Public Storage Inc. pursues merger Glendale-based...

Public Storage Inc. pursues merger

Glendale-based Public Storage Inc. filed additional paperwork this

week with the Securities and Exchange Commission in connection with

its proposal to acquire Shurgard Storage Centers Inc.

The materials, designed to show the value of the merger to

Shurgard shareholders, are available on Public Storage's website at

www.publicstorage.com under Corporate Information and at the SEC's

website at http://www.sec.gov.

Public Storage announced a proposal to merge with Shurgard in

August, but Shurgard rejected the offer, in which Shurgard stock

would be exchanged for 0.8 shares of Public Storage stocks.

Public Storage also hired Goldman, Sachs & Co. and Wachtell,

Lipton, Rosen & Katz and its financial advisor and legal counsel,

respectively, in connection with the proposed merger.