Press Release - Acquisition of nine facilities Florida, Illinois, New Jersey, Puerto Rico – Friday, April 27, 2007 For Immediate Release April 27, 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, announces that it has acquired nine facilities in Florida, Illinois, Puerto Rico, and New Jersey. Simply Self Storage acquired a Florida portfolio from StorAway Self Storage with locations in Naples, Ormond Beach, Sanford, and Osprey. Combined, the four stores have 3,284 units and 253, 975 total rentable square feet. The additional five facilities acquired are located in Springhill, Florida, St. Charles, Illinois, Caguas, Puerto Rico, Manalapan, New Jersey and Barnegat, New Jersey. Combined, the 5 stores have 3,165 units and 333,220 total rentable square feet. Simply Self Storage, based in Orlando, FL., has offices, developments and self storage facilities 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 11.8 million square feet of storage space and over 190 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