Press Releases

Sovran Self Storage, Inc. Announces Dividend On Common Stock

BUFFALO, N.Y.--(BUSINESS WIRE)--

The Board of Directors of Sovran Self Storage, Inc. (NYSE:SSS), a self-storage real estate investment trust (REIT), announced today the Company's quarterly dividend of $.63 per share of common stock. The annualized dividend of Sovran Self Storage, Inc. is $2.52 per share which, based on today's share price, equates to an annual rate of approximately 5.8%. The dividend will be paid on January 22, 2008 to Shareholders of record on January 7, 2008.

Sovran Self Storage, Inc. is a self-administered and self-managed equity REIT that is in the business of acquiring and managing self-storage facilities. The Company operates 355 self-storage facilities in twenty-two states under the name "Uncle Bob's Self Storage"(R).

Source: Sovran Self Storage, Inc.