September 7, 2006 – Press Release

Tremont Capital Group Makes Introduction that Enables Large Self Storage Industry Transaction

Orlando, FL. – September 7, 2006 – OB Companies/Simply Self Storage, a diversified real estate developer that expects to be the largest private self storage owner in the country by year end, announced that it has acquired a self storage portfolio of 29 properties in 6 states. Boston, MA-based Tremont Capital Group, Inc. introduced OB Companies/Simply Self Storage to an undisclosed financial partner that financed the transaction.

Simply Self Storage acquired the portfolio from All Seasons Storage Trust in August of 2006. The portfolio consisted of 1,554,845 rentable square feet and 12,783 units in Indiana, Kentucky, Pennsylvania, New Jersey, Ohio, and Maryland.

In addition, Simply Self Storage currently has another 74 properties under contract that will close by year end making it the largest private self storage owner in the country.

OB Companies/Simply Self Storage, based in Orlando, FL., has offices and businesses in Indiana, Illinois, Michigan, Missouri, New Jersey, Pennsylvania, Kansas, Kentucky, Ohio, Georgia, Puerto Rico, and Florida. OB Companies/Simply Self Storage has over 4.9 million square feet of storage space at 82 current/development facilities. A diversified corporation, OB Companies/Simply Self Storage operates profitably in self storage, commercial real estate, retail and office construction.

About Tremont Capital Group
Tremont Capital Group provides strategic planning and merger & acquisition advisory services. To learn more about the services provided by Tremont Capital Group, please visit www.tremontcapitalgroup.com or call 617-482-8866.