X0303 4 2008-12-17 0 0001393311 Public Storage PSA 0000935808 HUGHES B WAYNE ET AL C/O PUBLIC STORAGE 701 WESTERN AVENUE GLENDALE CA 91201 1 0 1 1 CHAIRMAN OF THE BOARD Common Stock 2008-12-17 5 G 0 300000 0 D 8003141 I As Trustee Common Stock 0 I As Settlor Common Stock 1427 I By IRA Common Stock 735000 I By GRAT Common Stock 400000 I By LLC Common Stock 546203.2727 I By 401(k) Plan Depositary Shares Representing Equity Stock 52547 I As Trustee Depositary Shares Representing Equity Stock 46 I By IRA Depositary Shares Representing Equity Stock 10236.7359 I By 401(k) Plan By B. Wayne Hughes, trustee for B.W. Hughes Living Trust dated 6/3/77 (the "Living Trust"). By The Northern Trust Company of Delaware, trustee for B. Wayne Hughes 2008 Irrevocable Intervivos Trust ("NTCD"). By custodian of an IRA for the reporting person's benefit. By B. Wayne Hughes, trustee of Wayne Hughes 6-07 Annuity Trust. 401 (k) plan units that represent interests in common stock or equity stock; based on plan information as of February 2, 2009. There is not a one to one correlation between units and shares. Shares held by Japanese Village, LLC, of which the reporting person is the sole member. /s/ David Goldberg, Attorney in Fact 2009-02-10