NORDHAGEN ARLEN DALE
C/O NATIONAL STORAGE AFFILIATES TRUST
8400 EAST PRENTICE AVENUE, 9TH FLOOR
GREENWOOD VILLAGE, CO 80111
||represents 6.000% series a cumulative redeemable preferred shares of beneficial interest, $0.01 par value ("series a preferred shares") purchased in the open market, which were acquired by nordhagen lllp, for which the reporting person has or shares voting and/or investment power.
||the price reported in column 4 is a weighted average price. the series a preferred shares were purchased in multiple transactions on march 18 ranging from $16.60 to $18.64, inclusive. the reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the securities and exchange commission, upon request, full information regarding the number of series a preferred shares purchased at each separate price within the ranges set forth in footnotes (2) and (5).
||the reporting person's total direct and indirect beneficial ownership following each of the reported transactions is 24,000 series a preferred shares. the 24,000 series a preferred shares do not include other classes of non-derivative securities or derivative securities of the reporting person that have been reported on the reporting person's forms 3 and forms 4.
||this filing shall not be deemed to be an admission that the reporting person is the beneficial owner of any of the securities reported herein, and the reporting person disclaims beneficial ownership of such securities except to the extent of the reporting person's pecuniary interest therein.
||the price reported in column 4 is a weighted average price. the series a preferred shares were purchased in multiple transactions on march 19 ranging from $18.60 to $18.64, inclusive.