Katie Reinsmidt

This conference call 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 results, financial and otherwise, may differ materially from the events and results discussed in the forward-looking statements. We direct you to the company’s various filings with the Securities and Exchange Commission, including without limitation, the company’s most recent Annual Report on Form 10-K as amended and management’s discussion and analysis of financial condition and results of operations included therein for a discussion of such risks and uncertainties.

During our discussion today references made to per share amounts are based on a fully diluted converted share basis. A transcript of today’s comments, earnings release and additional supplemental schedules will be furnished to the SEC on Form 8-K and will be available on our website.

This call will also be available for replay on the Internet through a link on our website at cblproperties.com. This conference call is the property of CBL & Associates Properties, Inc. Any redistribution, or retransmission or rebroadcast of this call without the expressed written consent of CBL is strictly prohibited.

During this call, the company may discuss non-GAAP financial measures as defined by SEC Regulation G. A description of each non-GAAP measure and a reconciliation of each non-GAAP financial measure to a comparable GAAP financial measure will be included in the earnings release that is furnished on the 8-K.

Stephen Lebovitz

Thank you, Katie. We have a great list of highlights to share with you, including positive FFO growth and positive 1.4% same-center NOI growth. We are turning the corner with our leasing results, achieving a 100 basis points year-over-year improvement in portfolio occupancy and more importantly 10% growth in lease spreads.

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