EXHIBIT 99.1
- ------------



JONES LANG LASALLE                                    NEWS RELEASE


Contact:    Lauralee Martin
Title:      Chief Operating and Financial Officer
Phone:      +1 312 228 2073


                 JONES LANG LASALLE REPORTS SECOND QUARTER
               NET INCOME OF $24.5 MILLION, $0.73 PER SHARE

             Performance in Advisory Fees, Management Services
           and Leasing Revenue Offsets Capital Markets Decrease


CHICAGO, JULY 29, 2008 - JONES LANG LASALLE INCORPORATED (NYSE: JLL), the
leading integrated financial and professional services firm specializing in
real estate, today reported net income of $24.5 million, or $0.73 per
diluted share of common stock, for the quarter ended June 30, 2008,
compared with net income of $77.9 million, or $2.32 per share, for the
second quarter of 2007. On a year-to-date basis, 2008 net income was $27.4
million, or $0.82 per share, compared with net income of $105 million, or
$3.12 per share in 2007. Operating income for the second quarter of 2008
was $38.2 million, compared with $101 million for the prior year, and on a
year-to-date basis, operating income was $46.1 million in 2008 and $137
million in 2007. Included in the firm's 2007 results was a significant
second-quarter transaction advisory fee earned in the Asia Pacific Hotels
business.

- ------------------------------------------------------------------------

Second Quarter 2008 Highlights:

  .   LaSalle Investment Management's Advisory fees increased 34 percent

  .   Management Services revenue increased 28 percent

  .   Leasing revenue increased 23 percent

- ------------------------------------------------------------------------

Revenue decreased in the second quarter of 2008 compared with 2007 by only
two percent to $660 million, despite the significant advisory fee earned in
Asia Pacific Hotels in 2007 and decreased Capital Markets and Hotels
revenue in 2008. Capital Markets and Hotels revenue, excluding the Asia
Pacific Hotels fee, for the second quarter decreased $34.3 million, or 30
percent, from 2007. The decline in Capital Markets and Hotels was offset by
increased revenue in the quarter across other business lines, led by
LaSalle Investment Management's Advisory fees, which increased 34 percent,
to $72.6 million, over the prior year. The solid second-quarter performance
in Transaction Services revenue included solid contribution from Leasing,
which increased 23 percent to $163 million. Excluding Capital Markets and
Hotels, Transaction Services revenue increased by 33 percent over 2007, to
$266 million, for the second quarter, with increases across all regions.
Management Services revenue increased 28 percent to $215 million for the
second quarter, with all operating regions achieving revenue growth.









                                  -more-





JONES LANG LASALLE REPORTS SECOND QUARTER NET INCOME OF $24.5 MILLION,
$0.73 PER SHARE -- Page 2



For the first half of 2008, revenue increased to $1.2 billion, five percent
over the prior year, despite a year-over-year revenue decrease in Capital
Markets and Hotels of $88.5 million and the 2007 Asia Pacific Hotels
advisory fee. Factors driving year-to-date performance were similar to
those experienced in the second quarter. The current revenue contribution
from 2007 and 2008 acquisitions was approximately $57 million and $96
million for the 2008 second quarter and year to date, respectively.

"Solid revenue performance from LaSalle Investment Management and our
diverse business lines offset the continued impact of illiquid credit
markets on revenue generated by our Capital Markets businesses," said Colin
Dyer, Chief Executive Officer of Jones Lang LaSalle. "We are focused on
driving our expenses to appropriately reflect current operating conditions,
while maintaining leadership positions in Capital Markets and Hotels to
respond to the anticipated needs of the marketplace," Dyer added.

Operating expenses were $621 million for the second quarter of 2008, an
increase of eight percent over 2007, and $1.2 billion year to date, a 14
percent increase. First-half operating costs increased across all investor
and occupier services, principally due to costs associated with the 13
acquisitions that closed in 2007, nine of which were completed in the
second half of the year, including larger transactions in India and France.
2008 operating expenses also include costs associated with 10 acquisitions
completed this year, seven in the first quarter and three in the second.
As a result, year-to-date 2008 operating expenses include costs from these
acquired businesses, including integration and intangible amortization, of
approximately $53 million for the second quarter and $92 million year to
date, which were not reflected in the firm's 2007 results. The firm's
earnings before interest, taxes, depreciation and amortization ("EBITDA")
for the 2008 second quarter and year to date were $55.3 million and $76.9
million, respectively.


BUSINESS SEGMENT SECOND QUARTER PERFORMANCE HIGHLIGHTS

INVESTOR AND OCCUPIER SERVICES

  .   In the AMERICAS region, revenue for the second quarter of 2008 was
      $190 million, an increase of six percent over the same period last
      year. For the first half of 2008, revenue was $364 million, an
      increase of 11 percent. Excluding the impact of reduced revenue from
      Capital Markets and Hotels, which decreased from 2007 by $10.0
      million or 40 percent for the quarter, and by $23.1 million or 50
      percent year to date, revenue increased 14 percent for the quarter
      and 21 percent for the first half of 2008.

      Second-quarter revenue benefited from Management Services revenue,
      which increased 10 percent over the prior year to $94.9 million,
      while Transaction Services revenue excluding Capital Markets and
      Hotels grew 22 percent. The year-over-year revenue increase for the
      first half of 2008 was driven mainly by Management Services, which
      increased 17 percent to $184 million, and Transaction Services
      excluding Capital Markets and Hotels, which grew 29 percent primarily
      as a result of increased leasing activity. The region's total Leasing
      revenue in the second quarter, including both Tenant Representation
      and Agency Leasing, increased 17 percent to $59.8 million, and on a
      year-to-date basis increased 27 percent to $117 million, compared
      with 2007. The growth in Leasing was driven by activity from
      recruited transactors and acquisitions completed during 2007.
      Additionally, revenue in the firm's Mexico and South America
      businesses more than doubled for both the second quarter and first
      half of the year compared with 2007.



                                  -more-





JONES LANG LASALLE REPORTS SECOND QUARTER NET INCOME OF $24.5 MILLION,
$0.73 PER SHARE -- Page 3



      Operating expenses were $179 million for the second quarter of 2008,
      an increase of 12 percent, and $353 million for the first half of the
      year, an increase of 17 percent over the prior year. Costs associated
      with the hiring of revenue generators in key markets and completion
      of acquisitions contributed to the increase in operating expenses.
      The region's EBITDA for the 2008 second quarter and year to date was
      $18.1 million and $25.3 million, respectively.

      On July 11, 2008, the firm completed the previously announced
      transaction to merge operations with The Staubach Company, adding
      significant strength to the firm's tenant representation business.
      Its founder, Roger Staubach, was named to the Jones Lang LaSalle
      Board of Directors and to the position of Executive Chairman,
      Americas.

  .   EMEA's second-quarter revenue was $236 million, an increase of
      20 percent over the prior year, while revenue in the first half of
      2008 was $419 million, an increase of 12 percent over 2007. The
      growth in total revenue occurred despite lower revenue from Capital
      Markets and Hotels, which decreased in the second quarter by $17.7
      million, or 26 percent, and decreased for the first half of the year
      by $54.1 million, or 37 percent, compared with the prior year.
      Excluding Capital Markets and Hotels, revenue for both the second
      quarter and year to date increased by 44 percent over 2007. The
      current revenue contribution from 2007 and 2008 acquisitions was
      approximately $33 million and $57 million for the 2008 second quarter
      and year to date, respectively.

      Management Services revenue grew 68 percent to $59.0 million for the
      second quarter and 59 percent to $107 million for the first half of
      2008. Transaction Services revenue excluding Capital Markets and
      Hotels increased 38 percent for the second quarter and 40 percent for
      the first half of 2008. While the firm experienced a lower volume of
      Capital Markets transactions compared with the prior year, demand and
      market share for other services increased. Leasing revenue, included
      in Transaction Services revenue, increased over the prior year for
      both the second quarter and year to date by 23 and 25 percent,
      respectively. Advisory Services revenue, which is also included in
      Transaction Services, increased 45 percent for second quarter and 42
      percent year to date over the prior year.

      Geographically, the slowdown in Capital Markets activity during the
      first half of 2008 significantly impacted the UK, Germany and France,
      while Capital Markets activity and revenue increased in Dubai, Russia
      and Holland, driving healthy year-to-date revenue growth over 2007 in
      these markets.

      Operating expenses for the second quarter increased 29 percent to
      $234 million, and increased 23 percent to $424 million, for the first
      half of 2008 compared with 2007, primarily due to the impact of
      acquisitions. Of the ten acquisitions completed since the beginning
      of 2007, seven were completed during or after the third quarter of
      2007. Acquired businesses added approximately $33 million of
      incremental operating expenses, including integration and
      amortization, in the second quarter results, and approximately $56
      million year to date. Acquisitions in the second quarter of 2008
      included Kemper's, a 150-person, market-leading retail specialist
      business in Germany, and the acquisition of the remaining 51 percent
      interest in a Finnish Leasing and Capital Markets business. The
      region's EBITDA for the 2008 second quarter and year to date was $9.2
      million and $8.2 million, respectively.




                                  -more-





JONES LANG LASALLE REPORTS SECOND QUARTER NET INCOME OF $24.5 MILLION,
$0.73 PER SHARE -- Page 4



  .   Revenue for the ASIA PACIFIC region was $142 million for the second
      quarter of 2008, compared with $211 million in 2007, and $259 million
      for the first half of 2008, compared with $298 million in 2007.
      Included in the firm's second quarter 2007 results was the
      significant transaction advisory fee earned in the Asia Pacific
      Hotels business. Management Services revenue for the second quarter
      of 2008 was $61.4 million, an increase of 31 percent, and $119
      million for the first half of 2008, an increase of 29 percent over
      the prior year. The current revenue contribution from 2007 and 2008
      acquisitions was approximately $20 million and $32 million for the
      2008 second quarter and year to date, respectively.

      Capital Markets and Hotels revenue, excluding the 2007 advisory fee
      in Hotels, decreased in the second quarter of 2008 by $6.6 million or
      30 percent, and decreased for the first half of 2008 by $11.3 million
      or 33 percent. Leasing activity momentum continued from the first
      quarter of 2008 and, as a result, Leasing revenue increased by 32
      percent for the second quarter and 42 percent for the first half of
      2008, compared with 2007.

      The strongest contributors to the year-over-year revenue growth were
      the growth markets of China, Japan and India. Revenue for these
      markets increased 40 percent for both the second quarter and first
      half of the year over 2007, as they benefited from both growing local
      economic markets and the acquisition in India at the beginning of the
      third quarter of 2007.  The core market of Australia had second
      quarter revenue growth of 23 percent over the prior year, while Hong
      Kong grew by 18 percent.

      Operating expenses for the region were $137 million for the second
      quarter of 2008 and $262 million for the first half of 2008. The
      operating expenses decreased year over year for the quarter as a
      result of incentive compensation recognized in 2007 related to the
      transaction advisory fee in the Hotels business. The impact of
      acquisitions completed since the beginning of 2007 is included in
      2008 operating expenses, adding approximately $15 million to the
      second quarter and approximately $28 million to the first half of
      2008. During the second quarter of 2008, the firm completed the
      acquisition of a market-leading agency business in the Philippines.
      The region's EBITDA for the 2008 second quarter and year to date was
      $8.2 million and $3.2 million, respectively.

LASALLE INVESTMENT MANAGEMENT

      LASALLE INVESTMENT MANAGEMENT continues to benefit from the growth of
      its annuity-based business, which generated a year-over-year increase
      in Advisory fees of 34 percent for both the second quarter and first
      half of 2008. This growth in LaSalle Investment Management's annuity
      business was principally due to an 18 percent increase in assets
      under management over the prior year, to $54.1 billion, together with
      Advisory fees generated from committed capital. Supporting this
      growth, the firm's co-investment capital grew to $177 million at the
      end of the first quarter of 2008, a 36 percent increase over the
      prior year.

      During the second quarter of 2008, Incentive fees were $13.0 million,
      compared with $29.8 million in 2007, reflecting varied timing in
      asset sales compared with a year ago. Incentive fees vary
      significantly from period to period due to both the performance of
      the underlying investments and the contractual timing of the
      measurement periods for different clients.




                                  -more-





JONES LANG LASALLE REPORTS SECOND QUARTER NET INCOME OF $24.5 MILLION,
$0.73 PER SHARE -- Page 5



      LaSalle Investment Management raised $1.0 billion of equity in the
      first half of 2008, compared with $2.8 billion for the first half of
      2007. Investments made on behalf of clients in the first half of the
      year 2008 were $2.2 billion, compared with $3.4 billion in 2007.


SUMMARY

The firm continued to grow its core businesses and globally diverse
business platform, both through organic growth and recent targeted
strategic acquisitions. LaSalle Investment Management's solid financial
results reflect its outstanding track record and research-based approach
for delivering value for clients. Despite the continuing uncertainty in the
credit markets, the firm is actively managing its cost base, while
remaining committed to its leadership position in Capital Markets and
Hotels, and making selective investments in growth geographies and service
lines.



STATEMENTS IN THIS PRESS RELEASE REGARDING, AMONG OTHER THINGS, FUTURE
FINANCIAL RESULTS AND PERFORMANCE, ACHIEVEMENTS, PLANS AND OBJECTIVES, MAY
BE CONSIDERED FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF THE PRIVATE
SECURITIES LITIGATION REFORM ACT OF 1995. SUCH STATEMENTS INVOLVE KNOWN AND
UNKNOWN RISKS, UNCERTAINTIES AND OTHER FACTORS WHICH MAY CAUSE ACTUAL
RESULTS, PERFORMANCE, ACHIEVEMENTS, PLANS AND OBJECTIVES OF JONES LANG
LASALLE TO BE MATERIALLY DIFFERENT FROM THOSE EXPRESSED OR IMPLIED BY SUCH
FORWARD-LOOKING STATEMENTS. FACTORS THAT COULD CAUSE ACTUAL RESULTS TO
DIFFER MATERIALLY INCLUDE THOSE DISCUSSED UNDER "BUSINESS," "MANAGEMENT'S
DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS,"
"QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK," AND ELSEWHERE
IN JONES LANG LASALLE'S ANNUAL REPORT ON FORM 10-K FOR THE YEAR ENDED
DECEMBER 31, 2007 AND IN THE QUARTERLY REPORT ON FORM 10-Q FOR THE QUARTER
ENDED MARCH 31, 2008 AND IN OTHER REPORTS FILED WITH THE SECURITIES AND
EXCHANGE COMMISSION. STATEMENTS SPEAK ONLY AS OF THE DATE OF THIS RELEASE.
JONES LANG LASALLE EXPRESSLY DISCLAIMS ANY OBLIGATION OR UNDERTAKING TO
UPDATE OR REVISE ANY FORWARD-LOOKING STATEMENTS CONTAINED HEREIN TO REFLECT
ANY CHANGE IN JONES LANG LASALLE'S EXPECTATIONS OR RESULTS, OR ANY CHANGE
IN EVENTS.







ABOUT JONES LANG LASALLE

Jones Lang LaSalle (NYSE: JLL) is a financial and professional services
firm specializing in real estate. The firm offers integrated services
delivered by expert teams worldwide to clients seeking increased value by
owning, occupying or investing in real estate. With 2007 global revenue of
$2.7 billion, Jones Lang LaSalle has approximately 180 offices worldwide
and operates in more than 700 cities in 60 countries.  The firm is an
industry leader in property and corporate facility management services,
with a portfolio of approximately 1.2 billion square feet worldwide.
LaSalle Investment Management, the company's investment management
business, is one of the world's largest and most diverse in real estate
with more than $54 billion of assets under management. For further
information, please visit our Web site, www.joneslanglasalle.com.


                                  -more-

200 East Randolph Drive Chicago Illinois 60601 | 22 Hanover Square London
W1A 2BN | 9 Raffles Place #39-00 Republic Plaza Singapore 048619





JONES LANG LASALLE REPORTS SECOND QUARTER NET INCOME OF $24.5 MILLION,
$0.73 PER SHARE -- Page 6



CONFERENCE CALL

The firm will conduct a conference call for shareholders, analysts and
investment professionals on Wednesday, July 30 at 9:00 a.m. EDT.

To participate in the teleconference, please dial into one of the following
phone numbers five to 10 minutes before the start time:

      .     U.S. callers:           +1 877 809 9540

      .     International callers:  +1 706 679 7364

      .     Pass code:              56375110


WEBCAST

Follow these steps to listen to the webcast:

1.    You must have a minimum 14.4 Kbps Internet connection

2.    Log on to http://www.videonewswire.com/event.asp?id=50090
      and follow instructions

3.    Download free Windows Media Player software: (link located
      under registration form)

4.    If you experience problems listening, send an e-mail to
      webcastsupport@tfprn.com


SUPPLEMENTAL INFORMATION

Supplemental information regarding the second quarter 2008 earnings call
will be posted to the Investor Relations section of the company's Web site:

www.joneslanglasalle.com approximately 15 minutes prior to the conference
call and webcast, and will be referred to during the call.


CONFERENCE CALL REPLAY

Available: 11:00 a.m. EDT Wednesday, July 30 through Midnight EDT August 7
at the following numbers:

      .     U.S. callers:           +1 800 642 1687

      .     International callers:  +1 706 645 9291

      .     Pass code:              56375110


WEB AUDIO REPLAY

Audio replay will be available for download or stream within 24 hours of
conference call. This information and link is also available on the
company's Web site:  www.joneslanglasalle.com.

If you have any questions, call Yvonne Peterson of Jones Lang LaSalle's
Investor Relations department at +1 312 228 2919.






                                  #  #  #





                      JONES LANG LASALLE INCORPORATED
                    CONSOLIDATED STATEMENTS OF EARNINGS
         FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2008 AND 2007
                     (in thousands, except share data)
                                (Unaudited)


                            THREE MONTHS ENDED       SIX MONTHS ENDED
                                 JUNE 30,                JUNE 30,
                          ---------------------   ---------------------
                             2008       2007        2008        2007
                          ---------- ----------   ---------  ----------
Revenue. . . . . . . . .  $  659,515 $  676,086  $1,223,435  $1,166,139

Operating expenses:
  Compensation and
    benefits . . . . . .     431,175    436,265     810,047     761,922
  Operating, adminis-
    trative and other. .     171,875    126,517     332,741     242,253
  Depreciation and
    amortization . . . .      18,268     12,309      34,714      24,935
  Restructuring
    credits. . . . . . .       --         --           (188)       (411)
                          ---------- ----------  ----------  ----------
      Total operating
        expenses . . . .     621,318    575,091   1,177,314   1,028,699
                          ---------- ----------  ----------  ----------
      Operating income .      38,197    100,995      46,121     137,440

Interest expense, net
  of interest income . .       3,560      3,830       4,736       5,668
Gain on sale of
  investments. . . . . .       --         3,703       --          6,129
Equity in earnings
  (loss) from uncon-
  solidated ventures . .         969      6,368      (1,244)      6,502
                          ---------- ----------  ----------  ----------

Income before provision
  for income taxes and
  minority interest. . .      35,606    107,236      40,141     144,403
Provision for income
  taxes. . . . . . . . .       8,973     28,632      10,116      38,556
Minority interest,
  net of income taxes. .       1,114      --          1,666       --
                          ---------- ----------  ----------  ----------
Net income . . . . . . .  $   25,519 $   78,604  $   28,359  $  105,847
                          ========== ==========  ==========  ==========
Net income available to
  common shareholders. .  $   24,516 $   77,932  $   27,356  $  105,175
                          ========== ==========  ==========  ==========

Basic earnings per
  common share . . . . .  $     0.77 $     2.45  $     0.86  $     3.30
                          ========== ==========  ==========  ==========
Basic weighted average
  share outstanding. . .  31,876,045 31,828,364  31,824,435  31,878,811
                          ========== ==========  ==========  ==========

Diluted earnings per
  common share . . . . .  $     0.73 $     2.32  $     0.82  $     3.12
                          ========== ==========  ==========  ==========
Diluted weighted
  average shares
  outstanding. . . . . .  33,458,081 33,655,359  33,340,225  33,664,471
                          ========== ==========  ==========  ==========

EBITDA . . . . . . . . .  $   55,317 $  122,703  $   76,922  $  174,334
                          ========== ==========  ==========  ==========

Please reference attached financial statement notes.





                      JONES LANG LASALLE INCORPORATED
                         SEGMENT OPERATING RESULTS
         FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2008 AND 2007
                              (in thousands)
                                (Unaudited)


                            THREE MONTHS ENDED       SIX MONTHS ENDED
                                 JUNE 30,                JUNE 30,
                          ---------------------   ---------------------
                             2008       2007        2008        2007
                          ---------- ----------   ---------  ----------
INVESTOR &
 OCCUPIER SERVICES
  AMERICAS
   Revenue:
    Transaction
      services . . . . .  $   88,065 $   85,070  $  167,424  $  157,759
    Management services.      94,945     86,021     183,692     156,952
    Equity earnings. . .          41        270          41         420
    Other services . . .       6,824      7,638      12,580      12,134
                          ---------- ----------  ----------  ----------
                             189,875    178,999     363,737     327,265
   Operating expenses:
    Compensation,
      operating and
      administrative . .     171,825    153,792     338,394     289,675
    Depreciation and
      amortization . . .       7,494      6,084      14,542      12,006
                          ---------- ----------  ----------  ----------
                             179,319    159,876     352,936     301,681
                          ---------- ----------  ----------  ----------
    Operating income . .  $   10,556 $   19,123  $   10,801  $   25,584
                          ========== ==========  ==========  ==========

    EBITDA . . . . . . .  $   18,050 $   25,207  $   25,343  $   37,590
                          ---------- ----------  ----------  ----------

EMEA
   Revenue:
    Transaction
      services . . . . .  $  174,456 $  157,903   $ 306,872  $  300,041
    Management services.      59,027     35,181     107,204      67,264
    Equity earnings
      (loss) . . . . . .          85        172         102        (195)
    Other services . . .       2,530      3,730       4,985       6,767
                          ---------- ----------  ----------  ----------
                             236,098    196,986     419,163     373,877
   Operating expenses:
    Compensation,
      operating and
      administrative . .     226,900    177,830     410,960     335,555
    Depreciation and
      amortization . . .       6,866      3,931      12,886       8,447
                          ---------- ----------  ----------  ----------
                             233,766    181,761     423,846     344,002
                          ---------- ----------  ----------  ----------
    Operating income
      (loss) . . . . . .  $    2,332 $   15,225  $   (4,683) $   29,875
                          ========== ==========  ==========  ==========

    EBITDA . . . . . . .  $    9,198 $   19,156  $    8,203  $   38,322
                          ---------- ----------  ----------  ----------







/continued





                      JONES LANG LASALLE INCORPORATED
                   SEGMENT OPERATING RESULTS - CONTINUED
         FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2008 AND 2007
                              (in thousands)
                                (Unaudited)


                            THREE MONTHS ENDED       SIX MONTHS ENDED
                                 JUNE 30,                JUNE 30,
                          ---------------------   ---------------------
                             2008       2007        2008        2007
                          ---------- ----------   ---------  ----------
ASIA PACIFIC
   Revenue:
    Transaction
      services . . . . .  $   77,748 $  162,312   $ 136,630  $  201,908
    Management services.      61,444     47,018     118,518      92,077
    Equity earnings
      (loss) . . . . . .         (88)       210        (150)        231
    Other services . . .       2,674      1,691       4,178       3,410
                          ---------- ----------  ----------  ----------
                             141,778    211,231     259,176     297,626
   Operating expenses:
    Compensation,
      operating and
      administrative . .     133,553    165,194     255,961     252,715
    Depreciation and
      amortization . . .       3,451      1,857       6,328       3,630
                          ---------- ----------  ----------  ----------
                             137,004    167,051     262,289     256,345
                          ---------- ----------  ----------  ----------
    Operating income
      (loss) . . . . . .  $    4,774 $   44,180  $   (3,113) $   41,281
                          ========== ==========  ==========  ==========

    EBITDA . . . . . . .  $    8,225 $   46,037  $    3,215  $   44,911
                          ---------- ----------  ----------  ----------

LASALLE INVESTMENT
 MANAGEMENT
   Revenue:
    Transaction
      services . . . . .  $    6,214 $    5,411   $  10,439  $    7,930
    Advisory fees. . . .      72,552     54,295     144,683     108,214
    Incentive fees . . .      13,036     29,817      26,230      51,683
    Equity earnings
      (loss) . . . . . .         931      5,716      (1,237)      6,046
                          ---------- ----------  ----------  ----------
                              92,733     95,239     180,115     173,873
   Operating expenses:
    Compensation,
      operating and
      administrative . .      70,772     65,966     137,474     126,230
    Depreciation and
      amortization . . .         457        437         957         852
                          ---------- ----------  ----------  ----------
                              71,229     66,403     138,431     127,082
                          ---------- ----------  ----------  ----------
    Operating income . .  $   21,504 $   28,836  $   41,684  $   46,791
                          ========== ==========  ==========  ==========

    EBITDA . . . . . . .  $   21,961 $   29,773  $   42,641  $   47,643
                          ---------- ----------  ----------  ----------

- -------------------------------------------------------------------------





/continued





                      JONES LANG LASALLE INCORPORATED
                   SEGMENT OPERATING RESULTS - CONTINUED
         FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2008 AND 2007
                              (in thousands)
                                (Unaudited)


                            THREE MONTHS ENDED       SIX MONTHS ENDED
                                 JUNE 30,                JUNE 30,
                          ---------------------   ---------------------
                             2008       2007        2008        2007
                          ---------- ----------   ---------  ----------

    Total segment
      revenue. . . . . .     660,484    682,454   1,222,191   1,172,641
    Reclassification
      of equity
      earnings (loss). .         969      6,368      (1,244)      6,502
                          ---------- ----------  ----------  ----------
      Total revenue. . .  $  659,515 $  676,086  $1,223,435  $1,166,139
                          ========== ==========  ==========  ==========

      Total operating
       expenses before
       restructuring
       credits . . . . .  $  621,318 $  575,091  $1,177,502  $1,029,110
                          ========== ==========  ==========  ==========
      Operating income
       before restruc-
       turing credits. .  $   38,197 $  100,995  $   45,933  $  137,029
                          ========== ==========  ==========  ==========


Please reference attached financial statement notes.





                      JONES LANG LASALLE INCORPORATED
                        CONSOLIDATED BALANCE SHEETS
            JUNE 30, 2008, DECEMBER 31, 2007 AND JUNE 30, 2007
                              (in thousands)



                                  JUNE 30,                    JUNE 30,
                                   2008       DECEMBER 31,     2007
                                (UNAUDITED)      2007       (UNAUDITED)
                                -----------   -----------   -----------
ASSETS
- ------
Current assets:
  Cash and cash equivalents. . . $   67,650    $   78,580    $   37,513
  Trade receivables,
    net of allowances. . . . . .    665,137       834,865       581,272
  Notes and other
    receivables. . . . . . . . .     65,155        52,695        60,408
  Prepaid expenses . . . . . . .     39,017        26,148        30,319
  Deferred tax assets. . . . . .     89,281        64,872        48,034
  Other assets . . . . . . . . .     22,857        13,816        22,346
                                 ----------    ----------    ----------
      Total current assets . . .    949,097     1,070,976       779,892

  Property and equipment, at
    cost, less accumulated
    depreciation . . . . . . . .    220,174       193,329       146,926
  Goodwill, with indefinite
    useful lives . . . . . . . .    865,184       694,004       580,237
  Identified intangibles, with
    finite useful lives,
    at cost, less
    accumulated amortization . .     44,663        41,670        38,822
  Investments in real estate
    ventures . . . . . . . . . .    177,399       151,800       130,698
  Long-term receivables. . . . .     46,927        33,219        30,744
  Deferred tax assets. . . . . .     52,578        58,584        40,967
  Other assets . . . . . . . . .     55,740        48,292        47,607
                                 ----------    ----------    ----------
                                 $2,411,762    $2,291,874    $1,795,893
                                 ==========    ==========    ==========

LIABILITIES AND
SHAREHOLDERS' EQUITY
- --------------------
Current liabilities:
  Accounts payable and
    accrued liabilities. . . . . $  254,221    $  302,976    $  192,377
  Accrued compensation . . . . .    290,533       655,895       365,679
  Short-term borrowings. . . . .     23,288        14,385        30,239
  Deferred tax liabilities . . .      4,997           727         2,027
  Deferred income. . . . . . . .     30,364        29,756        22,796
  Deferred business
    acquisition obligations. . .     45,168        45,363        19,400
  Other liabilities. . . . . . .     73,354        60,193        39,593
                                 ----------    ----------    ----------
      Total current
        liabilities. . . . . . .    721,925     1,109,295       672,111











/continued





                      JONES LANG LASALLE INCORPORATED
                  CONSOLIDATED BALANCE SHEETS - CONTINUED
            JUNE 30, 2008, DECEMBER 31, 2007 AND JUNE 30, 2007
                              (in thousands)



                                  JUNE 30,                    JUNE 30,
                                   2008       DECEMBER 31,     2007
                                (UNAUDITED)      2007       (UNAUDITED)
                                -----------   -----------   -----------

Long-term liabilities:
  Credit facilities. . . . . . .    441,529        29,205       117,710
  Deferred tax liabilities . . .      1,470         6,577         1,289
  Deferred compensation. . . . .     40,718        46,423        47,267
  Pension liability. . . . . . .      1,101         1,096        20,152
  Deferred business
    acquisition obligations. . .     34,384        36,679        26,039
  Other liabilities. . . . . . .     53,237        43,794        41,266
                                 ----------    ----------    ----------
      Total liabilities. . . . .  1,294,364     1,273,069       925,834

Minority interest. . . . . . . .      9,939         8,272         --

Shareholders' equity:
  Common stock, $.01 par value
    per share, 100,000,000
    shares authorized;
    31,929,669, 31,722,587
    and 36,821,901 shares
    issued and outstanding
    as of June 30, 2008,
    December 31, 2007 and
    June 30, 2007,
    respectively . . . . . . . .        319           317           368
  Additional paid-in capital . .    476,312       441,951       706,050
  Retained earnings. . . . . . .    495,908       484,840       349,705
  Stock held by subsidiary . . .      --            --         (219,359)
  Stock held in trust. . . . . .     (1,980)       (1,930)       (1,427)
  Accumulated other compre-
    hensive income . . . . . . .    136,900        85,355        34,722
                                 ----------    ----------    ----------
      Total shareholders'
        equity . . . . . . . . .  1,107,459     1,010,533       870,059
                                 ----------    ----------    ----------
                                 $2,411,762    $2,291,874    $1,795,893
                                 ==========    ==========    ==========


Please reference attached financial statement notes.









                      JONES LANG LASALLE INCORPORATED
             SUMMARIZED CONSOLIDATED STATEMENTS OF CASH FLOWS
              FOR THE SIX MONTHS ENDED JUNE 30, 2008 AND 2007
                              (in thousands)
                                (Unaudited)



                                                   SIX MONTHS ENDED
                                                       JUNE 30,
                                               ------------------------
                                                  2008          2007
                                               ----------    ----------

Cash (used in) provided by
  operating activities . . . . . . . . . . . . $ (173,205)   $   20,303

Cash used in investing activities. . . . . . .   (242,671)     (108,681)

Cash provided by financing activities. . . . .    404,946        75,279
                                               ----------    ----------

      Net decrease in cash
        and cash equivalents . . . . . . . . .    (10,930)      (13,099)

Cash and cash equivalents,
  beginning of period. . . . . . . . . . . . .     78,580        50,612
                                               ----------    ----------

Cash and cash equivalents,
  end of period. . . . . . . . . . . . . . . . $   67,650    $   37,513
                                               ==========    ==========


Please reference attached financial statement notes.





                      JONES LANG LASALLE INCORPORATED
                         FINANCIAL STATEMENT NOTES


1.    EBITDA represents earnings before interest expense, net of interest
      income, income taxes, depreciation and amortization. Although EBITDA
      is a non-GAAP financial measure, it is used extensively by management
      and is useful to investors as one of the primary metrics for
      evaluating operating performance and liquidity. The firm believes
      that an increase in EBITDA is an indicator of improved ability to
      service existing debt, to sustain potential future increases in debt
      and to satisfy capital requirements.  EBITDA is also used in the
      calculations of certain covenants related to the firm's revolving
      credit facility. However, EBITDA should not be considered as an
      alternative either to net income or net cash provided by operating
      activities, both of which are determined in accordance with GAAP.
      Because EBITDA is not calculated under GAAP, the firm's EBITDA may
      not be comparable to similarly titled measures used by other
      companies.

      Below is a reconciliation of net income to EBITDA (in thousands):

                            THREE MONTHS ENDED       SIX MONTHS ENDED
                                 JUNE 30,                JUNE 30,
                          ---------------------   ---------------------
                             2008       2007        2008        2007
                          ---------- ----------   ---------  ----------

Net income . . . . . . .  $   24,516 $   77,932   $  27,356  $  105,175
Add:
Interest expense,
  net of interest
  income . . . . . . . .       3,560      3,830       4,736       5,668
Provision for income
  taxes. . . . . . . . .       8,973     28,632      10,116      38,556
Depreciation and
  amortization . . . . .      18,268     12,309      34,714      24,935
                          ---------- ----------  ----------  ----------
EBITDA . . . . . . . . .  $   55,317 $  122,703  $   76,922  $  174,334
                          ========== ==========  ==========  ==========


Below is a reconciliation of net cash provided by operating activities, the
most comparable cash flow measure on the consolidated statements of cash
flows, to EBITDA (in thousands):

                            THREE MONTHS ENDED       SIX MONTHS ENDED
                                 JUNE 30,                JUNE 30,
                          ---------------------   ---------------------
                             2008       2007        2008        2007
                          ---------- ----------   ---------  ----------

Net cash provided by
  (used in) operating
  activities . . . . . .   $  98,645 $  202,720  $ (173,205) $   20,303
Add:
Interest expense,
  net of interest
  income . . . . . . . .       3,560      3,830       4,736       5,668
Change in working
  capital and non-cash
  expenses . . . . . . .     (55,861)  (112,479)    235,275     109,807
Provision for
  income taxes . . . . .       8,973     28,632      10,116      38,556
                          ---------- ----------  ----------  ----------
EBITDA . . . . . . . . .  $   55,317 $  122,703  $   76,922  $  174,334
                          ========== ==========  ==========  ==========



/CONTINUED





                      JONES LANG LASALLE INCORPORATED
                   FINANCIAL STATEMENT NOTES - CONTINUED



2.    For purposes of segment operating results, the allocation of
      restructuring credits to our segments has been determined to not be
      meaningful to investors. Additionally, the performance of segment
      results has been evaluated without these charges being allocated.

3.    The consolidated statements of cash flows are presented in summarized
      form. For complete consolidated statements of cash flows, please
      refer to the firm's Quarterly Report on Form 10-Q for the quarter
      ended June 30, 2008, to be filed with the Securities and Exchange
      Commission shortly.

4.    EMEA refers to Europe, Middle East, and Africa.