General Finance Corporation Announces Separate Trading of Common Stock and Warrants on Tuesday June 13

General Finance Corporation (AMEX: GFN.U) announced
today that commencing on June 13, 2006, the holders of the Company's
units may separately trade the common stock and warrants included in
the Company's units. The common stock and warrants will trade on the
AMEX under the symbols GFN and GFN.WS, respectively. The units will
continue to trade on the AMEX under the symbol GFN.U.
   General Finance Corporation is a blank check company organized
under the laws of the State of Delaware. The Company was formed to
effect a merger, capital stock exchange, asset acquisition or other
similar business combination with an operating business in the
specialty finance sector. The specialty finance sector includes
equipment rental/leasing companies, specialty insurance and
re-insurance companies, and other finance companies specializing in
areas such as payday lending, title lending, and mortgage lending.
   A registration statement relating to these securities was filed
and declared effective by the Securities and Exchange Commission. This
press release shall not constitute an offer to sell or the
solicitation of an offer to buy the securities of the Company, nor
shall there be any sale of these securities in any state or
jurisdiction in which such an offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities
laws of any such state or jurisdiction.

   Any statements contained in this press release that do not
describe historical facts may constitute forward-looking statements as
that term is defined by the United States Private Securities
Litigation Reform Act of 1995. Any such forward-looking statements
contained herein are based on current expectations, but are subject to
a number of risks and uncertainties that may cause actual results to
differ materially from expectations such as material adverse events
affecting the Company, the ability of the Company to satisfy the
conditions to complete the business combination and those other risks
and uncertainties detailed in the Company's filings with the
Securities and Exchange Commission. These statements are not
guarantees of future performance, and readers are cautioned not to
place undue reliance on these forward-looking statements, which speak
only as of the date of this release. The Company undertakes no
obligation to update publicly any forward-looking statements.