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Simon Property Group Schedules First Quarter Earnings Release and Conference Call

INDIANAPOLIS, April 11 /PRNewswire-FirstCall/ -- Simon Property Group, Inc. (NYSE: SPG) announced today that financial and operational results for the quarter ended March 31, 2007, will be released before the market opens on April 27, 2007. The Company will host its quarterly earnings conference call and an audio webcast on April 27th at 11:00 a.m. Eastern Daylight Time.

The live webcast will be available in listen-only mode at www.simon.com (Investor Relations tab), www.earnings.com and www.streetevents.com. If you are unable to participate during the live webcast, an audio replay will be available beginning at 1:00 p.m. Eastern Daylight Time on April 27, 2007, and will be available until midnight, May 11, 2007, by dialing 1-888-286-8010 and entering the passcode "13621354." The call will also be archived on www.simon.com, www.earnings.com and www.streetevents.com for approximately 90 days.

Simon Property Group, Inc., an S&P 500 company 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 Centers(R) and community/lifestyle centers. The Company's current total market capitalization is approximately $56 billion. Through its subsidiary partnership, it currently owns or has an interest in 324 properties in the United States containing an aggregate of 245 million square feet of gross leasable area in 41 states plus Puerto Rico. Simon also owns interests in 53 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.

SOURCE Simon Property Group, Inc.

/CONTACT: Investors: Shelly Doran, +1-317-685-7330; or Media: Les Morris, +1-317-263-7711/

/Web site: http://www.simon.com /

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