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General Growth Properties to Host Live Earnings Conference Call Webcast

   GENERAL GROWTH PROPERTIES LOGO
General Growth Properties logo. (PR NewsFoto)[AS]
CHICAGO, IL USA
    CHICAGO, Jan. 2 /PRNewswire/ -- Subsequent to its fourth quarter and year-
end 2001 earnings release on February 4, 2002, General Growth Properties, Inc.
(NYSE: GGP) will host a live webcast of its earnings conference call via the
Company web site, http://www.generalgrowth.com.  Powered by StreetEvents, the webcast
will take place on Tuesday, February 5, 2002 at 10:00 a.m. Eastern Time (9:00
a.m. CT, 7:00 a.m. PT), and can be accessed by going to the following link
just prior to the start of the call.

    http://www.generalgrowth.com
    Click on the webcast banner in the right-hand column of the home page to
be directed to the live audio event.  Additionally, the online earnings
release will be available in the "Investment" section under "Shareholder Info"
/ "Financial Releases".
    Generalgrowth.com will archive the call subsequent to the end of the live
webcast.  To listen at anytime, visit the "Investment" section of the site and
select "Financial Downloads".  The archived webcast can then be located by
clicking on the "Audio Events" tab.  There is no charge for accessing the
aforementioned webcasting service.

    General Growth Properties is one of the nation's largest shopping center
owners, managers and developers. General Growth currently has ownership
interest in, or management responsibility for, a portfolio of 141 regional
shopping malls in 39 states. The company portfolio totals approximately
125,000,000 square feet of retail space and includes over 15,000 retailers
nationwide. A publicly traded Real Estate Investment Trust (REIT), General
Growth Properties is listed on the New York Stock Exchange under the symbol
GGP.  For more information on General Growth Properties, visit the company web
site at http://www.generalgrowth.com .
    This release and/or the conference call webcast described above may
contain forward-looking statements that involve risks and uncertainties.
Actual future performance, outcomes and results may differ materially from
those expressed in forward-looking statements as a result of a number of
risks, uncertainties and assumptions.  Representative examples of these
factors include (without limitation) general industry and economic conditions,
interest rate trends, cost of capital and capital requirements, availability
of real estate properties, competition from other companies and venues for the
sale/distribution of goods and services, shifts in customer demands, tenant
bankruptcies, changes in operating expenses, including employee wages,
benefits and training, governmental and public policy changes and the
continued availability of financing in the amounts and the terms necessary to
support future business.  Readers are referred to the documents filed by
General Growth Properties, Inc. with the SEC, specifically the most recent
reports on Forms 10-K and 10-Q, which identify important risk factors which
could cause actual results to differ from those contained in the forward-
looking statements.



SOURCE General Growth Properties, Inc.




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  • http://www.generalgrowth.com
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    Company News On-Call:
  • http://www.prnewswire.com/comp/110740.html
    CONTACT:
    Beth Coronelli of General Growth Properties,
    +1-312-960-2750