<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE TAUBMAN CENTERS, INC. BALANCE SHEET AS OF MARCH 31, 1996 (UNAUDITED) AND THE TAUBMAN CENTERS, INC. STATEMENT OF OPERATIONS FOR THE THREE MONTHS ENDED MARCH 31, 1996 (UNAUDITED) AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0000890319 <NAME> TAUBMAN CENTERS, INC. <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-31-1996 <EXCHANGE-RATE> 1 <CASH> 7,916 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0<F1> <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 310,352<F2> <CURRENT-LIABILITIES> 0<F1> <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 441 <OTHER-SE> 299,772 <TOTAL-LIABILITY-AND-EQUITY> 310,352 <SALES> 0 <TOTAL-REVENUES> 5,482<F2> <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 63 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 5,244 <INCOME-TAX> 0 <INCOME-CONTINUING> 5,244 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,244 <EPS-PRIMARY> .12 <EPS-DILUTED> .12 <FN> <F1> THE COMPANY HAS AN UNCLASSIFIED BALANCE SHEET. <F2> THE COMPANY'S PRIMARY ASSET IS AN EQUITY INVESTMENT IN THE TAUBMAN REALTY GROUP LIMITED PARTNERSHIP. </FN>