Gyrodyne Co Of America SC 13D Gyrodyne Co of America Inc

CUSIP No. 403820103 SCHEDULE 13D

Exhibit 1

JOINT FILING AGREEMENT

PURSUANT TO RULE 13D-1(k)1

The undersigned acknowledge and agree that the foregoing Schedule 13D is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13D shall be filed on behalf of each of the undersigned without the necessity of filing additional joint filing agreements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.

Date: August 23, 2013

INDABA CAPITAL MANAGEMENT, LLC
By:	/s/ Hank Brier
	Name: Hank Brier
	Title: General Counsel
INDABA PARTNERS, LLC
By:	/s/ Hank Brier
	Name: Hank Brier
	Title: General Counsel
INDABA CAPITAL FUND, L.P.
By:	/s/ Hank Brier
	Name: Hank Brier
	Title: General Counsel
/s/ Derek C. Schrier
DEREK C. SCHRIER