Launch of ProLogis European Properties (PEPR) Initial Public Offering.

PR Newswire Europe, September, 2006

LUXEMBOURG, September 11 /PRNewswire/ --

- NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION INTO OR IN THE UNITED STATES

LUXEMBOURG, September 11 /PRNewswire/ --

Neither this announcement nor any accompanying announcement is an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration. The securities which would be issued in an initial public offering have not been and will not be registered under the U.S. Securities Act of 1933 (the securities act), or the securities act of any state or other jurisdiction of the United States and any securities issued as part of an initial public offering may not be offered or sold within the United...

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