Taubman Centers' EBITDA for the second quarter of 2000 was $54.8million, a 5.6% increase from the $51.9 million in the prior year'scomparable quarter. EBITDA for the six months ended June 30, 2000was $111 million, an 8.9% increase over the $102.0 million in firsthalf of 1999.

Sales per sf for mall tenants was up 6.6% for the quarter andmall tenant sales increased 5%, according to the company. For thesix- month period ended June 30, 2000, sales per sf for malltenants was up 6.8% and mall tenant sales were up 7.6%. For the 12months ended June 30, average rent per sf for stores in centersowned and operating at least five years was $43.97, up 3.% from$42.71 for the 12 months ended June 30, 1999.

Average occupancy for all centers was 88.1% in both the secondquarters of 2000 and 1999. Average occupancy for the six-monthperiod was 88.5 percent compared to 88.4% in 1999. Leased space atthe end of the period was 90.5%, vs. 91.7% at June 30, 1999.

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