X0202 4 2005-04-28 0 0001045609 AMB PROPERTY CORP AMB 0001213596 BAIRD W BLAKE C/O AMB PROPERTY CORPORATION, PIER 1, BAY 1 SAN FRANCISCO CA 94111 1 1 0 0 President Common Stock 2005-04-28 4 M 0 100 20.1875 A 272474 D Common Stock 2005-04-28 4 S 0 100 38.95 D 272374 D Common Stock 2005-04-28 4 M 0 1100 20.1875 A 273474 D Common Stock 2005-04-28 4 S 0 1100 38.96 D 272374 D Common Stock 2005-04-28 4 M 0 100 20.1875 A 272474 D Common Stock 2005-04-28 4 S 0 100 38.97 D 272374 D Common Stock 2005-04-28 4 M 0 3500 20.1875 A 275874 D Common Stock 2005-04-28 4 S 0 3500 39.00 D 272374 D Common Stock 2005-04-28 4 M 0 100 20.1875 A 272474 D Common Stock 2005-04-28 4 S 0 100 39.68 D 272374 D Non-Qualified Stock Option (right to buy) 20.1875 2005-04-28 4 M 0 100 D 2010-02-28 Common Stock 100 729687 D Non-Qualified Stock Option (right to buy) 20.1875 2005-04-28 4 M 0 1100 D 2010-02-28 Common Stock 1100 728587 D Non-Qualified Stock Option (right to buy) 20.1875 2005-04-28 4 M 0 100 D 2010-02-28 Common Stock 100 728487 D Non-Qualified Stock Option (right to buy) 20.1875 2005-04-28 4 M 0 3500 D 2010-02-28 Common Stock 3500 724987 D Non-Qualified Stock Option (right to buy) 20.1875 2005-04-28 4 M 0 100 D 2010-02-28 Common Stock 100 724887 D These sales are being made pursuant to a previously adopted plan intended to comply with Rule 10b5-1(c) of the Securities Exchange Act of 1934. This 10b5-1 plan was adopted on April 21, 2005. One-third of the shares subject to the option vest and become exerciseable annually on January 1. The shares vested fully on January 1, 2003. Not applicable. /s/ Tamra Browne pursuant to a power of attorney dated 01/15/2003. 2005-05-02