Purchase of ProLogis European Properties' units completed

News release Purchase of ProLogis European Properties' units completed Luxembourg - 19 June 2009 - ProLogis European Properties (Euronext: PEPR), Europe's largest owner of modern distribution facilities, announced today that the purchase of ¤75,000 of PEPR units has been completed. A total of 24,400 PEPR units were purchased at an average price of ¤3.0629 per unit. The highest price paid per unit was ¤3.09 and the lowest price was ¤3.05. -Ends- For further information, please contact: Investor relations ProLogis European Properties +44 20 7518 8708 Jennifer van der Eem, VP Investor Relations jvandereem@prologis.com Media M:Communications +44 20 7153 1523 or 7153 1549 Ed Orlebar / Charlotte McMullen orlebar@mcomgroup.com / mcmullen@mcomgroup.com About ProLogis European Properties (PEPR) ProLogis European Properties, or PEPR, which listed on Euronext Amsterdam on 22 September 2006, is the largest pan-European owner of high quality distribution and logistics facilities. Established in 1999, PEPR is a real estate investment fund (organised as a Luxembourg closed-ended fonds commun de placement) externally managed by a subsidiary of ProLogis (NYSE: PLD), a leading global provider of industrial distribution facilities. As at 31 March 2009, PEPR has a portfolio of 246 buildings, covering 5.2 million square metres in 11 European countries, with an estimated net open market value of ¤3.4 billion. The portfolio has an occupancy level of 97.0% and an average of 3.9 years to the next lease break or 6.2 years to lease expiry. This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.