X0201 42003-09-0300000914713MILLS CORP MLS0001245872BRAITHWAITE JAMES CC/O KAN AM3290 NORTHSIDE PARKWAY, SUITE 825ATLANTAGA303271000Common Stock2003-09-034M0100023.5A6001DCommon Stock2003-09-034M0100019.875A7001DCommon Stock2003-09-034M0100024.69A8001DCommon Stock2003-09-034C010000A18001DCommon Stock2003-09-034S0270038.3D15301DCommon Stock2003-09-034S030038.41D15001DCommon Stock2003-09-044S0100038.58D14001DCommon Stock2003-09-044S060038.56D13401DCommon Stock2003-09-044S0840038.5D5001DCommon Stock1001ISee FootnoteUnits2003-09-034C010000DCommon Stock10000268779DUnitsCommon Stock1867518675Isee footnoteStock option (right to buy)23.52003-09-034M0100023.5D1997-04-212004-04-21Common Stock10000DStock option (right to buy)19.8752003-09-034M0100019.875D1998-05-252005-05-25Common Stock10000DStock option (right to buy)24.692003-09-034M0100024.69D2001-05-282008-05-28Common Stock10000DConversion by the reporting person of 10,000 units into 10,000 shares of common stock (as reported on Table II). No consideration was paid in connection with this acquisition. See footnote 4 belowThese shares of common stock are held by the reporting person???s mother-in-law. The reporting person has a power of attorney to dispose of such shares of common stock. The reporting person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the reporting is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.Units represent limited partnership interests in The Mills Limited Partnership, the Operating Partnership of the Issuer and of which the Issuer is the sole general partner and majority unit holder. The Units are exchangeable beginning one year after their issuance for common stock of the Issuer (on a 1-for-1 basis) or, at the Issuer???s election, for the cash value of such common stock.Conversion by the reporting person of 10,000 units into 10,000 shares of common stock (as reported on Table I).The units are current exchangeable for common stock during four periods a year as specified in the partnership agreement of The Mills Limited Partnership.There is no expiration date for the exchange of units for common stock.No additional consideration is payable in connection with the exchange of units for common stock.These units are held by Braithwaite Family Partnership, LP, of which the reporting person is the sole general partner. The reporting person disclaims beneficial ownership of the reported Units except to the extent of his pecuniary interest therein.The options vested in equal installments on April 21, 1997 and April 21, 1998.The options vested in equal installments on May 25, 1998 and May 25, 1999.The options vested in equal installments on May 28, 2001 and May 28, 2002./s/ James C. Braithwaite2003-09-03