8-K

                                UNITED STATES
                     SECURITIES AND EXCHANGE COMMISSION
                           WASHINGTON, D.C. 20549


                                  FORM 8-K


                               CURRENT REPORT
                     Pursuant to Section 13 or 15(d) of
                     the Securities Exchange Act of 1934



     Date of report (Date of earliest event reported):  October 27, 2009



                       JONES LANG LASALLE INCORPORATED
           ------------------------------------------------------
           (Exact name of registrant as specified in its charter)



      Maryland                      001-13145                36-4150422
- ------------------------      --------------------          ---------------
(State or other juris-        (Commission File              (IRS Employer
diction of incorporation)     Number)                       Identification
                                                            No.)



     200 East Randolph Drive, Chicago, IL                      60601
     ------------------------------------                   ----------
    (Address of Principal Executive Offices)                (Zip Code)



Registrant's telephone number, including area code:         (312) 782-5800



                               Not Applicable
       --------------------------------------------------------------
       (Former name or former address, if changed since last report.)



Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions (see General Instruction A.2. below):

  [  ]      Written communications pursuant to Rule 425 under the
            Securities Act (17 CFR 230.425)

  [  ]      Soliciting material pursuant to Rule 14a-12 under the
            Exchange Act (17 CFR 240.14a-12)

  [  ]      Pre-commencement communications pursuant to Rule 14d-2(b)
            under the Exchange Act (17 CFR 240.14d-2(b))

  [  ]      Pre-commencement communications pursuant to Rule 13e-4(c)
            under the Exchange Act (17 CFR 240.13e-4(c))





                                      1





ITEM 2.02  RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

      On October 27, 2009, Jones Lang LaSalle Incorporated issued a press
release and supporting supplemental information announcing its financial
results for the third quarter ended September 30, 2009. The full text of
the press release and supplemental information are attached as Exhibits
99.1 and 99.2 to this Current Report on Form 8-K and are incorporated by
reference herein.

      The information contained in this Current Report, including the
exhibits, shall not be deemed "filed" for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended (the Exchange Act), or
incorporated by reference in any filing under the Securities Act of 1933,
as amended, or the Exchange Act, except as shall be expressly set forth by
specific reference in such a filing.



ITEM 9.01  FINANCIAL STATEMENTS AND EXHIBITS

      (d)   Exhibits

            The following exhibits are included with this Report:

            99.1. Press release issued by Jones Lang LaSalle Incorporated
                  on October 27, 2009 announcing its financial results for
                  the third quarter ended September 30, 2009.

            99.2. Supplemental Information to third Quarter 2009 Earnings
                  Call issued on October 27, 2009.








































                                      2





                                 SIGNATURES


      Pursuant to the requirements of the Securities Exchange Act of 1934,
as amended, the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.



Dated:  October 27, 2009          JONES LANG LASALLE INCORPORATED



                                  By:     /s/ Lauralee E. Martin
                                          ------------------------------
                                  Name:   Lauralee E. Martin
                                  Title:  Executive Vice President,
                                          Chief Operating and
                                          Financial Officer



















































                                      3





                                EXHIBIT INDEX
                                -------------




EXHIBIT NO.       DESCRIPTION
- -----------       -----------

  99.1            Press release issued by Jones Lang LaSalle Incorporated
                  on October 27, 2009 announcing its financial results for
                  the third quarter ended September 30, 2009.

  99.2            Supplemental Information to third Quarter 2009 Earnings
                  Call issued on October 27, 2009.























































                                      4

EX-99.1

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

JONES LANG LASALLE                              NEWS RELEASE

Real value in a changing world


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


             JONES LANG LASALLE REPORTS THIRD QUARTER 2009 RESULTS

      Adjusted EPS of $0.61 per share and adjusted EBITDA of $66 million,
      excluding Restructuring and certain non-cash co-investment charges


CHICAGO, OCTOBER 27, 2009 - Jones Lang LaSalle Incorporated (NYSE: JLL), the
leading integrated financial and professional services firm specializing in
real estate, today reported net income of $20 million on a U.S. GAAP basis, or
$0.46 per share, for the quarter ended September 30, 2009, compared with $15
million, or $0.43 per share, for the quarter ended September 30, 2008.
Adjusting for Restructuring and certain non-cash co-investment charges in the
third quarter of 2009, net income would have been $27 million, or $0.61 per
share.  The firm's adjusted earnings before interest, taxes, depreciation and
amortization ("adjusted EBITDA") were $66 million for the third quarter of
2009.

On a year-to-date basis, the 2009 net loss was $56 million, or $1.50 per
share.  Adjusting for Restructuring and co-investment charges, however, the
year-to-date net income would have been $15 million, or $0.40 per share.
Adjusted EBITDA on a year-to-date basis was $126 million.

Revenue for the third quarter of 2009 was $595 million, a 12 percent decrease
in U.S. dollars, 9 percent in local currency, compared with the third quarter
of 2008.  Revenue for the first nine months of 2009 was $1.7 billion, a 12
percent decrease from $1.9 billion in 2008 but down only 6 percent in local
currency.

_________________________________________________________________________

THIRD-QUARTER 2009 HIGHLIGHTS:

  *   Reported revenue of $595 million, down only 9 percent in local
      currency despite generally weak real estate market fundamentals

  *   Corporate outsourcing trend continues to drive annuity revenue
      growth

  *   Over $100 million of net debt repayment driven by strong cash
      generation, reduced spending and aggressive working capital
      management

  *   Semi-annual dividend declared
__________________________________________________________________________

Third-quarter results included $4 million of Restructuring charges as well as
$4 million of non-cash co-investment charges.  There were $37 million of
Restructuring charges and $48 million of non-cash co-investment charges in the
first nine months of 2009.  Restructuring charges relate primarily to
severance and also include integration costs from the 2008 acquisitions of The
Staubach Company and Kemper's.  Restructuring charges are excluded from
segment operating results although they are included for consolidated
reporting.  The non-cash charges are primarily impairments of our investments
in real estate ventures and are included in Equity losses at the consolidated
and segment reporting levels.


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JONES LANG LASALLE REPORTS THIRD QUARTER 2009 RESULTS - PAGE 2


"We are pleased with our performance during the third quarter, particularly in
our annuity businesses, and with the results of our continued focus on cost
control," said Colin Dyer, Chief Executive Officer of Jones Lang LaSalle.
"While real estate fundamentals remain generally weak, we see initial signs of
recovery in some markets and industry sectors, and our focus remains on
growing market share while providing the superior service that our clients
have come to expect."


BUSINESS LINE REVENUE COMPARISON FOR THE PERIODS ENDING SEPTEMBER 30, 2009 AND
2008:
(in millions, "LC" = local currency)

                         Three Months              Nine Months
                            Ended        %            Ended          %
                       --------------  Change  ------------------  Change
                        2009    2008   In LC     2009      2008    In LC
                       ------  ------  ------  --------  --------  ------
Investor and
Occupier Services
- -----------------
Leasing                $181.9  $193.1     (4%) $  496.5  $  482.9      7%
Capital Markets
  and Hotels             53.2    81.1    (30%)    119.2     220.8    (39%)
Advisory, Consulting
  and Other              56.3    77.8    (23%)    176.5     259.2    (24%)
                       ------  ------          -------- ---------
    Total Transaction
      Services          291.4   352.0    (14%)    792.2     962.9    (12%)

Property Management,
  Facility Management
  and Other             164.3   141.0     18%     452.7     395.4     20%
Project & Development
  Services               68.1    91.2    (23%)    205.1     252.2    (13%)
                       ------  ------          --------  --------
    Total Management
      Services          232.4   232.2      2%     657.8     647.6      7%

Other                     5.6    11.6    (50%)     19.9      27.4    (21%)
                       ------  ------          --------  --------
    Total IOS Revenue  $529.4  $595.8     (8%) $1,469.9  $1,637.9     (4%)


LaSalle Investment
Management
- ------------------
Advisory fees          $ 61.2  $ 70.9    (10%) $  180.1  $  215.6    (10%)
Transaction and
  Incentive fees          4.7    10.4    (55%)     15.7      47.0    (64%)
                       ------  ------          --------  --------
    Total Investment
    Management         $ 65.9  $ 81.3    (16%) $  195.8  $  262.6    (20%)

                       ------  ------          --------  --------
Total Firm Revenue     $595.3  $677.1     (9%) $1,665.7  $1,900.5     (6%)
                       ======  ======          ========  ========


The firm is realizing benefits from the cost actions taken and continues its
cost discipline.  Excluding Restructuring charges, operating expenses were
$546 million, compared with $633 million in the third quarter of 2008.  On a
local currency basis, operating expenses excluding Restructuring charges were
down 14 percent for the quarter, 11 percent in local currency, and down 12
percent for the first nine months of the year, 5 percent in local currency.

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JONES LANG LASALLE REPORTS THIRD QUARTER 2009 RESULTS - PAGE 3


On a year-to-date basis, operating expenses excluding Restructuring charges
were $1.6 billion in 2009, compared with $1.8 billion for the first nine
months of 2008.

BALANCE SHEET AND DIVIDEND

At the end of the third quarter, the outstanding balance on the firm's
long-term credit facilities was $292 million, a $106 million reduction from
June 30, 2009, resulting from strong cash generation, reduced acquisition and
capital spending and aggressive working capital management.   The long-term
credit facilities balance at the end of the third quarter 2008 was $543
million.  The firm was well within the covenant requirements under its bank
agreements.

The firm announced that its Board of Directors declared a semi-annual dividend
of $0.10 per share of its common stock.  This is consistent with the
semi-annual dividend paid in June 2009.  The dividend payment will be made on
Tuesday, December 15, 2009, to holders of record at the close of business on
Friday, November 13, 2009.


BUSINESS SEGMENT THIRD-QUARTER PERFORMANCE HIGHLIGHTS

INVESTOR AND OCCUPIER SERVICES

  *   Third-quarter revenue in the AMERICAS region was $239 million, a
      decrease of 6 percent from the prior year.  Revenue for the first
      nine months of 2009 was $687 million, an increase of 11 percent
      over the first nine months of 2008, primarily as a result of the
      Staubach acquisition in the third quarter of 2008.

      Transaction Services revenue decreased 3 percent in the third
      quarter, to $130 million, but increased 25 percent year to date, to
      $377 million.  Total Leasing revenue increased 23 percent in the
      quarter, to $120 million, up from $98 million in 2008.  In the first
      nine months of the year, Leasing revenue increased 53 percent, to
      $327 million.  Management Services revenue for the third quarter of
      2009 decreased 10 percent, to $105 million, and 1 percent year to
      date, to $301 million, as revenue from new corporate outsourcing wins
      was more than offset by reductions in Project & Development Services
      with clients remaining cautious about capital expenditures.

      Operating expenses were $209 million in the third quarter of 2009, a
      decrease of 12 percent from the same period of 2008 despite incurring
      10 additional days of cost due to the inclusion of Staubach for the
      full third quarter of 2009 compared with a partial quarter in 2008.
      Year-to-date operating expenses were $644 million, an increase of 9
      percent from $590 million in 2008 primarily due to the additional
      cost structure from the Staubach acquisition in the third quarter of
      2008, which has impacted all of 2009.

      The region's EBITDA for the third quarter of 2009 was $39 million
      compared with $34 million in the third quarter of 2008.

   *  EMEA's third-quarter 2009 revenue was $154 million compared with $209
      million in 2008, a decrease of 26 percent, 19 percent in local
      currency, driven by continued reductions in transaction volumes
      across the region.  Revenue on a year-to-date basis was $418 million,
      compared with $628 million for the first nine months of 2008, a
      reduction of 33 percent, 22 percent in local currency.  On a U.S.
      dollar basis, the decreases were driven by Capital Markets and
      Hotels, down $15 million in the third quarter and $69 million year to
      date, and Leasing revenue, down $27 million for the quarter and $70
      million year to date.  Capital Markets and Hotels revenue was down 26



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JONES LANG LASALLE REPORTS THIRD QUARTER 2009 RESULTS - PAGE 4


      percent in local currency for the quarter and 42 percent on a
      year-to-date basis.  Leasing revenue was down 37 percent in local
      currency for the quarter and 31 percent for the first nine months
      of 2009. Management Services revenue, which is primarily annuity
      revenue, increased 2 percent for the quarter, 10 percent in local
      currency. For the first nine months of 2009, Management Services
      revenue was $150 million, down 8 percent compared with the same
      period of 2008 but up 7 percent in local currency.

      Operating expenses were $158 million in the third quarter, $444
      million year to date, decreases of 22 and 29 percent, respectively,
      from the prior year.  Third quarter expenses included incentive
      compensation accruals in the period reflecting improved seasonal
      performance in certain businesses despite the regional loss.  In
      local currency, the quarterly and year-to-date decreases were 14
      percent and 17 percent, respectively.  Cost reductions were the
      result of aggressive actions taken across the region.

      The region's EBITDA for the third quarter of 2009 was $1 million
      compared with $14 million in the third quarter of 2008.

   *  Revenue for the ASIA PACIFIC region was $136 million for the third
      quarter of 2009, compared with $133 million for the same period in
      2008.  On a year-to-date basis, revenue was $361 million in 2009
      compared with $392 million in 2008.  In local currency, revenue was
      up 5 percent in the quarter and down 1 percent year to date compared
      with 2008.

      Management Services revenue in the region increased to $72 million, a
      17 percent increase from the third quarter of 2008, 18 percent in
      local currency.  On a year-to-date basis, Management Services revenue
      increased 15 percent, 22 percent in local currency.  The significant
      year-over-year increase demonstrates the firm's continued strength in
      corporate outsourcing, facility management and property management.
      Transaction Services revenue was $62 million for the quarter, a 12
      percent decrease from 2008, 9 percent in local currency.  Transaction
      Services revenue decreased 27 percent for the first nine months of
      the year, 20 percent in local currency, to $151 million.   Within
      Transaction Services revenue, Capital Markets and Hotels revenue was
      up 8 percent in local currency in the quarter but down 10 percent
      year to date.  Leasing revenue was down 19 percent in local currency
      for the quarter and 25 percent in local currency year to date.

      Operating expenses for the region were $129 million for the third
      quarter, $354 million for the first nine months of 2009.  Operating
      expenses decreased 3 percent for the quarter, 1 percent in local
      currency, and 10 percent year to date, 3 percent in local currency.
      The decreases were achieved despite incremental costs primarily
      related to serving more corporate outsourcing clients compared with
      the same periods of 2008.

      The region's EBITDA for the third quarter of 2009 was $10 million
      compared with $4 million in the third quarter of 2008.














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JONES LANG LASALLE REPORTS THIRD QUARTER 2009 RESULTS - PAGE 5


LASALLE INVESTMENT MANAGEMENT

      LASALLE INVESTMENT MANAGEMENT's third-quarter revenue was $61
      million, compared with $81 million in the prior year.  On a
      year-to-date basis, revenue was $144 million compared with $261
      million in the first nine months of 2008.  Equity losses of $5
      million and $52 million, primarily from non-cash charges related to
      co-investments, were included in third-quarter and year-to-date 2009
      revenue, respectively.  Advisory fees were $61 million in the
      quarter, down $10 million from the third quarter of 2008 or 14
      percent, 10 percent in local currency.  Third-quarter 2009 Advisory
      fees compared favorably with Advisory fees of approximately $60
      million in each of the first and second quarters of 2009 despite
      valuation decline impacts and market fee pressures.

      The business recognized $4 million of Incentive fees in the third
      quarter of 2009 as a result of liquidating a matured fund, and $12
      million in the first nine months of the year.  Asset purchases, a key
      driver of Transaction fees, continued to be limited by the cautious
      view of the market.

      LaSalle Investment Management raised $1.5 billion of equity from
      clients during the third quarter of 2009, $3.1 billion year to date,
      and assets under management were $37.6 billion.


SUMMARY

The firm continues to benefit from its market-leading positions, strong
annuity revenue base and aggressive cost management.  Generally weak real
estate market fundamentals persist despite early improved global economic
indicators.  The firm's strong balance sheet provides operating flexibility to
protect and enhance market positions and to emerge stronger when real estate
markets recover.


Statements in this press release regarding, among other things, future
financial results and performance, achievements, plans and objectives,
dividend payments and share repurchases 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, 2008, and in the Quarterly Reports on Form 10-Q
for the quarters ended March 31, 2009, and June 30, 2009, and in other reports
filed with the Securities and Exchange Commission.  There can be no assurance
that future dividends will be declared since the actual declaration of future
dividends, and the establishment of record and payment dates, remains subject
to final determination by the Company's Board of Directors.  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.








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JONES LANG LASALLE REPORTS THIRD QUARTER 2009 RESULTS - PAGE 6


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 2008 global revenue of $2.7 billion, Jones
Lang LaSalle serves clients in 60 countries from 750 locations worldwide
including 180 corporate offices.  The firm is an industry leader in property
and corporate facility management services, with a portfolio of approximately
1.4 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 over $37 billion of assets under management.
For further information, please visit our Web site, www.joneslonglasalle.com.

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


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JONES LANG LASALLE REPORTS THIRD QUARTER 2009 RESULTS - PAGE 7


CONFERENCE CALL

The firm will conduct a conference call for shareholders, analysts and
investment professionals on Wednesday, October 28 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:              34518605


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=62698 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
      prnwebcast@multivu.com


SUPPLEMENTAL INFORMATION

Supplemental information regarding the third quarter 2009 earnings call has
been posted to the Investor Relations section of the company's Web site:
www.joneslanglasalle.com.


CONFERENCE CALL REPLAY

Available: 12:00 p.m. EDT Wednesday, October 28 through 11:59 p.m. EST
Wednesday, November 4 at the following numbers:

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

      *     International callers:  +1 706 645 9291

      *     Pass code:              34518605


WEB AUDIO REPLAY

Audio replay will be available for download or stream within 24 hours of the
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 Operations
        For the Three and Nine Months Ended September 30, 2009 and 2008
                       (in thousands, except share data)
                                  (Unaudited)


                              Three Months Ended     Nine Months Ended
                                 September 30,         September 30,
                            --------------------- ---------------------
                               2009       2008       2009       2008
                            ---------- ---------- ---------- ----------
Revenue                     $  595,302 $  677,084 $1,665,651 $1,900,519

Operating expenses:
  Compensation and
    benefits                   380,029    449,185  1,103,960  1,259,233
  Operating, administra-
    tive and other             147,744    154,767    426,020    487,508
  Depreciation and
    amortization                18,720     29,194     64,608     63,908
  Restructuring charges          4,181     10,461     36,608     10,273
                            ---------- ---------- ---------- ----------
    Total operating
      expenses                 550,674    643,607  1,631,196  1,820,922
                            ---------- ---------- ---------- ----------

    Operating income            44,628     33,477     34,455     79,597

Interest expense,
  net of interest income        16,304     12,496     43,590     17,232
Equity losses from
  unconsolidated ventures       (4,960)      (694)   (56,230)    (1,938)
                            ---------- ---------- ---------- ----------
Income (loss) before
  income taxes and
  noncontrolling interest       23,364     20,287    (65,365)    60,427
Provision (benefit) for
  income taxes                   3,505      5,112     (9,806)    15,228
                            ---------- ---------- ---------- ----------
Net income (loss)               19,859     15,175    (55,559)    45,199
Net income attributable to
  noncontrolling interest           88        171        290      1,838
                            ---------- ---------- ---------- ----------
Net income (loss) attribu-
  table to the Company      $   19,771 $   15,004 $  (55,849)$   43,361
                            ========== ========== ========== ==========

Net income (loss)
  attributable to common
  shareholders              $   19,771 $   15,004 $  (56,135)$   42,358
                            ========== ========== ========== ==========

Basic earnings (loss)
  per common share          $     0.47 $     0.44 $    (1.50)$     1.30
                            ========== ========== ========== ==========
Basic weighted average
  shares outstanding        41,762,451 34,217,379 37,432,242 32,627,905
                            ========== ========== ========== ==========

Diluted earnings (loss)
  per common share          $     0.46 $     0.43 $    (1.50)$     1.25
                            ========== ========== ========== ==========
Diluted weighted average
  shares outstanding        43,299,868 35,035,602 37,432,242 33,965,981
                            ========== ========== ========== ==========

EBITDA                      $   58,300 $   61,806 $   42,257 $  138,726
                            ========== ========== ========== ==========

Please reference attached financial statement notes.





                        JONES LANG LASALLE INCORPORATED
                           Segment Operating Results
        For the Three and Nine Months Ended September 30, 2009 and 2008
                                (in thousands)
                                  (Unaudited)


                              Three Months Ended     Nine Months Ended
                                 September 30,         September 30,
                            --------------------- ---------------------
                               2009       2008       2009       2008
                            ---------- ---------- ---------- ----------
INVESTOR &
OCCUPIER SERVICES
 AMERICAS
  Revenue:
    Transaction services    $  130,346 $  134,176 $  376,757 $  301,599
    Management services        105,264    116,332    301,424    304,631
    Equity income (losses)          30      --        (1,181)        41
    Other services               3,124      3,564      9,941     11,538
                            ---------- ---------- ---------- ----------
                               238,764    254,072    686,941    617,809
  Operating expenses:
    Compensation, operating
      and administrative
      expenses                 199,816    220,378    605,390    558,773
    Depreciation and
      amortization               9,672     16,820     38,111     31,363
                            ---------- ---------- ---------- ----------
                               209,488    237,198    643,501    590,136
                            ---------- ---------- ---------- ----------
    Operating income        $   29,276 $   16,874 $   43,440 $   27,673
                            ========== ========== ========== ==========

    EBITDA                  $   38,948 $   33,694 $   81,551 $   59,036
                            ---------- ---------- ---------- ----------

 EMEA
  Revenue:
    Transaction services    $   98,773 $  147,436 $  264,735 $  454,307
    Management services         55,196     54,288    149,675    162,876
    Equity income (losses)          19         (3)      (940)        99
    Other services                 254      6,840      4,404     10,441
                            ---------- ---------- ---------- ----------
                               154,242    208,561    417,874    627,723
  Operating expenses:
    Compensation, operating
      and administrative
      expenses                 152,909    194,693    428,225    605,652
    Depreciation and
      amortization               5,265      7,978     15,641     20,864
                            ---------- ---------- ---------- ----------
                               158,174    202,671    443,866    626,516
                            ---------- ---------- ---------- ----------
    Operating (loss) income $   (3,932)$    5,890 $  (25,992)$    1,207
                            ========== ========== ========== ==========

    EBITDA                  $    1,333 $   13,868 $  (10,351)$   22,071
                            ---------- ---------- ---------- ----------






                        JONES LANG LASALLE INCORPORATED
                     Segment Operating Results - Continued
        For the Three and Nine Months Ended September 30, 2009 and 2008
                                (in thousands)
                                  (Unaudited)


                              Three Months Ended     Nine Months Ended
                                 September 30,         September 30,
                            --------------------- ---------------------
                               2009       2008       2009       2008
                            ---------- ---------- ---------- ----------
 ASIA PACIFIC
  Revenue:
    Transaction services    $   62,272 $   70,384 $  150,653 $  207,014
    Management services         71,943     61,568    206,736    180,087
    Equity losses                --          (556)    (2,371)      (705)
    Other services               2,216      1,159      5,515      5,337
                            ---------- ---------- ---------- ----------
                               136,431    132,555    360,533    391,733
  Operating expenses:
    Compensation, operating
      and administrative
      expenses                 126,076    128,978    345,131    384,938
    Depreciation and
      amortization               3,205      3,634      9,198      9,962
                            ---------- ---------- ---------- ----------
                               129,281    132,612    354,329    394,900
                            ---------- ---------- ---------- ----------
    Operating income
      (loss)                $    7,150 $      (57)$    6,204 $   (3,167)
                            ========== ========== ========== ==========

    EBITDA                  $   10,355 $    3,577 $   15,402 $    6,795
                            ---------- ---------- ---------- ----------

LASALLE INVESTMENT
 MANAGEMENT
  Revenue:
    Transaction and
      other services        $    1,213 $    4,047 $    3,881 $   14,485
    Advisory fees               61,177     70,963    180,063    215,647
    Incentive fees               3,524      6,327     11,867     32,557
    Equity losses               (5,009)      (135)   (51,738)    (1,373)
                            ---------- ---------- ---------- ----------
                                60,905     81,202    144,073    261,316
  Operating expenses:
    Compensation, operating
      and administrative
      expenses                  48,972     59,903    151,235    197,378
    Depreciation and
      amortization                 578        762      1,657      1,719
                            ---------- ---------- ---------- ----------
                                49,550     60,665    152,892    199,097
                            ---------- ---------- ---------- ----------
    Operating income (loss) $   11,355 $   20,537 $   (8,819)$   62,219
                            ========== ========== ========== ==========

    EBITDA                  $   11,933 $   21,299 $   (7,162)$   63,938
                            ---------- ---------- ---------- ----------

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





                        JONES LANG LASALLE INCORPORATED
                     Segment Operating Results - Continued
        For the Three and Nine Months Ended September 30, 2009 and 2008
                                (in thousands)
                                  (Unaudited)


                              Three Months Ended     Nine Months Ended
                                 September 30,         September 30,
                            --------------------- ---------------------
                               2009       2008       2009       2008
                            ---------- ---------- ---------- ----------

    Total segment revenue      590,342    676,390  1,609,421  1,898,581
    Reclassification of
      equity losses             (4,960)      (694)   (56,230)    (1,938)
                            ---------- ---------- ---------- ----------
       Total revenue        $  595,302 $  677,084 $1,665,651 $1,900,519
                            ========== ========== ========== ==========

       Total operating
        expenses before
        restructuring
        charges                546,493    633,146  1,594,588  1,810,649
                            ---------- ---------- ---------- ----------
       Operating income
        before restruc-
        turing charges      $   48,809 $   43,938 $   71,063 $   89,870
                            ========== ========== ========== ==========


Please reference attached financial statement notes.





                        JONES LANG LASALLE INCORPORATED
                          Consolidated Balance Sheets
         September 30, 2009, December 31, 2008 and September 30, 2008
                                (in thousands)


                              September 30,                September 30,
                                  2009       December 31,      2008
                               (Unaudited)      2008        (Unaudited)
                              -------------  ------------  -------------
ASSETS
- ------
Current assets:
  Cash and cash equivalents     $   56,611     $   45,893    $   63,563
  Trade receivables,
    net of allowances              572,981        718,804       685,639
  Notes and other receivables       77,874         89,636        87,906
  Prepaid expenses                  36,668         32,990        37,734
  Deferred tax assets              129,177        102,934        63,576
  Other                             15,175          9,511        10,819
                                ----------     ----------    ----------
    Total current assets           888,486        999,768       949,237

Property and equipment, net
  of accumulated depreciation      216,115        224,845       220,068
Goodwill, with indefinite
  useful lives                   1,447,611      1,448,663     1,479,596
Identified intangibles, with
  finite useful lives, net of
  accumulated amortization          39,947         59,319        72,737
Investments in real estate
  ventures                         157,093        179,875       180,589
Long-term receivables               54,009         51,974        53,170
Deferred tax assets                 74,733         58,639        38,289
Others, net                        115,415         53,942        47,979
                                ----------     ----------    ----------
    Total assets                $2,993,409     $3,077,025    $3,041,665
                                ==========     ==========    ==========

LIABILITIES AND EQUITY
- ----------------------
Current liabilities:
  Accounts payable and
    accrued liabilities         $  305,711     $  352,489    $  352,262
  Accrued compensation             313,999        487,895       352,305
  Short-term borrowings             57,161         24,570        18,668
  Deferred tax liabilities           3,357          2,698         5,131
  Deferred income                   35,160         29,213        29,101
  Deferred business
    acquisition obligations        101,794         13,073        43,332
  Other                             84,951         77,947        78,466
                                ----------     ----------    ----------
    Total current liabilities      902,133        987,885       879,265

Noncurrent liabilities:
  Credit facilities                292,286        483,942       543,209
  Deferred tax liabilities           4,511          4,429         5,474
  Deferred compensation             28,191         44,888        39,823
  Pension liabilities                4,360          4,101         1,765
  Deferred business acquisition
    obligations                    290,518        371,636       370,269
  Minority shareholder
    redemption liability            45,914         43,313        44,080
  Other                             84,770         65,026        64,198
                                ----------     ----------    ----------
    Total liabilities            1,652,683      2,005,220     1,948,083







                        JONES LANG LASALLE INCORPORATED
                    Consolidated Balance Sheets - Continued
         September 30, 2009, December 31, 2008 and September 30, 2008
                                (in thousands)


                              September 30,                September 30,
                                  2009       December 31,      2008
                               (Unaudited)      2008        (Unaudited)
                              -------------  ------------  -------------

Company Shareholders' Equity:
  Common stock, $.01 par value
    per share, 100,000,000
    shares authorized;
    41,834,319, 34,561,648
    and 34,491,093 shares
    issued and outstanding as
    of September 30, 2009,
    December 31, 2008 and
    September 30, 2008,
    respectively                       418            346           345
  Additional paid-in capital       841,430        599,742       572,241
  Retained earnings                483,654        543,318       510,911
  Shares held in trust              (5,276)        (3,504)       (3,480)
  Accumulated other
    comprehensive income
    (loss)                          16,688        (72,220)        9,595
                                ----------     ----------    ----------
    Total Company share-
      holders' equity            1,336,914      1,067,682     1,089,612
  Noncontrolling interest            3,812          4,123         3,970
                                ----------     ----------    ----------
    Total equity                 1,340,726      1,071,805     1,093,582
                                ----------     ----------    ----------
    Total liabilities and
      equity                    $2,993,409     $3,077,025    $3,041,665
                                ==========     ==========    ==========


Please reference attached financial statement notes.





                        JONES LANG LASALLE INCORPORATED
               Summarized Consolidated Statements of Cash Flows
             For the Nine Months Ended September 30, 2009 and 2008
                                (in thousands)
                                  (Unaudited)


                                                   Nine Months Ended
                                                     September 30,
                                               ------------------------
                                                  2009          2008
                                               ----------    ----------

Cash provided by (used in) operating
  activities                                   $   43,861    $ (113,122)

Cash used in investing activities                 (71,665)     (391,798)

Cash provided by financing activities              38,522       489,903
                                               ----------    ----------

    Net increase (decrease) in
      cash and cash equivalents                    10,718       (15,017)

Cash and cash equivalents,
  beginning of period                              45,893        78,580
                                               ----------    ----------

Cash and cash equivalents,
  end of period                                $   56,611    $   63,563
                                               ==========    ==========


Please reference attached financial statement notes.





                        JONES LANG LASALLE INCORPORATED
                           Financial Statement Notes

1.    Charges excluded from GAAP net income (loss) to arrive at adjusted
      net income for the three and nine months ended September 30, 2009,
      are integration costs related to the Staubach and Kemper's
      acquisitions completed in 2008, severance costs and non-cash charges
      related to co-investments.

      Below are reconciliations of GAAP net income (loss) to adjusted net
      income and calculations of earnings (loss) per share ("EPS"), for
      each net income (loss) total (in millions after tax, except per
      share):

                                 Three Months Ended   Nine Months Ended
                                    September 30,       September 30,
                                 ------------------  ------------------
                                   2009      2008      2009      2008
                                 --------  --------  --------  --------

      GAAP net income (loss)     $   19.8  $   15.0  $  (56.1) $   42.4
      Shares (in 000's)            43,300    35,036    37,432    33,966
                                 --------  --------  --------  --------
      GAAP earnings (loss)
        per share                $   0.46  $   0.43  $  (1.50) $   1.25
                                 ========  ========  ========  ========

      GAAP net income (loss)     $   19.8  $   15.0  $  (56.1) $   42.4
      Restructuring, net of tax       3.6       7.8      31.1       7.7
      Non-cash co-investment
        charges, net of tax           3.2       0.2      40.4       0.6
                                 --------  --------  --------  --------
      Adjusted net income            26.6      23.0      15.4      50.7

      Shares (in 000's)            43,300    35,036    38,880    33,966
                                 --------  --------  --------  --------
      Adjusted earnings
        per share                $   0.61  $   0.66  $   0.40  $   1.49
                                 ========  ========  ========  ========

      Basic shares outstanding are used in the calculation of year-to-date
      2009 GAAP EPS as the use of dilutive shares outstanding would cause
      that EPS calculation to be anti-dilutive.

2.    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 and lenders as one of the primary metrics
      for evaluating operating performance and liquidity. The firm believes
      that EBITDA is an indicator of 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 (loss) to EBITDA and adjusted
      EBITDA (in thousands):

                                 Three Months Ended   Nine Months Ended
                                    September 30,       September 30,
                                 ------------------  ------------------
                                   2009      2008      2009      2008
                                 --------  --------  --------  --------

      Net income (loss)          $ 19,771  $ 15,004  $(56,135) $ 42,358
      Add (deduct):
        Interest expense, net
          of interest income       16,304    12,496    43,590    17,232
      Provision (benefit) for
        income taxes                3,505     5,112    (9,806)   15,228
      Depreciation and
        amortization               18,720    29,194    64,608    63,908
                                 --------  --------  --------  --------
      EBITDA                     $ 58,300  $ 61,806  $ 42,257  $138,726
                                 ========  ========  ========  ========

      Add:
      Non-cash co-investment
        charges                     3,728       322    47,575       946
      Restructuring                 4,181    10,461    36,608    10,273
                                 --------  --------  --------  --------
      Adjusted EBITDA            $ 66,209  $ 72,589  $126,440  $149,945
                                 ========  ========  ========  ========

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

                                 Three Months Ended   Nine Months Ended
                                    September 30,       September 30,
                                 ------------------  ------------------
                                   2009      2008      2009      2008
                                 --------  --------  --------  --------

      Net cash provided by
        (used in) operating
        activities               $127,936  $ 60,085  $ 43,861 $(113,122)
      Add (deduct):
      Interest expense, net
        of interest income         16,304    12,496    43,590    17,232
      Change in working capital
        and non-cash expenses     (89,445)  (15,887)  (35,388)  219,388
      Provision (benefit) for
        income taxes                3,505     5,112    (9,806)   15,228
                                 --------  --------  --------  --------
      EBITDA                     $ 58,300  $ 61,806  $ 42,257  $138,726
                                 ========  ========  ========  ========
      Add:
      Non-cash co-investment
        charges                     3,728       322    47,575       946
      Restructuring                 4,181    10,461    36,608    10,273
                                 --------  --------  --------  --------
      Adjusted EBITDA            $ 66,209  $ 72,589  $126,440  $149,945
                                 ========  ========  ========  ========

3.    For purposes of segment operating results, the allocation of
      restructuring charges to our segments has been determined to not be
      meaningful to investors, so the performance of segment results has
      been evaluated without allocation of these charges.






4.    Each geographic region offers our full range of Investor Services,
      Capital Markets and Occupier Services. The Investor and Occupier
      Services business consists primarily of tenant representation and
      agency leasing, capital markets and valuation services (collectively
      "transaction services") and property management, facilities
      management, project and development management, energy management and
      sustainability, and construction management services (collectively
      "management services").  The Investment Management segment provides
      investment management services to institutional investors and
      high-net-worth individuals.

5.    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 September 30, 2009, to be filed with the Securities and
      Exchange Commission shortly.

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

7.    Certain prior year amounts have been reclassified to conform to the
      current presentation.

EX-99.2

EXHIBIT 99.2
- ------------






JONES LANG LASALLE
Real value in a changing world



                           SUPPLEMENTAL INFORMATION
                       THIRD QUARTER 2009 EARNINGS CALL





JONES LANG LASALLE - PAGE - 2:



             RECONCILIATION OF GAAP TO ADJUSTED NET INCOME (LOSS)

($ in millions except Shares and per share data)



                            Three Months Ended       Nine Months Ended
                               September 30,           September 30,
                           --------------------    --------------------
                             2009        2008        2009        2008
                           --------    --------    --------    --------

GAAP Net Income (Loss)     $   19.8    $   15.0    $  (56.1)   $   42.4
Shares (in 000's)            43,300      35,036      37,432      33,966
                           --------    --------    --------    --------
GAAP Earnings (Loss)
  per share                $   0.46    $   0.43    $  (1.50)   $   1.25
                           ========    ========    ========    ========


GAAP Net Income (Loss)     $   19.8    $   15.0    $  (56.1)   $   42.4
Restructuring, net of tax       3.6         7.8        31.1         7.7
Non-cash co-investment
  charges, net of tax           3.2         0.2        40.4         0.6
                           --------    --------    --------    --------
Adjusted Net Income        $   26.6    $   23.0    $   15.4    $   50.7
                           ========    ========    ========    ========

Shares (in 000's)            43,300      35,036      38,880      33,966
                           --------    --------    --------    --------
Adjusted Earnings
  per share                $   0.61    $   0.66    $   0.40    $   1.49
                           ========    ========    ========    ========



Note: Basic shares outstanding are used in the calculation of year-to-date
      2009 GAAP EPS as the use of dilutive shares outstanding would cause
      that EPS calculation to be anti-dilutive.









JONES LANG LASALLE - PAGE - 3:



                     Q3 2009 ADJUSTED EBITDA* PERFORMANCE


($ in millions)

[ Graphics indicating ]




                                         2008        2009
                                       --------    --------

            Americas                   $   33.7    $   38.9

            EMEA                       $   13.9    $    1.4

            Asia Pacific               $    3.6    $   10.4

            LIM                        $   21.6    $   15.6

            Consolidated               $   72.6    $   66.2



  *   Refer to page 17 for Reconciliation of GAAP Net Income to EBITDA and
      adjusted EBITDA for the three months ended September 30, 2009 and
      2008 for details relative to these adjusted EBITDA calculations.
      Segment adjusted EBITDA is calculated by adding the segment's
      Depreciation and amortization and non-cash co-investment charges to
      its reported Operating income (loss), which excludes Restructuring
      charges.  Consolidated adjusted EBITDA is the sum of the adjusted
      EBITDA of the four segments less net income attributable to non-
      controlling interests.









JONES LANG LASALLE - PAGE - 4:



                          Q3 2009 REVENUE PERFORMANCE


($ in millions; "LC" = Local Currency)

[ Graphics indicating ]


                                                         Increase
                                            2008-09     (Decrease)
                                           Increase      in Local
                    2008        2009      (Decrease)     Currency
                   ------      ------     ----------    ----------

Americas           $254.1      $238.8           (6%)          n/a

EMEA               $208.6      $154.2          (26%)         (19%)

Asia Pacific       $132.5      $136.4            3%            5%

LIM                $ 81.2      $ 60.9          (25%)         (22%)

Consolidated       $677.1      $595.3          (12%)          (9%)



Note: Equity losses of $0.7M in 2008 and $5.0M in 2009 are included in
      segment results, however, are excluded from Consolidated totals.









JONES LANG LASALLE - PAGE - 5:



                  Q3 2009 CAPITAL MARKETS AND HOTELS REVENUE


($ in millions; "LC" = Local Currency)

[ Graphics indicating ]


                                                         Increase
                                            2008-09     (Decrease)
                                           Increase      in Local
                    2008        2009      (Decrease)     Currency
                   ------      ------     ----------    ----------

Americas           $ 21.3      $  8.1          (62%)          n/a

EMEA               $ 45.5      $ 30.2          (34%)         (26%)

Asia Pacific       $ 14.3      $ 14.9            4%            8%

Consolidated       $ 81.1      $ 53.2          (34%)         (30%)









JONES LANG LASALLE - PAGE - 6:



                            Q3 2009 LEASING REVENUE


($ in millions; "LC" = Local Currency)

[ Graphics indicating ]


                                                         Increase
                                            2008-09     (Decrease)
                                           Increase      in Local
                    2008        2009      (Decrease)     Currency
                   ------      ------     ----------    ----------

Americas           $ 97.5      $120.2           23%           n/a

EMEA               $ 63.0      $ 36.0          (43%)         (37%)

Asia Pacific       $ 32.6      $ 25.7          (21%)         (19%)

Consolidated       $193.1      $181.9           (6%)          (4%)









JONES LANG LASALLE - PAGE - 7:



                      Q3 2009 MANAGEMENT SERVICES REVENUE


($ in millions; "LC" = Local Currency)

[ Graphics indicating ]


                                                               Increase
                                                  2008-09     (Decrease)
                                                 Increase      in Local
                          2008        2009      (Decrease)     Currency
                         ------      ------     ----------    ----------

Property Management,
  Facility Management
  and Other              $141.0      $164.3           17%           18%

Project & Development
  Services               $ 91.2      $ 68.1          (25%)         (23%)

Management Services      $232.2      $232.4            0%            2%









JONES LANG LASALLE - PAGE - 8:



                 Q3 2009 LASALLE INVESTMENT MANAGEMENT REVENUE


($ in millions; "LC" = Local Currency)

[ Graphics indicating ]


                                                               Increase
                                                  2008-09     (Decrease)
                                                 Increase      in Local
                          2008        2009      (Decrease)     Currency
                         ------      ------     ----------    ----------

Advisory Fees            $ 70.9      $ 61.2          (14%)         (10%)

Transaction &
  Incentive Fees         $ 10.4      $  4.7          (55%)         (55%)

Equity Losses            $ (0.1)     $ (5.0)          n.m.          n.m.

Consolidated             $ 81.2      $ 60.9          (25%)         (22%)



Notes:

  .   LIM Q3 2008 non-cash co-investment charges of $0.3M included in
      Equity Losses

  .   LIM Q3 2009 non-cash co-investment charges of $3.7M included in
      Equity Losses

  .   n.m. - not meaningful









JONES LANG LASALLE - PAGE - 9:



               AGGRESSIVE ACTIONS IMPROVE BALANCE SHEET POSITION

     Reduced spending and strong cash generation drive net debt repayment


($ in millions)
                                      2009                 2008
                                    --------      ----------------------
                                    Jan-Sept      Jan-Sept       Oct-Dec
                                    --------      --------      --------

Net Cash from/(used in) Operations   $   44        $ (113)       $  146

Primary Uses of Cash
- --------------------
    Capital Expenses (1)                (31)          (72)          (32)
    Acquisitions & Deferred
      Payment Obligations               (15)         (283)          (66)
    Co-Investment                       (26)          (37)           (5)
    Dividends                            (4)          (17)           (9)
                                     ------        ------        ------

Net Cash Outflows                       (76)         (409)         (112)

    Net Share Issuance &
      Other Financing                   192             4            19
                                     ------        ------        ------

Net Debt Repayment/(Borrowing)       $  160        $ (518)       $   53
                                     ======        ======        ======


- ------------------------------      -------------------------------------
                                    KEY COVENANT RATIOS
INVESTMENT GRADE RATED              as of September 30, 2009
- ----------------------              ------------------------

Moody's:                            LEVERAGE RATIO                2.19x
    Baa2 (Stable Outlook)           Maximum                       3.75x

S&P:                                INTEREST COVERAGE RATIO       3.28x
    BBB- (Stable Outlook)           Minimum                       2.00x

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



  (1) 2009 YTD capital expenditures net of tenant improvement allowances
      received were $23 million.








JONES LANG LASALLE - PAGE - 10:



                                   APPENDIX









JONES LANG LASALLE - PAGE - 11:



                     YTD 2009 ADJUSTED EBITDA* PERFORMANCE


($ in millions)

[ Graphics indicating ]




                                          2008        2009
                                         ------      ------

            Americas                     $ 59.0      $ 81.6

            EMEA                         $ 22.1      $ (9.4)

            Asia Pacific                 $  6.8      $ 15.4

            LIM                          $ 64.8      $ 39.5

            Consolidated                 $149.9      $126.4



  *   Refer to page 17 for Reconciliation of GAAP Net Income (Loss) to
      EBITDA and adjusted EBITDA for the nine months ended September 30,
      2009 and 2008 for details relative to these adjusted EBITDA
      calculations. Segment adjusted EBITDA is calculated by adding the
      segment's Depreciation and amortization and non-cash co-investment
      charges to its reported Operating income (loss), which excludes
      Restructuring charges.  Consolidated adjusted EBITDA is the sum of
      the adjusted EBITDA of the four segments less net income attributable
      to non-controlling interests and dividends on unvested common stock.









JONES LANG LASALLE - PAGE - 12:



                         YTD 2009 REVENUE PERFORMANCE


($ in millions; "LC" = Local Currency)

[ Graphics indicating ]


                                                         Increase
                                            2008-09     (Decrease)
                                           Increase      in Local
                   2008        2009       (Decrease)     Currency
                 --------    --------     ----------    ----------

Americas         $  617.8    $  687.0           11%           n/a

EMEA             $  627.7    $  417.9          (33%)         (22%)

Asia Pacific     $  391.8    $  360.5           (8%)          (1%)

LIM              $  261.3    $  144.1          (45%)         (39%)

Consolidated     $1,900.5    $1,665.7          (12%)          (6%)




Note: Equity losses of $1.9M in 2008 and $56.2M in 2009 are included in
      segment results, however, are excluded from Consolidated totals.









JONES LANG LASALLE - PAGE - 13:



                  YTD 2009 CAPITAL MARKETS AND HOTELS REVENUE


($ in millions; "LC" = Local Currency)

[ Graphics indicating ]


                                                         Increase
                                            2008-09     (Decrease)
                                           Increase      in Local
                    2008        2009      (Decrease)     Currency
                   ------      ------     ----------    ----------

Americas           $ 46.4      $ 21.1          (55%)          n/a

EMEA               $137.8      $ 68.6          (50%)         (42%)

Asia Pacific       $ 36.6      $ 29.5          (19%)         (10%)

Consolidated       $220.8      $119.2          (46%)         (39%)









JONES LANG LASALLE - PAGE - 14:



                           YTD 2009 LEASING REVENUE


($ in millions; "LC" = Local Currency)

[ Graphics indicating ]


                                                         Increase
                                            2008-09     (Decrease)
                                           Increase      in Local
                    2008        2009      (Decrease)     Currency
                   ------      ------     ----------    ----------

Americas           $214.6      $327.4           53%           n/a

EMEA               $172.6      $102.2          (41%)         (31%)

Asia Pacific       $ 95.7      $ 66.9          (30%)         (25%)

Consolidated       $482.9      $496.5            3%            7%









JONES LANG LASALLE - PAGE - 15:



                     YTD 2009 MANAGEMENT SERVICES REVENUE


($ in millions; "LC" = Local Currency)

[ Graphics indicating ]


                                                               Increase
                                                  2008-09     (Decrease)
                                                 Increase      in Local
                          2008        2009      (Decrease)     Currency
                         ------      ------     ----------    ----------

Property Management,
  Facility Management
  and Other              $395.4      $452.7           14%           20%

Project & Development
  Services               $252.2      $205.1          (19%)         (13%)

Management Services      $647.6      $657.8            2%            7%









JONES LANG LASALLE - PAGE - 16:



                YTD 2009 LASALLE INVESTMENT MANAGEMENT REVENUE


($ in millions; "LC" = Local Currency)

[ Graphics indicating ]


                                                               Increase
                                                  2008-09     (Decrease)
                                                 Increase      in Local
                          2008        2009      (Decrease)     Currency
                         ------      ------     ----------    ----------

Advisory Fees            $215.6      $180.1          (16%)         (10%)

Transaction &
  Incentive Fees         $ 47.0      $ 15.7          (67%)         (64%)

Equity Losses            $ (1.3)     $(51.7)          n.m.          n.m.

Consolidated             $261.3      $144.1          (45%)         (39%)



Notes:

  .   LIM YTD 2008 non-cash co-investment charges of $0.9M included in
      Equity Losses

  .   LIM LTD 2009 non-cash co-investment charges of $46.7M included in
      Equity Losses

  .   n.m. - not meaningful









JONES LANG LASALLE - PAGE - 17:



                  RECONCILIATION OF GAAP NET INCOME (LOSS) TO
                          EBITDA AND ADJUSTED EBITDA


($ in millions)



                            Three Months Ended       Nine Months Ended
                               September 30,           September 30,
                           --------------------    --------------------
                             2009        2008        2009        2008
                           --------    --------    --------    --------

Net income (loss)          $   19.8    $   15.0    $  (56.1)   $   42.4

Add (deduct):
Interest expense,
  net of interest income       16.3        12.5        43.6        17.2
Provision (Benefit)
  for income taxes              3.5         5.1        (9.8)       15.2
Depreciation and
  amortization                 18.7        29.2        64.6        63.9
                           --------    --------    --------    --------

EBITDA                     $   58.3    $   61.8    $   42.3    $  138.7
                           ========    ========    ========    ========


Non-cash co-investment
  charges                       3.7         0.3        47.5         0.9
Restructuring                   4.2        10.5        36.6        10.3
                           --------    --------    --------    --------

Adjusted EBITDA            $   66.2    $   72.6    $  126.4    $  149.9
                           ========    ========    ========    ========