ProLogis Provides Business Drivers for 2007 Guidance

DENVER, Feb. 6 /PRNewswire-FirstCall/ -- ProLogis (NYSE: PLD), the world's largest owner, manager and developer of distribution facilities, announced today the business drivers that support its range for 2007 ProLogis-defined funds from operations (FFO) of $3.80 to $4.00 per share.

To access the document, please use the link below:

http://ir.prologis.com/downloads/2007_Business_Drivers.pdf

or visit the company's website at http://ir.prologis.com under "Annual and Supplemental Reports" and click on "2007 Business Drivers."

About ProLogis

ProLogis is the world's largest owner, manager and developer of distribution facilities, with operations in 80 markets across North America, Europe and Asia. The company has $26.7 billion of assets owned, managed and under development, comprising 422.0 million square feet (39.2 million square meters) in 2,466 properties as of December 31, 2006. 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 1,250 people worldwide.

SOURCE ProLogis

Released February 6, 2007