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2. The data reported and the findings, observations, and conclusions expressed in the <br /> report are derived from the scope of services. The scope of services is set forth in the <br /> Agreement for Environmental Consulting Services dated January 14, 2005 between <br /> SECOR and ProLogis. <br /> 3. SECOR Phase I ESA reports present professional opinions and findings of a scientific <br /> and technical nature. While attempts were made to relate the data and findings to <br /> applicable environmental laws and regulations, the report shall not be construed to offer <br /> legal opinion or representations as to the requirements of, nor compliance with, <br /> environmental laws, rules, regulations, or policies of federal, state, or local government <br /> agencies. SECOR's liability extends only to ProLogis and its investors, assignees, <br /> designees, successors, and assigns. <br /> 4. The conclusions presented in this report are professional opinions based on data <br /> described in this report. They are intended only for the purpose, site location, and <br /> project indicated. This report is not a definitive study of contamination at the site and <br /> should not be interpreted as such. No sampling or chemical analyses were performed, <br /> and no assessment of asbestos-containing materials was completed as part of this <br /> study, unless explicitly stated. <br /> 5. This report is based, in part, on unverified information supplied to SECOR by third-party <br /> sources. While efforts have been made to substantiate this third-party information, <br /> SECOR cannot guarantee its completeness or accuracy. <br /> Final ESA Report-30096.009-Tracy CA.doc 4 SECOR International Incorporated <br /> April 14,2005 <br />