Tanger's President, Steven B. Tanger to appear on CNBC's Squawk Box Morning News Show

CNBC's Squawk Box to air live at the Tanger Outlet Center in Riverhead New York tomorrow August 31, 2007

GREENSBORO, N.C., Aug. 30 /PRNewswire-FirstCall/ -- Steven B. Tanger will be a CNBC Squawkbox guest speaker on Friday, August 31. "Squawk Box" is the ultimate "pre-market" morning news and talk program, where the biggest names in business and politics bring their most important stories. "Squawk's unique sense of street smarts and wit, mix business news with an unscripted and fast- paced exchange of banter. "Squawk Box" brings Wall Street to Main Street and is a "must see" for everyone from the professional trader to the casual investor.

The segment will feature Steve Tanger discussing what is happening in the "real economy" and the pulse of outlet shopping. He will be providing retail insight and trends for businesses such as Tanger who have direct contact with consumers, to give viewers the information they're not getting from regular economic data - the "real deal" look at shopping trends, outlet shopping and this dynamic and growing industry. Steve's segment will air live from the Tanger Outlet Center in Riverhead, New York at approximately 7:45am.

Tanger Factory Outlet Centers, Inc., (NYSE: SKT) a publicly traded REIT, presently has ownership interests in or management responsibilities for 34 shopping centers in 23 states coast-to-coast, totaling approximately 9.3 million square feet, leased to over 2,000 stores that are operated by over 400 different store brands. For more information on Tanger Outlet Centers, call 1-800-4-TANGER or visit our website at www.tangeroutlet.com .

SOURCE Tanger Factory Outlet Centers, Inc.

Released August 30, 2007