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Press release from PR Newswire

General Growth Properties Announces Tax Reporting Information for 2011 Distributions

Thursday, January 19, 2012

General Growth Properties Announces Tax Reporting Information for 2011 Distributions08:00 EST Thursday, January 19, 2012CHICAGO, Jan. 19, 2012 /PRNewswire/ -- General Growth Properties, Inc. (NYSE: GGP) announced today the tax reporting information for 2011 distributions on its common stock as shown below.For 2011, $0.826000 per common share was distributed in the form of cash and Rouse Properties, Inc. common stock. Of this amount, $0.599298 per common share is taxable in 2011. The remainder of $0.226702 will be taxable in 2012. Distributions include an allocation of Unrecaptured Section 1250 Gain which is included in the Capital Gain Distribution figures. Federal Form 1099 will be mailed no later than January 31, 2012. Taxability of the 2011 distributions is not necessarily indicative of future distributions.General Growth Properties, Inc. Common StockCUSIP 370023103Ticker Symbol: GGP     2011 TAX INFORMATIONRecordDatePayableDateType of DistributionTotal DistributionPer Share2012 Taxable DistributionTotal Taxable DistributionTaxable OrdinaryDividendsCapital Gain DistributionUnrecaptured Sec. 1250 Gain4/15/114/29/11Cash$0.100000$0.000000$0.100000$0.050635$0.049365$0.0230337/15/117/29/11Cash0.1000000.0000000.1000000.0506350.0493650.02303310/14/1110/31/11Cash0.1000000.0000000.1000000.0506350.0493650.02303312/30/111/13/12Cash0.1000000.0438490.0561510.0284320.0277190.01293312/30/111/12/12Stock0.4260000.1828530.2431470.1231180.1200290.056005  TOTAL$0.826000$0.226702$0.599298$0.303455$0.295843$0.138037PERCENT OF ANNUAL TOTAL  100.00%50.64%49.36%                          ABOUT GGPGeneral Growth Properties, Inc. owns or has an interest in 136 regional shopping malls comprising approximately 140 million square feet of gross leasable area in the United States. GGP is headquartered in Chicago, Illinois and is publicly traded on the NYSE under the symbol GGP.  For further information please visit the GGP website at  INVESTORS:MEDIA:Kevin Berry David 960-5529(312) 960-6325 SOURCE General Growth Properties, Inc.