EXHIBIT 99.1
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JONES LANG LASALLE
Real value in a changing world
SUPPLEMENTAL INFORMATION
SECOND QUARTER 2008 EARNINGS CALL
JONES LANG LASALLE - PAGE - 2:
Q2 2008 REVENUE PERFORMANCE
($ in millions)
[ Graphics indicating ]
AMERICAS EMEA
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2007 $179 2007 $197
2008 $190 2008 $236
6% INCREASE 20% INCREASE
ASIA PACIFIC LIM
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2007* $211 2007 $ 95
2008 $142 2008 $ 93
(33%) DECREASE (3%) DECREASE
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CONSOLIDATED
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2007* $676
2008 $660
(2%) DECREASE
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* Includes Asia Pacific Hotels advisory fee
JONES LANG LASALLE - PAGE - 3:
YTD Q2 2008 REVENUE PERFORMANCE
($ in millions)
[ Graphics indicating ]
AMERICAS EMEA
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2007 $327 2007 $374
2008 $364 2008 $419
11% INCREASE 12% INCREASE
ASIA PACIFIC LIM
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2007* $298 2007 $174
2008 $259 2008 $180
(13%) DECREASE 4% INCREASE
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CONSOLIDATED
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2007* $1,166
2008 $1,223
5% INCREASE
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* Includes Asia Pacific Hotels advisory fee
JONES LANG LASALLE - PAGE - 4:
Q2 2008 CAPITAL MARKETS AND HOTELS REVENUE
($ in millions)
[ Graphics indicating ]
AMERICAS EMEA
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2006 $20.9 2006 $50.6
2007 $24.9 2007 $68.1
19% INCREASE 35% INCREASE
2008 $14.9 2008 $50.4
(40%) DECREASE (26%) DECREASE
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ASIA PACIFIC CONSOLIDATED
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2006 $13.4 2006 $ 84.9
2007* $21.7 2007* $114.7
62% INCREASE 35% INCREASE
2008 $15.1 2008 $ 80.4
(30%) DECREASE (30%) DECREASE)
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* Excludes Asia Pacific Hotels advisory fee
JONES LANG LASALLE - PAGE - 5:
YTD Q2 2008 CAPITAL MARKETS AND HOTELS REVENUE
($ in millions)
[ Graphics indicating ]
AMERICAS EMEA
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2006 $35.2 2006 $ 83.5
2007 $45.8 2007 $146.0
30% INCREASE 75% INCREASE
2008 $22.7 2008 $ 91.9
(50%) DECREASE (37%) DECREASE
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ASIA PACIFIC CONSOLIDATED
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2006 $19.4 2006 $138.1
2007* $33.8 2007* $225.6
74% INCREASE 63% INCREASE
2008 $22.5 2008 $137.1
(33%) DECREASE (39%) DECREASE)
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* Excludes Asia Pacific Hotels advisory fee
JONES LANG LASALLE - PAGE - 6:
Q2 2008 LEASING REVENUE
($ in millions)
[ Graphics indicating ]
AMERICAS EMEA
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2006 $38.8 2006 $38.3
2007 $51.1 2007 $52.2
32% INCREASE 36% INCREASE
2008 $59.8 2008 $64.1
17% INCREASE 23% INCREASE
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ASIA PACIFIC CONSOLIDATED
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2006 $20.7 2006 $ 97.9
2007 $29.8 2007 $133.1
44% INCREASE 36% INCREASE
2008 $39.4 2008 $163.3
32% INCREASE 23% INCREASE
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JONES LANG LASALLE - PAGE - 7:
YTD Q2 2008 LEASING REVENUE
($ in millions)
[ Graphics indicating ]
AMERICAS EMEA
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2006 $ 67.3 2006 $ 67.2
2007 $ 92.3 2007 $ 87.6
37% INCREASE 30% INCREASE
2008 $117.0 2008 $109.6
27% INCREASE 25% INCREASE
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ASIA PACIFIC CONSOLIDATED
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2006 $ 34.8 2006 $169.3
2007 $ 46.9 2007 $226.8
35% INCREASE 34% INCREASE
2008 $ 66.7 2008 $293.3
42% INCREASE 29% INCREASE
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JONES LANG LASALLE - PAGE - 8:
Q2 2008 LASALLE INVESTMENT MANAGEMENT REVENUE
($ in millions)
[ Graphics indicating ]
ADVISORY AND TRANSACTION FEES INCENTIVE FEES
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2007 $59.7 2007 $29.8
2008 $78.8 2008 $13.0
32% INCREASE
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EQUITY EARNINGS CONSOLIDATED
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2007 $ 5.7 2007 $95.2
2008 $ 0.9 2008 $92.7
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JONES LANG LASALLE - PAGE - 9:
YTD Q2 2008 LASALLE INVESTMENT MANAGEMENT REVENUE
($ in millions)
[ Graphics indicating ]
ADVISORY AND TRANSACTION FEES INCENTIVE FEES
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2007 $116.2 2007 $ 51.7
2008 $155.1 2008 $ 26.2
33% INCREASE
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EQUITY EARNINGS (LOSS) CONSOLIDATED
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2007 $ 6.0 2007 $173.9
2008 ($ 1.2) 2008 $180.1
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JONES LANG LASALLE - PAGE - 10:
Q2 & YTD Q2 2008 ACQUISITION REVENUE
CONTRIBUTION FROM 2007 AND 2008 ACQUISITIONS TO 2008 RESULTS
($ in millions)
[ Graphics indicating ]
Q2 YTD Q2
2008 2008
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Expenses $ 48.4 $ 85.9
Integration Costs $ 1.3 $ 1.6
EBITDA $ 7.0 $ 8.8
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Total revenue $ 56.7 $ 96.3
JONES LANG LASALLE - PAGE - 11:
COST INITIATIVES
ACQUISITIONS CONTINUE TO DRIVE EXPENSE INCREASE
. AGGRESSIVE MANAGEMENT OF DISCRETIONARY SPEND
. HIRING FREEZE IN MOST MARKETS / STAFF REDEPLOYMENT TO
GROWTH MARKETS / SELECTIVE STAFF REDUCTIONS
. MOVING TO MORE HIGHLY VARIABLE COMPENSATION STRUCTURES
e.g. AMERICAS LEASING, STAUBACH AND KEMPER'S IN EMEA
. G-5: WORLD STANDARD BUSINESS OPERATIONS
- Centralized finance operations for the UK and a number
of other European countries to new shared service
operation in Warsaw, Poland
- Across EMEA, HR and CRM functions being supported by
new PeopleSoft technology platform
- Incremental YTD Q2 costs are $4M, with full
year expected to be $5M.
- 2009 operating expense savings expected to be
nearly $2M and $2.6M annually thereafter.
JONES LANG LASALLE - PAGE - 12:
Q2 2008 EBITDA PERFORMANCE
($ in millions)
[ Graphics indicating ]
AMERICAS EMEA
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2007 $25.2 2007 $19.2
2008 $18.1 2008 $ 9.2
ASIA PACIFIC LIM
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2007* $46.0 2007 $29.3
2008 $ 8.2 2008 $22.0
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CONSOLIDATED
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2007* $122.7
2008 $ 55.3
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* Includes Asia Pacific Hotels advisory fee
JONES LANG LASALLE - PAGE - 13:
YTD Q2 2008 EBITDA PERFORMANCE
($ in millions)
[ Graphics indicating ]
AMERICAS EMEA
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2007 $37.6 2007 $38.3
2008 $25.3 2008 $ 8.2
ASIA PACIFIC LIM
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2007* $44.9 2007 $47.6
2008 $ 3.2 2008 $42.6
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CONSOLIDATED
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2007* $174.3
2008 $ 76.9
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* Includes Asia Pacific Hotels advisory fee