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Conference Call to Discuss Results Will Be Held at 11:00 a.m. ET, Wednesday, August 9, 2006 NEW YORK, July 28 /-FirstCall/ -- Feldman Mall Properties, Inc. (NYSE: FMP), a real estate investment trust exclusively focused on the renovation and repositioning of regional shopping malls, today announced that it will release financial results for the second quarter 2006 on Wednesday, August 9, 2006, before the open of the days trading on the New York Stock Exchange. The Companys executive management team will host a conference call and audio web cast on Wednesday, August 9, 2006, at 11:00 a.m. ET to discuss the financial results. The conference call may be accessed by dialing 800-257-6607. No pass code is required. The live conference will be simultaneously broadcast in a listen-only mode on the Companys web site at http://www.feldmanmall.com . A replay of the call will be available for a limited time by dialing 800-405-2236 using the pass code 11067496, or you may access the replay via the Companys web site. About Feldman Mall Properties, Inc. Feldman Mall Properties, Inc. acquires, renovates and repositions enclosed regional shopping malls. Feldman Mall Properties Inc.s investment strategy is to opportunistically acquire underperforming malls, and transform them into physically attractive and profitable Class A malls through comprehensive renovation and re-tenanting efforts aimed at increasing shopper traffic and tenant sales. To receive the Companys latest news releases and other corporate documents, please contact the Company at (516) 684-1239. All releases and supplemental data can also be downloaded directly from the Feldman Mall Properties website at: http://www.FeldmanMall.com .
 
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