December 6 , 2005

December 15 is Last Day to Register at The Woodlands Mall. Win a Christmas Eve Visit from Santa Claus

THE WOODLANDS, Texas. December 6, 2005 – Thursday, December 15 is the last day for shoppers at The Woodlands Mall to register to win a visit from Santa Claus on Christmas Eve. The lucky winner will be visited, at home, by Santa Claus who will arrive with a sackful of toys and gifts from 2:00 to 4:00 p.m. on Saturday, December 24.

To register to win, shoppers must sign up at The Woodlands Mall or any of the other GGP malls throughout Houston, including The Woodlands Mall, Deerbrook Mall, First Colony Mall and Willowbrook Mall. Rules and registration forms are available at the entry area or at the Customer Service Center. One winner will be selected from the combined entries from all Houston GGP malls.

Rules are available on the registration forms and also at www.thewoodlandsmall.com. For more information, stop by Customer Service or call 281.363.3363.

About The Woodlands Mall

THE WOODLANDS MALL is owned and managed by General Growth Properties, Inc., the second largest U.S.-based publicly traded Real Estate Investment Trust (REIT). General Growth currently has ownership interest and management responsibility for a portfolio of 210 regional shopping malls in 44 states, as well as ownership in planned community developments and commercial office buildings. The Company portfolio totals approximately 200 million square feet of retail space and includes more than 24,000 retail stores nationwide. General Growth Properties, Inc. is listed on the New York Stock Exchange under the symbol GGP. For more information, please visit the Company Web site at http://www.generalgrowth.com.