X0202 4 2006-02-01 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 2006-02-01 4 M 0 200 24.60 A 261088 I Family Trust Common Stock 2006-02-01 4 S 0 200 51.67 D 260888 I Family Trust Common Stock 2006-02-01 4 M 0 900 24.60 A 261788 I Family Trust Common Stock 2006-02-01 4 S 0 900 51.69 D 260888 I Family Trust Common Stock 2006-02-01 4 M 0 600 24.60 A 261488 I Family Trust Common Stock 2006-02-01 4 S 0 600 51.70 D 260888 I Family Trust Common Stock 2006-02-01 4 M 0 1700 24.60 A 262588 I Family Trust Common Stock 2006-02-01 4 S 0 1700 51.71 D 260888 I Family Trust Common Stock 2006-02-01 4 M 0 2100 24.60 A 262988 I Family Trust Common Stock 2006-02-01 4 S 0 2100 51.72 D 260888 I Family Trust Common Stock 2006-02-01 4 M 0 400 24.60 A 261288 I Family Trust Common Stock 2006-02-01 4 S 0 400 51.73 D 260888 I Family Trust Common Stock 2006-02-01 4 M 0 1200 24.60 A 262088 I Family Trust Common Stock 2006-02-01 4 S 0 1200 51.74 D 260888 I Family Trust Common Stock 2006-02-01 4 M 0 1400 24.60 A 262288 I Family Trust Common Stock 2006-02-01 4 S 0 1400 51.75 D 260888 I Family Trust Common Stock 2006-02-01 4 M 0 400 24.60 A 261288 I Family Trust Common Stock 2006-02-01 4 S 0 400 51.76 D 260888 I Family Trust Common Stock 2006-02-01 4 M 0 600 24.60 A 261488 I Family Trust Common Stock 2006-02-01 4 S 0 600 51.78 D 260888 I Family Trust Common Stock 2006-02-01 4 M 0 2000 24.60 A 262888 I Family Trust Common Stock 2006-02-01 4 S 0 2000 51.79 D 260888 I Family Trust Common Stock 2006-02-01 4 M 0 3400 24.60 A 264288 I Family Trust Common Stock 2006-02-01 4 S 0 3400 51.80 D 260888 I Family Trust Common Stock 2006-02-01 4 M 0 3000 24.60 A 263888 I Family Trust Common Stock 2006-02-01 4 S 0 3000 51.81 D 260888 I Family Trust Common Stock 2006-02-01 4 M 0 3700 24.60 A 264588 I Family Trust Common Stock 2006-02-01 4 S 0 3700 51.82 D 260888 I Family Trust Common Stock 2006-02-01 4 M 0 7300 24.60 A 268188 I Family Trust Common Stock 2006-02-01 4 S 0 7300 51.90 D 260888 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-02-01 4 M 0 200 D 2011-02-27 Common 200 524687 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-02-01 4 M 0 900 D 2011-02-27 Common 900 523787 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-02-01 4 M 0 600 D 2011-02-27 Common 600 523187 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-02-01 4 M 0 1700 D 2011-02-27 Common 1700 521487 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-02-01 4 M 0 2100 D 2011-02-27 Common 2100 519387 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-02-01 4 M 0 400 D 2011-02-27 Common 400 518987 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-02-01 4 M 0 1200 D 2011-02-27 Common 1200 517787 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-02-01 4 M 0 1400 D 2011-02-27 Common 1400 516387 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-02-01 4 M 0 400 D 2011-02-27 Common 400 515987 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-02-01 4 M 0 600 D 2011-02-27 Common 600 515387 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-02-01 4 M 0 2000 D 2011-02-27 Common 2000 513387 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-02-01 4 M 0 3400 D 2011-02-27 Common 3400 509987 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-02-01 4 M 0 3000 D 2011-02-27 Common 3000 506987 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-02-01 4 M 0 3700 D 2011-02-27 Common 3700 503287 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-02-01 4 M 0 7300 D 2011-02-27 Common 7300 495987 I Family Trust 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 January 27, 2006. Of the 260,888 securities beneficially owned, 4,000 shares are directly (D) held, 193,526 shares are directly (D) held in a joint account, and 63,362 are indirectly (I) held through a family trust. One-third of the shares subject to the option vest and become exerciseable annually on January 1. The shares vested fully on January 1, 2004. Not applicable. /s/ Tamra Browne pursuant to a power of attorney dated 01/15/2003 2006-02-03