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Feldman Mall Properties, Inc. Announcement

March 08, 2012 07:30 ET

Feldman Mall Properties, Inc. Announcement

NEW YORK, NY--(Marketwire - Mar 8, 2012) - Feldman Mall Properties, Inc. (PINKSHEETS: [ FMLP ])

FELDMAN TO PRIVATELY PLACE SECURITIES

The exclusivity period for the transaction announced on February 6, 2012 has been extended to Monday, March 19, 2012 in order to allow the parties further time to complete negotiation of a definitive agreement. There have been no other changes to the terms and conditions of the transaction.

About Feldman Mall Properties, Inc.

The Company's shares of common stock are quoted on Pink OTC Markets, a privately-owned company formerly known as Pink Sheets, which operates Pink Quote. For more information on Feldman Mall Properties, Inc. visit the Company website at [ www.feldmanmall.com ].