Iron Mountain Incorporated and Iron Mountain Canada Operations ULC Call 8% Notes due 2018 and 2020 and 7-1/2% Notes due 2017 for

  Iron Mountain Incorporated and Iron Mountain Canada Operations ULC Call 8%
  Notes due 2018 and 2020 and 7-1/2% Notes due 2017 for Redemption

   Complete Sale of $600 Million of 6% USD Senior Notes due 2023 and C$200
                 Million of 6-1/8% CAD Senior Notes due 2021

Business Wire

BOSTON -- August 13, 2013

Iron Mountain Incorporated (NYSE:IRM), the storage and information management
company, today announced that it successfully completed the sale of $600
million in aggregate principal amount of its 6% USD Senior Notes due 2023 and
C$200 million in aggregate principal amount of its subsidiary’s (Iron Mountain
Canada Operations ULC’s, or the “Canadian Issuer”) 6-1/8% CAD Senior Notes due
2021. The Company has also called for redemption all of the remaining $50
million in aggregate principal amount outstanding of its 8% Senior
Subordinated Notes due 2018 (the “2018 Notes”), $300 million in aggregate
principal amount outstanding of its 8% Senior Subordinated Notes due 2020 (the
“2020 Notes”) and C$175 million in aggregate principal amount outstanding of
the Canadian Issuer’s 7-1/2% CAD Senior Subordinated Notes due 2017 (the “2017
Notes”) in accordance with the Indenture governing these notes. The redemption
date for the 2018 Notes, 2020 Notes and 2017 Notes will be August 23, 2013.

The 2018 Notes will be redeemed at a redemption price of $1,026.67 for each
$1,000 principal amount of notes redeemed, plus accrued and unpaid interest to
but excluding August 23, 2013 and the 2020 Notes will be redeemed at a
redemption price of $1,040.00 for each $1,000 principal amount of notes
redeemed, plus accrued and unpaid interest to but excluding August 23, 2013.
The 2017 Notes will be redeemed at a redemption price of C$1,025.00 for each
C$1,000 principal amount of notes redeemed, plus accrued and unpaid interest
to but excluding August 23, 2013.

This announcement does not constitute a notice of redemption for any of the
2018 Notes, 2020 Notes or the 2017 Notes. The formal notices of redemption are
being provided separately in accordance with the terms of the Indenture
governing the notes.

About Iron Mountain

Iron Mountain Incorporated (NYSE: IRM) is a leading provider of storage and
information management solutions. The company’s real estate network of over 64
million square feet across more than 1,000 facilities in 35 countries allows
it to serve customers around the world. And its solutions for records
management, data backup and recovery, document management and secure shredding
help organizations to lower storage costs, comply with regulations, recover
from disaster, and better use their information for business advantage.
Founded in 1951, Iron Mountain stores and protects billions of information
assets, including business documents, backup tapes, electronic files and
medical data. Visit www.ironmountain.com for more information.

Contact:

Investor Relations contacts:
Iron Mountain Incorporated
Melissa Marsden, 617-535-8595
Senior Vice President, Investor Relations
melissa.marsden@ironmountain.com
or
Stephen P. Golden, 617-535-4766
Vice President, Investor Relations
sgolden@ironmountain.com
 
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