BUFFALO, NY (REIT Media) July 1, 2009 -The Board of Directors of Sovran Self Storage, Inc. (NYSE:SSS), a self-storage real estate investment trust (REIT), announced today the Company’s quarterly dividend of $.45 per share of common stock. The annualized dividend of Sovran Self Storage, Inc. is $1.80 per share which, based on yesterday’s share price, equates to an annual rate of approximately 7.3%. The dividend will be paid on July 27, 2009 to Shareholders of record on July 13, 2009.

Sovran Self Storage, Inc. is a self-administered and self-managed equity REIT that is in the business of acquiring and managing self-storage facilities. The Company operates 385 self-storage facilities in twenty-four states under the name "Uncle Bob's Self Storage"^®.

Sovran Self Storage, Inc
David L. Rogers, CFO
Diane Piegza, VP Corporate Communications
716-633-1850