X0202 4/A 2004-11-12 2004-11-10 0 0000895648 GENERAL GROWTH PROPERTIES INC GGP 0001196091 MICHAELS ROBERT A C/O GENERAL GROWTH PROPERTIES INC 110 NORTH WACKER DRIVE CHICAGO IL 60606 1 1 0 0 President & COO Common Stock 2004-11-12 4 X 0 79500 32.23 A 929600 D Common Stock Warrants (right to buy) 32.23 2004-11-12 4 X 0 795000 0 D 2004-10-25 2004-11-12 Common Stock 79500 0 D Includes 904 shares purchased under the General Growth Properties, Inc. Employee Stock Purchase Plan for the period January 1, 2004 to June 30, 2004, which transaction was exempt from Section 16 pursuant to Rule 16b-3(c). The Issuer issued warrants in which each shareholder as of the close of business on Monday, October 18, 2004 was allocated, at no charge, 0.10 non-transferable warrants for each share or common unit owned. Each whole warrant represented the right to purchase one share of GGP common stock for $32.23 per share. Each warrant holder could also elect to purchase additional shares at the exercise price if other warrant holders did not fully exercise their warrants. /s/ Robert A. Michaels 2004-11-12