Exhibit 32

                           SECTION 1350 CERTIFICATION


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,
2009 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:    May 14, 2009

/s/ John Reyes
- ------------------------------------
Name:    John Reyes
Title:   Chief Financial Officer of Public Storage
         Corporate General Partner
Date:    May 14, 2009


This  certification  accompanies  the  Report  pursuant  to  Section  906 of the
Sarbanes-Oxley  Act of 2002 and shall not,  except to the extent required by the
Sarbanes-Oxley  Act of 2002, be deemed filed by the  Partnership for purposes of
ss.18 of the Securities Exchange Act of 1934, as amended.

A  signed  original  of  this  written  statement  required  by  ss.906  of  the
Sarbanes-Oxley  Act of 2002 has been  provided to the  Partnership,  and will be
retained and furnished to the SEC or its staff upon request.