Total Unrecaptured Non-Taxable
Total Ordinary Capital Section 1250 Distri-
Record Payable Distribution Dividend Gain Gain (1) bution
Date Date per share (Box 1a) (Box 2a) (Box 2b) (Box 3)
1/7/2009 1/22/2009 $ 0.025 $ 0.00 $ 0.025 $ 0.00 $ 0.00
4/7/2009 4/22/2009 $ 0.025 $ 0.00 $ 0.025 $ 0.00 $ 0.00
7/7/2009 7/22/2009 $ 0.025 $ 0.00 $ 0.025 $ 0.00 $ 0.00
10/7/2009 10/22/2009 $ 0.025 $ 0.00 $ 0.025 $ 0.00 $ 0.00
------------ -------- ------- ------------ ----------
$ 0.10 $ 0.00 $ 0.10 $ 0.00 $ 0.00
(1) Amounts in Box 2b are included in Box 2a.
The fourth quarter 2009 distribution made to holders of record as of
January 7, 2010 for the common shares is considered a 2010 distribution for
federal income tax purposes.
About the Company
U-Store-It Trust is a self-administered and self-managed real estate
investment trust. The Company provides self-storage solutions across the
country. U-Store-It owns and or manages 375 facilities across the United
States, and operates the U-Store-It Network, which consists of
approximately 521 additional self-storage facilities. The Company's
self-storage facilities, storage space and storage solutions are designed
to offer affordable, easily accessible, and in most locations,
climate-controlled storage space for residential and commercial customers,
as well as boat storage and mini storage. According to the 2009 Self
Storage Almanac, U-Store-It Trust is one of the top four owners and
operators of self-storage facilities in the U.S. For more information,
visit www.ustoreit.com.
Forward-Looking Statements
Although the Company believes the expectations reflected in any
forward-looking statements in this press release are based on reasonable
assumptions, there can be no assurance that such expectations will be
achieved. You should not rely on our forward-looking statements because the
matters they describe are subject to known and unknown risks and
uncertainties that could cause the Company's future results, performance,
or achievements to differ significantly from the results, performance, or
achievements expressed or implied by such statements. Such risks are set
forth under the captions "Item 1A. Risk Factors" and "Forward-Looking
Statements" in our annual report on Form 10-K and under the caption "Item
2. Management's Discussion and Analysis of Financial Condition and Results
of Operations" (or similar captions) in our quarterly reports on Form 10-Q,
and described from time to time in the Company's filings with the SEC. For
forward-looking statements herein, the Company claims the protection of the
safe harbor for forward-looking statements contained in the Private
Securities Litigation Reform Act of 1995. The Company assumes no obligation
to update or supplement forward-looking statements that become untrue
because of subsequent events.
Contact Information: Company Contact: Tim Martin Chief Financial Officer (610) 293-5700