The Macerich Company Announces Wood as Vice President Investor Relations

SANTA MONICA, Calif., June 23 /PRNewswire-FirstCall/ -- Macerich (NYSE:
MAC) today named Jean Wood as Vice President of Investor Relations.

Wood joined Macerich shortly after their IPO in 1994. During her
fourteen-year tenure at Macerich, Wood has been a critical part of the
finance team and has been part of MAC's growth from a total market
capitalization of $755 million at IPO to over $13 billion today. Her most
recent position at Macerich was Vice President, Business Planning &
Analysis.

Wood will report to Macerich Executive Vice President and Chief
Financial Officer Thomas O'Hern.

"With her financial background and long term tenure at Macerich, Wood
brings a wealth of financial, accounting and shopping center knowledge. She
looks forward to sharing her expertise with current and prospective
investors," said O'Hern.

Wood holds a BS degree in Economics from Stanford University and
started her career as a certified public accountant with
PricewaterhousCoopers in San Francisco.

Wood is based in the Company's Santa Monica office, and can be reached
by phone at 310-899-6366, and by e-mail at jean.wood@macerich.com.

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 77 million square feet of gross leaseable area consisting
primarily of interests in 72 regional malls. Additional information about
Macerich can be obtained from the Company's web site at
http://www.macerich.com.

[Via Real Estate California]