Stabilisation Notice

Safestore Holdings PLC 09 March 2007 THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA Stabilisation Notice Pursuant to Core Dealing Rule 3060-3061, Citigroup Global Markets U.K. Equity Limited ("Citigroup") hereby notifies the London Stock Exchange that it and its affiliates may stabilise the offering of the Ordinary Shares of 1p each fully paid of Safestore Holdings plc with a view to supporting the market price of the Ordinary Shares at a level higher than that which might otherwise prevail: 1. Security to be stabilised: Ordinary Shares of Safestore Holdings plc; 2. Security Identifier: ISIN Code GB00B1N7Z094; 3. Stabilising Manager: Citigroup Global Markets U.K. Equity Limited (a member firm) (Contact - Darrell Uden - tel 020 7986 0410); 4. Stabilisation period commences: 9 March 2007 at approximately 08:00am London time; 5. Stabilisation period ends: Close of business on 6 April 2007; 6. 86,956,525 shares being Offered; 7. Offer price: 240 pence per share; 8. Over-allotment option is equivalent to 15% of the offering (13,043,480 shares); and, 9. Stabilisation will be made in accordance with the FSA rules. Darrell Uden Citigroup Global Markets U.K. Equity Limited This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Company in any jurisdiction. This announcement is not an offer of securities for sale into the United States. The securities referred to above have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There has not been and will not be a public offer of the securities in the United States. Citigroup is acting exclusively for the Company and no-one else in connection with the Global Offer. It will not regard any other person as its client in relation to the Global Offer and will not be responsible to anyone other than the Company for providing the protections afforded to its client, nor for providing advice in relation to the Global Offer, the contents of this announcement or any transaction, arrangement or other matter referred to herein. This information is provided by RNS The company news service from the London Stock Exchange