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Highly-anticipated department store to anchor the mall’s recently added 165,000 square-foot wing

PEABODY, MA – April 1, 2009 – Simon Property Group Inc. (NYSE: SPG), the country’s largest owner, developer and manager of high-quality retailer real estate, is pleased to announce the opening of Nordstrom at 10am on Friday, April 17th, 2009 in the newly expanded and renovated Northshore Mall. The 138,000 square-foot department store will anchor the mall’s new expansion wing, which includes an additional 165,000 square feet of retail space currently occupied by a diverse mix of new retailers.

“The opening of Nordstrom to anchor our new wing is an exciting completion to our three phase renovation and redevelopment process,” said Mark Whiting, General Manager of Northshore Mall.  “We have solidified the title as the preeminent shopping destination on the North Shore, and we are confident that Nordstrom will enhance our footprint to make the mall a shopping destination for people as far north as Maine and New Hampshire.”

The new Nordstrom at Northshore Mall will be the retailer’s third store in Massachusetts and the Greater Boston area. The two-level store will feature five shoe departments; an expansive cosmetics department; Cafe Bistro, a casual and affordable restaurant; Ebar, which offers fresh coffee beverages and snacks; and a well-edited selection of quality and luxury fashion brands for women, men and children. Merchandise will include well-known fashion brands such as St. John, Elizabeth & James, Tracy Reese, M Missoni, William Rast, Theory, BCBG, Canali, Hugo Boss, John Varvatos, Star USA, Burberry, Versace, Jimmy Choo, Valentino, Michael Kors, Juicy Couture, Stuart Weitzman and Donald J. Pliner. Customers can take advantage of a number of special touches and amenities, including on-site alterations and tailor shop, certified shoe fitters, complimentary beauty and skincare consultations, mother’s lounge, certified bra fitters, prosthesis services for women who have undergone breast surgery, package delivery and a shoeshine stand.

With the addition of Northshore Mall’s expansion wing, which opened in November 2008, came a wave of contemporary new retailers, including: Popular European retailer Zara; United Kingdom-based cosmetics company LUSH; High-end beauty retailer Sephora; Los Angeles-based specialty store Metropark; Sophisticated clothing retailer White House Black Market, and Leading fashion retailer H&M.

The mall also diversified its restaurant mix by adding the upscale Asian eatery P.F. Changs China Bistro, which is the restaurant’s first and only location on the North Shore.

Opening in April at Northshore Mall is a two-level Forever 21. The retailer, which offers the most current fashions at unbeatable prices, will occupy 40,000 square feet of retail space.

Eastern Mountain Sports recently relocated within the mall and a variety of highly-anticipated new stores will be opening in the coming months, including: The North Face; Clark’s of England; Hollister; dELliA*s; Bebe; and Pandora Jewelers.

Prior to Nordstrom’s opening, the store will host Nordstrom Fits America, a special bra fitting event on Saturday, April 4th, 2009 from 8:30am-4:30pm. Customers will have the opportunity to meet with a certified fit expert for a complimentary bra fitting. For every bra purchased, Nordstrom and participating brands will donate $2 to the Massachusetts Affiliate of Susan G. Komen For The Cure.

Additionally, to celebrate the opening, Nordstrom will host an Opening Gala on Wednesday, April 15th, 2009 from 7pm-10pm inside the store. Guests can enjoy cocktails, dinner and dessert buffets, live entertainment and sneak preview shopping. Tickets are $75 per person, with all proceeds benefiting The Friends of Beverly Hospital, North Shore Music Theatre and Essex County Community Foundation. Tickets can be purchased by calling: (978) 236-1600, or online at: Also, a Beauty Bash is scheduled to take place the morning of Friday, April 17th. 2009 beginning at 8am, prior to the store’s official 10am opening. Nordstrom beauty advisers will share the inside scoop on the tips and tricks for looking your fabulous best. More information is available at: (866) 455-7442.

About Northshore Mall: Northshore Mall delivers a convenient approach to upscale shopping. Anchored by department store favorites Macy’s, Macy’s Men’s & Home Store, JCPenney, Filene’s Basement, Sears and a new Nordstrom, the center offers a full range of retail, restaurant and entertainment for its shoppers. Northshore Mall offers guests a generous variety of more than 120 specialty stores, a 12-unit food court and six full-service restaurants, including Legal Sea Foods, Joe’s American Bar & Grill, Bertucci’s, Bugaboo Creek Steakhouse, The Cheesecake Factory and P.F. Changs China Bistro.

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®, The Mills®, community/lifestyle centers and international properties. It currently owns or has an interest in 386 properties comprising 263 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: