ProLogis.(Investor Facts)(Company Profile)

Research, January, 2005

Company Profile

ProLogis is a leading provider of distribution facilities and services with 291 million square feet (27 million square meters) in 1,972 distribution facilities owned, managed and under development in 70 markets in North America, Europe and Asia. ProLogis continues to expand the industry's first and largest global network of distribution facilities with the objective of building shareholder value. The company expects to achieve this through the ProLogis Operating System[R] and its commitment to be 'The Global Distribution Solution' for its customers, providing exceptional facilities and services to meet their expansion and reconfiguration needs.

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Since completing the acquisition of Keystone Property Trust in...

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