Westfield America, Inc. (NYSE:WEA) declares first quarter dividend

20 March 2001

Countries: United States

Los Angeles, CA, March 20, 2001 – The Board of Directors of Westfield America, Inc. (NYSE: WEA) today declared a dividend for the first quarter, ending March 31, 2001, of $0.3725 per share, or $1.49 on an annual basis. The dividend will be paid on April 30, 2001 to shareholders of record on March 30, 2001.

Westfield America, Inc. (NYSE: WEA), a real estate investment trust, is one of the nation’s leading owners of regional shopping centers. The Company owns interests in 39 major shopping centers, branded as Westfield Shoppingtowns. Westfield Shoppingtowns are home to more than 5,000 specialty stores, serve 10 % of the U.S. population and comprise approximately 37.8 million square feet of leasable space in California, Colorado, Connecticut, Maryland, Missouri, New Jersey, New York, North Carolina and Washington.