PUBLIC STORAGE, INC.                                                Exhibit 99.1
701 Western Avenue Tel: (818) 244-8080
Glendale, CA 91201-2349 Fax: (818) 548-9288




To:   All Directors and Section 16 Executive Officers of Public Storage, Inc.

From: Stephanie G. Heim

Date: October 27, 2005

Re:   Notice of Blackout Period


Effective  December  19, the Public  Storage  401(k)  Profit  Sharing Plan ("the
Plan") will make several changes to the investment  options offered by the Plan.
As a result of these changes,  Plan  participants  will temporarily be unable to
direct or diversify  investments  in their  accounts,  including  Public Storage
securities  held in the Plan (the  "Blackout  Period").  The Blackout  Period is
scheduled to begin on December 1, 2005 and is expected to end December 19, 2005.
The  Blackout  Period will  overlap with Public  Storage's  regularly  scheduled
trading blackout period for the fourth quarter.

This notice is to advise you of the upcoming  Blackout Period,  during which you
will not be permitted  directly or  indirectly,  to purchase,  sell or otherwise
acquire  or  transfer  any  equity  securities  of Public  Storage if the equity
security  was  acquired  in  connection  with your  service or  employment  as a
Director  or  Executive  Officer,  as defined  by  Section 16 of the  Securities
Exchange Act of 1934.  As a result,  during this  Blackout  Period,  you will be
unable to buy or sell any Public  Storage  stock or  securities,  including  any
transactions  outside the Plan,  and unable to  exercise  Public  Storage  stock
options,  if you  acquired  the  securities  as a result of being a director  or
executive officer.

If you have any questions  concerning  this notice,  please call Jack Baumann at
(818) 244-8080,  extension 318, Stephanie Heim at (818) 244-8080, extension 319,
or David Goldberg at (818) 244-8080, extension 529.