Glimcher To Present At Green Street Advisors Mall Conference

COLUMBUS, OH — January 10, 2008 — Glimcher Realty Trust (NYSE: GRT) — today announced that its Chairman and CEO, Michael P. Glimcher, will participate in a panel discussion followed by a question and answer session at the Green Street Advisors Mall Conference & Los Angeles Property Tour on January 15, 2008 in Los Angeles, California. The panel will discuss "Smaller Markets, Smaller Owners — More Opportunities or Risks?" and will include participants from three mall management companies. Green Street Advisors commenced coverage on Glimcher Realty Trust in the fall of 2007 and the Company is pleased to participate in its first Green Street Advisors Mall Conference.

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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