News Release                                                    Exhibit 99.1

Public Storage, Inc.
701 Western Avenue
Glendale, CA 91201-2349
www.publicstorage.com
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                                                    For Release:  Immediately
                                                    Date: November 24, 2004
                                                    Contact:  Mr. Harvey Lenkin
                                                    (818) 244-8080



              PUBLIC STORAGE, INC. ANNOUNCES PROPERTY ACQUISITIONS

GLENDALE,  California - Harvey Lenkin,  President of Public Storage,  Inc. (NYSE
and PCX:PSA), announced that the Company had acquired this week 11 facilities at
a total cost, including estimated closing and conversion costs, of $126,300,000.
Ten of the facilities are located in the Miami area, and one is in the San Diego
area.  They contain 941,700 net rentable square feet of space in 10,300 rentable
units.

Public Storage,  Inc. is a fully integrated,  self-administered and self-managed
real  estate  investment  trust  that  primarily  acquires,  develops,  owns and
operates  self-storage  facilities.  The  Company's  headquarters  is located in
Glendale,  California.  The Company's self-storage  properties are located in 37
states.  At September  30,  2004,  the Company had  interests  in 1,421  storage
facilities with approximately 86.2 million net rentable square feet and (815,000
rentable units).

More information about Public Storage, Inc. is available on the Internet.

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