- Total Revenues are $2.86 per
diluted share, compared to $94 million, or $0 . Included in net income for the year ended December 31, 2004,
is $8 million, or $0.
Operating income for the fourth quarter of 2005 was $97 million, or 18% of
revenues, compared to $87 million , or 18% of revenues, for 2004.87
Cumulative Effect
of Change in
Accounting Principle,
Net of Tax Benefit -- (0.

medallists jam

00.
Seats are limited and restrictions do apply. For the quarter, storage and service revenue internal
growth rates were 10% and 9%, respectively , yielding a total internal revenue
growth rate of 9%.

sco 1974

The largest airline in The People's Republic of China for the past
13 years, China Southern Airlines -- www.23 $ 0.
Following is a reconciliation of operating income before depreciation and
amortization to operating income and net income (in millions):

Three Months Ended Full Year Ended
December 31, December,
2004 2005 2004 2005

OIBDA (Operating Income Before
Depreciation and Amortization) (1) $131 $149 $508 $574
Less: Depreciation and Amortization 44 52 164 187

Operating Income (1) $87 $97 $344 $387

Less: Interest Expense, net 45 46 186 184
Other (Income) Expense, net (12) 3 (8) 6
Provision for Income Taxes 23 18 70 81
Minority Interest 1 1 3 2
Cumulative Effect of
Change in Accounting Principle -- 3 -- 3

Net Income (1) $30 $26 $94 $111

Major Components of Other (Income)
Expense, net:
Foreign Exchange Effects $(11) $3 $(9) $7

(1) Columns may not foot due to rounding.

wal cardiff

This marks the 68th consecutive quarter for which the Company has
reported increased storage revenues. The total core storage and services revenue
internal growth rate was 8% for the year. These losses were due primarily to the weakening of the
British Pound Sterling and the Euro partially offset by a strengthening of the
Canadian Dollar.23 $ 0. Today, the scientific staffing
division of Kelly Services currently employs more than 400 clinical research
professionals and 4,500 scientists.

1974 cgf

We still
have a lot of work ahead of us but the opportunity set remains strong and we
are well positioned to take advantage of those opportunities.
Also included in net income for the quarter ended December 31, 2005, is $3
million, or $0.com.

NOTE: Condensed Consolidated Financial Statements of Iron Mountain
Incorporated follow

Iron Mountain Incorporated
Condensed Consolidated Statements of Operations
(Amounts in Thousands except Per Share Data)
(Unaudited)

Three Months Ended Twelve Months Ended
December 31, December 31,
2004 2005 2004 2005
Revenues:
Storage $275,134 $307,746 $1,043,366 $1,181,551
Service and Storage
Material Sales 203,793 230,609 774,223 896,604

Total Revenues 478,927 538,355 1,817,589 2,078,155

Operating Expenses:
Cost of Sales
(Excluding
Depreciation) 214,965 242,109 823,899 938,239
Selling, General and
Administrative 132,790 151,600 486,246 569,695
Depreciation and
Amortization 43,717 51,933 163,629 186,922
Loss (Gain) on
Disposal / Writedown
of Property , Plant
and Equipment, Net 579 (4,091) (681) (3,485)

Total Operating
Expenses 392,051 441,551 1,473,093 1,691,371

Operating Income 86,876 96,804 344,496 386,784

Interest Expense , Net 45,318 46,248 185,749 183,584
Other (Income)
Expense, Net (12,224) 3,115 (7,988) 6,182

Income Before
Provision for
Income Taxes and
Minority Interest 53,782 47,441 166,735 197,018

Provision for
Income Taxes 22,906 17,745 69,574 81,484
Minority Interest in
Earnings of Subsidiaries 989 582 2 ,970 1,684

Income Before
Cumulative Effect
of Change in
Accounting
Principle 29,887 29,114 94,191 113,850

Cumulative Effect of
Change in Accounting
Principle, net of
tax benefit -- 2,751 -- 2,751

Net Income $29,887 $26,363 $94,191 $111,099

Net Income Per Share - Basic:
Income Before
Cumulative Effect
of Change in Accounting
Principle $ 0 . "And we're able to provide
our services with the same level of consistency and quality, whether the
customer is located in San Francisco or Singapore. Kelly
Scientific Resources leads the world in dedicated scientific and clinical
research staffing, maintaining more than 100 company-owned and operated
offices in 16 countries throughout North America, Europe, and the Pacific Rim.

1962 kuala

86 per Diluted Share

BOSTON, Iron Mountain Incorporated
(NYSE: IRM), the global leader in information protection and storage services,
today announced its financial results for the quarter and full year ended
December 31, 2005, reporting higher revenues, operating income and OIBDA. Net
income for the year was $0. Eastern Time.ironmountain.72 $ 0."
Within the first five years of operation , Kelly Scientific Resources
opened nearly 50 U.S.

auckland 1934

For the year ended December 31, 2005, the storage and service revenue
internal growth rates were 9% and 7%, respectively, yielding a total internal
revenue growth rate of 8%.
Effective December 31, 2005, the Company adopted the provisions of FASB
Interpretation Number 47, "Accounting for Conditional Asset Retirement
Obligations ("ARO"), an interpretation of FASB Statement No.6% of revenues, for the quarter ended
December 31 , 2005 compared to $131 million, or 27.84

Weighted Average
Common Shares
Outstanding - Basic 129,532 131,317 129,083 130,659
Weighted Average
Common Shares
Outstanding -
Diluted 131,537 133,008 131,176 132,070

Operating Income
before Depreciation
and Amortization $130,593 $148,737 $ 508,125 $573,706

Iron Mountain Incorporated
Condensed Consolidated Balance Sheets
(Amounts in Thousands )
(Unaudited)

December 31, December 31,
2004 2005
ASSETS

Current Assets:
Cash and Cash Equivalents $31,942 $53,413
Accounts Receivable (less allowances of $13,886
and $14,522, respectively) 354,434 408,564
Other Current Assets 114,778 92,191
Total Current Assets 501,154 554,168

Property, Plant and Equipment:
Property, Plant and Equipment at Cost 2,266,839 2,556,880
Less: Accumulated Depreciation (617,043) (775,614)
Property, Plant and Equipment, net 1,649,796 1,781,266

Other Assets:
Goodwill, net 2,040,217 2,138,641
Other Non-current Assets, net 251,220 292,065
Total Other Assets 2,291,437 2,430,706

Total Assets $4,442,387 $4,766,140

LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities:
Current Portion of Long-term Debt $39,435 $25,905
Other Current Liabilities 476,028 566,091
Total Current Liabilities 515,463 591,996

Long-term Debt, Net of Current Portion 2,438,587 2,503,526
Other Long-term Liabilities 256,724 294,622

Minority Interests 13,045 5,867

Stockholders' Equity 1,218,568 1,370,129

Total Liabilities and Stockholders' Equity $4,442,387 $4,766,140

APPENDIX A

Operating Income Before Depreciation and Amortization
The Company uses Operating Income Before Depreciation and Amortization
("OIBDA"), an integral part of its planning and reporting systems, to evaluate
the operating performance of the consolidated business.

councils lumpur

We also did very
well against our strategic agenda in the fourth quarter with the acquisitions
of Pickfords, a premier records management business with excellent national
footprints in Australia and New Zealand; Secure Destruction Services, the only
national provider of shredding services in the UK; and LiveVault, the leading
provider of disk-based online server backup and recovery solutions. This charge reduced earnings by $0. In 2005, the Company completed 16
acquisitions for approximately $184 million in cash and the purchase of
minority interests in three of our Latin American subsidiaries for total
consideration of approximately $20 million in cash. A slide presentation providing
summary financial and statistical information that will be discussed on the
conference call will also be posted to the website and available for real-time
viewing. These
statements involve known and unknown risks , uncertainties and other factors
that may cause the actual results to be materially different from those
contemplated in the forward-looking statements.22 $ 0.02) -- (0. As such, the Company
believes OIBDA provides current and potential investors with relevant and
useful information regarding its ability to grow revenues faster than
operating expenses.

Venues
1930 Hamilton (CAN), 1934 London (ENG), 1938 Sydney (AUS), 1950 Auckland (NZL), 1954 Vancouver (CAN), 1958 Cardiff (WAL), 1962 Perth (AUS), 1966 Kingston (JAM), 1970 Edinburgh (SCO), 1974 Christchurch (NZL) , 1978 Edmonton (CAN), 1982 Brisbane (AUS), 1986 Edinburgh (SCO), 1990 Auckland (NZL), 1994 Victoria (CAN), 1998 Kuala Lumpur (MAS), 2002 Manchester (ENG), 2006 Melbourne (AUS)

1930 1974

" This
requires us to record a liability for the present value of the estimated
future costs of preparing a facility for exit based on contractual obligations
contained in the lease.m. In order to further enhance the
overall quality of its investor communications, the Company will simulcast the
conference call on its website at http://www. OIBDA is not a measurement of financial performance under accounting
principles generally accepted in the United States, or GAAP, and should not be
considered as a substitute for operating or net income or cash flows from
operating activities (as determined in accordance with GAAP).

1958 1962

Storage revenues, which are considered a key performance
indicator for the records management and data protection services industry,
are largely recurring since customers typically retain their records for many
years. The comparable amount
for the fourth quarter of 2004 is $12 million, or $0.kellyscientific.

1958 1938

1 Billion, Up 14%

- Operating Income is $387 Million

- OIBDA is $574 Million; 27.
In line with its strategy, Iron Mountain acquires attractive businesses
that provide a strong platform for future growth by expanding the Company's
geographic footprint and information protection and storage service offerings
while enhancing its existing operations .3% of revenues, for the
quarter ended December 31, 2004. The slide presentation and replays of the conference call will be
available on the website for future reference. For more information, visit
http://www.86
Cumulative Effect
of Change in
Accounting Principle ,
Net of Tax Benefit -- (0.
Since its launch in 1995, Kelly Scientific Resources has quickly become a
global resource, with the ability to attract high-level talent and place
qualified candidates anywhere in the world."
Unique achievements of Kelly Scientific Resources in the last decade
include:

* In 2001, acquired Search Masters International , a scientific and
executive search firm with an industry focus on the biotechnology and
pharmaceutical fields.

2006 kuala

In addition, passengers connecting from San Francisco can get free
round-trip Economy Class air travel to LAX, courtesy of China
Southern.

Iron Mountain Incorporated Reports 2005 Financial Results

For the year, storage revenues grew 13% and service
revenues grew 16% compared to 2004 .73 $ 0.

Contact: Stephen P.
"If a customer is in need of a scientific professional in just about any
major location in the world, we can deliver," said Chris Jock, vice president
and general manager of Kelly Scientific Resources. branch locations and 20 international offices.

councils edinburgh

During this May 1 - October 9 promotional period, China Southern
is also offering a special fare from Beijing to Hong Kong (one-way)
for only $100. All per share amounts have been adjusted to reflect the
three-for-two stock split, effected in the form of a dividend, paid on June
30 , 2004.ironmountain.20 $ 0.72 $ 0. Golden
Director of Investor Relations
(617) 535-4799

edinburgh 1930

Business Editors/Travel Editors

GUANGZHOU , China----China Southern
Airlines (NYSE:ZNH) (HKSE:1055) (SHA:600029) -- www. Major business and vacation
destinations served in China include: Beijing, Chengdu, Guangzhou,
Guilin, Hong Kong , Kunming, Shanghai, Shenzhen and Wuhan, as well as
international service, including: Amsterdam, Bangkok , Fukuoka, Hanoi,
Ho Chi Minh City, Islamabad, Kuala Lumpur, Jakarta, Los Angeles,
Manila, Melbourne , Moscow, Osaka, Paris, Penang, Phnom Penh, Seoul,
Singapore, Sydney and Tokyo.

christchurch kuala

cs-air. Going forward , the accretion
of the associated liability will be recorded as a component of depreciation
expense .
For the quarter ended December 31, 2005, the Company reported total
consolidated revenues of $538 million, an increase of 12%, with storage
revenues growing at 12% and service revenues growing at 13% compared to the
same period in 2004.23 per diluted share, for the same period in 2004.05 per diluted share, of
other income, net comprised almost entirely of foreign currency related net
gains .
Forward-looking statements include our first quarter and full year 2006
financial performance outlook and statements regarding our goals, beliefs,
future growth strategies, objectives, plans or current expectations.85

Net Income Per Share - Diluted:
Income Before
Cumulative Effect of
Change in
Accounting
Principle $0. With the
largest global footprint of any other scientific staffing provider, Kelly
Scientific is poised to service the worldwide staffing needs of its multi-
national customers.
* In 2000, established the Kelly Scientific Future Scientists Program,
which places more than 300 students yearly at major chemical, pharmaceutical,
and biotech companies across North America.

eng auckland

6% of revenues , for the year ended December 31, 2005 compared
to $508 million, or 28.
The most significant acquisitions completed in 2005 include: (i) the
Australian and New Zealand operations of Pickfords Records Management, a
premier records management company based in Melbourne, Australia, with
operations in all of Australia's capital cities (Adelaide, Brisbane, Canberra,
Darwin, Hobart, Melbourne, Perth and Sydney) and all the major business
centers in New Zealand (Auckland, Wellington, Hamilton and Christchurch); and
(ii) LiveVault, a leading provider of disk-based online server backup and
recovery solutions.
OIBDA was $149 million, or 27. Iron Mountain offers records management
services for both physical and digital media, disaster recovery support
services, and consulting - services that help businesses save money and manage
risks associated with legal and regulatory compliance , protection of vital
information, and business continuity challenges.02)
Net Income Per
Share - Basic $ 0.73 $ 0.02) -- (0.02)
Net Income Per Share -
Diluted $0.
* In 1999, entered the Australian market through the acquisition of
Labstaff, the longest-established scientific staffing company in Australia.
For more information , visit http://www.

1930 1938

Available for the limited time of May 1 through October 9,
passengers traveling in either Premium Business or Premium Economy and
originating from Los Angeles International Airport -- will receive a
free round-trip, Economy class ticket from Baiyun International
Airport in Guangzhou to Hong Kong, Beijing, Shanghai, Ho Chi Minh
City, Phnom Penh or Bangkok. For the fourth quarter of 2005, storage
revenues grew to $308 million, an increase of 12% compared to the fourth
quarter of 2004.com, the content of
which is not part of this earnings release.

About Iron Mountain
Iron Mountain Incorporated is the global leader in information protection
and storage services .

Certain Important Factors

This press release contains certain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995 and federal
securities laws, and is subject to the safe-harbor created by such Act.23 $ 0. Keeping pace with the worldwide staffing needs of multi-national customers

TROY, Mich .

eng lumpur

com/en --
the largest airline in The People's Republic of China is offering free
airline tickets.
Richard Reese, the Company's Chairman and CEO, stated, "Our business has
performed very well throughout 2005 and the fourth quarter was no exception.
We exceeded our revenue and OIBDA targets and our internal revenue growth
rates were at or above the top of our forecasted ranges.

Net income
before Cumulative Effect of Change in Accounting Principle for the quarter was
$29 million, or $0. Such factors include, but are
not limited to: (i) changes in customer preferences and demand for the
Company's services; (ii) changes in the price for the Company's services
relative to the cost of providing such services; (iii) in the various digital
businesses in which the Company is engaged, capital and technical requirements
will be beyond the Company's means, markets for the Company's services will be
less robust than anticipated, or competition will be more intense than
anticipated; (iv) the Company's ability or inability to complete acquisitions
on satisfactory terms and to integrate acquired companies efficiently; (v) the
cost and availability of financing for contemplated growth; (vi) business
partners upon which the Company depends for technical assistance or management
and acquisition expertise outside the United States will not perform as
anticipated; (vii) changes in the political and economic environments in the
countries in which the Company's international subsidiaries operate; and
(viii) other trends in competitive or economic conditions affecting Iron
Mountain's financial condition or results of operations not presently
contemplated .22 $0.

2006 1950

For additional information, please
call your local travel agent or China Southern Airlines ' Los Angeles
office at 888-338-8988.6% of Revenues

- Net Income Before Cumulative Effect of Change in Accounting Principle is
$0.84 per diluted share.0% of revenues, for the year ended December 31, 2004., the largest shredding
business in the UK. Secure Destruction is based in London with seven
operating centers and more than 200 employees located throughout the UK.22 per diluted share, for 2005, compared to $30 million, or
$0.

Kelly Scientific Resources Celebrates 10 Years of Staffing Success

About Kelly Scientific Resources
Kelly Scientific Resources is a highly specialized and rapidly expanding
business unit of global staffing provider, Kelly Services , Inc.

commonwealth edinburgh

"
Operating income before depreciation and amortization ("OIBDA") was $574
million, or 27. These statements are
forward-looking, and actual results may differ materially. Iron Mountain undertakes no obligation to release publicly the
result of any revision to these forward-looking statements that may be made to
reflect events or circumstances after the date hereof or to reflect the
occurrence of unanticipated events., What began a decade ago as
one small branch in San Francisco servicing a handful of local customers, has
since developed into a world leading scientific and clinical research staffing
company with more than 100 locations in 16 countries. "This makes us a very focused scientific
staffing provider, a consultant who can go into companies and advise where to
best set up new operations or what the cost implications are for doing this
business in a certain country .com .

1954 councils

Iron Mountain's total consolidated revenues for the year ended December
31, 2005 grew to $2,078 million, an increase of 14% compared to the year ended
December 31, 2004.
Operating income for 2005 was $387 million, or 19% of revenues, compared
to $344 million, or 19% of revenues , for 2004. 143. The Company undertakes no obligation to update this information
(dollars in millions ):

Full Year Ending December 31, 2006
Quarter Ending
March 31, 2006 Previous Current
Low High Low High Low High
Revenues $550 $560 $2,240 $2,310 $2,240 $2,310
Operating Income 91 96 407 423 404 420
Depreciation +
Amortization ~51 203 207 206 210

Capital Expenditures 300 355 300 355

Iron Mountain's conference call to discuss the 2005 financial results will
be held today at 11:00 a.
"There's no other company or government body interviewing 20 ,000
scientists a year," said Jock.

cgf sco

03 per diluted
share, of other expense, net comprised almost exclusively of foreign currency
related net losses.20 $0. Additionally, the Company uses multiples of current and
projected OIBDA in conjunction with its discounted cash flow models to
determine its overall enterprise valuation and to evaluate acquisition
targets.
Kelly Scientific Resources is now Australia's largest scientific staffing
company with offices in Brisbane, Sydney, Melbourne , Adelaide, and Perth.

jam 1934

cs-air. This promotion is
available in North America only.
See Appendix A at the end of this press release for a discussion of OIBDA and
the required reconciliation to the appropriate GAAP measures. This relates primarily to the removal of vaults and
shredding pits. As a result, a non-cash charge of $3 million, net of tax, was
recorded in the fourth quarter of 2005 as a Cumulative Effect of Change in
Accounting Principle.04 per diluted share, of other income, net comprised
primarily of foreign currency related net gains, due primarily to the
strengthening of the British Pound Sterling and the Canadian Dollar. Founded in 1951, the Company has grown to service more
than 275,000 customer accounts throughout the United States, Canada, Europe,
Latin America and the Pacific Rim.23 $ 0.
* In 1998, Kelly was the first staffing company to launch an interactive,
web-based training product, The Kelly Scientific Learning Center(TM), which
offers more than 1,200 scientific and continuing education courses to
professionals in today's workforce .

councils auckland

Free Airline Tickets Available on China Southern!; China's Largest Airline Announces Exciting New Super Summer Schedule Promotion

Net income before Cumulative
Change in Accounting Principle for the year was $114 million, or $0.72 per diluted share, for the
same period in 2004.02 per diluted share
for both the fourth quarter and full year 2005.
Also included in net income for 2005 is $6 million, or $0.

Financial Performance Outlook

The following statements are based on current expectations and do not
include the potential impact of any future acquisitions.

cgf 1930

com/en -- connects
more than 80 cities around the globe. Completed after the end of their fiscal year and not
included in our 2005 results of operations is Iron Mountain Europe's
acquisition of Secure Destruction Services Ltd.01 per diluted share, of other expense, net comprised primarily
of foreign currency related net losses due to the weakening of the British
Pound Sterling and the Euro since September 30, 2005. Please refer to
the cautionary language included in this press release when considering this
information.