SOURCE: Extra Space Storage Inc.

Extra Space Storage Inc.

January 08, 2010 19:34 ET

Extra Space Storage Inc. Announces Tax Reporting Information for 2009 Distributions

SALT LAKE CITY, UT--(Marketwire - January 8, 2010) - Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today the allocations of the Company's 2009 dividend distributions on its common stock. The allocations as they will be reported on Form 1099-DIV are as follows for common shares CUSIP# 30225T102:

                                              Distribution    Ordinary
Declaration Date   Record Date  Payable Date    per Share      Income
----------------  ------------- ------------  ------------  ------------
2/27/2009             3/13/2009    3/31/2009  $     0.2500  $     0.2500
11/12/2009           12/10/2009   12/31/2009  $     0.1300  $     0.1300
----------------  ------------- ------------  ------------  ------------
                                      Totals  $     0.3800  $     0.3800
                                              ============  ============
                                            %          100%          100%
                                              ============  ============


Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Extra Space Storage distributions.

Forward-Looking Statements

Certain information set forth in this release contains "forward-looking statements" within the meaning of the federal securities laws. Forward-looking statements include statements concerning our plans, objectives, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans or intentions relating to acquisitions and other information that is not historical information. In some cases, forward-looking statements can be identified by terminology such as "believes," "estimates," "expects," "may," "will," "should," "anticipates," or "intends" or the negative of such terms or other comparable terminology, or by discussions of strategy. We may also make additional forward-looking statements from time to time. All such subsequent forward-looking statements, whether written or oral, by us or on our behalf, are also expressly qualified by these cautionary statements.

All forward-looking statements are based upon our current expectations and various assumptions. Our expectations, beliefs and projections are expressed in good faith and we believe there is a reasonable basis for them, but there can be no assurance that management's expectations, beliefs and projections will result or be achieved. All forward-looking statements apply only as of the date made. We undertake no obligation to publicly update or revise forward-looking statements which may be made to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.

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.

Contact Information

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

    Clint Halverson
    Extra Space Storage Inc.
    (801) 365-4597