FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

LENKIN HARVEY 		2. Issuer Name and Ticker or Trading Symbol

PUBLIC STORAGE INC /CA [ PSA ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
President
(Last)          (First)          (Middle)

701 WESTERN AVENUE 		3. Date of Earliest Transaction (MM/DD/YYYY)

3/16/2004
(Street)

GLENDALE, CA 91201
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Transaction Date (MM/DD/YYYY) 2A. Deemed Execution Date, if any (MM/DD/YYYY) 3. Transaction Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   3/16/2004     M    3500   A $23.3125   103500   D    
Common Stock   3/16/2004     S    3500   D $47.9806   100000   D    
Common Stock   3/17/2004     M    21500   A $23.3125   121500   D    
Common Stock   3/17/2004     S    21500   D $47.7503   100000   D    
Common Stock   3/18/2004     M    2298   A $23.3125   102298   D    
Common Stock   3/18/2004     S    2298   D $48.5101   100000   D    
Common Stock   3/18/2004     M    22702   A $23.0625   122702   D    
Common Stock   3/18/2004     S    22702   D $48.5101   100000   D    
Common Stock                  473   I   By wife  
Common Stock                  777   I   By wife IRA   (1)
Common Stock                  308   I   By wife SEP IRA   (2)
Common Stock                  1278   I   By IRA   (3)
Common Stock                  1568   I   By son   (4)
Common Stock                  123.5208   (5) I   By son IRA   (5)
Common Stock                  28309.573   (6) I   By 401 (K) Plan  
Depositary Shares Representing Equity Stock                  1880   D    
Depositary Shares Representing Equity Stock                  100   I   By son   (4)
Depositary Shares Representing Equity Stock                  112   I   By wife  
Depositary Shares Representing Equity Stock                  250   I   By IRA   (3)
Depositary Shares Representing Equity Stock                  129.9145   (5) I   By IRA   (5)
Depositary Shares Representing Equity Stock                  1030.748   (6) I   By 401(K) Plan  
Depositary Shares Representing Equity Stock                  82   I   By wife IRA   (1)
Depositary Shares Representing Equity Stock                  131   I   By wife SEP IRA   (2)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YYYY) 3A. Deemed Execution Date, if any (MM/DD/YYYY) 4. Transaction Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy)   (7) $23.0625   3/18/2004     M        16000    12/13/2001   12/13/2010   Common Stock   16000   $0   0   D    
Stock Option (right to buy)   (7) $23.0625   3/18/2004     M        6702    12/13/2002   12/13/2010   Common Stock   16000   $0   9298   D    
Stock Option (right to buy)   (7) $23.0625                   12/13/2003   12/13/2010   Common Stock   16000     16000   D    
Stock Option (right to buy)   (8) $23.0625                   12/13/2001   12/13/2010   Common Stock   37333     37333   D    
Stock Option (right to buy)   (8) $23.0625                   12/13/2002   12/13/2010   Common Stock   37333     37333   D    
Stock Option (right to buy)   (8) $23.0625                   12/13/2003   12/13/2010   Common Stock   37334     37334   D    
Stock Option (right to buy)   (8) $23.3125   3/16/2004     M        631    11/12/2000   11/12/2009   Common Stock   631   $0   0   D    
Stock Option (right to buy)   (8) $23.3125   3/16/2004     M        2869    11/12/2000   11/12/2009   Common Stock   2869   $0   0   D    
Stock Option (right to buy)   (8) $23.3125   3/17/2004     M        10464    11/12/2001   11/12/2009   Common Stock   10464   $0   0   D    
Stock Option (right to buy)   (8) $23.3125   3/17/2004     M        11036    11/12/2002   11/12/2009   Common Stock   11036   $0   0   D    
Stock Option (right to buy)   (8) $23.3125   3/18/2004     M        2298    11/12/2002   11/12/2009   Common Stock   2298   $0   0   D    

Explanation of Responses:
( 1)  By a custodian of an IRA rollover for benefit of wife.
( 2)  By a custodian of a SEP IRA for benefit of wife.
( 3)  By a custodian of an IRA rollover for benefit of self.
( 4)  By wife as custodian for son.
( 5)  By custodian of an IRA for benefit of son. Includes automatic reinvestment of dividends through June 30, 2003.
( 6)  Based on plan information as of February 23, 2004.
( 7)  Stock options granted under the 1994 Stock Option and Incentive Plan.
( 8)  Stock options granted under the 1996 Stock Option and Incentive Plan.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
LENKIN HARVEY
701 WESTERN AVENUE
GLENDALE, CA 91201

President
Signatures
/s/ David Goldberg 3/18/2003
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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