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Fitch Expects to Withdraw Ratings of Public Storage

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings expects to withdraw its ratings for Public Storage (PSA) at the end of a 30-day period beginning today. Fitch will continue to maintain coverage of PSA prior to withdrawal. This advance notice is provided for the benefit of users in managing their use of Fitch's ratings. Fitch has decided to discontinue the ratings in 30 days, which are uncompensated. Fitch currently rates PSA as follows: --Issuer Default Rating (IDR) 'A+'; --Unsecured revolving line of

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