Tanger Outlet Officials to Ring the Closing Bell(R) Tomorrow, June 5th to Commemorate the 15th Anniversary on the New York Stock Exchange

GREENSBORO, N.C., June 4 /PRNewswire-FirstCall/ -- Stanley K. Tanger, Founder, Chairman of the Board and Chief Executive Officer of Tanger Factory Outlet Centers, Inc. along with President and Chief Operating Officer Steven B. Tanger will ring The Closing Bell at the New York Stock Exchange tomorrow, Thursday, June 5, 2008. The 3:55 pm EDT bell ringing ceremony will observe Tanger's 15th anniversary of being listed as a publicly-traded Real Estate Investment Trust (REIT). The company trades under the familiar symbol (NYSE: SKT). The event will be broadcast live nationally on CNBC Television, Bloomberg Television, on Fox Business News, as well as live on the NYSE's website, http://www.nyse.com . Tanger's 15th anniversary will also be featured on the giant Reuters screen in New York City's Times Square on June 5th.

Tanger Factory Outlet Centers, Inc., (NYSE: SKT) a publicly traded REIT, presently has ownership interests in or management responsibilities for 31 shopping centers in 22 states coast-to-coast, totaling approximately 9.1 million square feet, leased to over 2,000 stores that are operated by over 400 different store brands. For more information, call 800-4-TANGER or visit http://www.tangeroutlet.com .

SOURCE Tanger Factory Outlet Centers, Inc.

Released June 4, 2008