CBL & Associates Properties, Inc. Invites You to Treat Yourself

CBL & Associates Properties, Inc. (NYSE: CBL) today announced that shoppers can enter to win a chance for gift card shopping sprees totaling $30,000. The Treat Yourself To Retail Therapy Sweepstakes is co-sponsored by American Express®, and runs from now through May 15, 2009. Shoppers can register at all CBL Mall websites, CBLproperties.com and TreatYourselfToRetailTherapy.com, as well as social networks MySpace® and Facebook®. The registration website requires name, address, phone, e-mail address and information about shopping preferences.

"CBL hopes shoppers will register online to be connected to the mall in their community,” said Barb Faucette, vice president – corporate mall marketing, CBL & Associates Properties, Inc. "By registering for the sweepstakes, shoppers will have the chance to win shopping sprees with a total value of $30,000. They will also receive email communication from the mall featuring new retailers, mall events and valuable discounts from participating stores.”

The $30,000 Retail Therapy Sweepstakes will be awarded in six prize packages ranging from $2,500 to $10,000 in the form of American Express-branded CBL Malls Gift Cards. CBL will award the prizes on or around May 31, 2009. Specific terms and conditions apply to the gift cards. Official rules are available at cblproperties.com, individual CBL mall websites and TreatYourselfToRetailTherapy.com

Fees, terms, conditions and restrictions apply to Gift Card use. ©2009 American Express Travel Related Services Company, Inc.

About CBL & Associates Properties, Inc.

CBL is one of the largest and most active owners and developers of malls and shopping centers in the United States. CBL owns, holds interests in or manages 159 properties, including 88 regional malls/open-air centers. The properties are located in 27 states and total 86.0 million square feet including 2.2 million square feet of non-owned shopping centers managed for third parties. CBL currently has six projects under construction totaling 2.5 million square feet including Settlers Ridge in Pittsburgh, PA; The Pavilion at Port Orange in Port Orange, FL; The Promenade in D’Iberville, MS; two lifestyle/associated centers, and one expansion. Headquartered in Chattanooga, TN, CBL has regional offices in Boston (Waltham), MA, Dallas, TX, and St. Louis, MO. Additional information can be found at cblproperties.com.