CBL & Associates Properties Announces Promotions

  CBL & Associates Properties Announces Promotions

Business Wire

CHATTANOOGA, Tenn. -- February 12, 2013

CBL & Associates Properties, Inc. (NYSE: CBL) today announced the promotions
of Gary Roddy to Vice President – Collections, Tricia Tweedie to Vice
President – Billings and Jim Ward to Vice President - Branding.

Commenting on the promotions, CBL’s President, Stephen Lebovitz said, “These
individuals have established themselves as leaders within CBL in their
respective fields and the shopping center industry. We are pleased to
recognize their accomplishments and significant contributions to the Company
with these promotions.”

Lebovitz added, “Gary has shown tremendous initiative with his approach to
collections, ensuring the Company is always minimizing the receivables
balance. His oversight has been critical to the program. Tricia continually
demonstrates her amazing work ethic and dedication to CBL. Her leadership and
direction help to ensure the accuracy and promptness of billings. Jim’s strong
entrepreneurial spirit sets a great example for his team. He is continually
focused on finding new opportunities to push the CBL branding program to even
greater heights. Each of these individuals deserves to be recognized for their
achievements and to be congratulated on their individual excellence.”

Gary Roddy joined CBL’s collections department in May 1985. He was promoted to
Director of Collections in May 1999 and to Senior Director – Collections in
January 2002. Roddy is responsible for coordinating and overseeing the
Company’s collections efforts. During his more than 25 years with CBL, Roddy
has effectively minimized the Company’s year-end net receivables balance and
has helped to develop new tools to enhance the effectiveness of home office
and property collections coordination. Roddy graduated from the University of
Tennessee at Chattanooga with a Bachelor of Science degree in Business
Administration.

Tricia Tweedie joined CBL as a maintenance coordinator in January 1988, moving
to the billings department in 1990. She coordinated the billings of the mall
property accounts managers and home office billed centers. Tricia was promoted
to Director of Billings Department in May 1999. In January 2002, Tricia was
promoted to Senior Director of Billings. Under Tweedie’s direction, the
billings department bills over 14,500 tenants annually in an accurate and
timely manner. Tweedie graduated from Tennessee Temple University with a
Bachelor of Science degree in Music Education.

Jim Ward originally joined CBL in September 1998 as an assistant manager at
Hickory Hollow Mall in Nashville, Tennessee. In July 1999, he left CBL to
attend the University of Cincinnati Law School. After graduating and passing
his Tennessee Bar Exam, he joined the law firm of Husch Blackwell. In October
2003, he rejoined CBL as manager of Georgia Square in Athens, Georgia. In May
2005, he became the manager of Cross Creek Mall in Fayetteville, North
Carolina. In February 2006, he was promoted to Director of Sponsorship &
Branding. Ward graduated from University of Tennessee at Chattanooga with a
Bachelor of Science degree in Environmental Science and Chemistry and received
his Juris Doctor from University of Cincinnati Law School.

CBL is one of the largest and most active owners and developers of malls and
shopping centers in the United States. CBL owns, holds interest in or manages
163 properties, including 94 regional malls/open-air centers. The properties
are located in 27 states and total 91.7 million square feet including 9.4
million square feet of non-owned shopping centers managed for third parties.
Headquartered in Chattanooga, TN, CBL has regional offices in Boston
(Waltham), MA, Dallas (Irving), TX, and St. Louis, MO. Additional information
can be found atcblproperties.com.

Information included herein contains "forward-looking statements" within the
meaning of the federal securities laws. Such statements are inherently subject
to risks and uncertainties, many of which cannot be predicted with accuracy
and some of which might not even be anticipated. Future events and actual
events, financial and otherwise, may differ materially from the events and
results discussed in the forward-looking statements. The reader is directed to
the Company's various filings with the Securities and Exchange Commission,
including without limitation the Company's Annual Report on Form 10-K and the
"Management's Discussion and Analysis of Financial Condition and Results of
Operations" incorporated by reference therein, for a discussion of such risks
and uncertainties.

Contact:

CBL & Associates Properties, Inc.
Katie Reinsmidt, 423-490-8301
Senior Vice President - Investor Relations and Corporate Investments
katie_reinsmidt@cblproperties.com
 
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