ProLogis Trust (PLD)

[califax]

Purchase of ProLogis European Properties' units completed

http://www.hugingroup.com/pr.asp?pr_id=101632&folder=200910&src=2

Luxembourg - 8 October 2009 - 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 22,478 PEPR units were purchased at an average price of ?4.4377 per unit. The highest price paid per unit was ?4.447 and the lowest price was ?4.415.

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For further information, please contact:

Investor relations
ProLogis European Properties
Jennifer van der Eem
[phone]
[e-mail]

Media
M:Communications
Ed Orlebar / Charlotte McMullen
[phone] or 7920 2349
[e-mail] / [e-mail]

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 2009, PEPR has a portfolio of 232 buildings, covering 4.9 million square metres in 11 European countries, with a market value of ?3.0 billion. The portfolio has an occupancy level of 96.9% and an average of 3.6 years to the next lease break or 5.8 years to lease expiry.
This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.