ABRI Abrams Industries (MM)

Abrams Declares Quarterly Dividend ATLANTA, March 4 /PRNewswire-FirstCall/ -- Abrams Industries, Inc. , an energy management, construction and real estate company, today reported that the Board of Directors declared a dividend in the amount of $.04 per share, the Company's 99th consecutive quarterly dividend, payable April 5, 2004, to shareholders of record March 19, 2004. Established in 1925, Abrams Industries, operating nationwide through its wholly owned subsidiaries, provides a variety of energy management and construction services to building owners and operators and engages in commercial real estate investment and development. In energy management, the Company offers engineering services, maintenance management solutions, and turnkey implementation of energy saving lighting programs and related services to help commercial, institutional, hospitality, industrial and retail customers reduce energy consumption and building operating and maintenance costs. In construction, the Company offers a wide range of construction services, including program management, construction management and general construction of retail stores, shopping centers, banks, office buildings, and distribution and manufacturing facilities, and engages in other types of commercial construction. In real estate, the Company currently owns or controls approximately 1.4 million square feet of shopping centers in the Midwest and Southeast and approximately 200,000 square feet of office properties in metropolitan Atlanta, Georgia. For more information about Abrams Industries, please visit http://www.abramsindustries.com/ or call 770-953-0304. Certain statements contained in this news release are forward-looking statements within the meaning of the federal securities laws. Such forward- looking statements involve known and unknown risks, uncertainties and other matters which may cause the actual results, performance or achievements of Abrams Industries, Inc. to be materially different from any past or future results, performance, or uncertainties expressed or implied by such forward- looking statements. Abrams Industries, Inc. does not undertake to update these forward-looking statements. DATASOURCE: Abrams Industries, Inc. CONTACT: Alan R. Abrams, Co-Chairman, President & Chief Executive Officer of Abrams Industries, Inc., +1-770-953-0304, or Web site: http://www.abramsindustries.com/

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