2010 Corporate
Responsibility Summary

2PROLOGISExecutive
introduction

In 2007, we established a goal ofinstalling 25 megawatts of renewableenergy capacity in our portfolio by theend of 2010. Not only did we exceed thisgoal in 2010, but we also have another25 megawatts of renewable energy
capacity currently in development.

We have been through several
extraordinary years at ProLogis, from aperiod of significant challenge in the
midst of the global recession to ourrecent agreement to merge with AMB
Property Corporation. Yet throughout
our twenty years in business, we havenot lost sight of the fundamental
principle on which this company isbased: that we can create exceptional
value by focusing on service and forging
meaningful partnerships.
Corporate responsibility at ProLogis
is simply the acknowledgementthat building lasting and valuable
partnerships applies to all of our
stakeholders – from the businesses that
we serve to the individuals who makeup our company and communities. Ourcommitment to corporate responsibility
is fundamental to the way we define
success, and it will continue to guide ouractions into the future.
This ongoing commitment wasexemplified in 2010 through steady
improvement in our environmental
performance and progress in ourpartnerships with communities,
associates and suppliers.

In 2010, we developed a framework forour community engagement activities,
which included the creation of guidelines
for a variety of community engagement
programs. We expanded our Employee
Volunteer Program so that all employees
now receive 4 days per year to volunteer
in their local communities. To support
the organizations our employees
personally care about, we expanded ourMatching Gift Program and developed a
new Dollars for Doers program, both ofwhich rolled out in early 2011.
Our efforts have not gone unnoticed.
Recognizing the importance ProLogis
places on its Corporate Responsibility
efforts, we were once again listed in
the Carbon Disclosure Leadership Index
and the Dow Jones Sustainability Index(World and North America), as well
as several other socially responsible
investment indexes.
As we close this chapter of ProLogis’
history and open the next, we see
opportunities to extend our global reachand enhance the service afforded to ourcustomers through the synergies withAMB. But along with those opportunities
comes the greater responsibility
as a global leader in real estate to
demonstrate stewardship, compassion,
forethought and prudent governance. Our
desire is to continue to make corporate
responsibility the hallmark of our industry
leadership and the means by which wemeasure true success as a company. We
look forward to building a future that isbetter for all our stakeholders because of
our partnership with and service to them.
Walter C. Rakowich
Chief Executive Officer

2010 CORPORATE RESPONSIBILITY SUMMARY

About this report
This report documents ProLogis’
corporate responsibility
commitment and performancefor the 2010 calendar year. The
presented data are collectedfrom our global operations except
where noted and do not include
performance data from jointventures, customers or suppliers.
ProLogis reports on corporate

responsibility efforts annually, andour last report was released in
the spring of 2010 for the 2009
calendar year. As of publication,
there have been no re-statements
of information provided inprevious corporate responsibilityrelated disclosures.
In light of the merger between
ProLogis and AMB Property
Corporation, we have focused
this summary report solely on2010 performance. Forwardlooking statements, strategicobjectives and performancetargets from previous years,
as well as information on ourorganizational profile, can befound at www.prologis.com.
We invite our stakeholders tolook for additional corporate
responsibility information for themerged company over the courseof 2011.

At ProLogis, we takecorporate responsibility
seriously. Whether
we’re reducing
our environmental
footprint, enriching ourcommunities throughemployee involvement
or upholding highethical standards inour business, every
endeavor we undertakeis an opportunity to leadby example as a global
corporate citizen.
We want ProLogis to be known as oneof the most responsible companies
in our industry. That’s an ongoingchallenge that makes us grateful for,but never satisfied with, ourcontinual progress.
Jack Rizzo
Chief Sustainability Officer

3

4PROLOGIS

an industry leader
Environmental Asin environmental
we see it as
stewardship stewardship,
our duty to address two
major global challenges
confronting humankind:climate change
and overburdened
ecosystems.
Our objectives:
Minimize carbon emissions
for our customers by providing
energy-efficient buildings and ageographically diverse platform thatminimizes fuel consumption.
Minimize the ecological impactof our developments by meetingor exceeding local or regionalsustainable development
standards worldwide.
Minimize the impact of our own
operations by engaging associates
in every office to reduce ourenvironmental footprint in areas
such as energy, waste, procurement
and water.

2010 CORPORATE RESPONSIBILITY SUMMARY

30M

At the end of 2010, ProLogis had 64 buildings registeredor certified with green building rating systems worldwide,
totaling over 30 million square feet. These rating systems include
the U.S. Green Building Council’s LEED® (Leadership in Energy
and Environmental Design) program, BREEAM (Building Research
Establishment’s Environmental Assessment Method) in the U.K.
and CASBEE (Comprehensive Assessment System for Built
Environment Efficiency) in Japan.

51M

We are focused on improving the energy efficiency of theexisting facilities in our portfolio. As of the end of 2010,high-efficiency lighting had been installed in over 51 million square
feet of warehouse space.

In 2010, ProLogis Parc Ichikawa I(shown) achieved a Class S ranking,the highest possible ranking under theCASBEE system. Sustainable featuresat this property include a precastconcrete seismic isolation system, arainwater recycling system and solarpowered outdoor lighting.

56PROLOGISMay 2010, ProLogis
Addressing Inlaunched
a new Rooftop
Test Site inclimate change Photovoltaic
Denver, Colorado, to test
solar panel technologies.
The test site totals 11 kWp DC
of power generation capacity from
99 modules and eight different
module manufacturers.
The initial configuration provides
side-by-side comparisons of several
module technologies, includingmonocrystalline, cylindrical thinfilm, glass-on-glass thin film andmembrane-applied thin film modules.

2010 CORPORATE RESPONSIBILITY SUMMARY

30 MW

At the end of the year, we had completed theinstallation of solar panels on rooftops of 34 of
our buildings worldwide, for a combined total of over 30 megawattsof solar energy capacity. That is enough energy to power 2,700 U.S.
houses for a year. These installations, covering approximately 11
million square feet, occupy less than three percent of our existing
rooftops; the potential for new projects is enormous.

ProLogis Park Jennifer #1-3 inPortland, Oregon USA, hosts a 976 kW
photovoltaic installation on 362,700
square feet using building-integrated
thin-film solar panels, completedin 2010.

ProLogis continues to work with theChicago Climate Exchange (CCX), theworld’s first voluntary, legally binding
greenhouse gas emissions reduction,registry and trading program. As an
Associate Member in CCX, we havecommitted to annually measuring andoffsetting 100 percent of our U.S.
operational carbon footprint. We havetaken our commitment to the nextlevel by measuring and offsetting 100
percent of our global operational carbon
footprint. In 2010 this amounted to10,253 metric tons CO2 equivalent.

78PROLOGIS

Social responsibility
At ProLogis, social
responsibility means
setting expectations ofexcellence in how weinteract with our associates,suppliers and localcommunities.

Associates from the ProLogis Global
Investment Management department
construct a home during a volunteer
day at Habitat for Humanity of Metro
Denver, July 29, 2010.

Our objectives:
Engage with our associates to provide a challenging, dynamic and diverse work
environment that supports their professional development.
Engage with our suppliers to discuss and address relevant social issues
pertaining to the health, safety and welfare of those working in our supply chain.
Engage with our communities to support initiatives that improve education andhuman welfare where there is need.

2010 CORPORATE RESPONSIBILITY SUMMARY

5,300

ProLogis associates
volunteered 5,300
hours in their local communities
in 2010, supporting organizations
such as Junior Achievement,
Habitat for Humanity and Ronald
McDonald House.

ProLogis’ Space For Good programprovides warehouse space to nonprofit
and charity organizations for free or at a
reduced rental rate. The program enables
ProLogis to leverage its assets and further
its commitment to being a good corporate
citizen. During 2010, ProLogis donatedapproximately 646,000 square feet ofspace to 20 nonprofit organizations,
including Boy Scouts of America, Project
C.U.R.E. and Toys for Tots.

$1.4M

ProLogis andits associates
donated more than $1.4 million
in cash and in-kind donations tononprofit organizations in 2010.

To aid in the relief efforts following thedevastating earthquake and tsunami inJapan in early 2011, ProLogis signeda Space for Good lease with a major
Japanese third-party logistics provider.
That company is helping local relief
organizations by receiving and delivering
supplies and used the ProLogis space as
temporary storage for emergency supplies.
Additionally, the ProLogis Foundation andProLogis associates made contributions
to Mercy Corps and Japanese Red Cross
Society to assist with the relief efforts.

910PROLOGISEngaging our stakeholders

To develop a true culture of corporate responsibility
and give associates the opportunity to participate in ourefforts, ProLogis created the Corporate Responsibility
Champion network.
These individuals have volunteered to serve as the point-of-contact between
headquarters and their office for all corporate responsibility matters. Participating
in quarterly conference calls provides a framework for regular communication,education, and data sharing among our offices. In 2010, the group’s focus wason minimizing each individual field office’s impact on the environment andcontributing to the local communities in which we operate.

2010 CORPORATE RESPONSIBILITY SUMMARY

In 2010, ProLogis held two Customer
Advisory Board meetings in North America
and one in Europe. In these meetings,
we gathered feedback from key global
customers regarding industry trends
affecting their business and how we canserve them better, including how we canimprove customer communications andour approach to showing and promoting
our properties.

Walt Rakowich, CEO, discusses
ProLogis’ philosophy of corporate
responsibility with stakeholders at
the University of Denver’s “Voices ofExperience” Series, April 19, 2010.

ProLogis conducted an Investor
Perception Survey in 2010 in order
to assess our strengths, weaknesses,client services and investor attitudes.
Upon review of the survey results, weimplemented a plan that will improve
communication with and quality ofservice to our clients.

11

ProLogis is the leading global provider ofdistribution facilities, with operations inmarkets all across North America, Europeand Asia. The company has over $32
billion of assets owned, managed andunder construction, comprising more than
435 million square feet (40 million squaremeters) in more than 2,200 facilities
worldwide. ProLogis’ customers include

manufacturers, retailers, transportationcompanies, third-party logistics providers
and other enterprises with large-scale
distribution needs. Headquartered in
Denver, Colorado USA, ProLogis is amember of the S&P 500 and is publicly
traded on the New York Stock Exchange
under the ticker “PLD.”

ProLogis Global Headquarters
4545 Airport Way
Denver, Colorado 80239
USA+1 303-567-5000
800-566-2706
info@prologis.com

www.prologis.com/cr