X0303 4 2009-08-24 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 2723141 I As Trustee Common Stock 0 I As Settlor Common Stock 1427 I By IRA Common Stock 735000 I By GRAT Common Stock 2009-08-26 4 S 0 50000 70.791 D 600000 I By LLC Common Stock 2009-08-24 4 S 0 200000 70.8666 D 1150000 I By LLC Common Stock 2009-08-25 4 S 0 300000 70.7011 D 850000 I By LLC Common Stock 2009-08-25 4 S 0 72900 71. D 1027100 I By LLC Common Stock 2009-08-26 4 S 0 377100 70.5807 D 650000 I By LLC Common Stock 555829.6477 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 10767.0546 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 August 25, 2009. There is not a one to one correlation between units and shares. The reported shares are held by Japanese Village, LLC, a limited liability company that owns substantial other assets in addition to the reported shares. The reporting person disclaims beneficial ownership of the reported shares held by Japanese Village and this report should not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of section 16 or for any other purposes. The reported shares are held by Quarterhorse Equities, LLC, a limited liability company that owns substantial other assets in addition to the reported shares. The reporting person disclaims beneficial ownership of the reported shares held by Quarterhorse Equities and this report should not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of section 16 or for any other purposes. The reported shares are held by 5420 Sunset Boulevard LP, LLC, a limited liability company that owns substantial other assets in addition to the reported shares. The reporting person disclaims beneficial ownership of the reported shares held by 5420 Sunset Boulevard and this report should not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of section 16 or for any other purposes. /s/ David Goldberg, Attorney in Fact 2009-08-26