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Simon Property Group Schedules Second Quarter Earnings Release and Conference Call

INDIANAPOLIS, June 25 /PRNewswire-FirstCall/ -- Simon Property Group, Inc. (NYSE: SPG) announced today that financial results for the quarter ended June 30, 2004, will be released after the market close on July 28, 2004. The Company will host its quarterly earnings conference call and an audio webcast on July 29th at 12:00 p.m. Eastern Daylight Time.

The live webcast will be available in listen-only mode at http://www.simon.com (About Simon tab), http://www.fulldisclosure.com and http://www.streetevents.com . If you are unable to participate during the live webcast, an audio replay will be available beginning at 3:00 p.m. Eastern Daylight Time on July 29, 2004, and will be available until midnight, August 13, 2004, by dialing 1-888-286-8010 and entering the passcode "84066848". The call will also be archived on http://www.simon.com , http://www.fulldisclosure.com and http://www.streetevents.com for approximately 90 days.

Simon Property Group, Inc., headquartered in Indianapolis, Indiana, is a real estate investment trust engaged in the ownership, development and management of income-producing properties, primarily regional malls and community shopping centers. Through its subsidiary partnerships, it currently owns or has an interest in 247 properties in North America containing an aggregate of 192 million square feet of gross leasable area in 37 states plus Canada and Puerto Rico. The Company also holds interests in 48 assets in Europe (in France, Italy, Poland and Portugal). Additional Simon Property Group information is available at http://www.simon.com .

SOURCE Simon Property Group, Inc.

/CONTACT: Investors: Shelly Doran, +1-317-685-7330, or Media: Les Morris, +1-317-263-7711, both of Simon Property Group, Inc./