Global Signal Inc. Declares Additional Second Quarter Dividend SARASOTA, Fla., June 25 /PRNewswire-FirstCall/ -- Global Signal Inc. (NYSE:GSL) announced today that its Board of Directors has declared a cash dividend of $0.103 per share of common stock, bringing the total dividend for the second quarter to $0.3125. The dividend of $0.103 per share is payable on July 20, 2004 to stockholders of record as of July 6, 2004 for the period from June 1, 2004 through June 30, 2004. Prior to the closing of the Company's initial public offering of its common stock, its Board of Directors declared a dividend of $0.2095 per share of common stock to stockholders of record as of May 26, 2004 for the period from April 1, 2004 through May 31, 2004. Global Signal Inc. owns and manages over 3,200 wireless communications towers and other communications sites. Global Signal Inc. is organized and conducts its operations to qualify as a real estate investment trust (REIT) for federal income tax purposes. Contact: Gail Scalfaro Director of Investor Relations 941-308-5227 DATASOURCE: Global Signal Inc. CONTACT: Gail Scalfaro, Director of Investor Relations of Global Signal Inc., +1-941-308-5227 Web site: http://www.gsignal.com/

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