Extra Space Storage(R) Announces Tax Reporting Information for 2011 Distributions

SALT LAKE CITY, UT — (Marketwire) — 01/27/12 — Extra Space Storage Inc. (NYSE: EXR) (the “Company”) announced today the allocations of the Company-s 2011 distributions on its common stock. The allocations as they will be reported on Form 1099-DIV are as follows for common shares CUSIP# 30225T102:

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

, headquartered in Salt Lake City, is a fully integrated, self-administered and self-managed real estate investment trust. As of December 31, 2011, the Company owned and/or operated 882 properties in 34 states and Washington, D.C. The Company-s properties comprise approximately 585,000 units and approximately 64 million square feet of rentable offering customers conveniently located and secure , including . Extra Space Storage is the second-largest owner and/or operator of self-storage properties and is the largest company in the United States. For more information, visit .

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