Exhibit 99.2

                                [GRAPHIC OMITTED]

                              N E W S  R E L E A S E

FOR IMMEDIATE RELEASE            Contact:   Steven E. Nielsen, President and CEO
                                            Richard L. Dunn, Senior Vice
                                               President and CFO
                                            (561) 627-7171
Palm Beach Gardens, Florida                                   February 24, 2003

            DYCOM INDUSTRIES, INC. ANNOUNCES STOCK REPURCHASE PROGRAM

Palm Beach Gardens, Florida, February 24, 2003--Dycom Industries, Inc. (NYSE
Symbol: "DY") announced today that its Board of Directors has authorized the
repurchase of up to $25 million of its common stock. The stock repurchases are
authorized to be made over the next eighteen months in open market or private
transactions. The Company's prior authorization to repurchase shares expired in
December 2002.

Dycom is a leading provider of engineering, construction, and maintenance
services to telecommunication providers throughout the United States.
Additionally, the Company provides similar services related to the installation
of integrated voice, data, and video local and wide area networks within office
buildings and similar structures. Dycom also provides underground utility
locating and mapping and electric utility construction services.

This press release may contain forward-looking statements as contemplated by the
1995 Private Securities Litigation Reform Act. These statements are based on
management's current expectations, estimates and projections. Forward-looking
statements are subject to risks and uncertainties that may cause actual results
in the future to differ materially from the results projected or implied in any
forward-looking statements contained in this press release. Such risks and
uncertainties include: business and economic conditions in the
telecommunications industry affecting our customers, continued deterioration in
our customers' financial condition, the adequacy of our reserves and allowances
for doubtful accounts, whether the carrying value of our assets may be impaired,
the anticipated outcome of contingent events, including litigation, liquidity
needs and the availability of financing, as well as other risks detailed in our
filings with the Securities and Exchange Commission.