AMB Property Corporation(R) to Announce Third Quarter Results on October 17, 2006

AMB Property Corporation(R) will announce its third quarter earnings on Tuesday, October 17, 2006 after the close of market. The company will host a conference call to discuss the quarterly results on Wednesday, October 18, 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 6774681. 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 PST on Wednesday, November 16, 2006 at 800-642-1687 (U.S. and Canada) or +1-706-645-9291 (all other countries), with the reservation code 6774681. 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). Local partner to global trade(TM).

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 June 30, 2006, AMB owned, or had investments in, on a consolidated basis or through unconsolidated joint ventures, properties and development projects expected to total approximately 122 million square feet (11 million square meters) and 1,094 buildings in 41 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'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.

FCMN Contact: [email protected]

SOURCE: AMB Property Corporation