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SCHLOUCH AWARDED $2.3 MILLION CONTRACT FOR 4-PHASE LAFAYETTE PARK RESIDENTIAL PROJECT

SCHLOUCH AWARDED $2.3 MILLION CONTRACT FOR 4-PHASE LAFAYETTE PARK RESIDENTIAL PROJECT

BLANDON, PA, October 13, 1999 — Schlouch Incorporated has been awarded a $2,300,000 contract by Jack Callahan, Inc. of Allentown, to prepare a site for Lafayette Park, a four-phase residential project in Northhampton County. The site is located in Forks Township at Sullivan Trail and Meco Road.

According to Barry Schlouch, President of Schlouch Incorporated, the work on the first two phases, preparing land for townhouses and constructing a recreational area, will be completed by the Spring of 2000. Schlouch will handle clearing and grubbing, installation of sanitary, water and storm sewers, construction of detention basins, erosion control, curbing, paving and sidewalk installation.

Site coordinator on the project is Steve Funk and Frank Daddona is project coordinator/estimator.