Simon Property Group Schedules First Quarter Earnings Release and Conference Call

INDIANAPOLIS, April 7 /PRNewswire-FirstCall/ -- Simon Property Group, Inc. (NYSE: SPG) announced today that financial results for the quarter ended March 31, 2004, will be released after the market close on May 6, 2004. The Company will host its quarterly earnings conference call and an audio webcast on May 7th at 11:00 a.m. Eastern Daylight Time.

The live webcast will be available in listen-only mode at www.simon.com (About Simon tab), www.companyboardroom.com and www.streetevents.com . If you are unable to participate during the live webcast, an audio replay will be available beginning at 2:00 p.m. Eastern Daylight Time on May 7, 2004, and will be available until midnight, May 21, 2004, by dialing 1-888-286-8010 and entering the passcode "67930991". The call will also be archived on www.simon.com , www.companyboardroom.com and www.streetevents.com for approximately 90 days.

Simon Property Group, Inc., headquartered in Indianapolis, Indiana, is a real estate investment trust engaged in the ownership, development and management of income-producing properties, primarily regional malls and community shopping centers. Through its subsidiary partnerships, it currently owns or has an interest in 247 properties in North America containing an aggregate of 191 million square feet of gross leasable area in 37 states plus Canada. The Company also holds interests in 47 assets in Europe (in France, Italy, Poland and Portugal). Additional Simon Property Group information is available at www.simon.com .

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./