CHICAGO, June 17 /PRNewswire-FirstCall/ -- General Growth Properties, Inc.
(NYSE: GGP) today declared a dividend of $0.65 per share, payable to common
stock shareholders of record on July 5, 2002, with payment on July 31, 2002.
Also declared today was the Preferred Income Equity Redeemable Stock, Series A
("PIERS") Depositary Shares dividend in the amount of $0.4531 per share,
payable to preferred stock (depositary shares) shareholders of record on
July 5, 2002, with payment on July 15, 2002.
General Growth Properties, Inc. is the second largest regional mall owner,
developer and manager in the United States. The company currently has
ownership interests in, or management responsibilities for 146 properties in
40 states, encompassing approximately 135 million square feet. For more
information, visit the General Growth Properties website at
http://www.generalgrowth.com .
SOURCE General Growth Properties, Inc.
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Related links: http://www.generalgrowth.com
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Company News On-Call: http://www.prnewswire.com/gh/cnoc/comp/110740.html
CONTACT: Beth Coronelli of General Growth Properties, Inc., +1-312-960-2750
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