MLS Mills Corp

The Mills Corporation (NYSE:MLS) announced today that the New York Stock Exchange (NYSE) granted the Company an additional one-month trading period through April 2, 2007, subject to reassessment on an ongoing basis. Further material details regarding the trading extension from the New York Stock Exchange will be described in a Form 8-K filed with the SEC. About The Mills Corporation The Mills Corporation, based in Chevy Chase, MD, is a developer, owner and manager of a diversified portfolio of retail destinations, including regional shopping malls and market-dominant retail and entertainment centers. It currently owns 38 properties in the United States totaling approximately 47 million square feet. The Mills is traded on the New York Stock Exchange under the ticker: MLS. For more information, visit the Company's website at www.themills.com. Forward-Looking Statements This release contains forward-looking statements as defined by the federal securities laws which are based on our current expectations and assumptions, which are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated, projected or implied, including, among other things, risks relating to the expected timing of the completion and financial benefits of the tender offer and the merger. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.