Exhibit 32

                    CERTIFICATION OF CEO AND CFO PURSUANT TO
                            18 U.S.C. SECTION 1350,
                             AS ADOPTED PURSUANT TO
                 SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002


In  connection  with  the  Quarterly  Report  on Form  10-Q of  Public  Storage
Properties V, Ltd. (the "Partnership") for the quarterly period ended March 31,
2005 as filed with the  Securities  and Exchange  Commission on the date hereof
(the "Report"),  Ronald L. Havner,  Jr., as Chief  Executive  Officer of Public
Storage,  Inc.,  corporate general partner,  and John Reyes, as Chief Financial
Officer  of Public  Storage,  Inc.,  corporate  general  partner,  each  hereby
certifies,  pursuant to 18 U.S.C. ss.1350, as adopted pursuant to ss.906 of the
Sarbanes-Oxley Act of 2002, that:

(1)      The Report fully complies with the requirements of Section 13(a) of the
         Securities Exchange Act of 1934; and

(2)      The information  contained in the Report fairly presents,  in all
         material  respects,  the financial  condition and results of
         operations of the Partnership.

/s/  Ronald L. Havner, Jr.
- ------------------------------------
Name:    Ronald L. Havner, Jr.
Title:   Chief Executive Officer of Public Storage, Inc.,
         Corporate General Partner
Date:    May 16, 2005

/s/  John Reyes
- ------------------------------------
Name:    John Reyes
Title:   Chief Financial Officer of Public Storage, Inc.,
         Corporate General Partner
Date:    May 16, 2005