ProLogis Announces Jeffrey H. Schwartz Appointment to Emory University Board of Trustees

DENVER, Oct. 3 /PRNewswire-FirstCall/ -- ProLogis (NYSE: PLD), the world's largest owner, manager and developer of distribution facilities, announced today that its Chairman and Chief Executive Officer Jeffrey H. Schwartz has been elected to Emory University's Board of Trustees. Mr. Schwartz, an Emory University alumnus, will start his six-year term this fall.

"We are pleased to have someone of Jeff's stature, who brings experience in global business, to serve on our Board," said Ben F. Johnson III, chair of the Board of Trustees. "We look forward to Jeff's commitment and contribution to the Board of Trustees as it upholds Emory's mission to create, preserve, teach and apply knowledge in the service of humanity."

About ProLogis

ProLogis is the world's largest owner, manager and developer of distribution facilities, with operations in 132 markets across North America, Europe and Asia. The company has $40.4 billion of assets owned, managed and under development, comprising 542.3 million square feet (50.4 million square meters) in 2,884 properties as of June 30, 2008. ProLogis' customers include manufacturers, retailers, transportation companies, third-party logistics providers and other enterprises with large-scale distribution needs. Headquartered in Denver, Colorado, ProLogis employs over 1,500 people worldwide. For additional information about the company, go to http://www.prologis.com.

SOURCE ProLogis

Released October 3, 2008