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                               UNITED STATES
                     SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, D.C.

                          SCHEDULE 14A INFORMATION

        PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES
                   EXCHANGE ACT OF 1934 (AMENDMENT NO. )

Filed by the Registrant [X]
Filed by a Party other than the Registrant [ ]

Check the appropriate box:
[ ]    Preliminary Proxy Statement
[ ]    Confidential, for Use of the Commission Only (as permitted by
       Rule14a-6(e)(2))
[ ]    Definitive Proxy Statement
[X]    Definitive Additional Materials
[ ]    Soliciting Material Pursuant to Rule 14a-12


                             THE ROUSE COMPANY
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              (Name of Registrant as Specified in its Charter)


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  (Name of Person(s) Filing Proxy Statement, if other than the Registrant)


Payment of Filing Fee (Check the appropriate box):

[X]  No fee required

[ ]  Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.

     (1)  Title of each class of securities to which transaction applies:


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     (2)  Aggregate number of securities to which transaction applies:


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     (3)  Per unit price or other underlying value of transaction computed
          pursuant to Exchange Act Rule 0-11 (set forth the amount on which
          the filing fee is calculated and state how it was determined):


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     (4)  Proposed maximum aggregate value of transaction:


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     (5)  Total fee paid:


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[ ]  Fee paid previously with preliminary materials:

[ ]  Check box if any part of the fee is offset as provided by Exchange Act
     Rule 0-11(a)(2) and identify the filing for which the offsetting fee
     was paid previously. Identify the previous filing by registration
     statement number, or the Form or Schedule and the date of its filing.

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The following is a set of Frequently Asked Questions that was first posted
on Rouse's intranet on October 27, 2004.

OCTOBER 27, 2004

FREQUENTLY ASKED QUESTIONS BY EMPLOYEES OF THE ROUSE COMPANY
REGARDING MERGER WITH
GENERAL GROWTH PROPERTIES, INC. ("GGP")

WHAT WILL HAPPEN TO PAID TIME OFF TIME FOR 2004?
If the merger closes this year, employees of the combined company will
receive any time off credit hours per General Growth's policies on 1/1/05.
Years of service with TRC will be recognized for allocation of time off
credit hours.

Any corporate or field exempt employee will be able to roll over any
unused, accrued sick time to GGP, up to a maximum of 240 hours. Hourly
field employees with pooled time off will be paid out according to TRC
policy.

Up to 40 hours of unused, accrued vacation time will be able to be rolled
over to 2005. GGP does not have any occasional absence days and therefore
there will be no carry over of these days.

WILL ELIGIBLE SECURITY FORCE EMPLOYEES STILL RECEIVE A POOLED TIME OFF
PAYOUT AT THE END OF 2004 OR WILL THIS UNUSED TIME ROLL INTO THE SICK TIME
"BUCKET" FOR 2005?
If the merger closes in 2004, any Security employee retained by the
combined company or one of the Security Contracting Companies will receive
his/her pooled time off payout per TRC policy.

WILL GGP OFFER AN EARLY RETIREMENT PACKAGE (75 RULE) THAT IS SIMILAR TO THE
TRC EARLY RETIREMENT PLAN TO ELIGIBLE EMPLOYEES WITH RETIREE MEDICAL
BENEFITS, OR WILL TRC OFFER AN EARLY RETIREMENT PLAN TO ELIGIBLE EMPLOYEES
PRIOR TO CLOSING WITH RETIREE MEDICAL BENEFITS?
There are currently no plans to offer anyone early retirement packages.

IF THE DEAL CLOSES AND I BECOME AN EMPLOYEE OF THE COMBINED COMPANY, WILL I
BE ABLE TO CONTRIBUTE TO THE GGP 401K PLAN IMMEDIATELY OR IS THERE A
WAITING PERIOD? IF I CAN CONTRIBUTE, WHAT IS THE MATCHING PERCENTAGE BY
GGP? WHO ADMINISTERS GGP'S 401K?
The Vanguard Group administers GGP's 401K plan. Any current TRC 401K plan
participant who is an employee of the combined company will be able to
participate in GGP's plan effective 1/1/05, if the closing occurs in 2004.
The current GGP match is $1 for each $1 on the first 4% deferred and $.50
for each $1 on the next 2% deferred. There is no waiting period for
vesting.

WHAT IS GGP'S INTENT WITH REGARDS TO THE TRC HEADQUARTERS BUILDING IN
COLUMBIA, MD?
At this time, GGP intends to retain the TRC headquarters building
indefinitely.

THE TRC HANDBOOK SAYS THAT IF AN EMPLOYEE IS NOT OFFERED A "SIMILAR OR
EQUIVALENT POSITION WITHIN 30 DAYS" AFTER A TRANSFER OF OWNERSHIP OR
MANAGEMENT, THE EMPLOYEE IS CONSIDERED TERMINATED AS A REDUCTION IN FORCE.
WILL THIS APPLY TO ALL EMPLOYEES, INCLUDING THOSE IN HQ, AFTER THE CLOSING?
Unless communicated otherwise, all employees of TRC should plan to come to
work as usual the day after the closing of the merger. After the closing,
unless communicated otherwise, all TRC employees will continue to be
employees of the combined company.

THE ROUSE "VACATION" YEAR ENDS AROUND DECEMBER 23RD (I.E., WE WOULD HAVE
STARTED ACCRUING AND USING 2005 VACATION DAYS AFTER THAT TIME). SO, IF THE
TRANSACTION CLOSES BEFORE DECEMBER 23RD, WILL CONTINUING EMPLOYEES BE ABLE
TO ACCRUE ANY ADDITIONAL VACATION DAYS TO USE OVER THE HOLIDAYS? THIS
QUESTION COMES UP BECAUSE MANY PEOPLE USED THEIR HOLIDAY VACATION DAYS IN
DECEMBER 2003, NOT PLANNING FOR SUCH A TRANSACTION. THEY BELIEVED THEY
WOULD (AS USUAL) HAVE NEXT YEAR'S DAYS TO USE THIS DECEMBER. PLEASE ADVISE?
If the closing occurs in 2004, any employees of the combined company would
receive new time off credit as of 1/1/05. Due to the differences between
GGP's and TRC's policies, those employees who have used all of their 2004
vacation time will be allowed to use vacation time between December 24 and
December 31, 2004 and have it deducted from their 1/1/05 credited time off.
These employees will need to manage their remaining time off for the
balance of 2005, as there will not be an advance provided for 2006 credit.

CAN YOU TELL ME WHAT WILL BE THE PAID TIME OFF POLICY, ONCE THE MERGER
CLOSES, FOR THANKSGIVING, CHRISTMAS AND THE NEW YEAR HOLIDAYS FOR TRC
EMPLOYEES WHO BECOME EMPLOYEES OF THE COMBINED COMPANY?
If the closing occurs before the holidays in 2004, former TRC employees
will continue to have Thanksgiving Day -- Thursday, November 25th, and
Christmas Eve -- Friday, December 24th as a holiday with paid time off.

GGP's headquarters in Chicago and all of its regional offices are open the
day after Thanksgiving and the day after Christmas. Therefore, GGP's
Columbia office will be open on Friday, November 26th and Monday, December
27th. A "skeleton staff" will be needed in Columbia to support business
activities on those two days. Employees who volunteer to work one of those
days will be given another day off of their choice during the 2004 holiday
season.

As of 1/1/05, employees of the combined company would be eligible, at the
corporate and regional offices for New Years Day as a paid holiday. GGP
will honor New Years Eve, December 31st as the 2005 New Years Day paid
holiday. Mall employees would receive a credit for 10 personal holidays on
1/1/05 to use on their days of choice. They may take 1/1/05 as a paid
personal day if they have it approved in advance by their supervisor.

DOES TRC PLAN ON DISTRIBUTING BONUSES TO ACTIVE EMPLOYEES FOR YEARS OF
DEDICATED SERVICE?
There are no plans for a program of this kind.


                   CAUTIONARY FORWARD LOOKING STATEMENTS

This document includes forward-looking statements, which reflect the
Company's current view with respect to future events and financial
performance. These forward-looking statements are subject to certain risks
and uncertainties, which could cause actual results to differ materially
from historical or anticipated results. The words "will," "plan,"
"believe," "expect," "anticipate," "should," "target," "intend," and
similar expressions identify forward-looking statements. Readers are
cautioned not to place undue reliance on these forward-looking statements,
which speak only as of their dates. The Rouse Company undertakes no
obligation to publicly update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise. For a
discussion of certain factors that could cause actual results to differ
materially from historical or anticipated results, including real estate
investment risks, development risks and changes in the economic climate,
see Exhibit 99.1 of The Rouse Company's Form 10-Q for the quarter ended
June 30, 2004.


                           ADDITIONAL INFORMATION

On October 9, 2004, Rouse began the process of mailing its definitive proxy
statement, together with a proxy card. Stockholders of the Company are
advised to read Rouse's proxy statement, and any other relevant documents
filed with the SEC, because they contain important information regarding
the merger. Investors and security holders of the Company are advised to
read the proxy statement, and any other relevant documents filed with the
SEC, because they contain important information regarding the merger.

Investors and security holders may also obtain a free copy of the proxy
statement and other documents filed by the Company with the SEC at the
SEC's website at http://www.sec.gov. Copies of the Company's proxy
statement and other SEC filings are also available on the Company website
at http://www.therousecompany.com under "Investor Relations." Copies of the
proxy statement and the Company's other filings with the SEC may also be
obtained from the Company free of charge by directing a request to The
Rouse Company, 10275 Little Patuxent Parkway, Columbia, Maryland 21044,
Attention: Investor Relations. Investors should read the definitive proxy
statement carefully before making any voting decisions.

Information regarding Rouse's directors and executive officers who were in
office at the time of the 2004 annual meeting of stockholders is available
as to those directors and executive officers in the Company's proxy
statement for that meeting which was filed with the SEC on April 2, 2004.
In addition to those directors and executive officers, a director appointed
since the 2004 annual meeting, other members of Rouse management and the
Company's employees may be deemed to be participants in the solicitation of
proxies from its stockholders in connection with the proposed merger.
Additional information regarding the interests of such potential
participants is included in the proxy statement and the other relevant
documents filed with the SEC.