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Gayle B. Price, Jr.

January 1, 1992

Chairman and Chief Executive Officer Price Brothers Company, Inc. – Dayton, Ohio

Gayle Price assumed the Chief Executive Officer responsibilities of Price Brothers Company in 1976 after serving for 21 years in a variety of technical and management positions with the company. He received his BS in Engineering from Princeton, served as a Pilot in the U.S. Air Force and then joined this 90-year-old producer of construction materials, primarily concrete pipe for water and wastewater systems. During his term of leadership the company has become a leading international provider of engineered piping systems and operates 12 plants covering the eastern half of the United States. Price Brothers supplied the technology used in the world’s largest water pipeline in North Africa, 1200 miles of 13′ diameter prestressed concrete pressure pipe. Mr. Price has been extensively involved in community activities in Dayton, as chairman of a number of charitable and business organizations. “Our future managers will need the people and entrepreneurial skills to successfully compete.”