Macerich Announces Fourth Quarter 2004 Earnings Release and Conference Call Information SANTA MONICA, Calif., Jan. 18 /PRNewswire-FirstCall/ -- The Macerich Company (NYSE:MAC) today announced that it will release fourth quarter earnings results before market on Thursday, February 10, 2005. A conference call is scheduled for 1:30 p.m. ET on Thursday, February 10, 2005 to discuss the quarterly results. Arthur Coppola, President and CEO of The Macerich Company and Thomas E. O'Hern, Executive Vice President and CFO, will host the call. Interested parties can listen to a live web cast of the call on The Macerich Company web site at http://www.macerich.com/ or http://www.fulldisclosure.com/. To listen, please go to the web site at least fifteen minutes prior to the start time of the call in order to register, download and install any necessary audio software. A replay of the web cast will be available for one year following the live web cast. In addition, the online earnings release will be available on the Company's web site under, "Recent News." The Macerich Company is a fully integrated self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States. The Company is the sole general partner and owns an 81% ownership interest in The Macerich Partnership, L.P. Macerich now owns approximately 62 million square feet of gross leaseable area consisting primarily of interests in 63 regional malls. Additional information about The Macerich Company can be obtained from the Company's web site at http://www.macerich.com/. DATASOURCE: The Macerich Company CONTACT: Arthur Coppola, President and Chief Executive Officer or Thomas E. O'Hern, Executive Vice President and Chief Financial Officer, both of The Macerich Company, +1-310-394-6000 Web site: http://www.fulldisclosure.com/ Web site: http://www.macerich.com/

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