SALT LAKE CITY
Aug. 7, 2013
Extra Space Storage
Inc. (the "Company") (NYSE: EXR) announced today that, in connection with the recently completed offering of
aggregate principal amount of 2.375% Exchangeable Senior Notes due 2033 (the "Notes") by its operating partnership subsidiary, Extra Space Storage LP (the "Operating Partnership"), the Company intends to file with the Securities and Exchange Commission, on or about
August 28, 2013
, a resale registration statement on Form S-3 to cover the resales of Extra Space Storage Inc. common stock that may be issued from time to time upon exchange or redemption of the Notes. The resale registration statement is anticipated to be immediately effective upon filing.
Holders of Notes who wish to be named in the prospectus to be contained in the resale registration statement in order to sell the common stock issuable to them upon exchange or redemption of their Notes should complete a selling stockholder notice and questionnaire contained in the offering memorandum for the Notes and return it, no later than
August 14, 2013
, to: Extra Space Storage Inc., 2795 East Cottonwood Parkway, Suite 400,
Salt Lake City, Utah
84121, Attention: Corporate Legal Counsel.
This release is being issued in order to comply with the terms of the indenture and registration rights agreement relating to the Notes. The Company will not receive any of the proceeds from the resale of the common stock issuable upon exchange or redemption of the Notes. This release shall not constitute an offer to sell or the solicitation of an offer to buy any of the Company's or the Operating Partnership's securities, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.