INDIANAPOLIS, Jan. 15 /PRNewswire-FirstCall/ -- Simon Property Group, Inc. (the "Company") (NYSE: SPG) today announced 2009 year-end tax reporting information.


    Simon Property Group, Inc. Common Stock
    CUSIP 828806109
    Ticker Symbol:  SPG


                         Record 2/12  Record 5/14  Record 8/17  Record 11/16
    Dividend Dates         Pmt 3/18     Pmt 6/19     Pmt 9/18     Pmt 12/18
                           --------     --------     --------     ---------

    Total Distribution
     per Share                $0.90        $0.60        $0.60         $0.60

    Taxable Ordinary
     Dividends            $0.893520    $0.595680    $0.595680     $0.595680

    Qualified
     Dividends            $0.000000    $0.000000    $0.000000     $0.000000

    (included in
     Taxable Ordinary
     Dividends)

    Total Capital Gain
     Distribution         $0.006480    $0.004320    $0.004320     $0.004320

    Unrecaptured Sec.
     1250 Gain            $0.000000    $0.000000    $0.000000     $0.000000

    (included in Total
     Capital Gain
     Distribution)

    Nondividend
     Distributions        $0.000000    $0.000000    $0.000000     $0.000000


                                       % of
                                      Annual
                           Totals      Total
                           ------      -----

    Total Distribution
     per Share                $2.70

    Taxable Ordinary
     Dividends            $2.680560     99.28%

    Qualified
     Dividends            $0.000000

    (included in
     Taxable Ordinary
     Dividends)

    Total Capital Gain
     Distribution         $0.019440      0.72%

    Unrecaptured Sec.
     1250 Gain            $0.000000

    (included in Total
     Capital Gain
     Distribution)

    Nondividend
     Distributions        $0.000000      0.00%

To the extent stockholders received shares of common stock in connection with the dividends paid on Simon Property Group common stock in 2009, such stock dividends are taxable based upon the amounts provided above.


    Simon Property Group, Inc. 6.0% Series I Convertible Perpetual
    Preferred Stock
    CUSIP 828806802
    Ticker Symbol:  SPGPrI

                       Record   Record   Record   Record            % of
                        2/13     5/15     8/17     11/16            Annual
    Dividend Dates    Pmt 2/27 Pmt 5/29 Pmt 8/31 Pmt 11/30  Totals  Total
                      -------- -------- -------- ---------  ------  -----

    Total
     Distribution per
     Share               $0.75    $0.75    $0.75     $0.75   $3.00

    Taxable Ordinary
     Dividends           $0.75    $0.75    $0.75     $0.75   $3.00   100%


    Simon Property Group, Inc. 8.375% Series J Cumulative Redeemable
     Preferred Stock
    CUSIP 828806885
    Ticker Symbol:  SPGPrJ


                       Record 3/17 Record 6/16 Record 9/16 Record 12/17
    Dividend Dates       Pmt 3/31    Pmt 6/30    Pmt 9/30    Pmt 12/31
                         --------    --------    --------    ---------

    Total
     Distribution per
     Share              $1.046875   $1.046875   $1.046875    $1.046875

    Taxable Ordinary
     Dividends          $1.046875   $1.046875   $1.046875    $1.046875


                                     % of
                                     Annual
                         Totals      Total
                         ------      -----

    Total
     Distribution per
     Share               $4.1875

    Taxable Ordinary
     Dividends           $4.1875      100%

Should you need additional information, please call Shelly Doran at 317.685.7330.


    THIS INFORMATION REPRESENTS (check one):
    X       FINAL INCOME ALLOCATIONS
            ESTIMATED INCOME ALLOCATIONS

About Simon Property Group

Simon Property Group, Inc. is an S&P 500 company and the largest public U.S. real estate company. Simon is a fully integrated real estate company which operates from five retail real estate platforms: regional malls, Premium Outlet Centers®, The Mills®, community/lifestyle centers and international properties. It currently owns or has an interest in 385 properties comprising 262 million square feet of gross leasable area in North America, Europe and Asia. The Company is headquartered in Indianapolis, Indiana and employs more than 5,000 people worldwide. Simon Property Group, Inc. is publicly traded on the NYSE under the symbol SPG. For further information, visit the Company's website at www.simon.com.

SOURCE Simon Property Group, Inc.