EXHIBIT 99.2

Federal Signal Corporation
2007 Income by Quarter
($’s in millions, except per share data)

	Q1			Q2			Q3			Q4			Full Year
	2007			2007			2007			2007			2007
Net Sales	$	213.0		$	243.2		$	228.5		$	257.0		$	941.7
Cost of sales		(157.4	)		(176.2	)		(164.4	)		(187.9	)		(685.9	)
Operating expenses		(38.8	)		(44.4	)		(44.5	)		(46.0	)		(173.7	)
Operating income		16.8			22.6			19.6			23.1			82.1
Interest expense		(6.1	)		(5.7	)		(6.4	)		(8.0	)		(26.2	)
Other expense		(0.3	)		(0.4	)		(0.3	)		(2.1	)		(3.1	)
Income before income taxes		10.4			16.5			12.9			13.0			52.8
Income tax expense		(3.1	)		(4.3	)		(2.7	)		(1.9	)		(12.0	)
Income from continuing operations		7.3			12.2			10.2			11.1			40.8
Gain (loss) from discontinued operations and disposal, net of tax		23.4			(1.1	)		(5.7	)		(2.5	)		14.1
Net income	$	30.7		$	11.1		$	4.5		$	8.6		$	54.9
Gross margin on revenues		26.1	%		27.5	%		28.1	%		26.9	%		27.2	%
Operating margin on revenues		7.9	%		9.3	%		8.6	%		9.0	%		8.7	%
Effective Tax Rate		30.1	%		26.0	%		21.0	%		15.0	%		22.9	%
Diluted earnings per share:
Income from continuing operations	$	0.15		$	0.25		$	0.21		$	0.23		$	0.85
Gain (loss) from discontinued operations and disposal, net of tax		0.49			(0.02	)		(0.12	)		(0.05	)		0.30
Diluted earnings per share	$	0.64		$	0.23		$	0.09		$	0.18		$	1.15
Average common shares outstanding — millions		47.8			47.8			47.8			47.8			47.8
Memorandum: Depreciation and amortization expense	$	2.6		$	3.1		$	3.5		$	4.2		$	13.4

Federal Signal Corporation
2007 Segment Income by Quarter
($’s in millions)

	Q1			Q2			Q3			Q4			Full Year
	2007			2007			2007			2007			2007
Group results:
Safety and Security Systems Group:
Orders	$	97.9		$	93.0		$	88.5		$	88.1		$	367.5
Net Sales		78.7			95.9			94.4			98.2			367.2
Operating Income		9.5			14.3			12.7			13.1			49.6
Operating Margin		12.0	%		14.9	%		13.5	%		13.3	%		13.5	%
Backlog	$	78.0		$	75.3		$	71.7		$	61.2		$	61.2
Fire Rescue Group:
Orders	$	61.5		$	38.2		$	36.5		$	43.7		$	179.9
Net Sales		20.6			30.7			25.2			47.2			123.7
Operating Income		1.7			3.6			2.9			5.4			13.6
Operating Margin		8.3	%		11.7	%		11.5	%		11.4	%		11.0	%
Backlog	$	105.5		$	114.8		$	132.4		$	133.6		$	133.6
Environmental Solutions Group:
Orders	$	110.5		$	108.1		$	102.7		$	136.9		$	458.2
Net Sales		113.7			116.6			108.9			111.6			450.8
Operating Income		10.1			11.1			9.5			9.5			40.2
Operating Margin		8.9	%		9.5	%		8.7	%		8.5	%		8.9	%
Backlog	$	125.5		$	117.0		$	111.4		$	136.9		$	136.9
Corporate operating expenses	$	(4.5	)	$	(6.4	)	$	(5.5	)	$	(4.9	)	$	(21.3	)
Total Operating Income	$	16.8		$	22.6		$	19.6		$	23.1		$	82.1