About Scottsdale Quarter

Scottsdale Quarter will open in three phases over the next several years. It opened its doors to the public in March 2009 with the debut of west elm and Williams-Sonoma Home.

About Glimcher

Glimcher Realty Trust, a real estate investment trust, is a recognized leader in the ownership, management, acquisition and development of malls, which includes enclosed regional malls and open-air lifestyle centers, as well as community centers. At December 31, 2009, the Company’s mall portfolio consisted of 21 operating properties with gross leasable area totaling approximately 19.1 million square feet and one development property, Scottsdale Quarter. The community center portfolio is comprised of four properties representing approximately 779,000 square feet. The Company’s portfolio of properties are located throughout 13 states.

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.

For more information, visit: http://www.glimcher.com