Extra Space Storage® Announces 25% Increase in Fourth Quarter 2012 Dividend

SALT LAKE CITY, Nov. 8, 2012 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a quarterly dividend of $0.25 per share on the common stock of the Company for the fourth quarter 2012, a 25% increase over the third quarter 2012 dividend of $0.20.  The dividend is payable on December 31, 2012 to stockholders of record at the close of business on December 10, 2012.

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About Extra Space Storage Inc. 
Extra Space Storage Inc., headquartered in Salt Lake City, is a fully integrated, self-administered and self-managed real estate investment trust that owns and/or operates 910 self-storage properties in 34 states, Washington, D.C. and Puerto Rico. The company's properties comprise approximately 610,000 units and more than 66.7 million square feet of rentable storage space offering customers conveniently located and secure storage solutions, including business storage. Extra Space Storage is the second-largest owner and/or operator of self-storage properties and is the largest self-storage management company in the United States. For more information, visit www.extraspace.com.

SOURCE Extra Space Storage Inc.

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http://www.extraspace.com