Press Release - SSS closes on two stores

Rhode IslandMonday, August 13, 2007
For Immediate Release

August 13, 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 two facilities located in Rhode Island.

Simply Self Storage purchased the stores from Bay Self Storage and they are located in the cities of Exeter and Wakefield. Both are in Washington County which is situated in the southwestern part of Rhode Island. Combined they have 681 units and 73,822 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 15.5 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

407-248-7878 – Phone 407-248-9048 - Fax