Webcast Alert: Simon Property Group Announces Its InformedInvestors.com REIT/Real Estate On-line Forum Webcast

INDIANAPOLIS, Ind.--(BUSINESS WIRE)--Oct. 4, 2006--Simon Property Group, Inc. (NYSE: SPG) today announced that it will webcast its company presentation given by Stephen E. Sterrett, Chief Financial Officer, on October 5, 2006 at 10:30 a.m. Eastern time as part of the InformedInvestors.com REIT/Real Estate Online Forum.

To access the presentation, log on to the web at the address below:

http://www.vcall.com/EventPage.asp?ID=109553

If you are unable to participate during the live webcast, the call will be available for replay at http://www.vcall.com/ClientPage.asp?ID=109553 or http://www.investorcalendar.com/

About Simon Property Group

Simon Property Group, Inc., an S&P 500 company and the largest public U.S. real estate company, is 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 $44 billion. Simon currently owns or has an interest in 284 properties in the United States containing an aggregate of 200 million square feet of gross leasable area in 38 states plus Puerto Rico. Simon also owns interests in 52 European shopping centers in France, Italy, and Poland; 5 Premium Outlet centers in Japan; and one Premium Outlet center in Mexico. Additional Simon Property Group information is available at www.simon.com. Simon Property Group, Inc. is publicly traded on the NYSE under the symbol SPG.

CONTACT: Simon Property Group, Inc.
Shelly Doran, 317-685-7330, Investors
Les Morris, 317-263-7711, Media

SOURCE: Simon Property Group, Inc.