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PS Business Parks, 6.45% Dep Shares Cumulative Preferred Stock, Series S

Redeemed 01/18/2017

Ticker: PSB-S

Parent Ticker: PSB

OTC Grey Market Temporary Ticker:

Issuance Date: 01/10/2012

1st Call Date: 01/18/2017

Maturity Date: None

Shares Issued: 0

Overallotment Shares: 0

Coupon: 6.45%

Face Value: $25.00

Cumulative: Yes

Qualified: No

Quarterly Dividend Amount: 0.403

Payment Months: MAR, JUN, SEP, DEC

Payment Day: 31

S&P Rating: BBB

III Rating (In Regards to Dividend Safety Only): B

Moody Rating: Baa2

Fitch Rating: NR