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The Macerich Company Announces Fourth Quarter and Year End Earnings Release and Conference Call

SANTA MONICA, Calif., Jan. 19 /PRNewswire-FirstCall/ -- Macerich (NYSE: MAC), today announced that it will release fourth quarter and year end earnings results before market opens on Tuesday, February 13, 2007. A conference call is scheduled for 1:30 p.m. ET on February 13, 2007 to discuss the quarterly and year end results. Arthur Coppola, president and chief executive officer of Macerich and Thomas E. 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 Macerich web site at www.macerich.com or www.earnings.com. To listen, please go to the web site at least fifteen minutes prior to the start time 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. In addition, the earnings release will be available on the company's web site under "Financial News".

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 84% ownership interest in The Macerich Partnership, L.P. Macerich now owns approximately 77 million square feet of gross leaseable area consisting primarily of interests in 73 regional malls. Additional information about Macerich can be obtained from the Company's web site at www.macerich.com.

SOURCE Macerich

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


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