Mills Corp. Pushes Back Filing Deadline

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CHEVY CHASE, MD-Embattled Mills Corp. needs an additional three to four weeks to file its Form 10-K with the Securities and Exchange Commission. The company had hoped to file that form yesterday or today. After the 10-K is given to the SEC, Mills then expects to file its first, second and third quarter 2006 Form 10-Qs with the SEC.

In a Sept. 15 Form 8-K filing Mills reported that it believed it would file its 2005 Form 10-K on or about Oct. 31, 2006. Mills targeted this date assuming it would have completed restating prior years’ financial statements, and that an independent investigation into various accounting issues being conducted by the company’s board of directors, Audit Committee and its counsel Gibson, Dunn & Crutcher LLP, would be complete. Also, an audit of its 2005 financial statements conducted by Ernst & Young LLP was expected to be complete.