Press Release - Acquisition of five facilities

Georgia, Illinois, Ohio, PennsylvaniaWednesday, June 06, 2007
For Immediate Release

June 6, 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 five facilities in Georgia, Illinois, Ohio, and Pennsylvania.

Simply Self Storage acquired two of the five facilities in Macon, Georgia. Combined the Georgia stores have 752 units and 133,495 total rentable square feet.

The Illinois acquisition is located in Deerfield and has 521 units with 65,675 total rentable square feet. This will be the 18th location in this state for Simply Self Storage.

The Ohio acquisition, located in Cincinnati, and has 706 units with 76,061 total rentable square feet, and will make this the 24th location in this state.

The Pennsylvania acquisition is located in Ivy Hill and has 617 units with 50,310 total rentable square feet. This will be the 22nd location in this state.

Simply Self Storage, based in Orlando, Florida 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 13.7 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