Glimcher Schedules Fourth Quarter 2007 Conference Call

COLUMBUS, Ohio — January 9, 2008 — Glimcher Realty Trust (NYSE: GRT) — announced today that the financial and operating results for the 2007 fourth quarter and fiscal-year end will be released after the close of trading on the New York Stock Exchange on Wednesday, February 20, 2008. The company will hold a conference call on Thursday, February 21, 2008, at 11:00 a.m. (ET) to discuss these results. The live webcast and conference call will be available in listen-only mode to investors and interested parties via:

Teleconference: (800) 510.9661, passcode 36175064.

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 will be available through midnight March 7, 2008 by dialing (888) 286.8010, passcode 15050853.

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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