X0202 4 2006-08-08 0 0000934749 MEADOW VALLEY CORP MVCO 0001320769 Praesidium Investment Management Company, LLC 747 THIRD AVENUE, 35TH FLOOR NEW YORK NY 10017 0 0 1 0 Common Stock 2006-08-08 4 S 0 50000 10.25 D 350000 I See footnote These securities may be deemed to be beneficially owned by Praesidium Investment Management Company, LLC ("Praesidium") and Mssrs. Kevin Oram and Peter Uddo. Praesidium is the management company of Praesidium Partners Fund, LP and Praesidium Partners QP Fund, LP and is the investment manager of Praesidium Offshore Master Fund, L.P. Each such reporting person and the joint filers disclaim beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that the reporting person or any joint filer is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or for any other purpose. /s/ Peter Uddo 2006-08-10