AGREEMENT OF JOINT FILING AND POWER OF ATTORNEYJoint Filing and Power of Attorney Agreement • March 25th, 2005 • NewCal CORP • Operative builders
Each of the undersigned hereby agrees that the Tender Offer Statement on Schedule TO to which this Agreement is attached and which relates to the shares of common stock, without par value, of Calprop Corporation (“Calprop”), a California corporation, may be filed on behalf of each of the undersigned in accordance with, and subject to, Rule 14d-1, Rule 13e-3 and all other applicable rules of the United States Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended.
