PUBLIC STORAGE INC /CA (Form: 4, Received: 05/07/2004 17:00:33)

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	OMB APPROVAL OMB Number: 3235-0287 Expires: January 31, 2005 Estimated average burden hours per response... 0.5
	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 ^* ANGELOFF DANN V	2. Issuer Name and Ticker or Trading Symbol PUBLIC STORAGE INC /CA [ PSA ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __ X __ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle) 727 WEST 7TH STREET, SUITE 331	3. Date of Earliest Transaction (MM/DD/YYYY) 5/6/2004
(Street) LOS ANGELES, CA 90017 (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)
1.Title of Security (Instr. 3)	2. Transaction Date (MM/DD/YYYY)	2A. Deemed Execution Date, if any (MM/DD/YYYY)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock								50500	I	As trustee ⁽¹⁾
Common Stock								6000	I	By IRA ⁽²⁾
Common Stock								2000	I	By wife
Depositary Shares Representing Equity Stock								15000	I	As trustee ⁽¹⁾

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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Stock Option (right to buy) ⁽³⁾

$43.33

5/6/2004

A ⁽⁶⁾

833

5/6/2005

5/6/2014

Common Stock

833

The Angeloff Company ⁽⁵⁾

Stock Option (right to buy) ⁽³⁾

$43.33

5/6/2004

A ⁽⁶⁾

833

5/6/2006

5/6/2014

Common Stock

833

The Angeloff Company ⁽⁵⁾

Stock Option (right to buy) ⁽³⁾

$43.33

5/6/2004

A ⁽⁶⁾

834

5/6/2007

5/6/2014

Common Stock

834

The Angeloff Company ⁽⁵⁾

Stock Option (right to buy) ⁽³⁾

$32.91

5/8/2004

5/8/2013

Common Stock

833

The Angeloff Company ⁽⁵⁾

Stock Option (right to buy) ⁽³⁾

$32.91

5/8/2005

5/8/2013

Common Stock

833

The Angeloff Company ⁽⁵⁾

Stock Option (right to buy) ⁽³⁾

$32.91

5/8/2006

5/8/2013

Common Stock

834

The Angeloff Company ⁽⁵⁾

Stock Option (right to buy) ⁽³⁾

$37.73

5/9/2003

5/9/2012

Common Stock

833

The Angeloff Company ⁽⁵⁾

Stock Option (right to buy) ⁽³⁾

$37.73

5/9/2004

5/9/2012

Common Stock

833

The Angeloff Company ⁽⁵⁾

Stock Option (right to buy) ⁽³⁾

$37.73

5/9/2005

5/9/2012

Common Stock

834

The Angeloff Company ⁽⁵⁾

Stock Option (right to buy) ⁽⁴⁾

$28.625

5/6/2000

5/6/2009

Common Stock

833

The Angeloff Company ⁽⁵⁾

Stock Option (right to buy) ⁽⁴⁾

$28.625

5/6/2001

5/6/2009

Common Stock

833

The Angeloff Company ⁽⁵⁾

Stock Option (right to buy) ⁽⁴⁾

$28.625

5/6/2002

5/6/2009

Common Stock

834

The Angeloff Company ⁽⁵⁾

Stock Option (right to buy) ⁽⁴⁾

$27.6875

11/4/1999

11/4/2008

Common Stock

833

The Angeloff Company ⁽⁵⁾

Stock Option (right to buy) ⁽⁴⁾

$27.6875

11/4/2000

11/4/2008

Common Stock

833

The Angeloff Company ⁽⁵⁾

Stock Option (right to buy) ⁽⁴⁾

$27.6875

11/4/2001

11/4/2008

Common Stock

834

The Angeloff Company ⁽⁵⁾

Explanation of Responses:
( 1)	By Dann V. Angeloff, trustee of the Angeloff Family LP.
( 2)	By Donaldson, Lufkin & Jenrette as custodian of an IRA Rollover for benefit of self.
( 3)	Stock Options granted pursuant to the 2001 Stock Option and Incentive Plan.
( 4)	Stock Options granted pursuant to the 1996 Stock Option and Incentive Plan.
( 5)	By The Angeloff Company, a corporation wholly owned by the reporting person.
( 6)	Grant to reporting person to purchase 2,500 shares of Common Stock under the 2001 Stock Option and Incentive Plan. Option becomes exercisable in one-third increments on May 6, 2005, May 6, 2006 and May 6, 2007.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
ANGELOFF DANN V 727 WEST 7TH STREET SUITE 331 LOS ANGELES, CA 90017	X

Signatures
/s/ David Goldberg, Attorney in Fact		5/7/2004
^** 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).
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