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Smith-Midland Corporation Announces Company Updates

Midland, Va. - Smith-Midland Corporation (OTCBB: SMID) announces the following Company updates:

Production begins on $8 million project
Highest 1st three Quarter earnings in Company history
New $1.1 million contract
Three new product patent applications

(details below)

Production begins on $8 million project:

An $8 million highway soundwall project for the state of Maryland began on December 1, 2009, after a short delay which was previously reported on Form 10-Q for the period ended September 30, 2009 filed on November 12, 2009.

Smith-Midland develops, manufactures, licenses, rents, and sells a broad array of precast concrete products for use primarily in the construction, transportation and utilities industries.

Highest 1st three Quarter earnings in Company history:

On Form 10-Q filed on November 12, 2009, the Company reported higher first nine month earnings than in any prior comparable period since the beginning of the Company. Pre-tax income was $3.5 million for the nine months ended September 30, 2009. Net income for the same period was approximately $2.1 million, or $.45 per share (fully diluted).

New $1.1 million contract:

Smith-Midland Corporation has been awarded a new contract in the amount of $1.1 million to provide its precast soundwall panels for the I-195 interchange to Route 1 in Baltimore County, MD. The contract goes into production immediately.

Three new product patent applications:

Smith-Midland and Easi-Set Industries, our licensing company, has filed new patent applications (provisional) for three new precast concrete products:

1. A new embedded post and integral cast panel for the commercially successful Sierra Highway Soundwall
2. The first USA offering of a free standing double JJ Hooks bridge parapet (not bolted down)
3. New integrally cast prestressed and post tensioned floor and wall foundations system for the Smith-Midland line of Easi-Set Ultra large precast buildings sizes up to 50’ clearspan by 200 ft

This announcement contains forward-looking statements, which involve risks and uncertainties. The Company's actual results may differ significantly from the results discussed in the forward-looking statements. Factors which might cause such a difference include, but are not limited to, product demand, the impact of competitive products and pricing, capacity and supply constraints or difficulties, general business and economic conditions, the effect of the Company's accounting policies and other risks detailed in the Company's Annual Report on Form 10-K and other filings with the Securities and Exchange Commission.