Federal Signal Corporation Announces Appointment of President, Fire Rescue Group

Oak Brook, Illinois, October 4, 2004 -- Federal Signal today announced the appointment of Marc F. Gustafson to the position of President, Fire Rescue Group, effective October 5, 2004. The Fire Rescue Group is headquartered in Ocala, Florida, and had revenues totaling $416 million in 2003.

Mr. Gustafson, 52, comes to Federal Signal from American LaFrance Corporation, where he held the position of President. American LaFrance is the fire apparatus manufacturing subsidiary of Freightliner LLC. Prior to joining American LaFrance, Mr. Gustafson was President and CEO of Volvo Trucks North America, and Executive Vice President of Sales and Marketing for Mack Trucks, Inc. Prior to his corporate experience, he was a multi-franchised dealer in Florida for seventeen years.

Mr. Gustafson, a native of Jacksonville, Florida, holds a Bachelor of Science degree from Berry College in Rome, Georgia. He served previously on the Presidents Advisory Council of the United States Chamber of Commerce and as a director for Volvo Cars NA, the American Trucking Association and Habitat for Humanity.

Robert D. Welding, president and chief executive officer, stated, "I am excited that we have been able to attract Marc to lead our FRG business. His diverse business background and leadership experience fit the unique requirements of this position, and I believe he will successfully guide the E-One organization beyond today