Press Release - Acquisition of six facilities

Florida, Illinois, Indiana, New JerseyWednesday, April 11, 2007
For Immediate Release

April 11, 2007 – ORLANDO, Fla. – OB Companies/Simply Self Storage, the largest privately held developer and operator of self storage facilities in the United States and Puerto Rico, announced that it has acquired 6 new facilities in New Jersey, Illinois, Indiana, and Florida.

The New Jersey facilities were purchased from Guardian Self Storage and are located in the towns of Cliffwood, Millville, and Williamstown. Combined they have 1,501 units and 155,736 total rentable square feet.

The facility in Glenview, Illinois was acquired from The LockUp and has 868 units with 73,576 total rentable square feet. The facility in Avon, Indiana was acquired from The Storage King and has 427 units with 78,200 total rentable square feet, and the facility located in Titusville, Florida was acquired from Access Self Storage and has 527 units with 61,153 total rentable square feet.

Simply Self Storage, based in Orlando, FL., has offices and self storage projects in Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, Missouri, New Jersey, New York, Ohio, Pennsylvania, Texas, Rhode Island and Puerto Rico. Simply Self Storage has over 10.6 million square feet of storage space and over 180 operating self storage facilities.

For further information, please contact Jessica Wolf at OB Companies/Simply Self Storage, JWolf@obcompanies.com.

Kurt O’Brien
Chief Executive Officer
OB Companies/Simply Self Storage
7932 W. Sand Lake Rd., Suite 108
Orlando, FL 32819
407-248-7878 – Phone
407-248-9048 - Fax