FIVE NEW RETAILERS TO DEBUT AT QUAKER BRIDGE MALL

For Further Information, Please Contact:

Jennifer Sherlock

609-369-3482

jsherlock@jennacommunications.com


FIVE NEW RETAILERS TO DEBUT AT QUAKER BRIDGE MALL

– Michael Kors, Pandora, Sephora, Sur La Table, and Teavana Coming to

Central New Jersey’s Premium Shopping Destination –

LAWRENCEVILLE, NJ, May 21 2012 —Simon Property Group, Inc. (NYSE: SPG), the world’s leading retail real estate company announced today an exciting lineup of five new, upscale stores which will add to the diversity of the merchandise mix at Quaker Bridge Mall. This eclectic group of retailers encompasses everything from high-end fashion to specialty teas and includes Michael Kors, Pandora, Sephora, Sur La Table, and Teavana.

These stores are among the first announcements of what is expected to be 25 new stores opening at Quaker Bridge Mall by November 2012. In addition, 19 retailers are repositioning and building their latest prototype stores, including a new 12,000 square-foot Victoria’s Secret / Pink side-by-side concept and a new Bath & Body Works.

As one of America’s premier fashion houses, Michael Kors will bring high-fashion distinction to Quaker Bridge Mall. Sephora also adds a component of luxury to the mall with the largest and most diverse selection of beauty products from makeup and skincare to fragrance and hair care. For shoppers looking for some inspiration in the kitchen, Sur La Table is the place for innovative and authentic kitchen tools from the best brands. Another exciting addition is the popular jewelry store Pandora, which features a wide selection of charms, bracelets, rings, earrings, necklaces, pendants and watches designed to express customers’ personal style. Teavana will also bring a unique element to the mall with its conceptual twist on tea.

Previously announced, construction is well underway on The Cheesecake Factory restaurant which is slated to open at Quaker Bridge in the fall.

Marian Kapp, Director of Mall Marketing said, “These new stores will not only enhance the shopping experience by offering unique, high-end products, but also complement the rest of the renovations coming soon to the mall. The changes coming to Quaker Bridge Mall will position it as a premium shopping destination for Central New Jersey.”

To learn more about the ongoing projects, visit www.quakerbridgemall.com.

About Quaker Bridge Mall

The Quaker Bridge Mall is a two-level, super regional mall located in Central New Jersey at US Rt. 1, and is conveniently accessed via 95, 295 and most major roadways. Shop Lord & Taylor, Macy’s, JCPenney, Sears, plus Old Navy and 100 specialty shops and services. Quaker Bridge Mall is currently undergoing a major renovation that will welcome 25 new stores, a new food court and two full-service restaurants, including The Cheesecake Factory. The extensive renovations will include new interior and exterior features and amenities such as new soft seating, upgraded escalators, an elevator, updated restrooms, redesigned mall entrances, landscaping, new flooring, ceiling and handrails among other items. Check back for new store updates, news and events.

Find Quaker Bridge Mall on Facebook facebook.com/shopquakerbridge and Twitter @QBMall.

About Simon Property Group

Simon Property Group, Inc. (NYSE:SPG) is an S&P 100 company and the largest real estate company in the world.  The Company currently owns or has an interest in 337 retail real estate properties in North America and Asia comprising 244 million square feet. We are headquartered in Indianapolis, Indiana and employ approximately 5,500 people in the U.S.  For more information, visit the Simon Property Group website at www.simon.com.

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