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02/02/2010
AMB $24

AMB Property AMB 4Q 2009 FFO $0.32 (adjusted) v ($1.68) restated
AMB 2009 FFO $1.37 v $0.77 (restated)

AMB previously reported 4Q 2008 FFO $0.47 per share
AMB previously reported 2008 FFO $2.89 pre share

AMB guidance 2010 FFO $1.26-$1.33 v $1.37 (adjusted) DOWN (3%)-(8%)

AMB reports increased interest from development investors and from customers during 4Q 2009, possibly indicating "inflection point" in demand for distribution space

AMB an Industrial REIT with a portfolio of distribution facilities in North America, Europe and Asia

AMB we rank 3 HOLD

AMB market cap $3.5 billion

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