NATIONAL STORAGE REIT — Director's Dealing 2014

Apr 8, 2014

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity	National Storage Holdings Limited
	National Storage Property Trust
ABN	166 572 845
	101 227 712

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Anthony Keane
Date of last notice	24 December 2013

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

	Direct or indirect interest	Direct or indirect interest	Indirect	Indirect	Indirect
	Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.		ThroughKeaneSuperPtyLtd,aregistered holder of securities, as trusteefor the Keane Superannuation Fund
	Date of change		31 March 2014
	No. of securities held prior to change		102,000
	Class		Fully paid ordinary stapled securities
	Number acquired
	Number disposed
	Value/Consideration		$113,00	0 (spot market rate of $1.115 o	n the
	Note: If consideration is non-cashvaluation	, provide details and estimated	date of	change).
	No. of securities held after c	hange		102000
				,

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

Mr Keane affected an off-market transfer of his interest from his personal name to his private superannuation fund. No securities were disposed of or acquired.

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

==> picture [434 x 319] intentionally omitted <==

----- Start of picture text ----- Detail of contract NANature of interest NAName of registered holder NA(if issued securities)Date of change NANo. and class of securities to which NAinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changedInterest acquired NAInterest disposed NAValue/Consideration NANote: If consideration is non-cash, provide detailsand an estimated valuationInterest after change NA----- End of picture text -----

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	NA
If prior written clearance was provided, on what date was thisprovided?	NA

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011