SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* GUSTAVSON TAMARA HUGHES (Last) (First) (Middle) C/O PUBLIC STORAGE, INC. 701 WESTERN AVENUE (Street) GLENDALE CA 91201-2349 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol PUBLIC STORAGE INC /CA [ PSA ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 11/14/2006
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Depositary Shares Representing Equity Stock								61	I	As custodian(1)
Depositary Shares Representing Equity Stock								1,196,182	D
Depositary Shares Representing Equity Stock								43	D(2)
Depositary Shares Representing Equity Stock								581	I	By husband as custodian(3)
Depositary Shares Representing Equity Stock								581	I	By husband as custodian(4)
Depositary Shares Representing Equity Stock								46	I	By IRA(5)
Depositary Shares Representing Equity Stock								42	I	By husband(6)
Depositary Shares Representing Equity Stock								925.041	I	By 401(k) Plan(7)
Depositary Shares Representing Equity Stock								2,953	I	By children(8)
Common Stock	11/14/2006		S(8)		10,275.5(8)	D	$88.0656	0(8)	I	By children(8)
Common Stock								2,500	I	As custodian(1)
Common Stock								11,348	D(2)
Common Stock								17,890	I	By husband as custodian(3)
Common Stock								17,890	I	By husband as custodian(4)
Common Stock								21,174,292	D
Common Stock								1,425	I	By IRA(5)
Common Stock								1,300	I	By husband(6)
Common Stock								23,227.67	I	By 401(k) Plan(7)
Common Stock	11/14/2006		S(9)		28,275(9)	D	$87.5988	0(9)	I	By son(9)
Common Stock	11/14/2006		S(10)		28,275(10)	D	$87.5988	0(10)	I	By daughter(10)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. By reporting person as custodian for son.

2. By Tamara Hughes Gustavson and B. Wayne Hughes, Jr. - Separate Property.

3. By husband as custodian for son.

4. By husband as custodian for daughter.

5. By custodian of an IRA for benefit of reporting person.

6. By husband.

7. Based on plan information as of November 13, 2006.

8. 50% interest in H-G Family Corporation, which owned 20,551 shares of Common Stock and owns 5,906 Depositary Shares. On November 14, 2006, H-G Family Corporation sold 20,551 shares of Common Stock.

9. A trust for benefit of reporting person's son owns 19.5% interest in American Commercial Equities LLC ("ACE"). On November 14, 2006, ACE sold a total of 145,000 shares of Common Stock. Reporting person disclaims beneficial ownership of shares of Common Stock owned by ACE.

10. A trust for benefit of reporting person's daughter owns 19.5% interest in ACE. On November 14, 2006, ACE sold a total of 145,000 shares of Common Stock. Reporting person disclaims beneficial ownership of shares of Common Stock owned by ACE.

	/s/ David Goldberg, Attorney in Fact	11/15/2006
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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