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Simon Property Group to Present at Citigroup REIT CEO Conference

INDIANAPOLIS, March 3, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Simon Property Group, Inc. (NYSE: SPG) today announced that 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 a company roundtable presentation to the investment community at the Citigroup 2006 REIT CEO Conference on Tuesday, March 7, 2006 at 10:15 a.m. Eastern Standard Time.

To listen to Simon's roundtable presentation, dial (210) 839-8627 and provide the passcode REIT 1. A replay will also be available for 30 days by dialing (402) 220-0737 and stating the company name.

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/lifestyle centers. The Company's current total market capitalization is approximately $42 billion. Through its subsidiary partnership, it currently owns or has an interest in 286 properties in the United States containing an aggregate of 200 million square feet of gross leasable area in 39 states plus Puerto Rico. Simon also owns interests in 51 European shopping centers in France, Italy, and Poland; 5 Premium Outlet(R) centers in Japan; and one Premium Outlet(R) center in Mexico. Additional Simon Property Group information is available at http://www.simon.com .

SOURCE Simon Property Group, Inc.

Investors:
Shelly Doran
317-685-7330

Media:
Les Morris
317-263-7711
both of Simon Property Group, Inc.

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