Company Profile For Taubman Centers, Inc.

Taubman Centers, Inc. (TCO) operates as a self-administered and self-managed real estate investment trust (REIT). The Taubman Realty Group Limited Partnership (TRG) is a majority-owned partnership subsidiary of TCO, which owns direct or indirect interests in all of the Company’s real estate properties. The Company owns, leases, develops, acquires, disposes of and operates regional and super-regional shopping centers. Its portfolio as of December 31, 2008, included 23 urban and suburban regional and super-regional shopping centers in ten states. Revenues generated by the centers is leasing to mall tenants (including temporary tenants and specialty retailers), which represents approximately 90% of revenues.

BRIEF: For the nine months ended 30 September 2009, Taubman Centers, Inc.'s revenues decreased less than 1% to $479.8M. Net loss applicable to Common totaled $73.7M vs. an income of $14.1M. Revenues reflect a decrease in minimum rents and a fall in income from management, leasing & development services. Net loss reflects the presence of impairment charges, higher interest expenses and increased depreciation and amortization expenses.