MDU Resources Acquires Amador Transit Mix, Inc.

MDU Resources Group, Inc. (NYSE:MDU) announced today that it has acquired Amador Transit Mix, Inc. and related companies (Amador), a premier ready-mix concrete producer in Sutter Creek, Calif., located approximately 45 miles southeast of Sacramento.

Amador will become part of Knife River Corporation, the construction materials and contracting subsidiary of MDU Resources. Financial details of the acquisition were not disclosed. MDU Resources anticipates the acquisition will be accretive to 2008 earnings per share.

“Adding Amador to Knife River’s operations in California strengthens our presence in that construction market and complements the existing companies’ products and services,” said Bill Schneider, president and chief executive officer of Knife River. “Amador is a well-managed, successful operation that aligned well with MDU Resources’ acquisition strategy. We welcome the management and employees to the Knife River organization.”

Amador will operate as part of Knife River’s Pacific Region, which includes operations in California, Hawaii and Alaska.

The information in this release includes forward-looking statements, including statements by the president and chief executive officer of MDU Resources and the president and chief executive officer of Knife River, as well as the statement with respect to the anticipated effect of the transaction upon earnings per share, within the meaning of Section 21E of the Securities Exchange Act of 1934. Although the company believes that its expectations are based on reasonable assumptions, actual results may differ materially. Important factors that could cause actual results to differ materially from those in the forward-looking statements include the ability to effectively integrate the operations. For a discussion of other important factors that could cause actual results to differ, refer to Item 1A – Risk Factors in MDU Resources’ most recent Form 10-K and Form 10-Q.

MDU Resources Group, Inc., a member of the S&P MidCap 400 index, provides value-added natural resource products and related services that are essential to energy and transportation infrastructure. The company operates in three core lines of business: energy, construction materials and utility resources. MDU Resources includes natural gas and oil production, natural gas pipelines and energy services, construction materials and contracting, construction services, and electric and natural gas utilities. For more information about MDU Resources, see the company's Web site at www.mdu.com or contact the Investor Relations Department at investor@mduresources.com.

Contacts:

   Financial: 

     Vernon A. Raile
     Executive Vice President, Treasurer and Chief Financial Officer
     (701) 530-1003

     Phyllis A. Rittenbach
     Director of Investor Relations
     (701) 530-1057

   Media: 
    
     Rick Matteson
     Director of Communications and Public Relations
     (701) 530-1700
    
     Pamela Trhlik
     Senior Public Relations Representative
     (701) 530-1054

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