December 7, 2005

The Woodlands Mall Adds 25 Hours For Last Week of Shopping

THE WOODLANDS, Texas. December 7, 2005 – For the last week of shopping before Christmas, The Woodlands Mall will open earlier and close later to accommodate holiday shoppers.

The week before Christmas, hours at The Woodlands Mall are:

Saturday, December 17 – 8:00 a.m. to 10:00 p.m.

Sunday, December 18 – 10:00 a.m. to 10:00 p.m.

Monday, December 19 through Friday, December 23 – 8:00 a.m. to 10:00 p.m.

On Christmas Eve, Saturday, December 24, The Woodlands Mall will open at 8:00 a.m. and close at 6:00 p.m. The shopping center will be closed on Christmas Day, Sunday, December 25.

Department stores at The Woodlands Mall may keep different hours. Please call individual stores for exact opening and closing times.

For information on hours and holiday activities, visit www.thewoodlandsmall.com 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.