Epstein Secrets

• 5 00% Update on refinancings at Fresno (CMBS deal expected in -S350M range), Corte Madera and Eastland. Update on potential outlet development in Carson, CA (entered into negotiating agreement with city for -500ksf outlet mall) Update on department store health and potential for taking back more spa

2016 3016 Earrings "us Actual Actual DIM Cons FFO/sh S101 51 02 $1 01 FFO/sh as adjusted SI 01 SI 02 $1 04 SI 05 INtrotirq Matins Actusl AMA Pet CoBo Occupancy (Total centers. signed) 954% 950% 953% Aq Ch -1 Obp Old 2500 vN Ch CON, .soop -15to °person/closing rent sprea

• 5 00% Update on refinancings at Fresno (CMBS deal expected in -S350M range), Corte Madera and Eastland. Update on potential outlet development in Carson, CA (entered into negotiating agreement with city for -500ksf outlet mall) Update on department store health and potential for taking back more spa

2016 3016 Earrings "us Actual Actual DIM Cons FFO/sh S101 51 02 $1 01 FFO/sh as adjusted SI 01 SI 02 $1 04 SI 05 INtrotirq Matins Actusl AMA Pet CoBo Occupancy (Total centers. signed) 954% 950% 953% Aq Ch -1 Obp Old 2500 vN Ch CON, .soop -15to °person/closing rent sprea

• 5 00% Update on refinancings at Fresno (CMBS deal expected in -S350M range), Corte Madera and Eastland. Update on potential outlet development in Carson, CA (entered into negotiating agreement with city for -500ksf outlet mall) Update on department store health and potential for taking back more spa

2016 3016 Earrings "us Actual Actual DIM Cons FFO/sh S101 51 02 $1 01 FFO/sh as adjusted SI 01 SI 02 $1 04 SI 05 INtrotirq Matins Actusl AMA Pet CoBo Occupancy (Total centers. signed) 954% 950% 953% Aq Ch -1 Obp Old 2500 vN Ch CON, .soop -15to °person/closing rent sprea