LEARN.COM CLIENT EXTRA SPACE STORAGE WINS PRESTIGIOUS LEARNING LEADERS PROGRAM AWARD BASED PRIMARILY ON THEIR ROI USING LEARNCENTER

SUNRISE, FL – January 22, 2008 -- Learn.com^®, the leader in on-demand workforce development and productivity, announced today that Extra Space Storage Inc. (NYSE: EXR), the second largest operator of self-storage in the United States, and a national owner, developer, acquirer and operator of professionally managed self-storage properties, with headquarters in Salt Lake City, Utah, has been named a recipient of a 2007 Bersin & Associates Learning Leaders Program award for Operational Program Excellence.

"Winning this award is real validation for us that we are doing things to drive business results at Extra Space Storage. This solidifies the fact that the Training Department is a real business partner within our organization because we drive net business results.  Extra Space has approximately 2000 employees in 34 states with varying degrees of skills and knowledge and there is no way we could reach our entire field level population without the help of the LearnCenter platform," said Karen Langham, Vice President, Learning and Development at Extra Space Storage.

"We have recognized substantial ROI by deploying the LearnCenter platform. Our internal research shows that we save over $130,000 a year in training related labor costs alone and have decreased employee turnover by over 15% year over year. The LearnCenter platform is the key component in our training strategy. Using the LearnCenter platform, we have implemented a blended approach to training by offering both on-demand courseware and instructor-led training within one system, which combined makes our employee development programs very successful," said Langham.

"Learn.com has been a great partner and has provided us with outstanding service. Through Learn.com solutions we have experienced improved training efficiency; we’ve met regulatory compliance with OSHA and Sarbanes Oxley; implemented skills and competencies and have improved employee morale," added Langham.  

About the LearnCenter Platform
Built on Learn.com’s award-winning Learning Management System (LMS) technology, the LearnCenter platform has grown into the industry’s leading and most complete Talent Management Suite (TMS). The LearnCenter platform manages the entire pre-hire to retire lifecycle by creating a cost effective, high quality training, development and measurement environment designed to empower users with visibility into and control of their career planning while providing management with real-time business intelligence. Learning Management, Performance Management, Content Management, Online Authoring, Succession Planning, Collaboration, e-Commerce, Portal Authoring and more are included within one solution, with one interface and one partner – Learn.com.

About Extra Space Storage, Inc.
Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a fully integrated, self-administered and self-managed real estate investment trust that operates 644 self-storage properties in 33 states and Washington, D.C. The Company’s properties comprise approximately 441,000 units and 46.9 million square feet rented by approximately 323,000 individual tenants. The Company is the second largest operator of self storage in the United States.

About Learn.com
Learn.com^® is the worldwide leader in on-demand workforce development and productivity with more than 50 million end users around the globe. Our broad suite of Software as a Service (SaaS) applications can fully automate the pre-hire to retire lifecycle within any organization. Learn.com’s unwavering commitment to understanding client needs, goals and objectives allows us to partner with our clients to increase business performance. The Learn.com family of solutions includes the award-winning LearnCenter^® learning and talent management suite, the WebRoom™ Web conferencing suite, the CourseMaker Studio^® Authoring Tool, Mentor^® EPSS and the 1,000 title Learn2^®  online course library. For more information please visit www.learn.com or call 954-233-4000

Learn.com, its logo, LearnCenter, CourseMaker Studio, Mentor and Learn2 are registered trademarks of Learn.com. All other trademarks are respectfully acknowledged.