ProLogis to Participate in Citigroup's 2008 Global Property CEO Conference

DENVER, Feb. 29 /PRNewswire-FirstCall/ -- ProLogis (NYSE: PLD), the world's largest owner, manager and developer of distribution facilities, announced today that it is participating in Citigroup's 2008 Global Property CEO Conference being held at The Breakers, Palm Beach, Florida, on March 3-5, 2008. Jeffrey H. Schwartz, chief executive officer for ProLogis, will participate in a roundtable discussion on the company at 10:25 am Eastern Time on Monday, March 3, 2008. You may listen to this discussion live by dialing (719) 234-7878 and using the passcode 394890.

A copy of the presentation used in one-on-one meetings during the conference may be accessed in the "Presentations & Webcasts" section of the ProLogis Investor Relations website at http://ir.prologis.com.

About ProLogis

ProLogis is the world's largest owner, manager and developer of distribution facilities, with operations in 118 markets across North America, Europe and Asia. The company has $36.3 billion of assets owned, managed and under development, comprising 510.2 million square feet (47.4 million square meters) in 2,773 properties as of December 31, 2007. 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 more than 1,500 people worldwide. For additional information about the company, go to http://www.prologis.com.

SOURCE ProLogis

Released February 29, 2008