National Storage Affiliates Trust Announces 2017 Distribution Tax Treatment

National Storage Affiliates Trust ("NSA" or the "Company") NSA today announced the tax treatment of its 2017 distributions on its common shares (CUSIP Number 637870106) and preferred shares (CUSIP Number 637870205) of beneficial interest.

For the tax year ended December 31, 2017, distributions to NSA's common shareholders were classified as follows:

                               

Declaration

Date

    Record Date    

Payment

Date

   

Total Distribution

per Share

   

Ordinary

Taxable

Dividend

per Share

   

Return of

Capital per

Share

2/23/2017     3/15/2017     3/30/2017     $ 0.24     $ 0.185179     $ 0.054821
5/25/2017     6/15/2017     6/30/2017     $ 0.26     $ 0.200611     $ 0.059389
8/24/2017     9/15/2017     9/29/2017     $ 0.26     $ 0.200611     $ 0.059389
11/9/2017     12/15/2017     12/29/2017     $ 0.28     $ 0.216042     $ 0.063958
Totals for 2017     $ 1.04     $ 0.802443     $ 0.237557
           

For the tax year ended December 31, 2017, distributions to NSA's preferred shareholders were classified as follows:

                               

Declaration

Date

    Record Date    

Payment

Date

   

Total Distribution

per Share

   

Ordinary

Taxable

Dividend

per Share

   

Return of

Capital per

Share

11/9/2017     12/15/2017     12/29/2017     $ 0.333333       $ 0.333333     $ 0.00
Total for 2017    

$

0.333333

*

    $ 0.333333     $ 0.00
           

* Pro rata per share amount on the 6.000% Series A Cumulative Redeemable Preferred Shares of Beneficial Interest.

Shareholders are encouraged to consult with their tax advisors as to the specific tax treatment of distributions received from the Company.

About National Storage Affiliates Trust

National Storage Affiliates Trust is a Maryland real estate investment trust focused on the ownership, operation and acquisition of self-storage properties located within the top 100 metropolitan statistical areas throughout the United States. The Company currently holds ownership in and operates 530 self storage properties located in 29 states with approximately 33 million rentable square feet, and is one of the largest operators of self storage properties in the U.S. For more information, please visit the Company's website at www.nationalstorageaffiliates.com. NSA is included in the MSCI US REIT Index (RMS/RMZ), the Russell 2000 Index of Companies and the S&P SmallCap 600 Index.

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