-330
                    

                	
                  O

                	
                  APAC-Oklahoma,
                    Inc. 

                	
                  Tulsa
                    

                	
                  09-Mar-06

                	
                  Resurfacing
                    & Maintenance 

                	
                  City
                    of
                    Coweta, Oklahoma 

                	
                  $337,019.60

                
	
                  14-026-520
                    

                	
                  O

                	
                  Texas
                    Bitulithic 

                	
                  Dallas
                    

                	
                  01-Jan-06

                	
                  Highway
                    Use/Excess Weight 

                	
                  City
                    of
                    Dallas, Texas 

                	
                  $2,000.00

                
	
                  14-037-157
                    

                	
                  O

                	
                  APAC-Atlantic,
                    Inc. 

                	
                  Danville
                    

                	
                  28-Feb-06

                	
                  License
&
                    Permit 

                	
                  City
                    of
                    Danville, Virginia 

                	
                  $20,000.00

                
	
                  14-038-686
                    

                	
                  O

                	
                  Shears
                    Division, APAC-Kansas 

                	
                  Hutchinsn

                	
                  03-Jul-06

                	
                  New
                    Construction 

                	
                  City
                    of Dodge
                    City, Kansas 

                	
                  $1,027,190.25

                
	
                  14-038-664
                    

                	
                  O

                	
                  Shears
                    Division, APAC-Kansas 

                	
                  Hutchinsn

                	
                  19-Apr-06

                	
                  Resurfacing
                    

                	
                  City
                    of Dodge
                    City, Kansas 

                	
                  $386,117.60

                
	
                  14-038-669
                    

                	
                  O

                	
                  Shears
                    Division, APAC-Kansas 

                	
                  Hutchinsn

                	
                  10-May-06

                	
                  New
                    Construction 

                	
                  City
                    of Dodge
                    City, Kansas 

                	
                  $146,013.59

                
	
                  14-037-462
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Dothan
                    

                	
                  24-Apr-06

                	
                  Resurfacing
                    

                	
                  City
                    of
                    Dothan, Alabama 

                	
                  $505,385.00

                
	
                  14-027-025
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Dothan
                    

                	
                  29-Oct-05

                	
                  Contractor's
                    License/Tax 

                	
                  City
                    of
                    Dothan, Alabama 

                	
                  $10,000.00

                
	
                  14-028-905
                    

                	
                  O

                	
                  APAC-Texas,
                    Inc. 

                	
                  Brashear
                    

                	
                  12-Jul-04

                	
                  New
                    Construction & Maintenance

                	
                  City
                    of East
                    Tawakoni, Texas 

                	
                  $786,975.40

                
	
                  14-037-162
                    

                	
                  O

                	
                  APAC-Atlantic,
                    Inc. 

                	
                  Greensbor

                	
                  28-Apr-06

                	
                  Resurfacing
                    

                	
                  City
                    of Eden,
                    North Carolina 

                	
                  $546,557.90

                
	
                  14-038-656
                    

                	
                  O

                	
                  APAC-Kansas,
                    Inc. 

                	
                  Hutchinsn

                	
                  10-Mar-06

                	
                  Resurfacing
                    

                	
                  City
                    of El
                    Dorado, Kansas 

                	
                  $383,496.70

                
	
                  14-038-655
                    

                	
                  O

                	
                  APAC-Kansas,
                    Inc. 

                	
                  Hutchinsn

                	
                  10-Mar-06

                	
                  Resurfacing
                    

                	
                  City
                    of El
                    Dorado, Kansas 

                	
                  $110,472.77

                
	
                  14-037-329
                    

                	
                  O

                	
                  Shears
                    Division, APAC-Kansas 

                	
                  Hutchinsn

                	
                  06-Feb-06

                	
                  Resurfacing
                    & Maintenance 

                	
                  City
                    of
                    Emporia, Kansas 

                	
                  $200,041.80

                
	
                  14-037-302
                    

                	
                  O

                	
                  Shears
                    Division, APAC-Kansas 

                	
                  Hutchinsn

                	
                  01-Dec-05

                	
                  Contractor's
                    License/Tax 

                	
                  City
                    of
                    Emporia, Kansas 

                	
                  $5,000.00

                
	
                  14-030-694
                    

                	
                  O

                	
                  McClinton-Anchor
                    

                	
                  Fayett-AR

                	
                  04-Jan-06

                	
                  Maintenance
                    

                	
                  City
                    of
                    Fayetteville, Arkansas 

                	
                  $49,015.00

                
	
                  14-037-358
                    

                	
                  O

                	
                  Coastal
                    Carolina Division 

                	
                  Kinston
                    

                	
                  29-Jun-06

                	
                  New
                    Construction 

                	
                  City
                    of
                    Fayetteville, North Carolina 

                	
                  $543,857.25

                
	
                  14-028-696
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Huntsvill

                	
                  15-Jan-06

                	
                  Contractor's
                    License/Tax 

                	
                  City
                    of
                    Florence, Alabama 

                	
                  $2,500.00

                
	
                  14-000-060-0389
                    

                	
                  O

                	
                  APAC-Texas,
                    Inc. 

                	
                  Ft
                    Worth
                    

                	
                  07-Feb-02

                	
                  Resurfacing
                    

                	
                  City
                    of Fort
                    Worth, Texas 

                	
                  $987,309.00

                
	
                  14-029-088
                    

                	
                  O

                	
                  APAC-Texas,
                    Inc. 

                	
                  Ft
                    Worth
                    

                	
                  24-Aug-05

                	
                  Resurfacing
                    & Maintenance 

                	
                  City
                    of Fort
                    Worth, Texas 

                	
                  $422,856.00

                

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      
        ALL
          OPEN APAC SURETY BONDS

        AS
          OF AUGUST 16, 2006

        
          
            	Bond
                    Number	Open/Final 	Principal	Location	Executed	Classification	Obligee	
                    Bond
                      Amount

                  
	
                    14-026-517
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Ft
                      Worth
                      

                  	
                    17-Oct-05

                  	
                    Contractor's
                      License/Tax 

                  	
                    City
                      of Fort
                      Worth, Texas 

                  	
                    $25,000.00

                  
	
                    14-037-540
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    20-Jun-06

                  	
                    Resurfacing
                      

                  	
                    City
                      of
                      Fulton, Missouri 

                  	
                    $249,492.70

                  
	
                    14-026-519
                      

                  	
                    O

                  	
                    Texas
                      Bitulithic 

                  	
                    Dallas
                      

                  	
                    31-Dec-05

                  	
                    Highway
                      Use/Excess Weight 

                  	
                    City
                      of
                      Garland, Texas 

                  	
                    $5,000.00

                  
	
                    14-037-489
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Andalusia

                  	
                    10-Jul-06

                  	
                    Resurfacing
                      

                  	
                    City
                      of
                      Georgiana, Alabama 

                  	
                    $177,221.00

                  
	
                    14-029-474
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Greensbor

                  	
                    10-May-05

                  	
                    New
                      Construction 

                  	
                    City
                      of
                      Greensboro, North Carolina 

                  	
                    $2,928,312.30

                  
	
                    14-026-850
                      

                  	
                    O

                  	
                    Thompson-Arthur
                      Division 

                  	
                    Greensbor

                  	
                    22-Sep-05

                  	
                    Contractor's
                      License/Tax 

                  	
                    City
                      of
                      Greensboro, North Carolina 

                  	
                    $2,000.00

                  
	
                    14-026-841
                      

                  	
                    O

                  	
                    Thompson-Arthur
                      Paving Company

                  	
                    Greensbor

                  	
                    30-Jun-06

                  	
                    Contractor's
                      License/Tax 

                  	
                    City
                      of
                      Greensboro, North Carolina 

                  	
                    $2,000.00

                  
	
                    14-030-571
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Andalusia

                  	
                    26-Oct-05

                  	
                    New
                      Construction 

                  	
                    City
                      of
                      Greenville, Alabama 

                  	
                    $722,103.50

                  
	
                    14-030-376
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Tulsa
                      

                  	
                    26-Sep-05

                  	
                    New
                      Construction & Maintenance

                  	
                    City
                      of Grove,
                      Oklahoma 

                  	
                    $2,222,507.08

                  
	
                    14-030-460
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Peachtree

                  	
                    06-Jan-06

                  	
                    New
                      Construction 

                  	
                    City
                      of
                      Hampton, Georgia 

                  	
                    $96,395.52

                  
	
                    14-026-039
                      

                  	
                    O

                  	
                    APAC-Kansas,
                      Inc. 

                  	
                    Hays
                      

                  	
                    19-Apr-04

                  	
                    New
                      Construction 

                  	
                    City
                      of Hays,
                      Kansas 

                  	
                    $2,067,262.45

                  
	
                    14-030-418
                      

                  	
                    O

                  	
                    APAC-Kansas,
                      Inc. 

                  	
                    Hays
                      

                  	
                    06-Mar-06

                  	
                    New
                      Construction 

                  	
                    City
                      of Hays,
                      Kansas 

                  	
                    $1,383,050.00

                  
	
                    14-029-673
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Asheville

                  	
                    03-Feb-05

                  	
                    Resurfacing
                      

                  	
                    City
                      of
                      Hickory, North Carolina 

                  	
                    $2,399,911.28

                  
	
                    14-029-473
                      

                  	
                    O

                  	
                    Thompson-Arthur
                      Division 

                  	
                    Greensbor

                  	
                    29-Apr-05

                  	
                    Resurfacing
                      

                  	
                    City
                      of High
                      Point, North Carolina 

                  	
                    $1,859,987.00

                  
	
                    14-030-393
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Birminghm

                  	
                    24-Oct-05

                  	
                    Resurfacing
                      

                  	
                    City
                      of
                      Hueytown, Alabama 

                  	
                    $441,646.15

                  
	
                    14-030-553
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    22-Aug-05

                  	
                    New
                      Construction 

                  	
                    City
                      of
                      Huntsville, Alabama 

                  	
                    $1,216,762.83

                  
	
                    14-029-405
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    17-Sep-04

                  	
                    New
                      Construction 

                  	
                    City
                      of
                      Huntsville, Alabama 

                  	
                    $1,126,805.32

                  
	
                    14-037-467
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    27-Apr-06

                  	
                    Resurfacing
                      

                  	
                    City
                      of
                      Huntsville, Alabama 

                  	
                    $595,530.82

                  
	
                    14-037-451
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    09-Feb-06

                  	
                    New
                      Construction 

                  	
                    City
                      of
                      Huntsville, Alabama 

                  	
                    $254,120.61

                  
	
                    14-037-469
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    11-May-06

                  	
                    Resurfacing
                      

                  	
                    City
                      of
                      Huntsville, Alabama 

                  	
                    $250,000.00

                  
	
                    14-037-490
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    22-Jun-06

                  	
                    Resurfacing
                      

                  	
                    City
                      of
                      Huntsville, Alabama 

                  	
                    $229,566.72

                  
	
                    14-026-641
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    02-May-06

                  	
                    Utility
                      Deposit 

                  	
                    City
                      of
                      Huntsville, Alabama 

                  	
                    $160,000.00

                  
	
                    14-030-573
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    13-Oct-05

                  	
                    Resurfacing
                      

                  	
                    City
                      of
                      Huntsville, Alabama 

                  	
                    $73,467.30

                  
	
                    14-029-976
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    23-Mar-05

                  	
                    New
                      Construction & Maintenance

                  	
                    City
                      of
                      Hutchinson, Kansas 

                  	
                    $1,670,710.97

                  
	
                    14-030-383
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    09-Nov-05

                  	
                    Class
                      B -
                      Excavation 

                  	
                    City
                      of
                      Hutchinson, Kansas 

                  	
                    $1,581,538.00

                  
	
                    14-038-688
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    07-Jul-06

                  	
                    Class
                      B -
                      Excavation 

                  	
                    City
                      of
                      Hutchinson, Kansas 

                  	
                    $1,188,677.00

                  
	
                    14-038-653
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    10-Mar-06

                  	
                    New
                      Construction & Maintenance

                  	
                    City
                      of
                      Hutchinson, Kansas 

                  	
                    $987,282.38

                  
	
                    14-038-667
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    04-May-06

                  	
                    Resurfacing
                      

                  	
                    City
                      of
                      Hutchinson, Kansas 

                  	
                    $697,805.28

                  
	
                    14-038-666
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    04-May-06

                  	
                    Resurfacing
                      

                  	
                    City
                      of
                      Hutchinson, Kansas 

                  	
                    $502,128.64

                  
	
                    14-038-652
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    10-Mar-06

                  	
                    New
                      Construction & Maintenance

                  	
                    City
                      of
                      Hutchinson, Kansas 

                  	
                    $288,551.00

                  
	
                    14-037-310
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    01-Jan-06

                  	
                    New
                      Construction & Maintenance

                  	
                    City
                      of
                      Hutchinson, Kansas 

                  	
                    $66,602.50

                  
	
                    14-000-035-0687
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Green,
                      MS

                  	
                    02-Jun-03

                  	
                    Resurfacing
                      

                  	
                    City
                      of
                      Indianola, Mississippi 

                  	
                    $1,258,776.50

                  
	
                    14-026-529
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Dallas
                      

                  	
                    31-Dec-05

                  	
                    Right-of-Way
                      or Encroachment 

                  	
                    City
                      of
                      Irving, Texas 

                  	
                    $5,000.00

                  
	
                    14-037-354
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    23-May-06

                  	
                    Resurfacing
                      

                  	
                    City
                      of
                      Jacksonville, North Carolina 

                  	
                    $1,014,836.55

                  
	
                    14-037-316
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Tulsa
                      

                  	
                    02-Feb-06

                  	
                    Maintenance
                      

                  	
                    City
                      of Jenks,
                      Oklahoma 

                  	
                    $577,106.49

                  

          

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

      

       

      ALL
        OPEN APAC SURETY BONDS

      
        AS
          OF AUGUST 16, 2006

        
          
            	Bond
                    Number	Open/Final 	Principal	Location	Executed	Classification	Obligee	
                    Bond
                      Amount

                  
	
                    14-037-319
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Tulsa
                      

                  	
                    02-Feb-06

                  	
                    Maintenance
                      

                  	
                    City
                      of Jenks,
                      Oklahoma 

                  	
                    $472,800.04

                  
	
                    14-037-317
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Tulsa
                      

                  	
                    02-Feb-06

                  	
                    Maintenance
                      

                  	
                    City
                      of Jenks,
                      Oklahoma 

                  	
                    $236,527.83

                  
	
                    14-037-318
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Tulsa
                      

                  	
                    02-Feb-06

                  	
                    Maintenance
                      

                  	
                    City
                      of Jenks,
                      Oklahoma 

                  	
                    $46,368.20

                  
	
                    14-028-734
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Springfld

                  	
                    14-Apr-06

                  	
                    Contractor's
                      License/Tax 

                  	
                    City
                      of
                      Joplin, Missouri 

                  	
                    $1,000.00

                  
	
                    14-037-181
                      

                  	
                    O

                  	
                    Kansas
                      City
                      Div., APAC-Kansas 

                  	
                    KS
                      City
                      

                  	
                    05-Jul-06

                  	
                    New
                      Construction 

                  	
                    City
                      of Kansas
                      City, Missouri 

                  	
                    $8,493,812.28

                  
	
                    14-026-217
                      

                  	
                    O

                  	
                    APAC-Kansas,
                      Inc. 

                  	
                    KS
                      City
                      

                  	
                    10-May-05

                  	
                    New
                      Construction 

                  	
                    City
                      of Kansas
                      City, Missouri 

                  	
                    $2,908,236.00

                  
	
                    14-037-167
                      

                  	
                    O

                  	
                    APAC-Kansas,
                      Inc. 

                  	
                    KS
                      City
                      

                  	
                    20-Oct-05

                  	
                    New
                      Construction & Maintenance

                  	
                    City
                      of Kansas
                      City, Missouri 

                  	
                    $2,444,000.00

                  
	
                    14-030-378
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    20-Oct-05

                  	
                    New
                      Construction 

                  	
                    City
                      of Kechi,
                      Kansas 

                  	
                    $665,771.56

                  
	
                    14-038-672
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    31-May-06

                  	
                    Resurfacing
                      

                  	
                    City
                      of
                      Kingman, Kansas 

                  	
                    $761,965.72

                  
	
                    14-026-629
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Knoxville

                  	
                    17-May-06

                  	
                    Resurfacing
                      

                  	
                    City
                      of
                      Kingsport, Tennessee 

                  	
                    $445,565.00

                  
	
                    14-037-352
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    11-May-06

                  	
                    Resurfacing
                      

                  	
                    City
                      of
                      Kinston, North Carolina 

                  	
                    $128,490.00

                  
	
                    14-030-458
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Fortson
                      

                  	
                    01-Dec-05

                  	
                    New
                      Construction 

                  	
                    City
                      of
                      LaGrange, Georgia 

                  	
                    $201,700.00

                  
	
                    14-030-591
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Wtr
                      Haven

                  	
                    18-Jul-06

                  	
                    Utility
                      Deposit 

                  	
                    City
                      of
                      Lakeland, Department of Electric & Water 

                  	
                    $600.00

                  
	
                    14-030-592
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Wtr
                      Haven

                  	
                    18-Jul-06

                  	
                    Utility
                      Deposit 

                  	
                    City
                      of
                      Lakeland, Department of Electric & Water 

                  	
                    $425.00

                  
	
                    14-030-622
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Wtr
                      Haven

                  	
                    09-Dec-05

                  	
                    New
                      Construction & Maintenance

                  	
                    City
                      of
                      Lakeland, Florida 

                  	
                    $4,750,000.00

                  
	
                    14-026-448
                      

                  	
                    O

                  	
                    APAC-Kansas,
                      Inc. 

                  	
                    KS
                      City
                      

                  	
                    23-Mar-04

                  	
                    New
                      Construction & Maintenance

                  	
                    City
                      of
                      Leawood, Kansas 

                  	
                    $6,513,992.23

                  
	
                    14-037-166
                      

                  	
                    O

                  	
                    APAC-Kansas,
                      Inc. 

                  	
                    Overland
                      

                  	
                    14-Oct-05

                  	
                    Class
                      B &
                      Maintenance 

                  	
                    City
                      of Lee's
                      Summit, Missouri 

                  	
                    $4,486,120.08

                  
	
                    14-026-443
                      

                  	
                    O

                  	
                    Reno
                      Branch,
                      Div. APAC-Kansas 

                  	
                    Overland
                      

                  	
                    20-Nov-03

                  	
                    New
                      Construction & Maintenance

                  	
                    City
                      of
                      Lenexa, Kansas 

                  	
                    $15,328,694.14

                  
	
                    14-037-539
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    13-Jun-06

                  	
                    Resurfacing
                      

                  	
                    City
                      of Macon,
                      Missouri 

                  	
                    $207,907.37

                  
	
                    14-030-707
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Memphis
                      

                  	
                    26-May-06

                  	
                    New
                      Construction 

                  	
                    City
                      of Marked
                      Tree, Arkansas 

                  	
                    $178,582.50

                  
	
                    14-037-309
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    28-Dec-05

                  	
                    New
                      Construction 

                  	
                    City
                      of
                      McPherson, Kansas 

                  	
                    $272,316.25

                  
	
                    14-030-617
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Wtr
                      Haven

                  	
                    09-Nov-05

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    City
                      of
                      Melbourne, Florida 

                  	
                    $906,359.00

                  
	
                    14-029-046
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Memphis
                      

                  	
                    18-Nov-04

                  	
                    Resurfacing
                      

                  	
                    City
                      of
                      Memphis, Tennessee 

                  	
                    $3,824,674.40

                  
	
                    14-029-050
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Memphis
                      

                  	
                    16-May-05

                  	
                    Resurfacing
                      

                  	
                    City
                      of
                      Memphis, Tennessee 

                  	
                    $3,367,908.00

                  
	
                    14-029-061
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Memphis
                      

                  	
                    09-Jun-06

                  	
                    Supply
                      Bond
                      

                  	
                    City
                      of
                      Memphis, Tennessee 

                  	
                    $729,000.00

                  
	
                    14-026-175
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Memphis
                      

                  	
                    29-Mar-06

                  	
                    Contractor's
                      License/Tax 

                  	
                    City
                      of
                      Memphis, Tennessee 

                  	
                    $15,000.00

                  
	
                    14-029-216
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    13-May-04

                  	
                    Resurfacing
                      

                  	
                    City
                      of
                      Meridian, Mississippi 

                  	
                    $4,321,719.00

                  
	
                    14-026-852
                      

                  	
                    O

                  	
                    Ashland
                      Inc.
                      

                  	
                    Jackson
                      

                  	
                    19-Apr-06

                  	
                    Miscellaneous
                      

                  	
                    City
                      of
                      Meridian, Mississippi 

                  	
                    $5,000.00

                  
	
                    14-038-503
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    30-Jun-06

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    City
                      of
                      Mexico, Missouri 

                  	
                    $257,061.00

                  
	
                    14-038-681
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Tulsa
                      

                  	
                    14-Jun-06

                  	
                    New
                      Construction & Maintenance

                  	
                    City
                      of Miami,
                      Oklahoma 

                  	
                    $174,588.00

                  
	
                    14-037-526
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    04-May-06

                  	
                    Resurfacing
                      

                  	
                    City
                      of
                      Moberly, Missouri 

                  	
                    $187,999.50

                  
	
                    14-037-163
                      

                  	
                    O

                  	
                    Thompson-Arthur
                      Division 

                  	
                    Greensbor

                  	
                    03-May-06

                  	
                    Resurfacing
                            

                  	
                    City
                      of Mount
                      Airy, North Carolina 

                  	
                    $393,053.90

                  
	
                    14-028-906
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Brashear
                      

                  	
                    12-Jul-04

                  	
                    Resurfacing
                      

                  	
                    City
                      of Mount
                      Pleasant, Texas 

                  	
                    $848,300.00

                  
	
                    14-030-394
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Birminghm

                  	
                    11-May-06

                  	
                    Resurfacing
                      

                  	
                    City
                      of
                      Mountain Brook, Alabama 

                  	
                    $900,000.00

                  
	
                    14-026-694
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Birminghm

                  	
                    22-Feb-06

                  	
                    Contractor's
                      License/Tax 

                  	
                    City
                      of
                      Mountain Brook, Alabama 

                  	
                    $10,000.00

                  

          

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      
        
          ALL
            OPEN APAC SURETY BONDS

          AS
            OF AUGUST 16, 2006

          
            
              	Bond
                      Number	Open/Final 	Principal	Location	Execution	Classification	Obligee	
                      Bond
                        Amount

                    
	
                      14-026-695
                        

                    	
                      O

                    	
                      APAC-Alabama,
                        Inc. 

                    	
                      Birminghm

                    	
                      22-Feb-06

                    	
                      Contractor's
                        License/Tax 

                    	
                      City
                        of
                        Mountain Brook, Alabama 

                    	
                      $10,000.00

                    
	
                      14-037-460
                        

                    	
                      O

                    	
                      APAC-Southeast,
                        Inc. 

                    	
                      Huntsvill

                    	
                      06-Apr-06

                    	
                      Class
                        B -
                        Excavation 

                    	
                      City
                        of Muscle
                        Shoals, Alabama 

                    	
                      $1,196,817.32

                    
	
                      14-038-502
                        

                    	
                      O

                    	
                      APAC-Missouri,
                        Inc. 

                    	
                      Springfld

                    	
                      23-Jun-06

                    	
                      Resurfacing
                        

                    	
                      City
                        of
                        Nevada, Missouri 

                    	
                      $83,166.75

                    
	
                      14-038-501
                        

                    	
                      O

                    	
                      APAC-Missouri,
                        Inc. 

                    	
                      Springfld

                    	
                      23-Jun-06

                    	
                      New
                        Construction 

                    	
                      City
                        of
                        Nevada, Missouri 

                    	
                      $74,448.00

                    
	
                      14-028-892
                        

                    	
                      O

                    	
                      APAC-Texas,
                        Inc. 

                    	
                      Brashear
                        

                    	
                      27-Apr-04

                    	
                      New
                        Construction 

                    	
                      City
                        of New
                        Boston, Texas 

                    	
                      $83,032.34

                    
	
                      14-030-630
                        

                    	
                      O

                    	
                      APAC-Southeast,
                        Inc. 

                    	
                      Tampa
                        

                    	
                      07-Mar-06

                    	
                      Resurfacing
                        

                    	
                      City
                        of New
                        Port Richey, Public Works Department 

                    	
                      $792,952.60

                    
	
                      14-038-673
                        

                    	
                      O

                    	
                      Shears
                        Division, APAC-Kansas 

                    	
                      Hutchinsn

                    	
                      06-Jun-06

                    	
                      Resurfacing
                        

                    	
                      City
                        of
                        Newton, Kansas 

                    	
                      $563,011.14

                    
	
                      14-026-412
                        

                    	
                      O

                    	
                      APAC-Southeast,
                        Inc. 

                    	
                      Augusta
                        

                    	
                      30-Jan-06

                    	
                      Contractor's
                        License/Tax 

                    	
                      City
                        of North
                        Augusta, South Carolina 

                    	
                      $1,000.00

                    
	
                      14-030-187
                        

                    	
                      O

                    	
                      APAC-Mississippi,
                        Inc. 

                    	
                      Jackson
                        

                    	
                      14-Jul-06

                    	
                      Resurfacing
                        

                    	
                      City
                        of
                        Okolona, Mississippi 

                    	
                      $136,165.68

                    
	
                      14-026-223
                        

                    	
                      O

                    	
                      APAC-Kansas,
                        Inc. 

                    	
                      Overland
                        

                    	
                      12-Jul-05

                    	
                      New
                        Construction & Maintenance

                    	
                      City
                        of
                        Olathe, Kansas 

                    	
                      $5,635,962.80

                    
	
                      14-037-174
                        

                    	
                      O

                    	
                      Kansas
                        City
                        Div., APAC-Kansas 

                    	
                      Overland
                        

                    	
                      10-Mar-06

                    	
                      New
                        Construction & Maintenance

                    	
                      City
                        of
                        Olathe, Kansas 

                    	
                      $493,261.00

                    
	
                      14-037-180
                        

                    	
                      O

                    	
                      APAC-Kansas,
                        Inc. 

                    	
                      KS
                        City
                        

                    	
                      12-Jun-06

                    	
                      New
                        Construction & Maintenance

                    	
                      City
                        of Omaha,
                        A Nebraska Municipal Corporation 

                    	
                      $22,000,000.00

                    
	
                      14-030-108
                        

                    	
                      O

                    	
                      APAC-Missouri,
                        Inc. 

                    	
                      Columb,MO

                    	
                      25-Oct-05

                    	
                      Resurfacing
                        

                    	
                      City
                        of Osage
                        Beach, Missouri 

                    	
                      $726,616.74

                    
	
                      14-029-197
                        

                    	
                      O

                    	
                      Kansas
                        City
                        Div., APAC-Kansas 

                    	
                      Overland
                        

                    	
                      18-Nov-04

                    	
                      New
                        Construction & Maintenance

                    	
                      City
                        of
                        Overland Park, Kansas 

                    	
                      $6,483,115.80

                    
	
                      14-037-179
                        

                    	
                      O

                    	
                      Kansas
                        City
                        Div., APAC-Kansas 

                    	
                      Overland
                        

                    	
                      21-Apr-06

                    	
                      Class
                        B &
                        Maintenance 

                    	
                      City
                        of
                        Overland Park, Kansas 

                    	
                      $1,936,760.65

                    
	
                      14-037-178
                        

                    	
                      O

                    	
                      Kansas
                        City
                        Div., APAC-Kansas 

                    	
                      Overland
                        

                    	
                      21-Apr-06

                    	
                      New
                        Construction & Maintenance

                    	
                      City
                        of
                        Overland Park, Kansas 

                    	
                      $804,401.60

                    
	
                      14-030-564
                        

                    	
                      O

                    	
                      APAC-Southeast,
                        Inc. 

                    	
                      Dothan
                        

                    	
                      28-Sep-05

                    	
                      Resurfacing
                        

                    	
                      City
                        of Ozark,
                        Alabama 

                    	
                      $1,737,242.69

                    
	
                      14-030-474
                        

                    	
                      O

                    	
                      APAC-Southeast,
                        Inc. 

                    	
                      Peachtree

                    	
                      06-Apr-06

                    	
                      Resurfacing
                        

                    	
                      City
                        of
                        Peachtree City, Georgia 

                    	
                      $693,112.95

                    
	
                      14-026-253
                        

                    	
                      O

                    	
                      Gulf
                        Coast
                        Division, APAC-SE 

                    	
                      Pensacola

                    	
                      24-May-04

                    	
                      New
                        Construction 

                    	
                      City
                        of
                        Pensacola, Florida 

                    	
                      $5,348,935.25

                    
	
                      14-029-420
                        

                    	
                      O

                    	
                      APAC-Southeast,
                        Inc. 

                    	
                      Pensacola

                    	
                      25-Aug-04

                    	
                      New
                        Construction 

                    	
                      City
                        of
                        Pensacola, Florida 

                    	
                      $1,448,504.09

                    
	
                      14-030-491
                        

                    	
                      O

                    	
                      APAC-Southeast,
                        Inc. 

                    	
                      Pensacola

                    	
                      13-Oct-05

                    	
                      Resurfacing
                        

                    	
                      City
                        of
                        Pensacola, Florida 

                    	
                      $668,141.82

                    
	
                      14-038-684
                        

                    	
                      O

                    	
                      Shears
                        Division, APAC-Kansas 

                    	
                      Hutchinsn

                    	
                      21-Jun-06

                    	
                      Class
                        B -
                        Excavation 

                    	
                      City
                        of Pretty
                        Prairie, Kansas 

                    	
                      $782,843.00

                    
	
                      14-037-444
                        

                    	
                      O

                    	
                      APAC-Southeast,
                        Inc. 

                    	
                      Huntsvill

                    	
                      18-Jan-06

                    	
                      Resurfacing
                        

                    	
                      City
                        of Red
                        Bay, Alabama 

                    	
                      $27,076.95

                    
	
                      14-037-161
                        

                    	
                      O

                    	
                      APAC-Atlantic,
                        Inc. 

                    	
                      Danville
                        

                    	
                      17-Apr-06

                    	
                      New
                        Construction 

                    	
                      City
                        of
                        Reidsville, North Carolina 

                    	
                      $244,045.40

                    
	
                      14-029-251
                        

                    	
                      O

                    	
                      APAC-Mississippi,
                        Inc. 

                    	
                      Jackson
                        

                    	
                      01-Mar-05

                    	
                      Resurfacing
                        

                    	
                      City
                        of
                        Ridgeland, Mississippi 

                    	
                      $2,350,119.75

                    
	
                      14-030-255
                        

                    	
                      O

                    	
                      Harrison
                        Div.,
                        APAC-Tennessee 

                    	
                      Alcoa
                        

                    	
                      14-Oct-05

                    	
                      New
                        Construction 

                    	
                      City
                        of
                        Rockford, Tennessee 

                    	
                      $72,975.80

                    
	
                      14-030-316
                        

                    	
                      O

                    	
                      McClinton-Anchor
                        

                    	
                      Fayett-AR

                    	
                      21-Jun-05

                    	
                      New
                        Construction 

                    	
                      City
                        of
                        Rogers, Arkansas 

                    	
                      $2,474,336.35

                    
	
                      14-030-340
                        

                    	
                      O

                    	
                      McClinton-Anchor
                        

                    	
                      Fayett-AR

                    	
                      17-Nov-05

                    	
                      New
                        Construction 

                    	
                      City
                        of
                        Rogers, Arkansas 

                    	
                      $720,097.25

                    
	
                      14-030-338
                        

                    	
                      O

                    	
                      McClinton-Anchor
                        

                    	
                      Fayett-AR

                    	
                      10-Oct-05

                    	
                      Maintenance
                        

                    	
                      City
                        of
                        Rogers, Arkansas 

                    	
                      $22,996.40

                    
	
                      14-025-938
                        

                    	
                      O

                    	
                      McClinton-Anchor
                        

                    	
                      Fayett-AR

                    	
                      08-Nov-05

                    	
                      Right-of-Way
                        or Encroachment 

                    	
                      City
                        of
                        Rogers, Arkansas 

                    	
                      $5,000.00

                    
	
                      14-038-587
                        

                    	
                      O

                    	
                      APAC-Atlantic,
                        Inc. 

                    	
                      Danville
                        

                    	
                      26-Jun-06

                    	
                      Resurfacing
                        

                    	
                      City
                        of
                        Roxboro, North Carolina 

                    	
                      $156,697.50

                    
	
                      14-027-029
                        

                    	
                      O

                    	
                      APAC-Southeast,
                        Inc. 

                    	
                      Huntsvill

                    	
                      12-Nov-03

                    	
                      New
                        Construction 

                    	
                      City
                        of
                        Russellville, Alabama 

                    	
                      $1,242,175.54

                    
	
                      14-030-083
                        

                    	
                      O

                    	
                      APAC-Missouri,
                        Inc. 

                    	
                      Columb,MO

                    	
                      11-Jul-05

                    	
                      Resurfacing
                        

                    	
                      City
                        of Saint
                        Clair, Missouri 

                    	
                      $1,424,309.02

                    
	
                      14-030-221
                        

                    	
                      O

                    	
                      Shears
                        Division, APAC-Kansas 

                    	
                      Salina
                        

                    	
                      24-Mar-06

                    	
                      New
                        Construction 

                    	
                      City
                        of
                        Salina, Kansas 

                    	
                      $668,642.00

                    
	
                      14-030-222
                        

                    	
                      O

                    	
                      Shears
                        Division, APAC-Kansas 

                    	
                      Salina
                        

                    	
                      24-Apr-06

                    	
                      New
                        Construction 

                    	
                      City
                        of
                        Salina, Kansas 

                    	
                      $621,753.55

                    

            

          

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      
        
          ALL
            OPEN APAC SURETY BONDS

          AS
            OF AUGUST 16, 2006

        

      

      
        
          	Bond
                  Number	Open/Final	Principal	Location	Executed	Classification	Obligee	
                  Bond
                    Amount

                
	
                  14-030-223
                    

                	
                  O

                	
                  Shears
                    Division, APAC-Kansas 

                	
                  Salina
                    

                	
                  18-May-06

                	
                  New
                    Construction 

                	
                  City
                    of
                    Salina, Kansas 

                	
                  $578,611.90

                
	
                  14-030-220
                    

                	
                  O

                	
                  Shears
                    Division, APAC-Kansas 

                	
                  Salina
                    

                	
                  14-Mar-06

                	
                  New
                    Construction 

                	
                  City
                    of
                    Salina, Kansas 

                	
                  $492,020.44

                
	
                  14-029-917
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Sarasota
                    

                	
                  01-Nov-05

                	
                  Resurfacing
                    

                	
                  City
                    of
                    Sarasota, Florida 

                	
                  $1,544,877.75

                
	
                  14-030-386
                    

                	
                  O

                	
                  Shears
                    Division, APAC-Kansas 

                	
                  Hutchinsn

                	
                  16-Nov-05

                	
                  New
                    Construction & Maintenance

                	
                  City
                    of
                    Sedgwick, Kansas 

                	
                  $220,737.50

                
	
                  14-026-906
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Huntsvill

                	
                  15-Jan-06

                	
                  License
&
                    Permit 

                	
                  City
                    of
                    Sheffield, Alabama 

                	
                  $2,500.00

                
	
                  14-030-691
                    

                	
                  O

                	
                  McClinton-Anchor
                    

                	
                  Fayett-AR

                	
                  28-Nov-05

                	
                  Contractor's
                    License/Tax 

                	
                  City
                    of Siloam
                    Springs, Arkansas 

                	
                  $2,000.00

                
	
                  14-030-387
                    

                	
                  O

                	
                  Shears
                    Division, APAC-Kansas 

                	
                  Hutchinsn

                	
                  23-Nov-05

                	
                  Class
                    B -
                    Excavation 

                	
                  City
                    of South
                    Hutchinson, Kansas 

                	
                  $19,843.00

                
	
                  14-030-713
                    

                	
                  O

                	
                  McClinton-Anchor
                    

                	
                  Fayett-AR

                	
                  21-Jul-06

                	
                  Maintenance
                    

                	
                  City
                    of
                    Springdale, Arkansas 

                	
                  $571,355.42

                
	
                  14-030-702
                    

                	
                  O

                	
                  McClinton-Anchor
                    

                	
                  Fayett-AR

                	
                  31-Mar-06

                	
                  New
                    Construction 

                	
                  City
                    of
                    Springdale, Arkansas 

                	
                  $149,185.20

                
	
                  14-025-952
                    

                	
                  O

                	
                  McClinton-Anchor
                    

                	
                  Fayett-AR

                	
                  22-Jan-06

                	
                  Contractor's
                    License/Tax 

                	
                  City
                    of
                    Springdale, Arkansas 

                	
                  $1,000.00

                
	
                  14-037-516
                    

                	
                  O

                	
                  APAC-Missouri,
                    Inc. 

                	
                  Springfld

                	
                  14-Mar-06

                	
                  Resurfacing
                    

                	
                  City
                    of
                    Springfield, Missouri 

                	
                  $1,350,392.00

                
	
                  14-037-253
                    

                	
                  O

                	
                  APAC-Missouri,
                    Inc. 

                	
                  Springfld

                	
                  10-Jan-06

                	
                  New
                    Construction 

                	
                  City
                    of
                    Springfield, Missouri 

                	
                  $484,876.50

                
	
                  14-026-555
                    

                	
                  O

                	
                  APAC-Missouri,
                    Inc. 

                	
                  Springfld

                	
                  02-Jul-06

                	
                  Right-of-Way
                    or Encroachment 

                	
                  City
                    of
                    Springfield, Missouri 

                	
                  $5,000.00

                
	
                  14-030-181
                    

                	
                  O

                	
                  APAC-Mississippi,
                    Inc. 

                	
                  Columbus
                    

                	
                  23-Jun-06

                	
                  Resurfacing
                    

                	
                  City
                    of
                    Starkville, Mississippi 

                	
                  $122,781.30

                
	
                  14-000-020-1068
                    

                	
                  O

                	
                  APAC-Florida,
                    Inc. 

                	
                  Medley
                    

                	
                  15-Nov-02

                	
                  Resurfacing
                    

                	
                  City
                    of
                    Sunrise, Florida 

                	
                  $3,645,160.15

                
	
                  14-000-045-0200
                    

                	
                  O

                	
                  APAC-Oklahoma,
                    Inc. 

                	
                  Tulsa
                    

                	
                  26-Feb-01

                	
                  New
                    Construction 

                	
                  City
                    of Tulsa,
                    Oklahoma (Admin Bldg) 

                	
                  $4,683,604.80

                
	
                  14-037-332
                    

                	
                  O

                	
                  APAC-Oklahoma,
                    Inc. 

                	
                  Tulsa
                    

                	
                  15-Feb-06

                	
                  New
                    Construction & Maintenance

                	
                  City
                    of Tulsa,
                    Oklahoma (Admin Bldg) 

                	
                  $706,407.05

                
	
                  14-038-685
                    

                	
                  O

                	
                  APAC-Oklahoma,
                    Inc. 

                	
                  Tulsa
                    

                	
                  29-Jun-06

                	
                  New
                    Construction & Maintenance

                	
                  City
                    of Tulsa,
                    Oklahoma (Admin Bldg) 

                	
                  $72,291.00

                
	
                  14-026-851
                    

                	
                  O

                	
                  APAC-Kansas,
                    Inc. 

                	
                  KS
                    City
                    

                	
                  31-Dec-05

                	
                  Indemnity
                    Bond
                    

                	
                  City
                    of Tulsa,
                    Oklahoma (Admin Bldg) 

                	
                  $5,000.00

                
	
                  14-029-888
                    

                	
                  O

                	
                  APAC-Oklahoma,
                    Inc. 

                	
                  Tulsa
                    

                	
                  01-Mar-05

                	
                  New
                    Construction & Maintenance

                	
                  City
                    of Tulsa,
                    Oklahoma (Development Services) 

                	
                  $2,608,521.60

                
	
                  14-030-162
                    

                	
                  O

                	
                  APAC-Mississippi,
                    Inc. 

                	
                  Jackson
                    

                	
                  21-Nov-05

                	
                  Resurfacing
                    

                	
                  City
                    of
                    Tupelo, Mississippi 

                	
                  $2,524,712.23

                
	
                  14-038-693
                    

                	
                  O

                	
                  Shears
                    Division, APAC-Kansas 

                	
                  Hutchinsn

                	
                  20-Jul-06

                	
                  New
                    Construction 

                	
                  City
                    of Valley
                    Center, Kansas 

                	
                  $199,329.15

                
	
                  14-029-923
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Sarasota
                    

                	
                  13-Jun-06

                	
                  Resurfacing
                    

                	
                  City
                    of
                    Venice, Florida 

                	
                  $3,459,549.55

                
	
                  14-025-893
                    

                	
                  O

                	
                  APAC-Mississippi,
                    Inc. 

                	
                  Jackson
                    

                	
                  19-Sep-05

                	
                  Contractor's
                    License/Tax 

                	
                  City
                    of
                    Vicksburg, Mississippi 

                	
                  $5,000.00

                
	
                  14-037-243
                    

                	
                  O

                	
                  APAC-Missouri,
                    Inc. 

                	
                  Columb,MO

                	
                  28-Oct-05

                	
                  Resurfacing
                    

                	
                  City
                    of Webb
                    City, Missouri 

                	
                  $184,090.88

                
	
                  14-026-551
                    

                	
                  O

                	
                  APAC-Missouri,
                    Inc. 

                	
                  Springfld

                	
                  16-Dec-05

                	
                  Contractor's
                    License/Tax 

                	
                  City
                    of Webb
                    City, Missouri 

                	
                  $1,000.00

                
	
                  14-037-335
                    

                	
                  O

                	
                  Shears
                    Division, APAC-Kansas 

                	
                  Hutchinsn

                	
                  24-Feb-06

                	
                  New
                    Construction & Maintenance

                	
                  City
                    of
                    Wellington, Kansas 

                	
                  $254,469.00

                
	
                  14-030-706
                    

                	
                  O

                	
                  APAC-Tennessee,
                    Inc. 

                	
                  Memphis
                    

                	
                  26-May-06

                	
                  New
                    Construction 

                	
                  City
                    of West
                    Memphis, Arkansas 

                	
                  $2,407,502.80

                
	
                  14-030-339
                    

                	
                  O

                	
                  APAC-Tennessee,
                    Inc. 

                	
                  Memphis
                    

                	
                  24-Oct-05

                	
                  Resurfacing
                    

                	
                  City
                    of West
                    Memphis, Arkansas 

                	
                  $314,028.40

                
	
                  14-025-948
                    

                	
                  O

                	
                  APAC-Tennessee,
                    Inc. 

                	
                  Memphis
                    

                	
                  31-Dec-03

                	
                  Contractor's
                    License/Tax 

                	
                  City
                    of West
                    Memphis, Arkansas 

                	
                  $10,000.00

                
	
                  14-037-333
                    

                	
                  O

                	
                  APAC-Kansas,
                    Inc. 

                	
                  Hutchinsn

                	
                  20-Feb-06

                	
                  New
                    Construction & Maintenance

                	
                  City
                    of
                    Wichita, Kansas 

                	
                  $518,197.55

                
	
                  14-037-314
                    

                	
                  O

                	
                  APAC-Kansas,
                    Inc. 

                	
                  Hutchinsn

                	
                  30-Jan-06

                	
                  New
                    Construction & Maintenance

                	
                  City
                    of
                    Wichita, Kansas 

                	
                  $391,193.91

                
	
                  14-037-307
                    

                	
                  O

                	
                  APAC-Kansas,
                    Inc. 

                	
                  Hutchinsn

                	
                  28-Dec-05

                	
                  New
                    Construction & Maintenance

                	
                  City
                    of
                    Wichita, Kansas 

                	
                  $310,903.23

                
	
                  14-030-380
                    

                	
                  O

                	
                  APAC-Kansas,
                    Inc. 

                	
                  Hutchinsn

                	
                  21-Oct-05

                	
                  New
                    Construction & Maintenance

                	
                  City
                    of
                    Wichita, Kansas 

                	
                  $220,179.01

                
	
                  14-038-683
                    

                	
                  O

                	
                  APAC-Kansas,
                    Inc. 

                	
                  Hutchinsn

                	
                  20-Jun-06

                	
                  New
                    Construction & Maintenance

                	
                  City
                    of
                    Wichita, Kansas 

                	
                  $219,544.87

                

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      
        
          
            ALL
              OPEN APAC SURETY BONDS

            AS
              OF AUGUST 16, 2006

          

        

        
          
            	Bond
                    Number	 Open/Final	Principal	Location	Execution	Classification	Obligee	
                    Bond
                      Amount 

                  
	
                    14-026-860
                      

                  	
                    O

                  	
                    APAC-Kansas,
                      Inc. 

                  	
                    Hutchinsn

                  	
                    01-Feb-06

                  	
                    Annual
                      Bid/Supply/Performance 

                  	
                    City
                      of
                      Wichita, Kansas 

                  	
                    $200,000.00

                  
	
                    14-038-670
                      

                  	
                    O

                  	
                    APAC-Kansas,
                      Inc. 

                  	
                    Hutchinsn

                  	
                    09-May-06

                  	
                    New
                      Construction & Maintenance

                  	
                    City
                      of
                      Wichita, Kansas 

                  	
                    $136,694.00

                  
	
                    14-030-371
                      

                  	
                    O

                  	
                    APAC-Kansas,
                      Inc. 

                  	
                    Hutchinsn

                  	
                    19-Sep-05

                  	
                    New
                      Construction & Maintenance

                  	
                    City
                      of
                      Wichita, Kansas 

                  	
                    $114,165.75

                  
	
                    14-026-857
                      

                  	
                    O

                  	
                    APAC-Kansas,
                      Inc. 

                  	
                    Hutchinsn

                  	
                    01-Feb-06

                  	
                    Contractor's
                      License/Tax 

                  	
                    City
                      of
                      Wichita, Kansas 

                  	
                    $5,000.00

                  
	
                    14-037-357
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    20-Jun-06

                  	
                    New
                      Construction 

                  	
                    City
                      of
                      Wilmington, North Carolina 

                  	
                    $235,199.10

                  
	
                    14-038-671
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    18-May-06

                  	
                    New
                      Construction 

                  	
                    City
                      of
                      Winfield, Kansas 

                  	
                    $354,468.16

                  
	
                    14-037-331
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    13-Feb-06

                  	
                    New
                      Construction 

                  	
                    City
                      of
                      Winfield, Kansas 

                  	
                    $161,891.15

                  
	
                    14-028-948
                      

                  	
                    O

                  	
                    Thompson-Arthur
                      Division 

                  	
                    Greensbor

                  	
                    31-Jan-06

                  	
                    Contractor's
                      License/Tax 

                  	
                    City
                      of
                      Winston-Salem, North Carolina 

                  	
                    $20,000.00

                  
	
                    14-030-165
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Vicksburg

                  	
                    27-Jan-06

                  	
                    Resurfacing
                      

                  	
                    Claiborne
                      County Supervisors, Mississippi 

                  	
                    $146,240.00

                  
	
                    14-038-710
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Peachtree

                  	
                    29-Jun-06

                  	
                    Resurfacing
                      

                  	
                    Clayton
                      County
                      Commissioners, Georgia 

                  	
                    $2,428,415.42

                  
	
                    14-029-731
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Peachtree

                  	
                    05-Aug-05

                  	
                    Resurfacing
                      

                  	
                    Clayton
                      County
                      Commissioners, Georgia 

                  	
                    $1,231,420.64

                  
	
                    14-030-456
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Peachtree

                  	
                    22-Nov-05

                  	
                    New
                      Construction 

                  	
                    Clayton
                      County
                      Commissioners, Georgia 

                  	
                    $169,765.12

                  
	
                    14-025-828
                      

                  	
                    O

                  	
                    APAC-Georgia,
                      Inc. 

                  	
                    Atlanta
                      

                  	
                    20-Jun-06

                  	
                    License
&
                      Permit 

                  	
                    Cobb
                      County
                      Commissioners 

                  	
                    $10,000.00

                  
	
                    14-029-700
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Atlanta
                      

                  	
                    04-Jan-05

                  	
                    Resurfacing
                      

                  	
                    Cobb
                      County
                      DOT (Georgia) 

                  	
                    $2,774,772.50

                  
	
                    14-030-580
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Medley
                      

                  	
                    01-Dec-05

                  	
                    Class
                      B -
                      Excavation 

                  	
                    Cogun,
                      Inc.
                      (Florida) 

                  	
                    $944,127.00

                  
	
                    14-029-412
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    06-Oct-04

                  	
                    New
                      Construction 

                  	
                    Colbert
                      County
                      Commission, Alabama 

                  	
                    $1,016,518.51

                  
	
                    14-037-531
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Springfld

                  	
                    19-May-06

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Cole
                      County
                      Commission, Missouri 

                  	
                    $109,203.22

                  
	
                    14-026-019
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Ft
                      Myers
                      

                  	
                    18-Aug-04

                  	
                    New
                      Construction & Maintenance

                  	
                    Collier
                      County
                      Board of Commissioners, Florida 

                  	
                    $37,700,041.83

                  
	
                    14-000-020-0162
                      

                  	
                    O

                  	
                    APAC-Florida,
                      Inc. 

                  	
                    Ft
                      Myers
                      

                  	
                    28-Oct-02

                  	
                    New
                      Construction 

                  	
                    Collier
                      County
                      Board of Commissioners, Florida 

                  	
                    $33,938,025.18

                  
	
                    14-000-020-0161
                      

                  	
                    O

                  	
                    APAC-Florida,
                      Inc. 

                  	
                    Ft
                      Myers
                      

                  	
                    08-Oct-02

                  	
                    Maintenance
                      

                  	
                    Collier
                      County
                      Board of Commissioners, Florida 

                  	
                    $1,700,000.00

                  
	
                    14-026-361
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Sarasota
                      

                  	
                    06-Oct-05

                  	
                    License
&
                      Permit 

                  	
                    Collier
                      County
                      Board of Commissioners, Florida 

                  	
                    $500,000.00

                  
	
                    14-026-700
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Birminghm

                  	
                    21-Sep-04

                  	
                    New
                      Construction 

                  	
                    Colonial
                      Promenade Realty LP 

                  	
                    $5,120,700.00

                  
	
                    14-026-407
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Augusta
                      

                  	
                    23-Jun-06

                  	
                    Contractor's
                      License/Tax 

                  	
                    Columbia
                      County, Georgia 

                  	
                    $1,000.00

                  
	
                    14-028-395
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Stephensn

                  	
                    12-Jan-06

                  	
                    Weighmaster's
                      Bond 

                  	
                    Commonwealth
                      of Virginia 

                  	
                    $10,000.00

                  
	
                    14-026-585
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Manassas
                      

                  	
                    10-Jun-06

                  	
                    Weighmaster's
                      Bond 

                  	
                    Commonwealth
                      of Virginia 

                  	
                    $10,000.00

                  
	
                    14-026-596
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Midlothia

                  	
                    06-Jul-06

                  	
                    License
&
                      Permit 

                  	
                    County
                      of
                      Henrico, Virginia 

                  	
                    $1,000.00

                  
	
                    14-026-586
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Stephensn

                  	
                    10-Jun-06

                  	
                    Right-of-Way
                      or Encroachment 

                  	
                    County
                      of
                      Page, Virginia 

                  	
                    $35,370.00

                  
	
                    14-030-483
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Peachtree

                  	
                    26-Apr-06

                  	
                    New
                      Construction 

                  	
                    Coweta
                      County
                      Board of Education (Georgia) 

                  	
                    $122,416.00

                  
	
                    14-030-482
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Peachtree

                  	
                    26-Apr-06

                  	
                    New
                      Construction 

                  	
                    Coweta
                      County
                      Board of Education (Georgia) 

                  	
                    $107,989.56

                  
	
                    14-038-709
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Peachtree

                  	
                    27-Jun-06

                  	
                    New
                      Construction 

                  	
                    Coweta
                      County
                      Commissioners, Georgia 

                  	
                    $5,938,311.32

                  
	
                    14-030-487
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Peachtree

                  	
                    25-May-06

                  	
                    Resurfacing
                      

                  	
                    Coweta
                      County
                      Commissioners, Georgia 

                  	
                    $3,717,408.24

                  
	
                    14-038-702
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Peachtree

                  	
                    20-Jun-06

                  	
                    New
                      Construction 

                  	
                    Coweta
                      County
                      Commissioners, Georgia 

                  	
                    $454,583.99

                  
	
                    14-025-835
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Peachtree

                  	
                    13-Jul-06

                  	
                    Utility
                      Deposit 

                  	
                    Coweta-Fayette
                      Electric Membership Corporation 

                  	
                    $2,900.00

                  
	
                    14-038-506
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Springfld

                  	
                    13-Jul-06

                  	
                    Resurfacing
                      

                  	
                    Crawford
                      County Commission, Arkansas 

                  	
                    $91,671.48

                  
	
                    14-030-703
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Memphis
                      

                  	
                    25-Apr-06

                  	
                    New
                      Construction 

                  	
                    Crittenden
                      County, Arkansas 

                  	
                    $931,750.00

                  

          

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      ALL
        OPEN APAC SURETY BONDS

      
        
          
            
              AS
                OF AUGUST 16, 2006

            

          

          
            
              	Bond
                      Number	 Open/Final	Principal	Location	Executed	Classification	Obligee	Bond
                      Amount 
	
                      14-000-040-1768
                        

                    	
                      O

                    	
                      APAC-Carolina,
                        Inc. (NC) 

                    	
                      Asheville

                    	
                      31-Jan-03

                    	
                      Resurfacing

                    	
                      Cullasaja
                        Club
                        Homeowners Association 

                    	
                      $1,019,568.03

                    
	
                      14-037-306
                        

                    	
                      O

                    	
                      APAC-Oklahoma,
                        Inc. 

                    	
                      Tulsa
                        

                    	
                      27-Dec-05

                    	
                      New
                        Construction 

                    	
                      D
&
M
                        Excavating, Inc. 

                    	
                      $117,109.36

                    
	
                      14-000-020-0331
                        

                    	
                      O

                    	
                      APAC-Georgia,
                        Inc. 

                    	
                      Greenv'l
                        

                    	
                      17-Jan-02

                    	
                      New
                        Construction 

                    	
                      David
                        Nelson
                        Construction 

                    	
                      $4,464,780.32

                    
	
                      14-030-156
                        

                    	
                      O

                    	
                      APAC-Mississippi,
                        Inc. 

                    	
                      Jackson
                        

                    	
                      13-Oct-05

                    	
                      Resurfacing
                        

                    	
                      Davidson
                        Hauling, Inc. 

                    	
                      $184,180.00

                    
	
                      14-037-523
                        

                    	
                      O

                    	
                      APAC-Missouri,
                        Inc. 

                    	
                      Columb,MO

                    	
                      12-Apr-06

                    	
                      Supply
                        Bond
                        

                    	
                      Daviess
                        County
                        Commission, Missouri 

                    	
                      $139,296.00

                    
	
                      14-026-883
                        

                    	
                      O

                    	
                      APAC-Southeast,
                        Inc. 

                    	
                      Huntsvill

                    	
                      26-Jul-06

                    	
                      Utility
                        Deposit 

                    	
                      Decatur
                        Utilities (Alabama) 

                    	
                      $11,100.00

                    
	
                      14-037-349
                        

                    	
                      O

                    	
                      Coastal
                        Carolina Division 

                    	
                      Kinston
                        

                    	
                      11-Apr-06

                    	
                      New
                        Construction 

                    	
                      Dellinger,
                        Inc. 

                    	
                      $248,370.65

                    
	
                      14-030-698
                        

                    	
                      O

                    	
                      McClinton-Anchor
                        

                    	
                      Fayett-AR

                    	
                      30-Jan-06

                    	
                      Class
                        B -
                        Excavation 

                    	
                      Dixie
                        Construction, LLC (Arkansas) 

                    	
                      $858,060.29

                    
	
                      14-029-443
                        

                    	
                      O

                    	
                      Thompson-Arthur
                        Division 

                    	
                      Greensbor

                    	
                      22-Nov-05

                    	
                      New
                        Construction 

                    	
                      DLB,
                        Inc.
                        

                    	
                      $1,765,400.00

                    
	
                      14-038-851
                        

                    	
                      O

                    	
                      APAC-Southeast,
                        Inc. 

                    	
                      Dothan
                        

                    	
                      11-Jul-06

                    	
                      New
                        Construction 

                    	
                      Dothan
                        Area
                        Botanical Gardens 

                    	
                      $53,432.00

                    
	
                      14-038-657
                        

                    	
                      O

                    	
                      Shears
                        Division, APAC-Kansas 

                    	
                      Hutchinsn

                    	
                      13-Mar-06

                    	
                      Resurfacing
                        & Maintenance 

                    	
                      El
                        Dorado
                        Public Schools USD #490 

                    	
                      $26,151.80

                    
	
                      14-028-722
                        

                    	
                      O

                    	
                      APAC-Missouri,
                        Inc. 

                    	
                      Columb,MO

                    	
                      02-Mar-04

                    	
                      Resurfacing
                        

                    	
                      Emery
                        Sapp
                        & Sons, Inc. 

                    	
                      $1,283,372.00

                    
	
                      14-026-173
                        

                    	
                      O

                    	
                      APAC-Tennessee,
                        Inc. 

                    	
                      Memphis
                        

                    	
                      15-Jan-04

                    	
                      New
                        Construction 

                    	
                      English
                        Construction Company, Inc. 

                    	
                      $6,990,740.00

                    
	
                      14-026-748
                        

                    	
                      O

                    	
                      Thompson-Arthur
                        Division 

                    	
                      Greensbor

                    	
                      12-Jun-03

                    	
                      New
                        Construction 

                    	
                      English
                        Construction Company, Inc. 

                    	
                      $1,488,006.50

                    
	
                      14-028-869
                        

                    	
                      O

                    	
                      APAC-Arkansas,
                        Inc. 

                    	
                      Fayett-AR

                    	
                      05-Feb-06

                    	
                      Lease
                        Bond
                        

                    	
                      Enid
                        Bertha
                        Welch Trust 

                    	
                      $250,000.00

                    
	
                      14-000-035-0665
                        

                    	
                      O

                    	
                      APAC-Mississippi,
                        Inc. 

                    	
                      Columbus
                        

                    	
                      24-Oct-02

                    	
                      Resurfacing
                        

                    	
                      Eutaw
                        Construction Company, Inc. 

                    	
                      $10,006,197.06

                    
	
                      14-029-319
                        

                    	
                      O

                    	
                      APAC-Missouri,
                        Inc. 

                    	
                      Columb,MO

                    	
                      18-May-04

                    	
                      Class
                        B -
                        Excavation 

                    	
                      Everett
                        Holding Company, a Missouri Corporation 

                    	
                      $1,476,809.50

                    
	
                      14-038-701
                        

                    	
                      O

                    	
                      APAC-Southeast,
                        Inc. 

                    	
                      Atlanta
                        

                    	
                      07-Jun-06

                    	
                      New
                        Construction 

                    	
                      Facility
                        Design/Builders, Inc. 

                    	
                      $347,390.00

                    
	
                      14-030-490
                        

                    	
                      O

                    	
                      APAC-Southeast,
                        Inc. 

                    	
                      Peachtree

                    	
                      07-Jun-06

                    	
                      Resurfacing
                        

                    	
                      Fayette
                        County
                        Board of Commissioners, Georgia 

                    	
                      $4,039,094.51

                    
	
                      14-030-478
                        

                    	
                      O

                    	
                      APAC-Southeast,
                        Inc. 

                    	
                      Peachtree

                    	
                      20-Apr-06

                    	
                      Resurfacing
                        

                    	
                      Fayette
                        County
                        Board of Commissioners, Georgia 

                    	
                      $500,000.00

                    
	
                      14-030-481
                        

                    	
                      O

                    	
                      APAC-Southeast,
                        Inc. 

                    	
                      Peachtree

                    	
                      24-Apr-06

                    	
                      New
                        Construction 

                    	
                      Fayette
                        County
                        Board of Commissioners, Georgia 

                    	
                      $382,468.96

                    
	
                      14-029-057
                        

                    	
                      O

                    	
                      APAC-Tennessee,
                        Inc. 

                    	
                      Memphis
                        

                    	
                      03-Apr-06

                    	
                      New
                        Construction 

                    	
                      Federal
                        Express Corporation 

                    	
                      $11,577,279.00

                    
	
                      14-029-053
                        

                    	
                      O

                    	
                      APAC-Tennessee,
                        Inc. 

                    	
                      Memphis
                        

                    	
                      14-Dec-05

                    	
                      New
                        Construction 

                    	
                      Federal
                        Express Corporation 

                    	
                      $10,990,707.00

                    
	
                      14-000-055-0114
                        

                    	
                      O

                    	
                      APAC-Tennessee,
                        Inc. 

                    	
                      Memphis
                        

                    	
                      30-Nov-02

                    	
                      Maintenance
                        

                    	
                      Federal
                        Express Corporation 

                    	
                      $1,000.00

                    
	
                      14-029-060
                        

                    	
                      O

                    	
                      APAC-Tennessee,
                        Inc. 

                    	
                      Memphis
                        

                    	
                      09-Jun-06

                    	
                      New
                        Construction 

                    	
                      Ferrell
                        Paving, Inc. 

                    	
                      $2,086,430.00

                    
	
                      14-029-913
                        

                    	
                      O

                    	
                      APAC-Atlantic,
                        Inc. 

                    	
                      Stephensn

                    	
                      08-Feb-06

                    	
                      Resurfacing
                        

                    	
                      Flippo
                        Construction Company, Inc. 

                    	
                      $788,273.13

                    
	
                      14-026-015
                        

                    	
                      O

                    	
                      APAC-Florida,
                        Inc. 

                    	
                      Ft
                        Myers
                        

                    	
                      09-Aug-06

                    	
                      License
&
                        Permit 

                    	
                      Florida
                        Department of Environmental Resources 

                    	
                      $41,393.44

                    
	
                      14-026-379
                        

                    	
                      O

                    	
                      APAC-Southeast,
                        Inc. 

                    	
                      Sarasota
                        

                    	
                      10-Aug-06

                    	
                      Reclamation
                        

                    	
                      Florida
                        Department of Financial Serrvices 

                    	
                      $100,000.00

                    
	
                      14-026-374
                        

                    	
                      O

                    	
                      APAC-Southeast,
                        Inc. 

                    	
                      Sarasota
                        

                    	
                      16-Dec-04

                    	
                      Resurfacing
                        & Maintenance 

                    	
                      Florida
                        DOT
                        (Bartow), District 1 

                    	
                      $1,564,000.00

                    
	
                      14-030-620
                        

                    	
                      O

                    	
                      APAC-Southeast,
                        Inc. 

                    	
                      Wtr
                        Haven

                    	
                      29-Nov-05

                    	
                      Resurfacing
                        & Maintenance 

                    	
                      Florida
                        DOT
                        (Bartow), District 1 

                    	
                      $748,239.32

                    
	
                      14-026-999
                        

                    	
                      O

                    	
                      APAC-Southeast,
                        Inc. 

                    	
                      Wtr
                        Haven

                    	
                      02-Dec-03

                    	
                      New
                        Construction & Maintenance

                    	
                      Florida
                        DOT
                        (Deland) 

                    	
                      $2,097,817.63

                    
	
                      14-038-526
                        

                    	
                      O

                    	
                      APAC-Southeast,
                        Inc. 

                    	
                      Wtr
                        Haven

                    	
                      07-Jul-06

                    	
                      Resurfacing
                        & Maintenance 

                    	
                      Florida
                        DOT
                        (Deland) 

                    	
                      $124,611.81

                    
	
                      14-030-619
                        

                    	
                      O

                    	
                      APAC-Southeast,
                        Inc. 

                    	
                      Wtr
                        Haven

                    	
                      28-Nov-05

                    	
                      Resurfacing
                        & Maintenance 

                    	
                      Florida
                        DOT
                        (Fort Lauderdale) 

                    	
                      $294,538.50

                    
	
                      14-029-617
                        

                    	
                      O

                    	
                      APAC-Southeast,
                        Inc. 

                    	
                      Medley
                        

                    	
                      10-Dec-04

                    	
                      New
                        Construction & Maintenance

                    	
                      Florida
                        DOT
                        (Tallahassee) 

                    	
                      $89,659,992.21

                    
	
                      14-029-635
                        

                    	
                      O

                    	
                      APAC-Southeast,
                        Inc. 

                    	
                      Medley
                        

                    	
                      18-Feb-05

                    	
                      New
                        Construction & Maintenance

                    	
                      Florida
                        DOT
                        (Tallahassee) 

                    	
                      $81,401,950.00

                    

            

          

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      
        
          
            ALL
              OPEN APAC SURETY BONDS

            AS
              OF AUGUST 16, 2006

          

        

        
          
            	Bond
                    Number	Open/Final 	Principal	Location	Executed	Classification	Obligee	Bond
                    Amount 
	
                    14-037-486
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Jacksonvl

                  	
                    31-May-06

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $39,976,307.70

                  
	
                    14-026-378
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Maj
                      Proj
                      

                  	
                    02-Aug-05

                  	
                    New
                      Construction & Maintenance

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $26,358,986.90

                  
	
                    14-000-020-0500
                      

                  	
                    O

                  	
                    APAC-Florida,
                      Inc. 

                  	
                    Sarasota
                      

                  	
                    25-Jun-02

                  	
                    New
                      Construction 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $17,965,900.00

                  
	
                    14-000-020-0503
                      

                  	
                    O

                  	
                    APAC-Florida,
                      Inc. 

                  	
                    Sarasota
                      

                  	
                    19-Jul-02

                  	
                    New
                      Construction 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $14,988,690.00

                  
	
                    14-030-542
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Pensacola

                  	
                    02-Aug-05

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $12,607,838.78

                  
	
                    14-000-020-0579
                      

                  	
                    O

                  	
                    APAC-Florida,
                      Inc. 

                  	
                    Pensacola

                  	
                    09-Aug-00

                  	
                    New
                      Construction & Maintenance

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $12,168,568.81

                  
	
                    14-030-052
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Medley
                      

                  	
                    02-Jun-05

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $11,101,810.00

                  
	
                    14-030-635
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Tampa
                      

                  	
                    02-Jun-06

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $10,167,003.73

                  
	
                    14-038-852
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Medley
                      

                  	
                    28-Jun-06

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $7,739,818.33

                  
	
                    14-028-745
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Wtr
                      Haven

                  	
                    20-May-05

                  	
                    New
                      Construction & Maintenance

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $7,409,449.71

                  
	
                    14-030-055
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Medley
                      

                  	
                    06-Jun-05

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $7,252,328.76

                  
	
                    14-026-372
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Sarasota
                      

                  	
                    01-Dec-04

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $7,052,269.58

                  
	
                    14-029-596
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Jacksonvl

                  	
                    12-Aug-04

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $6,781,059.24

                  
	
                    14-030-639
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Wtr
                      Haven

                  	
                    28-Jun-06

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $6,740,000.00

                  
	
                    14-030-060
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Jacksonvl

                  	
                    28-Jun-05

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $6,653,701.00

                  
	
                    14-029-615
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Jacksonvl

                  	
                    08-Dec-04

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $6,652,789.70

                  
	
                    14-037-484
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Jacksonvl

                  	
                    31-May-06

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $6,044,626.00

                  
	
                    14-026-370
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Sarasota
                      

                  	
                    30-Jun-04

                  	
                    New
                      Construction & Maintenance

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $5,057,900.00

                  
	
                    14-030-586
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Jacksonvl

                  	
                    18-Jan-06

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $4,978,217.65

                  
	
                    14-000-020-0630
                      

                  	
                    O

                  	
                    APAC-Florida,
                      Inc. 

                  	
                    Pensacola

                  	
                    05-Nov-02

                  	
                    Resurfacing
                      

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $4,804,552.51

                  
	
                    14-037-445
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Pensacola

                  	
                    12-Jan-06

                  	
                    New
                      Construction & Maintenance

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $4,648,162.58

                  
	
                    14-028-765
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Wtr
                      Haven

                  	
                    18-Jul-05

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $4,499,900.00

                  
	
                    14-030-558
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Pensacola

                  	
                    02-Sep-05

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $4,191,498.50

                  
	
                    14-029-616
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Jacksonvl

                  	
                    03-Jan-05

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $4,085,165.27

                  
	
                    14-029-619
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Pensacola

                  	
                    13-Dec-04

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $3,915,673.99

                  
	
                    14-026-368
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Sarasota
                      

                  	
                    12-Mar-04

                  	
                    Resurfacing
                      

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $3,295,000.00

                  
	
                    14-030-640
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Wtr
                      Haven

                  	
                    29-Jun-06

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $3,221,733.92

                  
	
                    14-030-588
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Medley
                      

                  	
                    17-Jan-06

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $2,952,755.81

                  
	
                    14-030-546
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Jacksonvl

                  	
                    10-Aug-05

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $2,926,090.03

                  
	
                    14-030-621
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Wtr
                      Haven

                  	
                    07-Dec-05

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $2,749,900.00

                  
	
                    14-030-616
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Wtr
                      Haven

                  	
                    04-Nov-05

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $2,679,333.61

                  
	
                    14-030-599
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Tampa
                      

                  	
                    31-Aug-05

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $2,615,712.63

                  
	
                    14-026-376
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Sarasota
                      

                  	
                    02-Mar-05

                  	
                    New
                      Construction & Maintenance

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $2,549,647.86

                  
	
                    14-028-744
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Tampa
                      

                  	
                    03-May-05

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $2,427,000.00

                  
	
                    14-030-559
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Dothan
                      

                  	
                    02-Sep-05

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $2,094,000.00

                  

          

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      
        
          
            ALL
              OPEN APAC SURETY BONDS

            AS
              OF AUGUST 16, 2006

          

        

        
          
            	Bond
                    Number	Open/Final 	Principal	Location	 Executed	Classification	Obligee	Bond
                    Amount 
	
                    14-026-380
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Sarasota
                      

                  	
                    06-Oct-05

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $2,048,492.85

                  
	
                    14-030-615
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Wtr
                      Haven

                  	
                    01-Nov-05

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $1,977,650.00

                  
	
                    14-030-587
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Medley
                      

                  	
                    17-Jan-06

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $1,971,700.70

                  
	
                    14-030-638
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Tampa
                      

                  	
                    12-Jun-06

                  	
                    New
                      Construction & Maintenance

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $1,871,687.55

                  
	
                    14-037-443
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Medley
                      

                  	
                    26-Jan-06

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $1,804,963.00

                  
	
                    14-030-567
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Medley
                      

                  	
                    03-Oct-05

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $1,574,786.30

                  
	
                    14-037-485
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Jacksonvl

                  	
                    31-May-06

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $1,574,000.00

                  
	
                    14-028-600
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Wtr
                      Haven

                  	
                    02-Mar-04

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $1,469,294.04

                  
	
                    14-029-916
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Sarasota
                      

                  	
                    06-Oct-05

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $1,355,428.50

                  
	
                    14-029-919
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Sarasota
                      

                  	
                    12-Dec-05

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $1,230,000.00

                  
	
                    14-030-039
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Medley
                      

                  	
                    03-May-05

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $1,215,515.42

                  
	
                    14-030-568
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Medley
                      

                  	
                    03-Oct-05

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $964,052.30

                  
	
                    14-030-569
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Jacksonvl

                  	
                    04-Oct-05

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $897,989.00

                  
	
                    14-030-584
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Jacksonvl

                  	
                    04-Jan-06

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $648,849.00

                  
	
                    14-030-636
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Tampa
                      

                  	
                    05-Jun-06

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $114,000.00

                  
	
                    14-038-853
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Pensacola

                  	
                    12-Jul-06

                  	
                    New
                      Construction & Maintenance

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $106,026.45

                  
	
                    14-026-358
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Sarasota
                      

                  	
                    19-Aug-06

                  	
                    Highway
                      Use/Excess Weight 

                  	
                    Florida
                      DOT
                      (Tallahassee) 

                  	
                    $10,000.00

                  
	
                    14-028-742
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Tampa
                      

                  	
                    18-Apr-05

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tampa) 

                  	
                    $5,215,912.13

                  
	
                    14-028-764
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Tampa
                      

                  	
                    14-Jul-05

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tampa) 

                  	
                    $4,454,886.54

                  
	
                    14-028-640
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Tampa
                      

                  	
                    16-Mar-05

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Florida
                      DOT
                      (Tampa) 

                  	
                    $1,628,062.15

                  
	
                    14-026-025
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Sarasota
                      

                  	
                    10-Nov-05

                  	
                    Utility
                      Deposit 

                  	
                    Florida
                      Power
                      & Light Company 

                  	
                    $144,630.00

                  
	
                    14-026-713
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Tampa
                      

                  	
                    03-Jun-06

                  	
                    Utility
                      Deposit 

                  	
                    Florida
                      Power
                      & Light Company 

                  	
                    $9,360.00

                  
	
                    14-029-680
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Asheville

                  	
                    29-Apr-05

                  	
                    Resurfacing
                      

                  	
                    Foothills
                      Regional Airport Authority 

                  	
                    $2,967,847.00

                  
	
                    14-000-025-0493
                      

                  	
                    O

                  	
                    APAC-Georgia,
                      Inc. 

                  	
                    Mac
                      Div
                      

                  	
                    30-Aug-00

                  	
                    New
                      Construction 

                  	
                    Forsyth
                      County
                      Commissioners 

                  	
                    $11,331,368.31

                  
	
                    14-000-025-1025
                      

                  	
                    O

                  	
                    APAC-Georgia,
                      Inc. 

                  	
                    Mac
                      Div
                      

                  	
                    09-Apr-03

                  	
                    New
                      Construction 

                  	
                    Forsyth
                      County
                      Commissioners 

                  	
                    $6,804,168.65

                  
	
                    14-029-722
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Atlanta
                      

                  	
                    31-May-05

                  	
                    Resurfacing
                      

                  	
                    Forsyth
                      County
                      Commissioners 

                  	
                    $2,304,357.00

                  
	
                    14-030-577
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    14-Nov-05

                  	
                    Resurfacing
                      

                  	
                    Franklin
                      County Commission, Alabama 

                  	
                    $307,455.67

                  
	
                    14-026-907
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    29-Aug-06

                  	
                    License
&
                      Permit 

                  	
                    Franklin
                      County Commission, Alabama 

                  	
                    $5,000.00

                  
	
                    14-029-036
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    01-Jul-06

                  	
                    Utility
                      Deposit 

                  	
                    Franklin
                      Electrical Corporation 

                  	
                    $1,000.00

                  
	
                    14-030-191
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Manassas
                      

                  	
                    19-Apr-06

                  	
                    Class
                      B -
                      Excavation 

                  	
                    Frederick
                      County Sanitation Authority, Virginia 

                  	
                    $630,407.80

                  
	
                    14-029-015
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Stephensn

                  	
                    29-Nov-05

                  	
                    License
&
                      Permit 

                  	
                    Frederick
                      County, Virginia 

                  	
                    $70,000.00

                  
	
                    14-026-986
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Wtr
                      Haven

                  	
                    18-Aug-03

                  	
                    Resurfacing
                      

                  	
                    Freedom
                      Pipeline Corporation 

                  	
                    $2,355,554.48

                  
	
                    14-028-800
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Peachtree

                  	
                    25-Mar-06

                  	
                    Completion/Landscape
                      

                  	
                    Fulton
                      County
                      Dept Environment & Community Develop

                  	
                    $55,000.00

                  
	
                    14-029-698
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Peachtree

                  	
                    10-Dec-04

                  	
                    Subdivision
                      Bond 

                  	
                    Fulton
                      County
                      Dept Environment & Community Develop

                  	
                    $53,020.00

                  
	
                    14-028-801
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Peachtree

                  	
                    26-Mar-05

                  	
                    Maintenance
                      

                  	
                    Fulton
                      County
                      Dept Environment & Community Develop

                  	
                    $45,000.00

                  

          

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      
        
          
            ALL
              OPEN APAC SURETY BONDS

            AS
              OF AUGUST 16, 2006

          

        

        
          
            	Bond
                    Number	Open/Final 	Principal	Location	Executed	Classification	Obligee	Bond
                    Amount 
	
                    14-030-590
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Jacksonvl

                  	
                    19-Jan-06

                  	
                    Resurfacing
                      

                  	
                    Gainesville-Alachua
                      County Regional Airport Auth 

                  	
                    $75,000.00

                  
	
                    14-029-892
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Manassas
                      

                  	
                    28-Dec-04

                  	
                    New
                      Construction 

                  	
                    General
                      Excavation, Inc. 

                  	
                    $1,133,794.15

                  
	
                    14-030-193
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Manassas
                      

                  	
                    30-Jun-06

                  	
                    New
                      Construction 

                  	
                    General
                      Excavation, Inc. 

                  	
                    $99,293.00

                  
	
                    14-030-572
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Dothan
                      

                  	
                    26-Oct-05

                  	
                    New
                      Construction 

                  	
                    Geneva
                      County
                      Commission, Alabama 

                  	
                    $274,558.00

                  
	
                    14-030-457
                      

                  	
                    O

                  	
                    APAC/C.W.
                      Matthews J/V 

                  	
                    Mac
                      Div
                      

                  	
                    28-Nov-05

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $147,436,542.45

                  
	
                    14-030-448
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Mac
                      Div
                      

                  	
                    16-Sep-05

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $76,727,001.67

                  
	
                    14-030-489
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Mac
                      Div
                      

                  	
                    02-Jun-06

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $54,819,816.48

                  
	
                    14-000-025-0963
                      

                  	
                    O

                  	
                    APAC-Georgia,
                      Inc. 

                  	
                    Savannah
                      

                  	
                    01-Jul-02

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $54,244,149.46

                  
	
                    14-029-735
                      

                  	
                    O

                  	
                    APAC/C.W.
                      Matthews J/V 

                  	
                    Atlanta
                      

                  	
                    15-Aug-05

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $53,951,840.24

                  
	
                    14-030-454
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Mac
                      Div
                      

                  	
                    15-Nov-05

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $30,842,204.16

                  
	
                    14-030-455
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Mac
                      Div
                      

                  	
                    16-Nov-05

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $29,577,198.22

                  
	
                    14-028-823
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Greenv'l
                      

                  	
                    14-Jul-04

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $28,078,679.39

                  
	
                    14-000-025-0491
                      

                  	
                    O

                  	
                    APAC-Georgia,
                      Inc. 

                  	
                    Mac
                      Div
                      

                  	
                    30-Jun-00

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $26,483,400.71

                  
	
                    14-029-706
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Mac
                      Div
                      

                  	
                    14-Feb-05

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $23,605,806.69

                  
	
                    14-000-025-1006
                      

                  	
                    O

                  	
                    APAC-Georgia,
                      Inc. 

                  	
                    Mac
                      Div
                      

                  	
                    20-Dec-02

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $20,438,716.74

                  
	
                    14-000-025-0962
                      

                  	
                    O

                  	
                    APAC-Georgia,
                      Inc. 

                  	
                    Greenv'l
                      

                  	
                    16-May-02

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $19,125,146.20

                  
	
                    14-030-485
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Mac
                      Div
                      

                  	
                    19-May-06

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $17,981,047.81

                  
	
                    14-000-025-0902
                      

                  	
                    O

                  	
                    APAC-Georgia,
                      Inc. 

                  	
                    Mac
                      Div
                      

                  	
                    23-Aug-01

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $14,695,451.78

                  
	
                    14-028-816
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Savannah
                      

                  	
                    14-Jun-04

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $13,624,676.47

                  
	
                    14-025-840
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Augusta
                      

                  	
                    19-Aug-03

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $13,227,075.91

                  
	
                    14-030-442
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Augusta
                      

                  	
                    17-Aug-05

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $11,372,973.44

                  
	
                    14-000-025-0498
                      

                  	
                    O

                  	
                    APAC-Georgia,
                      Inc. 

                  	
                    AtlantaG
                      

                  	
                    17-Aug-00

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $10,886,551.92

                  
	
                    14-028-829
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Mac
                      Div
                      

                  	
                    05-Aug-04

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $9,950,101.72

                  
	
                    14-000-025-1003
                      

                  	
                    O

                  	
                    APAC-Georgia,
                      Inc. 

                  	
                    AtlantaG
                      

                  	
                    22-Nov-02

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $9,626,906.82

                  
	
                    14-025-842
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Atlanta
                      

                  	
                    29-Aug-03

                  	
                    Resurfacing
                      

                  	
                    Georgia
                      DOT
                      

                  	
                    $9,463,213.22

                  
	
                    14-000-025-0961
                      

                  	
                    O

                  	
                    APAC-Georgia,
                      Inc. 

                  	
                    Greenv'l
                      

                  	
                    16-May-02

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $8,915,115.76

                  
	
                    14-000-025-0507
                      

                  	
                    O

                  	
                    APAC-Georgia,
                      Inc. 

                  	
                    Macon
                      

                  	
                    13-Oct-99

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $7,914,279.34

                  
	
                    14-030-450
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Greenv'l
                      

                  	
                    16-Sep-05

                  	
                    Resurfacing
                      

                  	
                    Georgia
                      DOT
                      

                  	
                    $6,798,205.26

                  
	
                    14-000-025-1015
                      

                  	
                    O

                  	
                    APAC-Georgia,
                      Inc. 

                  	
                    Augusta
                      

                  	
                    12-Feb-03

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $6,084,592.68

                  
	
                    14-000-025-0898
                      

                  	
                    O

                  	
                    APAC-Georgia,
                      Inc. 

                  	
                    Mac
                      Div
                      

                  	
                    21-Aug-01

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $4,149,074.59

                  
	
                    14-029-740
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Peachtree

                  	
                    16-Aug-05

                  	
                    Resurfacing
                      

                  	
                    Georgia
                      DOT
                      

                  	
                    $3,854,795.91

                  
	
                    14-000-025-0877
                      

                  	
                    O

                  	
                    APAC-Georgia,
                      Inc. 

                  	
                    Macon
                      

                  	
                    29-May-01

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $3,760,761.40

                  
	
                    14-000-025-0887
                      

                  	
                    O

                  	
                    APAC-Georgia,
                      Inc. 

                  	
                    Mac
                      Div
                      

                  	
                    16-Jul-01

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $3,528,326.11

                  
	
                    14-030-475
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Peachtree

                  	
                    13-Apr-06

                  	
                    Resurfacing
                      

                  	
                    Georgia
                      DOT
                      

                  	
                    $2,995,466.29

                  
	
                    14-028-822
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Athens
                      

                  	
                    08-Jul-04

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $2,552,692.55

                  

          

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      
        
          
            ALL
              OPEN APAC SURETY BONDS

            AS
              OF AUGUST 16, 2006

          

        

        
          
            	Bond
                    Number	Open/Final 	Principal	Location	Executed	Classification	Obligee	Bond
                    Amount 
	
                    14-030-463
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Peachtree

                  	
                    02-Feb-06

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $2,552,212.11

                  
	
                    14-030-486
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Atlanta
                      

                  	
                    19-May-06

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $2,512,754.56

                  
	
                    14-028-837
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Atlanta
                      

                  	
                    15-Sep-04

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $2,476,805.02

                  
	
                    14-028-818
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Peachtree

                  	
                    14-Jun-04

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $2,474,082.05

                  
	
                    14-028-839
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Mac
                      Div
                      

                  	
                    16-Sep-04

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $2,399,586.90

                  
	
                    14-030-451
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Augusta
                      

                  	
                    21-Sep-05

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $2,386,805.05

                  
	
                    14-028-802
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Atlanta
                      

                  	
                    09-Apr-04

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $2,100,370.43

                  
	
                    14-030-465
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Peachtree

                  	
                    14-Feb-06

                  	
                    Resurfacing
                      

                  	
                    Georgia
                      DOT
                      

                  	
                    $1,948,676.22

                  
	
                    14-030-444
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Greenv'l
                      

                  	
                    17-Aug-05

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $1,901,831.02

                  
	
                    14-028-434
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Gainesv'l

                  	
                    22-Dec-03

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $1,806,269.60

                  
	
                    14-025-837
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Atlanta
                      

                  	
                    14-Aug-03

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $1,740,290.21

                  
	
                    14-028-838
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Mac
                      Div
                      

                  	
                    16-Sep-04

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $1,696,196.40

                  
	
                    14-030-479
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Atlanta
                      

                  	
                    19-Apr-06

                  	
                    Resurfacing
                      

                  	
                    Georgia
                      DOT
                      

                  	
                    $1,575,480.74

                  
	
                    14-028-803
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Peachtree

                  	
                    12-Apr-04

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $1,572,246.32

                  
	
                    14-029-701
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Atlanta
                      

                  	
                    10-Jan-05

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $1,544,843.60

                  
	
                    14-025-821
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Atlanta
                      

                  	
                    03-Jun-03

                  	
                    Resurfacing
                      

                  	
                    Georgia
                      DOT
                      

                  	
                    $1,543,622.75

                  
	
                    14-000-025-1019
                      

                  	
                    O

                  	
                    APAC-Georgia,
                      Inc. 

                  	
                    Peachtree

                  	
                    10-Feb-03

                  	
                    Resurfacing
                      

                  	
                    Georgia
                      DOT
                      

                  	
                    $1,515,510.75

                  
	
                    14-028-438
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Mac
                      Div
                      

                  	
                    05-Feb-04

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $1,442,863.75

                  
	
                    14-028-826
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Athens
                      

                  	
                    21-Jul-04

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $1,439,874.84

                  
	
                    14-028-840
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Gainesv'l

                  	
                    22-Sep-04

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $1,399,573.35

                  
	
                    14-030-447
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Atlanta
                      

                  	
                    13-Sep-05

                  	
                    Resurfacing
                      

                  	
                    Georgia
                      DOT
                      

                  	
                    $1,370,621.34

                  
	
                    14-029-713
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Peachtree

                  	
                    19-Apr-05

                  	
                    Resurfacing
                      

                  	
                    Georgia
                      DOT
                      

                  	
                    $1,307,186.16

                  
	
                    14-030-464
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Peachtree

                  	
                    14-Feb-06

                  	
                    Resurfacing
                      

                  	
                    Georgia
                      DOT
                      

                  	
                    $1,298,941.73

                  
	
                    14-030-467
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    GA
                      Div.
                      

                  	
                    14-Feb-06

                  	
                    Resurfacing
                      

                  	
                    Georgia
                      DOT
                      

                  	
                    $1,223,528.73

                  
	
                    14-029-711
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Augusta
                      

                  	
                    18-Mar-05

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $1,211,832.50

                  
	
                    14-030-476
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Augusta
                      

                  	
                    14-Apr-06

                  	
                    Resurfacing
                      

                  	
                    Georgia
                      DOT
                      

                  	
                    $1,165,422.82

                  
	
                    14-030-445
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Atlanta
                      

                  	
                    25-Aug-05

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $1,116,752.31

                  
	
                    14-030-470
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Peachtree

                  	
                    20-Mar-06

                  	
                    New
                      Construction 

                  	
                    Georgia
                      DOT
                      

                  	
                    $1,113,920.40

                  
	
                    14-029-727
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Augusta
                      

                  	
                    19-Jul-05

                  	
                    Resurfacing
                      

                  	
                    Georgia
                      DOT
                      

                  	
                    $1,053,646.65

                  
	
                    14-038-703
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Atlanta
                      

                  	
                    13-Jun-06

                  	
                    Resurfacing
                      

                  	
                    Georgia
                      DOT
                      

                  	
                    $972,856.89

                  
	
                    14-030-469
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Augusta
                      

                  	
                    15-Mar-06

                  	
                    Resurfacing
                      

                  	
                    Georgia
                      DOT
                      

                  	
                    $936,842.35

                  
	
                    14-038-714
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Augusta
                      

                  	
                    14-Jul-06

                  	
                    Resurfacing
                      

                  	
                    Georgia
                      DOT
                      

                  	
                    $847,918.13

                  
	
                    14-038-707
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Augusta
                      

                  	
                    20-Jun-06

                  	
                    Resurfacing
                      

                  	
                    Georgia
                      DOT
                      

                  	
                    $795,341.99

                  
	
                    14-038-712
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Atlanta
                      

                  	
                    10-Jul-06

                  	
                    Resurfacing
                      

                  	
                    Georgia
                      DOT
                      

                  	
                    $737,830.84

                  
	
                    14-030-466
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Peachtree

                  	
                    14-Feb-06

                  	
                    Resurfacing
                      

                  	
                    Georgia
                      DOT
                      

                  	
                    $676,245.82

                  

          

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      
        
          
            ALL
              OPEN APAC SURETY BONDS

            AS
              OF AUGUST 16, 2006

          

        

        
          
            	Bond
                    Number	Open/Final 	Principal	Location	Executed	Classification	Obligee	Bond
                    Amount 
	
                    14-038-713
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Atlanta
                      

                  	
                    17-Jul-06

                  	
                    Resurfacing
                      

                  	
                    Georgia
                      DOT
                      

                  	
                    $440,361.69

                  
	
                    14-038-708
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Atlanta
                      

                  	
                    26-Jun-06

                  	
                    Resurfacing
                      

                  	
                    Georgia
                      DOT
                      

                  	
                    $318,436.73

                  
	
                    14-028-422
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Peachtree

                  	
                    13-Nov-05

                  	
                    Right-of-Way
                      or Encroachment 

                  	
                    Georgia
                      DOT
                      

                  	
                    $20,000.00

                  
	
                    14-028-419
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Greenv'l
                      

                  	
                    01-Jan-06

                  	
                    Sales
&
                      Use Tax 

                  	
                    Georgia
                      Revenue Commission 

                  	
                    $50,000.00

                  
	
                    14-028-420
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    GA
                      Div.
                      

                  	
                    01-Jan-06

                  	
                    Sales
&
                      Use Tax 

                  	
                    Georgia
                      Revenue Commission 

                  	
                    $50,000.00

                  
	
                    14-025-827
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Atlanta
                      

                  	
                    01-Mar-06

                  	
                    Special
                      Fuel/Motor Fuel Tax 

                  	
                    Georgia
                      Revenue Commission 

                  	
                    $14,000.00

                  
	
                    14-025-854
                      

                  	
                    O

                  	
                    APAC-Georgia,
                      Inc. 

                  	
                    Jacksonvl

                  	
                    29-Dec-05

                  	
                    Special
                      Fuel/Motor Fuel Tax 

                  	
                    Georgia
                      Revenue Commission 

                  	
                    $10,000.00

                  
	
                    14-038-711
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Peachtree

                  	
                    29-Jun-06

                  	
                    Payment
                      Bond
                      

                  	
                    Georgia
                      State
                      Financing and Investment Commission 

                  	
                    $200,000.00

                  
	
                    14-028-630
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Wtr
                      Haven

                  	
                    30-Dec-04

                  	
                    New
                      Construction 

                  	
                    Gilbert
&
                      Southern Corporation 

                  	
                    $3,710,211.04

                  
	
                    14-028-755
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Tampa
                      

                  	
                    14-Jun-05

                  	
                    Resurfacing
                      

                  	
                    Gilbert
&
                      Southern Corporation 

                  	
                    $3,543,212.95

                  
	
                    14-028-621
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Tampa
                      

                  	
                    22-Sep-04

                  	
                    Resurfacing
                      

                  	
                    Gilbert
&
                      Southern Corporation 

                  	
                    $1,130,211.05

                  
	
                    14-030-269
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Augusta
                      

                  	
                    07-Nov-05

                  	
                    Resurfacing
                      

                  	
                    Gilbert
&
                      Southern Corporation 

                  	
                    $16,709.00

                  
	
                    14-030-326
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Memphis
                      

                  	
                    19-Jul-05

                  	
                    New
                      Construction 

                  	
                    Gilbert
                      Central Corporation 

                  	
                    $3,464,673.80

                  
	
                    14-037-152
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Danville
                      

                  	
                    13-Feb-06

                  	
                    New
                      Construction 

                  	
                    Gillam
&
                      Associates, Inc. 

                  	
                    $1,415,512.40

                  
	
                    14-030-301
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Asheville

                  	
                    24-Oct-05

                  	
                    Resurfacing
                      

                  	
                    Global
                      Construction, Inc. (North Carolina) 

                  	
                    $99,850.00

                  
	
                    14-030-149
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Columbus
                      

                  	
                    01-Aug-05

                  	
                    Resurfacing
                      

                  	
                    Golden
                      Triangle Regional Airport Authority 

                  	
                    $1,703,279.75

                  
	
                    14-030-637
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Tampa
                      

                  	
                    06-Jun-06

                  	
                    Contractor's
                      License/Tax 

                  	
                    Governor
                      of
                      the State of Florida 

                  	
                    $5,000.00

                  
	
                    14-026-516
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Dallas
                      

                  	
                    13-Nov-03

                  	
                    Notary
                      Public
                      

                  	
                    Governor
                      of
                      the State of Texas 

                  	
                    $10,000.00

                  
	
                    14-026-521
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Dallas
                      

                  	
                    10-Feb-04

                  	
                    Notary
                      Public
                      

                  	
                    Governor
                      of
                      the State of Texas 

                  	
                    $10,000.00

                  
	
                    14-026-508
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Dallas
                      

                  	
                    09-Apr-03

                  	
                    Notary
                      Public
                      

                  	
                    Governor
                      of
                      the State of Texas 

                  	
                    $10,000.00

                  
	
                    14-026-845
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Beaumont
                      

                  	
                    13-Jun-03

                  	
                    Notary
                      Public
                      

                  	
                    Governor
                      of
                      the State of Texas 

                  	
                    $2,500.00

                  
	
                    14-026-846
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Beaumont
                      

                  	
                    16-Jun-03

                  	
                    Notary
                      Public
                      

                  	
                    Governor
                      of
                      the State of Texas 

                  	
                    $2,500.00

                  
	
                    14-030-576
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Medley
                      

                  	
                    15-Nov-05

                  	
                    Resurfacing
                      

                  	
                    Granite
                      Construction Company (California) 

                  	
                    $2,524,200.00

                  
	
                    14-030-623
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Wtr
                      Haven

                  	
                    14-Dec-05

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Granite
                      Construction Company (California) 

                  	
                    $465,118.25

                  
	
                    14-028-604
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Wtr
                      Haven

                  	
                    05-Apr-04

                  	
                    New
                      Construction 

                  	
                    Granite
                      Construction Company (Florida) 

                  	
                    $2,744,629.50

                  
	
                    14-000-020-0430
                      

                  	
                    O

                  	
                    APAC-Florida,
                      Inc. 

                  	
                    Tampa
                      

                  	
                    26-Aug-02

                  	
                    Resurfacing
                      

                  	
                    Granite
                      Construction Company (Florida) 

                  	
                    $1,811,747.47

                  
	
                    14-026-627
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Knoxville

                  	
                    09-Nov-05

                  	
                    New
                      Construction 

                  	
                    GRC
                      Construction Services, Inc. 

                  	
                    $525,723.00

                  
	
                    14-037-533
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Springfld

                  	
                    25-May-06

                  	
                    New
                      Construction 

                  	
                    Greene
                      County
                      Highway Department 

                  	
                    $872,216.50

                  
	
                    14-028-536
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Springfld

                  	
                    15-Dec-05

                  	
                    Right-of-Way
                      or Encroachment 

                  	
                    Greene
                      County
                      Highway Department 

                  	
                    $10,000.00

                  
	
                    14-030-163
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    15-Nov-05

                  	
                    Resurfacing
                      

                  	
                    H&P
                      Development, Inc. 

                  	
                    $124,721.70

                  
	
                    14-000-040-1868
                      

                  	
                    O

                  	
                    Thompson-Arthur
                      Paving Company

                  	
                    Greensbor

                  	
                    12-Sep-02

                  	
                    New
                      Construction 

                  	
                    Habitat
                      For
                      Humanity (Greensboro) 

                  	
                    $1,111,325.00

                  
	
                    14-038-589
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Danville
                      

                  	
                    10-Jul-06

                  	
                    New
                      Construction 

                  	
                    Halifax
                      County, Virginia 

                  	
                    $263,788.00

                  
	
                    14-029-721
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Atlanta
                      

                  	
                    27-May-05

                  	
                    New
                      Construction 

                  	
                    Hall
                      County
                      Commissioners, Georgia 

                  	
                    $2,522,164.65

                  
	
                    14-029-736
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Atlanta
                      

                  	
                    17-Aug-05

                  	
                    Resurfacing
                      

                  	
                    Hall
                      County
                      Commissioners, Georgia 

                  	
                    $1,582,545.98

                  
	
                    14-026-784
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Greenv'l
                      

                  	
                    29-Apr-05

                  	
                    New
                      Construction 

                  	
                    Harry
                      Pepper
                      & Associates, Inc. 

                  	
                    $2,366,744.00

                  

          

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      
        
          
            ALL
              OPEN APAC SURETY BONDS

            AS
              OF AUGUST 16, 2006

          

        

        
          
            	Bond
                    Number	Open/Final 	Principal	Location	Executed	Classification	Obligee	Bond
                    Amount 
	
                    14-038-689
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    11-Jul-06

                  	
                    New
                      Construction 

                  	
                    Harvey
                      County,
                      Kansas 

                  	
                    $1,009,177.68

                  
	
                    14-037-313
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    12-Jan-06

                  	
                    New
                      Construction 

                  	
                    Harvey
                      County,
                      Kansas 

                  	
                    $985,396.81

                  
	
                    14-026-924
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Medley
                      

                  	
                    27-Jun-03

                  	
                    Resurfacing
                      

                  	
                    Haskell
                      Company 

                  	
                    $7,651,275.00

                  
	
                    14-026-922
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Medley
                      

                  	
                    27-Jun-03

                  	
                    Resurfacing
                      

                  	
                    Haskell
                      Company 

                  	
                    $3,571,816.00

                  
	
                    14-029-611
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    28-Oct-04

                  	
                    New
                      Construction 

                  	
                    Hastings
                      General Contracting, Inc. 

                  	
                    $2,832,706.70

                  
	
                    14-030-488
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Fortson
                      

                  	
                    30-May-06

                  	
                    New
                      Construction 

                  	
                    Heard
                      County
                      Commissioners, Georgia 

                  	
                    $763,246.33

                  
	
                    14-030-468
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Fortson
                      

                  	
                    02-Mar-06

                  	
                    Resurfacing
                      

                  	
                    Heard
                      County
                      Commissioners, Georgia 

                  	
                    $594,883.90

                  
	
                    14-037-468
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Dothan
                      

                  	
                    26-Apr-06

                  	
                    Resurfacing
                      

                  	
                    Henry
                      County
                      Commission, Alabama 

                  	
                    $516,482.30

                  
	
                    14-030-480
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Peachtree

                  	
                    20-Apr-06

                  	
                    New
                      Construction 

                  	
                    Henry
                      County
                      Commissioners, Georgia 

                  	
                    $1,211,860.34

                  
	
                    14-030-484
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Peachtree

                  	
                    03-May-06

                  	
                    New
                      Construction 

                  	
                    Henry
                      County
                      Commissioners, Georgia 

                  	
                    $970,023.19

                  
	
                    14-030-461
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Peachtree

                  	
                    06-Jan-06

                  	
                    New
                      Construction 

                  	
                    Henry
                      County
                      Commissioners, Georgia 

                  	
                    $415,567.47

                  
	
                    14-030-462
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Peachtree

                  	
                    09-Feb-06

                  	
                    New
                      Construction 

                  	
                    Henry
                      County
                      Commissioners, Georgia 

                  	
                    $134,420.10

                  
	
                    14-026-677
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Medley
                      

                  	
                    14-Oct-05

                  	
                    Court
                      

                  	
                    Hertz
                      Equipment Rental (Florida) 

                  	
                    $7,654.79

                  
	
                    14-030-627
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Tampa
                      

                  	
                    10-Feb-06

                  	
                    Resurfacing
                      

                  	
                    Hillsborough
                      County Aviation Authority 

                  	
                    $1,289,097.40

                  
	
                    14-028-752
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Tampa
                      

                  	
                    02-Aug-05

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Hillsborough
                      County Commission, Florida 

                  	
                    $3,200,000.00

                  
	
                    14-030-601
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Tampa
                      

                  	
                    13-Sep-05

                  	
                    License
&
                      Permit 

                  	
                    Hillsborough
                      County Tax Collector 

                  	
                    $2,500.00

                  
	
                    14-030-256
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Alcoa
                      

                  	
                    20-Oct-05

                  	
                    Resurfacing
                      

                  	
                    Hinkle
                      Contracting Corporation 

                  	
                    $38,474.00

                  
	
                    14-029-488
                      

                  	
                    O

                  	
                    Thompson-Arthur
                      Division 

                  	
                    Greensbor

                  	
                    25-Aug-05

                  	
                    New
                      Construction 

                  	
                    Hoar
                      Construction, LLC 

                  	
                    $1,494,663.00

                  
	
                    14-037-442
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Dothan
                      

                  	
                    25-Jan-06

                  	
                    Resurfacing
                      

                  	
                    Holmes
                      County
                      Commissioners, Florida 

                  	
                    $312,000.00

                  
	
                    14-030-182
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Vicksburg

                  	
                    28-Jun-06

                  	
                    Resurfacing
                      

                  	
                    Holmes
                      County
                      Supervisors, Mississippi 

                  	
                    $258,159.70

                  
	
                    14-029-831
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    24-Jan-06

                  	
                    Resurfacing
                      

                  	
                    Horry
                      County,
                      South Carolina 

                  	
                    $712,795.55

                  
	
                    14-029-609
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Dothan
                      

                  	
                    27-Oct-05

                  	
                    Right-of-Way
                      or Encroachment 

                  	
                    Houston
                      County
                      Commission, Alabama 

                  	
                    $72,800.00

                  
	
                    14-029-608
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Dothan
                      

                  	
                    27-Oct-05

                  	
                    Right-of-Way
                      or Encroachment 

                  	
                    Houston
                      County
                      Commission, Alabama 

                  	
                    $34,390.00

                  
	
                    14-029-407
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Dothan
                      

                  	
                    17-Sep-05

                  	
                    Right-of-Way
                      or Encroachment 

                  	
                    Houston
                      County
                      Commission, Alabama 

                  	
                    $31,250.00

                  
	
                    14-030-574
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Dothan
                      

                  	
                    03-Nov-05

                  	
                    Right-of-Way
                      or Encroachment 

                  	
                    Houston
                      County
                      Commission, Alabama 

                  	
                    $24,000.00

                  
	
                    14-029-918
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Sarasota
                      

                  	
                    08-Nov-05

                  	
                    Resurfacing
                      

                  	
                    Hubbard
                      Construction Company 

                  	
                    $5,017,460.76

                  
	
                    14-026-715
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Tampa
                      

                  	
                    08-May-03

                  	
                    Resurfacing
                      

                  	
                    Hubbard
                      Construction Company 

                  	
                    $3,373,891.22

                  
	
                    14-030-626
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Tampa
                      

                  	
                    01-Feb-06

                  	
                    Resurfacing
                      

                  	
                    Hubbard
                      Construction Company 

                  	
                    $1,887,317.92

                  
	
                    14-030-624
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Wtr
                      Haven

                  	
                    14-Dec-05

                  	
                    Resurfacing
                      

                  	
                    Hubbard
                      Construction Company 

                  	
                    $367,899.00

                  
	
                    14-027-009
                      

                  	
                    O

                  	
                    APAC-Florida,
                      Inc. 

                  	
                    Medley
                      

                  	
                    27-Feb-06

                  	
                    Court
                      

                  	
                    Hughes
                      Supply,
                      Inc. 

                  	
                    $29,585.58

                  
	
                    14-000-010-0814
                      

                  	
                    O

                  	
                    Ashburn
&
                      Gray 

                  	
                    Huntsvill

                  	
                    05-Jun-02

                  	
                    New
                      Construction 

                  	
                    Huntsville-Madison
                      County Airport Authority 

                  	
                    $13,273,656.54

                  
	
                    14-037-483
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    22-May-06

                  	
                    New
                      Construction 

                  	
                    Huntsville-Madison
                      County Airport Authority 

                  	
                    $6,494,790.64

                  
	
                    14-030-037
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    27-Apr-05

                  	
                    New
                      Construction 

                  	
                    Huntsville-Madison
                      County Airport Authority 

                  	
                    $1,875,000.00

                  
	
                    14-029-595
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    09-Aug-04

                  	
                    New
                      Construction 

                  	
                    Huntsville-Madison
                      County Airport Authority 

                  	
                    $1,523,832.78

                  
	
                    14-029-830
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Darlingto

                  	
                    24-Jan-06

                  	
                    New
                      Construction 

                  	
                    Independent
                      Builders Development 

                  	
                    $236,478.00

                  

          

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      
        
          
            
              ALL
                OPEN APAC SURETY BONDS

              AS
                OF AUGUST 16, 2006

            

          

          
            
              	Bond
                      Number	Open/Final 	Principal	Location	
                      Execution

                    	Classification	Obligee	Bond
                      Amount 
	
                      14-029-205
                        

                    	
                      O

                    	
                      APAC-Kansas,
                        Inc. 

                    	
                      KS
                        City
                        

                    	
                      05-Apr-06

                    	
                      Payment
                        Bond
                        

                    	
                      International
                        Union of Operating Engineers 

                    	
                      $10,000.00

                    
	
                      14-029-748
                        

                    	
                      O

                    	
                      Coastal
                        Carolina Division 

                    	
                      Kinston
                        

                    	
                      18-Oct-04

                    	
                      New
                        Construction 

                    	
                      Ironwood
                        Development, Inc. 

                    	
                      $2,273,014.03

                    
	
                      14-030-477
                        

                    	
                      O

                    	
                      APAC-Southeast,
                        Inc. 

                    	
                      Atlanta
                        

                    	
                      17-Apr-06

                    	
                      Resurfacing
                        

                    	
                      Jackson
                        County
                        Government, Georgia 

                    	
                      $1,658,604.89

                    
	
                      14-026-210
                        

                    	
                      O

                    	
                      Wilkerson-Maxwell
                        

                    	
                      KS
                        City
                        

                    	
                      14-Nov-03

                    	
                      New
                        Construction 

                    	
                      James
                        Cape
                        & Sons Company 

                    	
                      $2,575,396.20

                    
	
                      14-025-871
                        

                    	
                      O

                    	
                      APAC-Mississippi,
                        Inc. 

                    	
                      Jackson
                        

                    	
                      02-Jun-06

                    	
                      Court
                        

                    	
                      James
                        Lee
                        Goodman 

                    	
                      $500,000.00

                    
	
                      14-026-693
                        

                    	
                      O

                    	
                      APAC-Alabama,
                        Inc. 

                    	
                      Birminghm

                    	
                      05-Jan-06

                    	
                      Petroleum
                        Tax
                        

                    	
                      Jefferson
                        County, Alabama 

                    	
                      $1,000.00

                    
	
                      14-029-946
                        

                    	
                      O

                    	
                      APAC-Texas,
                        Inc. 

                    	
                      Beaumont
                        

                    	
                      06-Sep-05

                    	
                      Resurfacing
                        

                    	
                      Jefferson
                        County, Texas 

                    	
                      $462,391.18

                    
	
                      14-000-060-0246
                        

                    	
                      O

                    	
                      APAC-Texas,
                        Inc. 

                    	
                      Beaumont
                        

                    	
                      12-Dec-02

                    	
                      New
                        Construction 

                    	
                      Jefferson
                        County, Texas 

                    	
                      $233,629.48

                    
	
                      14-026-884
                        

                    	
                      O

                    	
                      APAC-Southeast,
                        Inc. 

                    	
                      Huntsvill

                    	
                      08-Aug-06

                    	
                      Utility
                        Deposit 

                    	
                      Joe
                        Wheeler
                        EMC 

                    	
                      $5,000.00

                    
	
                      14-027-002
                        

                    	
                      O

                    	
                      APAC-Southeast,
                        Inc. 

                    	
                      Wtr
                        Haven

                    	
                      08-Jan-04

                    	
                      Resurfacing
                        

                    	
                      Johnson
                        Brothers Corporation 

                    	
                      $1,213,672.55

                    
	
                      14-000-020-0712
                        

                    	
                      O

                    	
                      Macasphalt
                        

                    	
                      Wtr
                        Haven

                    	
                      07-Mar-02

                    	
                      Maintenance
                        

                    	
                      Johnson
                        Brothers Corporation 

                    	
                      $160,236.28

                    
	
                      14-026-222
                        

                    	
                      O

                    	
                      APAC-Kansas,
                        Inc. 

                    	
                      Overland
                        

                    	
                      22-Jun-05

                    	
                      Miscellaneous
                        

                    	
                      Johnson
                        County
                        Unified Wastewater Districts 

                    	
                      $1,200.00

                    
	
                      14-000-020-0330
                        

                    	
                      O

                    	
                      Ballenger
                        Paving Co Inc 

                    	
                      Greenv'l
                        

                    	
                      05-Apr-02

                    	
                      New
                        Construction 

                    	
                      Jones
                        Brothers, Inc. 

                    	
                      $4,275,905.78

                    
	
                      14-037-171
                        

                    	
                      O

                    	
                      Kansas
                        City
                        Div., APAC-Kansas 

                    	
                      KS
                        City
                        

                    	
                      29-Nov-05

                    	
                      Class
                        B -
                        Excavation 

                    	
                      Kansas
                        City
                        Terminal Railway Company (KCT) 

                    	
                      $167,200.00

                    
	
                      14-026-858
                        

                    	
                      O

                    	
                      Shears
                        Division, APAC-Kansas 

                    	
                      Hutchinsn

                    	
                      13-Mar-06

                    	
                      Closure
                        Performance 

                    	
                      Kansas
                        Departmentt of Health & Environment 

                    	
                      $11,010.00

                    
	
                      14-037-320
                        

                    	
                      O

                    	
                      Shears
                        Division, APAC-Kansas 

                    	
                      Hutchinsn

                    	
                      08-Feb-06

                    	
                      New
                        Construction 

                    	
                      Kansas
                        DOT
                        

                    	
                      $21,047,662.17

                    
	
                      14-028-579
                        

                    	
                      O

                    	
                      Shears
                        Division, APAC-Kansas 

                    	
                      Hutchinsn

                    	
                      17-Feb-04

                    	
                      New
                        Construction 

                    	
                      Kansas
                        DOT
                        

                    	
                      $15,908,221.28

                    
	
                      14-028-571
                        

                    	
                      O

                    	
                      Shears
                        Division, APAC-Kansas 

                    	
                      Hutchinsn

                    	
                      03-Feb-04

                    	
                      Resurfacing
                        

                    	
                      Kansas
                        DOT
                        

                    	
                      $14,832,051.91

                    
	
                      14-026-115
                        

                    	
                      O

                    	
                      APAC-Kansas,
                        Inc. 

                    	
                      Overland
                        

                    	
                      05-May-03

                    	
                      Resurfacing
                        

                    	
                      Kansas
                        DOT
                        

                    	
                      $13,737,626.88

                    
	
                      14-037-337
                        

                    	
                      O

                    	
                      Shears
                        Division, APAC-Kansas 

                    	
                      Hutchinsn

                    	
                      15-Mar-06

                    	
                      New
                        Construction 

                    	
                      Kansas
                        DOT
                        

                    	
                      $10,749,599.02

                    
	
                      14-030-013
                        

                    	
                      O

                    	
                      Reno
                        Branch,
                        Div. APAC-Kansas 

                    	
                      Overland
                        

                    	
                      29-Jun-05

                    	
                      New
                        Construction 

                    	
                      Kansas
                        DOT
                        

                    	
                      $10,377,583.50

                    
	
                      14-030-390
                        

                    	
                      O

                    	
                      Shears
                        Division, APAC-Kansas 

                    	
                      Hutchinsn

                    	
                      05-Dec-05

                    	
                      New
                        Construction 

                    	
                      Kansas
                        DOT
                        

                    	
                      $9,403,351.70

                    
	
                      14-030-012
                        

                    	
                      O

                    	
                      Reno
                        Branch,
                        Div. APAC-Kansas 

                    	
                      Overland
                        

                    	
                      29-Jun-05

                    	
                      New
                        Construction 

                    	
                      Kansas
                        DOT
                        

                    	
                      $6,943,918.80

                    
	
                      14-030-352
                        

                    	
                      O

                    	
                      Shears
                        Division, APAC-Kansas 

                    	
                      Hutchinsn

                    	
                      03-Aug-05

                    	
                      New
                        Construction 

                    	
                      Kansas
                        DOT
                        

                    	
                      $6,906,309.86

                    
	
                      14-030-351
                        

                    	
                      O

                    	
                      Shears
                           Division, APAC-Kansas 

                    	
                      Hutchinsn

                    	
                      03-Aug-05

                    	
                      New
                        Construction 

                    	
                      Kansas
                        DOT
                        

                    	
                      $6,607,638.52

                    
	
                      14-030-002
                        

                    	
                      O

                    	
                      Shears
                        Division, APAC-Kansas 

                    	
                      Hutchinsn

                    	
                      03-Jun-05

                    	
                      Resurfacing
                        

                    	
                      Kansas
                        DOT
                        

                    	
                      $6,084,970.38

                    
	
                      14-037-322
                        

                    	
                      O

                    	
                      Shears
                        Division, APAC-Kansas 

                    	
                      Hutchinsn

                    	
                      08-Feb-06

                    	
                      New
                        Construction 

                    	
                      Kansas
                        DOT
                        

                    	
                      $5,976,431.05

                    
	
                      14-029-870
                        

                    	
                      O

                    	
                      Shears
                        Division, APAC-Kansas 

                    	
                      Hutchinsn

                    	
                      09-Feb-05

                    	
                      New
                        Construction 

                    	
                      Kansas
                        DOT
                        

                    	
                      $5,402,773.84

                    
	
                      14-028-574
                        

                    	
                      O

                    	
                      Shears
                        Division, APAC-Kansas 

                    	
                      Hutchinsn

                    	
                      03-Feb-04

                    	
                      Resurfacing
                        

                    	
                      Kansas
                        DOT
                        

                    	
                      $4,929,539.30

                    
	
                      14-037-321
                        

                    	
                      O

                    	
                      Shears
                        Division, APAC-Kansas 

                    	
                      Hutchinsn

                    	
                      08-Feb-06

                    	
                      New
                        Construction 

                    	
                      Kansas
                        DOT
                        

                    	
                      $3,975,033.51

                    
	
                      14-029-561
                        

                    	
                      O

                    	
                      Kansas
                        City
                        Div., APAC-Kansas 

                    	
                      Overland
                        

                    	
                      23-Aug-04

                    	
                      New
                        Construction 

                    	
                      Kansas
                        DOT
                        

                    	
                      $3,897,614.49

                    
	
                      14-037-327
                        

                    	
                      O

                    	
                      Shears
                        Division, APAC-Kansas 

                    	
                      Hutchinsn

                    	
                      08-Feb-06

                    	
                      Resurfacing
                        

                    	
                      Kansas
                        DOT
                        

                    	
                      $3,506,855.86

                    
	
                      14-037-292
                        

                    	
                      O

                    	
                      Shears
                        Division, APAC-Kansas 

                    	
                      Hutchinsn

                    	
                      05-Dec-05

                    	
                      Resurfacing
                        

                    	
                      Kansas
                        DOT
                        

                    	
                      $3,394,834.29

                    
	
                      14-030-389
                        

                    	
                      O

                    	
                      Shears
                        Division, APAC-Kansas 

                    	
                      Hutchinsn

                    	
                      14-Dec-05

                    	
                      New
                        Construction 

                    	
                      Kansas
                        DOT
                        

                    	
                      $3,018,811.74

                    
	
                      14-037-299
                        

                    	
                      O

                    	
                      Shears
                        Division, APAC-Kansas 

                    	
                      Hutchinsn

                    	
                      05-Dec-05

                    	
                      Resurfacing
                        

                    	
                      Kansas
                        DOT
                        

                    	
                      $2,739,758.88

                    

            

          

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      
        
          
            ALL
              OPEN APAC SURETY BONDS

            AS
              OF AUGUST 16, 2006

          

        

        
          
            	Bond
                    Number	Open/Final 	Principal	Location	Executed	Classification	Obligee	Bond
                    Amount 
	
                    14-037-324
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    08-Feb-06

                  	
                    Resurfacing
                      

                  	
                    Kansas
                      DOT
                      

                  	
                    $2,693,508.04

                  
	
                    14-037-293
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    05-Dec-05

                  	
                    Resurfacing
                      

                  	
                    Kansas
                      DOT
                      

                  	
                    $2,613,534.69

                  
	
                    14-037-325
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    08-Feb-06

                  	
                    Resurfacing
                      

                  	
                    Kansas
                      DOT
                      

                  	
                    $2,325,578.34

                  
	
                    14-037-326
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    16-Feb-06

                  	
                    Resurfacing
                      

                  	
                    Kansas
                      DOT
                      

                  	
                    $2,025,070.67

                  
	
                    14-037-296
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    05-Dec-05

                  	
                    Resurfacing
                      

                  	
                    Kansas
                      DOT
                      

                  	
                    $1,942,848.68

                  
	
                    14-037-297
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    05-Dec-05

                  	
                    Resurfacing
                      

                  	
                    Kansas
                      DOT
                      

                  	
                    $1,919,865.98

                  
	
                    14-029-862
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    14-Jan-05

                  	
                    New
                      Construction 

                  	
                    Kansas
                      DOT
                      

                  	
                    $1,860,171.05

                  
	
                    14-037-301
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    05-Dec-05

                  	
                    Resurfacing
                      

                  	
                    Kansas
                      DOT
                      

                  	
                    $1,774,906.69

                  
	
                    14-037-300
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    05-Dec-05

                  	
                    Resurfacing
                      

                  	
                    Kansas
                      DOT
                      

                  	
                    $1,746,238.20

                  
	
                    14-029-852
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    14-Dec-04

                  	
                    Resurfacing
                      

                  	
                    Kansas
                      DOT
                      

                  	
                    $1,726,940.73

                  
	
                    14-037-175
                      

                  	
                    O

                  	
                    Wilkerson-Maxwell
                      

                  	
                    KS
                      City
                      

                  	
                    07-Mar-06

                  	
                    New
                      Construction 

                  	
                    Kansas
                      DOT
                      

                  	
                    $1,707,425.50

                  
	
                    14-037-328
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    08-Feb-06

                  	
                    Resurfacing
                      

                  	
                    Kansas
                      DOT
                      

                  	
                    $1,649,270.55

                  
	
                    14-029-890
                      

                  	
                    O

                  	
                    Reno
                      Branch,
                      Div. APAC-Kansas 

                  	
                    Overland
                      

                  	
                    02-Mar-05

                  	
                    New
                      Construction 

                  	
                    Kansas
                      DOT
                      

                  	
                    $1,511,742.15

                  
	
                    14-037-295
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    05-Dec-05

                  	
                    Resurfacing
                      

                  	
                    Kansas
                      DOT
                      

                  	
                    $1,449,291.60

                  
	
                    14-028-344
                      

                  	
                    O

                  	
                    Reno
                      Branch,
                      Div. APAC-Kansas 

                  	
                    KS
                      City
                      

                  	
                    16-Sep-03

                  	
                    New
                      Construction 

                  	
                    Kansas
                      DOT
                      

                  	
                    $1,313,987.43

                  
	
                    14-029-849
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    17-Nov-04

                  	
                    New
                      Construction 

                  	
                    Kansas
                      DOT
                      

                  	
                    $1,234,617.76

                  
	
                    14-037-298
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    05-Dec-05

                  	
                    Resurfacing
                      

                  	
                    Kansas
                      DOT
                      

                  	
                    $1,230,452.11

                  
	
                    14-029-858
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    14-Dec-04

                  	
                    Resurfacing
                      

                  	
                    Kansas
                      DOT
                      

                  	
                    $1,215,431.22

                  
	
                    14-038-658
                      

                  	
                    O

                  	
                    Reno
                      Branch,
                      Div. APAC-Kansas 

                  	
                    Overland
                      

                  	
                    17-Apr-06

                  	
                    Resurfacing
                      

                  	
                    Kansas
                      DOT
                      

                  	
                    $1,074,623.68

                  
	
                    14-029-871
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    09-Feb-05

                  	
                    Resurfacing
                      

                  	
                    Kansas
                      DOT
                      

                  	
                    $1,063,957.75

                  
	
                    14-037-291
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    05-Dec-05

                  	
                    Resurfacing
                      

                  	
                    Kansas
                      DOT
                      

                  	
                    $998,644.75

                  
	
                    14-037-338
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    15-Mar-06

                  	
                    New
                      Construction 

                  	
                    Kansas
                      DOT
                      

                  	
                    $666,911.45

                  
	
                    14-037-311
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    05-Jan-06

                  	
                    Resurfacing
                      

                  	
                    Kansas
                      DOT
                      

                  	
                    $525,269.10

                  
	
                    14-030-377
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    25-Oct-05

                  	
                    New
                      Construction 

                  	
                    Kansas
                      DOT
                      

                  	
                    $503,396.43

                  
	
                    14-037-323
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    23-Feb-06

                  	
                    Resurfacing
                      

                  	
                    Kansas
                      DOT
                      

                  	
                    $454,243.00

                  
	
                    14-037-339
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    15-Mar-06

                  	
                    New
                      Construction 

                  	
                    Kansas
                      DOT
                      

                  	
                    $222,836.00

                  
	
                    14-038-687
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    13-Jul-06

                  	
                    Resurfacing
                      

                  	
                    Kansas
                      DOT
                      

                  	
                    $80,956.53

                  
	
                    14-037-294
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    05-Dec-05

                  	
                    Resurfacing
                      

                  	
                    Kansas
                      DOT
                      

                  	
                    $22,590.58

                  
	
                    14-030-224
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Salina
                      

                  	
                    05-Jun-06

                  	
                    New
                      Construction 

                  	
                    Kansas
                      State
                      University 

                  	
                    $196,432.35

                  
	
                    14-029-887
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    01-Mar-05

                  	
                    Resurfacing
                      

                  	
                    Kansas
                      Turnpike Authority (Wichita) 

                  	
                    $4,636,857.74

                  
	
                    14-038-682
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    20-Jun-06

                  	
                    New
                      Construction 

                  	
                    Key
                      Construction, Inc. (Kansas) 

                  	
                    $232,270.00

                  
	
                    14-000-035-0575
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    01-Feb-01

                  	
                    New
                      Construction 

                  	
                    Key
                      Constructors, Inc. (Mississippi) 

                  	
                    $4,449,350.50

                  
	
                    14-025-885
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    11-Nov-03

                  	
                    Resurfacing
                      

                  	
                    Key,
                      LLC
                      

                  	
                    $4,405,043.00

                  
	
                    14-030-419
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hays
                      

                  	
                    27-Apr-06

                  	
                    Resurfacing
                      

                  	
                    King
                      Construction Company, Inc 

                  	
                    $218,235.58

                  
	
                    14-030-218
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Salina
                      

                  	
                    16-Jan-06

                  	
                    Resurfacing
                      

                  	
                    King
                      Construction Company, Inc 

                  	
                    $95,250.80

                  

          

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      
        
          
            ALL
              OPEN APAC SURETY BONDS

            AS
              OF AUGUST 16, 2006

          

        

        
          
            	Bond
                    Number	Open/Final 	Principal	Location	Executed	Classification	Obligee	Bond
                    Amount 
	
                    14-038-674
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    05-Jun-06

                  	
                    Resurfacing
                      

                  	
                    Klaver
                      Construction Company, Inc. (Kansas) 

                  	
                    $221,966.20

                  
	
                    14-028-381
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Alcoa
                      

                  	
                    15-Aug-04

                  	
                    New
                      Construction 

                  	
                    Knox
                      County,
                      Tennessee 

                  	
                    $4,712,115.53

                  
	
                    14-000-055-0469
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Knoxville

                  	
                    06-May-02

                  	
                    New
                      Construction 

                  	
                    Knox
                      County,
                      Tennessee 

                  	
                    $4,097,672.09

                  
	
                    14-026-764
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Darlingto

                  	
                    30-Nov-03

                  	
                    Resurfacing
                      

                  	
                    L.
                      Dean Weaver
                      Construction Company, Inc. 

                  	
                    $4,606,508.15

                  
	
                    14-029-315
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    01-Jun-05

                  	
                    Resurfacing
                      

                  	
                    L.
                      Dean Weaver
                      Construction Company, Inc. 

                  	
                    $1,052,727.15

                  
	
                    14-030-258
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Alcoa
                      

                  	
                    18-Nov-05

                  	
                    New
                      Construction 

                  	
                    Lake
                      Developers II, LLC 

                  	
                    $2,046,231.73

                  
	
                    14-029-741
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    16-Sep-04

                  	
                    Resurfacing
                      

                  	
                    Lanier
                      Construction Company, Inc. 

                  	
                    $2,598,617.00

                  
	
                    14-030-560
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    01-Oct-05

                  	
                    Resurfacing
                      

                  	
                    Lauderdale
                      County Commission, Alabama 

                  	
                    $1,284,110.00

                  
	
                    14-029-408
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    29-Sep-04

                  	
                    Resurfacing
                      

                  	
                    Lauderdale
                      County Commission, Alabama 

                  	
                    $1,284,110.00

                  
	
                    14-038-659
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    29-Mar-06

                  	
                    Resurfacing
                      

                  	
                    Law
                      Company,
                      Inc. 

                  	
                    $56,251.00

                  
	
                    14-026-018
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Ft
                      Myers
                      

                  	
                    31-Mar-04

                  	
                    New
                      Construction & Maintenance

                  	
                    Lee
                      County
                      Commissioners, Florida 

                  	
                    $7,828,438.34

                  
	
                    14-026-016
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Ft
                      Myers
                      

                  	
                    19-Mar-04

                  	
                    New
                      Construction 

                  	
                    Lee
                      County
                      Commissioners, Florida 

                  	
                    $6,848,607.44

                  
	
                    14-026-026
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Ft
                      Myers
                      

                  	
                    19-Dec-05

                  	
                    Resurfacing
                      

                  	
                    Lee
                      County
                      Commissioners, Florida 

                  	
                    $2,526,640.05

                  
	
                    14-026-012
                      

                  	
                    O

                  	
                    APAC-Florida,
                      Inc. 

                  	
                    Sarasota
                      

                  	
                    07-Jul-06

                  	
                    Highway
                      Use/Excess Weight 

                  	
                    Lee
                      County
                      Commissioners, Florida 

                  	
                    $25,000.00

                  
	
                    14-030-391
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Birminghm

                  	
                    11-Oct-05

                  	
                    New
                      Construction 

                  	
                    Lee
                      Land
                      Development 

                  	
                    $502,587.79

                  
	
                    14-030-330
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Memphis
                      

                  	
                    02-Aug-05

                  	
                    New
                      Construction 

                  	
                    Little
                      Rock
                      Municipal Airport Commission 

                  	
                    $5,950,316.11

                  
	
                    14-030-265
                      

                  	
                    O

                  	
                    Harrison
                      Div.,
                      APAC-Tennessee 

                  	
                    Alcoa
                      

                  	
                    11-May-06

                  	
                    New
                      Construction 

                  	
                    Loudon
                      County,
                      Tennessee 

                  	
                    $205,724.07

                  
	
                    14-025-881
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    02-Aug-05

                  	
                    Highway
                      Use/Excess Weight 

                  	
                    Louisiana
                      DOT
                      

                  	
                    $1,000.00

                  
	
                    14-037-241
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    12-Oct-05

                  	
                    New
                      Construction 

                  	
                    Lowe's
                      Home
                      Centers, Inc. 

                  	
                    $1,490,570.70

                  
	
                    14-030-177
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    04-May-06

                  	
                    Resurfacing
                      

                  	
                    Lowndes
                      County
                      Supervisors, Mississippi 

                  	
                    $753,512.08

                  
	
                    14-000-065-0509
                      

                  	
                    O

                  	
                    APAC-Virginia,
                      Inc. 

                  	
                    Stephensn

                  	
                    04-Mar-02

                  	
                    New
                      Construction 

                  	
                    Luray-Page
                      County Airport Commission 

                  	
                    $1,365,675.25

                  
	
                    14-026-859
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    31-Jan-06

                  	
                    Reclamation
                      

                  	
                    Lyon
                      County
                      Planning Board, Kansas 

                  	
                    $200,000.00

                  
	
                    14-030-709
                      

                  	
                    O

                  	
                    McClinton-Anchor
                      

                  	
                    Fayett-AR

                  	
                    28-Jun-06

                  	
                    Resurfacing
                      

                  	
                    M.J.
                      Lee
                      Construction Company 

                  	
                    $2,581,732.80

                  
	
                    14-030-157
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    19-Oct-05

                  	
                    Resurfacing
                      

                  	
                    Magnolia
                      Regional Health Center (Mississippi) 

                  	
                    $218,665.17

                  
	
                    14-030-175
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    14-Apr-06

                  	
                    Resurfacing
                      

                  	
                    Marion
                      County
                      Supervisors, Mississippi 

                  	
                    $91,850.00

                  
	
                    14-028-404
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Manassas
                      

                  	
                    28-Jan-04

                  	
                    New
                      Construction 

                  	
                    Martin
&
                      Gass, Inc. 

                  	
                    $2,950,647.76

                  
	
                    14-028-611
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Wtr
                      Haven

                  	
                    25-May-04

                  	
                    New
                      Construction 

                  	
                    Martin
                      K. Eby
                      Construction Company, Inc. 

                  	
                    $1,811,056.64

                  
	
                    14-028-598
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Wtr
                      Haven

                  	
                    09-Feb-04

                  	
                    Resurfacing
                      

                  	
                    Martin
                      K. Eby
                      Construction Company, Inc. 

                  	
                    $1,376,398.27

                  
	
                    14-026-628
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Knoxville

                  	
                    27-Mar-06

                  	
                    New
                      Construction 

                  	
                    MCDR
                      Inc.
                      

                  	
                    $1,205,543.00

                  
	
                    14-037-304
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Tulsa
                      

                  	
                    08-Dec-05

                  	
                    New
                      Construction 

                  	
                    McMaster
                      Construction, Inc. 

                  	
                    $1,140,405.47

                  
	
                    14-029-042
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Memphis
                      

                  	
                    09-Jul-04

                  	
                    New
                      Construction 

                  	
                    Memphis-Shelby
                      Co Airport Auth & City of Memphis 

                  	
                    $26,201,087.85

                  
	
                    14-029-052
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Memphis
                      

                  	
                    05-Oct-05

                  	
                    New
                      Construction 

                  	
                    Memphis-Shelby
                      County Airport Authority 

                  	
                    $27,298,436.55

                  
	
                    14-027-045
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Medley
                      

                  	
                    20-Jan-06

                  	
                    Miscellaneous
                      

                  	
                    Miami-Dade
                      County Commission 

                  	
                    $455,385.00

                  
	
                    14-027-020
                      

                  	
                    O

                  	
                    APAC-Florida,
                      Inc. 

                  	
                    Medley
                      

                  	
                    20-Dec-05

                  	
                    License
&
                      Permit 

                  	
                    Miami-Dade
                      County Environmental Management 

                  	
                    $4,600.00

                  
	
                    14-030-145
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    30-Jun-06

                  	
                    Reclamation
                      

                  	
                    Mississippi
                      Department Environmental Quality 

                  	
                    $227,800.00

                  

          

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

      

       

      
        
          
            ALL
              OPEN APAC SURETY BONDS

            AS
              OF AUGUST 16, 2006

          

        

        
          
            	Bond
                    Number	Open/Final 	Principal	Location	Executed	Classification	Obligee	Bond
                    Amount 
	
                    14-029-256
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    11-Apr-06

                  	
                    Reclamation
                      

                  	
                    Mississippi
                      Department Environmental Quality 

                  	
                    $78,000.00

                  
	
                    14-025-896
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    19-Sep-05

                  	
                    Reclamation
                      

                  	
                    Mississippi
                      Department Environmental Quality 

                  	
                    $54,000.00

                  
	
                    14-028-444
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Columbus
                      

                  	
                    22-Dec-05

                  	
                    Reclamation
                      

                  	
                    Mississippi
                      Department Environmental Quality 

                  	
                    $40,500.00

                  
	
                    14-028-443
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Columbus
                      

                  	
                    30-Jan-06

                  	
                    Mining
                      Leases
                      & Misc. 

                  	
                    Mississippi
                      Department Environmental Quality 

                  	
                    $13,750.00

                  
	
                    14-025-891
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    08-Sep-05

                  	
                    Mining
                      Leases
                      & Misc. 

                  	
                    Mississippi
                      Department Environmental Quality 

                  	
                    $2,150.00

                  
	
                    14-025-892
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    08-Sep-05

                  	
                    Mining
                      Leases
                      & Misc. 

                  	
                    Mississippi
                      Department Environmental Quality 

                  	
                    $1,650.00

                  
	
                    14-029-252
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Memphis
                      

                  	
                    10-Mar-05

                  	
                    New
                      Construction 

                  	
                    Mississippi
                      DOT 

                  	
                    $53,888,729.18

                  
	
                    14-028-446
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Memphis
                      

                  	
                    11-Mar-04

                  	
                    New
                      Construction 

                  	
                    Mississippi
                      DOT 

                  	
                    $38,562,670.91

                  
	
                    14-030-178
                      

                  	
                    O

                  	
                    APAC-MS
&
                      Superior Asphalt J/V

                  	
                    Jackson
                      

                  	
                    15-May-06

                  	
                    Resurfacing
                      

                  	
                    Mississippi
                      DOT 

                  	
                    $31,326,888.27

                  
	
                    14-000-035-0606
                      

                  	
                    O

                  	
                    APAC-MS
&
                      GA, J/V 

                  	
                    Columbus
                      

                  	
                    20-Aug-01

                  	
                    New
                      Construction 

                  	
                    Mississippi
                      DOT 

                  	
                    $31,030,446.27

                  
	
                    14-000-035-0683
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    03-Mar-03

                  	
                    New
                      Construction 

                  	
                    Mississippi
                      DOT 

                  	
                    $13,993,511.07

                  
	
                    14-025-858
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    11-Apr-03

                  	
                    New
                      Construction 

                  	
                    Mississippi
                      DOT 

                  	
                    $13,577,500.75

                  
	
                    14-000-035-0583
                      

                  	
                    O

                  	
                    APAC-MS
&
                      GA, J/V 

                  	
                    Jackson
                      

                  	
                    19-Mar-01

                  	
                    New
                      Construction 

                  	
                    Mississippi
                      DOT 

                  	
                    $12,524,771.80

                  
	
                    14-029-248
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    09-Feb-05

                  	
                    Resurfacing
                      

                  	
                    Mississippi
                      DOT 

                  	
                    $9,793,359.17

                  
	
                    14-029-245
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    15-Dec-04

                  	
                    Resurfacing
                      

                  	
                    Mississippi
                      DOT 

                  	
                    $8,178,315.60

                  
	
                    14-030-174
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    20-Mar-06

                  	
                    Resurfacing
                      

                  	
                    Mississippi
                      DOT 

                  	
                    $3,922,741.35

                  
	
                    14-029-228
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    18-Aug-04

                  	
                    Resurfacing
                      

                  	
                    Mississippi
                      DOT 

                  	
                    $3,910,570.75

                  
	
                    14-029-259
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    14-Apr-05

                  	
                    Resurfacing
                      

                  	
                    Mississippi
                      DOT 

                  	
                    $3,518,519.55

                  
	
                    14-028-458
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    20-Apr-04

                  	
                    Resurfacing
                      

                  	
                    Mississippi
                      DOT 

                  	
                    $3,109,557.00

                  
	
                    14-029-223
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    24-Jun-04

                  	
                    Resurfacing
                      

                  	
                    Mississippi
                      DOT 

                  	
                    $3,069,740.50

                  
	
                    14-029-232
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    17-Sep-04

                  	
                    Resurfacing
                      

                  	
                    Mississippi
                      DOT 

                  	
                    $2,348,731.00

                  
	
                    14-029-249
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    09-Feb-05

                  	
                    Maintenance
                      

                  	
                    Mississippi
                      DOT 

                  	
                    $2,000,000.00

                  
	
                    14-030-148
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    14-Jul-05

                  	
                    Resurfacing
                      

                  	
                    Mississippi
                      DOT 

                  	
                    $1,961,974.50

                  
	
                    14-030-167
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    20-Feb-06

                  	
                    Resurfacing
                      

                  	
                    Mississippi
                      DOT 

                  	
                    $1,870,990.68

                  
	
                    14-030-170
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    20-Mar-06

                  	
                    Resurfacing
                      

                  	
                    Mississippi
                      DOT 

                  	
                    $1,596,984.92

                  
	
                    14-030-168
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    20-Feb-06

                  	
                    Resurfacing
                      

                  	
                    Mississippi
                      DOT 

                  	
                    $1,494,526.00

                  
	
                    14-028-453
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    11-Mar-04

                  	
                    New
                      Construction 

                  	
                    Mississippi
                      DOT 

                  	
                    $1,357,004.58

                  
	
                    14-030-180
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    16-Jun-06

                  	
                    Resurfacing
                      

                  	
                    Mississippi
                      DOT 

                  	
                    $1,304,033.90

                  
	
                    14-029-227
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    09-Jul-04

                  	
                    Resurfacing
                      

                  	
                    Mississippi
                      DOT 

                  	
                    $1,267,803.38

                  
	
                    14-030-155
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    13-Oct-05

                  	
                    Resurfacing
                      

                  	
                    Mississippi
                      DOT 

                  	
                    $1,193,199.45

                  
	
                    14-030-146
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    14-Jul-05

                  	
                    Resurfacing
                      

                  	
                    Mississippi
                      DOT 

                  	
                    $1,062,134.40

                  
	
                    14-030-166
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    16-Feb-06

                  	
                    Resurfacing
                      

                  	
                    Mississippi
                      DOT 

                  	
                    $1,002,473.90

                  
	
                    14-030-185
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    13-Jul-06

                  	
                    Resurfacing
                      

                  	
                    Mississippi
                      DOT 

                  	
                    $948,930.00

                  
	
                    14-030-171
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    20-Mar-06

                  	
                    Resurfacing
                      

                  	
                    Mississippi
                      DOT 

                  	
                    $596,884.00

                  
	
                    14-030-160
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    15-Nov-05

                  	
                    Resurfacing
                      

                  	
                    Mississippi
                      DOT 

                  	
                    $304,635.00

                  

          

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      
        
          
            ALL
              OPEN APAC SURETY BONDS

            AS
              OF AUGUST 16, 2006

          

        

        
          
            	Bond
                    Number	Open/Final 	Principal	Location	Executed	Classification	Obligee	Bond
                    Amount 
	
                    14-000-035-0684
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    17-Mar-03

                  	
                    Maintenance
                      

                  	
                    Mississippi
                      DOT 

                  	
                    $200,000.00

                  
	
                    14-025-874
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Memphis
                      

                  	
                    01-Jul-06

                  	
                    Contractor's
                      License/Tax 

                  	
                    Mississippi
                      Tax Commission 

                  	
                    $10,000.00

                  
	
                    14-026-158
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Memphis
                      

                  	
                    05-May-05

                  	
                    Reclamation
                      

                  	
                    Missouri
                      Department of Natural Resources 

                  	
                    $442,000.00

                  
	
                    14-026-208
                      

                  	
                    O

                  	
                    Wilkerson-Maxwell
                      

                  	
                    KS
                      City
                      

                  	
                    02-Sep-03

                  	
                    New
                      Construction 

                  	
                    Missouri
                      DOT
                      

                  	
                    $50,054,733.34

                  
	
                    14-037-265
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    08-Mar-06

                  	
                    New
                      Construction 

                  	
                    Missouri
                      DOT
                      

                  	
                    $29,167,954.25

                  
	
                    14-026-532
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Springfld

                  	
                    04-Apr-03

                  	
                    New
                      Construction 

                  	
                    Missouri
                      DOT
                      

                  	
                    $23,223,361.33

                  
	
                    14-000-075-0505
                      

                  	
                    O

                  	
                    Central
                      Missouri Division 

                  	
                    Columb,MO

                  	
                    11-Jul-01

                  	
                    New
                      Construction 

                  	
                    Missouri
                      DOT
                      

                  	
                    $21,599,681.45

                  
	
                    14-037-172
                      

                  	
                    O

                  	
                    Kansas
                      City
                      Div., APAC-Kansas 

                  	
                    Overland
                      

                  	
                    07-Dec-05

                  	
                    New
                      Construction 

                  	
                    Missouri
                      DOT
                      

                  	
                    $19,871,800.94

                  
	
                    14-037-251
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    02-Dec-05

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $13,782,036.82

                  
	
                    14-037-250
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    02-Dec-05

                  	
                    New
                      Construction 

                  	
                    Missouri
                      DOT
                      

                  	
                    $12,800,663.37

                  
	
                    14-029-522
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    02-Feb-05

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $10,397,131.04

                  
	
                    14-029-521
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    02-Feb-05

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $10,194,884.82

                  
	
                    14-030-109
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    09-Sep-05

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $9,787,855.40

                  
	
                    14-030-098
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    12-Aug-05

                  	
                    New
                      Construction 

                  	
                    Missouri
                      DOT
                      

                  	
                    $9,692,586.17

                  
	
                    14-026-227
                      

                  	
                    O

                  	
                    Kansas
                      City
                      Div., APAC-Kansas 

                  	
                    Overland
                      

                  	
                    22-Aug-05

                  	
                    New
                      Construction 

                  	
                    Missouri
                      DOT
                      

                  	
                    $8,589,817.20

                  
	
                    14-026-440
                      

                  	
                    O

                  	
                    Reno
                      Branch,
                      Div. APAC-Kansas 

                  	
                    Overland
                      

                  	
                    24-Sep-03

                  	
                    New
                      Construction 

                  	
                    Missouri
                      DOT
                      

                  	
                    $8,127,406.48

                  
	
                    14-029-324
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Springfld

                  	
                    02-Jun-04

                  	
                    New
                      Construction 

                  	
                    Missouri
                      DOT
                      

                  	
                    $7,945,606.11

                  
	
                    14-029-511
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    10-Dec-04

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $7,611,509.63

                  
	
                    14-030-112
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    09-Sep-05

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $5,274,594.91

                  
	
                    14-026-580
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Springfld

                  	
                    03-Oct-03

                  	
                    New
                      Construction 

                  	
                    Missouri
                      DOT
                      

                  	
                    $4,944,871.54

                  
	
                    14-030-088
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    08-Jul-05

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $4,733,256.10

                  
	
                    14-026-230
                      

                  	
                    O

                  	
                    APAC-Kansas,
                      Inc. 

                  	
                    Overland
                      

                  	
                    16-Sep-05

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $4,624,294.36

                  
	
                    14-037-255
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    07-Feb-06

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $4,420,299.74

                  
	
                    14-026-539
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    02-May-03

                  	
                    New
                      Construction 

                  	
                    Missouri
                      DOT
                      

                  	
                    $4,270,332.25

                  
	
                    14-026-228
                      

                  	
                    O

                  	
                    Kansas
                      City
                      Div., APAC-Kansas 

                  	
                    Overland
                      

                  	
                    22-Aug-05

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $4,174,726.93

                  
	
                    14-029-520
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    02-Feb-05

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $3,635,328.32

                  
	
                    14-037-244
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    09-Nov-05

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $3,413,184.93

                  
	
                    14-029-507
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    10-Dec-04

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $3,082,897.77

                  
	
                    14-030-089
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    08-Jul-05

                  	
                    New
                      Construction 

                  	
                    Missouri
                      DOT
                      

                  	
                    $3,037,069.26

                  
	
                    14-037-170
                      

                  	
                    O

                  	
                    Kansas
                      City
                      Div., APAC-Kansas 

                  	
                    Overland
                      

                  	
                    09-Nov-05

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $3,016,005.62

                  
	
                    14-030-114
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    09-Sep-05

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $2,849,573.73

                  
	
                    14-030-111
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    09-Sep-05

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $2,546,994.82

                  
	
                    14-030-087
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    08-Jul-05

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $2,538,706.52

                  
	
                    14-029-528
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Springfld

                  	
                    09-Mar-05

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $2,481,279.51

                  
	
                    14-029-510
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    10-Dec-04

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $2,160,591.42

                  

          

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      
        
          
            ALL
              OPEN APAC SURETY BONDS

            AS
              OF AUGUST 16, 2006

          

        

        
          
            	Bond
                    Number	Open/Final 	Principal	Location	Executed	Classification	Obligee	Bond
                    Amount 
	
                    14-037-262
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    08-Mar-06

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $2,154,845.44

                  
	
                    14-030-113
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    09-Sep-05

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $2,106,700.62

                  
	
                    14-030-078
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    10-Jun-05

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $1,777,184.05

                  
	
                    14-030-096
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    12-Aug-05

                  	
                    New
                      Construction 

                  	
                    Missouri
                      DOT
                      

                  	
                    $1,774,273.32

                  
	
                    14-026-444
                      

                  	
                    O

                  	
                    APAC-Kansas,
                      Inc. 

                  	
                    Sugar
                      Crk

                  	
                    14-Nov-03

                  	
                    New
                      Construction 

                  	
                    Missouri
                      DOT
                      

                  	
                    $1,762,550.69

                  
	
                    14-029-535
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    06-Apr-05

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $1,689,810.89

                  
	
                    14-029-536
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    06-Apr-05

                  	
                    New
                      Construction 

                  	
                    Missouri
                      DOT
                      

                  	
                    $1,684,167.88

                  
	
                    14-029-519
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    02-Feb-05

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $1,631,329.08

                  
	
                    14-037-263
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    08-Mar-06

                  	
                    New
                      Construction 

                  	
                    Missouri
                      DOT
                      

                  	
                    $1,501,944.39

                  
	
                    14-028-727
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Springfld

                  	
                    10-Mar-04

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $1,489,009.24

                  
	
                    14-026-221
                      

                  	
                    O

                  	
                    APAC-Kansas,
                      Inc. 

                  	
                    Overland
                      

                  	
                    21-Jun-05

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $1,458,567.63

                  
	
                    14-037-264
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    08-Mar-06

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $1,400,831.67

                  
	
                    14-037-256
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    07-Feb-06

                  	
                    New
                      Construction 

                  	
                    Missouri
                      DOT
                      

                  	
                    $1,364,968.33

                  
	
                    14-037-247
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    09-Nov-05

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $1,336,761.43

                  
	
                    14-026-220
                      

                  	
                    O

                  	
                    APAC-Kansas,
                      Inc. 

                  	
                    Overland
                      

                  	
                    21-Jun-05

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $1,248,614.77

                  
	
                    14-030-090
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    08-Jul-05

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $1,205,369.82

                  
	
                    14-028-735
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    14-Apr-04

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $1,190,868.68

                  
	
                    14-029-530
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Springfld

                  	
                    09-Mar-05

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $1,154,064.93

                  
	
                    14-037-248
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    09-Nov-05

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $1,058,057.04

                  
	
                    14-037-261
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    08-Mar-06

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $1,037,915.85

                  
	
                    14-037-168
                      

                  	
                    O

                  	
                    Kansas
                      City
                      Div., APAC-Kansas 

                  	
                    Overland
                      

                  	
                    09-Nov-05

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $959,923.80

                  
	
                    14-037-245
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    09-Nov-05

                  	
                    New
                      Construction 

                  	
                    Missouri
                      DOT
                      

                  	
                    $957,304.77

                  
	
                    14-037-246
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    09-Nov-05

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $766,599.70

                  
	
                    14-037-169
                      

                  	
                    O

                  	
                    Kansas
                      City
                      Div., APAC-Kansas 

                  	
                    Overland
                      

                  	
                    09-Nov-05

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $552,359.25

                  
	
                    14-038-507
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    14-Jul-06

                  	
                    New
                      Construction 

                  	
                    Missouri
                      DOT
                      

                  	
                    $542,144.92

                  
	
                    14-037-249
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    02-Dec-05

                  	
                    New
                      Construction 

                  	
                    Missouri
                      DOT
                      

                  	
                    $363,939.44

                  
	
                    14-037-242
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    27-Oct-05

                  	
                    Right-of-Way
                      or Encroachment 

                  	
                    Missouri
                      DOT
                      

                  	
                    $354,000.00

                  
	
                    14-037-260
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    08-Mar-06

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $327,062.80

                  
	
                    14-037-524
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    12-Apr-06

                  	
                    New
                      Construction 

                  	
                    Missouri
                      DOT
                      

                  	
                    $323,601.23

                  
	
                    14-037-176
                      

                  	
                    O

                  	
                    Kansas
                      City
                      Div., APAC-Kansas 

                  	
                    KS
                      City
                      

                  	
                    15-Mar-06

                  	
                    New
                      Construction 

                  	
                    Missouri
                      DOT
                      

                  	
                    $294,997.60

                  
	
                    14-037-529
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    10-May-06

                  	
                    Resurfacing
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $263,255.00

                  
	
                    14-037-258
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    27-Feb-06

                  	
                    Supply
                      Bond
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $16,435.00

                  
	
                    14-037-259
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    27-Feb-06

                  	
                    Supply
                      Bond
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $7,425.00

                  
	
                    14-037-257
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    27-Feb-06

                  	
                    Supply
                      Bond
                      

                  	
                    Missouri
                      DOT
                      

                  	
                    $6,000.00

                  
	
                    14-029-505
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    11-Nov-05

                  	
                    Right-of-Way
                      or Encroachment 

                  	
                    Missouri
                      DOT
                      

                  	
                    $5,000.00

                  

          

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      
        
          
            ALL
              OPEN APAC SURETY BONDS

            AS
              OF AUGUST 16, 2006

          

        

        
          
            	Bond
                    Number	Open/Final 	Principal	Location	Executed	Classification	Obligee	Bond
                    Amount 
	
                    14-037-173
                      

                  	
                    O

                  	
                    Limpus
                      Quarries 

                  	
                    Harrison
                      

                  	
                    20-Feb-06

                  	
                    Supply
                      Bond
                      

                  	
                    Missouri
                      Highways & Transportation Commission 

                  	
                    $11,340.00

                  
	
                    14-037-528
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Springfld

                  	
                    04-May-06

                  	
                    Class
                      B -
                      Excavation 

                  	
                    Missouri
                      State
                      University 

                  	
                    $86,965.00

                  
	
                    14-028-456
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Columbus
                      

                  	
                    06-Apr-06

                  	
                    Utility
                      Deposit 

                  	
                    Monroe
                      County
                      Electric Power Assoc., Mississippi 

                  	
                    $14,000.00

                  
	
                    14-030-556
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Montgmry
                      

                  	
                    23-Aug-05

                  	
                    New
                      Construction 

                  	
                    Montgomery
                      County Commission, Alabama 

                  	
                    $1,884,919.55

                  
	
                    14-029-004
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Manassas
                      

                  	
                    09-Jul-04

                  	
                    New
                      Construction 

                  	
                    Moore
                      Brothers
                      Company, Inc. 

                  	
                    $10,885,261.19

                  
	
                    14-028-410
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Manassas
                      

                  	
                    03-Mar-04

                  	
                    New
                      Construction 

                  	
                    Moore
                      Brothers
                      Company, Inc. 

                  	
                    $4,018,085.44

                  
	
                    14-000-050-0217
                      

                  	
                    O

                  	
                    APAC-Georgia,
                      Inc. 

                  	
                    Greenv'l
                      

                  	
                    15-Sep-00

                  	
                    New
                      Construction 

                  	
                    Morgan
                      Corp
                      

                  	
                    $3,177,639.84

                  
	
                    14-000-040-1907
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Concord
                      

                  	
                    11-Apr-03

                  	
                    New
                      Construction 

                  	
                    Morgan
                      Corporation 

                  	
                    $2,548,900.00

                  
	
                    14-030-579
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Dothan
                      

                  	
                    05-Dec-05

                  	
                    New
                      Construction 

                  	
                    Mrs.
                      Willie
                      Kathryn Roney 

                  	
                    $252,954.50

                  
	
                    14-000-030-0144
                      

                  	
                    O

                  	
                    Wilkerson-Maxwell
                      

                  	
                    KS
                      City
                      

                  	
                    08-Aug-01

                  	
                    New
                      Construction 

                  	
                    N.R.
                      Hamm
                      Contractors, Inc. 

                  	
                    $7,626,347.50

                  
	
                    14-030-667
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    12-Aug-05

                  	
                    Resurfacing
                      

                  	
                    New
                      Hanover
                      Airport Authority, North Carolina 

                  	
                    $1,180,614.35

                  
	
                    14-026-460
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Savannah
                      

                  	
                    13-Jul-06

                  	
                    Resurfacing
                      

                  	
                    New
                      Riverside
                      LLC 

                  	
                    $2,088,832.15

                  
	
                    14-029-732
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Peachtree

                  	
                    10-Oct-05

                  	
                    Resurfacing
                      

                  	
                    Newnan-Coweta
                      County Airport Authority (Georgia) 

                  	
                    $703,265.55

                  
	
                    14-037-348
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    19-Apr-06

                  	
                    Right-of-Way
                      or Encroachment 

                  	
                    North
                      Carolina
                      DOT & E.Bryan English Builders Inc.

                  	
                    $21,863.25

                  
	
                    14-029-442
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Asheville

                  	
                    19-Oct-04

                  	
                    New
                      Construction 

                  	
                    North
                      Carolina
                      DOT (Aberdeen) 

                  	
                    $14,781,014.72

                  
	
                    14-029-482
                      

                  	
                    O

                  	
                    Thompson-Arthur
                      Division 

                  	
                    Greensbor

                  	
                    11-Jul-05

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Aberdeen) 

                  	
                    $1,159,842.70

                  
	
                    14-037-145
                      

                  	
                    O

                  	
                    Thompson-Arthur
                      Division 

                  	
                    Greensbor

                  	
                    06-Feb-06

                  	
                    New
                      Construction 

                  	
                    North
                      Carolina
                      DOT (Aberdeen) 

                  	
                    $684,951.35

                  
	
                    14-038-588
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Concord
                      

                  	
                    26-Jun-06

                  	
                    New
                      Construction 

                  	
                    North
                      Carolina
                      DOT (Albemarle) 

                  	
                    $485,983.30

                  
	
                    14-000-040-1414
                      

                  	
                    O

                  	
                    APAC-Carolina,
                      Inc. (NC) 

                  	
                    Asheville

                  	
                    06-Aug-01

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Greensboro) 

                  	
                    $34,762,625.23

                  
	
                    14-000-040-1100
                      

                  	
                    O

                  	
                    Thompson-Arthur
                      Paving Company

                  	
                    Greensbor

                  	
                    10-Aug-99

                  	
                    New
                      Construction 

                  	
                    North
                      Carolina
                      DOT (Greensboro) 

                  	
                    $33,518,001.84

                  
	
                    14-000-040-1531
                      

                  	
                    O

                  	
                    Papco/Central
                      Division 

                  	
                    Concord
                      

                  	
                    16-Jan-02

                  	
                    New
                      Construction 

                  	
                    North
                      Carolina
                      DOT (Greensboro) 

                  	
                    $23,311,462.12

                  
	
                    14-000-040-1863
                      

                  	
                    O

                  	
                    Thompson-Arthur
                      Paving Company

                  	
                    Greensbor

                  	
                    24-Jul-02

                  	
                    New
                      Construction 

                  	
                    North
                      Carolina
                      DOT (Greensboro) 

                  	
                    $22,160,302.83

                  
	
                    14-000-040-1526
                      

                  	
                    O

                  	
                    Thompson-Arthur
                      Paving Company

                  	
                    Greensbor

                  	
                    17-Dec-01

                  	
                    New
                      Construction 

                  	
                    North
                      Carolina
                      DOT (Greensboro) 

                  	
                    $20,158,690.59

                  
	
                    14-000-040-0152
                      

                  	
                    O

                  	
                    Barrus
                      Construction Company 

                  	
                    Kinston
                      

                  	
                    08-Nov-00

                  	
                    New
                      Construction 

                  	
                    North
                      Carolina
                      DOT (Greensboro) 

                  	
                    $17,020,141.89

                  
	
                    14-000-040-1518
                      

                  	
                    O

                  	
                    Thompson-Arthur
                      Paving Company

                  	
                    Greensbor

                  	
                    11-Oct-01

                  	
                    New
                      Construction 

                  	
                    North
                      Carolina
                      DOT (Greensboro) 

                  	
                    $15,795,435.70

                  
	
                    14-000-040-1752
                      

                  	
                    O

                  	
                    APAC-Carolina,
                      Inc. (NC) 

                  	
                    Asheville

                  	
                    02-Oct-02

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Greensboro) 

                  	
                    $5,994,737.48

                  
	
                    14-000-040-1709
                      

                  	
                    O

                  	
                    Barrus
                      Construction Company 

                  	
                    Kinston
                      

                  	
                    14-Jan-03

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Greensboro) 

                  	
                    $3,798,303.26

                  
	
                    14-000-040-1428
                      

                  	
                    O

                  	
                    APAC-Carolina,
                      Inc. (NC) 

                  	
                    Asheville

                  	
                    10-Dec-01

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Greensboro) 

                  	
                    $2,929,916.89

                  
	
                    14-000-040-1876
                      

                  	
                    O

                  	
                    Papco/Central
                      Division 

                  	
                    Asheville

                  	
                    17-Oct-02

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Greensboro) 

                  	
                    $2,553,326.01

                  
	
                    14-000-040-1489
                      

                  	
                    O

                  	
                    Papco/Central
                      Division 

                  	
                    Concord
                      

                  	
                    20-Mar-01

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Greensboro) 

                  	
                    $1,974,345.65

                  
	
                    14-000-040-1771
                      

                  	
                    O

                  	
                    APAC-Carolina,
                      Inc. (NC) 

                  	
                    Asheville

                  	
                    10-Mar-03

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Greensboro) 

                  	
                    $1,583,482.49

                  
	
                    14-027-057
                      

                  	
                    O

                  	
                    Barrus
                      Construction Company 

                  	
                    Kinston
                      

                  	
                    08-Aug-05

                  	
                    Right-of-Way
                      or Encroachment 

                  	
                    North
                      Carolina
                      DOT (Greensboro) 

                  	
                    $5,000.00

                  
	
                    14-026-939
                      

                  	
                    O

                  	
                    Thompson-Arthur
                      Division 

                  	
                    Greensbor

                  	
                    13-Aug-03

                  	
                    New
                      Construction 

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $101,558,741.04

                  
	
                    14-028-938
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Asheville

                  	
                    02-Sep-04

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $23,998,232.19

                  
	
                    14-029-777
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    03-Jun-05

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $19,774,993.00

                  

          

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      
        
          
            
              ALL
                OPEN APAC SURETY BONDS

              AS
                OF AUGUST 16, 2006

            

          

          
            
              	 Bond
                      Number	 Open/Final	Principal	Location	Executed	Classification	Obligee	Bond
                      Amount 
	
                      14-028-772
                        

                    	
                      O

                    	
                      Coastal
                        Carolina Division 

                    	
                      Kinston
                        

                    	
                      09-Mar-04

                    	
                      New
                        Construction 

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $19,730,898.88

                    
	
                      14-029-757
                        

                    	
                      O

                    	
                      Coastal
                        Carolina Division 

                    	
                      Kinston
                        

                    	
                      07-Jan-05

                    	
                      Resurfacing
                        

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $17,973,381.72

                    
	
                      14-029-756
                        

                    	
                      O

                    	
                      Coastal
                        Carolina Division 

                    	
                      Kinston
                        

                    	
                      07-Jan-05

                    	
                      Resurfacing
                        

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $17,604,876.48

                    
	
                      14-029-458
                        

                    	
                      O

                    	
                      APAC-Atlantic,
                        Inc. 

                    	
                      Asheville

                    	
                      12-Jan-05

                    	
                      New
                        Construction 

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $16,829,234.79

                    
	
                      14-029-284
                        

                    	
                      O

                    	
                      Coastal
                        Carolina Division 

                    	
                      Kinston
                        

                    	
                      02-Sep-04

                    	
                      Resurfacing
                        

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $15,539,443.42

                    
	
                      14-028-483
                        

                    	
                      O

                    	
                      Thompson-Arthur
                        Division 

                    	
                      Greensbor

                    	
                      14-Jan-04

                    	
                      New
                        Construction 

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $13,730,763.71

                    
	
                      14-029-459
                        

                    	
                      O

                    	
                      APAC-Atlantic,
                        Inc. 

                    	
                      Asheville

                    	
                      12-Jan-05

                    	
                      New
                        Construction 

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $13,596,751.71

                    
	
                      14-028-482
                        

                    	
                      O

                    	
                      Thompson-Arthur
                        Division 

                    	
                      Greensbor

                    	
                      14-Jan-04

                    	
                      New
                        Construction 

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $11,830,780.21

                    
	
                      14-026-944
                        

                    	
                      O

                    	
                      Thompson-Arthur
                        Division 

                    	
                      Greensbor

                    	
                      19-Sep-03

                    	
                      New
                        Construction 

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $9,215,000.00

                    
	
                      14-026-272
                        

                    	
                      O

                    	
                      Coastal
                        Carolina Division 

                    	
                      Kinston
                        

                    	
                      15-Jul-03

                    	
                      New
                        Construction 

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $8,420,361.51

                    
	
                      14-026-304
                        

                    	
                      O

                    	
                      Harrison
                        Construction Company 

                    	
                      Alcoa
                        

                    	
                      06-Oct-03

                    	
                      Resurfacing
                        

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $7,133,419.39

                    
	
                      14-030-677
                        

                    	
                      O

                    	
                      Coastal
                        Carolina Division 

                    	
                      Kinston
                        

                    	
                      07-Oct-05

                    	
                      Resurfacing
                        

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $6,874,434.75

                    
	
                      14-038-576
                        

                    	
                      O

                    	
                      Thompson-Arthur
                        Division 

                    	
                      Greensbor

                    	
                      12-May-06

                    	
                      Resurfacing
                        

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $6,293,416.97

                    
	
                      14-029-285
                        

                    	
                      O

                    	
                      Coastal
                        Carolina Division 

                    	
                      Kinston
                        

                    	
                      02-Sep-04

                    	
                      Resurfacing
                        

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $6,005,113.73

                    
	
                      14-029-674
                        

                    	
                      O

                    	
                      APAC-Atlantic,
                        Inc. 

                    	
                      Concord
                        

                    	
                      08-Feb-05

                    	
                      Resurfacing
                        

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $5,995,000.00

                    
	
                      14-028-779
                        

                    	
                      O

                    	
                      Coastal
                        Carolina Division 

                    	
                      Kinston
                        

                    	
                      02-Apr-04

                    	
                      Resurfacing
                        

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $5,606,174.08

                    
	
                      14-028-929
                        

                    	
                      O

                    	
                      APAC-Atlantic,
                        Inc. 

                    	
                      Asheville

                    	
                      08-Jul-04

                    	
                      Resurfacing
                        

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $5,214,834.74

                    
	
                      14-029-454
                        

                    	
                      O

                    	
                      Thompson-Arthur
                        Division 

                    	
                      Greensbor

                    	
                      12-Jan-05

                    	
                      Resurfacing
                        

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $5,001,971.51

                    
	
                      14-028-783
                        

                    	
                      O

                    	
                      Coastal
                        Carolina Division 

                    	
                      Kinston
                        

                    	
                      07-May-04

                    	
                      Resurfacing
                        

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $4,802,728.10

                    
	
                      14-037-394
                        

                    	
                      O

                    	
                      APAC-Atlantic,
                        Inc. 

                    	
                      Asheville

                    	
                      08-Jun-06

                    	
                      Resurfacing
                        

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $4,286,850.00

                    
	
                      14-037-158
                        

                    	
                      O

                    	
                      Thompson-Arthur
                        Division 

                    	
                      Greensbor

                    	
                      08-Mar-06

                    	
                      Resurfacing
                        

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $4,173,734.46

                    
	
                      14-028-513
                        

                    	
                      O

                    	
                      APAC-Atlantic,
                        Inc. 

                    	
                      Asheville

                    	
                      12-Feb-04

                    	
                      Resurfacing
                        

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $4,170,951.24

                    
	
                      14-029-778
                        

                    	
                      O

                    	
                      Coastal
                        Carolina Division 

                    	
                      Kinston
                        

                    	
                      03-Jun-05

                    	
                      Resurfacing
                        

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $3,649,000.00

                    
	
                      14-037-151
                        

                    	
                      O

                    	
                      Thompson-Arthur
                        Division 

                    	
                      Greensbor

                    	
                      06-Feb-06

                    	
                      Resurfacing
                        

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $3,624,915.67

                    
	
                      14-029-762
                        

                    	
                      O

                    	
                      Coastal
                        Carolina Division 

                    	
                      Kinston
                        

                    	
                      07-Feb-05

                    	
                      Resurfacing
                        

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $3,220,339.85

                    
	
                      14-000-040-1906
                        

                    	
                      O

                    	
                      APAC-Atlantic,
                        Inc. 

                    	
                      Greensbor

                    	
                      11-Apr-03

                    	
                      Resurfacing
                        

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $3,045,703.42

                    
	
                      14-029-678
                        

                    	
                      O

                    	
                      APAC-Atlantic,
                        Inc. 

                    	
                      Asheville

                    	
                      08-Apr-05

                    	
                      Resurfacing
                        

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $2,978,256.36

                    
	
                      14-029-758
                        

                    	
                      O

                    	
                      Coastal
                        Carolina Division 

                    	
                      Kinston
                        

                    	
                      07-Jan-05

                    	
                      Resurfacing
                        

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $2,942,743.15

                    
	
                      14-028-957
                        

                    	
                      O

                    	
                      Thompson-Arthur
                        Division 

                    	
                      Greensbor

                    	
                      12-Mar-04

                    	
                      Resurfacing
                        

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $2,918,186.46

                    
	
                      14-028-784
                        

                    	
                      O

                    	
                      Coastal
                        Carolina Division 

                    	
                      Kinston
                        

                    	
                      07-May-04

                    	
                      Resurfacing
                        

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $2,812,166.40

                    
	
                      14-029-773
                        

                    	
                      O

                    	
                      Coastal
                        Carolina Division 

                    	
                      Kinston
                        

                    	
                      06-May-05

                    	
                      Resurfacing
                        

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $2,699,769.80

                    
	
                      14-028-928
                        

                    	
                      O

                    	
                      Harrison
                        Construction Company 

                    	
                      Alcoa
                        

                    	
                      13-Jul-04

                    	
                      Resurfacing
                        

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $2,622,811.34

                    
	
                      14-029-455
                        

                    	
                      O

                    	
                      Thompson-Arthur
                        Division 

                    	
                      Greensbor

                    	
                      12-Jan-05

                    	
                      Resurfacing
                        

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $2,426,314.90

                    
	
                      14-000-040-1388
                        

                    	
                      O

                    	
                      Harrison
                        Construction Company 

                    	
                      Alcoa
                        

                    	
                      13-Mar-01

                    	
                      Resurfacing
                        

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $2,386,540.75

                    
	
                      14-037-144
                        

                    	
                      O

                    	
                      Thompson-Arthur
                        Division 

                    	
                      Greensbor

                    	
                      24-Jan-05

                    	
                      Resurfacing
                        

                    	
                      North
                        Carolina
                        DOT (Raleigh) 

                    	
                      $2,314,291.19

                    

            

          

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      
        
          
            ALL
              OPEN APAC SURETY BONDS

            AS
              OF AUGUST 16, 2006

          

        

        
          
            	Bond
                    Number	Open/Final	Principal	Location	Executed	Classification	Obligee	Bond
                    Amount 
	
                    14-037-165
                      

                  	
                    O

                  	
                    Thompson-Arthur
                      Division 

                  	
                    Greensbor

                  	
                    12-May-06

                  	
                    New
                      Construction 

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $2,279,317.04

                  
	
                    14-029-461
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Concord
                      

                  	
                    12-Jan-05

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $2,220,123.50

                  
	
                    14-029-456
                      

                  	
                    O

                  	
                    Thompson-Arthur
                      Division 

                  	
                    Greensbor

                  	
                    12-Jan-05

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $2,207,700.15

                  
	
                    14-029-672
                      

                  	
                    O

                  	
                    Harrison
                      Div.,
                      APAC-Tennessee 

                  	
                    Alcoa
                      

                  	
                    07-Feb-05

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $2,189,006.53

                  
	
                    14-030-306
                      

                  	
                    O

                  	
                    Harrison
                      Div.,
                      APAC-Tennessee 

                  	
                    Alcoa
                      

                  	
                    03-Feb-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $2,186,984.04

                  
	
                    14-029-675
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Asheville

                  	
                    18-Mar-05

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $2,128,758.33

                  
	
                    14-030-309
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Asheville

                  	
                    08-Mar-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $2,117,363.07

                  
	
                    14-028-925
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Asheville

                  	
                    25-Jun-04

                  	
                    New
                      Construction 

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $2,098,923.19

                  
	
                    14-030-308
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Asheville

                  	
                    07-Mar-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $2,074,464.42

                  
	
                    14-028-966
                      

                  	
                    O

                  	
                    Thompson-Arthur
                      Division 

                  	
                    Concord
                      

                  	
                    09-Apr-04

                  	
                    New
                      Construction 

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $2,015,213.12

                  
	
                    14-028-771
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    09-Mar-04

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $1,943,357.10

                  
	
                    14-028-955
                      

                  	
                    O

                  	
                    Thompson-Arthur
                      Division 

                  	
                    Greensbor

                  	
                    12-Mar-04

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $1,894,663.85

                  
	
                    14-030-305
                      

                  	
                    O

                  	
                    Harrison
                      Div.,
                      APAC-Tennessee 

                  	
                    Alcoa
                      

                  	
                    03-Feb-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $1,766,871.47

                  
	
                    14-037-149
                      

                  	
                    O

                  	
                    Thompson-Arthur
                      Division 

                  	
                    Greensbor

                  	
                    06-Feb-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $1,702,454.28

                  
	
                    14-029-676
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Asheville

                  	
                    18-Mar-05

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $1,691,839.11

                  
	
                    14-028-941
                      

                  	
                    O

                  	
                    Thompson-Arthur
                      Division 

                  	
                    Concord
                      

                  	
                    12-Feb-04

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $1,677,926.00

                  
	
                    14-029-475
                      

                  	
                    O

                  	
                    Thompson-Arthur
                      Division 

                  	
                    Greensbor

                  	
                    08-Jun-05

                  	
                    New
                      Construction 

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $1,656,872.19

                  
	
                    14-037-150
                      

                  	
                    O

                  	
                    Thompson-Arthur
                      Division 

                  	
                    Greensbor

                  	
                    06-Feb-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $1,458,898.89

                  
	
                    14-029-465
                      

                  	
                    O

                  	
                    Thompson-Arthur
                      Division 

                  	
                    Greensbor

                  	
                    10-Feb-05

                  	
                    New
                      Construction 

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $1,410,426.29

                  
	
                    14-029-776
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    03-Jun-05

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $1,400,636.76

                  
	
                    14-030-304
                      

                  	
                    O

                  	
                    Harrison
                      Div.,
                      APAC-Tennessee 

                  	
                    Alcoa
                      

                  	
                    03-Feb-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $1,378,973.67

                  
	
                    14-030-307
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Asheville

                  	
                    07-Mar-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $1,232,388.17

                  
	
                    14-029-447
                      

                  	
                    O

                  	
                    Thompson-Arthur
                      Division 

                  	
                    Greensbor

                  	
                    10-Dec-04

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $1,213,078.21

                  
	
                    14-029-462
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Concord
                      

                  	
                    12-Jan-05

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $1,197,690.50

                  
	
                    14-028-936
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Asheville

                  	
                    07-Sep-04

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $1,149,944.00

                  
	
                    14-028-926
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Asheville

                  	
                    25-Jun-04

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $1,145,326.79

                  
	
                    14-037-347
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    19-Apr-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $1,142,794.50

                  
	
                    14-030-310
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Asheville

                  	
                    30-Mar-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $1,089,350.00

                  
	
                    14-037-346
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    19-Apr-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $1,084,129.25

                  
	
                    14-028-940
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Asheville

                  	
                    20-Sep-04

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $1,054,803.00

                  
	
                    14-029-485
                      

                  	
                    O

                  	
                    Thompson-Arthur
                      Division 

                  	
                    Greensbor

                  	
                    09-Aug-05

                  	
                    New
                      Construction 

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $1,007,451.45

                  
	
                    14-030-685
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    06-Mar-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $980,736.00

                  
	
                    14-037-399
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Asheville

                  	
                    20-Jun-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $973,825.00

                  
	
                    14-030-311
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Asheville

                  	
                    07-Apr-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $969,861.16

                  
	
                    14-037-345
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    19-Apr-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $940,075.00

                  

          

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      
        
          
            ALL
              OPEN APAC SURETY BONDS

            AS
              OF AUGUST 16, 2006

          

        

        
          
            	Bond
                    Number	Open/Final 	Principal	Location	Executed	Classification	Obligee	Bond
                    Amount 
	
                    14-030-690
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    21-Mar-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $895,323.50

                  
	
                    14-037-396
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Asheville

                  	
                    13-Jun-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $855,493.89

                  
	
                    14-037-343
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    24-Mar-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $838,237.85

                  
	
                    14-030-312
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Asheville

                  	
                    07-Apr-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $835,850.60

                  
	
                    14-030-686
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    10-Mar-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $831,910.30

                  
	
                    14-037-342
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    24-Mar-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $793,497.00

                  
	
                    14-030-687
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    10-Mar-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $696,734.00

                  
	
                    14-037-395
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Asheville

                  	
                    13-Jun-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $681,784.54

                  
	
                    14-037-360
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    05-Jul-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $672,990.00

                  
	
                    14-030-683
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    16-Feb-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $657,470.60

                  
	
                    14-030-681
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    27-Jan-06

                  	
                    New
                      Construction 

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $633,633.25

                  
	
                    14-038-582
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Concord
                      

                  	
                    01-Jun-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $519,360.30

                  
	
                    14-030-689
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    10-Mar-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $498,344.00

                  
	
                    14-030-688
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    10-Mar-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $468,577.00

                  
	
                    14-037-159
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Concord
                      

                  	
                    20-Mar-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $404,371.85

                  
	
                    14-030-314
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Asheville

                  	
                    11-Apr-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $396,701.40

                  
	
                    14-037-397
                      

                  	
                    O

                  	
                    Harrison
                      Div.,
                      APAC-Tennessee 

                  	
                    Alcoa
                      

                  	
                    15-Jun-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $355,558.07

                  
	
                    14-030-684
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    16-Feb-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $333,759.10

                  
	
                    14-037-398
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Asheville

                  	
                    19-Jun-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $328,571.15

                  
	
                    14-038-581
                      

                  	
                    O

                  	
                    Thompson-Arthur
                      Division 

                  	
                    Greensbor

                  	
                    23-May-06

                  	
                    New
                      Construction 

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $270,710.00

                  
	
                    14-037-392
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Asheville

                  	
                    22-May-04

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $259,760.50

                  
	
                    14-037-344
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    06-Apr-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $138,561.50

                  
	
                    14-030-679
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    23-Nov-05

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $122,265.00

                  
	
                    14-037-359
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    05-Jul-06

                  	
                    New
                      Construction 

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $112,400.00

                  
	
                    14-026-274
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    07-Aug-06

                  	
                    Highway
                      Use/Excess Weight 

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $100,000.00

                  
	
                    14-026-275
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    08-Aug-06

                  	
                    Highway
                      Use/Excess Weight 

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $100,000.00

                  
	
                    14-026-276
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    07-Aug-06

                  	
                    Highway
                      Use/Excess Weight 

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $100,000.00

                  
	
                    14-037-164
                      

                  	
                    O

                  	
                    Thompson-Arthur
                      Division 

                  	
                    Greensbor

                  	
                    01-May-06

                  	
                    Right-of-Way
                      or Encroachment 

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $75,000.00

                  
	
                    14-037-154
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Greensbor

                  	
                    21-Feb-06

                  	
                    Right-of-Way
                      or Encroachment 

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $50,000.00

                  
	
                    14-029-787
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    01-Aug-05

                  	
                    Right-of-Way
                      or Encroachment 

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $15,000.00

                  
	
                    14-038-578
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Danville
                      

                  	
                    11-May-06

                  	
                    Right-of-Way
                      or Encroachment 

                  	
                    North
                      Carolina
                      DOT (Raleigh) 

                  	
                    $10,000.00

                  
	
                    14-037-147
                      

                  	
                    O

                  	
                    Thompson-Arthur
                      Division 

                  	
                    Greensbor

                  	
                    06-Feb-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Winston-Salem) 

                  	
                    $60,000.00

                  
	
                    14-037-148
                      

                  	
                    O

                  	
                    Thompson-Arthur
                      Division 

                  	
                    Greensbor

                  	
                    06-Feb-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Winston-Salem) 

                  	
                    $40,000.00

                  
	
                    14-037-146
                      

                  	
                    O

                  	
                    Thompson-Arthur
                      Division 

                  	
                    Greensbor

                  	
                    06-Feb-06

                  	
                    Resurfacing
                      

                  	
                    North
                      Carolina
                      DOT (Winston-Salem) 

                  	
                    $40,000.00

                  
	
                    14-030-530
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Dallas
                      

                  	
                    14-Jun-06

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    North
                      Texas
                      Tollway Authority 

                  	
                    $5,692,486.80

                  

          

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      
        
          
            ALL
              OPEN APAC SURETY BONDS

            AS
              OF AUGUST 16, 2006

          

        

        
          
            	 Bond
                    Number	Open/Final 	 Principal	 Location	 Executed	 Classification	 Obligee	Bond
                    Amount 
	
                    14-030-531
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Dallas
                      

                  	
                    14-Jun-06

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    North
                      Texas
                      Tollway Authority 

                  	
                    $5,274,444.20

                  
	
                    14-026-005
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Tulsa
                      

                  	
                    01-Mar-06

                  	
                    Closure
                      Performance 

                  	
                    Oklahoma
                      Department of Environmental Quality 

                  	
                    $837,054.80

                  
	
                    14-025-996
                      

                  	
                    O

                  	
                    Arkhola
                      Sand
                      & Gravel 

                  	
                    Ft
                      Smith
                      

                  	
                    25-Aug-05

                  	
                    Reclamation
                      

                  	
                    Oklahoma
                      Department of Mines 

                  	
                    $64,250.00

                  
	
                    14-025-983
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Tulsa
                      

                  	
                    24-Apr-06

                  	
                    Reclamation
                      

                  	
                    Oklahoma
                      Department of Mines 

                  	
                    $60,000.00

                  
	
                    14-000-045-0244
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Shawnee
                      

                  	
                    14-Sep-00

                  	
                    New
                      Construction & Maintenance

                  	
                    Oklahoma
                      DOT
                      

                  	
                    $15,733,592.41

                  
	
                    14-000-045-0249
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Shawnee
                      

                  	
                    16-Jan-01

                  	
                    New
                      Construction & Maintenance

                  	
                    Oklahoma
                      DOT
                      

                  	
                    $7,465,182.22

                  
	
                    14-000-045-0277
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Shawnee
                      

                  	
                    08-Nov-02

                  	
                    New
                      Construction 

                  	
                    Oklahoma
                      DOT
                      

                  	
                    $7,408,182.24

                  
	
                    14-029-877
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Tulsa
                      

                  	
                    15-Feb-05

                  	
                    Resurfacing
                      

                  	
                    Oklahoma
                      DOT
                      

                  	
                    $6,393,739.58

                  
	
                    14-029-874
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Tulsa
                      

                  	
                    15-Feb-05

                  	
                    New
                      Construction 

                  	
                    Oklahoma
                      DOT
                      

                  	
                    $5,627,613.97

                  
	
                    14-026-314
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Tulsa
                      

                  	
                    09-Apr-04

                  	
                    New
                      Construction 

                  	
                    Oklahoma
                      DOT
                      

                  	
                    $5,025,053.93

                  
	
                    14-029-878
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Tulsa
                      

                  	
                    15-Feb-05

                  	
                    New
                      Construction 

                  	
                    Oklahoma
                      DOT
                      

                  	
                    $3,916,056.24

                  
	
                    14-028-643
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Tulsa
                      

                  	
                    14-Jun-04

                  	
                    New
                      Construction 

                  	
                    Oklahoma
                      DOT
                      

                  	
                    $3,883,410.20

                  
	
                    14-028-543
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Tulsa
                      

                  	
                    08-Dec-03

                  	
                    Resurfacing
                      

                  	
                    Oklahoma
                      DOT
                      

                  	
                    $3,276,934.83

                  
	
                    14-029-568
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Tulsa
                      

                  	
                    10-Sep-04

                  	
                    New
                      Construction 

                  	
                    Oklahoma
                      DOT
                      

                  	
                    $3,214,306.48

                  
	
                    14-030-384
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Tulsa
                      

                  	
                    09-Nov-05

                  	
                    New
                      Construction 

                  	
                    Oklahoma
                      DOT
                      

                  	
                    $2,798,751.91

                  
	
                    14-000-045-0281
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Shawnee
                      

                  	
                    12-Mar-03

                  	
                    Resurfacing
                      

                  	
                    Oklahoma
                      DOT
                      

                  	
                    $2,420,431.10

                  
	
                    14-030-355
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Tulsa
                      

                  	
                    05-Aug-05

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Oklahoma
                      DOT
                      

                  	
                    $1,919,154.00

                  
	
                    14-037-303
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Tulsa
                      

                  	
                    07-Dec-05

                  	
                    New
                      Construction 

                  	
                    Oklahoma
                      DOT
                      

                  	
                    $1,906,891.16

                  
	
                    14-029-969
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Tulsa
                      

                  	
                    10-Mar-05

                  	
                    Resurfacing
                      

                  	
                    Oklahoma
                      DOT
                      

                  	
                    $1,288,131.45

                  
	
                    14-026-110
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Shawnee
                      

                  	
                    16-Apr-03

                  	
                    New
                      Construction 

                  	
                    Oklahoma
                      DOT
                      

                  	
                    $1,245,485.53

                  
	
                    14-038-678
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Tulsa
                      

                  	
                    09-Jun-06

                  	
                    New
                      Construction 

                  	
                    Oklahoma
                      DOT
                      

                  	
                    $611,142.68

                  
	
                    14-038-692
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Tulsa
                      

                  	
                    17-Jul-06

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Oklahoma
                      DOT
                      

                  	
                    $154,700.00

                  
	
                    14-038-691
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Tulsa
                      

                  	
                    17-Jul-06

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Oklahoma
                      DOT
                      

                  	
                    $110,484.00

                  
	
                    14-030-011
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Tulsa
                      

                  	
                    21-Jun-05

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Oklahoma
                      Transportation Authority 

                  	
                    $12,057,251.81

                  
	
                    14-029-979
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Tulsa
                      

                  	
                    29-Mar-05

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Oklahoma
                      Transportation Authority 

                  	
                    $6,534,640.50

                  
	
                    14-038-661
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Tulsa
                      

                  	
                    05-Apr-06

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Oklahoma
                      Turnpike Authority 

                  	
                    $5,587,041.75

                  
	
                    14-038-668
                      

                  	
                    O

                  	
                    APAC-Oklahoma,
                      Inc. 

                  	
                    Tulsa
                      

                  	
                    09-May-06

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Oklahoma
                      Turnpike Authority 

                  	
                    $4,290,000.00

                  
	
                    14-028-606
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Wtr
                      Haven

                  	
                    01-Apr-04

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Orlando-Orange
                      County Expressway Authority 

                  	
                    $9,328,532.72

                  
	
                    14-026-987
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Wtr
                      Haven

                  	
                    25-Aug-03

                  	
                    Resurfacing
                      

                  	
                    Orlando-Orange
                      County Expressway Authority 

                  	
                    $1,716,371.04

                  
	
                    14-000-010-0427
                      

                  	
                    O

                  	
                    APAC-Florida,
                      Inc. 

                  	
                    Greenv'l
                      

                  	
                    15-Mar-00

                  	
                    New
                      Construction 

                  	
                    Overstreet
                      Electric Company, Inc. 

                  	
                    $1,080,299.00

                  
	
                    14-026-914
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Medley
                      

                  	
                    30-Sep-05

                  	
                    License
&
                      Permit 

                  	
                    Palm
                      Beach
                      County, Florida 

                  	
                    $2,000.00

                  
	
                    14-026-340
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Sarasota
                      

                  	
                    20-Dec-04

                  	
                    New
                      Construction 

                  	
                    Palmer
                      Ranch
                      Holdings, Inc. 

                  	
                    $2,624,811.15

                  
	
                    14-028-614
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Tampa
                      

                  	
                    18-Jun-04

                  	
                    New
                      Construction 

                  	
                    Pasco
                      County
                      Commissioners, Florida 

                  	
                    $2,500,644.08

                  
	
                    14-037-336
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    25-Feb-06

                  	
                    Resurfacing
                      

                  	
                    Pavers,
                      Inc.
                      (Kansas) 

                  	
                    $17,065.00

                  
	
                    14-037-160
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Danville
                      

                  	
                    12-Apr-06

                  	
                    Resurfacing
                      

                  	
                    Person
                      County,
                      North Carolina 

                  	
                    $616,484.00

                  

          

        

      

       

       

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

       

      
        
          
            ALL
              OPEN APAC SURETY BONDS

            AS
              OF AUGUST 16, 2006

          

        

        
          
            	Bond
                    Number	Open/Final 	Principal	Location	Executed	Classification	Obligee	Bond
                    Amount 
	
                    14-037-458
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Dothan
                      

                  	
                    14-Mar-06

                  	
                    Resurfacing
                      

                  	
                    Pike
                      County
                      Board of Education (Alabama) 

                  	
                    $498,000.00

                  
	
                    14-030-669
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    16-Aug-05

                  	
                    New
                      Construction 

                  	
                    Pitt-Greenville
                      Airport Authority 

                  	
                    $1,059,831.65

                  
	
                    14-038-583
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Danville
                      

                  	
                    12-Jun-06

                  	
                    Resurfacing
                      

                  	
                    Pittsylvania
                      County Supervisor, Virginia 

                  	
                    $1,457,648.30

                  
	
                    14-028-750
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Wtr
                      Haven

                  	
                    25-May-05

                  	
                    New
                      Construction 

                  	
                    Polk
                      County
                      Commissioners, Florida 

                  	
                    $5,053,000.00

                  
	
                    14-028-623
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Wtr
                      Haven

                  	
                    01-Nov-04

                  	
                    Resurfacing
                      

                  	
                    Polk
                      County
                      Commissioners, Florida 

                  	
                    $3,000,000.00

                  
	
                    14-026-490
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Beaumont
                      

                  	
                    05-Apr-04

                  	
                    Resurfacing
                      

                  	
                    Port
                      of
                      Beaumont, Texas 

                  	
                    $85,500.00

                  
	
                    14-029-904
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Manassas
                      

                  	
                    08-Jun-05

                  	
                    New
                      Construction 

                  	
                    Prince
                      William
                      County Supervisors 

                  	
                    $7,222,451.50

                  
	
                    14-026-716
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Wtr
                      Haven

                  	
                    02-Jun-06

                  	
                    Utility
                      Deposit 

                  	
                    Progress
                      Energy 

                  	
                    $26,045.00

                  
	
                    14-026-717
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Tampa
                      

                  	
                    02-Jun-06

                  	
                    Utility
                      Deposit 

                  	
                    Progress
                      Energy 

                  	
                    $6,615.00

                  
	
                    14-029-406
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    05-Oct-04

                  	
                    Resurfacing
                      

                  	
                    Pryor
                      Field
                      Regional Airport Authority (Alabama) 

                  	
                    $1,806,497.73

                  
	
                    14-038-854
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    14-Jul-06

                  	
                    Resurfacing
                      

                  	
                    Pryor
                      Field
                      Regional Airport Authority (Alabama) 

                  	
                    $133,030.99

                  
	
                    14-037-530
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    12-May-06

                  	
                    Class
                      B -
                      Excavation 

                  	
                    Public
                      Water
                      Supply District #2 

                  	
                    $151,142.93

                  
	
                    14-030-471
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Peachtree

                  	
                    21-Mar-06

                  	
                    New
                      Construction 

                  	
                    R.
                      W. Smith
                      Company 

                  	
                    $30,529.80

                  
	
                    14-030-682
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    25-Jan-06

                  	
                    New
                      Construction 

                  	
                    R.E.
                      Goodson
                      Construction Company, Inc. 

                  	
                    $16,972,589.50

                  
	
                    14-026-022
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Ft
                      Myers
                      

                  	
                    01-Mar-05

                  	
                    New
                      Construction 

                  	
                    R.E.
                      Jacobs
                      Group, Inc. 

                  	
                    $2,167,631.13

                  
	
                    14-026-696
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Birminghm

                  	
                    28-Apr-04

                  	
                    Resurfacing
                      

                  	
                    Racon,
                      Inc.
                      

                  	
                    $1,639,515.69

                  
	
                    14-030-226
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Salina
                      

                  	
                    19-Jul-06

                  	
                    Resurfacing
                      

                  	
                    Reece
                      Construction Company, Inc. (Kansas) 

                  	
                    $315,681.10

                  
	
                    14-030-417
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hays
                      

                  	
                    30-Nov-05

                  	
                    New
                      Construction 

                  	
                    Reece
                      Construction Company, Inc. (Kansas) 

                  	
                    $64,610.00

                  
	
                    14-030-629
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Wtr
                      Haven

                  	
                    24-Feb-06

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Reedy
                      Creek
                      Improvement District, Florida 

                  	
                    $1,997,000.00

                  
	
                    14-029-480
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Greensbor

                  	
                    27-Jun-05

                  	
                    New
                      Construction 

                  	
                    Reedy
                      Fork
                      East, LLC 

                  	
                    $1,796,833.15

                  
	
                    14-030-692
                      

                  	
                    O

                  	
                    McClinton-Anchor
                      

                  	
                    Fayett-AR

                  	
                    06-Dec-05

                  	
                    Class
                      B -
                      Excavation 

                  	
                    Reeves
                      Family
                      Limited Partnership-PGRIV 

                  	
                    $1,215,295.15

                  
	
                    14-037-353
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    11-May-06

                  	
                    New
                      Construction 

                  	
                    Richmond
                      County, North Carolina 

                  	
                    $624,748.25

                  
	
                    14-029-058
                      

                  	
                    O

                  	
                    Harrison
                      Div.,
                      APAC-Tennessee 

                  	
                    Alcoa
                      

                  	
                    28-Apr-06

                  	
                    Attachment/Garnishment
                      

                  	
                    Rivers
                      Run
                      Properties, Inc. 

                  	
                    $53,000.00

                  
	
                    14-029-690
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Asheville

                  	
                    05-Aug-05

                  	
                    Resurfacing
                      

                  	
                    Robins
&
                      Morton Group 

                  	
                    $1,821,933.00

                  
	
                    14-030-710
                      

                  	
                    O

                  	
                    McClinton-Anchor
                      

                  	
                    Fayett-AR

                  	
                    14-Jul-06

                  	
                    Maintenance
                      

                  	
                    Rogers
                      Water
                      Utilities, Arkansas 

                  	
                    $762,195.89

                  
	
                    14-030-699
                      

                  	
                    O

                  	
                    McClinton-Anchor
                      

                  	
                    Fayett-AR

                  	
                    15-Mar-06

                  	
                    Maintenance
                      

                  	
                    Rogers
                      Water
                      Utilities, Arkansas 

                  	
                    $328,696.00

                  
	
                    14-030-298
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Asheville

                  	
                    08-Sep-05

                  	
                    Resurfacing
                      

                  	
                    Rutherford
                      County, North Carolina 

                  	
                    $1,215,112.00

                  
	
                    14-027-075
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    28-Oct-03

                  	
                    Resurfacing
                      

                  	
                    S.T.
                      Wooten
                      Corporation 

                  	
                    $3,432,403.30

                  
	
                    14-030-395
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Birminghm

                  	
                    01-May-06

                  	
                    New
                      Construction 

                  	
                    Saint
                      Clair
                      County Commission, Alabama 

                  	
                    $716,968.99

                  
	
                    14-037-441
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Jacksonvl

                  	
                    13-Jan-06

                  	
                    New
                      Construction 

                  	
                    Saint
                      Johns
                      County, Florida 

                  	
                    $6,448,027.69

                  
	
                    14-030-023
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Jacksonvl

                  	
                    21-Mar-05

                  	
                    Resurfacing
                      

                  	
                    Saint
                      Johns
                      County, Florida 

                  	
                    $1,281,428.45

                  
	
                    14-026-079
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Salina
                      

                  	
                    04-Aug-05

                  	
                    Resurfacing
                      

                  	
                    Salina
                      Airport
                      Authority 

                  	
                    $4,213,529.65

                  
	
                    14-030-225
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Salina
                      

                  	
                    12-Jul-06

                  	
                    New
                      Construction 

                  	
                    Saline
                      County,
                      Kansas 

                  	
                    $325,825.00

                  
	
                    14-030-268
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Augusta
                      

                  	
                    03-Oct-05

                  	
                    Resurfacing
                      

                  	
                    Saluda
                      County
                      Government, South Carollina 

                  	
                    $281,626.54

                  
	
                    14-029-424
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Pensacola

                  	
                    22-Oct-04

                  	
                    New
                      Construction 

                  	
                    Santa
                      Rosa
                      Island Authority 

                  	
                    $2,793,949.60

                  

          

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      
        
          
            ALL
              OPEN APAC SURETY BONDS

            AS
              OF AUGUST 16, 2006

          

        

      

      
        
          	Bond
                  Number	Open/Final 	Principal	Location	Executed	Classification	Obligee	Bond
                  Amount 
	
                  14-029-921
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Sarasota
                    

                	
                  03-May-06

                	
                  New
                    Construction 

                	
                  Sarasota
                    Board
                    of County Commissioners 

                	
                  $7,434,361.84

                
	
                  14-029-920
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Sarasota
                    

                	
                  03-May-06

                	
                  Resurfacing
                    & Maintenance 

                	
                  Sarasota
                    Board
                    of County Commissioners 

                	
                  $1,767,672.38

                
	
                  14-029-922
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Sarasota
                    

                	
                  26-May-06

                	
                  Resurfacing
                    

                	
                  Sarasota
                    Board
                    of County Commissioners 

                	
                  $935,106.01

                
	
                  14-026-362
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Sarasota
                    

                	
                  03-Oct-05

                	
                  Reclamation
                    

                	
                  Sarasota
                    Board
                    of County Commissioners 

                	
                  $109,200.00

                
	
                  14-026-363
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Sarasota
                    

                	
                  26-Nov-05

                	
                  Reclamation
                    

                	
                  Sarasota
                    Board
                    of County Commissioners 

                	
                  $10,000.00

                
	
                  14-030-385
                    

                	
                  O

                	
                  Shears
                    Division, APAC-Kansas 

                	
                  Hutchinsn

                	
                  09-Nov-05

                	
                  New
                    Construction 

                	
                  Sedgwick
                    County Commissioners, Kansas 

                	
                  $69,350.00

                
	
                  14-028-607
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Wtr
                    Haven

                	
                  01-Apr-04

                	
                  Resurfacing
                    

                	
                  Seminole
                    County Commissioners, Florida 

                	
                  $3,284,503.00

                
	
                  14-030-472
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Fortson
                    

                	
                  30-Mar-06

                	
                  New
                    Construction 

                	
                  Shannon,Strobel
                    & Weaver Constructors & Engineers 

                	
                  $1,777,429.60

                
	
                  14-030-473
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Atlanta
                    

                	
                  03-Apr-06

                	
                  New
                    Construction 

                	
                  Skanska
                    USA
                    Building, Inc. 

                	
                  $228,807.00

                
	
                  14-000-020-1076
                    

                	
                  O

                	
                  APAC-Florida,
                    Inc. 

                	
                  Medley
                    

                	
                  24-Jan-03

                	
                  Resurfacing
                    

                	
                  Solo
                    Construction 

                	
                  $3,743,890.90

                
	
                  14-026-775
                    

                	
                  O

                	
                  APAC-Atlantic,
                    Inc. 

                	
                  Darlingto

                	
                  17-Nov-05

                	
                  Reclamation
                    

                	
                  South
                    Carolina
                    Department of Health & Envir Contol

                	
                  $87,000.00

                
	
                  14-026-756
                    

                	
                  O

                	
                  APAC-Atlantic,
                    Inc. 

                	
                  Maj
                    Proj
                    

                	
                  08-May-03

                	
                  New
                    Construction & Maintenance

                	
                  South
                    Carolina
                    DOT 

                	
                  $53,647,249.00

                
	
                  14-028-791
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Mac
                    Div
                    

                	
                  10-Feb-04

                	
                  New
                    Construction 

                	
                  South
                    Carolina
                    DOT 

                	
                  $24,750,434.94

                
	
                  14-029-715
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Savannah
                    

                	
                  25-Apr-05

                	
                  New
                    Construction 

                	
                  South
                    Carolina
                    DOT 

                	
                  $16,130,583.35

                
	
                  14-000-050-0576
                    

                	
                  O

                	
                  APAC-Georgia,
                    Inc. 

                	
                  Mac
                    Div
                    

                	
                  01-May-00

                	
                  New
                    Construction 

                	
                  South
                    Carolina
                    DOT 

                	
                  $13,631,642.35

                
	
                  14-000-050-0554
                    

                	
                  O

                	
                  APAC-Georgia,
                    Inc. 

                	
                  Mac
                    Div
                    

                	
                  28-Jul-00

                	
                  Resurfacing
                    

                	
                  South
                    Carolina
                    DOT 

                	
                  $12,441,728.53

                
	
                  14-029-824
                    

                	
                  O

                	
                  APAC-Atlantic,
                    Inc. 

                	
                  Darlingto

                	
                  16-Aug-05

                	
                  Resurfacing
                    

                	
                  South
                    Carolina
                    DOT 

                	
                  $12,427,400.03

                
	
                  14-000-050-0588
                    

                	
                  O

                	
                  APAC-Georgia,
                    Inc. 

                	
                  Augusta
                    

                	
                  30-Apr-03

                	
                  Resurfacing
                    

                	
                  South
                    Carolina
                    DOT 

                	
                  $8,015,871.07

                
	
                  14-028-473
                    

                	
                  O

                	
                  Thompson-Arthur
                    Division 

                	
                  Concord
                    

                	
                  30-Dec-03

                	
                  New
                    Construction 

                	
                  South
                    Carolina
                    DOT 

                	
                  $7,459,639.35

                
	
                  14-029-834
                    

                	
                  O

                	
                  APAC-Atlantic,
                    Inc. 

                	
                  Darlingto

                	
                  25-Jan-06

                	
                  Resurfacing
                    

                	
                  South
                    Carolina
                    DOT 

                	
                  $4,722,461.60

                
	
                  14-029-818
                    

                	
                  O

                	
                  APAC-Atlantic,
                    Inc. 

                	
                  Darlingto

                	
                  01-Jun-05

                	
                  Resurfacing
                    

                	
                  South
                    Carolina
                    DOT 

                	
                  $4,032,850.80

                
	
                  14-000-050-0698
                    

                	
                  O

                	
                  APAC-Carolina,
                    Inc. (SC) 

                	
                  Darlingto

                	
                  07-Apr-03

                	
                  Resurfacing
                    

                	
                  South
                    Carolina
                    DOT 

                	
                  $4,031,518.71

                
	
                  14-029-309
                    

                	
                  O

                	
                  APAC-Atlantic,
                    Inc. 

                	
                  Darlingto

                	
                  02-Nov-04

                	
                  Resurfacing
                    

                	
                  South
                    Carolina
                    DOT 

                	
                  $3,313,217.65

                
	
                  14-029-302
                    

                	
                  O

                	
                  APAC-Atlantic,
                    Inc. 

                	
                  Concord
                    

                	
                  14-Sep-04

                	
                  Resurfacing
                    

                	
                  South
                    Carolina
                    DOT 

                	
                  $3,252,583.15

                
	
                  14-026-948
                    

                	
                  O

                	
                  Thompson-Arthur
                    Division 

                	
                  Concord
                    

                	
                  25-Sep-03

                	
                  Resurfacing
                    

                	
                  South
                    Carolina
                    DOT 

                	
                  $3,180,535.77

                
	
                  14-029-303
                    

                	
                  O

                	
                  APAC-Atlantic,
                    Inc. 

                	
                  Darlingto

                	
                  14-Sep-04

                	
                  Resurfacing
                    

                	
                  South
                    Carolina
                    DOT 

                	
                  $3,173,228.41

                
	
                  14-026-763
                    

                	
                  O

                	
                  APAC-Atlantic,
                    Inc. 

                	
                  Darlingto

                	
                  07-Nov-03

                	
                  Resurfacing
                    

                	
                  South
                    Carolina
                    DOT 

                	
                  $3,049,284.20

                
	
                  14-029-838
                    

                	
                  O

                	
                  APAC-Atlantic,
                    Inc. 

                	
                  Darlingto

                	
                  25-Apr-06

                	
                  New
                    Construction 

                	
                  South
                    Carolina
                    DOT 

                	
                  $2,782,301.13

                
	
                  14-029-291
                    

                	
                  O

                	
                  APAC-Atlantic,
                    Inc. 

                	
                  Darlingto

                	
                  23-Jun-04

                	
                  Resurfacing
                    

                	
                  South
                    Carolina
                    DOT 

                	
                  $2,739,653.14

                
	
                  14-026-767
                    

                	
                  O

                	
                  APAC-Atlantic,
                    Inc. 

                	
                  Darlingto

                	
                  14-Nov-03

                	
                  Resurfacing
                    

                	
                  South
                    Carolina
                    DOT 

                	
                  $2,399,858.26

                
	
                  14-026-762
                    

                	
                  O

                	
                  APAC-Atlantic,
                    Inc. 

                	
                  Darlingto

                	
                  05-Nov-03

                	
                  Resurfacing
                    

                	
                  South
                    Carolina
                    DOT 

                	
                  $2,244,529.03

                
	
                  14-028-439
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Savannah
                    

                	
                  06-Feb-04

                	
                  Resurfacing
                    

                	
                  South
                    Carolina
                    DOT 

                	
                  $2,197,837.99

                
	
                  14-029-822
                    

                	
                  O

                	
                  APAC-Atlantic,
                    Inc. 

                	
                  Darlingto

                	
                  03-Aug-05

                	
                  Resurfacing
                    

                	
                  South
                    Carolina
                    DOT 

                	
                  $2,153,440.47

                
	
                  14-000-050-0704
                    

                	
                  O

                	
                  APAC-Carolina,
                    Inc. (SC) 

                	
                  Darlingto

                	
                  14-May-03

                	
                  Resurfacing
                    

                	
                  South
                    Carolina
                    DOT 

                	
                  $2,109,993.46

                
	
                  14-029-837
                    

                	
                  O

                	
                  APAC-Atlantic,
                    Inc. 

                	
                  Darlingto

                	
                  25-Apr-06

                	
                  New
                    Construction 

                	
                  South
                    Carolina
                    DOT 

                	
                  $2,104,971.35

                

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      
        
          
            ALL
              OPEN APAC SURETY BONDS

            AS
              OF AUGUST 16, 2006

          

        

        
          
            	Bond
                    Number	 Open/Final	Principal	Location	Executed	Classification	Obligee	Bond
                    Amount 
	
                    14-026-769
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Darlingto

                  	
                    15-Dec-03

                  	
                    Resurfacing
                      

                  	
                    South
                      Carolina
                      DOT 

                  	
                    $2,088,994.28

                  
	
                    14-029-314
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Darlingto

                  	
                    25-Mar-05

                  	
                    Resurfacing
                      

                  	
                    South
                      Carolina
                      DOT 

                  	
                    $2,040,194.51

                  
	
                    14-029-308
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Darlingto

                  	
                    02-Nov-04

                  	
                    Resurfacing
                      

                  	
                    South
                      Carolina
                      DOT 

                  	
                    $1,952,749.45

                  
	
                    14-026-783
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Greenv'l
                      

                  	
                    22-Oct-04

                  	
                    New
                      Construction 

                  	
                    South
                      Carolina
                      DOT 

                  	
                    $1,933,507.20

                  
	
                    14-029-311
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Kinston
                      

                  	
                    03-Nov-04

                  	
                    Resurfacing
                      

                  	
                    South
                      Carolina
                      DOT 

                  	
                    $1,910,958.52

                  
	
                    14-029-825
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Darlingto

                  	
                    17-Aug-05

                  	
                    Resurfacing
                      

                  	
                    South
                      Carolina
                      DOT 

                  	
                    $1,876,224.75

                  
	
                    14-029-828
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Darlingto

                  	
                    21-Nov-05

                  	
                    Resurfacing
                      

                  	
                    South
                      Carolina
                      DOT 

                  	
                    $1,734,196.32

                  
	
                    14-029-816
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Darlingto

                  	
                    01-Jun-05

                  	
                    Resurfacing
                      

                  	
                    South
                      Carolina
                      DOT 

                  	
                    $1,647,861.41

                  
	
                    14-029-312
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Kinston
                      

                  	
                    01-Dec-04

                  	
                    Resurfacing
                      

                  	
                    South
                      Carolina
                      DOT 

                  	
                    $1,636,789.71

                  
	
                    14-029-292
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Darlingto

                  	
                    23-Jun-04

                  	
                    Resurfacing
                      

                  	
                    South
                      Carolina
                      DOT 

                  	
                    $1,505,191.39

                  
	
                    14-026-409
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Augusta
                      

                  	
                    19-Jan-04

                  	
                    Resurfacing
                      

                  	
                    South
                      Carolina
                      DOT 

                  	
                    $1,424,472.96

                  
	
                    14-029-819
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Darlingto

                  	
                    29-Jul-05

                  	
                    Resurfacing
                      

                  	
                    South
                      Carolina
                      DOT 

                  	
                    $1,386,878.86

                  
	
                    14-029-307
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Darlingto

                  	
                    02-Nov-04

                  	
                    Resurfacing
                      

                  	
                    South
                      Carolina
                      DOT 

                  	
                    $1,353,297.83

                  
	
                    14-026-771
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Darlingto

                  	
                    15-Dec-03

                  	
                    Resurfacing
                      

                  	
                    South
                      Carolina
                      DOT 

                  	
                    $1,337,681.59

                  
	
                    14-029-817
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Darlingto

                  	
                    01-Jun-05

                  	
                    Resurfacing
                      

                  	
                    South
                      Carolina
                      DOT 

                  	
                    $1,153,905.05

                  
	
                    14-026-779
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Darlingto

                  	
                    25-May-04

                  	
                    Resurfacing
                      

                  	
                    South
                      Carolina
                      DOT 

                  	
                    $1,082,184.87

                  
	
                    14-029-313
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Kinston
                      

                  	
                    05-Jan-05

                  	
                    Resurfacing
                      

                  	
                    South
                      Carolina
                      DOT 

                  	
                    $1,055,551.64

                  
	
                    14-038-627
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Darlingto

                  	
                    06-Jun-06

                  	
                    Resurfacing
                      

                  	
                    South
                      Carolina
                      DOT 

                  	
                    $638,655.12

                  
	
                    14-029-833
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Darlingto

                  	
                    25-Jan-06

                  	
                    Resurfacing
                      

                  	
                    South
                      Carolina
                      DOT 

                  	
                    $564,730.35

                  
	
                    14-029-840
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Darlingto

                  	
                    25-Apr-06

                  	
                    Resurfacing
                      

                  	
                    South
                      Carolina
                      DOT 

                  	
                    $479,329.39

                  
	
                    14-038-626
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Darlingto

                  	
                    11-May-06

                  	
                    Resurfacing
                      

                  	
                    South
                      Carolina
                      DOT 

                  	
                    $338,279.12

                  
	
                    14-029-839
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Darlingto

                  	
                    25-Apr-06

                  	
                    Resurfacing
                      

                  	
                    South
                      Carolina
                      DOT 

                  	
                    $304,974.06

                  
	
                    14-029-827
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Darlingto

                  	
                    20-Oct-05

                  	
                    Resurfacing
                      

                  	
                    South
                      Carolina
                      DOT 

                  	
                    $291,382.35

                  
	
                    14-029-835
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Darlingto

                  	
                    13-Feb-06

                  	
                    New
                      Construction 

                  	
                    South
                      Carolina
                      DOT 

                  	
                    $287,043.14

                  
	
                    14-029-829
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Darlingto

                  	
                    10-Jan-06

                  	
                    Resurfacing
                      

                  	
                    South
                      Carolina
                      DOT 

                  	
                    $256,515.15

                  
	
                    14-029-832
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Darlingto

                  	
                    25-Jan-06

                  	
                    Resurfacing
                      

                  	
                    South
                      Carolina
                      DOT 

                  	
                    $50,169.96

                  
	
                    14-030-641
                      

                  	
                    O

                  	
                    Buster
                      Paving
                      Div., APAC-Texas

                  	
                    Brashear
                      

                  	
                    05-Apr-06

                  	
                    New
                      Construction 

                  	
                    Southern
                      Pavers, Inc. (Arkansas) 

                  	
                    $1,029,215.60

                  
	
                    14-030-712
                      

                  	
                    O

                  	
                    McClinton-Anchor
                      

                  	
                    Fayett-AR

                  	
                    21-Jul-06

                  	
                    Maintenance
                      

                  	
                    Springdale
                      Water & Sewer Commission (Arkansas) 

                  	
                    $176,456.01

                  
	
                    14-030-693
                      

                  	
                    O

                  	
                    McClinton-Anchor
                      

                  	
                    Fayett-AR

                  	
                    08-Dec-05

                  	
                    Maintenance
                      

                  	
                    Springdale
                      Water & Sewer Commission (Arkansas) 

                  	
                    $170,000.00

                  
	
                    14-030-548
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Birminghm

                  	
                    12-Aug-06

                  	
                    Reclamation
                      

                  	
                    State
                      of
                      Alabama (Industrial Relations) 

                  	
                    $62,500.00

                  
	
                    14-029-019
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Dothan
                      

                  	
                    18-Feb-06

                  	
                    Reclamation
                      

                  	
                    State
                      of
                      Alabama (Industrial Relations) 

                  	
                    $20,600.00

                  
	
                    14-029-020
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Dothan
                      

                  	
                    18-Feb-06

                  	
                    Reclamation
                      

                  	
                    State
                      of
                      Alabama (Industrial Relations) 

                  	
                    $13,300.00

                  
	
                    14-029-022
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Dothan
                      

                  	
                    12-Apr-06

                  	
                    Reclamation
                      

                  	
                    State
                      of
                      Alabama (Industrial Relations) 

                  	
                    $12,500.00

                  
	
                    14-029-625
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Dothan
                      

                  	
                    18-Feb-06

                  	
                    Reclamation
                      

                  	
                    State
                      of
                      Alabama (Industrial Relations) 

                  	
                    $12,150.00

                  
	
                    14-027-024
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Dothan
                      

                  	
                    18-Feb-06

                  	
                    Reclamation
                      

                  	
                    State
                      of
                      Alabama (Industrial Relations) 

                  	
                    $7,500.00

                  

          

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

      

       

      
        
          
            ALL
              OPEN APAC SURETY BONDS

            AS
              OF AUGUST 16, 2006

          

        

        
          	Bond
                  Number	Open/Final 	Principal	Location	Executed	Classification	Obligee	Bond
                  Amount 
	
                  14-029-021
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Dothan
                    

                	
                  12-Apr-06

                	
                  Reclamation
                    

                	
                  State
                    of
                    Alabama (Industrial Relations) 

                	
                  $5,000.00

                
	
                  14-028-708
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Montgmry
                    

                	
                  27-Feb-06

                	
                  Reclamation
                    

                	
                  State
                    of
                    Alabama (Industrial Relations) 

                	
                  $2,250.00

                
	
                  14-029-018
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Dothan
                    

                	
                  18-Feb-06

                	
                  Reclamation
                    

                	
                  State
                    of
                    Alabama (Industrial Relations) 

                	
                  $2,100.00

                
	
                  14-030-024
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Andalusia

                	
                  23-Mar-06

                	
                  Weighmaster's
                    Bond 

                	
                  State
                    of
                    Alabama (Industrial Relations) 

                	
                  $1,000.00

                
	
                  14-028-677
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Huntsvill

                	
                  06-Mar-06

                	
                  Weighmaster's
                    Bond 

                	
                  State
                    of
                    Alabama (Industrial Relations) 

                	
                  $1,000.00

                
	
                  14-028-704
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Montgmry
                    

                	
                  03-Feb-06

                	
                  Weighmaster's
                    Bond 

                	
                  State
                    of
                    Alabama (Industrial Relations) 

                	
                  $1,000.00

                
	
                  14-028-705
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Montgmry
                    

                	
                  22-Jan-06

                	
                  Weighmaster's
                    Bond 

                	
                  State
                    of
                    Alabama (Industrial Relations) 

                	
                  $1,000.00

                
	
                  14-028-671
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Birminghm

                	
                  22-Feb-06

                	
                  Weighmaster's
                    Bond 

                	
                  State
                    of
                    Alabama (Industrial Relations) 

                	
                  $1,000.00

                
	
                  14-028-701
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Montgmry
                    

                	
                  06-Dec-05

                	
                  Weighmaster's
                    Bond 

                	
                  State
                    of
                    Alabama (Industrial Relations) 

                	
                  $1,000.00

                
	
                  14-028-702
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Montgmry
                    

                	
                  06-Dec-05

                	
                  Weighmaster's
                    Bond 

                	
                  State
                    of
                    Alabama (Industrial Relations) 

                	
                  $1,000.00

                
	
                  14-028-703
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Montgmry
                    

                	
                  06-Dec-05

                	
                  Weighmaster's
                    Bond 

                	
                  State
                    of
                    Alabama (Industrial Relations) 

                	
                  $1,000.00

                
	
                  14-028-672
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Birminghm

                	
                  06-Feb-06

                	
                  Weighmaster's
                    Bond 

                	
                  State
                    of
                    Alabama (Industrial Relations) 

                	
                  $1,000.00

                
	
                  14-028-674
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Birminghm

                	
                  22-Feb-06

                	
                  Weighmaster's
                    Bond 

                	
                  State
                    of
                    Alabama (Industrial Relations) 

                	
                  $1,000.00

                
	
                  14-028-700
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Montgmry
                    

                	
                  28-Feb-06

                	
                  Weighmaster's
                    Bond 

                	
                  State
                    of
                    Alabama (Industrial Relations) 

                	
                  $1,000.00

                
	
                  14-028-673
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Birminghm

                	
                  25-Feb-05

                	
                  Weighmaster's
                    Bond 

                	
                  State
                    of
                    Alabama (Industrial Relations) 

                	
                  $1,000.00

                
	
                  14-030-551
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Birminghm

                	
                  17-Aug-06

                	
                  Weighmaster's
                    Bond 

                	
                  State
                    of
                    Alabama (Industrial Relations) 

                	
                  $1,000.00

                
	
                  14-027-018
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Fortson
                    

                	
                  01-May-06

                	
                  Weighmaster's
                    Bond 

                	
                  State
                    of
                    Alabama (Industrial Relations) 

                	
                  $1,000.00

                
	
                  14-028-679
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Anniston
                    

                	
                  23-Mar-06

                	
                  Weighmaster's
                    Bond 

                	
                  State
                    of
                    Alabama (Industrial Relations) 

                	
                  $1,000.00

                
	
                  14-029-037
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Montgmry
                    

                	
                  21-Mar-06

                	
                  Weighmaster's
                    Bond 

                	
                  State
                    of
                    Alabama (Industrial Relations) 

                	
                  $1,000.00

                
	
                  14-027-037
                    

                	
                  O

                	
                  APAC-Alabama,
                    Inc. 

                	
                  Dothan
                    

                	
                  10-Apr-05

                	
                  Weighmaster's
                    Bond 

                	
                  State
                    of
                    Alabama (Industrial Relations) 

                	
                  $1,000.00

                
	
                  14-037-454
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Huntsvill

                	
                  07-Mar-06

                	
                  Notary
                    Public
                    

                	
                  State
                    of
                    Alabama (Notary Commissions) 

                	
                  $10,000.00

                
	
                  14-030-046
                    

                	
                  O

                	
                  APAC-Alabama,
                    Inc. 

                	
                  Andalusia

                	
                  20-May-05

                	
                  Notary
                    Public
                    

                	
                  State
                    of
                    Alabama (Notary Commissions) 

                	
                  $10,000.00

                
	
                  14-030-589
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Birminghm

                	
                  09-Jan-06

                	
                  Notary
                    Public
                    

                	
                  State
                    of
                    Alabama (Notary Commissions) 

                	
                  $10,000.00

                
	
                  14-030-027
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Birminghm

                	
                  29-Mar-05

                	
                  Notary
                    Public
                    

                	
                  State
                    of
                    Alabama (Notary Commissions) 

                	
                  $10,000.00

                
	
                  14-030-032
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Huntsvill

                	
                  01-May-05

                	
                  Notary
                    Public
                    

                	
                  State
                    of
                    Alabama (Notary Commissions) 

                	
                  $10,000.00

                
	
                  14-030-045
                    

                	
                  O

                	
                  APAC-Alabama,
                    Inc. 

                	
                  Andalusia

                	
                  20-May-05

                	
                  Notary
                    Public
                    

                	
                  State
                    of
                    Alabama (Notary Commissions) 

                	
                  $10,000.00

                
	
                  14-029-607
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Birminghm

                	
                  25-Oct-04

                	
                  Notary
                    Public
                    

                	
                  State
                    of
                    Alabama (Notary Commissions) 

                	
                  $10,000.00

                
	
                  14-029-633
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Birminghm

                	
                  14-Feb-05

                	
                  Notary
                    Public
                    

                	
                  State
                    of
                    Alabama (Notary Commissions) 

                	
                  $10,000.00

                
	
                  14-030-017
                    

                	
                  O

                	
                  APAC-Southeast,
                    Inc. 

                	
                  Andalusia

                	
                  09-Mar-05

                	
                  Notary
                    Public
                    

                	
                  State
                    of
                    Alabama (Notary Commissions) 

                	
                  $10,000.00

                
	
                  14-025-936
                    

                	
                  O

                	
                  APAC-Tennessee,
                    Inc. 

                	
                  Memphis
                    

                	
                  30-Oct-05

                	
                  Reclamation
                    

                	
                  State
                    of
                    Arkansas 

                	
                  $2,582,000.00

                
	
                  14-025-928
                    

                	
                  O

                	
                  McClinton-Anchor
                    

                	
                  Fayett-AR

                	
                  13-Sep-05

                	
                  Reclamation
                    

                	
                  State
                    of
                    Arkansas 

                	
                  $253,000.00

                
	
                  14-029-092
                    

                	
                  O

                	
                  Arkhola
                    Div,
                    APAC-Arkansas 

                	
                  Ft
                    Smith
                    

                	
                  27-Jul-06

                	
                  Reclamation
                    

                	
                  State
                    of
                    Arkansas 

                	
                  $119,900.00

                
	
                  14-026-209
                    

                	
                  O

                	
                  Wilkerson-Maxwell
                    

                	
                  KS
                    City
                    

                	
                  30-Jun-06

                	
                  Contractor's
                    License/Tax 

                	
                  State
                    of
                    Arkansas 

                	
                  $10,000.00

                
	
                  14-026-831
                    

                	
                  O

                	
                  APAC-Missouri,
                    Inc. 

                	
                  Springfld

                	
                  15-Mar-06

                	
                  Contractor's
                    License/Tax 

                	
                  State
                    of
                    Arkansas 

                	
                  $10,000.00

                
	
                  14-028-879
                    

                	
                  O

                	
                  APAC-Arkansas,
                    Inc. 

                	
                  Ft
                    Smith
                    

                	
                  17-Apr-06

                	
                  Contractor's
                    License/Tax 

                	
                  State
                    of
                    Arkansas 

                	
                  $10,000.00

                

        

      

      
        

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

      

       

      
        
          
            ALL
              OPEN APAC SURETY BONDS

            AS
              OF AUGUST 16, 2006

          

        

        
          
            	Bond
                    Number	Open/Final 	Principal	Location 	Executed	Classification	Obligee	Bond
                    Amount 
	
                    14-028-874
                      

                  	
                    O

                  	
                    McClinton-Anchor
                      

                  	
                    Fayett-AR

                  	
                    18-Mar-05

                  	
                    Contractor's
                      License/Tax 

                  	
                    State
                      of
                      Arkansas 

                  	
                    $10,000.00

                  
	
                    14-028-875
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Memphis
                      

                  	
                    18-Mar-05

                  	
                    Contractor's
                      License/Tax 

                  	
                    State
                      of
                      Arkansas 

                  	
                    $10,000.00

                  
	
                    14-025-919
                      

                  	
                    O

                  	
                    APAC-Arkansas,
                      Inc. 

                  	
                    Fayett-AR

                  	
                    09-Aug-04

                  	
                    Right-of-Way
                      or Encroachment 

                  	
                    State
                      of
                      Arkansas 

                  	
                    $5,000.00

                  
	
                    14-030-696
                      

                  	
                    O

                  	
                    APAC-Arkansas,
                      Inc. 

                  	
                    Fayett-AR

                  	
                    18-Jan-06

                  	
                    Notary
                      Public
                      

                  	
                    State
                      of
                      Arkansas (Notary) 

                  	
                    $7,500.00

                  
	
                    14-030-695
                      

                  	
                    O

                  	
                    APAC-Arkansas,
                      Inc. 

                  	
                    Fayett-AR

                  	
                    11-Jan-06

                  	
                    Notary
                      Public
                      

                  	
                    State
                      of
                      Arkansas (Notary) 

                  	
                    $7,500.00

                  
	
                    14-028-711
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Jacksonvl

                  	
                    12-Jan-06

                  	
                    Special
                      Fuel/Motor Fuel Tax 

                  	
                    State
                      of
                      Florida, Motor Carrier Compliance Office 

                  	
                    $10,000.00

                  
	
                    14-026-438
                      

                  	
                    O

                  	
                    Reno
                      Construction Company 

                  	
                    Overland
                      

                  	
                    06-Sep-05

                  	
                    Closure
                      Performance 

                  	
                    State
                      of
                      Kansas 

                  	
                    $2,321,646.69

                  
	
                    14-026-452
                      

                  	
                    O

                  	
                    Reno
                      Construction Company 

                  	
                    Overland
                      

                  	
                    11-May-06

                  	
                    Reclamation
                      

                  	
                    State
                      of
                      Kansas 

                  	
                    $59,100.00

                  
	
                    14-000-005-4914
                      

                  	
                    O

                  	
                    APAC-Kansas,
                      Inc. 

                  	
                    Hutchinsn

                  	
                    19-Sep-02

                  	
                    Notary
                      Public
                      

                  	
                    State
                      of
                      Kansas 

                  	
                    $7,500.00

                  
	
                    14-000-005-1502
                      

                  	
                    O

                  	
                    Reno
                      Construction Company 

                  	
                    Overland
                      

                  	
                    06-Feb-03

                  	
                    Notary
                      Public
                      

                  	
                    State
                      of
                      Kansas 

                  	
                    $7,500.00

                  
	
                    14-029-882
                      

                  	
                    O

                  	
                    APAC-Kansas,
                      Inc. 

                  	
                    Hutchinsn

                  	
                    25-Feb-05

                  	
                    Notary
                      Public
                      

                  	
                    State
                      of
                      Kansas (Notary Public) 

                  	
                    $7,500.00

                  
	
                    14-038-660
                      

                  	
                    O

                  	
                    APAC-Kansas,
                      Inc. 

                  	
                    Hutchinsn

                  	
                    31-Mar-06

                  	
                    Notary
                      Public
                      

                  	
                    State
                      of
                      Kansas (Notary Public) 

                  	
                    $7,500.00

                  
	
                    14-026-306
                      

                  	
                    O

                  	
                    APAC-Kansas,
                      Inc. 

                  	
                    Hutchinsn

                  	
                    11-Mar-04

                  	
                    Notary
                      Public
                      

                  	
                    State
                      of
                      Kansas (Notary Public) 

                  	
                    $7,500.00

                  
	
                    14-028-590
                      

                  	
                    O

                  	
                    APAC-Kansas,
                      Inc. 

                  	
                    Hutchinsn

                  	
                    11-Mar-04

                  	
                    Notary
                      Public
                      

                  	
                    State
                      of
                      Kansas (Notary Public) 

                  	
                    $7,500.00

                  
	
                    14-029-866
                      

                  	
                    O

                  	
                    APAC-Kansas,
                      Inc. 

                  	
                    Hutchinsn

                  	
                    03-Jan-05

                  	
                    Notary
                      Public
                      

                  	
                    State
                      of
                      Kansas (Notary Public) 

                  	
                    $7,500.00

                  
	
                    14-030-420
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hays
                      

                  	
                    01-May-06

                  	
                    Resurfacing
                      

                  	
                    State
                      of
                      Kansas, Division of Purchases 

                  	
                    $185,000.00

                  
	
                    14-037-315
                      

                  	
                    O

                  	
                    APAC-Kansas,
                      Inc. 

                  	
                    Hutchinsn

                  	
                    31-Jan-06

                  	
                    Supply
                      Bond
                      

                  	
                    State
                      of
                      Kansas, Division of Purchases 

                  	
                    $157.75

                  
	
                    14-025-890
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    14-Sep-05

                  	
                    Contractor's
                      License/Tax 

                  	
                    State
                      of
                      Mississippi (Notary) 

                  	
                    $200,000.00

                  
	
                    14-028-457
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Columbus
                      

                  	
                    28-Apr-06

                  	
                    Reclamation
                      

                  	
                    State
                      of
                      Mississippi (Notary) 

                  	
                    $82,500.00

                  
	
                    14-025-873
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    21-Jul-06

                  	
                    Reclamation
                      

                  	
                    State
                      of
                      Mississippi (Notary) 

                  	
                    $12,000.00

                  
	
                    14-025-882
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    09-Aug-05

                  	
                    Special
                      Fuel/Motor Fuel Tax 

                  	
                    State
                      of
                      Mississippi (Notary) 

                  	
                    $10,000.00

                  
	
                    14-000-005-0439
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    06-Jan-03

                  	
                    Notary
                      Public
                      

                  	
                    State
                      of
                      Mississippi (Notary) 

                  	
                    $5,000.00

                  
	
                    14-025-860
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    15-Apr-03

                  	
                    Notary
                      Public
                      

                  	
                    State
                      of
                      Mississippi (Notary) 

                  	
                    $5,000.00

                  
	
                    14-029-246
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    30-Jan-05

                  	
                    Notary
                      Public
                      

                  	
                    State
                      of
                      Mississippi (Notary) 

                  	
                    $5,000.00

                  
	
                    14-030-164
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Columbus
                      

                  	
                    11-Jan-06

                  	
                    Notary
                      Public
                      

                  	
                    State
                      of
                      Mississippi (Notary) 

                  	
                    $5,000.00

                  
	
                    14-030-154
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    06-Oct-05

                  	
                    Notary
                      Public
                      

                  	
                    State
                      of
                      Mississippi (Notary) 

                  	
                    $5,000.00

                  
	
                    14-030-161
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    11-Nov-05

                  	
                    Notary
                      Public
                      

                  	
                    State
                      of
                      Mississippi (Notary) 

                  	
                    $5,000.00

                  
	
                    14-029-257
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    11-Apr-05

                  	
                    Notary
                      Public
                      

                  	
                    State
                      of
                      Mississippi (Notary) 

                  	
                    $5,000.00

                  
	
                    14-030-169
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Vicksburg

                  	
                    06-Mar-06

                  	
                    Notary
                      Public
                      

                  	
                    State
                      of
                      Mississippi (Notary) 

                  	
                    $5,000.00

                  
	
                    14-025-883
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    19-Aug-05

                  	
                    Reclamation
                      

                  	
                    State
                      of
                      Mississippi (Notary) 

                  	
                    $2,200.00

                  
	
                    14-000-075-0584
                      

                  	
                    O

                  	
                    Reno
                      Construction Company 

                  	
                    Sugar
                      Crk

                  	
                    24-Jan-03

                  	
                    New
                      Construction 

                  	
                    State
                      of
                      Missouri 

                  	
                    $12,526,453.07

                  
	
                    14-028-537
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    10-Feb-06

                  	
                    Reclamation
                      

                  	
                    State
                      of
                      Missouri 

                  	
                    $437,500.00

                  
	
                    14-025-782
                      

                  	
                    O

                  	
                    Limpus
                      Quarries 

                  	
                    Harrison
                      

                  	
                    06-Aug-06

                  	
                    Reclamation
                      

                  	
                    State
                      of
                      Missouri 

                  	
                    $158,000.00

                  
	
                    14-037-534
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Springfld

                  	
                    05-Jun-06

                  	
                    Resurfacing
                      

                  	
                    State
                      of
                      Missouri 

                  	
                    $106,450.00

                  
	
                    14-025-781
                      

                  	
                    O

                  	
                    Limpus
                      Quarries 

                  	
                    Harrison
                      

                  	
                    28-Jul-06

                  	
                    Reclamation
                      

                  	
                    State
                      of
                      Missouri 

                  	
                    $97,500.00

                  

          

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

      

       

      
        
          
            ALL
              OPEN APAC SURETY BONDS

            AS
              OF AUGUST 16, 2006

          

        

      

      
        
          	Bond
                  Number	Open/Final 	Principal	Location	Executed	Classification	Obligee	Bond
                  Amount 
	
                  14-025-917
                    

                	
                  O

                	
                  McClinton-Anchor
                    

                	
                  Fayett-AR

                	
                  30-Jul-06

                	
                  Reclamation
                    

                	
                  State
                    of
                    Missouri 

                	
                  $70,500.00

                
	
                  14-030-115
                    

                	
                  O

                	
                  APAC-Missouri,
                    Inc. 

                	
                  Springfld

                	
                  29-Sep-05

                	
                  Notary
                    Public
                    

                	
                  State
                    of
                    Missouri 

                	
                  $10,000.00

                
	
                  14-037-252
                    

                	
                  O

                	
                  APAC-Missouri,
                    Inc. 

                	
                  Columb,MO

                	
                  20-Dec-05

                	
                  Notary
                    Public
                    

                	
                  State
                    of
                    Missouri 

                	
                  $10,000.00

                
	
                  14-026-215
                    

                	
                  O

                	
                  APAC-Kansas,
                    Inc. 

                	
                  KS
                    City
                    

                	
                  21-Jun-04

                	
                  Notary
                    Public
                    

                	
                  State
                    of
                    Missouri 

                	
                  $10,000.00

                
	
                  14-029-320
                    

                	
                  O

                	
                  APAC-Missouri,
                    Inc. 

                	
                  Columb,MO

                	
                  16-Mar-04

                	
                  Notary
                    Public
                    

                	
                  State
                    of
                    Missouri 

                	
                  $10,000.00

                
	
                  14-029-516
                    

                	
                  O

                	
                  APAC-Missouri,
                    Inc. 

                	
                  Columb,MO

                	
                  21-Jan-05

                	
                  Notary
                    Public
                    

                	
                  State
                    of
                    Missouri 

                	
                  $10,000.00

                
	
                  14-000-005-4018
                    

                	
                  O

                	
                  APAC-Missouri,
                    Inc. 

                	
                  Columb,MO

                	
                  18-Nov-02

                	
                  Notary
                    Public
                    

                	
                  State
                    of
                    Missouri 

                	
                  $10,000.00

                
	
                  14-025-947
                    

                	
                  O

                	
                  McClinton-Anchor
                    

                	
                  Fayett-AR

                	
                  01-Jan-06

                	
                  Miscellaneous
                    Tax 

                	
                  State
                    of
                    Missouri 

                	
                  $5,000.00

                
	
                  14-037-254
                    

                	
                  O

                	
                  APAC-Missouri,
                    Inc. 

                	
                  Columb,MO

                	
                  26-Jan-06

                	
                  Notary
                    Public
                    

                	
                  State
                    of
                    Missouri (Notary) 

                	
                  $10,000.00

                
	
                  14-037-518
                    

                	
                  O

                	
                  APAC-Missouri,
                    Inc. 

                	
                  Columb,MO

                	
                  26-Mar-06

                	
                  Notary
                    Public
                    

                	
                  State
                    of
                    Missouri (Notary) 

                	
                  $10,000.00

                
	
                  14-026-262
                    

                	
                  O

                	
                  Coastal
                    Carolina Division 

                	
                  Kinston
                    

                	
                  26-Jun-06

                	
                  Reclamation
                    

                	
                  State
                    of North
                    Carolina 

                	
                  $500,000.00

                
	
                  14-026-842
                    

                	
                  O

                	
                  Thompson-Arthur
                    Paving Company

                	
                  Greensbor

                	
                  28-Jun-06

                	
                  Mining
                    Leases
                    & Misc. 

                	
                  State
                    of North
                    Carolina 

                	
                  $500,000.00

                
	
                  14-026-398
                    

                	
                  O

                	
                  Harrison
                    Construction Company 

                	
                  Alcoa
                    

                	
                  22-Jun-06

                	
                  Mining
                    Leases
                    & Misc. 

                	
                  State
                    of North
                    Carolina 

                	
                  $500,000.00

                
	
                  14-038-586
                    

                	
                  O

                	
                  APAC-Atlantic,
                    Inc. 

                	
                  Greensbor

                	
                  15-Jun-06

                	
                  Resurfacing
                    

                	
                  State
                    of North
                    Carolina 

                	
                  $315,773.00

                
	
                  14-026-937
                    

                	
                  O

                	
                  Thompson-Arthur
                    Division 

                	
                  Kinston
                    

                	
                  21-Sep-05

                	
                  Reclamation
                    

                	
                  State
                    of North
                    Carolina 

                	
                  $183,300.00

                
	
                  14-026-933
                    

                	
                  O

                	
                  Thompson-Arthur
                    Division 

                	
                  Fayette-C

                	
                  20-Jul-06

                	
                  Reclamation
                    

                	
                  State
                    of North
                    Carolina 

                	
                  $81,000.00

                
	
                  14-026-746
                    

                	
                  O

                	
                  APAC-Carolina,
                    Inc. (NC) 

                	
                  Fayette-C

                	
                  01-May-06

                	
                  Reclamation
                    

                	
                  State
                    of North
                    Carolina 

                	
                  $58,200.00

                
	
                  14-028-946
                    

                	
                  O

                	
                  Thompson-Arthur
                    Division 

                	
                  Kinston
                    

                	
                  29-Mar-06

                	
                  Reclamation
                    

                	
                  State
                    of North
                    Carolina 

                	
                  $22,800.00

                
	
                  14-028-945
                    

                	
                  O

                	
                  Thompson-Arthur
                    Division 

                	
                  Kinston
                    

                	
                  04-Mar-06

                	
                  Reclamation
                    

                	
                  State
                    of North
                    Carolina 

                	
                  $18,800.00

                
	
                  14-028-944
                    

                	
                  O

                	
                  Thompson-Arthur
                    Division 

                	
                  Kinston
                    

                	
                  23-Feb-06

                	
                  Reclamation
                    

                	
                  State
                    of North
                    Carolina 

                	
                  $4,200.00

                
	
                  14-030-005
                    

                	
                  O

                	
                  APAC-Oklahoma,
                    Inc. 

                	
                  Tulsa
                    

                	
                  10-Jun-05

                	
                  Notary
                    Public
                    

                	
                  State
                    of
                    Oklahoma (Notary Public Division) 

                	
                  $1,000.00

                
	
                  14-028-544
                    

                	
                  O

                	
                  APAC-Oklahoma,
                    Inc. 

                	
                  Tulsa
                    

                	
                  01-Dec-03

                	
                  Notary
                    Public
                    

                	
                  State
                    of
                    Oklahoma (Notary Public Division) 

                	
                  $1,000.00

                
	
                  14-028-545
                    

                	
                  O

                	
                  APAC-Oklahoma,
                    Inc. 

                	
                  Tulsa
                    

                	
                  01-Dec-03

                	
                  Notary
                    Public
                    

                	
                  State
                    of
                    Oklahoma (Notary Public Division) 

                	
                  $1,000.00

                
	
                  14-025-999
                    

                	
                  O

                	
                  Arkhola
                    Sand
                    & Gravel 

                	
                  Ft
                    Smith
                    

                	
                  04-Dec-05

                	
                  Reclamation
                    

                	
                  State
                    of
                    Oklahoma (Public Safety) 

                	
                  $185,250.00

                
	
                  14-025-994
                    

                	
                  O

                	
                  APAC-Oklahoma,
                    Inc. 

                	
                  Tulsa
                    

                	
                  29-Jun-06

                	
                  Reclamation
                    

                	
                  State
                    of
                    Oklahoma (Public Safety) 

                	
                  $160,000.00

                
	
                  14-025-992
                    

                	
                  O

                	
                  APAC-Oklahoma,
                    Inc. 

                	
                  Tulsa
                    

                	
                  01-Jul-06

                	
                  Reclamation
                    

                	
                  State
                    of
                    Oklahoma (Public Safety) 

                	
                  $154,865.00

                
	
                  14-025-998
                    

                	
                  O

                	
                  Arkhola
                    Sand
                    & Gravel 

                	
                  Ft
                    Smith
                    

                	
                  01-Oct-05

                	
                  Reclamation
                    

                	
                  State
                    of
                    Oklahoma (Public Safety) 

                	
                  $94,500.00

                
	
                  14-025-993
                    

                	
                  O

                	
                  APAC-Oklahoma,
                    Inc. 

                	
                  Tulsa
                    

                	
                  01-Jul-06

                	
                  Reclamation
                    

                	
                  State
                    of
                    Oklahoma (Public Safety) 

                	
                  $75,000.00

                
	
                  14-025-995
                    

                	
                  O

                	
                  APAC-Oklahoma,
                    Inc. 

                	
                  Tulsa
                    

                	
                  25-Jun-06

                	
                  Reclamation
                    

                	
                  State
                    of
                    Oklahoma (Public Safety) 

                	
                  $60,000.00

                
	
                  14-026-002
                    

                	
                  O

                	
                  APAC-Oklahoma,
                    Inc. 

                	
                  Tulsa
                    

                	
                  15-Mar-06

                	
                  Reclamation
                    

                	
                  State
                    of
                    Oklahoma (Public Safety) 

                	
                  $50,595.00

                
	
                  14-026-003
                    

                	
                  O

                	
                  APAC-Oklahoma,
                    Inc. 

                	
                  Tulsa
                    

                	
                  22-Sep-05

                	
                  Highway
                    Use/Excess Weight 

                	
                  State
                    of
                    Oklahoma (Public Safety) 

                	
                  $10,000.00

                
	
                  14-026-856
                    

                	
                  O

                	
                  Shawnee
                    Division 

                	
                  Shawnee
                    

                	
                  20-May-06

                	
                  Highway
                    Use/Excess Weight 

                	
                  State
                    of
                    Oklahoma (Public Safety) 

                	
                  $5,000.00

                
	
                  14-026-104
                    

                	
                  O

                	
                  APAC-Texas,
                    Inc. 

                	
                  Brashear
                    

                	
                  18-Feb-06

                	
                  Highway
                    Use/Excess Weight 

                	
                  State
                    of
                    Oklahoma (Public Safety) 

                	
                  $5,000.00

                
	
                  14-025-929
                    

                	
                  O

                	
                  McClinton-Anchor
                    

                	
                  Fayett-AR

                	
                  08-Sep-05

                	
                  Highway
                    Use/Excess Weight 

                	
                  State
                    of
                    Oklahoma (Public Safety) 

                	
                  $5,000.00

                
	
                  14-026-211
                    

                	
                  O

                	
                  Wilkerson-Maxwell
                    

                	
                  KS
                    City
                    

                	
                  31-Jan-06

                	
                  Highway
                    Use/Excess Weight 

                	
                  State
                    of
                    Oklahoma (Public Safety) 

                	
                  $5,000.00

                

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      
        
          
            ALL
              OPEN APAC SURETY BONDS

            AS
              OF AUGUST 16, 2006

          

        

        
          
            	Bond
                    Number	Open/Final 	Principal	Location	Executed 	Classification	Obligee	Bond
                    Amount 
	
                    14-000-005-1626
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Memphis
                      

                  	
                    30-Oct-02

                  	
                    Notary
                      Public
                      

                  	
                    State
                      of
                      Tennessee 

                  	
                    $10,000.00

                  
	
                    14-028-385
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Alcoa
                      

                  	
                    01-Sep-04

                  	
                    Notary
                      Public
                      

                  	
                    State
                      of
                      Tennessee 

                  	
                    $10,000.00

                  
	
                    14-026-622
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Knoxville

                  	
                    04-May-05

                  	
                    Notary
                      Public
                      

                  	
                    State
                      of
                      Tennessee 

                  	
                    $10,000.00

                  
	
                    14-029-166
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Columbus
                      

                  	
                    10-Jun-04

                  	
                    Notary
                      Public
                      

                  	
                    State
                      of
                      Tennessee 

                  	
                    $10,000.00

                  
	
                    14-028-375
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Alcoa
                      

                  	
                    13-Jun-04

                  	
                    Notary
                      Public
                      

                  	
                    State
                      of
                      Tennessee 

                  	
                    $10,000.00

                  
	
                    14-026-614
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Knoxville

                  	
                    24-May-04

                  	
                    Notary
                      Public
                      

                  	
                    State
                      of
                      Tennessee 

                  	
                    $10,000.00

                  
	
                    14-000-005-2912
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Knoxville

                  	
                    30-Sep-02

                  	
                    Notary
                      Public
                      

                  	
                    State
                      of
                      Tennessee 

                  	
                    $10,000.00

                  
	
                    14-000-005-1628
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Memphis
                      

                  	
                    26-Nov-02

                  	
                    Notary
                      Public
                      

                  	
                    State
                      of
                      Tennessee 

                  	
                    $10,000.00

                  
	
                    14-000-005-1627
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Memphis
                      

                  	
                    06-Nov-02

                  	
                    Notary
                      Public
                      

                  	
                    State
                      of
                      Tennessee 

                  	
                    $10,000.00

                  
	
                    14-029-059
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Memphis
                      

                  	
                    15-May-06

                  	
                    Weighmaster's
                      Bond 

                  	
                    State
                      of
                      Tennessee 

                  	
                    $5,000.00

                  
	
                    14-029-055
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Memphis
                      

                  	
                    03-Feb-06

                  	
                    Notary
                      Public
                      

                  	
                    State
                      of
                      Tennessee, Secretary of State (Notary) 

                  	
                    $10,000.00

                  
	
                    14-026-630
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Knoxville

                  	
                    03-May-06

                  	
                    Notary
                      Public
                      

                  	
                    State
                      of
                      Tennessee, Secretary of State (Notary) 

                  	
                    $10,000.00

                  
	
                    14-029-054
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Memphis
                      

                  	
                    03-Feb-06

                  	
                    Notary
                      Public
                      

                  	
                    State
                      of
                      Tennessee, Secretary of State (Notary) 

                  	
                    $10,000.00

                  
	
                    14-030-575
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Medley
                      

                  	
                    22-Nov-05

                  	
                    New
                      Construction 

                  	
                    Stiles
                      Construction Company 

                  	
                    $831,387.00

                  
	
                    14-037-525
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Springfld

                  	
                    24-Apr-06

                  	
                    Resurfacing
                      

                  	
                    Stone
                      County
                      Commission, Missouri 

                  	
                    $300,000.00

                  
	
                    14-037-391
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Asheville

                  	
                    19-May-06

                  	
                    New
                      Construction 

                  	
                    Summers-Taylor,
                      Inc. 

                  	
                    $1,758,971.10

                  
	
                    14-037-340
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    01-Mar-06

                  	
                    New
                      Construction 

                  	
                    Sumner
                      County
                      Commissioners, Kansas 

                  	
                    $2,560,794.27

                  
	
                    14-030-179
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    06-Jun-06

                  	
                    Resurfacing
                      

                  	
                    Sunflower
                      County Supervisors, Mississippi 

                  	
                    $1,237,564.34

                  
	
                    14-030-632
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Wtr
                      Haven

                  	
                    19-Apr-06

                  	
                    Utility
                      Deposit 

                  	
                    Tampa
                      Electric
                      Company 

                  	
                    $24,000.00

                  
	
                    14-028-595
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Tampa
                      

                  	
                    18-Sep-05

                  	
                    Utility
                      Deposit 

                  	
                    Tampa
                      Electric
                      Company 

                  	
                    $22,700.00

                  
	
                    14-030-595
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Tampa
                      

                  	
                    18-Jul-06

                  	
                    Utility
                      Deposit 

                  	
                    Tampa
                      Electric
                      Company 

                  	
                    $16,950.00

                  
	
                    14-028-596
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Tampa
                      

                  	
                    18-Sep-05

                  	
                    Utility
                      Deposit 

                  	
                    Tampa
                      Electric
                      Company 

                  	
                    $15,650.00

                  
	
                    14-037-401
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Asheville

                  	
                    28-Jun-06

                  	
                    Resurfacing
                      

                  	
                    Taylor
&
                      Murphy Construction Company, Inc. 

                  	
                    $10,714,764.00

                  
	
                    14-037-491
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Knoxville

                  	
                    05-Jun-06

                  	
                    New
                      Construction 

                  	
                    Tennessee
                      Board of Regents 

                  	
                    $584,181.00

                  
	
                    14-029-045
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Memphis
                      

                  	
                    17-Aug-06

                  	
                    Weighmaster's
                      Bond 

                  	
                    Tennessee
                      Department of Agriculture 

                  	
                    $5,000.00

                  
	
                    14-026-188
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    14-Jul-06

                  	
                    Weighmaster's
                      Bond 

                  	
                    Tennessee
                      Department of Agriculture 

                  	
                    $5,000.00

                  
	
                    14-026-185
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Knoxville

                  	
                    30-Jun-06

                  	
                    Weighmaster's
                      Bond 

                  	
                    Tennessee
                      Department of Agriculture 

                  	
                    $5,000.00

                  
	
                    14-026-186
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Knoxville

                  	
                    30-Jun-06

                  	
                    Weighmaster's
                      Bond 

                  	
                    Tennessee
                      Department of Agriculture 

                  	
                    $5,000.00

                  
	
                    14-026-863
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Alcoa
                      

                  	
                    12-Jun-06

                  	
                    Weighmaster's
                      Bond 

                  	
                    Tennessee
                      Department of Agriculture 

                  	
                    $5,000.00

                  
	
                    14-026-160
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Memphis
                      

                  	
                    30-Jun-06

                  	
                    Weighmaster's
                      Bond 

                  	
                    Tennessee
                      Department of Agriculture 

                  	
                    $5,000.00

                  
	
                    14-026-161
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Memphis
                      

                  	
                    30-Jun-06

                  	
                    Weighmaster's
                      Bond 

                  	
                    Tennessee
                      Department of Agriculture 

                  	
                    $5,000.00

                  
	
                    14-026-184
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Knoxville

                  	
                    30-Jun-06

                  	
                    Weighmaster's
                      Bond 

                  	
                    Tennessee
                      Department of Agriculture 

                  	
                    $5,000.00

                  
	
                    14-026-177
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Memphis
                      

                  	
                    18-Feb-06

                  	
                    Weighmaster's
                      Bond 

                  	
                    Tennessee
                      Department of Agriculture 

                  	
                    $5,000.00

                  
	
                    14-029-049
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Memphis
                      

                  	
                    28-Mar-06

                  	
                    Weighmaster's
                      Bond 

                  	
                    Tennessee
                      Department of Agriculture 

                  	
                    $5,000.00

                  
	
                    14-026-159
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Memphis
                      

                  	
                    24-Apr-06

                  	
                    Weighmaster's
                      Bond 

                  	
                    Tennessee
                      Department of Agriculture 

                  	
                    $5,000.00

                  

          

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

      

       

      
        
          
            
              ALL
                OPEN APAC SURETY BONDS

              AS
                OF AUGUST 16, 2006

            

          

          
            
              	Bond
                      Number	Open/Final 	Principal	Location	Executed	Classification	Obligee	Bond
                      Amount 
	
                      14-028-389
                        

                    	
                      O

                    	
                      APAC-Tennessee,
                        Inc. 

                    	
                      Alcoa
                        

                    	
                      07-Oct-05

                    	
                      Weighmaster's
                        Bond 

                    	
                      Tennessee
                        Department of Agriculture 

                    	
                      $5,000.00

                    
	
                      14-026-165
                        

                    	
                      O

                    	
                      APAC-Tennessee,
                        Inc. 

                    	
                      Memphis
                        

                    	
                      06-Sep-05

                    	
                      Weighmaster's
                        Bond 

                    	
                      Tennessee
                        Department of Agriculture 

                    	
                      $5,000.00

                    
	
                      14-026-195
                        

                    	
                      O

                    	
                      APAC-Mississippi,
                        Inc. 

                    	
                      Columbus
                        

                    	
                      22-Sep-05

                    	
                      Weighmaster's
                        Bond 

                    	
                      Tennessee
                        Department of Agriculture 

                    	
                      $5,000.00

                    
	
                      14-028-383
                        

                    	
                      O

                    	
                      APAC-Tennessee,
                        Inc. 

                    	
                      Alcoa
                        

                    	
                      24-Aug-05

                    	
                      Weighmaster's
                        Bond 

                    	
                      Tennessee
                        Department of Agriculture 

                    	
                      $5,000.00

                    
	
                      14-028-384
                        

                    	
                      O

                    	
                      APAC-Tennessee,
                        Inc. 

                    	
                      Alcoa
                        

                    	
                      24-Aug-05

                    	
                      Weighmaster's
                        Bond 

                    	
                      Tennessee
                        Department of Agriculture 

                    	
                      $5,000.00

                    
	
                      14-028-388
                        

                    	
                      O

                    	
                      APAC-Tennessee,
                        Inc. 

                    	
                      Alcoa
                        

                    	
                      07-Oct-05

                    	
                      Weighmaster's
                        Bond 

                    	
                      Tennessee
                        Department of Agriculture 

                    	
                      $5,000.00

                    
	
                      14-026-963
                        

                    	
                      O

                    	
                      Harrison
                        Construction Company 

                    	
                      Alcoa
                        

                    	
                      09-Aug-05

                    	
                      Weighmaster's
                        Bond 

                    	
                      Tennessee
                        Department of Agriculture 

                    	
                      $5,000.00

                    
	
                      14-026-964
                        

                    	
                      O

                    	
                      Harrison
                        Construction Company 

                    	
                      Alcoa
                        

                    	
                      09-Aug-05

                    	
                      Weighmaster's
                        Bond 

                    	
                      Tennessee
                        Department of Agriculture 

                    	
                      $5,000.00

                    
	
                      14-026-970
                        

                    	
                      O

                    	
                      APAC-Tennessee,
                        Inc. 

                    	
                      Alcoa
                        

                    	
                      10-Sep-05

                    	
                      Weighmaster's
                        Bond 

                    	
                      Tennessee
                        Department of Agriculture 

                    	
                      $5,000.00

                    
	
                      14-026-962
                        

                    	
                      O

                    	
                      APAC-Tennessee,
                        Inc. 

                    	
                      Alcoa
                        

                    	
                      25-Jul-05

                    	
                      Weighmaster's
                        Bond 

                    	
                      Tennessee
                        Department of Agriculture 

                    	
                      $5,000.00

                    
	
                      14-026-959
                        

                    	
                      O

                    	
                      APAC-Tennessee,
                        Inc. 

                    	
                      Alcoa
                        

                    	
                      23-Jul-05

                    	
                      Weighmaster's
                        Bond 

                    	
                      Tennessee
                        Department of Agriculture 

                    	
                      $5,000.00

                    
	
                      14-026-960
                        

                    	
                      O

                    	
                      APAC-Tennessee,
                        Inc. 

                    	
                      Alcoa
                        

                    	
                      23-Jul-05

                    	
                      Weighmaster's
                        Bond 

                    	
                      Tennessee
                        Department of Agriculture 

                    	
                      $5,000.00

                    
	
                      14-026-961
                        

                    	
                      O

                    	
                      APAC-Tennessee,
                        Inc. 

                    	
                      Alcoa
                        

                    	
                      25-Jul-05

                    	
                      Weighmaster's
                        Bond 

                    	
                      Tennessee
                        Department of Agriculture 

                    	
                      $5,000.00

                    
	
                      14-026-396
                        

                    	
                      O

                    	
                      Harrison
                        Construction Company 

                    	
                      Alcoa
                        

                    	
                      21-Jun-05

                    	
                      Weighmaster's
                        Bond 

                    	
                      Tennessee
                        Department of Agriculture 

                    	
                      $5,000.00

                    
	
                      14-026-403
                        

                    	
                      O

                    	
                      Harrison
                        Construction Company 

                    	
                      Alcoa
                        

                    	
                      30-Jun-05

                    	
                      Weighmaster's
                        Bond 

                    	
                      Tennessee
                        Department of Agriculture 

                    	
                      $5,000.00

                    
	
                      14-026-404
                        

                    	
                      O

                    	
                      Harrison
                        Construction Company 

                    	
                      Alcoa
                        

                    	
                      30-Jun-05

                    	
                      Weighmaster's
                        Bond 

                    	
                      Tennessee
                        Department of Agriculture 

                    	
                      $5,000.00

                    
	
                      14-026-393
                        

                    	
                      O

                    	
                      Harrison
                        Construction Company 

                    	
                      Alcoa
                        

                    	
                      21-Jun-05

                    	
                      Weighmaster's
                        Bond 

                    	
                      Tennessee
                        Department of Agriculture 

                    	
                      $5,000.00

                    
	
                      14-026-394
                        

                    	
                      O

                    	
                      Harrison
                        Construction Company 

                    	
                      Alcoa
                        

                    	
                      21-Jun-05

                    	
                      Weighmaster's
                        Bond 

                    	
                      Tennessee
                        Department of Agriculture 

                    	
                      $5,000.00

                    
	
                      14-026-395
                        

                    	
                      O

                    	
                      Harrison
                        Construction Company 

                    	
                      Alcoa
                        

                    	
                      21-Jun-04

                    	
                      Weighmaster's
                        Bond 

                    	
                      Tennessee
                        Department of Agriculture 

                    	
                      $5,000.00

                    
	
                      14-026-388
                        

                    	
                      O

                    	
                      Harrison
                        Construction Company 

                    	
                      Alcoa
                        

                    	
                      21-Jun-05

                    	
                      Weighmaster's
                        Bond 

                    	
                      Tennessee
                        Department of Agriculture 

                    	
                      $5,000.00

                    
	
                      14-026-389
                        

                    	
                      O

                    	
                      Harrison
                        Construction Company 

                    	
                      Alcoa
                        

                    	
                      21-Jun-05

                    	
                      Weighmaster's
                        Bond 

                    	
                      Tennessee
                        Department of Agriculture 

                    	
                      $5,000.00

                    
	
                      14-026-392
                        

                    	
                      O

                    	
                      Harrison
                        Construction Company 

                    	
                      Alcoa
                        

                    	
                      21-Jun-05

                    	
                      Weighmaster's
                        Bond 

                    	
                      Tennessee
                        Department of Agriculture 

                    	
                      $5,000.00

                    
	
                      14-026-385
                        

                    	
                      O

                    	
                      Harrison
                        Construction Company 

                    	
                      Alcoa
                        

                    	
                      21-Jun-05

                    	
                      Weighmaster's
                        Bond 

                    	
                      Tennessee
                        Department of Agriculture 

                    	
                      $5,000.00

                    
	
                      14-026-386
                        

                    	
                      O

                    	
                      Harrison
                        Construction Company 

                    	
                      Alcoa
                        

                    	
                      05-Jun-04

                    	
                      Weighmaster's
                        Bond 

                    	
                      Tennessee
                        Department of Agriculture 

                    	
                      $5,000.00

                    
	
                      14-026-387
                        

                    	
                      O

                    	
                      Harrison
                        Construction Company 

                    	
                      Alcoa
                        

                    	
                      21-Jun-05

                    	
                      Weighmaster's
                        Bond 

                    	
                      Tennessee
                        Department of Agriculture 

                    	
                      $5,000.00

                    
	
                      14-029-167
                        

                    	
                      O

                    	
                      APAC-Tennessee,
                        Inc. 

                    	
                      Memphis
                        

                    	
                      20-Jul-04

                    	
                      Resurfacing
                        

                    	
                      Tennessee
                        DOT
                        

                    	
                      $1,915,860.50

                    
	
                      14-030-262
                        

                    	
                      O

                    	
                      APAC-Tennessee,
                        Inc. 

                    	
                      Alcoa
                        

                    	
                      31-Mar-06

                    	
                      Resurfacing
                        

                    	
                      Tennessee
                        DOT
                        

                    	
                      $1,542,500.86

                    
	
                      14-029-793
                        

                    	
                      O

                    	
                      APAC-Tennessee,
                        Inc. 

                    	
                      Knoxville

                    	
                      01-Mar-05

                    	
                      Resurfacing
                        

                    	
                      Tennessee
                        DOT
                        

                    	
                      $1,265,257.65

                    
	
                      14-030-261
                        

                    	
                      O

                    	
                      APAC-Tennessee,
                        Inc. 

                    	
                      Alcoa
                        

                    	
                      08-Mar-06

                    	
                      Resurfacing
                        

                    	
                      Tennessee
                        DOT
                        

                    	
                      $1,147,548.84

                    
	
                      14-037-416
                        

                    	
                      O

                    	
                      APAC-Tennessee,
                        Inc. 

                    	
                      Alcoa
                        

                    	
                      17-May-06

                    	
                      Resurfacing
                        

                    	
                      Tennessee
                        DOT
                        

                    	
                      $1,080,022.75

                    
	
                      14-037-418
                        

                    	
                      O

                    	
                      APAC-Tennessee,
                        Inc. 

                    	
                      Alcoa
                        

                    	
                      26-Jun-06

                    	
                      Resurfacing
                        

                    	
                      Tennessee
                        DOT
                        

                    	
                      $872,905.49

                    
	
                      14-029-062
                        

                    	
                      O

                    	
                      APAC-Tennessee,
                        Inc. 

                    	
                      Memphis
                        

                    	
                      27-Jun-06

                    	
                      New
                        Construction 

                    	
                      Tennessee
                        DOT
                        

                    	
                      $808,119.00

                    
	
                      14-029-056
                        

                    	
                      O

                    	
                      APAC-Tennessee,
                        Inc. 

                    	
                      Memphis
                        

                    	
                      03-Apr-06

                    	
                      Resurfacing
                        

                    	
                      Tennessee
                        DOT
                        

                    	
                      $750,632.63

                    
	
                      14-030-259
                        

                    	
                      O

                    	
                      APAC-Tennessee,
                        Inc. 

                    	
                      Alcoa
                        

                    	
                      20-Feb-06

                    	
                      New
                        Construction 

                    	
                      Tennessee
                        DOT
                        

                    	
                      $283,085.75

                    
	
                      14-030-263
                        

                    	
                      O

                    	
                      APAC-Tennessee,
                        Inc. 

                    	
                      Alcoa
                        

                    	
                      31-Mar-06

                    	
                      Resurfacing
                        

                    	
                      Tennessee
                        DOT
                        

                    	
                      $247,987.47

                    

            

          

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          Table
            of Contents

        

      

       

      
        
          
            ALL
              OPEN APAC SURETY BONDS

            AS
              OF AUGUST 16, 2006

          

        

        
          
            	Bond
                    Number	Open/Final 	Principal	Location	Executed	Classification	Obligee	Bond
                    Amount 
	
                    14-026-196
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Nashville

                  	
                    05-Nov-05

                  	
                    Right-of-Way
                      or Encroachment 

                  	
                    Tennessee
                      DOT
                      

                  	
                    $15,000.00

                  
	
                    14-029-792
                      

                  	
                    O

                  	
                    Harrison
                      Div.,
                      APAC-Tennessee 

                  	
                    Alcoa
                      

                  	
                    20-Jan-05

                  	
                    New
                      Construction 

                  	
                    Tennessee
                      National LLC 

                  	
                    $2,151,632.19

                  
	
                    14-030-253
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Alcoa
                      

                  	
                    01-Aug-05

                  	
                    New
                      Construction 

                  	
                    Tennessee
                      National LLC 

                  	
                    $2,015,542.14

                  
	
                    14-029-791
                      

                  	
                    O

                  	
                    Harrison
                      Div.,
                      APAC-Tennessee 

                  	
                    Alcoa
                      

                  	
                    20-Jan-05

                  	
                    New
                      Construction 

                  	
                    Tennessee
                      National LLC 

                  	
                    $1,937,587.00

                  
	
                    14-030-254
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Alcoa
                      

                  	
                    14-Sep-05

                  	
                    New
                      Construction 

                  	
                    Tennessee
                      National LLC 

                  	
                    $1,436,923.03

                  
	
                    14-030-264
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Alcoa
                      

                  	
                    17-Apr-06

                  	
                    New
                      Construction 

                  	
                    Tennessee
                      National LLC 

                  	
                    $650,093.73

                  
	
                    14-029-072
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Dallas
                      

                  	
                    20-Sep-04

                  	
                    Weighmaster's
                      Bond 

                  	
                    Texas
                      Department of Agriculture 

                  	
                    $2,500.00

                  
	
                    14-029-073
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Dallas
                      

                  	
                    22-Sep-04

                  	
                    Weighmaster's
                      Bond 

                  	
                    Texas
                      Department of Agriculture 

                  	
                    $2,500.00

                  
	
                    14-029-074
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Dallas
                      

                  	
                    22-Sep-04

                  	
                    Weighmaster's
                      Bond 

                  	
                    Texas
                      Department of Agriculture 

                  	
                    $2,500.00

                  
	
                    14-026-488
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Beaumont
                      

                  	
                    21-Nov-03

                  	
                    New
                      Construction 

                  	
                    Texas
                      DOT
                      

                  	
                    $24,780,295.50

                  
	
                    14-028-893
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Brashear
                      

                  	
                    20-Apr-04

                  	
                    New
                      Construction 

                  	
                    Texas
                      DOT
                      

                  	
                    $17,025,108.36

                  
	
                    14-029-665
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Brashear
                      

                  	
                    21-Feb-06

                  	
                    New
                      Construction 

                  	
                    Texas
                      DOT
                      

                  	
                    $15,508,323.26

                  
	
                    14-026-500
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Beaumont
                      

                  	
                    09-Feb-05

                  	
                    Resurfacing
                      

                  	
                    Texas
                      DOT
                      

                  	
                    $11,643,744.88

                  
	
                    14-029-660
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Brashear
                      

                  	
                    13-Jul-05

                  	
                    New
                      Construction 

                  	
                    Texas
                      DOT
                      

                  	
                    $9,549,633.68

                  
	
                    14-029-948
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Beaumont
                      

                  	
                    13-Sep-05

                  	
                    New
                      Construction 

                  	
                    Texas
                      DOT
                      

                  	
                    $8,379,064.30

                  
	
                    14-029-085
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Dallas
                      

                  	
                    01-Jul-05

                  	
                    Resurfacing
                      

                  	
                    Texas
                      DOT
                      

                  	
                    $7,870,575.92

                  
	
                    14-029-949
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Beaumont
                      

                  	
                    01-Dec-05

                  	
                    Resurfacing
                      

                  	
                    Texas
                      DOT
                      

                  	
                    $5,906,499.26

                  
	
                    14-029-945
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Beaumont
                      

                  	
                    11-Aug-05

                  	
                    Resurfacing
                      

                  	
                    Texas
                      DOT
                      

                  	
                    $5,590,403.55

                  
	
                    14-029-645
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Brashear
                      

                  	
                    05-Nov-04

                  	
                    New
                      Construction 

                  	
                    Texas
                      DOT
                      

                  	
                    $4,936,808.77

                  
	
                    14-029-082
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Dallas
                      

                  	
                    04-Jun-05

                  	
                    New
                      Construction 

                  	
                    Texas
                      DOT
                      

                  	
                    $4,734,356.63

                  
	
                    14-029-942
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Beaumont
                      

                  	
                    01-Jun-05

                  	
                    Resurfacing
                      

                  	
                    Texas
                      DOT
                      

                  	
                    $4,455,462.54

                  
	
                    14-026-509
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Dallas
                      

                  	
                    05-Jun-03

                  	
                    Resurfacing
                      

                  	
                    Texas
                      DOT
                      

                  	
                    $3,880,412.80

                  
	
                    14-030-518
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Dallas
                      

                  	
                    06-Apr-06

                  	
                    Resurfacing
                      

                  	
                    Texas
                      DOT
                      

                  	
                    $3,821,629.86

                  
	
                    14-030-517
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Dallas
                      

                  	
                    06-Apr-06

                  	
                    Resurfacing
                      

                  	
                    Texas
                      DOT
                      

                  	
                    $3,821,387.20

                  
	
                    14-029-641
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Brashear
                      

                  	
                    05-Nov-04

                  	
                    New
                      Construction 

                  	
                    Texas
                      DOT
                      

                  	
                    $3,261,100.45

                  
	
                    14-030-526
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Dallas
                      

                  	
                    07-Jun-06

                  	
                    Resurfacing
                      

                  	
                    Texas
                      DOT
                      

                  	
                    $2,934,426.55

                  
	
                    14-029-081
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Dallas
                      

                  	
                    15-Apr-05

                  	
                    Resurfacing
                      

                  	
                    Texas
                      DOT
                      

                  	
                    $2,885,038.80

                  
	
                    14-029-078
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Dallas
                      

                  	
                    07-Apr-05

                  	
                    Resurfacing
                      

                  	
                    Texas
                      DOT
                      

                  	
                    $2,791,796.98

                  
	
                    14-029-076
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Dallas
                      

                  	
                    23-Dec-04

                  	
                    New
                      Construction & Maintenance

                  	
                    Texas
                      DOT
                      

                  	
                    $2,676,159.23

                  
	
                    14-030-524
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Dallas
                      

                  	
                    07-Jun-06

                  	
                    New
                      Construction 

                  	
                    Texas
                      DOT
                      

                  	
                    $2,622,637.70

                  
	
                    14-030-519
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Dallas
                      

                  	
                    10-Apr-06

                  	
                    New
                      Construction 

                  	
                    Texas
                      DOT
                      

                  	
                    $2,439,943.72

                  
	
                    14-028-909
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Brashear
                      

                  	
                    26-Jul-04

                  	
                    New
                      Construction 

                  	
                    Texas
                      DOT
                      

                  	
                    $2,212,467.06

                  
	
                    14-029-089
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Dallas
                      

                  	
                    09-Sep-05

                  	
                    New
                      Construction 

                  	
                    Texas
                      DOT
                      

                  	
                    $2,151,212.06

                  
	
                    14-029-071
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Dallas
                      

                  	
                    14-Sep-04

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Texas
                      DOT
                      

                  	
                    $1,662,820.53

                  
	
                    14-026-095
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Brashear
                      

                  	
                    03-Oct-03

                  	
                    New
                      Construction 

                  	
                    Texas
                      DOT
                      

                  	
                    $1,562,683.74

                  

          

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

      

       

      
        
          
            ALL
              OPEN APAC SURETY BONDS

            AS
              OF AUGUST 16, 2006

          

        

        
          
            	Bond
                    Number	 Open/Final	Principal	Location	Executed	Classification	Obligee	
                    Bond
                      Amount 

                  
	
                    14-030-522
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Dallas
                      

                  	
                    06-May-06

                  	
                    Resurfacing
                      

                  	
                    Texas
                      DOT
                      

                  	
                    $1,560,919.93

                  
	
                    14-030-516
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Dallas
                      

                  	
                    27-Feb-06

                  	
                    New
                      Construction & Maintenance

                  	
                    Texas
                      DOT
                      

                  	
                    $1,546,444.72

                  
	
                    14-028-901
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Brashear
                      

                  	
                    16-Jun-04

                  	
                    New
                      Construction 

                  	
                    Texas
                      DOT
                      

                  	
                    $1,525,558.19

                  
	
                    14-029-944
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Beaumont
                      

                  	
                    10-Aug-05

                  	
                    New
                      Construction 

                  	
                    Texas
                      DOT
                      

                  	
                    $1,505,379.97

                  
	
                    14-030-528
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Dallas
                      

                  	
                    10-May-06

                  	
                    Resurfacing
                      

                  	
                    Texas
                      DOT
                      

                  	
                    $1,349,365.50

                  
	
                    14-029-642
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Brashear
                      

                  	
                    05-Nov-04

                  	
                    New
                      Construction 

                  	
                    Texas
                      DOT
                      

                  	
                    $1,265,704.42

                  
	
                    14-029-090
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Dallas
                      

                  	
                    12-Oct-05

                  	
                    Resurfacing
                      

                  	
                    Texas
                      DOT
                      

                  	
                    $1,162,307.50

                  
	
                    14-029-947
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Beaumont
                      

                  	
                    09-Sep-05

                  	
                    New
                      Construction 

                  	
                    Texas
                      DOT
                      

                  	
                    $1,060,328.75

                  
	
                    14-026-495
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Beaumont
                      

                  	
                    09-Jun-04

                  	
                    Resurfacing
                      

                  	
                    Texas
                      DOT
                      

                  	
                    $871,241.53

                  
	
                    14-026-491
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Beaumont
                      

                  	
                    07-Apr-04

                  	
                    Resurfacing
                      

                  	
                    Texas
                      DOT
                      

                  	
                    $777,195.65

                  
	
                    14-029-950
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Beaumont
                      

                  	
                    08-May-06

                  	
                    New
                      Construction 

                  	
                    Texas
                      DOT
                      

                  	
                    $776,757.22

                  
	
                    14-026-494
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Beaumont
                      

                  	
                    10-May-04

                  	
                    Resurfacing
                      

                  	
                    Texas
                      DOT
                      

                  	
                    $767,606.00

                  
	
                    14-026-101
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Brashear
                      

                  	
                    19-Feb-04

                  	
                    New
                      Construction 

                  	
                    Texas
                      DOT
                      

                  	
                    $529,518.98

                  
	
                    14-029-951
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Beaumont
                      

                  	
                    10-May-06

                  	
                    Resurfacing
                      

                  	
                    Texas
                      DOT
                      

                  	
                    $450,794.35

                  
	
                    14-030-527
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Dallas
                      

                  	
                    07-Jun-06

                  	
                    Financial
                      Guaranty 

                  	
                    Texas
                      DOT
                      

                  	
                    $293,442.66

                  
	
                    14-028-894
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Brashear
                      

                  	
                    27-Apr-04

                  	
                    New
                      Construction 

                  	
                    Texas
                      DOT
                      

                  	
                    $283,066.35

                  
	
                    14-026-489
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Beaumont
                      

                  	
                    04-Mar-04

                  	
                    Resurfacing
                      

                  	
                    Texas
                      DOT
                      

                  	
                    $264,376.02

                  
	
                    14-030-525
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Dallas
                      

                  	
                    07-Jun-06

                  	
                    Financial
                      Guaranty 

                  	
                    Texas
                      DOT
                      

                  	
                    $262,263.77

                  
	
                    14-029-661
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Brashear
                      

                  	
                    17-Aug-05

                  	
                    New
                      Construction 

                  	
                    Texas
                      DOT
                      

                  	
                    $250,853.00

                  
	
                    14-030-523
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Dallas
                      

                  	
                    06-May-06

                  	
                    Financial
                      Guaranty 

                  	
                    Texas
                      DOT
                      

                  	
                    $156,092.00

                  
	
                    14-029-087
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Ft
                      Worth
                      

                  	
                    24-Aug-05

                  	
                    Resurfacing
                      & Maintenance 

                  	
                    Texas
                      DOT
                      

                  	
                    $144,157.38

                  
	
                    14-030-529
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Dallas
                      

                  	
                    10-Jun-06

                  	
                    Financial
                      Guaranty 

                  	
                    Texas
                      DOT
                      

                  	
                    $134,936.55

                  
	
                    14-029-952
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Beaumont
                      

                  	
                    10-May-06

                  	
                    Release
                      of
                      Retainage 

                  	
                    Texas
                      DOT
                      

                  	
                    $45,076.43

                  
	
                    14-029-662
                      

                  	
                    O

                  	
                    APAC-Texas,
                      Inc. 

                  	
                    Brashear
                      

                  	
                    01-Sep-05

                  	
                    Highway
                      Use/Excess Weight 

                  	
                    Texas
                      DOT
                      

                  	
                    $9,000.00

                  
	
                    14-028-408
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Manassas
                      

                  	
                    11-Feb-04

                  	
                    New
                      Construction 

                  	
                    Tidewater
                      Skanska, Inc. 

                  	
                    $14,572,926.14

                  
	
                    14-026-781
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Greenv'l
                      

                  	
                    29-Jan-04

                  	
                    New
                      Construction 

                  	
                    Tidewater
                      Skanska, Inc. 

                  	
                    $11,368,420.00

                  
	
                    14-029-464
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Charlot
                      

                  	
                    28-Jan-05

                  	
                    New
                      Construction 

                  	
                    Tidewater
                      Skanska, Inc. 

                  	
                    $7,402,159.50

                  
	
                    14-000-040-1224
                      

                  	
                    O

                  	
                    Barrus
                      Construction Company 

                  	
                    Kinston
                      

                  	
                    12-Jul-01

                  	
                    New
                      Construction 

                  	
                    Tidewater
                      Skanska, Inc. 

                  	
                    $1,569,383.50

                  
	
                    14-030-158
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    15-Nov-05

                  	
                    Resurfacing
                      

                  	
                    Tishomingo
                      County Supervisors, Mississippi 

                  	
                    $427,842.84

                  
	
                    14-038-580
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Danville
                      

                  	
                    23-May-06

                  	
                    Resurfacing
                      

                  	
                    Town
                      of
                      Altavista, Virginia 

                  	
                    $177,239.00

                  
	
                    14-000-020-1059
                      

                  	
                    O

                  	
                    APAC-Florida,
                      Inc. 

                  	
                    Medley
                      

                  	
                    31-Jul-02

                  	
                    Resurfacing
                      

                  	
                    Town
                      of Bay
                      Harbor Islands, Florida 

                  	
                    $2,605,288.50

                  
	
                    14-037-452
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    28-Feb-06

                  	
                    New
                      Construction 

                  	
                    Town
                      of
                      Brilliant, Alabama 

                  	
                    $64,999.73

                  
	
                    14-037-142
                      

                  	
                    O

                  	
                    Thompson-Arthur
                      Division 

                  	
                    Greensbor

                  	
                    14-Oct-05

                  	
                    Resurfacing
                      

                  	
                    Town
                      of Elon
                      College, North Carolina 

                  	
                    $216,787.50

                  
	
                    14-030-678
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    26-Oct-05

                  	
                    Resurfacing
                      

                  	
                    Town
                      of Hope
                      Mills, North Carolina 

                  	
                    $257,524.50

                  
	
                    14-038-579
                      

                  	
                    O

                  	
                    Thompson-Arthur
                      Division 

                  	
                    Greensbor

                  	
                    23-May-06

                  	
                    New
                      Construction 

                  	
                    Town
                      of
                      Kernersville, North Carolina 

                  	
                    $1,173,727.60

                  

          

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

      

       

      
        
          
            ALL
              OPEN APAC SURETY BONDS

            AS
              OF AUGUST 16, 2006

          

        

        
          
            	Bond
                    Number	Open/Final	Principal	Location	Executed	Classification	Obligee	Bond
                    Amount
	
                    14-037-341
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    22-Mar-06

                  	
                    Resurfacing
                      

                  	
                    Town
                      of Kure
                      Beach, North Carolina 

                  	
                    $243,962.10

                  
	
                    14-030-313
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Asheville

                  	
                    11-Apr-06

                  	
                    Resurfacing
                      

                  	
                    Town
                      of
                      Montreat, North Carolina 

                  	
                    $65,504.75

                  
	
                    14-038-577
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Greensbor

                  	
                    12-May-06

                  	
                    Resurfacing
                      

                  	
                    Town
                      of
                      Pulaski, Virginia 

                  	
                    $302,498.07

                  
	
                    14-037-351
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    08-May-06

                  	
                    Resurfacing
                      

                  	
                    Town
                      of
                      Smithfield, North Carolina 

                  	
                    $153,005.60

                  
	
                    14-030-421
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hays
                      

                  	
                    02-May-06

                  	
                    Resurfacing
                      

                  	
                    Trego
                      County,
                      Kansas 

                  	
                    $33,966.00

                  
	
                    14-026-780
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Darlingto

                  	
                    02-Jun-04

                  	
                    Resurfacing
                      

                  	
                    U.S.
                      Constructors, Inc. 

                  	
                    $1,261,075.40

                  
	
                    14-026-206
                      

                  	
                    O

                  	
                    Wilkerson-Maxwell
                      

                  	
                    KS
                      City
                      

                  	
                    31-Dec-05

                  	
                    License
&
                      Permit 

                  	
                    Unified
                      Government of Wyandotte Co & Kansas City 

                  	
                    $5,000.00

                  
	
                    14-030-176
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    28-Apr-06

                  	
                    Resurfacing
                      

                  	
                    United
                      States
                      Department of Agriculture Forest Svc

                  	
                    $39,143.58

                  
	
                    14-025-817
                      

                  	
                    O

                  	
                    MacDougald
                      Construction 

                  	
                    Mac
                      Div
                      

                  	
                    25-May-06

                  	
                    Closure
                      Performance 

                  	
                    United
                      States
                      Environmental Protection Agency 

                  	
                    $2,203,181.55

                  
	
                    14-025-816
                      

                  	
                    O

                  	
                    MacDougald
                      Construction 

                  	
                    Mac
                      Div
                      

                  	
                    25-May-06

                  	
                    Closure
                      Performance 

                  	
                    United
                      States
                      Environmental Protection Agency 

                  	
                    $39,616.00

                  
	
                    14-029-235
                      

                  	
                    O

                  	
                    APAC-Mississippi,
                      Inc. 

                  	
                    Jackson
                      

                  	
                    28-Sep-04

                  	
                    New
                      Construction 

                  	
                    United
                      States
                      of America (Camp Shelby) 

                  	
                    $7,850,396.50

                  
	
                    14-027-080
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    09-Jan-04

                  	
                    Resurfacing
                      

                  	
                    United
                      States
                      of America (Cherry Point) 

                  	
                    $3,182,929.00

                  
	
                    14-029-277
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    13-Aug-04

                  	
                    Resurfacing
                      

                  	
                    United
                      States
                      of America (Fort Bragg) 

                  	
                    $1,844,100.00

                  
	
                    14-030-671
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    22-Aug-05

                  	
                    Resurfacing
                      

                  	
                    United
                      States
                      of America (Fort Bragg) 

                  	
                    $1,040,944.43

                  
	
                    14-037-355
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    02-Jun-06

                  	
                    Resurfacing
                      

                  	
                    United
                      States
                      of America (Fort Bragg) 

                  	
                    $552,457.13

                  
	
                    14-030-676
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    03-Oct-05

                  	
                    Resurfacing
                      

                  	
                    United
                      States
                      of America (Fort Bragg) 

                  	
                    $275,478.49

                  
	
                    14-030-566
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Dothan
                      

                  	
                    23-Sep-05

                  	
                    Resurfacing
                      

                  	
                    United
                      States
                      of America (Fort Rucker) 

                  	
                    $1,250,000.00

                  
	
                    14-029-091
                      

                  	
                    O

                  	
                    Arkhola
                      Sand
                      & Gravel 

                  	
                    Ft
                      Smith
                      

                  	
                    01-May-06

                  	
                    Mining
                      Leases
                      & Misc. 

                  	
                    United
                      States
                      of America (Indian Affairs-Muskogee)

                  	
                    $10,000.00

                  
	
                    14-029-691
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Mac
                      Div
                      

                  	
                    27-Sep-04

                  	
                    New
                      Construction 

                  	
                    United
                      States
                      of America (Louisville) 

                  	
                    $4,800,000.00

                  
	
                    14-030-492
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Pensacola

                  	
                    27-Feb-06

                  	
                    New
                      Construction 

                  	
                    United
                      States
                      of America (NAS Pensacola) 

                  	
                    $2,088,184.06

                  
	
                    14-030-495
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Pensacola

                  	
                    24-Mar-06

                  	
                    New
                      Construction 

                  	
                    United
                      States
                      of America (NAS Pensacola) 

                  	
                    $340,403.27

                  
	
                    14-029-438
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Pensacola

                  	
                    29-Sep-05

                  	
                    Resurfacing
                      

                  	
                    United
                      States
                      of America (NAS Pensacola) 

                  	
                    $194,721.74

                  
	
                    14-029-439
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Pensacola

                  	
                    29-Sep-05

                  	
                    Resurfacing
                      

                  	
                    United
                      States
                      of America (NAS Pensacola) 

                  	
                    $126,230.00

                  
	
                    14-030-499
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Pensacola

                  	
                    25-May-06

                  	
                    Class
                      B -
                      Excavation 

                  	
                    United
                      States
                      of America (NAS Pensacola) 

                  	
                    $101,905.31

                  
	
                    14-030-496
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Pensacola

                  	
                    24-Mar-06

                  	
                    New
                      Construction 

                  	
                    United
                      States
                      of America (NAS Pensacola) 

                  	
                    $44,827.49

                  
	
                    14-030-494
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Pensacola

                  	
                    23-Mar-06

                  	
                    New
                      Construction 

                  	
                    United
                      States
                      of America (NAS Pensacola) 

                  	
                    $41,121.36

                  
	
                    14-030-496
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Pensacola

                  	
                    24-Mar-06

                  	
                    New
                      Construction 

                  	
                    United
                      States
                      of America (NAS Pensacola) 

                  	
                    $38,536.28

                  
	
                    14-030-493
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Pensacola

                  	
                    23-Mar-06

                  	
                    New
                      Construction 

                  	
                    United
                      States
                      of America (NAS Pensacola) 

                  	
                    $32,759.37

                  
	
                    14-030-500
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Pensacola

                  	
                    14-Jun-06

                  	
                    Class
                      B -
                      Excavation 

                  	
                    United
                      States
                      of America (NAS Pensacola) 

                  	
                    $29,811.01

                  
	
                    14-028-617
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Wtr
                      Haven

                  	
                    16-Aug-04

                  	
                    New
                      Construction 

                  	
                    United
                      States
                      of America (Patrick AFB) 

                  	
                    $1,602,975.22

                  
	
                    14-030-608
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Wtr
                      Haven

                  	
                    04-Oct-05

                  	
                    Resurfacing
                      

                  	
                    United
                      States
                      of America (Patrick AFB) 

                  	
                    $188,152.23

                  
	
                    14-030-609
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Wtr
                      Haven

                  	
                    06-Oct-05

                  	
                    Resurfacing
                      

                  	
                    United
                      States
                      of America (Patrick AFB) 

                  	
                    $66,000.00

                  
	
                    14-030-303
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Alcoa
                      

                  	
                    16-Dec-05

                  	
                    Resurfacing
                      

                  	
                    United
                      States
                      of America (Sevierville, TN) 

                  	
                    $15,039,853.09

                  
	
                    14-030-585
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    12-Jan-06

                  	
                    Class
                      B -
                      Excavation 

                  	
                    Universal
                      Construction Company (Alabama) 

                  	
                    $5,275,182.00

                  
	
                    14-030-554
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    22-Aug-05

                  	
                    New
                      Construction 

                  	
                    Universal
                      Construction Company (Alabama) 

                  	
                    $2,948,878.00

                  

          

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

      

       

      
        
          
            ALL
              OPEN APAC SURETY BONDS

            AS
              OF AUGUST 16, 2006

          

        

        
          
            	Bond
                    Number	Open/Final	Principal	Location	Executed	Classification	Obligee	Bond
                    Amount 
	
                    14-000-055-0503
                      

                  	
                    O

                  	
                    Ballenger
                      Paving Co Inc 

                  	
                    Greenv'l
                      

                  	
                    06-Jul-00

                  	
                    Resurfacing
                      

                  	
                    Universal
                      Construction Company (Alabama) 

                  	
                    $2,015,119.00

                  
	
                    14-030-565
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Huntsvill

                  	
                    22-Sep-05

                  	
                    Class
                      B -
                      Excavation 

                  	
                    Universal
                      Construction Company (Alabama) 

                  	
                    $1,660,252.00

                  
	
                    14-037-532
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    24-May-06

                  	
                    Resurfacing
                      

                  	
                    University
                      of
                      Missouri-Columbia 

                  	
                    $1,056,880.00

                  
	
                    14-038-705
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Atlanta
                      

                  	
                    16-Jun-06

                  	
                    New
                      Construction 

                  	
                    University
                      System of Georgia Board of Regents 

                  	
                    $83,970.00

                  
	
                    14-030-116
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Greenv'l
                      

                  	
                    30-Aug-05

                  	
                    New
                      Construction 

                  	
                    US
                      Group, Inc.
                      

                  	
                    $3,778,076.00

                  
	
                    14-029-823
                      

                  	
                    O

                  	
                    Coastal
                      Carolina Division 

                  	
                    Kinston
                      

                  	
                    28-Oct-05

                  	
                    Resurfacing
                      

                  	
                    US
                      Group, Inc.
                      

                  	
                    $1,036,491.70

                  
	
                    14-038-690
                      

                  	
                    O

                  	
                    Shears
                      Division, APAC-Kansas 

                  	
                    Hutchinsn

                  	
                    13-Jul-06

                  	
                    New
                      Construction 

                  	
                    USD
                      #465,
                      Winfield, Kansas 

                  	
                    $613,318.00

                  
	
                    14-030-625
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Wtr
                      Haven

                  	
                    27-Dec-05

                  	
                    New
                      Construction & Maintenance

                  	
                    Viera
                      Company
                      & Brevard County Commissioners 

                  	
                    $14,539,503.82

                  
	
                    14-037-519
                      

                  	
                    O

                  	
                    APAC-Missouri,
                      Inc. 

                  	
                    Columb,MO

                  	
                    22-Mar-06

                  	
                    Resurfacing
                      

                  	
                    Village
                      of
                      Renick, Missouri 

                  	
                    $109,628.60

                  
	
                    14-000-065-0544
                      

                  	
                    O

                  	
                    APAC-Virginia,
                      Inc. 

                  	
                    Manassas
                      

                  	
                    18-Jul-02

                  	
                    New
                      Construction 

                  	
                    Virginia
                      DOT
                      

                  	
                    $15,186,546.60

                  
	
                    14-000-065-0545
                      

                  	
                    O

                  	
                    APAC-Virginia,
                      Inc. 

                  	
                    Manassas
                      

                  	
                    18-Jul-02

                  	
                    New
                      Construction 

                  	
                    Virginia
                      DOT
                      

                  	
                    $8,085,236.89

                  
	
                    14-000-065-0548
                      

                  	
                    O

                  	
                    APAC-Virginia,
                      Inc. 

                  	
                    Stephensn

                  	
                    15-Aug-02

                  	
                    New
                      Construction 

                  	
                    Virginia
                      DOT
                      

                  	
                    $5,117,261.94

                  
	
                    14-030-192
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Manassas
                      

                  	
                    20-Jun-06

                  	
                    Resurfacing
                      

                  	
                    Virginia
                      DOT
                      

                  	
                    $3,443,296.40

                  
	
                    14-037-153
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Danville
                      

                  	
                    21-Feb-06

                  	
                    Resurfacing
                      

                  	
                    Virginia
                      DOT
                      

                  	
                    $3,093,170.40

                  
	
                    14-029-896
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Manassas
                      

                  	
                    14-Feb-05

                  	
                    Resurfacing
                      

                  	
                    Virginia
                      DOT
                      

                  	
                    $3,074,009.04

                  
	
                    14-029-467
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Danville
                      

                  	
                    23-Feb-05

                  	
                    Resurfacing
                      

                  	
                    Virginia
                      DOT
                      

                  	
                    $2,500,220.69

                  
	
                    14-029-895
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Manassas
                      

                  	
                    14-Feb-05

                  	
                    Resurfacing
                      

                  	
                    Virginia
                      DOT
                      

                  	
                    $2,371,938.68

                  
	
                    14-029-899
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Manassas
                      

                  	
                    14-Feb-05

                  	
                    Resurfacing
                      

                  	
                    Virginia
                      DOT
                      

                  	
                    $2,293,746.37

                  
	
                    14-029-898
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Manassas
                      

                  	
                    14-Feb-05

                  	
                    Resurfacing
                      

                  	
                    Virginia
                      DOT
                      

                  	
                    $1,999,878.43

                  
	
                    14-029-471
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Danville
                      

                  	
                    08-Mar-05

                  	
                    Resurfacing
                      

                  	
                    Virginia
                      DOT
                      

                  	
                    $1,995,831.91

                  
	
                    14-029-897
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Manassas
                      

                  	
                    14-Feb-05

                  	
                    Resurfacing
                      

                  	
                    Virginia
                      DOT
                      

                  	
                    $1,671,110.84

                  
	
                    14-029-900
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Alcoa
                      

                  	
                    23-Feb-05

                  	
                    Resurfacing
                      

                  	
                    Virginia
                      DOT
                      

                  	
                    $1,613,460.95

                  
	
                    14-029-915
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Manassas
                      

                  	
                    28-Feb-06

                  	
                    Resurfacing
                      

                  	
                    Virginia
                      DOT
                      

                  	
                    $1,505,353.98

                  
	
                    14-029-470
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Danville
                      

                  	
                    08-Mar-05

                  	
                    Resurfacing
                      

                  	
                    Virginia
                      DOT
                      

                  	
                    $1,372,724.12

                  
	
                    14-038-585
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Danville
                      

                  	
                    15-Jun-06

                  	
                    Right-of-Way
                      or Encroachment 

                  	
                    Virginia
                      DOT
                      

                  	
                    $800,000.00

                  
	
                    14-037-156
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Danville
                      

                  	
                    24-Feb-06

                  	
                    Resurfacing
                      

                  	
                    Virginia
                      DOT
                      

                  	
                    $421,664.80

                  
	
                    14-037-155
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Danville
                      

                  	
                    24-Feb-06

                  	
                    Resurfacing
                      

                  	
                    Virginia
                      DOT
                      

                  	
                    $403,680.89

                  
	
                    14-029-914
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Manassas
                      

                  	
                    28-Feb-06

                  	
                    New
                      Construction 

                  	
                    Virginia
                      DOT
                      

                  	
                    $397,630.11

                  
	
                    14-028-366
                      

                  	
                    O

                  	
                    APAC-Tennessee,
                      Inc. 

                  	
                    Knoxville

                  	
                    03-Feb-06

                  	
                    Weighmaster's
                      Bond 

                  	
                    Virginia
                      DOT
                      

                  	
                    $10,000.00

                  
	
                    14-029-907
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Manassas
                      

                  	
                    21-Jun-06

                  	
                    Right-of-Way
                      or Encroachment 

                  	
                    Virginia
                      DOT
                      

                  	
                    $10,000.00

                  
	
                    14-028-999
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Midlothia

                  	
                    21-Apr-04

                  	
                    Resurfacing
                      

                  	
                    VMS,
                      Inc.
                      

                  	
                    $2,422,940.79

                  
	
                    14-028-964
                      

                  	
                    O

                  	
                    APAC-Atlantic,
                      Inc. 

                  	
                    Greensbor

                  	
                    29-Mar-04

                  	
                    Resurfacing
                      

                  	
                    VMS,
                      Inc.
                      

                  	
                    $1,775,685.00

                  
	
                    14-000-065-0510
                      

                  	
                    O

                  	
                    APAC-Virginia,
                      Inc. 

                  	
                    Manassas
                      

                  	
                    21-Mar-02

                  	
                    New
                      Construction 

                  	
                    W.C.
                      English,
                      Inc. 

                  	
                    $1,139,874.80

                  
	
                    14-030-449
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Atlanta
                      

                  	
                    16-Sep-05

                  	
                    New
                      Construction 

                  	
                    W.G.
                      Yates
                      & Sons Construction Co & FedEx Ground 

                  	
                    $2,197,003.00

                  
	
                    14-030-271
                      

                  	
                    O

                  	
                    APAC-Southeast,
                      Inc. 

                  	
                    Augusta
                      

                  	
                    19-Jun-06

                  	
                    New
                      Construction 

                  	
                    W.H.
                      Bass,
                      Inc. 

                  	
                    $757,320.00

                  

          

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            Table
              of Contents

          

        

      

       

      
        
          
            ALL
              OPEN APAC SURETY BONDS

            AS
              OF AUGUST 16, 2006

          

        

        
          
            
              
                	Bond
                        Number	Open/Final 	Principal	Location	Executed	Classification	Obligee	Bond
                        Amount 
	
                        14-037-393
                          

                      	
                        O

                      	
                        APAC-Atlantic,
                          Inc. 

                      	
                        Asheville

                      	
                        26-May-06

                      	
                        Resurfacing
                          

                      	
                        Wal-Mart
                          Stores, Inc. (North Carolina) 

                      	
                        $1,413,011.47

                      
	
                        14-000-025-0152
                          

                      	
                        O

                      	
                        MacDougald
                          Warren 

                      	
                        GA
                          Div.
                          

                      	
                        24-Jan-97

                      	
                        Maintenance
                          

                      	
                        Wal-Mrt
                          Stores, Inc. 

                      	
                        $30,000.00

                      
	
                        14-029-423
                          

                      	
                        O

                      	
                        APAC-Southeast,
                          Inc. 

                      	
                        Pensacola

                      	
                        22-Oct-04

                      	
                        New
                          Construction 

                      	
                        Walton
                          County
                          Commissioners, Florida 

                      	
                        $1,714,862.75

                      
	
                        14-030-498
                          

                      	
                        O

                      	
                        Gulf
                          Coast
                          Division, APAC-SE 

                      	
                        Pensacola

                      	
                        31-Mar-06

                      	
                        Resurfacing
                          

                      	
                        Walton
                          County
                          Commissioners, Florida 

                      	
                        $502,879.80

                      
	
                        14-030-186
                          

                      	
                        O

                      	
                        APAC-Mississippi,
                          Inc. 

                      	
                        Vicksburg

                      	
                        14-Jul-06

                      	
                        Resurfacing
                          

                      	
                        Warren
                          County
                          Supervisors, Mississippi 

                      	
                        $663,512.15

                      
	
                        14-026-603
                          

                      	
                        O

                      	
                        APAC-Atlantic,
                          Inc. 

                      	
                        Manassas
                          

                      	
                        03-Sep-06

                      	
                        Financial
                          Guaranty 

                      	
                        West
                          Virginia
                          Division of Labor 

                      	
                        $265,000.00

                      
	
                        14-000-077-0023
                          

                      	
                        O

                      	
                        APAC-Virginia,
                          Inc. 

                      	
                        Stephensn

                      	
                        06-Oct-00

                      	
                        New
                          Construction 

                      	
                        West
                          Virginia
                          DOT, Division of Highways 

                      	
                        $7,753,885.20

                      
	
                        14-000-077-0019
                          

                      	
                        O

                      	
                        APAC-Virginia,
                          Inc. 

                      	
                        Stephensn

                      	
                        25-Oct-99

                      	
                        New
                          Construction 

                      	
                        West
                          Virginia
                          DOT, Division of Highways 

                      	
                        $5,918,956.99

                      
	
                        14-000-077-0021
                          

                      	
                        O

                      	
                        APAC-Virginia,
                          Inc. 

                      	
                        Stephensn

                      	
                        17-Mar-00

                      	
                        New
                          Construction 

                      	
                        West
                          Virginia
                          DOT, Division of Highways 

                      	
                        $5,194,129.09

                      
	
                        14-028-396
                          

                      	
                        O

                      	
                        APAC-Atlantic,
                          Inc. 

                      	
                        Stephensn

                      	
                        01-Jan-06

                      	
                        Highway
                          Use/Excess Weight 

                      	
                        West
                          Virginia
                          DOT, Division of Highways 

                      	
                        $4,000.00

                      
	
                        14-037-459
                          

                      	
                        O

                      	
                        APAC-Southeast,
                          Inc. 

                      	
                        Jacksonvl

                      	
                        24-Mar-06

                      	
                        Resurfacing
                          

                      	
                        Westfield
                          Insurance Company 

                      	
                        $6,681,637.83

                      
	
                        14-029-908
                          

                      	
                        O

                      	
                        APAC-Atlantic,
                          Inc. 

                      	
                        Manassas
                          

                      	
                        16-Jun-05

                      	
                        New
                          Construction 

                      	
                        Whiting
                          Turner
                          Contracting Company 

                      	
                        $2,522,523.30

                      
	
                        14-038-680
                          

                      	
                        O

                      	
                        Shears
                          Division, APAC-Kansas 

                      	
                        Hutchinsn

                      	
                        14-Jun-06

                      	
                        New
                          Construction 

                      	
                        Wild
                          West
                          World, LLC & City of Park City, Kansas 

                      	
                        $651,815.90

                      
	
                        14-030-392
                          

                      	
                        O

                      	
                        APAC-Southeast,
                          Inc. 

                      	
                        Birminghm

                      	
                        13-Oct-05

                      	
                        New
                          Construction 

                      	
                        Winston
                          Contracting, LLC 

                      	
                        $320,751.16

                      
	
                        14-026-726
                          

                      	
                        O

                      	
                        APAC-Southeast,
                          Inc. 

                      	
                        Tampa
                          

                      	
                        17-May-06

                      	
                        Utility
                          Deposit 

                      	
                        Withlacoochee
                          River Electric Cooperative 

                      	
                        $3,800.00

                      
	
                        14-037-312
                          

                      	
                        O

                      	
                        APAC-Oklahoma,
                          Inc. 

                      	
                        Tulsa
                          

                      	
                        05-Jan-06

                      	
                        Resurfacing
                          

                      	
                        Wittwer
                          Construction Company, Inc. 

                      	
                        $4,017,045.28

                      
	
                        14-029-679
                          

                      	
                        O

                      	
                        Harrison
                          Div.,
                          APAC-Tennessee 

                      	
                        Alcoa
                          

                      	
                        21-Apr-05

                      	
                        Resurfacing
                          

                      	
                        Wright
                          Bros
                          Construction Company, Inc. 

                      	
                        $3,021,425.00

                      
	
                        14-025-880
                          

                      	
                        O

                      	
                        APAC-Mississippi,
                          Inc. 

                      	
                        Jackson
                          

                      	
                        21-Aug-05

                      	
                        Utility
                          Deposit 

                      	
                        Yazoo
                          City
                          Public Service Commission 

                      	
                        $16,000.00

                      
	
                        14-030-183
                          

                      	
                        O

                      	
                        APAC-Mississippi,
                          Inc. 

                      	
                        Vicksburg

                      	
                        28-Jun-06

                      	
                        Resurfacing
                          

                      	
                        Yazoo
                          County
                          Supervisors 

                      	
                        $258,150.00

                      
	
                        14-028-445
                          

                      	
                        O

                      	
                        APAC-Mississippi,
                          Inc. 

                      	
                        Green,
                          MS

                      	
                        26-Feb-06

                      	
                        Utility
                          Deposit 

                      	
                        Yazoo
                          Valley
                          Electric Power Association, MS 

                      	
                        $13,000.00

                      
	14-029-943	
                        O

                      	APAC-Texas,
                        Inc.	Beaumont	02-Jun-05	Resurfacing	Zachry
                        Construction Corporation	$183,765.00
	
                        14-028-741
                          

                      	
                        O

                      	
                        APAC-Southeast,
                          Inc. 

                      	
                        Tampa
                          

                      	
                        24-Mar-05

                      	
                        Maintenance
                          

                      	
                        ZEP
                          Construction, Inc. 

                      	
                        $1,111,611.00

                      

              

            

          

        

      

    

     

    
      
        
        

      

      
        66

        
          

        

      

      
        Table
          of Contents

      

    

     

    Schedule
      5.16(a):

    Certain
      Contracts

     

    

    
      	
              1)

            	
              See
                the contracts listed under Category
                3
                of
                Schedule 3.17(b).

            

    

     

    
      	
              2)

            	
              See
                the contracts listed under Category
                2
                of
                Schedule 3.17(b).

            

    

     

     

    
      
        
        

      

      
        66

        
          

        

      

      
        Table
          of Contents

      

    

     

    Schedule
      5.18:

    No
      Use of the Ashland Name

     

    

    Ashland
      Paving And Construction, Inc.

     

    Ashland
      Construction Communications Company

     

     

     

    
       

      
        
          
          

        

        
          67

          
            

          

        

        
          Table
            of ContentsExhibit
10.1

Paramount
Acquisition Corp.

787 7th Avenue

48th Floor

New York, NY 10019

 

August
25, 2006

 

Robert
Gonnelli

1000
C Lake Street

Ramsey, NJ 07446

 

Dear
Bob:

 

Paramount Acquisition Corp. (“Paramount”),
BioValve Technologies, Inc. (“BioValve”) and Valeritas LLC (the “Company”)
are parties to a Contribution Agreement, dated as of August 25, 2006 (the “Contribution
Agreement”), pursuant to which Paramount and BioValve each agreed to
contribute certain assets to the Company in exchange for membership interests
in the Company.  This Employment Letter
sets forth the terms and conditions of your employment with the Company,
Paramount and any of their subsidiaries or affiliates (together, the “Group”).

 

1.             Employment.  Unless your employment is terminated in
accordance with Section 9 below, you agree to be employed, and the Company
agrees to employ you, during the period commencing upon the closing date of the
transactions contemplated by the Contribution Agreement (the “Effective Date”)
and ending on the fourth anniversary of the Effective Date.  Such period is referred to as the “Term”.  The portion of the Term during which you are
actually employed by the Company is referred to as the “Employment Period”.  Should the Contribution Agreement be
terminated pursuant to Section 10.1 thereof, this Employment Letter shall be
null and void and of no further force and effect.  Each party to this Employment Letter agrees
that it has no claims, rights or obligations against any other party by virtue
of this  Employment Letter unless and
until the closing of the transactions contemplated by the Contribution
Agreement occurs.

2.             Position; Duties.

(a)           You
will be employed by the Company as its Chief Executive Officer.  In such capacity, you will report to the
Board of Managers of the Company (the “Board of Managers”), and shall
have such authority and perform such duties customary for a chief executive
officer of a Delaware corporation, subject to such additional duties and
authority, or limitations on duties and authority, as are set forth in the
Amended and Restated Limited Liability Company Agreement, to be entered into on
the Effective Date, between Paramount and BioValve (the “LLC Agreement”),
or as may be assigned by the Board of Managers consistent with your position as
Chief Executive Officer.  During the
Employment Period, your principal place of employment will be at the Company’s
headquarters in New Jersey but you acknowledge that it will likely be necessary
for you to travel on a regular basis to the Company’s facility in
Massachusetts.

 

(b)           You
agree to use your best efforts, and devote substantially all of your working
time, to perform such duties faithfully, and while you remain employed, not to
engage in any other business activity that is in conflict with your duties and
obligations to the Group. 
Notwithstanding the foregoing, you may (i) serve as a consultant,
director, or member of an advisory board of BioValve or any other company that
is not a Competitive Enterprise (as defined in Section 10), (ii) serve as an
officer or director or otherwise participate in non-profit educational,
welfare, social, religious and civil organizations, and (iii) manage personal
and family investments, provided that such activities in (i), (ii) and (iii) do
not materially interfere with the performance and fulfillment of your duties
and responsibilities hereunder, and do not in the aggregate account for more
than 5% of your working time in any month during the Employment Period.

(c)           In
addition to your serving as Chief Executive Officer of the Company, during the
Employment Period, without additional compensation, you shall serve as a member
of the Board of Managers as its Chairman, and if requested by the Board of
Directors of Paramount, as President and Chief Executive Officer of Paramount
and Chairman of its Board of Directors, or in other officer or board positions
of subsidiaries of the Company.

3.             Base Salary.  During the Employment Period, the Company
will pay you a base salary (“Base Salary”) at an annual rate of $475,000
which will be reviewed and subject to upward adjustment based on the
recommendation of the Compensation Committee of the Board of Managers and the
review and approval of the members of the Board of Managers (excluding you),
and payable in accordance with the Company’s normal payroll practices.

4.             Annual Minimum
Bonus.  For each fiscal year of the
Company that ends during the Employment Period, you will be entitled to a cash
bonus (the “Minimum Bonus”) equal to $100,000, provided that with
respect to the first fiscal year, the $100,000 payment shall be prorated based
on a fraction the numerator of which is the number of days from the Effective
Date to the last day of such fiscal year, and the denominator of which is
365.  The Minimum Bonus shall be paid by the
Company 15 days after the last day of the fiscal year with respect to which it
is payable.

5.             Annual Incentive
Bonus.   For each fiscal year of the
Company that ends during the Employment Period, you will have the opportunity
to earn a bonus (the “Incentive Bonus”) of up to $500,000, based on
satisfaction of pre-established performance goals for each fiscal year set by
the Compensation Committee of the Board of Managers in consultation with you,
which goals will set out, to the maximum extent possible, clinical,
developmental, transactional and economic milestones to be achieved by the
Company in the upcoming fiscal year. 
However, no Incentive Bonus shall be payable in respect of the first
fiscal year of the Company; instead, the first Incentive Bonus will be based on
the period from the Effective Date to the last day of the second fiscal year
ending during the Employment Period, and the $500,000 maximum will be increased
by multiplying it by a fraction, the numerator of which is the number of days
from the Effective Date until the last day of such second fiscal year, and the
denominator of which is 365.  The
performance goals for such Incentive Bonus are set forth in Exhibit A.  To receive the Incentive Bonus, you must be
employed on the last day of the period during which performance is
measured.  The Incentive Bonus shall be
paid 60 days after the end of the applicable fiscal year.

 

2

 

6.             Milestone Bonuses.

(a)           The
Company will pay you a cash bonus equal to $250,000 (the “h-patch Bonus”)
15 days after the later of the Effective Date, or the occurrence of an event
that entitles BioValve to the issuance of 1,000,000 additional membership units
in the Company under the Contribution Agreement, if you are an employee of the
Company on the later of the Effective Date or the date on which such event
occurs.

(b)           The
Company will pay the following additional bonuses (“Market Cap Bonuses”)
15 days after the Paramount Market Cap and Average Trading Volume reach the
following levels, if you are an employee on the date such level is reached:

	
   

  	
   

  	
  Market Cap

  	
   

  	
  Average Trading Volume*

  	
   

  	
  Bonus

  	
   

  
	
   

  	
   

  	
  $250 million

  	
   

  	
  30,000 Shares

  	
   

  	
  $250,000

  	
   

  
	
   

  	
   

  	
  $500 million

  	
   

  	
  60,000 Shares

  	
   

  	
  $500,000

  	
   

  
	
   

  	
   

  	
  $1 billion

  	
   

  	
  60,000 Shares

  	
   

  	
  $1,000,000

  	
   

  

 

                                *subject
to appropriate adjustment for stock splits or similar events

 

As of any given date, “Paramount Market
Cap” shall equal the product of (i) Fully Diluted Shares, and (ii) the 20
trading day trailing average of the closing prices for a share of Paramount
common stock (“Paramount Shares”), “Average Trading Volume” shall
mean the average number of Paramount Shares traded during such 20 trading day
period, and “Fully Diluted Shares” means the number of Paramount Shares
outstanding, plus the number of additional Paramount Shares that would be
outstanding if there were a conversion of all securities convertible into
Paramount Shares, including by reason of a “Redemption” under the LLC Agreement
of the Company’s membership units, but excluding shares subject to the
Paramount Warrants, as defined in the Contribution Agreement.  In the event of any Change of Control (as
defined in the LLC Agreement) pursuant to which Paramount’s Shares cease to be
listed on a national securities exchange (as defined in Rule 600(b) issued by
the Securities and Exchange Commission under Regulation NMS), upon such Change
of Control you shall be paid 50% of all unearned Market Cap Bonuses.

 

7.             Restricted
Share Award.  On the
Effective Date, subject to approval of the
Paramount 2006 Incentive Compensation Plan in substantially the form attached
as Exhibit B (the “Plan”), by the stockholders of Paramount, Paramount will
issue to you 1,250,000 Paramount Shares (the “Restricted Shares”)
(subject to appropriate adjustment in the event of stock splits or similar
events prior to the Effective Date). 
These Restricted Shares will be awarded pursuant to the Plan, and such
award shall be evidenced by and subject to the terms and conditions set forth
in the Restricted Stock Grant Certificate in substantially the form attached as
Exhibit C (the “Restricted Stock Grant Certificate”).  Paramount shall have submitted the Plan in
substantially the form attached as Exhibit B for approval of its Stockholders
prior to the Effective Date.  In the
event that the stockholders do not approve the Plan in substantially the form
attached as Exhibit B, Paramount will re-submit to stockholders for their
approval amended incentive compensation plans that will allow for the granting
of the Restricted Shares, provided that if such approval is not obtained on or
before the first anniversary of the Effective Date, Paramount shall provide you

 

3

 

 with the economic
equivalent of the Restricted Shares when and such Restricted Shares otherwise
would have become vested.

8.             Benefits.  You shall participate in such suitable medical,
dental, pension and other benefit plans as the Board of Managers shall adopt
consistent with industry practice as of the Effective Date or as soon
thereafter as the Board of Managers may determine in its reasonable discretion,
provided that until such time as medical and dental insurance is in place, the
Company agrees to reimburse or pay on your behalf premiums for “COBRA” coverage
to which you may be entitled from BioValve.

9.             Termination
of Employment.

(a)           Death.  Your
employment will terminate upon your death. 
Your beneficiaries will be entitled to (i) any earned but unpaid Base
Salary, (ii) any Minimum Bonus, Incentive Bonus, Market Cap Bonus, or h-patch
Bonus earned with respect to a completed period but not yet paid, (iii)
unreimbursed business expenses, and (iv) any amounts accrued and payable under
the terms of any of the Company’s benefit plans (collectively the “Accrued
Obligations”).  In addition, your
beneficiaries will be entitled to the Prorated Bonus, and accelerated vesting
of your Restricted Shares.  For purposes
of this Employment Letter, “Prorated Bonus” means the sum of the Minimum
Bonus and Incentive Bonus to which you would have been entitled had you
remained employed until the end of the fiscal year in which such termination occurs,
multiplied by a fraction, the numerator of which is the number of days that you
were employed during such fiscal year, and the denominator of which is 365;
provided that if such termination occurs prior to the second fiscal year end
after the Effective Date, the proration of the Incentive Bonus shall be based
on the Incentive Bonus that would have been payable at the end of such second
fiscal year, and the fraction shall equal the number of days you were employed
after the Effective Date over the number of days from the Effective Date until
the end of such second fiscal year. Any payments under this provision shall be
made 15 days after the date of your death, except that payment of the Prorated
Bonus, if any, shall be made 60 days after the end of the fiscal year in which
termination occurs.

(b)           Disability. 
The Company may terminate your employment by reason of your
Disability.  “Disability” means
your inability to perform your essential job functions by reason of a physical
or mental impairment for a period of 120 days within a period of 365
consecutive days.  Upon such termination,
you will be entitled to the Accrued Obligations, the Prorated Bonus, and
continued vesting of your Restricted Shares as if your employment had not
terminated.  Any payments to you under
this provision shall be made 15 days after the date on which your employment is
terminated, except that payment of the Prorated Bonus, if any, shall be made 60
days after the end of the fiscal year in which termination occurs. Payment of the
Prorated Bonus and the continued vesting of your Restricted Shares shall be
conditional upon your continuing compliance with the restrictive covenants
contained in Section 10, as well as your execution, delivery and nonrevocation
of a release of claims in favor of the Group, in substantially the form
attached as Exhibit D.  If you fail to
comply with the restrictive covenants set forth in Section 10 or to deliver the
release described above, you will forfeit your right to the Prorated Bonus and
forfeit all Restricted Shares that are unvested as of the date of notice of
noncompliance from the Company.  In
addition, if you fail to comply with the restrictive covenants set forth in
Section 10, you must either deliver to the Group 50% of such number of

 

4

 

Restricted Shares that became vested within the 12
month period prior to the date of notice of noncompliance from the Company, or
cash in an amount equal to the fair market value of such Restricted Shares on such
date based on the 20 trading day trailing average of the closing prices for a
share of Paramount common stock.  You
will pay the Company under the preceding sentence within 14 days of notice by
the Company.

(c)           Termination for Cause.  The Company may terminate your employment
during the Term for Cause.  “Cause”
means your (i) indictment or plea of guilty or nolo contendere to felony or
misdemeanor involving moral turpitude, (ii) material breach of this Employment
Letter, after the Company has given you 30 days written notice and an
opportunity to cure such breach to the extent curable, (iii) your willful
failure or refusal to perform your material duties or obligations under this
Employment Letter, including, without limitation, willful refusal to abide by
the directions of the Board of Managers on a matter of material importance,
after the Company has given you 30 days written notice and an opportunity to
cure such failure or refusal to the extent curable (iv) willful misconduct or
gross negligence that has a material adverse effect on the Company, (v)
material misappropriation or embezzlement of the property of the Company and
(vi) material violation of any written policies on discrimination, harassment
or substance abuse after the Company has given you 30 days written notice and
an opportunity to cure such violation to the extent curable.  The Company shall not characterize any
termination of your employment as a termination for Cause unless (i) you are
given written notice of the conduct that constitutes Cause, (ii) you are given
an opportunity to be heard before the Board of Managers with counsel of your
choosing, and (iii) the Board of Managers then makes a determination, by a
two-thirds majority of its members (excluding you), to terminate your employment
for Cause.  A failure to meet performance
expectations after a good faith attempt to do so will not, in and of itself,
constitute Cause.  If your employment is
terminated for Cause, you will only be entitled to the Accrued Obligations.

(d)           Termination by the Company without Cause.  The Company may terminate your employment
during the Term for any or no reason.  If
such termination is not for Cause or by reason of your death or Disability,
then, in addition to the Accrued Obligations, and in lieu of any other
severance benefits otherwise payable under any Company policy or otherwise, or
any other damages payable in connection with such termination, you will be
entitled to: (1) a payment equal to the sum of your annual Base Salary plus the
Minimum Bonus, payable over the one year period following termination of your
employment in twelve equal monthly installments paid on the first of each month
beginning with the month following the date of termination, (2) the Prorated
Bonus, (3) one year of continued medical, dental and other benefits that may be
in effect on the date of termination of your employment, provided if the
Company’s plans do not permit you to participate on this basis, the Company
will provide such benefits outside of the plans and provided that if you become
employed during this period and are eligible for comparable coverage from your
new employer, the Company shall cease providing such benefits, (4) continued
vesting of your Restricted Shares as if your employment had not terminated, and
(5) payment of any Market Cap Bonuses that otherwise would have been payable
based on Paramount’s satisfying the Paramount Market Cap and Average Trading
Volume thresholds during the 1-year period following termination of your
employment had your employment not terminated, and payment of 50% of any Market
Cap Bonuses that otherwise would have been payable based on Paramount’s
satisfying the Paramount Market Cap and Average Trading Volume thresholds
during the 1-year period following the first anniversary of

 

5

 

termination of your employment had your employment
not terminated.  Your right to the
payments and benefits set forth in clauses (1) through (5) above (collectively
the “Severance Benefits”) shall be conditional upon your continuing
compliance with the restrictive covenants contained in Section 10, as well as
your execution, delivery and nonrevocation of a release of claims in favor of
the Group in substantially the form attached as Exhibit D.  If you fail to comply with the restrictive
covenants set forth in Section 10 (other than an inadvertent and immaterial
failure) or to deliver the release described above, you will forfeit all cash
Severance Benefits (including the provision of benefits under clause (3) above)
that have not been paid and forfeit all Restricted Shares that are unvested as
of the date of notice of noncompliance from the Company.  In addition, if you fail to comply with the
restrictive covenants set forth in Section 10 (other than an inadvertent and
immaterial failure), you must either deliver to the Group 50% of such number of
Restricted Shares that became vested within the 12 month period prior to the
date of notice of noncompliance from the Company, or cash in an amount equal to
the fair market value of such Restricted Shares on such date based on the 20
trading day trailing average of the closing prices for a share of Paramount
common stock.  You will pay the Company
under the preceding sentence within 14 days of notice by the Group. If you are
eligible for a cash payment under clause (2), it shall be made 60 days after
the end of the fiscal year in which termination occurs, and if you are eligible
for a cash payment under clause (3), it shall be made in a lump sum 15 days
after the date on which your employment is terminated.

(e)           Termination by You for Good Reason.  You may terminate your employment during the
Term for Good Reason.  “Good Reason”
means (i) any material breach by the Company or Paramount of its obligations
under this Employment Letter, after you have given the Company and Paramount 30
days written notice and an opportunity to cure such breach to the extent
curable, (ii) any material diminution of your title, duties, reporting lines or
authority, after you have given the Company 30 days written notice and an
opportunity to cure such diminution, (iii) a relocation of your principal place
of employment more than 75 miles from its location in New Jersey as of the date
hereof, or (iv) a failure by any successor to the Company’s business to
expressly assume this Employment Letter in writing.  In addition, during the 30 day period
commencing one year following a Change of Control, any termination of
employment by you will constitute a termination for Good Reason.  If you terminate your employment for Good
Reason, you shall be treated as if your employment were terminated by the
Company without Cause during the Term pursuant to Section 9(d) above. Your
right to such Severance Benefits shall be subject to the same conditions as set
forth in Section 9(d) regarding compliance with the restrictive covenants and
execution, delivery and nonrevocation of a release and to the forfeiture
provisions described therein.

(f)            Termination by You without Good Reason.  You may terminate your employment during the
Term for any or no reason.  If such
termination is without Good Reason, you must first provide the Company advance
notice of at least 120 days.  Upon such
termination, you will only be entitled to the Accrued Obligations.

(g)           Expiration of Term. 
Your employment will terminate upon expiration of the Term, unless
otherwise agreed by the parties.  Unless
the Company has offered you continued employment for at least a 3-year term
with aggregate fixed and variable cash compensation, excluding the h-patch
Bonus and the Market Cap Bonuses, at least 20% greater than such equivalent
fixed and variable compensation in effect immediately prior to expiration of
the Term

 

6

 

and comparable severance benefits with respect to
such equivalent fixed and variable compensation (a “Qualifying Offer”),
the termination of your employment upon expiration of the Term will be treated
as a termination of your employment by the Company during the Term without
Cause pursuant to Section 9(d) above, except that (i) the Severance Benefit
payable under clause (1) thereof shall be reduced by 50% and paid over six
months, (ii) the continued benefits to be provided under clause (3) thereof
shall only be provided for six months on the same terms and conditions as set
forth therein and (iii) the Severance Benefit payable under clause (5) thereof
shall be reduced to 100% of any Market Cap Bonuses that otherwise would have
been payable based on Paramount’s satisfying the Paramount Market Cap and
Average Trading Volume Thresholds during the 6 month period following
expiration of the Term, and payment of 50% of any Market Cap Bonuses that
otherwise would have been payable based on Paramount’s satisfying the Paramount
Market Cap and Average Trading Volume Thresholds during the 6-month period
following the 6-month anniversary of the expiration of the Term.  Your right to such Severance Benefits shall
be subject to the same conditions as set forth in Section 9(d) regarding
compliance with the restrictive covenants and execution, delivery and
nonrevocation of a release and to the forfeiture provisions described therein.
If the Company makes a Qualifying Offer, you shall have 30 days to accept it by
notice in writing.  If you fail to so
accept the Company’s Qualifying Offer and you choose to terminate your
employment upon expiration of the Term, you will be entitled only to the
Accrued Obligations.

(h)           Change of Control. 
Should a Change of Control occur during the Term, and prior to the
earlier of the expiration of the Term or the date that is 18 months following
such Change of Control, your employment is terminated by the Company without
Cause or by you for Good Reason, then (i) the Severance Benefit payable
pursuant to clause (1) of Section 9(d) shall be increased by 100% and paid in a
lump sum 15 days after your termination of employment, and (ii) the period
during which you are entitled to the Severance Benefits pursuant to clause (3)
of Section 9(d) shall be increased to 2 years on the same terms and conditions
as set forth therein.  Your right to such
Severance Benefits shall be subject to the same conditions as set forth in
Section 9(d) regarding compliance with the restrictive covenants and execution,
delivery and nonrevocation of a release and to the forfeiture provisions
described therein.

(i)            409A.      To
the extent necessary to avoid the adverse tax consequences of Section 409A of
the Internal Revenue Code of 1986, as amended (the “Code”), the Company
will delay payments of amounts otherwise payable during the first six months
following termination of your employment until the end of such six-month
period.

10.           Restrictive
Covenants.

(a)           Non-Competition. 
During the period commencing on the Effective Date and ending on the
fourth anniversary following the termination of your employment for any reason
(whether during or upon expiration of the Term) (the “Restricted Period”),
you will not (except as an officer, director, stockholder, member, manager,
employee, agent or consultant of the Group) directly or indirectly, own,
manage, operate, join, or have a financial interest in, control or participate
in the ownership, management, operation or control of, or be employed as an
employee, agent or consultant, or in any other individual or representative capacity
whatsoever, or use or permit your name to be used in connection with, or be
otherwise connected in any manner with any business or enterprise engaged in
any activity that competes in any way

 

7

 

anywhere in the world with the technologies of the
Group as in existence during the Employment Period (or, until the date that is
six months following termination of your employment, that competes in any way
anywhere in the world with any activity of the Group (any such business or
enterprise, a “Competitive Enterprise”)); provided that the
foregoing restriction shall not be construed to prohibit the ownership by you
together with your affiliates and associates, as the case may be, of not more
than two percent (2%) of any class of securities of any corporation which is
engaged in any of the foregoing businesses, having a class of securities
registered pursuant to the Securities Exchange Act of 1934, as amended, which
securities are publicly owned and regularly traded on any national exchange or
in the over-the-counter market, provided  further,
that such ownership represents a passive investment and that you together with
your affiliates and associates, either directly or indirectly, do not manage or
exercise control of any such corporation, guarantee any of its financial
obligations, otherwise take part in its business other than exercising your
rights as a shareholder, or seek to do any of the foregoing.

(b)           Non-Solicitation. 
During the period commencing on the Effective Date and ending on the
second anniversary following the termination of your employment for any reason
(whether during or upon expiration of the Term), you agree to refrain from
contacting any of the Group’s clients or customers, or any prospective client
or customer with respect to whom a sales effort, presentation or proposal was
made or planning to be made by the Group at or prior to the date of your
termination of employment, for the purpose of soliciting orders, selling or
offering for sale any products or services that compete anywhere in the world
with any material activity engaged in by
the Group as of the date of termination of employment. You further agree that
during the Restricted Period, you shall not, directly or indirectly, solicit or
influence any individual who is an employee or consultant of the Group or was
an employee or consultant of the Group during the Employment Period or within
12 months before the date of termination of the Employment Period to terminate
his or her employment or consulting relationship with the Group or to apply for
or accept employment with a Competitive Enterprise.

(c)           Trade Secrets and Confidential Information.  You recognize that it is in the legitimate
business interest of the Group to restrict your disclosure or use of Trade
Secrets or other Confidential Information relating to the Group for any purpose
other than in connection with your performance of your duties to the Group, and
to limit any potential appropriation of such Trade Secrets or other Confidential
Information.  You therefore agree that
all Trade Secrets or other Confidential Information relating to the Group
heretofore or in the future obtained by you shall be considered confidential
and the proprietary information of the Group. 
You shall not use or disclose, or authorize any other person or entity
to use or disclose, any Trade Secrets or other Confidential Information.  The term “Trade Secrets or other
Confidential Information,” by way of example and without limitation, and in
whatever medium, includes the whole or any portion or phase of any scientific
or technical information, design, process, procedure, formula, machine,
invention, improvement, manufacturing or sales technique, manufacturing, sales
or test data, reimbursement information, business or financial information,
listing of names, addresses, or telephone numbers, or other information
relating to any business or profession which is of value.

(d)           Discoveries and Works.  All Discoveries and Works initiated, made or
conceived by you, during the Employment Period, whether alone or in conjunction
with others, that relate to the activities of the Group shall be owned
exclusively by the Group, and you hereby assign to

 

8

the Group all right, title and interest you may have
or acquire in all such Discoveries and Works. 
The term “Discoveries and Works” includes, by way of example but
without limitation, Trade Secrets or other Confidential Information, patents
and patent applications, trademarks and trademark registrations and
applications, service marks and service mark registrations and applications,
trade names, copyrights and copyright registrations and applications.  You shall (a) promptly notify and make full
disclosure to the Group of any Discoveries and Works, and execute and deliver
any documents requested by the Group to evidence or better assure title to
Discoveries and Works in the Group, as so requested, (b) renounce any and all
claims, including but not limited to claims of ownership and royalty, with
respect to all Discoveries and Works and all other property owned or licensed
by the Group, (c) assist the Group in obtaining, maintaining and enforcing for
itself at its own expense United States and foreign patents, copyrights, trade
secret protection or other protection of or rights in any and all Discoveries
and Works, and (d) promptly execute, whether during the Employment Period or
thereafter, all applications or other endorsements necessary or appropriate to
maintain patents and other rights for the Group and to protect the title of the
Group, including but not limited to assignments of such patents and other
rights.  You acknowledges that all
Discoveries and Works shall be deemed “works made for hire” under the Copyright
Act of 1976, as amended, 17 U.S.C. § 101.

(e)           Remedies. 
You agree that the Group’s remedies at law for any breach or threat of
breach by you of any of the provisions of this Section 10 will be inadequate,
and that, in addition to any other remedy to which the Group may be entitled at
law or in equity, the Group shall be entitled to a temporary or permanent
injunction or injunctions or temporary restraining order or orders to prevent
breaches of the provisions of this Section 10 and to enforce specifically the
terms and provisions hereof, in each case without the need to post any security
or bond and without the requirement to prove that monetary damages would be
difficult to calculate and that remedies at law would be inadequate.  Nothing herein contained shall be construed
as prohibiting the Group from pursuing, in addition, any other remedies
available to the Group for such breach or threatened breach.

(f)            Enforceability. 
It is expressly understood and agreed that although the parties consider
the restrictions contained in this Section 10 hereof to be reasonable for the
purpose of preserving the goodwill, proprietary rights and going concern value
of the Group, if a final determination is made by an arbitrator or court, as
the case may be, having jurisdiction that the time or territory or any other
restriction contained in this Section 10 is an unenforceable restriction on
your activities, the provisions of this Section 10 shall not be rendered void
but shall be deemed amended to apply as to such maximum time and territory and
to such other extent as such arbitrator or court, as the case may be, may
determine or indicate to be reasonable. 
Alternatively, if the arbitrator or court, as the case may be, referred
to above finds that any restriction contained in this Section 10 or any remedy
provided herein is unenforceable, and such restriction or remedy cannot be
amended so as to make it enforceable, such finding shall not affect the
enforceability of any of the other restrictions contained therein or the
availability of any other remedy.

11.           No
Public Statements or Disparagement. 
You agree that you will not make any public statements regarding your
employment or the termination of your employment (for whatever reason) that are
not agreed to by the Group.  You agree
that you will not make any public statement that would libel, slander or
disparage the Group or any of their respective past or

 

9

 

present officers, directors, employees or
agents.  The Company and Paramount agree
that the Group will not make any public statement that would libel or slander
you.  Notwithstanding this Section,
nothing contained herein shall limit or impair the ability of any party to
provide truthful testimony in response to any validly issued subpoena.

12.           Indemnification.

(a)           The Company and Paramount shall indemnify and hold you
harmless from and against any and all losses, costs, damages or expenses
(including reasonable attorneys’ fees) arising out of any claim or legal action
brought against you, whether or not ultimately defensible under the applicable “Business
Judgment Rule,” relating in any way to the services performed by you as an
officer, director or manager for the Company, Paramount or any of their
subsidiaries, whether arising during or after the Employment Period.  This indemnification provision is intended to
be broadly interpreted and to provide for indemnification to the full extent
permitted by applicable law.

(b)           The Company and Paramount shall also indemnify and hold
you harmless, on an after-tax basis, from and against any and all losses,
costs, damages or expenses (including reasonable attorneys’ and accountants
fees) arising out of the imposition on you of any excise tax under Section 4999
of the Code, whether during or after the Employment Period, provided however
that if it is determined by Paramount’s tax advisors (and such determination is
reasonably acceptable to your tax advisor), that such excise tax can be avoided
by a 10% or less reduction in payments or benefits that otherwise would be
subject to the excise tax, then such payments or benefits shall be so reduced.
Notwithstanding the foregoing, the indemnity provided in this paragraph shall
not apply to any taxes imposed on you under Section 4999 of the Code as a result
of or in connection with the consummation of the transactions contemplated
by  the Contribution Agreement.

13.           Withholding.  The Group shall have the right to withhold
from any amount payable to you hereunder an amount necessary in order for the
Group to satisfy any withholding tax obligation it may have under applicable
law, provided that withholding related to the vesting of the Restricted Shares
shall be governed by the Restricted Stock Grant Certificate.

14.           Governing
Law.  The terms of this Employment Letter,
and any action arising hereunder, shall be governed by and construed in
accordance with the laws of the State of New York applicable to contracts made
and to be performed entirely within the State.

15.           Waiver.  This Employment Letter may not be released,
changed or modified in any manner, except by an instrument in writing signed by
you and Paramount and the Company.  The
failure of either party to enforce any of the provisions of this Employment
Letter shall in no way be construed to be a waiver of any such provision.  No waiver of any breach of this Employment
Letter shall be held to be a waiver of any other or subsequent breach.

16.           Assignment.  This Employment Letter is personal to
you.  You shall not assign this
Employment Letter or any of your rights and/or obligations under this
Employment Letter to any other person. 
Each of the Company and Paramount may, without your consent, assign this
Employment Letter to any successor to its business.

 

10

 

17.           Dispute
Resolution. To benefit mutually from the time and cost savings of
arbitration over the delay and expense of the use of the federal and state
court systems, all disputes involving this Employment Letter (except, at the
election of the Group, for injunctive relief with respect to disputes arising
out of an alleged breach or threatened breach of the restrictive covenants
contained in Section 10), including claims of violations of federal or state
discrimination statutes or public policy, shall be resolved pursuant to binding
arbitration in New York, New York administered by the American Arbitration
Association under its Commercial Arbitration Rules then in effect.  In the event of a dispute, a written request
for arbitration shall be submitted to the New York, New York office of the
American Arbitration Association.  The
award of the arbitrators shall be final and binding and judgment upon the award
may be entered in any court having jurisdiction thereof.  Except as otherwise provided above, this procedure
shall be the exclusive means of settling any disputes that may arise
under this Employment Letter.  For the
purpose of any judicial proceeding to enforce such award or incidental to such
arbitration or to compel arbitration and for purposes of Section 10 hereof, the
parties hereby submit to the non-exclusive jurisdiction of the Supreme Court of
the State of New York, New York County, or the United States District Court for
the Southern District of New York, and agree that service of process in such arbitration
or court proceedings shall be satisfactorily made upon it if sent by registered
mail addressed to it at the address referred to below in Section 20.  All fees and expenses of the arbitrators and
all other expenses of the arbitration, except for attorneys’ fees and witness
expenses which shall be borne by each party, shall be shared equally by you and
the Company.  However, if in any
arbitration proceeding or injunctive action, an award or decision is made in
your favor on any material claim, the Company shall reimburse all of your
costs, including reasonable attorneys’ fees, that you incurred in connection
with such proceeding or action.  You and
the Group agree that there will be no punitive damages payable as a result of
any dispute involving this Employment Letter or otherwise involving your
employment and agree not to request punitive damages.

18.           No
Conflicts.  You represent and warrant
to the Company that your acceptance of employment and the performance of your
duties for the Company will not conflict with or result in a violation or
breach of, or constitute a default under any contract, agreement or
understanding to which you are or were a party or of which you are aware and
that there are no restrictions, covenants, agreements or limitations on your
right or ability to enter into and perform the terms of this Employment Letter.

19.           Entire
Agreement.  Upon the Effective Date,
this Employment Letter supersedes all previous and contemporaneous
communications, agreements and understandings between you, on the one hand, and
the Company and Paramount on the other hand, and constitutes the sole and
entire agreement among you, the Company and Paramount pertaining to the subject
matter hereof. 

20.             Counterparts.  This Employment Letter may be executed in one
or more counterparts, all of which shall be considered one and the same
agreement, and shall become a binding agreement when one or more counterparts
have been signed by each party and delivered to the other party.

20.           Notices.  All notices, requests, demands and other
communications under this Employment Letter must be in writing and will be
deemed given (i) on the business day sent, when delivered by hand or facsimile
transmission (with confirmation) during normal business

 

11

 

hours,
(ii) on the business day after the business day sent, if delivered by a
nationally recognized overnight courier or (iii) on the third business day
after the business day sent if delivered by registered or certified mail,
return receipt requested, in each case to the following address or number (or
to such other addresses or numbers as may be specified by notice that conforms
to this Section 20):

                                If to you, to
your address then on file with the Company’s payroll department.

                                If
to the Company or any other member of the Group, to:

	
   

  	
  Valeritas LLC

  	
   

  	
   

  
	
   

  	
  c/o BioValve Technologies, Inc.

  	
   

  	
   

  
	
   

  	
  1000 C Lake Street

  	
   

  	
   

  
	
   

  	
  Ramsey, NJ 07446

  	
   

  	
   

  
	
   

  	
  Attention: Robert Gonnelli

  	
   

  	
   

  
	
   

  	
  Facsimile: (201) 825-8994

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  with a copy to:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Paramount
  Acquisition Corp.

  	
   

  	
   

  
	
   

  	
  787 7th
  Avenue

  	
   

  	
   

  
	
   

  	
  48th
  Floor

  	
   

  	
   

  
	
   

  	
  New
  York, NY 10019

  	
   

  	
   

  
	
   

  	
  Attention:
  J. Jay Lobell

  	
   

  	
   

  
	
   

  	
  Facsimile:
  (212) 580-0801

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  and

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Covington
  & Burling LLP

  	
   

  	
   

  
	
   

  	
  1330
  Avenue of Americas

  	
   

  	
   

  
	
   

  	
  New
  York, NY 10019

  	
   

  	
   

  
	
   

  	
  Attention:
  Stephen A. Infante, Esq.

  	
   

  	
   

  
	
   

  	
  Facsimile:
  (646-441-9039)

  	
   

  	
   

  

 

*     *     *   
* 

 

12

 

If the foregoing is acceptable to you, kindly sign
and return to us one copy of this letter.

 

	
   

  	
   

  	
  Sincerely yours,

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  PARAMOUNT ACQUISITION CORP.

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/
  J. Jay Lobell

  	
   

  	 

	
   

  	
   

  	
   

  	
  Name:

  	
  J.
  Jay Lobell

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Chief
  Executive Officer

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  VALERITAS LLC

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  BY: BIOVALVE TECHNOLOGIES INC.,

  
	
   

  	
   

  	
  its Manager

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ Robert J. Gonnelli

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  Robert J. Gonnelli

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
  President
  and Chief Executive Officer

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  AGREED TO AND ACCEPTED BY:

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  /s/ Robert Gonnelli

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Robert Gonnelli

  	
   

  	
   

  	
   

  	
   

  	
   

  
									

 

 

 

Signature Page to Employment Letter

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