UPDATE 1-Canadian Storage withdraws InStorage hostile bid

The News Review:

- UPDATE 1-Canadian Storage withdraws InStorage hostile bid
- Tamara Hughes Gustavson Joins Public Storage Board of Trustees
- Extra Space Storage Inc. Announces Fourth Quarter 2008 Dividend

UPDATE 1-Canadian Storage withdraws InStorage hostile bid
Reutersnbsp;
Canadian Storage a unit of the U. -based operator ofself-storage warehouses TKG-StorageMart said it is workingtoward a cash deal at C$4 per unit that InStorage has said itcould support. That would raise the deal to about C$98 million from aboutC$91 million based on the company’s 24.

Tamara Hughes Gustavson Joins Public Storage Board of Trustees
MarketWatchnbsp;
Chief Executive Officer
and President of Public Storage. Gustavson’s knowledge of our
company and the self-storage business make her a valuable addition to
our Board. ”

About Public Storage

Public Storage a member of the SP 500 and The Forbes Global 2000 is a
fully integrated self-administered and self-managed real estate
investment trust that primarily acquires develops owns and operates
self-storage facilities. The Company’s headquarters are located in
Glendale California. At September 30 2008 the Company had interests
in 2017 self-storage facilities located in 38 states with approximately
127 million net rentable square feet in the United States and 179
storage facilities in seven Western European nations with approximately
nine million net rentable square feet. Additional information about Public Storage is available on our website.

Extra Space Storage Inc. Announces Fourth Quarter 2008 Dividend
MarketWatchnbsp;
The Company’s properties
comprise approximately 468000 units and over 50 million square feet
of rentable space. For Information:
James Overturf
Extra Space Storage Inc. (801) 365-4501

Mark Collinson
CCG Investor Relations
(310) 477-9800

SOURCE: Extra Space Storage Inc. Copyright 2008 Market Wire All rights reserved.
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