ProLogis Announces ENERGY STAR Partnership

- Partnership Augments ProLogis' Commitment to Sustainable Development -

DENVER, Feb. 13 /PRNewswire-FirstCall/ -- ProLogis (NYSE: PLD), the world's largest owner, manager and developer of distribution facilities, announced today that it has joined ENERGY STAR, a joint program of the U.S. Environmental Protection Agency and the U.S. Department of Energy that aims to protect the environment through energy-efficient practices and products.

As an ENERGY STAR partner, ProLogis pledges to assess its current energy consumption and operating and maintenance practices, as well as identify strategies that will continually improve energy performance enterprise-wide. In support of achieving its goals, ProLogis will gain access to ENERGY STAR's guidance for energy-efficient management tools and resources as it works to lessen its impact on the environment and overall energy expenditure.

"We are very pleased to be partnering with ENERGY STAR," said Jack Rizzo, managing director of global construction for ProLogis. "We believe we have a responsibility to build and manage high performance buildings. Today's announcement is a continuation of our ongoing sustainability efforts and a step in the right direction as we consider ways to reduce the impact of our business operations."

"We're pleased to welcome ProLogis as an ENERGY STAR partner," said Stuart Brodsky, national program manager, commercial property markets, Environmental Protection Agency. "ENERGY STAR is a conduit for property stakeholders to pursue energy-efficient practices that are good for the environment and an organization's bottom line. We look forward to working with ProLogis and to helping the company achieve a positive impact on its sustainability efforts."

ProLogis is the largest provider of industrial distribution facilities in the United States, with more than 340 million square feet owned, managed or under development.

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 508.8 million square feet (47.3 million square meters) in 2,766 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 13, 2008