0001193125-06-145276 Sample Contracts

1,500,000 Shares SBA Communications Corporation Class A Common Stock UNDERWRITING AGREEMENT
Underwriting Agreement • July 12th, 2006 • Sba Communications Corp • Communications services, nec • New York

Certain selling shareholders of SBA Communications Corporation, a Florida corporation (the “Company”), named in Schedule 1 hereto (the “Selling Shareholders”) propose to sell to Lehman Brothers Inc. (the “Underwriter”) 1,500,000 shares (the “Stock”) of the Class A Common Stock, par value $0.01 per share (the “Common Stock”) of the Company. This is to confirm the agreement concerning the purchase of the Stock from the Selling Shareholders by the Underwriter.

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