Macquarie ProLogis Trust Unitholders Approve Cash Offer From ProLogis

- Transaction to be Implemented on July 11, 2007 -

DENVER, June 26 /PRNewswire-FirstCall/ -- ProLogis (NYSE: PLD), the world's largest owner, manager and developer of distribution facilities, announced today that the unitholders of Macquarie ProLogis Trust (ASX: MPR) have approved the proposals, as described in the Explanatory Memorandum, relating to ProLogis' tender offer for the public units of MPR.

For complete voting results of the MPR unitholder Meeting, please visit MPR's website at www.macquarie.com.au/mpr.

About ProLogis

ProLogis is the world's largest owner, manager and developer of distribution facilities, with operations in 103 markets across North America, Europe and Asia. The company has $28.6 billion of assets owned, managed and under development, comprising 436.9 million square feet (40.6 million square meters) in 2,525 properties as of March 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 1,300 people worldwide.

SOURCE ProLogis

Released June 26, 2007