X0201 42003-12-29 0000085388 ROUSE COMPANY RSE 0001215324 SCAVO ALTON J C/O THE ROUSE COMPANY 10275 LITTLE PATUXENT PARKWAY COLUMBIA MD 21044-3456 0100Executive Vice-PresidentCommon Stock2003-12-294M01129036.92A182373DCommon Stock2003-12-294M0267536.92A185048DCommon Stock2003-12-294F01109246.48D173956DCommon Stock2003-12-264G0216D173740DStock Options (Right to Buy)36.922003-12-294M0112900D2003-05-282004-09-21Common Stock112900DStock Options (Right to Buy)36.922003-12-294M026750D2003-05-282007-12-10Common Stock26750DStock Options (Right to Buy)47.002003-12-294A089670A2003-12-292004-09-21Common Stock89678967DStock Options (Right to Buy)47.002003-12-294A021250A2003-12-292007-12-10Common Stock21252125DIn 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 11,092 shares of Company common stock.Gift of 216 shares of The Rouse Company Common Stock to Howard County General HospitalIn addition, Mr. Scavo holds 3,974.419 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-fact2003-12-30