SOURCE: Extra Space Storage Inc.

Extra Space Storage Inc.

August 26, 2011 16:00 ET

Extra Space Storage Inc. Announces Third Quarter 2011 Dividend

SALT LAKE CITY, UT--(Marketwire - Aug 26, 2011) - Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a quarterly dividend of $0.14 per share on the common stock of the Company for the third quarter 2011. The dividend is payable on September 30, 2011 to stockholders of record at the close of business on September 15, 2011.

About Extra Space Storage Inc.:

Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a fully integrated, self-administered and self-managed REIT that owns and/or operates 860 self-storage properties in 34 states and Washington, D.C. The Company's properties comprise approximately 570,000 units and approximately 62 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.