  We express the signature modulo 4 of a closed, oriented, $4k$-dimensional
$PL$ manifold as a linear combination of its Euler characteristic and the new
absolute torsion invariant defined in Korzeniewski [11]. Let $F \to E \to B$ be
a $PL$ fibre bundle, where $F$, $E$ and $B$ are closed, connected, and
compatibly oriented $PL$ manifolds. We give a formula for the absolute torsion
of the total space $E$ in terms of the absolute torsion of the base and fibre,
and then combine these two results to prove that the signature of $E$ is
congruent modulo 4 to the product of the signatures of $F$ and $B$.
