NMG.B Neiman Marcus Grp CL B

Neiman Marcus is Coming to SouthPark in Charlotte INDIANAPOLIS, July 26 /PRNewswire-FirstCall/ -- Simon Property Group, Inc. (NYSE:SPG) announced today that Neiman Marcus is joining the outstanding retail lineup at SouthPark in Charlotte, North Carolina. The legendary Dallas-based retailer is scheduled to occupy 80,000 square feet on two levels and joins in SouthPark's expansion, which began in 2001. "Neiman Marcus is very excited to become a part of the Charlotte community, and join the strong lineup of tenants at SouthPark," said Wayne Hussey, senior vice president of properties for Neiman Marcus. "We look forward to having a strong presence in another successful Simon property." Neiman Marcus is scheduled to open in the fall of 2006 at SouthPark and provide an opportunity to further enhance the luxury merchandising of this property. The debut will mark the thirty-ninth Neiman Marcus store, and the eighth in the SPG portfolio. "We're thrilled to welcome Neiman Marcus to SouthPark," said Richard S. Sokolov, president and chief operating officer of SPG. "Their presence makes SouthPark the luxury shopping destination in the Carolinas." The Neiman Marcus Group, Inc. (NYSE:NMG.ANYSE:NMG.B), includes the Specialty Retail Stores segment and the Direct Marketing segment. The Specialty Retail Stores segment consists primarily of Neiman Marcus and Bergdorf Goodman stores. The Direct Marketing segment conducts both print catalog and online operations under the Neiman Marcus, Horchow and Chef's Catalog brand names. Information about the Company can be accessed at http://www.neimanmarcusgroup.com/ . Simon Property Group, Inc. (NYSE:SPG), headquartered in Indianapolis, Indiana, is a real estate investment trust engaged in the ownership, development and management of income-producing properties, primarily regional malls and community shopping centers. Through its subsidiary partnerships, it currently owns or has an interest in 246 properties in North America containing an aggregate of 192 million square feet of gross leasable area in 37 states plus Canada and Puerto Rico. The Company also holds interests in 48 assets in Europe (in France, Italy, Poland and Portugal). Additional Simon Property Group information is available at http://www.simon.com/ . DATASOURCE: Simon Property Group, Inc. CONTACT: Les Morris of Simon Property Group, +1-317-263-7711; or Mark E. Schaaf of Neiman Marcus, +1-214-573-5635 Web site: http://www.simon.com/ http://www.neimanmarcusgroup.com/

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