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Hauser Industries Joins SBN's Preferred Vendors
             - Custom Interior and Exterior Seating Manufacturer
                    Has More Than 50 Years of Experience -

INDIANAPOLIS, Dec. 14 /PRNewswire-FirstCall/ -- Simon Business Network(R), the business-to-business division of Simon Property Group, Inc. (NYSE: SPG), announced today the addition of Hauser Industries to its list of over 100 preferred vendors of products and services.

Hauser Industries, located in Waterloo, Ontario Canada, is a manufacturer of custom interior and exterior seating environments. With more than 50 years of experience, Hauser provides custom seating solutions direct to the end user, architects and the design community, from large scale food courts and institutional facilities to smaller industrial installations and food service venues.

"Simon is always looking to work with vendors that offer quality, expertise and value to our properties," said Brian Nelson, vice president at Simon Business Network. "Hauser Industries offers all of these qualities and the ability to extend that value to other businesses that purchase through the Simon Business Network. It's a win-win for everyone."

"Hauser continues to innovate and grow after three generations of helmsmanship," stated Eric Hauser, principal, Hauser Industries. "We pride ourselves on sensibly priced, premium quality interior and exterior seating and amenities that work for our customers. Adding Simon to our extensive client list reinforces our commitment to offering good value and reliable service to our customers."

About Simon Property Group, Inc.

Simon Property Group, Inc., headquartered in Indianapolis, Indiana, is a real estate investment trust engaged in the ownership, development and management of retail real estate, primarily regional malls, Premium Outlet(R) centers and community shopping centers. The Company's current total market capitalization is approximately $36 billion. Through its subsidiary partnerships, it currently owns or has an interest in 301 properties in North America containing an aggregate of 204 million square feet of gross leasable area in 39 states plus Puerto Rico, Canada and Mexico. Simon also holds interests in 49 European shopping centers in France, Italy, Poland and Portugal and 4 Premium Outlet centers in Japan. Additional Simon Property Group information is available at http://www.simon.com .

About Hauser Industries Inc.

Hauser Industries Inc., based in Waterloo, Ontario Canada, is a leading manufacturer of contract seating solutions. Hauser caters to an international clientele in a variety of different industries including shopping center development, food service, healthcare, education, industrial and public areas. Hauser specializes in combining functionality with innovative design and digital-age technology to create premium quality interior and exterior seating and amenities. With over 50 years of design and industry leadership, Hauser continues to enrich each unique seating environment. For additional information and complete product offering, please visit http://www.hauser.ca .

SOURCE  Simon Property Group, Inc.
    -0-                             12/14/2004
    /CONTACT:  Les Morris of Simon Property Group, +1-317-263-7711; or Chris
Hauser of Hauser Industries, +1-519-747-1138/
    /Web site:  http://www.simon.com
                http://www.hauser.ca /
    (SPG)

CO:  Simon Property Group, Inc.; Hauser Industries Inc.; Simon Business
     Network
ST:  Indiana, Ontario
IN:  FIN RLT REA
SU:

TH-TM 
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2250 12/14/2004 09:54 EST http://www.prnewswire.com