InStorage Real Estate Investment Trust
TSX VENTURE : IS.UN

InStorage Real Estate Investment Trust

November 21, 2006 17:27 ET

InStorage REIT Announces November 2006 Distribution

TORONTO, ONTARIO--(Marketwire - Nov. 21, 2006) -

Attention Business/Financial Editors:

InStorage Real Estate Investment Trust (the "REIT") announced today that its distribution for the month of November 2006 is $0.006041667 per REIT Unit. The distribution will be paid on December 15, 2006 to unitholders of record at the close of business on November 30, 2006. Holders of exchangeable units of InStorage Limited Partnership will receive a corresponding distribution.

InStorage Real Estate Investment Trust

InStorage REIT is an unincorporated open-end real estate investment trust that invests primarily in self-storage properties and ancillary businesses. The REIT indirectly owns and operates 20 self-storage properties located in Ontario and Alberta.

Additional information concerning InStorage REIT may be obtained on the SEDAR website at www.sedar.com, under the REIT's profile and in SCOSS Capital Corp.'s Filing Statement dated May 18, 2006 and Management Information Circular dated June 30, 2006.

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