  We examine the location of the eigenvalues of the generator $G$ of a
semi-group $V(t) = e^{tG},\: t \geq 0,$ related to the wave equation in an
unbounded domain $\Omega \subset {\mathbb R}^d$ with dissipative boundary
condition $\partial_{\nu}u - \gamma(x) \partial_t u = 0$ on $\Gamma = \partial
\Omega.$ We study two cases: $(A): \: 0 < \gamma(x) < 1,\: \forall x \in
\Gamma$ and $(B):\: 1 < \gamma(x), \: \forall x \in \Gamma.$ We prove that for
every $0 < \epsilon \ll 1,$ the eigenvalues of $G$ in the case $(A)$ lie in the
region $\Lambda_{\epsilon} = \{z \in {\mathbb C}:\: |\Re z | \leq C_{\epsilon}
(|\Im z|^{\frac{1}{2} + \epsilon} + 1), \: \Re z < 0\},$ while in the case
$(B)$ for every $0 < \epsilon \ll 1$ and every $N \in {\mathbb N}$ the
eigenvalues lie in $\Lambda_{\epsilon} \cup {\mathcal R}_N,$ where ${\mathcal
R}_N = \{z \in {\mathbb C}:\: |\Im z| \leq C_N (|\Re z| + 1)^{-N},\: \Re z <
0\}.$
