Press Release - Recent Acquisition

IllinoisMonday, July 16, 2007
For Immediate Release

July 16, 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 four facilities in Illinois.

Simply Self Storage acquired the portfolio from Storage Today. The stores are located in the areas of Bolingbrook, Countryside, Lincoln Park, and McCormick, and combined they have 3,747 units with 368,647 total rentable square feet.

Simply Self Storage, based in Orlando, Florida has offices, developments and self storage facilities in California, 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 14.7 million square feet of storage space with over 200 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