Philip Dunne Joins ProLogis as Chief Operating Officer of Europe and the Middle East

Philip Dunne Joins ProLogis as Chief Operating Officer of Europe and the
Middle East

DENVER, July 23 /PRNewswire-FirstCall/ -- ProLogis (NYSE: PLD), the
world's largest owner, manager and developer of distribution facilities,
announced today that Philip Dunne has joined the company as Chief Operating
Officer, Europe and the Middle East, a new role within the company.
Mr. Dunne is the former Chief Operating Officer - EMEA at Jones Lang
LaSalle, a global financial and professional services firm specializing in
real estate services and investment management. He will assume his new role on
December 1, 2008.
Most recently, Mr. Dunne has led the deployment and execution of business
strategy across the EMEA region overseeing operations to support the business
in a period of unprecedented growth for the company and the industry as a
whole. In addition, Mr. Dunne spent five years as Chief Operating Officer for
the company's Central and Eastern Europe and Russia region, and was
instrumental in the development of those businesses while overseeing all
business support functions and infrastructure. Prior to joining Jones Lang
LaSalle's EMEA business, Mr. Dunne worked with the company's European Finance
team based in London. Mr. Dunne is an Associate of the Chartered Institute of
Management Accountants (CIMA).
"Philip's experience, energy and drive will be a strong addition to our
European leadership," said Gary E. Anderson, ProLogis president of Europe and
the Middle East. "He brings a wealth of knowledge and expertise in managing
businesses through change and will be an important addition to our management
team as we pursue our growth plans. I am delighted to have him join our team."
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 over 1,500 people
worldwide.
SOURCE ProLogis

Investor Relations, Melissa Marsden, +1-303-567-5622, mmarsden@prologis.com,
or Media, Krista Shepard, +1-303-567-5907, kshepard@prologis.com, both of
ProLogis; or Financial Media, Suzanne Dawson of Linden Alschuler & Kaplan,
Inc, +1-212-329-1420, sdawson@lakpr.com, for ProLogis