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Published on 12/4/2008 in the Prospect News Special Situations Daily.

NNS Holding slashes stake to 5.345% in Martin Marietta Materials

By E. Janene Geiss

Philadelphia, Dec. 4 - NNS Holding reduced its investment in Martin Marietta Materials, Inc. to 5.345% as of Dec. 1, according to an SC 13G/A filing with the Securities and Exchange Commission.

That represents a passive stake of 2,214,032 shares.

Those holdings are down from the passive stake of 11.142%, or 4,134,328 shares, the company reported owning on Dec. 14, 2007.

The company first reported owning 9.7%, or 4,134,328 shares, on June 16, 2007.

Martin Marietta Materials is a Raleigh, N.C.-based producer of aggregates for the construction industry.


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