Public Storage Announces Redemption of All Outstanding Depositary Shares Representing Interests in its 7.00% Cumulative Preferred Shares

Public Storage PSA announced today that it is calling for redemption all outstanding depositary shares representing interests in its 7.00% Cumulative Preferred Shares, Series G on September 30, 2011 at $25 per depositary share. The aggregate redemption amount to be paid to all holders of the depositary shares is $100,000,000.