Real Estate Central

DENVER, June 2 /PRNewswire-FirstCall/ — ProLogis (NYSE: PLD), the
world’s largest owner, manager and developer of distribution facilities,
announced today that its Board declared a dividend in the amount of $1.0675
per Cumulative Redeemable Series C preferred share, payable on June 30,
2008, to shareholders of record on June 16, 2008. Series C preferred share
dividends are cumulative and payable quarterly at an annualized rate of
$4.27 per share.

ProLogis’ Board also declared a dividend of $0.4219 per Cumulative
Redeemable Series F preferred share, payable on June 30, 2008, to
shareholders of record on June 16, 2008. Series F preferred share dividends
are cumulative and payable quarterly at an annualized rate of $1.6875 per
share.

In addition, ProLogis’ Board declared a dividend of $0.4219 per
Cumulative Redeemable Series G preferred share, payable on June 30, 2008,
to shareholders of record on June 16, 2008. Series G preferred share
dividends are cumulative and payable quarterly at an annualized rate of
$1.6875 per share.

About ProLogis

ProLogis is the world’s largest owner, manager and developer of
distribution facilities, with operations in 121 markets across North
America, Europe and Asia. The company has $38.8 billion of assets owned,
managed and under development, comprising 526.3 million square feet (48.9
million square meters) in 2,817 properties as of March 31, 2008. 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.



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Source: Real Estate Newswire