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CBL & Associates Properties to Broadcast Investor Presentation Live on the Internet

06/01/2004

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--June 1, 2004--CBL & Associates Properties, Inc. (NYSE:CBL) today announced that it will provide an online audio simulcast of its presentation to the investment community at the 2004 NAREIT Institutional Investor Forum in New York City. The presentation will take place on Tuesday, June 8, 2004, at 4:50 p.m. Eastern Time.

The live audio broadcast of CBL's presentation will be available online at www.cblproperties.com and at www.corporate-ir.net/ireye/confLobby.zhtml?ticker=CBL&item_id=898012. The online replay will begin shortly after the presentation ends and will be available for 30 days. The slide presentation will be available for viewing on the Company's website.

CBL & Associates Properties, Inc. is one of the top five owners of shopping centers in North America and the largest owner of malls and shopping centers in the Southeast, ranked by GLA owned. CBL owns or holds interests in and manages 166 properties, including 65 enclosed regional malls. The properties are located in 27 states and total 67.3 million-square-feet including 2.0 million-square-feet of non-owned shopping centers managed for third parties. CBL has six projects under construction totaling approximately 1.4 million-square- feet including one regional mall - Imperial Valley Mall in the Imperial Valley region of California, one community center and four expansions. In addition to its office in Chattanooga, TN, CBL has a regional office in Boston (Waltham), MA. Additional information can be found at www.cblproperties.com.

    CONTACT: CBL & Associates Properties, Inc.John Foy, 423-855-0001

    SOURCE: CBL & Associates Properties, Inc.

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