Press Release - Simply Self Storage closes on Storage Plus portfolio Florida – Thursday, August 09, 2007 For Immediate Release August 8, 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 a portfolio consisting of three facilities located in Florida. Simply Self Storage purchased a State of the Art, Class A portfolio from Storage Plus. The stores are located in New Smyrna, Sanford, and Winter Park, and combined they have 1,896 units and 216,564 total rentable square feet. The New Smyrna store was built in 2001 and has 8 one story buildings and 1 two story climate controlled building. It is located off Highway 44 and is surrounded by a mix of residential and commercial areas. Sanford was built in 2000 and has 8 one story buildings. It is located on State Road 46 in Seminole County and is situated amongst residential, commercial, and industrial areas. The Winter Park location has 6 one story buildings and 1 two story climate controlled building and is surrounded by multiple universities, apartment communities, and retail stores. 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 15.4 million square feet of storage space with over 215 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