PUBLIC STORAGE

Ticker: PSA CUSIP: 74460D109 Class: COM

Arbiter Partners Capital Management LLC's Holding History (CIK: 0001513193)

Note: Option positions (PUT/CALL) are excluded.

Q2 2015

Shares 1,806 Value ($000) $333 Avg Close $126.21 Range $121.23 - $131.75

Q1 2015

Shares 1,806 Value ($000) $356 Avg Close $129.33 Range $120.62 - $134.87

Q4 2014

Shares 1,806 Value ($000) $334 Avg Close $117.31 Range $106.77 - $123.85

Q3 2014

Shares 3,306 Value ($000) $548 Avg Close $110.47 Range $105.02 - $114.38

Q2 2014

Shares 3,306 Value ($000) $566 Avg Close $109.31 Range $106.54 - $112.47

Q1 2014

Shares 6,306 Value ($000) $1,062 Avg Close $102.35 Range $93.43 - $108.62

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2015	1,806	$333	$126.21	$121.23 - $131.75
Q1 2015	1,806	$356	$129.33	$120.62 - $134.87
Q4 2014	1,806	$334	$117.31	$106.77 - $123.85
Q3 2014	3,306	$548	$110.47	$105.02 - $114.38
Q2 2014	3,306	$566	$109.31	$106.54 - $112.47
Q1 2014	6,306	$1,062	$102.35	$93.43 - $108.62