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Simon Property Group to Webcast Management Presentation at Smith Barney REIT CEO Conference

INDIANAPOLIS, March 3 /PRNewswire-FirstCall/ -- Simon Property Group, Inc. (NYSE: SPG) today announced that it will webcast its company roundtable presentation to the investment community at the Smith Barney 2005 REIT CEO Conference on Tuesday, March 8, 2005 at 8:45 a.m. Eastern Standard Time.

Members of senior management including David Simon, Chief Executive Officer, Richard S. Sokolov, President and Chief Operating Officer, and Stephen E. Sterrett, Chief Financial Officer, will participate in the roundtable discussion. The live audio-only webcast will be available online in the Presentations and Other Company Reports tab of the Investor Relations section of the Company's website at . An online replay will be available through March 25, 2005 at the same location.

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 $37 billion. Through its subsidiary partnerships, it currently owns or has an interest in 296 properties in the United States containing an aggregate of 202 million square feet of gross leasable area in 40 states plus Puerto Rico. Simon also holds interests in 51 European shopping centers in France, Italy, Poland and Portugal; 4 Premium Outlet(R) centers in Japan; one Premium Outlet(R) center in Mexico; and one shopping center in Canada. Additional Simon Property Group information is available at .

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./