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To: GARY P GROBBEL who wrote (55896)	8/21/2006 10:01:11 AM
From: GARY P GROBBEL	Read Replies (2) \| Respond to of 120415

ARSD 1.91...these guys have taken several steps..incl moving up to the OTC BB and beginning to issue PR's......to raise investor awareness...look at the numbers...and they are no fluke...look at their history.... Arabian American Development Co. Announces 2nd Quarter Earnings Tuesday August 15, 5:00 am ET DALLAS, Aug. 15 /PRNewswire-FirstCall/ -- Arabian American Development Co. (OTC Bulletin Board: ARSD - News) announced today that it is reporting Earnings per Share from Continuing Operations of $0.116 for the three months ended June 30, 2006. This is a 73% increase over the same period in 2005, which was $0.067 per share. For the six months ended on June 30, 2006, the Company has Earnings per Share from Continuing Operations of $0.235 per share versus $0.218 per share, which was reported for the first six months of 2005. Gross Revenues for the six months ended June 30, 2006 were $48.4 million, which is a 27% increase over the same period in 2005. Net Cash Provided by Operating Activities was just over $6.0 million as of June 30, 2006. The Company says that while the price fluctuations in the petrochemical sector have affected their overall selling prices and feedstock costs, demand has been strong enough to allow them to maintain the margins they need to maintain reasonable earnings. Barring unexpected events, the Company expects to maintain the current pace through the end of the year. Arabian American says they are also working on their mining development project in Saudi Arabia. Discussions are underway with several parties to assemble a joint venture which will allow for the completion of the project. The high world metal prices and aggressive investment policies in Saudi Arabia have made the project look very favorable. The Company is encouraging interested parties to read its latest 10-K and 10-Q reports for more detail on the activities. About Arabian American Development Co. Arabian American has approximately 23 million shares outstanding and a market capitalization of approximately $40 million. The Company owns and operates a petrochemical facility located in southeast Texas just north of Beaumont, Texas, specializing in high purity petrochemical solvents and other solvent type manufacturing. Gross revenues for the petrochemical operation in 2005 were over $80 million and they employ approximately 100 employees. Arabian American also has a mining project in Saudi Arabia which is under development and is expected to produce economic quantities of copper, zinc, gold, and silver when it is put into production. There are about 20 employees at the mine site.