Analyst Coverage

Firm Analyst(s)	Contact
Bank of America - Neutral Mitch Germain	646-855-1794
Citigroup Global Markets - Sell Michael Bilerman	212-816-1383
Irwin Guzman	212-816-1685
Deutsche Bank - Buy Lou Taylor	212-250-4912
Kristin Brown	212-250-6799
Friedman, Billings, Ramsey Group - Outperform Paul Morgan	703-469-1255
Goldman Sachs & Co - Neutral Jay Habermann	917-343-4260
Sloan Bohlen	212-902-2796
Green Street Advisors - Hold Cedrik Lachance	949-640-8780
J.P. Morgan Securities, Inc. - Neutral Mike Mueller	212-622-6689
Joseph Dazio	212-622-6416
Lehman Brothers – Overweight Ross Smotrich	212-526-2306
Jeffrey Langbaum	212-526-0971
Merrill Lynch - Buy Steve Sakwa	212-449-0335
Chris Pike	212-449-1153
Miller Tabak - Buy Tom Mitchell	212-370-0040
RBC Capital Markets - Outperform Dave Rodgers	440-715-2647
Mike Carroll	440-715-2649
Stifel Nicolaus - Hold David Fick	443-224-1308
Joshua Barber	443-224-1347
UBS Securities – Buy Jamie Feldman	212-713-4932
Jonathan Petersen	212-713-4057
Wachovia Securities - Market Perform Chris Haley	443-263-6773
Brendan Maiorana	443-263-6516

ProLogis is followed by the analyst(s) listed above. Please note that any opinions, estimates or forecasts regarding ProLogis's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of ProLogis or its management. ProLogis does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.