X0201 42003-11-11 0000085388 ROUSE COMPANY RSE 0001215324 SCAVO ALTON J C/O THE ROUSE COMPANY 10275 LITTLE PATUXENT PARKWAY COLUMBIA MD 21044-3456 0100Executive Vice-PresidentCommon Stock2003-11-114M02537621.625A190302DCommon Stock2003-11-114F01221944.91D178083DStock Options (Right to Buy)21.6252003-11-114M0253760D2003-02-242010-02-23Common Stock253760DStock Options (Right to Buy)44.622003-11-114A0122190A2003-11-112010-02-23Common Stock1221912219DIn payment of the purchase price upon the exercise of stock options granted under an employee stock option plan of The Rouse Company, the Reporting Person surrendered an aggregate of 12,219 shares of Company common stock.In addition, Mr. Scavo holds 3,938.967 shares of The Rouse Company stock in his 401(k) plan. Also in addition, 50 shares of The Rouse Company stock are held by a family member of Mr. Scavo.Grant of "reload" stock options pursuant to The Rouse Company 2001 Stock Incentive Plan.Jeffrey C. Palkovitz, attorney-in-fact2003-11-12