Exhibit 99.1

News Release

Public Storage
701 Western Avenue
Glendale, CA 91201-2349
www.publicstorage.com
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                                                       For Release:  Immediately
                                                       Date: November 25, 2008
                                                       Contact:  Clemente Teng
                                                       (818) 244-8080



         TAMARA HUGHES GUSTAVSON JOINS PUBLIC STORAGE BOARD OF TRUSTEES

GLENDALE, California - Public Storage (NYSE:PSA) announced today the appointment
of Tamara Hughes  Gustavson to the Public  Storage Board of Trustees,  effective
November 25, 2008.  With the  appointment of Ms.  Gustavson,  the Public Storage
Board has a total of 11 trustees.

Ms. Gustavson,  47, was previously employed by Public Storage from 1978 to 2003,
serving most recently as Vice  President,  Administration,  and currently is the
beneficial holder of approximately  22.3 million,  or 13.1%, of Public Storage's
outstanding  common  shares.  She also serves on the Board of  Directors  of the
USC-CHLA  Institute  for  Pediatric  Clinical  Research.  Ms.  Gustavson  is the
daughter of B. Wayne Hughes, Chairman of the Board of Public Storage.

"We are pleased  that our largest  shareholder  has decided to join the Board of
Trustees," said Ronald L. Havner,  Jr., Chief Executive Officer and President of
Public Storage.  "Ms. Gustavson's  knowledge of our company and the self-storage
business make her a valuable addition to our Board."

ABOUT PUBLIC STORAGE:
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Public  Storage,  a member of the S&P 500 and The Forbes Global 2000, 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  are located in Glendale,  California.  At September 30,
2008, the Company had interests in 2,017  self-storage  facilities located in 38
states with  approximately  127 million net  rentable  square feet in the United
States  and 179  storage  facilities  in seven  Western  European  nations  with
approximately nine million net rentable square feet.

Additional  information  about  Public  Storage  is  available  on our  website,
www.publicstorage.com.



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