INDIANAPOLIS, Jan. 9 /PRNewswire-FirstCall/ -- Simon Property Group, Inc. (the "Company") (NYSE: SPG) today announced 2007 year-end tax reporting information.

    Simon Property Group, Inc. Common Stock
    CUSIP 828806109
    Ticker Symbol:  SPG

                      Record    Record    Record     Record              % of
                        2/14      5/17      8/17      11/16            Annual
    Dividend Dates  Pmt 2/28  Pmt 5/31  Pmt 8/31  Pmt 11/30    Totals   Total

    Total
     Distribution
     per Share         $0.84     $0.84     $0.84      $0.84     $3.36

    Taxable
     Ordinary
     Dividends     $0.780560 $0.780560 $0.780560  $0.780560 $3.122240   92.9%

    Qualified
     Dividends     $0.000180 $0.000180 $0.000180  $0.000180 $0.000720
    (included in
     Taxable
     Ordinary
     Dividends)

    Total Capital
     Gain
     Distribution  $0.059440 $0.059440 $0.059440  $0.059440 $0.237760    7.1%

    Unrecaptured
     Sec. 1250
     Gain          $0.015829 $0.015829 $0.015829  $0.015829 $0.063316
    (included in
     Total Capital
     Gain
     Distribution)


    Simon Property Group, Inc. 7.89% Series G Cumulative Preferred Stock
    CUSIP 828806505
    Ticker Symbol: SPGPrG

                      Record    Record    Record    Record              % of
                        3/16      6/15      9/14      10/2            Annual
    Dividend Dates  Pmt 3/30  Pmt 6/29  Pmt 9/28  Pmt 10/2    Totals   Total

    Total
     Distribution
     per Share      $0.98625  $0.98625  $0.98625    $0.011  $2.96975

    Taxable
     Ordinary
     Dividends      $0.98625  $0.98625  $0.98625    $0.011  $2.96975    100%


    Simon Property Group, Inc. 6.0% Series I Convertible Perpetual Preferred
    Stock
    CUSIP 828806802
    Ticker Symbol: SPGPrI

                      Record    Record    Record     Record              % of
                        2/14      5/17      8/17      11/16            Annual
    Dividend Dates  Pmt 2/28  Pmt 5/31  Pmt 8/31  Pmt 11/30    Totals   Total

    Total
     Distribution
     per Share         $0.75     $0.75     $0.75      $0.75     $3.00

    Taxable
     Ordinary
     Dividends         $0.75     $0.75     $0.75      $0.75     $3.00    100%


    Simon Property Group, Inc. 8.375% Series J Cumulative Redeemable Preferred
    Stock
    CUSIP 828806885
    Ticker Symbol: SPGPrJ

                      Record    Record    Record     Record              % of
                        3/16      6/15      9/14      12/17            Annual
    Dividend Dates  Pmt 3/30  Pmt 6/29  Pmt 9/28  Pmt 12/31    Totals   Total

    Total
     Distribution
     per Share     $1.046875 $1.046875 $1.046875  $1.046875   $4.1875

    Taxable
     Ordinary
     Dividends     $1.046875 $1.046875 $1.046875  $1.046875   $4.1875    100%

Should you need additional information, please call Shelly Doran at 317.685.7330.

    THIS INFORMATION REPRESENTS (check one):

    X    FINAL INCOME ALLOCATIONS

         ESTIMATED INCOME ALLOCATIONS


    About Simon Property Group

Simon Property Group, Inc. is an S&P 500 company and the largest public U.S. real estate company. Simon is a fully integrated real estate company which operates from five retail real estate platforms: regional malls, Premium Outlet Centers(R), The Mills(R), community/lifestyle centers and international properties. It currently owns or has an interest in 379 properties comprising 256 million square feet of gross leasable area in North America, Europe and Asia. The Company is headquartered in Indianapolis, Indiana and employs more than 5,000 people worldwide. Simon Property Group, Inc. is publicly traded on the NYSE under the symbol SPG. For further information, visit the Company's website at www.simon.com.

CONTACTS:

Shelly Doran 317.685.7330

SOURCE Simon Property Group, Inc.

/CONTACT: Shelly Doran of Simon Property Group, Inc., +1-317-685-7330/ /Web site: http://www.simon.com/