ProLogis European Properties to announce Third Quarter 2009 Financial Results on Thursday 22nd October 2009

This press release is not an offer of securities for sale, or the solicitation of an offer to buy securities, in the United States or elsewhere. The securities mentioned in this press release have not been and will not be registered pursuant to the US Securities Act of 1933, as amended. They cannot be offered or sold in the United States absent registration or an exemption from registration. No public offer of the securities has been or will be made in the United States or elsewhere.

News release

ProLogis European Properties to announce Third Quarter 2009 Financial Results on Thursday 22nd October 2009

Luxembourg - 24 September 2009 - ProLogis European Properties (Euronext: PEPR), one of Europe's largest owners of modern distribution facilities, will announce its Third Quarter 2009 Financial Results on Thursday 22nd October 2009.

Earnings Release: ProLogis European Properties' Third Quarter 2009 Financial Results will be released on Thursday 22nd October 2009 at 9am CET and will be available on the PEPR website, www.prologis-ep.com.

Earnings Webcast and Conference Call: A Webcast Presentation and Conference Call with senior management to discuss the Third Quarter 2009 Financial Results and future outlook will be held on Thursday 22nd October 2009, at 12 noon CET.

The webcast can be accessed by clicking on the link entitled "Third Quarter 2009 Financial Results Webcast" located on the home page of the PEPR website, www.prologis-ep.com.

To participate in the conference call please dial one of the following numbers:

Toll free Toll International -- +44 (0)1452 555 566 France 0805 632 056 +33 (0)1 76 74 24 28 Luxembourg 800 27512 -- The Netherlands 0800 023 5091 +31 (0) 20 717 6886 UK 0800 694 0257 +44 (0)844 493 3800 US 1 866 966 9439 --

Replay Information: A replay of the webcast and a transcript of the call will be available in "Presentations & Webcasts" in the Investor Relations section of the PEPR website, www.prologis-ep.com/pepr/investor/.

The conference call replay will be available from 4pm CET on Thursday 22nd October 2009 until Wednesday 4th November 2009. To access the conference call replay please dial one of the following numbers, using passcode 32429008#:

Toll free Toll International -- +44 (0)1452 550 000 UK 0800 953 1533 +44 (0)845 245 5205 US 1 866 247 4222 --

-Ends-

For further information, please contact: Investor relations ProLogis European Properties Jennifer van der Eem +44 207 518 8708 jvandereem@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, 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 n3.0 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.

SOURCE: ProLogis European Properties

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