CBL & Associates Properties Declares Dividends Common and Preferred Stocks (CBL)

CBL & Associates Properties, Inc.

today announced that its Board of Directors has declared a quarterly cash dividend for the Company’s Common Stock of $0.20 per share for the quarter ending September 30, 2010. The dividend is payable on October 15, 2010, to shareholders of record as of September 30, 2010. The Board also declared a quarterly cash dividend of $0.484375 per depositary share for the quarter ending September 30, 2010, for the Company's 7.75% Series C Cumulative Redeemable Preferred Stock. The dividend, which equates to an annual dividend payment of $1.9375 per depositary share, is payable on September 30, 2010, to shareholders of record as of September 16, 2010. The Board also declared a quarterly cash dividend of $0.4609375 per depositary share for the quarter ending September 30, 2010, for the Company's 7.375% Series D Cumulative Redeemable Preferred Stock. The dividend, which equates to an annual dividend payment of $1.84375 per depositary share, is payable on September 30, 2010, to shareholders of record as of September 16, 2010.