Glimcher Schedules Second Quarter 2007 Conference Call

COLUMBUS, Ohio—June 21, 2007—Glimcher Realty Trust (NYSE: GRT) — announced today that it will hold a conference call on Thursday, July 26, 2006, at 11:00 a.m. (ET) to discuss its second quarter financial and operating results for 2007. Investors and interested parties may access the call via:

Teleconference: (866) 356.3377, passcode 45285185.

Internet webcast: www.glimcher.com

To participate, please dial-in/logon at least 5 minutes prior to the scheduled start time in order to download and install any necessary audio software and/or to register for the call.

A replay of the call will be available through midnight August 9, 2007 by dialing (888) 286.8010, passcode 41530282.

About the Company

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. At March 31, 2008, the Company's mall portfolio, including assets held through one of the Company's strategic joint ventures, consisted of 23 properties located in 14 states with gross leasable area totaling approximately 20.6 million square feet. The community center portfolio is comprised of four properties representing approximately 1.0 million square feet. 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.

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