GGP Ggp Inc. (delisted)

Subsequent to its first quarter earnings release on April 30, 2007 after the market close, General Growth Properties, Inc. (NYSE:GGP) will host a live webcast of its earnings conference call via the Company web site www.generalgrowth.com. The webcast will take place on Tuesday, May 1, 2007, at 9:00 a.m. Eastern Time (8:00 a.m. CT / 6:00 a.m. PT). To join the live audio event, please visit the company website at www.generalgrowth.com and click on the webcast banner in the special information section. Additionally, the online earnings release will be available in the Investment section under Shareholder Info / Financial Releases. General Growth will also archive the call subsequent to the end of the live webcast in down-loadable format (a podcast). It can be accessed by clicking through the company website sections Investment � Financial Downloads � Audio Events. There is no charge for accessing the aforementioned webcasting service. General Growth is the second largest U.S.-based publicly traded Real Estate Investment Trust based upon market capitalization. The Company currently has an ownership interest in or management responsibility for a portfolio of more than 200 regional shopping malls in 44 states, as well as ownership in master planned community developments and commercial office buildings. The Company portfolio totals approximately 200 million square feet of retail space and includes over 24,000 retail stores nationwide. The Company is listed on the New York Stock Exchange under the symbol �GGP�. For more information, please visit the Company Web site at www.generalgrowth.com. The above-described conference call and webcast will contain forward-looking statements, including guidance with respect to our currently estimated 2007 FFO. Actual results may differ materially from the future operations suggested by these forward-looking statements, for a number of reasons, including, but not limited to, the demand for retail space, tenant occupancy, tenant bankruptcies, the level of our indebtedness, interest rates, financial and retail market conditions, land sales in the Master Planned Communities segment, the cost and success of our development and redevelopment projects, and our ability to manage our growth. Readers are referred to the documents filed by General Growth Properties, Inc. with the SEC, specifically the most recent reports on Form 10-K and 10-Q, which further identify the important risk factors which could cause actual results to differ materially from the forward-looking statements in this conference call. The Company disclaims any obligation to update any forward-looking statements.