AMB Property Corporation to Announce Second Quarter Results on July 11, 2006

AMB Property Corporation(R) will announce its second quarter earnings on Tuesday, July 11, 2006 after the close of market. The company will host a conference call to discuss the quarterly results on Wednesday, July 12, 2006 at 1:00 PM EDT/10:00 AM PDT.

To access a live broadcast of the conference call, dial +1-877-447-8218 (from the U.S. and Canada) or +1-706-643-7823 (from all other countries) and enter reservation code 2323595. Access the live webcast of the conference call from the company's website at www.amb.com.

A telephonic replay will be available until 5:00 PM PDT on Wednesday, August 9, 2006 at +1-800-642-1687 (U.S. and Canada) or +1-706-645-9291 (all other countries), with the reservation code 2323595. The webcast replay will be available for the same time period and can be accessed through the company's website at www.amb.com.

AMB Property Corporation(R) is a leading owner and operator of industrial real estate, focused on major hub and gateway distribution markets throughout North America, Europe and Asia. As of March 31, 2006, AMB owned, or had investments in, on a consolidated basis or through unconsolidated joint ventures, properties and development projects expected to total approximately 118 million square feet (11 million square meters) and 1,070 buildings in 42 markets within eleven countries. AMB invests in properties located predominantly in the infill submarkets of its targeted markets. The company's portfolio is comprised of High Throughput Distribution(R) facilities - industrial properties built for speed and located near airports, seaports and ground transportation systems.

AMB Property Corporation(R). Local partner to global trade (TM).

AMB's press releases are available on the company website at www.amb.com or by contacting the Investor Relations department at 1-415-394-9000.

SOURCE: AMB Property Corporation