Tanger Declares Dividend for Fourth Quarter 2012

               Tanger Declares Dividend for Fourth Quarter 2012

PR Newswire

GREENSBORO, N.C., Jan. 3, 2013

GREENSBORO, N.C., Jan. 3, 2013 /PRNewswire/ -- Tanger Factory Outlet Centers,
Inc. (NYSE:SKT), announced today that its Board of Directors declared a
quarterly dividend of $0.21 per share for the fourth quarter ended December
31, 2012. This cash dividend will be payable on February 15, 2013 to holders
of record on January 30, 2013.

Since becoming a public company in May 1993, the company has paid a cash
dividend each quarter and has increased its dividend each year.

Tanger Factory Outlet Centers, Inc. (NYSE:SKT) is a publicly-traded REIT
headquartered in Greensboro, North Carolina that operates and owns, or has an
ownership interest in, a portfolio of 43 upscale outlet shopping centers in 26
states coast to coast and in Canada, totaling approximately 12.9 million
square feet leased to over 2,700 stores operated by more than 460 different
brand name companies. More than 175 million shoppers visit Tanger Factory
Outlet Centers annually. For more information on Tanger Outlet Centers, call
1-800-4TANGER or visit the company's web site at www.tangeroutlet.com.

Contact: Frank C. Marchisello, Jr.
          Executive Vice President and CFO
          (336) 834-6834

SOURCE Tanger Factory Outlet Centers, Inc.

Website: http://www.tangeroutlet.com
 
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