Glimcher Realty Trust Declares Quarterly Dividend

COLUMBUS, Ohio—December 19, 2008—Glimcher Realty Trust (NYSE: GRT), —

one of the country’s premier retail REITs, today announced that the company’s Board of Trustees has declared a quarterly cash dividend of $0.32 per common share.  This cash dividend is payable on January 15, 2009 to shareholders of record on December 31, 2008.

In addition, the company declared a quarterly cash dividend of $0.5469 per Series F preferred share of beneficial interest.  This cash dividend is payable on January 15, 2009 to shareholders of record on December 31, 2008.

Finally, the company declared a quarterly cash dividend of $0.5078 per Series G preferred share of beneficial interest.  The cash dividend is payable on January 15, 2009 to shareholders of record on December 31, 2008.

About Glimcher Realty Trust

Glimcher Realty Trust, a real estate investment trust, is a recognized leader in the ownership, management, acquisition and development of regional and super-regional malls.
 
Glimcher Realty Trust’s common shares are listed on the New York Stock Exchange under the symbol “GRT.”  Glimcher Realty Trust’s Series F and Series G preferred shares are listed on the New York Stock Exchange under the symbols “GRT-F” and “GRT-G,” respectively.  Glimcher Realty Trust is a component of both the Russell 2000® Index, representing small cap stocks, and the Russell 3000® Index, representing the broader market.
 
Visit Glimcher at: www.glimcher.com 

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