Extra Space Storage(R) Helps Customers Save for College

Starting today, Extra Space Storage, the only self-storage company currently participating in Upromise, will contribute 2% of rental fees and supplies to Upromise members' accounts, helping customers save for a college education. Members who make an eligible purchase with Extra Space Storage using a credit or debit card registered with Upromise will receive a 2% contribution in to their Upromise account.

"Extra Space Storage is proud to offer our customers a new partnership with Upromise. Whether they're storing with Extra Space because they're moving, experiencing a major life change, or using storage for business purposes, the Upromise affiliation allows us to continually reward our customers, because the longer they stay, the more they earn for education," said Buck Brown, SVP Marketing at Extra Space Storage.

Upromise members join free and can earn money for college while making everyday purchases of hundreds of products and services. Many of America's leading brands participate in the service by contributing 1-25% of eligible purchases back to Upromise members as college savings rewards.

About Extra Space Storage:

Extra Space Storage(R) Inc. (NYSE: EXR | Quote | Chart | News | PowerRating) is a real estate investment trust based in Salt Lake City, Utah. Extra Space Storage is the second largest operator of self storage in the U.S., and is a national owner, developer, acquirer and operator of professionally managed self-storage properties.

The 30-year old company has been a leader in the self-storage industry since its inception by focusing on its commitment to be the most convenient, secure and professional storage solution in every neighborhood it serves. By featuring attractive, convenient and secure facilities operated by professional managers, Extra Space Storage seeks to change the association of self storage as a temporary holding place for rarely-used things to a desirable, safe, and customer-oriented facility perfectly suited for maintaining and accessing valued personal and business possessions. Most company facilities are fenced in and offer features such as individual door alarms, computerized keypads, video monitoring and onsite residential managers for added safety. Climate controlled rooms and pest control provide protection for the most valued possessions. Individually lit units, extra-wide driveways and overhead rolling garage doors make moving items in a breeze. Packing and moving supplies are also available, and rental trucks are available at select locations. More available at: www.ExtraSpace.com

About Upromise

Launched in April 2001, today Upromise is the largest private source of college funding contributions in America, with more than 9 million members and $450 million in member rewards. Membership is free and can help families save money for college while making everyday purchases of products and services at more than 21,000 grocery and drug stores, 14,000 gas stations, 8,000 restaurants, as well as thousands of retail stores, and more than 600 online shopping sites. Upromise partners include Citi(R), ExxonMobil Corporation, Bed Bath & Beyond(R), McDonald's(R), JCPenney.com, LandsEnd.com, Sears.com, and hundreds of others. Upromise also makes it easy for families to start their own college savings strategy through tax-advantaged 529 college savings plans offered through Upromise Investments, Inc. or by using Upromise contributions to help pay down eligible student loans. Upromise is a wholly owned subsidiary of SLM Corporation (NYSE: SLM), commonly known as Sallie Mae, the nation's leading provider of saving-and-paying-for-college programs. Upromise is headquartered in Newton, Mass., and has more than 350 employees. For additional information, visit www.Upromise.com.

SOURCE: Extra Space Storage Inc.

Extra Space Storage Inc. Denise Bovo, 901-252-2043 dbovo@extraspace.com or For Upromise: Debby Hohler, 617-454-6741 dhohler@upromise.com