SOURCE: CMG Acquisition Co.

January 22, 2010 18:13 ET

CMG Acquisition Co., LLC Announces Extension of Tender Offer to Acquire up to 800,000 Shares of Inland Western Retail Real Estate Trust, Inc. for $1.50 per Share in Cash

SEATTLE, WA--(Marketwire - January 22, 2010) - CMG Acquisition Co., LLC, ("Purchaser") today announced that it has extended the expiration date of its tender offer to acquire up to 800,000 shares of common stock (the "Shares") in Inland Western Retail Real Estate Trust, Inc. (the "Corporation") at a purchase price equal to $1.50 per Share in cash. The tender offer, which commenced on December 21, 2009, was previously scheduled to expire on January 29, 2010.

Purchaser decided to extend the expiration date in recognition of the continuing demand by the Corporation's shareholders for liquidity. Shareholders who have not previously tendered Shares and wish to do so must validly tender their Shares on or prior to the new expiration date of February 26, 2010. Shareholders who have previously tendered Shares do not need to re-tender or take any other action in response to this extension; such Shares will be submitted for transfer on or around the original expiration date, and such Shareholders should receive payment well before the new Expiration Date. Except for the extension of the tender offer expiration date, all other terms and conditions of the offer remain unchanged.

As of Wednesday, January 20, 2010, approximately 114,531 Shares had been tendered into and not withdrawn from the offer.