CBL & ASSOCIATES PROPERTIES INC — Director's Dealing 2012

May 2, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CBL & ASSOCIATES PROPERTIES INC (CBL)
CIK: 0000910612
Period of Report: 2012-04-17

Reporting Person: DEROSA THOMAS J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-04-17	Common Stock, $.01 Par Value	J	51.1512	$18.875	Acquired	4439.6971	Direct

Footnotes

F1: The shares were acquired via the Company's Dividend Reinvestment Plan.