AMB Property Corporation(R) to Announce Fourth Quarter and Full Year 2006 Results on January 23, 2007

AMB Property Corporation(R) will announce its fourth quarter and full year 2006 earnings on Tuesday, January 23, 2007 after the close of market. The company will host a conference call to discuss the quarterly results on Wednesday, January 24, 2007 at 1:00 PM EST/10:00 AM PST.

To access a live broadcast of the conference call, dial 877 447 8218 (from the U.S. and Canada) or +1 706 643 7823 (from all other countries) and enter reservation code 5473519. 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 Thursday, February 22, 2007 at 800 642 1687 (U.S. and Canada) or +1 706 645 9291 (all other countries), with the reservation code 5473519. 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 global developer and owner of industrial real estate, focused on major hub and gateway distribution markets throughout North America, Europe and Asia. As of September 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 124.8 million square feet (11.6 million square meters) and 1,109 buildings in 42 markets within 11 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