CORRECTION: Tanger Outlet Centers to be Featured on NBC's The TODAY Show

GREENSBORO, N.C., May 12, 2011 (GLOBE NEWSWIRE) -- Tanger Factory Outlets, Inc. (NYSE:SKT) Due to unforeseen circumstances Steven B. Tanger, President and Chief Executive Officer has been preempted from appearing on The TODAY Show on Friday, May 13 at 8:00 a.m. We will send an update when we have been rescheduled.

About Tanger Factory Outlet Centers

Tanger Factory Outlet Centers, Inc., (NYSE:SKT), is a publicly-traded REIT headquartered in Greensboro, North Carolina that presently operates and owns, or has an ownership interest in, a portfolio of 34 upscale outlet shopping centers in 22 states coast to coast, totaling approximately 10.3 million square feet leased to over 2,100 stores operated by more than 370 different brand name companies. More than 160 million shoppers visit Tanger Outlet Centers annually. For more information on Tanger Outlet Centers, call 1-800-4 TANGER or visit the company's web site at www.tangeroutlet.com.

CONTACT: Mona J. Walsh
         Vice President of Corporate Communications
         336-856-6021

Released May 12, 2011