MISSION STATEMENT AND GOALS

We will build value by being the most efficient supplier of cement, aggregate and concrete products. We will continue to grow through innovation and geographic diversification.

COMPANY PROFILE

TXI is a leading supplier of cement, aggregate and consumer product building materials. All types of construction — residential, commercial and public works — use these materials.

Our primary markets are Texas and California, the nation's most populous states and the two largest cement markets in the U.S. Texas and California also lead the nation in receiving the largest shares of federal highway construction funding. We believe population growth trends in both states will continue to generate increasing construction activity in these markets for years to come.

Our strategy focuses on achieving leading positions in these growing markets while maintaining a low-cost profile. TXI is the largest, low-cost supplier of cement in Texas. Our current project to modernize and expand our California plant will make us a low-cost, number two producer of cement in that market.

TXI's aggregate, ready-mix and packaged concrete operations are leading suppliers to markets that are primarily in the Texas region. We are also the largest supplier of expanded shale and clay aggregate products west of the Mississippi River. The long-term outlook for construction growth in Texas and California provides us with attractive expansion opportunities. Over the next four to five years, we expect to increase our annual capacity to make cement by 50% — from today's 5 million tons to 7.5 million tons — through the California project and through two projects in Texas. The same construction growth trends should provide expansion opportunities for our other building materials operations as well.