NATIONAL STORAGE REIT — Director's Dealing 2015

Nov 10, 2015

P | 1800 683 290 A | Level 1, 10 Felix Street, Brisbane QLD 4000 P | GPO Box 3239 QLD 4001 E | invest@nationalstorage.com.au nationalstorage.com.au

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11 November 2015

ASX Market Announcements Office ASX Limited Level 4, Stock Exchange Centre 20 Bridge Street SYDNEY NSW 2000

DIRECTORS INITIAL INTEREST NOTICE ON CHANGE OF RESPONSIBLE ENTITY

Please find attached Appendix 3X’s for the directors of National Storage Financial Services Limited ABN 72 600 787 246 (the “Company”), being:

1. Mr Laurence Brindle

2. Mr Andrew Catsoulis

3. Mr Anthony Keane

4. Mr Howard Brenchley

5. Mr Steven Leigh

The directors were appointed to the Company earlier in this year (exact dates are shown on the respective Appendix 3X’s). However, the Company was only registered as Responsible Entity of the National Storage Property Trust ARSN 101 227 712 on 10 November 2015, being the date at which this lodgement obligation arises with the ASX.

Yours Faithfully

Patrick Rogers Company Secretary and General Counsel National Storage Holdings Limited (07) 3218 8111 Mobile: 0409 764 995 progers@nationalstorage.com.au

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NATIONAL STORAGE REIT (NSR) National Storage Holdings Limited (ACN 166 572 845)

National Storage Financial Services Limited (ACN 600 787 246 AFSL 475 228) as responsible entity for National Storage Property Trust (ARSN 101 227 712)

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial 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 30/9/2001.

Name of entity National Storage Financial Services Limited in its capacity as responsible entity of the National Storage property Trust ABN National Storage Property Trust ARSN 101 227 712 National Storage Financial Services Limited ABN 72 600 787 246

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Andrew Catsoulis
Date of appointment	In relation to National Storage Financial Services Limited, 18 July 2014

Part 1 - Director’s relevant interests in securities of which the director is the registered holder 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.

Number & class of securities

Mr Andrew Catsoulis and Mrs Karen Ellen Catsoulis, 533,900 fully paid ordinary Stapled Securities

• See chapter 19 for defined terms.

Appendix 3X Page 1

11/3/2002

Appendix 3X Initial Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

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

Name of holder & nature of interest Number & class of Securities Note: Provide details of the circumstances giving rise to the relevant interest. Stow Away Self Storage Pty Ltd (ACN 076 331 961) as trustee for the Catsoulis Family Trust. Mr Catsoulis is 1,811,224 fully paid ordinary Stapled Securities a director and company secretary for Stow Away Self Storage Pty Ltd and a potential discretionary beneficiary of the Catsoulis Family Trust. Stow Away Self Storage Pty Ltd (ACN 076 331 961) as trustee for the 3,469,388 fully paid ordinary Stapled Securities Catsoulis Development Trust. Mr Catsoulis is a director and company secretary for Stow Away Self Storage Pty Ltd and a potential discretionary beneficiary of the Catsoulis Development Trust. Storcat Pty Ltd (ACN 131 843 000) as trustee for the Andrew Catsoulis Family Trust. Mr Catsoulis is a director and 6,173,469 fully paid ordinary Stapled Securities shareholder of Storcat Pty Ltd and a potential discretionary beneficiary of the Catsoulis Family Trust. A & K Catsoulis Pty Ltd as trustee for the A & K Catsoulis Superannuation Fund. Mr Catsoulis is a director and 707,182 fully paid ordinary Stapled Securities shareholder of A & K Catsoulis Pty Ltd and a beneficiary of the A & K Catsoulis Superannuation Fund.

Part 3 – 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.

Detail of contract N/A

• See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002

Appendix 3X Initial Director’s Interest Notice

Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
No. and class of securities to which interest relates	N/A

• See chapter 19 for defined terms.

Appendix 3X Page 3

11/3/2002

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial 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 30/9/2001.

Name of entity National Storage Financial Services Limited in its capacity as responsible entity of the National Storage property Trust ABN National Storage Property Trust ARSN 101 227 712 National Storage Financial Services Limited ABN 72 600 787 246

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Howard Brenchley
Date of appointment	In relation to National Storage Financial Services Limited, 8 September 2015

Part 1 - Director’s relevant interests in securities of which the director is the registered holder 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.

Number & class of securities

Nil

• See chapter 19 for defined terms.

Appendix 3X Page 1

11/3/2002

Appendix 3X Initial Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

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

Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest.	Number & class of Securities Nil

Part 3 – 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.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
No. and class of securities to which interest relates	N/A

• See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial 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 30/9/2001.

Name of entity National Storage Financial Services Limited in its capacity as responsible entity of the National Storage property Trust ABN National Storage Property Trust ARSN 101 227 712 National Storage Financial Services Limited ABN 72 600 787 246

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Laurence Brindle
Date of appointment	In relation to National Storage Financial Services Limited, 18 July 2014

Part 1 - Director’s relevant interests in securities of which the director is the registered holder 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.

Number & class of securities

N/A

• See chapter 19 for defined terms.

Appendix 3X Page 1

11/3/2002

Appendix 3X Initial Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

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

Name of holder & nature of interest Number & class of Securities Note: Provide details of the circumstances giving rise to the relevant interest. Brindle Super Pty Ltd as trustee for The Brindle Superannuation Fund. Mr 1,032,400 fully paid ordinary Stapled Securities Brindle is a director and shareholder of Brindle Super Pty Ltd and a beneficiary of The Brindle Superannuation Fund.

Part 3 – 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.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
No. and class of securities to which interest relates	N/A

• See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial 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 30/9/2001.

Name of entity National Storage Financial Services Limited in its capacity as responsible entity of the National Storage property Trust ABN National Storage Property Trust ARSN 101 227 712 National Storage Financial Services Limited ABN 72 600 787 246

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Steven Leigh
Date of appointment	In relation to National Storage Financial Services Limited, 8 September 2015

Part 1 - Director’s relevant interests in securities of which the director is the registered holder 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.

Number & class of securities

N/A

• See chapter 19 for defined terms.

Appendix 3X Page 1

11/3/2002

Appendix 3X Initial Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

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

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Name of holder & nature of interest Number & class of Securities
Note: Provide details of the circumstances giving rise
to the relevant interest.
Vandalay Enterprises Pty Ltd as
Trustee for Steven & Donna Leigh
63,000 fully paid ordinary Stapled Securities
Superannuation Fund. Mr Leigh is a
director and shareholder of Vandalay
Enterprises Pty Ltd and a beneficiary of
the Steven & Donna Leigh
Superannuation Fund.
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Part 3 – 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.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
No. and class of securities to which interest relates	N/A

• See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial 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 30/9/2001.

Name of entity National Storage Financial Services Limited in its capacity as responsible entity of the National Storage property Trust ABN National Storage Property Trust ARSN 101 227 712 National Storage Financial Services Limited ABN 72 600 787 246

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Anthony Keane
Date of appointment	In relation to National Storage Financial Services Limited, 18 July 2014

Part 1 - Director’s relevant interests in securities of which the director is the registered holder 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.

Number & class of securities

N/A

• See chapter 19 for defined terms.

Appendix 3X Page 1

11/3/2002

Appendix 3X Initial Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

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

Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest. Keane Super Pty Ltd as trustee of the Keane Superannuation Fund. Mr Keane is a director and shareholder of Keane Super Pty Ltd and a beneficiary of the Keane Superannuation Fund.	Number & class of Securities 114,000 fully paid ordinary Stapled Securities

Part 3 – 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.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
No. and class of securities to which interest relates	N/A

• See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002