X0306 4 2012-08-28 0 0001528558 Rouse Properties, Inc. RSE 0001538746 SILBERFEIN ANDREW 1114 AVENUE OF THE AMERICAS SUITE 2800 NEW YORK NY 10110 1 1 0 0 President & CEO COMMON STOCK 2012-08-28 4 P 0 15000 13.8312 A 30271.368 D The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.73 to $14.00, inclusive. The reporting person undertakes to provide upon request by the Securities and Exchange Commission, the issuer, or any security holder of the issuer, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1) to this Form 4. /s/ Andrew Silberfein 2012-08-29