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Omaha,
NE - The Board of Directors of Valmont Industries, Inc. (NYSE: VMI) has
increased the Company's quarterly cash dividend effective this July. The
second quarter cash dividend will be 10.5 cents per share payable on July
16, 2007 to shareholders of record on June 29, 2007. The dividend is an
increase of 10.5% from the prior quarter's dividend, and indicates an
annual rate of 42.0 cents per share.
Valmont is the global leader in
designing and manufacturing poles, towers and structures for lighting and
traffic, wireless communication and utility markets, and a provider of
protective coating services. Valmont also leads the world in mechanized
irrigation equipment for agriculture, enhancing food production while
conserving and protecting natural water resources. In addition, Valmont
produces a wide variety of tubing for commercial and industrial
applications.

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