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GGP Malls Offer Greater Value, More Incentives to Reward Holiday Shoppers All Season Long

2009 survey indicates holiday gift giving remains a high priority to consumers;
Special GGP mall activities and partnerships help stretch holiday shopping dollars even further

CHICAGO, Nov 12, 2009 (BUSINESS WIRE) -- The gift-giving spirit will remain in full force this holiday season. According to an online survey* conducted by NRNSM, a National Research Network, approximately two-thirds of Americans say the tradition of holiday gift giving remains an important part of their holiday season. To help today's shoppers stretch their holiday dollars and get even greater value out of the season, General Growth Properties, Inc. (GGP), owner/developer of shopping centers worldwide, is planning a calendar full of exclusive shopping events, retailer sales, and a special partnership with Martha Stewart Living(R) magazine at more than 160 GGP malls.

GGP's holiday program, MerryGivingSM, kicked off with the launch of www.MerryGiving.com, an online holiday headquarters that highlights special mall events and promotions. Holiday activities at participating malls include:

Holiday Content and Prizes from Martha Stewart Living

November 14VIP In-Mall Shopping Promotion

Exclusive After Thanksgiving Promotions Available Friday & Saturday, Nov. 27 & 28 Until Noon

St. Nick's Pet PicsSM

GGP and Cosmopolitan Magazine, Shop 'Til You Drop

End-of-season Movie Ticket Offer

About GGP

General Growth Properties, Inc. currently has ownership interest in, or management responsibility for, more than 200 regional shopping malls in 44 states, as well as ownership in master planned community developments and commercial office buildings. The Company's portfolio totals approximately 200 million square feet of retail space and includes over 24,000 retail stores nationwide. For more information, visit www.ggp.com.

* NRNSM, a National Research Network, conducted an online survey with more than 1,200 shoppers in August 2009.The survey has a margin of error of ± 3 percent.

** Visit www.MerryGiving.com for Official Rules and Terms, restrictions apply.

SOURCE: General Growth Properties, Inc.

Lesley Cheers, GGP
312-960-2646
lesley.cheers@ggp.com
or
Patrick Mason, GolinHarris
513-407-3977
pmason@golinharris.com

Copyright Business Wire 2009

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