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The Macerich Company Announces Fourth Quarter 2007 Earnings Release and Conference Call

SANTA MONICA, Calif., Jan. 17 /PRNewswire-FirstCall/ -- Macerich (NYSE: MAC) today announced that it will release fourth quarter 2007 earnings results before the market opens on Tuesday, February 12, 2008. Management will hold a conference call at 1:00 pm ET on February 12, 2008 to discuss quarterly results. Arthur Coppola, President and Chief Executive Officer of Macerich, Tony Grossi, Executive Vice President and Chief Operating Officer and Thomas O'Hern, Executive Vice President and Chief Financial Officer will host the call.

Interested parties can listen to a live web cast of the call on the Macerich web site at http://www.macerich.com or http://www.earnings.com. To listen, please go to the web site at least fifteen minutes prior to the start of the call in order to register, download and install any necessary audio software. A replay of the web cast will be available for one year following the live web cast on the company's web site under "Financial News". In addition, a replay of the earnings release will be available by telephone, through February 26 at 1-888-203-1112, PIN # 4774275.

Macerich 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. The company is the sole general partner and owns an 85% ownership interest in The Macerich Partnership, L.P. Macerich now owns approximately 76 million square feet of gross leaseable area consisting primarily of interests in 71 regional malls. Additional information about Macerich can be obtained from the Company's Web site at http://www.macerich.com.

SOURCE Macerich - 01/17/2008

CONTACT:
Arthur Coppola, President and Chief Executive Officer, or
Thomas O'Hern, Executive Vice President and Chief Financial Officer,
both of Macerich, +1-310-394-6000
Web site: http://www.macerich.com


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