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Public Storage, Adj Rate Cumul Preferred Stock, Series C
Ticker Symbol: PSA-C**     CUSIP: 74460D505     Exchange: NYSE
Security Type:   Traditional Preferred Stock
* NOTE: This security is no longer trading as of 6/30/2003

Security has been Called for:  Monday, June 30, 2003

May 22, 2003 Public Storage, Inc. announced today that the Company intends to call for redemption the Adjustable Rate Cumulative Preferred Stock, Series C (NYSE:PSAPrC) on June 30, 2003 at $25 per share plus accrued dividends from April 1, 2003 through the date of redemption.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Public Storage, Inc., Adjustable Rate Cumulative Preferred Stock, Series C, stated value $25 per share, redeemable at the issuer's option on or after 6/30/1999 at $25 per share plus accrued and unpaid dividends, with no stated maturity, and with distributions paid quarterly on 3/31, 6/30, 9/30 & 12/31 to holders of record on the date fixed by the board, not more than 45 days or less than 15 days prior to the payment date. The Series C adjustable rate is adjusted quarterly and is equal to the highest of one of three U.S. Treasury indices; the Treasury Bill Rate, the Ten year Constant Maturity Rate and the Thirty Year Constant Maturity Rate, multiplied by 110%, and will not be less than 6.75% per annum or greater than 10.75% per annum. In regard to the payment of dividends and upon liquidation, the preferred shares rank equally with other preferreds and senior to the common shares of the company.
Cpn Rate
Ann Amt
Call Date
Matur Date
Distribution Dates 15%
Tax Rate
Adj Rate
Called for

Baa1 BBB+
3/31, 6/30, 9/30 & 12/31
Click for MW ExDiv Date
Click for Yahoo ExDiv Date

Go to Parent Company's Record (PSA)

IPO - 6/30/1994 - 1.20 Million Shares @ $25.00/share.
Market Value $29.5 Million

Company's Online Information Links
Company's Investor Relations Information Go to Investor Relations Information
Company's Online News Releases Go to News Releases
Online Company Profile Go to Online Profile

Company's Online SEC EDGAR Filings
Company's SEC EDGAR Filings Go to SEC Filings

Company's Email Address Links
Email Address
Email Request Form on Website Go to Email Form

Address and Phone Numbers
Address:   701 Western Avenue, Glendale, CA 91201
Main Phone Number 818-244-8080
Fax Number 818-553-2388
Investor Contact   Ryan Burke 818-244-8080   Ext: 1141
Toll Free Phone Number 800-447-8673
CEO - Ronald L. Havner, Jr. CFO - E. John Reyes

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