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   &lt;div align="left" style="font-size: 10pt; margin-top: 10pt"&gt;NOTE A &amp;#8212; Basis of Presentation
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   &lt;div align="left" style="font-size: 10pt; margin-top: 10pt"&gt;The accompanying unaudited condensed consolidated financial statements have been prepared in
   conformity with U.S. generally accepted accounting principles applicable to interim financial
   information and the instructions to Form 10-Q and Article&amp;#160;10 of Regulation&amp;#160;S-X. Accordingly, they
   do not include all the information and footnotes required by U.S. generally accepted accounting
   principles for complete financial statements. In the opinion of management of Mobile Mini, Inc.
   (Mobile Mini or the Company), all adjustments (which include normal recurring adjustments)
   necessary to present fairly the financial position, results of operations, and cash flows for all
   periods presented have been made. All significant inter-company balances and transactions have been
   eliminated.
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   &lt;div align="left" style="font-size: 10pt; margin-top: 10pt"&gt;The local currency of the Company&amp;#8217;s foreign operations is translated to U.S. currency for the
   Company&amp;#8217;s condensed consolidated financial statements for each period being presented and the
   Company is subject to foreign exchange rate fluctuations in connection with the Company&amp;#8217;s European
   and Canadian operations.
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   &lt;div align="left" style="font-size: 10pt; margin-top: 10pt"&gt;The condensed consolidated balance sheet at December&amp;#160;31, 2009, has been derived from the audited
   consolidated financial statements at that date but does not include all of the information and
   footnotes required by U.S. generally accepted accounting principles for complete financial
   statements.
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   &lt;div align="left" style="font-size: 10pt; margin-top: 10pt"&gt;The results of operations for the six month period ended June&amp;#160;30, 2010, are not necessarily
   indicative of the operating results that may be expected for the entire year ending December&amp;#160;31,
   2010. Demand from some of the Company&amp;#8217;s customers is somewhat seasonal. Demand for leases of the
   Company&amp;#8217;s portable storage units by large retailers is stronger from September through December
   because these retailers need to store additional inventory for the holiday season. Many of these
   retailers usually return these leased units to the Company early in the following year. This
   seasonality has generally caused lower utilization rates for the Company&amp;#8217;s lease fleet and a
   marginal decrease in cash flow during the first quarter of the year. Over the last few years, the
   Company reduced the percentage of units it reserves for this seasonal business in comparison to the
   levels it allocated in earlier years, decreasing the impact of this seasonality on the Company&amp;#8217;s
   operations.
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   &lt;div align="left" style="font-size: 10pt; margin-top: 10pt"&gt;These condensed consolidated financial statements should be read in conjunction with the Company&amp;#8217;s
   December&amp;#160;31, 2009 consolidated financial statements and accompanying notes thereto, which are
   included in the Company&amp;#8217;s Annual Report on Form 10-K filed with the Securities and Exchange
   Commission (SEC)&amp;#160;on March&amp;#160;1, 2010.
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