GGP GRANTED EXTENSION ON REORGANIZATION, RESUMES TRADING

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CHICAGO Ń The Bankruptcy Court has approved an extension of General Growth Properties' (GGP) exclusivity period regarding its Chapter 11 bankruptcy reorganization. Under the terms of the extension, GGP has until July 15 to file a reorganization plan and until September 15 to solicit acceptances of a plan of reorganization. During the exclusivity period, no other part is permitted to file a competing plan of reorganization. In addition, shares of GGP's common will resume trading on the New York Stock Exchange under the ticker symbol GGP. The shares had previously traded in the over-the-counter Pink Sheets markets under the ticker symbol GGWPQ. Ń Coleman Wood

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