THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Federal Signal Corporation (FSS)

3/20/2006 Proxy Information

Charles R. Campbell served as Senior Vice President and Chief Financial and Administrative Officer of Federal Signal Corporation from 1985 to 1995.

In July 2002, the Compensation and Benefits Committee of the Board of Directors voted to prohibit any additional loans to executive officers. All loans to executive officers outstanding on such date must be repaid in accordance with their terms. During fiscal 2005, the Company had no such loans outstanding.

3/22/2005 Proxy Information

During fiscal 2004, the Company had a loan outstanding to Mr. Richard L. Ritz for the purpose of exercising stock options. The stock option exercise loan to Mr. Ritz during 2004 had a principal balance totaling $25,856, bearing interest at the rate of 5.93% per annum. During fiscal 2004, Mr. Ritz repaid the full outstanding principal balance of the loan, plus approximately $1,500 in interest. In July 2002, the Compensation and Benefits Committee of the Board of Directors voted to prohibit any additional loans to executive officers. All loans to executive officers outstanding on such date must be repaid in accordance with their terms.

Mr. Charles R. Campbell served as Senior Vice President and Chief Financial and Administrative Officer of Federal Signal Corporation from 1985 to 1995.

3/12/2004 Proxy Information

Richard R. Thomas retired as President of the Tool Group division of Federal Signal Corporation in 1994.

Charles R. Campbell served as Senior Vice President and Chief Financial and Administrative Officer of Federal Signal Corporation from 1985 to 1995.

During fiscal 2003, the Company had loans outstanding to Messrs. Ross and Ritz for the purpose of exercising stock options. The stock option exercise loans to Mr. Ross outstanding during fiscal 2003 had principal balances totaling $860,694, bearing interest at the rate of 3.93% per annum. During fiscal 2003, Mr. Ross repaid the Company $889,135 in respect of such loans, which amount represented the full amount of outstanding principal and interest under such loans. The stock option exercise loans to Mr. Ritz outstanding during fiscal 2003 had principal balances totaling $25,855, bearing interest at the rate of 5.93% per annum. During fiscal 2003, Mr. Ritz repaid the Company $6,124 in respect of such loans, which amount included $1,815 of interest. In July 2002, the Compensation and Benefits Committee of the Board of Directors voted to prohibit any additional loans to executive officers. All loans to executive officers outstanding on such date must be repaid in accordance with their terms.

3/13/2003 Proxy Information

Charles R. Campbell was Senior Vice President and Chief Financial and Administrative Officer of Federal Signal Corporation from 1985 to 1995.