Glimcher Realty Trust Board of Trustees Declares Quarterly Dividend

COLUMBUS, Ohio—September 17, 2009—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 on its common shares and operating partnership units of $0.10 per common share/unit.  This cash dividend is payable on October 15, 2009 to shareholders and unitholders of record on September 30, 2009.

Additionally, the company declared quarterly cash dividends of $0.5469 per Series F preferred share of beneficial interest and $0.5078 per Series G preferred share of beneficial interest.  Each of the cash dividends is payable on October 15, 2009 to shareholders of record on September 30, 2009.

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