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01/26/2010
CBL $10

CBL & Associates CBL traded DOWN ($0.32) per share to close DOWN (3%) day

CBL outperformed Retail REITs, up +49% for 2009
CBL traded UP +4% year to date for 2010

CBL investor concern over sustainability of retail sales in light of variable employment trends

CBL a Retail REIT with a portfolio of regional malls in southeastern states

CBL we rank 2 BUY

CBL market cap $1.9 billion

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