Pier Park

Pier Park is a Simon "Signature Project" serving as the premier shopping destination for the Panama City Beach market and the entire Emerald Coast. Pier Park is an approximately 1.1 million square foot open-air regional lifestyle center; bringing unique shopping; tourist attractions and dining to the Panama City Beach area. Located on Front Beach Road in the heart of Panama City Beach; Pier Park is ideally located to serve the area's growing residential community; exploding condo market; and over 7 million tourists that visit each year. Fans can follow Pier Park on Facebook at www.facebook.com/ShopPierPark and on Twitter at www.twitter.com/PierPark. SIMON PROPERTY GROUP Simon Property Group; Inc. is an S&P 500 company and the largest real estate company in the U.S. The Company currently owns or has an interest in 393 retail real estate properties comprising 264 million square feet of gross leasable area in North America; Europe and Asia. Simon Property Group is headquartered in Indianapolis; Indiana and employs more than 5;000 people worldwide. The Company's common stock is publicly traded on the NYSE under the symbol SPG. For further information; visit the Simon Property Group website at www.simon.com.