Macerich (MAC)

Q4 2011 Earnings Call

February 3, 2012 1:30 p.m. ET

Executives

Art Coppola – CEO and Chairman of the Board of Directors

Ed Coppola – President

Tom O’Hern – Senior Executive VP and Chief Financial Officer

Randy Brant – Executive VP, Real Estate.

Analysts

Craig Schmidt – Bank of America Merrill Lynch

Quentin Velleley – Citi

Paul Morgan – Morgan Stanley

Christy McElroy – UBS

Todd Thomas – KeyBanc Capital Markets

Vincent Chao – Deutsche Bank

Steve Sakwa – ISI

Cedrik Lachance – Green Street Advisors

Alexander Goldfarb – Sandler O’Neill

Wes Golladay – RBC Capital Markets

Ben Yang – KBW

Tayo Okusanya – Jefferies & Co.

Michael Mueller – JPMorgan

Presentation

Operator

Welcome to the Macerich Company fourth quarter 2011 earnings conference call. Today’s call is being recorded. [Operator instructions.] would now like to turn the call over to Jean Wood, Vice President of Investor Relations. Please

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