TAUBMAN MALLS TO DISTRIBUTE GIFT CARD VOUCHERS TO U.S.-BOUND TRAVELERS AT WINDSOR-DETROIT TUNNEL ON DAY AFTER THANKSGIVING

Released: 11/26/07

BLOOMFIELD HILLS, Mich., Nov. 19, 2007 —Taubman Centers, Inc. (NYSE: TCO) will spread the green on the day after U.S. Thanksgiving — one of the biggest shopping days of the year. Its four Detroit-area malls are giving away $20 (U.S. dollar) gift card vouchers to the first 2,007 vehicles that enter the United States from Canada through the Windsor-Detroit Tunnel on Friday, Nov. 23, from 5 a.m. to 10 a.m. or while supplies last.

The vouchers may be redeemed from 6 a.m. to 1 p.m. that day only — the traditional day that kicks off the U.S. holiday shopping season — at four Detroit-area Taubman malls, located within an hour’s drive of the international border.

“With the Canadian dollar at a record high, there’s never been a better time for Canadians to shop in the United States,” notes Karen Mac Donald, director, communications for Taubman.

Travelers leaving Windsor, Ontario who pay the toll to pass through the tunnel beginning at 5 a.m. will receive a voucher for the mall gift card to be redeemed at the customer service centers of The Mall at Partridge Creek in Clinton Township, Fairlane Town Center in Dearborn, Twelve Oaks Mall in Novi or Great Lakes Crossing in Auburn Hills, Mich. Windsor Tunnel staff will distribute one voucher per vehicle. The voucher must be redeemed by 1 p.m.

“This unique promotion with the Windsor-Detroit Tunnel is a great way to launch the holiday season on both sides of the border,” adds Mac Donald.

Taubman Centers, Inc. (NYSE: TCO), a real estate investment trust, owns and/or manages 24 shopping centers in 11 states. For more information about Taubman Centers visit www.taubman.com.