Exhibit 99.1
[GLOBAL SIGNAL LOGO OMITTED]
FOR IMMEDIATE RELEASE
Contact:
Steven G. Osgood
Chief Financial Officer
(941) 308-3599
Global Signal Announces Quarterly Common Stock Dividend
of $0.525 Per Share for the Second Quarter
Sarasota, Florida. June 15, 2006 -- Global Signal Inc. (NYSE: GSL) announced today that its Board of Directors has declared a quarterly cash dividend on its common stock of $0.525 per share for the quarter ending June 30, 2006. The $0.525 per share dividend is payable on July 20, 2006 to holders of record of Global Signal's common stock on July 6, 2006.
Global Signal owns, leases or manages approximately 11,000 towers and other wireless communications sites. Global Signal is organized and conducts its operations to qualify as a real estate investment trust (REIT) for federal income tax purposes. For more information regarding Global Signal and to be added to our e-mail distribution list, please visit http://www.gsignal.com