Sovran Self Storage, Inc. Announces Dividend On Common Stock

The Board of Directors of Sovran Self Storage, Inc. (NYSE:SSS), a self storage real estate investment trust (REIT), announced today the Company’s quarterly dividend of $0.45 per share of common stock. The annualized dividend of Sovran Self Storage, Inc. is $1.80 per share which, based on today’s opening share price, equates to an annual rate of approximately 3.6%. The dividend will be paid on July 26, 2012 to Shareholders of record on July 12, 2012.

About Sovran Self Storage, Inc.

Sovran Self Storage, Inc. is a self-administered and self-managed equity REIT that is in the business of acquiring and managing self storage facilities. The Company operates 451 storage facilities in twenty-six states under the name "Uncle Bob's Self Storage" ®. For more information visit www.unclebobs.com, like us on Facebook, or follow us on Twitter.

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