CBL & Associates Properties is a real estate investment trust, also known as a REIT, that is listed on the New York Stock Exchange under the ticker symbol CBL. CBL is one of the largest mall REITs in the United States. It owns and holds interests in or manages more than 130 properties including nearly 80 market-dominant enclosed malls and open-air centers from coast to coast. CBL is an active developer of regional malls, open-air centers, lifestyle and community centers. The company s growth strategy also comes from the acquisition of regional malls. Since going public in 1993, CBL has generated growth as a company measured both by portfolio size and increases in cash flows and dividends. Headquartered in Chattanooga, Tenn., CBL & Associates Properties is a publicly owned company that employs nearly 2,600 people.

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