Business Services Industry

Mac Bank hops into US trust.

Australasian Business Intelligence, May, 2002

May 02, 2002 (The Australian

ABIX via COMTEX) -- The Macquarie ProLogis Trust (MPT) will be floated on the Australian Stock Exchange (ASX) in May 2001. MPT, which will own bulk distribution assets in the US and Mexico, represents a joint venture between Macquarie Bank and ProLogis. Macquarie will own four per cent of MPT, while ProLogis will own 16 per cent. Australian investors will be offered the remaining 80 per cent through a $A400 million equity raising. MPT becomes the fifth sector-specific trust to be listed by Macquarie Bank on the ASX.

Publication Date: 3 May 2002

MACQUARIE BANK LIMITED - ASX MBL: MACQUARIE PROLOGIS TRUST: PROLOGIS: AUSTRALIAN STOCK EXCHANGE LIMITED -

ASX ASX:

THE COCA-COLA COMPANY:

NIKE...

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