SAN 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 Prologis
Prologis, 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 A
                                                                                                      Tax Treatment of 2012 Common Distributions

     Prologis, Inc.
     Common Stock
     CUSIP #  74340W103
     Ticker Symbol:  PLD

             Record                   Payable                          Cash                               Ordinary                             Qualified             Long-Term            Unrecaptured
             Dates                     Dates                       Distribution                           Taxable                              Taxable             Capital Gain           Section 1250
                                                                  ($ per share)                           Dividend                             Dividend            ($ per share)          Gain ($ per
                                                                                                       ($ per share)                        ($ per share)                                  share) (1)
    ---                                                                                ---              ------------                                                                  ---  ----------
            3/12/12                           3/30/12                             0.280000                             0.094580                           0.049028               0.035602                 0.100790
            -------                           -------                             --------                             --------                           --------               --------                 --------
            6/11/12                           6/29/12                             0.280000                             0.094580                           0.049028               0.035602                 0.100790
            -------                           -------                             --------                             --------                           --------               --------                 --------
            9/14/12                           9/28/12                             0.280000                             0.094580                           0.049028               0.035602                 0.100790
            -------                           -------                             --------                             --------                           --------               --------                 --------
            12/17/12                         12/28/12                             0.280000                             0.094580                           0.049028               0.035602                 0.100790
            --------                         --------                             --------                             --------                           --------               --------                 --------

     (1)  Corporate shareholders may be subject to §IRC 291(a) reduction in certain corporate preference items.


                                                                                                                                                                                                              January 28, 2013
                                                                                                                            Exhibit B
                                                                                                          Tax Treatment of 2012 Preferred Distributions

    Prologis, Inc.
    Series Q Cumulative Redeemable Preferred Stock
    CUSIP #  74340W202
    Ticker Symbol:  PLD/PQ

             Record                   Payable                         Cash Distribution                             Ordinary                             Qualified              Long-Term           Unrecaptured
             Dates                     Dates                           ($ per share)                                Taxable                              Taxable              Capital Gain          Section 1250
                                                                                                                    Dividend                             Dividend            ($ per share)          Gain ($ per
                                                                                                                 ($ per share)                        ($ per share)                                  share) (1)
    ---                                                                                          ---              ------------                                                                  ---  ----------
            3/19/12                            4/2/12                                       1.067500                             0.360585                           0.186918               0.135734                 0.384263
            -------                            ------                                       --------                             --------                           --------               --------                 --------
            6/18/12                            7/2/12                                       1.067500                             0.360585                           0.186918               0.135734                 0.384263
            -------                            ------                                       --------                             --------                           --------               --------                 --------
            9/18/12                           10/1/12                                       1.067500                             0.360585                           0.186918               0.135734                 0.384263
            -------                           -------                                       --------                             --------                           --------               --------                 --------
            12/19/12                         12/31/12                                       1.067500                             0.360585                           0.186918               0.135734                 0.384263
            --------                         --------                                       --------                             --------                           --------               --------                 --------

     Prologis, Inc.
    Series R Cumulative Redeemable Preferred Stock
    CUSIP #  74340W301
    Ticker Symbol:  PLD/PR

             Record                   Payable                         Cash Distribution                             Ordinary                             Qualified              Long-Term           Unrecaptured
             Dates                     Dates                           ($ per share)                                Taxable                              Taxable              Capital Gain          Section 1250
                                                                                                                    Dividend                             Dividend            ($ per share)          Gain ($ per
                                                                                                                 ($ per share)                        ($ per share)                                  share) (1)
    ---                                                                                          ---              ------------                                                                  ---  ----------
            3/19/12                            4/2/12                                       0.421875                             0.142503                           0.073870               0.053642                 0.151860
            -------                            ------                                       --------                             --------                           --------               --------                 --------
            6/18/12                            7/2/12                                       0.421875                             0.142503                           0.073870               0.053642                 0.151860
            -------                            ------                                       --------                             --------                           --------               --------                 --------
            9/18/12                           10/1/12                                       0.421875                             0.142503                           0.073870               0.053642                 0.151860
            -------                           -------                                       --------                             --------                           --------               --------                 --------
            12/19/12                         12/31/12                                       0.421875                             0.142503                           0.073870               0.053642                 0.151860
            --------                         --------                                       --------                             --------                           --------               --------                 --------

     Prologis, Inc.
     Series S Cumulative Redeemable Preferred Stock
     CUSIP #  74340W400
     Ticker Symbol: PLD/PS

             Record                   Payable                         Cash Distribution                             Ordinary                             Qualified              Long-Term           Unrecaptured
             Dates                     Dates                           ($ per share)                                Taxable                              Taxable              Capital Gain          Section 1250
                                                                                                                    Dividend                             Dividend            ($ per share)          Gain ($ per
                                                                                                                 ($ per share)                        ($ per share)                                  share) (1)
    ---                                                                                          ---              ------------                                                                  ---  ----------
            3/19/12                            4/2/12                                       0.421875                             0.142503                           0.073870               0.053642                 0.151860
            -------                            ------                                       --------                             --------                           --------               --------                 --------
            6/18/12                            7/2/12                                       0.421875                             0.142503                           0.073870               0.053642                 0.151860
            -------                            ------                                       --------                             --------                           --------               --------                 --------
            9/18/12                           10/1/12                                       0.421875                             0.142503                           0.073870               0.053642                 0.151860
            -------                           -------                                       --------                             --------                           --------               --------                 --------
            12/19/12                         12/31/12                                       0.421875                             0.142503                           0.073870               0.053642                 0.151860
            --------                         --------                                       --------                             --------                           --------               --------                 --------

     Prologis, Inc.
     Series L Cumulative Redeemable Preferred Stock
     CUSIP #  74340W50
     Ticker Symbol: PLD/PL

             Record                   Payable                         Cash Distribution                             Ordinary                             Qualified              Long-Term           Unrecaptured
             Dates                     Dates                           ($ per share)                                Taxable                              Taxable              Capital Gain          Section 1250
                                                                                                                    Dividend                             Dividend            ($ per share)          Gain ($ per
                                                                                                                 ($ per share)                        ($ per share)                                  share) (1)
    ---                                                                                          ---              ------------                                                                  ---  ----------
            3/19/12                           4/16/12                                       0.406250                             0.137225                           0.071134               0.051655                 0.146236
            -------                           -------                                       --------                             --------                           --------               --------                 --------
            6/18/12                           7/16/12                                       0.406250                             0.137225                           0.071134               0.051655                 0.146236
            -------                           -------                                       --------                             --------                           --------               --------                 --------
            9/18/12                          10/15/12                                       0.406250                             0.137225                           0.071134               0.051655                 0.146236
            -------                          --------                                       --------                             --------                           --------               --------                 --------
            12/19/12                          1/15/13                                       0.406250                             0.137225                           0.071134               0.051655                 0.146236
            --------                          -------                                       --------                             --------                           --------               --------                 --------

     Prologis, Inc.
     Series M Cumulative Redeemable Preferred Stock
     CUSIP #  74340W608
     Ticker Symbol:  PLD/PM

             Record                   Payable                         Cash Distribution                             Ordinary                             Qualified              Long-Term           Unrecaptured
             Dates                     Dates                           ($ per share)                                Taxable                              Taxable              Capital Gain          Section 1250
                                                                                                                    Dividend                             Dividend            ($ per share)          Gain ($ per
                                                                                                                 ($ per share)                        ($ per share)                                  share) (1)
    ---                                                                                          ---              ------------                                                                  ---  ----------
            3/19/12                           4/16/12                                       0.421875                             0.142503                           0.073870               0.053642                 0.151860
            -------                           -------                                       --------                             --------                           --------               --------                 --------
            6/18/12                           7/16/12                                       0.421875                             0.142503                           0.073870               0.053642                 0.151860
            -------                           -------                                       --------                             --------                           --------               --------                 --------
            9/18/12                          10/15/12                                       0.421875                             0.142503                           0.073870               0.053642                 0.151860
            -------                          --------                                       --------                             --------                           --------               --------                 --------
            12/19/12                          1/15/13                                       0.421875                             0.142503                           0.073870               0.053642                 0.151860
            --------                          -------                                       --------                             --------                           --------               --------                 --------

     Prologis, Inc.
     Series O Cumulative Redeemable Preferred Stock
     CUSIP #  74340W707
     Ticker Symbol:  PLD/PO

             Record                   Payable                         Cash Distribution                             Ordinary                             Qualified              Long-Term           Unrecaptured
             Dates                     Dates                           ($ per share)                                Taxable                              Taxable              Capital Gain          Section 1250
                                                                                                                    Dividend                             Dividend            ($ per share)          Gain ($ per
                                                                                                                 ($ per share)                        ($ per share)                                  share) (1)
    ---                                                                                          ---              ------------                                                                  ---  ----------
            3/19/12                           4/16/12                                       0.437500                             0.147781                           0.076606               0.055629                 0.157484
            -------                           -------                                       --------                             --------                           --------               --------                 --------
            6/18/12                           7/16/12                                       0.437500                             0.147781                           0.076606               0.055629                 0.157484
            -------                           -------                                       --------                             --------                           --------               --------                 --------
            9/18/12                          10/15/12                                       0.437500                             0.147781                           0.076606               0.055629                 0.157484
            -------                          --------                                       --------                             --------                           --------               --------                 --------
            12/19/12                          1/15/13                                       0.437500                             0.147781                           0.076606               0.055629                 0.157484
            --------                          -------                                       --------                             --------                           --------               --------                 --------

     Prologis, Inc.
     Series P Cumulative Redeemable Preferred Stock
     CUSIP #  74340W806
     Ticker Symbol:  PLD/PP

             Record                   Payable                         Cash Distribution                             Ordinary                             Qualified              Long-Term           Unrecaptured
             Dates                     Dates                           ($ per share)                                Taxable                              Taxable              Capital Gain          Section 1250
                                                                                                                    Dividend                             Dividend            ($ per share)          Gain ($ per
                                                                                                                 ($ per share)                        ($ per share)                                  share) (1)
    ---                                                                                          ---              ------------                                                                  ---  ----------
            3/19/12                           4/16/12                                       0.428125                             0.144614                           0.074964               0.054437                 0.154110
            -------                           -------                                       --------                             --------                           --------               --------                 --------
            6/18/12                           7/16/12                                       0.428125                             0.144614                           0.074964               0.054437                 0.154110
            -------                           -------                                       --------                             --------                           --------               --------                 --------
            9/18/12                          10/15/12                                       0.428125                             0.144614                           0.074964               0.054437                 0.154110
            -------                          --------                                       --------                             --------                           --------               --------                 --------
            12/19/12                          1/15/13                                       0.428125                             0.144614                           0.074964               0.054437                 0.154110
            --------                          -------                                       --------                             --------                           --------               --------                 --------

    (1)  Corporate shareholders may be subject to §IRC 291(a) reduction in certain corporate preference items.

SOURCE Prologis, Inc.