Exhibit 32

                           SECTION 1350 CERTIFICATION

In connection with the Quarterly Report on Form 10-Q of Public Storage
Properties V, Ltd. (the "Partnership") for the quarterly period ended September
30, 2007 as filed with the Securities and Exchange Commission on the date hereof
(the "Report"), Ronald L. Havner, Jr., as Chief Executive Officer of Public
Storage, corporate general partner, and John Reyes, as Chief Financial Officer
of Public Storage, corporate general partner, each hereby certifies, pursuant to
18 U.S.C. ss.1350, as adopted pursuant to ss.906 of the Sarbanes-Oxley Act of
2002, that:

           (1) The Report fully  complies with the  requirements  of Section
               13(a) or 15(d) of the Securities Exchange Act of 1934; and

           (2) The information  contained in the Report fairly presents,  in
               all material  respects,  the  financial  condition and results of
               operations of the Partnership.

    /s/  Ronald L. Havner, Jr.
------------------------------------
Name:    Ronald L. Havner, Jr.
Title:   Chief Executive Officer of Public Storage
         Corporate General Partner
Date:    November 13, 2007



    /s/  John Reyes
-------------------------------------
Name:    John Reyes
Title:   Chief Financial Officer of Public Storage
         Corporate General Partner
Date:    November 13, 2007