The Shoppes at St. Clair Square Grand Opening

CBL'S LIFESTYLE CENTER DEVELOPMENT
"THE SHOPPES AT ST. CLAIR SQUARE" OPENS MARCH 7
Grand Opening Celebration begins at 9:30 a.m.
CHATTANOOGA, Tenn. (March 7, 2007) – CBL & Associates Properties, Inc. (NYSE: CBL) today celebrated the grand opening of "The Shoppes at St. Clair Square" in Fairview Heights, IL. Stores will open
shortly after a brief VIP ceremony at 9:30 a.m.
Located adjacent to CBL's market-dominant St. Clair Square Mall, The Shoppes at St. Clair Square is 91% leased and committed. The outstanding retailer mix for the 75,000-square-foot lifestyle center
includes fifteen retailers making their debut in the market such as Barnes & Noble, Ann Taylor LOFT, Chico's, Coldwater Creek, J. Jill and Jos. A. Bank. Other specialty retailers and restaurants include Jared's Galleria of Jewelry, Red Robin Gourmet Burgers, Banana Republic, Maggie Moo's Ice Cream and Treatery, Aveda, Justice, Portrait Innovations and a premier woman's fashion store, Talbot's (opening March 30).
"We are delighted to welcome shoppers to The Shoppes at St. Clair Square, to visit the fine array of stores and restaurants our expert leasing team has assembled," said Stephen Lebovitz, president of CBL & Associates Properties, Inc. "Combined with the multitude of options offered at our St. Clair Square mall, shoppers from Fairview Heights and well beyond will now have an additional first-class destination that will fill all their retail and dining needs."
The Shoppes at St. Clair Square is located within the St. Clair Square shopping complex near the western entrance of the mall at the intersection of Lincoln Highway and State Route 159. The open-air project features two-story exterior design storefronts, a streetscape sidewalk with decorative light poles as well as extensive landscaping throughout the property. More information may be found at www.stclairsquare.com