Exhibit 32

                     RULE 13a-14(a)/15d-14(a) CERTIFICATION


In connection  with the Annual Report on Form 10-K of Public Storage  Properties
V, Ltd. (the  "Partnership")  for the year ended December 31, 2007 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,  corporate general
partner, and John Reyes, as Chief Financial Officer of Public Storage, 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) or
         15(d) 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
         Corporate General Partner
Date:    March 26, 2008

/s/  John Reyes
- ------------------------------------
Name:    John Reyes
Title:   Chief Financial Officer of Public Storage
         Corporate General Partner
Date:    March 26, 2008