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Feldman Extends Exclusivity Period

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April 18, 2012 07:30 ET

Feldman Extends Exclusivity Period

CHADDS FORD, PA--(Marketwire - Apr 18, 2012) - Feldman Mall Properties, Inc. (PINKSHEETS: [ FMLP ]) (the "Company") made the following announcement:

The exclusivity period for the proposed private placement of securities by the Company, announced on February 6, 2012, has been extended to Friday, April 20, 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 ].