Dycom Industries, Inc. is one of North America’s largest specialty contracting services companies. Headquartered in Palm Beach Gardens, Florida, Dycom provides engineering, construction and maintenance services to telecommunications and utility companies throughout the United States. Founded in 1969, the Company is composed of 33 operating subsidiaries, which currently serve hundreds of customers in 49 states and the District of Columbia, with a workforce of approximately 7,800 employees based in more than 200 locations. a large number of “blue chip” telecommunications and utility firms, including many of the industry’s most prominent telephone companies and cable television system operators. Many of these companies engage Dycom’s subsidiaries through multi-year master service agreements. As the telecommunications industry endured several years of slow growth with only minimal capital expenditures, Dycom concentrated on strengthening its relationships with existing customers through long- term contractual commitments, while simultaneously tightly managing costs and maintaining its strong financial position. With the industry now resuming its growth, Dycom is in an excellent position to respond quickly to new opportunities as the demand for sophisticated telecommunications infrastructure renews and accelerates. Over the years, Dycom’s growth strategy has long included selective acquisitions of established, well- respected construction and service companies with proven track records and highly skilled, dedicated employees. Drawing on its exceptional financial strength, Dycom has continued to take advantage of such opportunities, and remains alert to other promising additions to the Dycom family of companies. Dycom’s services include engineering, placement and maintenance of aerial, underground and buried cable systems owned by telephone companies and cable television providers. The Company also installs integrated voice, data and video networks within buildings, and installs direct broadcast satellite systems. In addition, Dycom provides locating services to map and mark underground utilities, and provides electrical utility power line contracting services including the installation, upgrade and maintenance of high voltage power grids. The vast majority of Dycom’s business is derived from companies that transmit information using video, voice or data networks. Its customer base encompasses CORPORATE PROFILE