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Public Storage Inc., 5.90% Cumulative Preferred Stock, Series S

Redeemed 07/26/2017

Ticker: PSA-S

Parent Ticker: PSA

OTC Grey Market Temporary Ticker:

Issuance Date: 01/06/2012

1st Call Date: 01/12/2017

Maturity Date: None

Shares Issued: 0

Overallotment Shares: 0

Coupon: 5.90%

Face Value: $25.00

Cumulative: Yes

Qualified: No

Quarterly Dividend Amount: 0.368

Payment Months: MAR, JUN, SEP, DEC

Payment Day: 31

S&P Rating: BBB+

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

Moody Rating: A3

Fitch Rating: NR