ITEM 7.01 REGULATION FD DISCLOSURE

On November 19, 2008, David Simon, Chairman & CEO of Simon Property Group, Inc. (the "Company"), exercised options to acquire 100,000 shares of the Company's common stock and continues to maintain ownership of those shares of common stock acquired.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

Statement of Changes in Beneficial Ownership of Securities on Form 4 filed November 19, 2008 by David Simon, as the Reporting Person (incorporated by reference).

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