UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): June 21, 2007 PUBLIC STORAGE (Exact Name of Registrant as Specified in its Charter) Maryland 1-33519 95-3551121 - --------------------------------- ------------------------ ----------------- (State or Other Jurisdiction of (Commission File Number) (I.R.S. Employer Incorporation) Identification No.) 701 Western Avenue, Glendale, California 91201-2349 - ------------------------------------------ ---------- (Address of Principal Executive Offices) (Zip Code) (818) 244-8080 (Registrant's telephone number, including area code) Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: |_| Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |_| Pre-commencements communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 7.01 Regulation FD Disclosure On June 21, 2007, Public Storage's subsidiary, Shurgard Self Storage Europe Limited, ("Shurgard Europe") a developer, owner and operator of self-storage centers in Europe, announced that due to adverse market conditions, it has withdrawn the previously announced offering of shares on Euronext Brussels. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: June 21, 2007 PUBLIC STORAGE By: /s/ John Reyes -------------- John Reyes Senior Vice President and Chief Financial Officer