Taubman Announces First 22 Stores in Twelve Oaks Mall Expansion

BLOOMFIELD HILLS, Mich., April 18 /PRNewswire-FirstCall/ -- Taubman Centers, Inc. today announced 22 specialty retailers to open as part of the 97,000-square-foot expansion at Twelve Oaks Mall in Novi, Mich. on September 28, 2007.

The lineup, including fashion, footwear and family favorites, also features a 165,000-square-foot Nordstrom.

Martin + Osa, making its Michigan debut, is a new retail apparel brand offering high-quality, versatile styles for 25 to 35-year-olds to wear seven days of the week. Inspired by Martin and Osa Johnson, a married couple who spent their lives traveling and documenting remote places of the world in the 1920s and 1930s, Martin + Osa designs clothing to fit a busy, modern lifestyle. It is a division of American Eagle Outfitters.

Apparel and accessory additions include: Arden B and its hip, sophisticated women's wear fresh off the runway; Lucky Brand Jeans, authentic quality denim for men and women; Coldwater Creek, known for casual, comfortable women's apparel - from fashion basics to weekend and career wear; For Love 21, an accessories-only store from Forever 21, the retailer known for providing the most current styles at the greatest value; The Levi's(R) Store, provider of the original authentic jeans brand; and the Oakley O Store carries its trademark sunglasses, footwear, apparel, watches and accessories for both men and women.

Other just-announced tenants include: lucy, offering figure-flattering women's workout wear, footwear, accessories, watches and sunglasses; upbeat British brand LUSH Fresh Handmade Cosmetics packs its bath and body products with high-quality, fresh, organic ingredients; Illuminations, showcasing premium candles and home decorating solutions; and Amy's Hallmark Gold Crown Store.

Also new to the lineup are three popular national footwear retailers: Florsheim, a trusted name in men's footwear; Michigan's only full-line Skechers, known for trend-right athletic and casual footwear for the entire family; and Wild Pair, showcasing fashion-forward shoes and accessories that appeal to hip young men and women.

Shops relocating to the new Nordstrom wing include women's swimwear hotspot Everything But Water; J.B. Robinson Jewelers, offering fine jewelry and watches since 1929; Papyrus, specializing in high-quality greeting cards, paper goods and gifts; and Select Comfort, inventors of the Sleep Number bed that uses air chamber technology.

Additional retailers joining the existing shopping center in September are: A|X Armani Exchange, an incubator for designer Giorgio Armani's edgy separates for men and women inspired by street-chic culture; Clarks, famous for its best-selling, comfort-perfect shoes, ranging from clogs and sandals to rugged performance and sophisticated career styles; and Tapper's Diamonds and Fine Jewelry, a luxury jeweler, offering a deep selection of diamonds, engagement rings, wedding bands and the top designer names in fine jewelry and timepieces PUMA(R) makes an earlier debut in the summer. The athletic brand fuses the influences of sport, fashion and lifestyle and offers the unexpected in sportlifestyle footwear, apparel and accessories for men and women.

"The addition of these great retailers, along with Nordstrom, is fantastic for Twelve Oaks and our shoppers," says Daniel Jones, General Manager, Twelve Oaks Mall. "It further positions us as one of the top shopping destinations in the state."

Besides the new wing, located on the southeast corner of the shopping center, Macy's is expanding by 60,000 square feet. The construction began in early 2006 and the combined projects expand the mall from 1.2 to 1.5 million square feet.

"Not only is this expansion important for the city of Novi, but it's symbolic for the entire western region of metro Detroit," adds Novi Mayor David Landry. "It's all positive for our area and, as you can tell, I'm thrilled about every aspect of this project. I know there are a lot of people ready to go shopping at all of the new stores and Nordstrom including me."

Taubman Centers, Inc., a real estate investment trust, owns and/or manages 23 urban and suburban regional and super regional shopping centers in 11 states. Taubman Centers is headquartered in Bloomfield Hills, Mich.

This press release contains forward-looking statements within the meaning of the Securities Act of 1933 as amended. These statements reflect management's current views with respect to future events and financial performance. Actual results may differ materially from those expected because of various risks and uncertainties, including, but not limited to changes in general economic and real estate conditions, changes in the interest rate environment and availability of financing, and adverse changes in the retail industry. Other risks and uncertainties are discussed in the company's filings with the Securities and Exchange Commission including its most recent Annual Report on Form 10-K.

Contact: Peggy Hayes Marketing Director (248)348-9438 phayes@taubman.com Karen MacDonald Director, Communications (248)-258-7469 kmacdonald@taubman.com