NATIONAL STORAGE REIT — Director's Dealing 2015

Sep 2, 2015

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 ARSN 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	Andrew Catsoulis
Date of last notice	19 August 2015

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 and Indirect

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise tothe relevant interest.		Stow Away Self Storage Pty Ltd (ACN 076 331 961) astrustee for the Catsoulis Family Trust. Mr Catsoulis is adirector and company secretary for Stow Away SelfStorage Pty Ltd and a potential discretionary beneficiary of
		the Catsoulis F	amily Trust (1,811,224 fully paid ordinary
		Stapled Securiti	es).
		Stow Away Sel	f Storage Pty Ltd (ACN 076 331 961) as
		trustee for the Catsoulis Development Trust. Mr Catsoulisis a director and company secretary for Stow Away SelfStorage Pty Ltd and a potential discretionary beneficiary ofthe Catsoulis Development Trust (3,469,388 fully paidordinary Stapled Securities).Storcat Pty Ltd (ACN 131 843 000) as trustee for theAndrew Catsoulis Family Trust. Mr Catsoulis is a directorand shareholder of Storcat Pty Ltd and potentialdiscretionary beneficiary of the Catsoulis Family Trust(6,173,469 fully paid ordinary Stapled Securities).A & K Catsoulis Pty Ltd as trustee for the A & K CatsoulisSuperannuation Fund. Mr Catsoulis is a director andshareholder of A & K Catsoulis Pty Ltd and a beneficiaryof the A & K Catsoulis Superannuation Fund (695,182 fullypaid ordinary Stapled Securities).
Date of change		2 September 2015
No. of securities held prior to change		12,559,163
Class		Ordinary
Number acquired		136,000
Number disposed		Nil
Value/ConsiderationNote: If consideration is non-cash, provide details andestimated valuation		$200,094.31
No. of securities held after change		12,695,163
Nature of changeExample: on-market trade, off-market trade, exercise ofoptions, issue of securities under dividend reinvestmentplan, participation in buy-back		On Market Trade by Mr Andrew Catsoulis and Mrs KarenEllen Catsoulis.

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.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contractin relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, providedetails and an estimated valuation	N/A
Interest after change	N/A

Part 3 – +Closed period

Were the interests in the securities or contracts detailed above	No
traded during a +closed period where prior written clearance
was required?
If so, was prior written clearance provided to allow the trade to	N/A
proceed during this period?
If prior written clearance was provided, on what date was this	N/A
provided?

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3