News Release Making News.

SANTA MONICA, Calif., Jan. 14, 2015 /PRNewswire/ -- The Macerich Company (NYSE: MAC) today announced the tax treatment for dividend distributions taxable in 2014 on its Common Stock.

The 2014 dividend of $2.51 per share is classified for income tax purposes as follows:

The Macerich Company, Common Stock, CUSIP # 554382101

Macerich, an S&P 500 company, is a fully integrated self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States.

Macerich currently owns 55 million square feet of real estate consisting primarily of interests in 52 regional shopping centers. Macerich specializes in successful retail properties in many of the country's most attractive, densely populated markets with significant presence in the Pacific Rim, Arizona, Chicago and the Metro New York to Washington, DC corridor. Additional information about Macerich can be obtained from the Company's website at www.macerich.com.

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SOURCE The Macerich Company

Jean Wood, Vice President - Investor Relations, John Perry, Senior Vice President - Investor Relations, Thomas O'Hern, Senior Executive Vice President and Chief Financial Officer, (310) 394-6000