0000950134-03-017031 Sample Contracts

PROLOGIS 4,400,000 Shares
Underwriting Agreement • December 24th, 2003 • Prologis • Real estate investment trusts • New York

Citigroup Global Markets Inc. Morgan Stanley & Co. Incorporated Wachovia Capital Markets, LLC As Representatives of the several Underwriters c/o Morgan Stanley & Co. Incorporated 1585 Broadway New York, New York 10036

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