Public Storage Company - PSA- Profile

Public Storage Incorporated. The Group's principal activity is to acquire, develop, own and operate storage facilities. It offers storage spaces and containers for lease, usually on a month-to-month basis, for personal and business use. As on 31-Dec-2006, the Group owns and operates storage space in United States with direct and indirect equity investments in 2,003 storage facilities containing approximately 125 million square feet of net rental space. The Group is a fully integrated, self-administered and self-managed real estate investment trust. On 22-Aug-2006, the Group acquired Shurgard Storage Centers, Inc. Real estate investment trust that acquires, develops, owns and operates storage facilities