SOURCE: Extra Space Storage Inc.

Extra Space Storage Inc.

January 17, 2011 14:22 ET

Extra Space Storage Inc. Announces Tax Reporting Information for 2010 Distributions

SALT LAKE CITY, UT--(Marketwire - January 17, 2011) - Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today the allocations of the Company's 2010 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:

Declaration Date   Record Date   Ex-Dividend Date   Payable Date   Distribution per Share   Ordinary Income   Return of Capital
2/22/2010   3/15/2010   3/11/2010   3/31/2010   $0.1000   $0.0844   $0.0156
5/25/2010   6/15/2010   6/11/2010   6/30/2010   $0.1000   $0.0844   $0.0156
8/27/2010   9/15/2010   9/13/2010   9/30/2010   $0.1000   $0.0844   $0.0156
8/27/2010   12/10/2010   12/8/2010   12/31/2010   $0.1000   $0.0844   $0.0156
            Totals   $0.4000   $0.3376   $0.0624
            %   100%   84.39%   15.61%

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., headquartered in Salt Lake City, Utah, is a fully integrated, self-administered and self-managed real estate investment trust that owns and/or operates 820 self-storage properties in 34 states and Washington, D.C. The Company's properties comprise approximately 550,000 units and over 59 million square feet of rentable space offering customers a wide selection of conveniently located and secure storage solutions across the country, including boat storage, RV storage and business storage. The Company is the second largest owner and/or operator of self storage properties in the United States and is the largest self-storage management company in the United States.

Contact Information

  • For Information:
    Clint Halverson
    Extra Space Storage Inc.
    (801) 365-4597

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