NATIONAL STORAGE REIT — Director's Dealing 2018

Sep 18, 2018

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 REIT comprising National Storage Holdings Limited and National Storage Property Trust ACN 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	Laurence Ralph Brindle
Date of last notice	25 July 2016

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	Indirect
Nature of indirect interest	Through Brindle Super Pty Ltd as trustee
(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	for the Brindle Superannuation Fund. MrBrindle is a director and shareholder of
	Brindle Superannuation Pty Ltd and a
	beneficiary of the Brindle Superannuation
	Fund.
Date of change	14 September 2018
No. of securities held prior to change	1,342,120
Class	Fully paid ordinary stapled securities
Number acquired	181,368
Number disposed	Nil
Value/Consideration	$301,070.88
Note: If consideration is non-cash, provide details and estimated
valuation
No. of securities held after change	1,523,488

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change Issue of securities under the retail Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in entitlement offer announced by NSR on buy-back 29 August 2018.

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 N/ANature of interestName of registered holder(if issued securities)Date of changeNo. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changedInterest acquiredInterest disposedValue/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuationInterest after change----- End of picture text -----

Part 3 –[+] Closed period

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011