Tanger Factory Outlet Centers, Inc. to Ring the Closing Bell at the NYSE

GREENSBORO, N.C., May 12, 2011 (GLOBE NEWSWIRE) -- Tanger Factory Outlet Centers, Inc. (NYSE:SKT) is pleased to announce that Steven B. Tanger, President and Chief Executive Officer, will ring the New York Stock Exchange Closing Bell at 4:00pm Eastern, in celebration of the company's 30th Anniversary of its founding.

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