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04/10/2010

ProLogis European Properties (Euronext: PEPR), one of Europe’s largest owners of modern distribution facilities, announced today that the purchase of €100,000 of PEPR units has been completed. A total of 22,805 PEPR units were purchased at an average price of €4.385 per unit.  The highest price paid per unit was €4.392 and the lowest price was €4.370.

-Ends-

For further information, please contact:

Investor relations
Jennifer Crooke
+44 207 518 8708
jcrooke@prologis.com

Media
M:Communications
Ed Orlebar / Charlotte McMullen
+44 20 7920 2323 or 7920 2349
orlebar@mcomgroup.com / mcmullen@mcomgroup.com

About ProLogis European Properties (PEPR)
ProLogis European Properties, or PEPR, is one of the largest pan-European owners of high quality distribution and logistics facilities. PEPR was established in 1999 as a closed-end, real estate investment fund, externally managed by a subsidiary of ProLogis (NYSE: PLD), a leading global provider of industrial distribution facilities. In September 2006, PEPR was listed on Euronext Amsterdam.

As at 30 June 2010, PEPR has a portfolio of 232 buildings, covering 4.9 million square metres in 11 European countries, with an estimated market value of €2.8 billion. The portfolio has an occupancy level of 93.7% and an average of 3.4 years to the next lease break or 5.4 years to lease expiry.

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