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Extra Space Storage® Inc. (NYSE: EXR) is a real estate investment trust based in Salt Lake City, Utah with regional offices in California, Connecticut, Florida, Maryland, Massachusetts, New Jersey, New York and Texas. Extra Space Storage is the second largest operator of self storage in the U.S., and is a national owner, developer, acquirer and operator of professionally managed self-storage properties. Extra Space Storage is a thirty year old company that has been involved in the self-storage industry since its inception. Extra Space Storage's mission is sustainable growth, based around six basic company goals: * Maximize customer satisfaction * Provide an excellent product and service * Develop and maintain mutually beneficial business relationships * Increase shareholder value * Grow the business * Make Extra Space Storage a great place to work Extra Space Storage is a growth-oriented company creating a new standard in the self-storage industry. Both customers and communities benefit from Extra Space Storage's professional approach to storage. Featuring attractive, convenient and secure facilities operated by professional managers, Extra Space Storage seeks to change the association of self storage as a temporary holding place for rarely-used things to a desirable, safe, and customer-oriented facility perfectly suited for maintaining and accessing valued personal and business possessions. As of August 15, 2005, Extra Space Storage owns and operates 632 properties in 34 states including the District of Columbia. 191 of the properties are wholly-owned, 331 are owned in joint-ventures, and 110 are managed for unaffiliated third parties. Extra Space Storage has been investing in self-storage facilities since 1977 and has developed or acquired over 700 facilities.

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About Extra Space Storage

Extra Space Storage® Inc. (NYSE: EXR) is a real estate investment trust based in Salt Lake City, Utah with regional offices in California, Connecticut, Florida, Maryland, Massachusetts, New Jersey, New York and Texas. Extra Space Storage is the second largest operator of self storage in the U.S., and is a national owner, developer, acquirer and operator of professionally managed self-storage properties.

Extra Space Storage is a thirty year old company that has been involved in the self-storage industry since its inception. Extra Space Storage's mission is sustainable growth, based around six basic company goals:

* Maximize customer satisfaction
* Provide an excellent product and service
* Develop and maintain mutually beneficial business relationships
* Increase shareholder value
* Grow the business
* Make Extra Space Storage a great place to work

Extra Space Storage is a growth-oriented company creating a new standard in the self-storage industry. Both customers and communities benefit from Extra Space Storage's professional approach to storage. Featuring attractive, convenient and secure facilities operated by professional managers, Extra Space Storage seeks to change the association of self storage as a temporary holding place for rarely-used things to a desirable, safe, and customer-oriented facility perfectly suited for maintaining and accessing valued personal and business possessions.

As of August 15, 2005, Extra Space Storage owns and operates 632 properties in 34 states including the District of Columbia. 191 of the properties are wholly-owned, 331 are owned in joint-ventures, and 110 are managed for unaffiliated third parties. Extra Space Storage has been investing in self-storage facilities since 1977 and has developed or acquired over 700 facilities.