Simon Property Group Opens Shopping Center in Rome, Italy

Simon Property Group, Inc. announced today that the Porta di Roma shopping center in Rome, Italy has been opened to the public. The center is the joint development of the Lamaro Group, a major Rome-based construction and development organization, and Gallerie Commerciali Italia ("GCI"), SPG's Italian joint venture partnership with Groupe Auchan. The project is located on the north side of Rome adjacent to the Grande Annulare, the peripheral highway which circles the city. The trade area for Porta di Roma contains approximately 1.3 million people.