INDIANAPOLIS, Dec. 14 /PRNewswire-FirstCall/ -- Simon Property Group, Inc. (the "Company" or "Simon") (NYSE:SPG) today reported results of the stockholders' elections relating to the dividend announced on October 30, 2009. The quarterly dividend of $0.60 per share of common stock is payable on December 18, 2009 to stockholders of record on November 16, 2009. Summarized results of the dividend elections are as follows: -- Holders of 25.3 million shares elected to receive the dividend all in shares. -- Holders of 239.4 million shares elected to receive the dividend all in cash and will receive $0.13269 per share in cash (22%) and $0.46731 per share in stock (78%). -- Holders of 19.4 million shares made no election and will receive $0.12 per share in cash (20%) and $0.48 per share in stock (80%). -- The Company will pay fractional shares in cash. Based on stockholder elections, the dividend will consist of approximately $34.1 million in cash and approximately 1.8 million shares of SPG common stock. The number of shares included in the dividend was calculated based on the volume weighted average trading prices of the Company's common stock on December 9, December 10 and December 11, 2009, or $75.4928 per share. 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 385 properties comprising 262 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 http://www.simon.com/. DATASOURCE: Simon Property Group, Inc. CONTACT: Investors, Shelly Doran, +1-317-685-7330, Media, Les Morris, +1-317-263-7711 Web Site: http://www.simon.com/

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