Press Release

Simon Property Group, Inc. Common Stock

CUSIP 828806109

Ticker Symbol: SPG

                Record      Record      Record      Record                  % of
                2/15        5/16        8/15        11/14
                                                                            Annual
Dividend        Pmt 2/29    Pmt 5/30    Pmt 8/29    Pmt 11/28   Totals
Dates                                                                       Total

Total
Distribution    $0.90       $0.90       $0.90       $0.90       $3.60
per Share

Taxable
Ordinary        $0.762694   $0.762694   $0.762694   $0.762694   $3.050776   84.74%
Dividends

Qualified       $0.000341   $0.000341   $0.000341   $0.000341   $0.001364
Dividends

(included in
Taxable
Ordinary
Dividends)

Total Capital
Gain            $0.010399   $0.010399   $0.010399   $0.010399   $0.041596   1.16%
Distribution

Unrecaptured
Sec. 1250       $0.000805   $0.000805   $0.000805   $0.000805   $0.003220
Gain

(included in
Total Capital
Gain
Distribution)

Nondividend     $0.126907   $0.126907   $0.126907   $0.126907   $0.507628   14.1%
Distributions

Simon Property Group, Inc. 6.0% Series I Convertible Perpetual Preferred Stock

CUSIP 828806802

Ticker Symbol: SPGPrI

               Record     Record     Record 8/15   Record
               2/15       5/16                     11/14                % of
                                                                        Annual
Dividend       Pmt 2/29   Pmt 5/30   Pmt 8/29      Pmt 11/28   Totals   Total
Dates

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

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

Simon Property Group, Inc. 8.375% Series J Cumulative Redeemable Preferred
Stock

CUSIP 828806885

Ticker Symbol: SPGPrJ

               Record      Record      Record      Record
               3/17        6/16        9/16        12/17                 % of
                                                                         Annual
Dividend       Pmt 3/31    Pmt 6/30    Pmt 9/30    Pmt 12/31   Totals    Total
Dates

Total
Distribution   $1.046875   $1.046875   $1.046875   $1.046875   $4.1875
per Share

Taxable
Ordinary       $1.046875   $1.046875   $1.046875   $1.046875   $4.1875   100%
Dividends

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(R), The Mills(R), community/lifestyle centers and international properties. It currently owns or has an interest in 386 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.

CONTACT: Simon Property Group, Inc.
Shelly Doran, 317-685-7330

Source: Simon Property Group, Inc.