Extra Space Storage Inc. Announces Fourth Quarter 2009 Cash Dividend of $0.13 per Share

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Thu Nov 12, 2009 8:55am EST 

  SALT LAKE CITY, UT, Nov 12 (MARKET WIRE) -- 
Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that
its board of directors has declared a fourth quarter cash dividend of
$0.13 per share on the common stock of the Company. The dividend is
payable on December 31, 2009 to stockholders of record at the close of
business on December 10, 2009.

    Together with the $0.25 cash dividend paid to date, the Company's
aggregate 2009 cash dividends will total $0.38 per share, which
approximates the Company's distribution requirements to maintain its
status as a real estate investment trust.

    The Company's dividend policy is set by its board of directors on a
quarterly basis.

    About Extra Space Storage Inc.

    Extra Space Storage Inc., a leading owner and operator of self-storage
properties in the United States, is a fully integrated, self-administered
and self-managed real estate investment trust specializing in the
ownership and/or operations of well-located, high quality self-storage
properties. As of September 30, 2009, the Company owned and/or operated
749 self-storage properties in 33 states and Washington, D.C. The
Company's properties comprised approximately 500,000 units and 54 million
square feet of rentable space. More information regarding Extra Space
Storage can be found on the Company's website at www.extraspace.com

    

For Information:
James Overturf
Extra Space Storage Inc.
(801) 365-4501

Extra Space Storage Inc.
PHONE (801) 562-5556
FAX (801) 562-5579
2795 East Cottonwood Parkway, Suite 400
Salt Lake City, Utah 84121
www.extraspace.com

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