Wittke and Federal Signal Complete Plan of Arrangment

On October 3, 2002, Calgary-headquartered Wittke Inc. and Oak Brock, Illinois-based Federal Signal Corporation completed a court and shareholder approved plan of arrangement pursuant to which Federal Signal acquired, through a wholly owned subsidiary, all of the issued and outstanding common shares of Wittke at $12.50 per share, payable half in cash and half in Federal Signal common shares, for total consideration of approximately $104 million. Wittke is a leading manufacturer of refuse trucks in North America.

Federal Signal was represented in-house by Kim Wehrenberg, vice-president, general counsel and secretary, and by Torys LLP with a team that included Candy Saga, Darren Sukonick, John Unger, Mike Pickersgill, Marni Halter, Linda Plumpton and Stephanie Montgomery in Toronto and Andy Beck in New York. Bennett Jones LLP represented Wittke, with a team including Robert Lehodey, Chris Skelton, Mark Powell, Beth Riley and Colin Perry (corporate/commercial).