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StorageVault Canada Inc. Announces Results for Fiscal Year Ended December 31, 2011

STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) is pleased to announce results for the fiscal year ended December 31, 2011. Highlights for the fiscal year are presented below.

StorageVault’s annual financial statements and management’s discussion and analysis for the year ended December 31, 2011 are filed on SEDAR and available at www.sedar.com.

Highlights of the Fiscal Year:

Subsequent to the Fiscal Year end:

About StorageVault Canada Inc.

StorageVault currently owns and operates Trans Can Mini-Stor in Regina, Kenaston Self Storage in Winnipeg, B&B Mini Storage in Cambridge, and Parksville Mini Storage in the Regional District of Nanaimo. Each of these sites operates in conjunction with a high margin Canadian PUPS portable storage franchise. StorageVault also owns and operates a Canadian PUPS facility in Saskatoon as a stand-alone portable storage franchise. Additionally, StorageVault manages five self-storage facilities and two Canadian PUPS portable storage franchises in southern Ontario. StorageVault intends to continue to grow its business through the acquisition of additional self-storage properties, and organically as master franchisee through the development of Canadian PUPS portable storage facilities in Canada.

The non-IFRS measures identified in the Press Release do not have any standard meaning prescribed by International Financial Reporting Standards and therefore may not be comparable to similar measures presented by other issuers. These non-IFRS measures are more fully defined and discussed in the management discussion and analysis of StorageVault for the year ended December 31, 2011, available on the SEDAR website at www.sedar.com.

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For further information, contact:

Mr. Alan Simpson

3603 Selinger Crescent

Regina, Saskatchewan S4V 2H7

Tel: (306) 536-3771

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking information: This news release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in StorageVault’s disclosure documents on the SEDAR website at

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