4 2003-07-15 0 0000895648 GENERAL GROWTH PROPERTIES INC GGP 0001183032 HOYT EDMUND J 0 1 0 0 SVP, Chief Accounting Officer Depositary Shares 0 2003-07-15 4 J 0 300 0 D 1998-06-10 2003-07-11 Common Stock 188 0 D The reporting person owns 300 Depositary Shares, each representing 1/40 of a share of 7.25% Preferred Income Equity Redeemable Stock, Series A, which were called for redemption by the Issuer at the rate equivalent to 0.6297 shares of Common Stock per Depositary Share. This transaction is exempt from Section 16(b) pursuant to Rule 16b-3(e). /s/ Edmund Hoyt 2003-07-16