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CBL is one of the largest and most active owners and developers of malls and shopping centers in the United States. CBL owns, holds interests in or manages 159 properties, including 87 regional malls/open-air centers. The properties are located in 26 states and total 86.5 million square feet including 3.6 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 at cblproperties.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.

President Obama has extended a 21-year-old defense program that allows large defense contractors to withhold subcontracting information from the public, media and Congress. The program - known as the Comprehensive Subcontracting Plan Test Program (CSPTP) - was established in 1990 in an attempt to reduce administrative burdens associated with small business subcontracting goals. The program's three-year reauthorization was included in the National Defense Authorization Act of 2012. The American Small Business League (ASBL) has long maintained that the CSPTP allows large defense contractors to evade the Small Business Act, which requires that 23 percent of all federal contracts (including subcontracts) must be with small businesses.