SHAREHOLDER INFORMATION | page 1 of 1

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World Headquarters
ProLogis
4545 Airport Way
Denver, CO 80239 USA
303.567.5000
800.566.2706

Annual Meeting
The Annual Meeting of Shareholders of ProLogis will be held at the company's world headquarters, identified above, at 10:30 am Mountain Time on Friday, May 9, 2008.

Shareholders
As of February 22, 2008, ProLogis had in excess of 71,500 record and beneficial common shareholders.

Independent Registered Public Accounting Firm
KPMG LLP
Denver, Colorado

Transfer Agent
Computershare
P.O. Box 43010
Providence, RI 02940-3010
800.956.3378
781.575.3120 outside the United States

Shareholder account information may also be accessed from its website at www.computershare.com.

Information Request
ProLogis' audited consolidated financial statements are available upon request. The 2007 Annual Report on Form 10-K, as filed with the Securities and Exchange Commission, and additional company materials can be obtained by calling the Investor Relations information line at 800.820.0181 or by visiting the company's website at http://ir.prologis.com and clicking on the appropriate sections of the site.

Analyst Contact:
Melissa Marsden
SVP, Investor Relations and Corporate Communications
303.567.5622
mmarsden@prologis.com

ProLogis Dividend Reinvestment and Share Purchase Plan
The ProLogis Dividend Reinvestment and Share Purchase Plan offers the opportunity to purchase common shares directly or through the reinvestment of dividends, at a 0% to 2% discount from market price, as determined by the company. Copies of the plan prospectus and enrollment forms are available from our transfer agent, Computershare, at www.computershare.com or by calling 800.956.3378.

Cumulative Total Return
Based upon an initial investment of $100 on December 31, 2002, with dividends reinvested.

	Dec 02	Dec 03	Dec 04	Dec 05	Dec 06	Dec 07
ProLogis	$100	$135	$190	$212	$284	$305
NAREIT Equity REIT Index	$100	$137	$180	$202	$273	$230
S&P© 500 Index	$100	$129	$143	$150	$173	$183

Quarterly Stock Price Ranges and Distributions
New York Stock Exchange: PLD

	2007 Stock Price			2006 Stock Price
Quarter	High	Low	Distribution	High	Low	Distribution
First	$72.08	$58.00	$0.46	$56.31	$46.29	$0.40
Second	$67.99	$55.76	$0.46	$53.85	$46.66	$0.40
Third	$66.86	$51.65	$0.46	$58.86	$52.05	$0.40
Fourth	$73.34	$59.37	$0.46	$65.81	$56.07	$0.40

Notice of Capital Gain Distribution
This notice is provided to inform the shareholders of ProLogis of the capital gain portion of distributions received during 2007 pursuant to Internal Revenue Code §857(b)(3)(C). This notice is being provided in addition to a 2007 Form 1099-DIV that has been mailed to all shareholders. The following table displays the taxability of company distributions for the year ended December 31, 2007, and designates the portion of the distributions that are capital gain distributions.

The tax treatment to shareholders of these distributions could vary depending on the shareholder's particular situation (i.e., foreign, tax-exempt, etc.). Shareholders should consult their own tax advisors regarding the treatment of these distributions.

Class of Stock	Taxable Ordinary Distributions	Long-term Capital Gains	Long-term Unrecaptured Section 1250 Gains	Return of Capital
Common	48.13%	24.24%	10.83%	16.80%
Series C Preferred	57.85%	29.14%	13.01%	0%
Series F Preferred	57.86%	29.13%	13.01%	0%
Series G Preferred	57.86%	29.13%	13.01%	0%

This 2007 Summary Annual Report, together with our audited financial statements contained in Item 15 of our accompanying Form 10-K and Items 1, 6, 7, 7A, 8 and 9 of such Form 10-K, constitute our 2007 annual report to security holders.

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