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Extra Space Storage® Announces Third Quarter 2012 Dividend

SALT LAKE CITY, Sept. 6, 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 $0.20 per share on the common stock of the Company for the third quarter 2012.  The dividend is payable on September 28, 2012 to stockholders of record at the close of business on September 14, 2012.

(Logo: http://photos.prnewswire.com/prnh/20120730/LA48662LOGO)

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 882 self-storage properties in 34 states and Washington, D.C. The company's properties comprise approximately 585,000 units and more than 64 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.

Clint Halverson, Extra Space Storage, +1-801-365-4600, info@extraspace.com