Stabilisation Notice

Citigroup Global Markets UK EqtyLtd 11 April 2007 THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA. SAFESTORE HOLDINGS PLC Stabilisation Notice Pursuant to Article 9(3) of Commission Regulation (EC) No. 2273/2003 implementing the Market Abuse Directive (2003/6/EC), Citigroup Global Markets U.K. Equity Limited (Contact: Darrell Uden; Telephone: 020 7986 0410) hereby gives notice that the Stabilising Manager named below undertook stabilisation (within the meaning of the rules of the Financial Services Authority) in relation to the offer of the following securities, as set out below. Issuer: Safestore Holdings Plc Securities: Ordinary Shares of £0.01 each Description of offer: Global Offer of Ordinary Shares Offer price: 240 pence Stabilising Manager: Citigroup Global Markets U.K. Equity Limited Stabilisation period: From 9 March 2007 to 28 March 2007 Stabilisation started: 9 March 2007 Stabilisation last occurred: 9 March 2007 For each of the dates during which stabilisation transactions were carried out by the Stabilising Manager, the price range was as follows: Date Lowest price Highest price 9 March 238 pence 240 pence ENDS This announcement does not constitute or form part of an offer to sell, or the solicitation of an offer to subscribe for, any securities in the Company to any person in the United States or in any other jurisdiction. None of the securities described herein has been or will be registered under the US Securities Act of 1933 (as amended) (the "Securities Act") or under the securities laws or with any securities regulatory authority of any state or other jurisdiction of the United States nor will they be registered under the applicable securities laws of Australia, Canada, the Republic of Ireland, the Republic of South Africa or Japan. The securities described herein were sold pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. This announcement must not be distributed to or sent to or into the United States, Australia, Canada, or Japan or to or by any national, resident or citizen of such countries. The distribution of this announcement in certain jurisdictions may be restricted by law and therefore persons into whose possession this announcement comes should inform themselves about and observe any such restrictions. 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 announcement does not constitute a recommendation concerning the Offer. The value of shares can go down as well as up. Past performance is not a guide to future performance. If you are in any doubt about the contents of this announcement, or the action you should take, you should immediately consult an independent financial adviser authorised under the Financial Services and Markets Act 2000 who specialises in advising on the acquisition of shares and other securities. This information is provided by RNS The company news service from the London Stock Exchange