Telsey Advisory Group Consumer Conference to Feature Tanger CEO as Panelist

GREENSBORO, N.C., March 27, 2012 (GLOBE NEWSWIRE) -- Tanger Factory Outlet Centers, Inc. (NYSE:SKT) announced today that Steven B. Tanger, President and Chief Executive Officer, will be a featured presenter at the Telsey Advisory Group (TAG) Consumer Conference. The Retail Real Estate Trends panel discussion is scheduled for 10:55-11:40 AM EDT on Wednesday, March 28, 2012.

The company's December 31, 2011 Management Presentation may be accessed through www.tangeroutlet.com, under Investor Relations, Financial Reports, Company Presentations.                                                   

About Tanger Factory Outlet Centers

Tanger Factory Outlet Centers, Inc. (NYSE:SKT) is a publicly-traded REIT headquartered in Greensboro, North Carolina that operates and owns, or has an ownership interest in, a portfolio of 39 upscale outlet shopping centers in 25 states coast to coast and in Canada, totaling approximately 11.8 million square feet leased to over 2,500 stores operated by 435 different brand name companies. More than 175 million shoppers visit Tanger Factory Outlet Centers annually. For more information on Tanger Outlet Centers, call 1-800-4TANGER or visit the company's web site at www.tangeroutlet.com.

CONTACT: Frank C. Marchisello, Jr.
         Executive Vice President & Chief Financial Officer
         (336) 834-6834

Released March 27, 2012