Banc of America Securities LLC will act as
sole underwriter for the offering. Please call the SEC at 1-800-SEC-0330 for further information with
respect to the SEC's public reference rooms.

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Business Editors

SCOTTSDALE, Ariz. This press release shall not
constitute an offer to sell or the solicitation of an offer to buy,
nor shall there be any sale of these securities in any state or other
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities
laws of any such state or other jurisdiction., New York, NY
10001, Tel 646-733-4166 or via e-mail at
dl -prospectusdistribution@bofasecurities., which services the New
Mexico refineries; finished products distribution terminals in
Albuquerque, N. Giant
is also the parent company of Phoenix Fuel Co . Citigroup, Raymond James and Blaylock + Company Inc.

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Giant owns and operates one Virginia
and two New Mexico crude oil refineries; a crude oil gathering
pipeline system based in Farmington, N.M.

This press release contains forward-looking statements that
involve known and unknown risks and uncertainties. The managing underwriter for the
offering is Bear, Stearns + Co.
These securities may not be sold, nor may offers to buy be accepted, prior to
the time the registration statement becomes effective.

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70 per share.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of these
securities in any state in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities laws of
any such state.

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The shares of common stock will be issued pursuant to an effective
shelf registration statement that was previously filed with the
Securities and Exchange Commission.

Investors and shareholders may obtain free copies of the public filings
through the website maintained by the SEC at http://www.

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33rd St., is a refiner and
marketer of petroleum products.

Global Signal currently owns or manages over 4,100 wireless communications
towers and other communications sites.

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The company intends to use the net
proceeds from this offering to redeem a portion of its 11% senior
subordinated notes due 2012 through the exercise of the "equity
clawback" provisions of the indenture governing the notes.com

Company Information and Forward-Looking Statements

Giant, headquartered in Scottsdale, Ariz.

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, Global Signal, Inc. Inc.

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; a fleet of crude oil and
finished product truck transports; and a chain of retail service
station/convenience stores in New Mexico, Colorado, and Arizona. Forward-looking
statements are identified by words or phrases such as "believes,"
"expects," "anticipates," "estimates," "should ," "could," "plans,"
"intends," "may," "project," "predict," "will," variations of such
words and phrases, and other similar expressions. Although we believe
the assumptions upon which these forward -looking statements are based
are reasonable, any of these assumptions could prove to be inaccurate ,
and the forward-looking statements based on these assumptions could be
incorrect.

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, an Arizona
wholesale petroleum products distributor.
The company assumes no obligation to update any forward -looking
statements to reflect new or changed events or circumstances. Global Signal received
net proceeds from the sale of such shares of approximately $183.

Navarre Corporation Files Registration Statement for Common Stock Offering

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All shares are being
offered by the company.

Global Signal Announces Closing of Public Offering of Common Stock

com.gov or at one of
the SEC's other public reference rooms in New York, New York or Chicago,
Illinois.

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----Giant
Industries Inc., and Flagstaff, Ariz . Global Signal has issued and
sold a total of 6,325,000 shares of its common stock, including 575 ,000 shares
sold pursuant to the exercise by the underwriters of their over-allotment
option, at a public offering price of $30. Incorporated, 1585
Broadway, New York, NY 10036 or from the prospectus department of Banc of
America Securities LLC, 9 West 57th Street, 22nd Floor, New York, NY 10019 .

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Inc. Forward-looking statements made by the
company represent its judgment on the dates such statements are made.

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Copies of the prospectus supplement relating to these securities
may be obtained, when available, from Banc of America Securities LLC,
Attn: Prospectus Department, 100 W.
A registration statement relating to these securities has been filed with
the Securities and Exchange Commission but has not yet become effective.

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SARASOTA, Fla. Global Signal is organized and conducts
its operations to qualify as a real estate investment trust (REIT) for federal
income tax purposes.

This category is for craft workers in the metal arts field.

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While these forward-looking statements are made in good
faith, and reflect the company's current judgment regarding such
matters, actual results could vary materially from the forward-looking
statements.
(NYSE: GSL) today announced the closing of its previously announced
underwritten public offering of common stock. Any remaining
proceeds would be used for general corporate purposes.

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Copies of the prospectus related to the offering may be obtained
from the prospectus department of Morgan Stanley + Co.

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Giant Industries Inc. Announces Sale of 1 000 000 Shares of Its Common Stock

MINNEAPOLIS, Navarre Corporation
(Nasdaq: NAVR), a distributor and publisher of a broad range of home
entertainment and multimedia software products , today announced that it has
filed a registration statement on Form S-3 with the Securities and Exchange
Commission relating to a proposed underwritten public offering of up to
$140,000,000 of Navarre common stock.

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All subsequent written and oral
forward-looking statements attributable to the company , or persons
acting on behalf of the company, are expressly qualified in their
entirety by the foregoing.0 million.sec.

It includes exhibitions, instruction and information relating to the craft , but is not for listing sites that offer metal craft for sale.

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Morgan Stanley + Co. acted as
co-managers.

This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of these
securities in any state or jurisdiction in which such offer, solicitation or
sale would be unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.

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Incorporated and Banc of America Securities LLC acted
as joint book-running managers and as representatives for the underwriters of
this offering.

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(NYSE: GI) today announced that it has agreed to sell
1,000,000 shares of its common stock to Banc of America Securities
LLC, subject to customary closing conditions . Important factors that could cause actual results to
differ from forward-looking statements include , but are not limited
to: our success in completing the offering of common stock; our
success in completing the redemption of the existing notes; and other
risks detailed from time to time in the company's filings with the
Securities and Exchange Commission.gsignal. Navarre intends to use the net proceeds
from the proposed offering to fund the initial cash portion of the purchase
price for the recently announced FUNimation acquisition as well as for costs
related to the FUNimation acquisition and the offering.

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M. For more information on Global Signal and to be added to
our e -mail distribution list, please visit http://www. Free copies of these documents
may be obtained by contacting Kathy Conlin at 763-535-8333.