ProLogis 2007 Sustainability Report

Corporate social responsibility is a core value of our company. Through our partnerships, corporate giving, community outreach, employee involvement and education, we are committed to building healthy and productive relationships with our employees, business partners and the local communities in which we do business around the world.

COMMUNITY ENGAGEMENT
ProLogis is proud to invest in the communities in which we operate. We contribute our time, our expertise and our financial support in numerous ways around the globe, all with the goal of making a positive difference to people and organizations in need. In 2007, we created a company-wide volunteer program that provides every ProLogis employee with two paid days each year to be used for community volunteer efforts.

We intend to further develop our company-wide community investment strategy in 2008 and began to measure our financial investments as a percentage of company profits in 2007.

As a part of our due diligence process, ProLogis closely examines the impact that new development will have on the environment and community. We make every effort to ensure that the public is educated on our plans by attending city council and planning meetings, listening to public feedback and working to create master-planned distribution parks that will assimilate into the community. While every project is different, some examples of our process include traffic analysis to determine if there are any required infrastructure upgrades and economic analysis to research potential job creation our project will provide, as well as the increased tax revenues for local and/or state agencies.

Sustainability at ProLogis transcends our development business; its principles are being utilized company wide. For example, at our corporate events and meetings, we no longer offer bottled water or paper, plastic or Styrofoam cups. Instead, we provide reusable cold and hot beverage containers. We also require venues to have plastic, paper and aluminum recycling, and hotels must have a linen reuse program. Finally, in order to eliminate paper distribution at tradeshows, we now provide reusable USB flash drives.

NORTH AMERICA
In 2007, 706 of our employees in 38 different North American offices took part in a variety of activities benefitting over 81 different charities and donated more than 4,700 hours of time. Some of the organizations we helped include:

19 different schools

The Humane Society

Race for the Cure

Toys for Tots

YMCA

United Way

St. Jude Childrens' Hospital

Four food banks

The Salvation Army

Junior Achievement

Two childrens' hospitals

Habitat for Humanity

Boys and Girls Clubs of America

EUROPE
We are committed to supporting local charities and non-profit organizations throughout Europe. We provide in-kind donations, monetary gifts and supplies to encourage local growth and revitalization and to engage each community's individual spirit.

Through the Park Foundation in Poland, we donated funds to upgrade equipment at the children's oncology ward at the Maria Konopnicka University Hospital - this effort was part of a nationwide initiative to support underprivileged children in the country. We also donated time and resources to: sponsor an elementary school basketball tournament where winning schools received sports equipment, support three months worth of summer events for disadvantaged children in Piotrkow, buy lunch for poor children at Warsaw schools, and create scholarships to the Higher School of Logistics in Poznan.