InStorage REIT Announces August 2007 Distribution

    TORONTO, Aug. 17 /CNW/ - InStorage Real Estate Investment Trust (the
"REIT") announced today that its distribution for the month of August 2007 is
$0.006041667 per REIT Unit. The distribution will be paid on September 17,
2007 to unitholders of record at the close of business on August 31, 2007.
Holders of exchangeable units of InStorage Limited Partnership will receive a
corresponding distribution.

    InStorage Real Estate Investment Trust

    The REIT is an unincorporated open-ended real estate investment trust
that invests primarily in self-storage properties and ancillary businesses
throughout Canada. The REIT is the largest owner/operator of self storage
facilities in Canada and is the country's leading self-storage industry
consolidator, with a current portfolio of 50 self-storage properties located
in Alberta, Saskatchewan, Ontario and Quebec.
    Additional information concerning the REIT may be obtained on the REIT's
website,, and on the SEDAR website at,
under the REIT's profile.

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.

For further information:

For further information: Alay Shah, CFO, (416) 867-9740 or

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