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Press release from PR Newswire

Prologis Announces Tax Treatment of 2012 Distributions

Monday, January 28, 2013

Prologis Announces Tax Treatment of 2012 Distributions16:51 EST Monday, January 28, 2013SAN FRANCISCO, Jan. 28, 2013 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the leading global owner, operator and developer of industrial real estate, today announced the tax treatment of its 2012 distributions.  Exhibits A and B reflect the tax treatment of distributions on Prologis, Inc. common and preferred stock, respectively.  If you held shares of common or preferred stock of Prologis, Inc. in your name at any time during 2012, an IRS Form 1099-DIV will be provided to you by Computershare, Prologis, Inc.'s transfer agent.  If you held shares in "street name" during 2012, the IRS form provided by your bank, brokerage firm or nominee may report only the gross distributions paid to you.  Therefore, you may need the information included herein to properly complete your federal tax return.This information has been prepared using the best available information to date.  Prologis, Inc.'s federal income tax return for the year ended December 31, 2012 has not yet been filed.  Please note that federal tax laws affect taxpayers differently, and we cannot advise you on how distributions should be reported on your federal income tax return.  Please also note that state and local taxation of REIT distributions vary and may not be the same as the federal rules.  Prologis, Inc. thus urges you to consult with your own tax advisor with respect to the federal, state and local income tax consequences of these distributions.About PrologisPrologis, Inc. is the leading owner, operator and developer of industrial real estate, focused on global and regional markets across the Americas, Europe and Asia. As of September 30, 2012, Prologis owned or had investments in, on a consolidated basis or through unconsolidated joint ventures, properties and development projects expected to total approximately 565 million square feet (52.5 million square meters) in 21 countries. The company leases modern distribution facilities to more than 4,500 customers, including manufacturers, retailers, transportation companies, third-party logistics providers and other enterprises.January 28, 2013 Exhibit ATax Treatment of 2012 Common Distributions Prologis, Inc.  Common Stock  CUSIP #  74340W103  Ticker Symbol:  PLD  RecordDates  PayableDates  CashDistribution($ per share)  OrdinaryTaxableDividend($ per share)  QualifiedTaxableDividend($ per share)  Long-TermCapital Gain($ per share)  UnrecapturedSection 1250Gain ($ pershare) (1) 3/12/123/30/120.2800000.0945800.0490280.0356020.1007906/11/126/29/120.2800000.0945800.0490280.0356020.1007909/14/129/28/120.2800000.0945800.0490280.0356020.10079012/17/1212/28/120.2800000.0945800.0490280.0356020.100790 (1)  Corporate shareholders may be subject to §IRC 291(a) reduction in certain corporate preference items. January 28, 2013 Exhibit BTax Treatment of 2012 Preferred DistributionsPrologis, Inc. Series Q Cumulative Redeemable Preferred Stock CUSIP #  74340W202 Ticker Symbol:  PLD/PQ  RecordDates  PayableDates  Cash Distribution($ per share)  OrdinaryTaxableDividend($ per share)  QualifiedTaxableDividend($ per share)  Long-TermCapital Gain($ per share)  UnrecapturedSection 1250Gain ($ pershare) (1) 3/19/124/2/121.0675000.3605850.1869180.1357340.3842636/18/127/2/121.0675000.3605850.1869180.1357340.3842639/18/1210/1/121.0675000.3605850.1869180.1357340.38426312/19/1212/31/121.0675000.3605850.1869180.1357340.384263 Prologis, Inc. Series R Cumulative Redeemable Preferred Stock CUSIP #  74340W301 Ticker Symbol:  PLD/PR   RecordDates  PayableDates  Cash Distribution($ per share)  OrdinaryTaxableDividend($ per share)  QualifiedTaxableDividend($ per share)  Long-TermCapital Gain($ per share)  UnrecapturedSection 1250Gain ($ pershare) (1) 3/19/124/2/120.4218750.1425030.0738700.0536420.1518606/18/127/2/120.4218750.1425030.0738700.0536420.1518609/18/1210/1/120.4218750.1425030.0738700.0536420.15186012/19/1212/31/120.4218750.1425030.0738700.0536420.151860 Prologis, Inc.  Series S Cumulative Redeemable Preferred Stock  CUSIP #  74340W400  Ticker Symbol: PLD/PS   RecordDates  PayableDates  Cash Distribution($ per share)  OrdinaryTaxableDividend($ per share)  Qualified TaxableDividend($ per share)  Long-TermCapital Gain($ per share)  UnrecapturedSection 1250Gain ($ pershare) (1) 3/19/124/2/120.4218750.1425030.0738700.0536420.1518606/18/127/2/120.4218750.1425030.0738700.0536420.1518609/18/1210/1/120.4218750.1425030.0738700.0536420.15186012/19/1212/31/120.4218750.1425030.0738700.0536420.151860 Prologis, Inc.  Series L Cumulative Redeemable Preferred Stock  CUSIP #  74340W50  Ticker Symbol: PLD/PL  RecordDates  PayableDates  Cash Distribution($ per share)  OrdinaryTaxableDividend($ per share)  QualifiedTaxable Dividend($ per share)  Long-TermCapital Gain($ per share)  UnrecapturedSection 1250Gain ($ pershare) (1) 3/19/124/16/120.4062500.1372250.0711340.0516550.1462366/18/127/16/120.4062500.1372250.0711340.0516550.1462369/18/1210/15/120.4062500.1372250.0711340.0516550.14623612/19/121/15/130.4062500.1372250.0711340.0516550.146236 Prologis, Inc.  Series M Cumulative Redeemable Preferred Stock  CUSIP #  74340W608  Ticker Symbol:  PLD/PM   RecordDates  PayableDates  Cash Distribution($ per share)  OrdinaryTaxableDividend($ per share)  QualifiedTaxableDividend($ per share)  Long-TermCapital Gain($ per share)  UnrecapturedSection 1250Gain ($ pershare) (1) 3/19/124/16/120.4218750.1425030.0738700.0536420.1518606/18/127/16/120.4218750.1425030.0738700.0536420.1518609/18/1210/15/120.4218750.1425030.0738700.0536420.15186012/19/121/15/130.4218750.1425030.0738700.0536420.151860 Prologis, Inc.  Series O Cumulative Redeemable Preferred Stock  CUSIP #  74340W707  Ticker Symbol:  PLD/PO  RecordDates  PayableDates  Cash Distribution($ per share)  OrdinaryTaxableDividend($ per share)  QualifiedTaxableDividend($ per share)  Long-TermCapital Gain($ per share)  UnrecapturedSection 1250Gain ($ pershare) (1) 3/19/124/16/120.4375000.1477810.0766060.0556290.1574846/18/127/16/120.4375000.1477810.0766060.0556290.1574849/18/1210/15/120.4375000.1477810.0766060.0556290.15748412/19/121/15/130.4375000.1477810.0766060.0556290.157484 Prologis, Inc.  Series P Cumulative Redeemable Preferred Stock  CUSIP #  74340W806  Ticker Symbol:  PLD/PP  RecordDates  PayableDates  Cash Distribution($ per share)  OrdinaryTaxableDividend($ per share)  QualifiedTaxableDividend($ per share)  Long-TermCapital Gain($ per share)  UnrecapturedSection 1250Gain ($ pershare) (1) 3/19/124/16/120.4281250.1446140.0749640.0544370.1541106/18/127/16/120.4281250.1446140.0749640.0544370.1541109/18/1210/15/120.4281250.1446140.0749640.0544370.15411012/19/121/15/130.4281250.1446140.0749640.0544370.154110(1)  Corporate shareholders may be subject to §IRC 291(a) reduction in certain corporate preference items.  SOURCE Prologis, Inc.For further information: San Francisco, Atle Erlingsson, +1-415-733-9495, aerlingsson@prologis.com or Tracy Ward, +1-415-733-9565, tward@prologis.com