Glimcher Announces Tax Reporting Information for 2012 Common and Preferred Share Distributions

  Glimcher Announces Tax Reporting Information for 2012 Common and Preferred
  Share Distributions

Business Wire

COLUMBUS, Ohio -- January 18, 2013

Glimcher Realty Trust (NYSE: GRT) today announced the tax reporting
information (Federal Form 1099) for the year 2012 distributions on its common
shares, its Series F Cumulative Redeemable Preferred Shares of Beneficial
Interest (“Series F Preferred Shares”), its Series G Cumulative Redeemable
Preferred Shares of Beneficial Interest (“Series G Preferred Shares”), and its
Series H Cumulative Redeemable Preferred Shares of Beneficial Interest
(“Series H Preferred Shares”).

Common Stock:

The 2012 distributions paid with respect to Glimcher Realty Trust Common Stock
(NYSE CUSIP No. 379302102) are as follows:

   Payable       Distribution    Ordinary      Unrecap.    L-T         Return of
                                                                          Capital
      Date             Per Share          Income           §1250          Gains          Capital
                                                           Gains
                                                                                         
      01/17/2012       $   0.1000         $ 0.004774       $ 0.0000       $ 0.0000       $ 0.095226
      04/16/2012       $   0.1000         $ 0.010318       $ 0.0000       $ 0.0000       $ 0.089682
      07/16/2012       $   0.1000         $ 0.010452       $ 0.0000       $ 0.0000       $ 0.089548
      10/15/2012       $   0.1000         $ 0.007393       $ 0.0000       $ 0.0000       $ 0.092607
                                                                                           

The common distributions paid on January 15, 2013 will be reported in the 2013
tax year.

Preferred Stock:

The 2012 distributions paid with respect to its Series F Preferred Shares
(NYSE CUSIP No.379302300), Series G Preferred Shares (NYSE CUSIP No.
379302409) and Series H Preferred Shares (NYSE CUSIP No. 379302508) are as
follows:

   Series F Preferred Shares
                                   
      Payable          Distribution       Ordinary    Unrecap.    L-T         Return
                                                                        Capital        of
      Date             Per Share          Income         §1250          Gains          Capital
                                                         Gains
                                          
      01/17/2012       $   0.5469         $ 0.5469       $ 0.0000       $ 0.0000       $ 0.0000
      04/16/2012       $   0.5469         $ 0.5469       $ 0.0000       $ 0.0000       $ 0.0000
      07/16/2012       $   0.5469         $ 0.5469       $ 0.0000       $ 0.0000       $ 0.0000
      09/04/2012       $   0.3896         $ 0.3896       $ 0.0000       $ 0.0000       $ 0.0000
                                                                                         

The Series F Shares were redeemed on September 4, 2012, at a redemption price
of $25.00 per share, plus accumulated and unpaid distributions up to but
excluding the redemption date in an amount equal to $0.3896 per share, for a
total payment of $25.3896 per share.

   Series G Preferred Shares
      
      Payable       Distribution    Ordinary    Unrecap.    L-T         Return
                                                                        Capital        of
      Date             Per Share          Income         §1250          Gains          Capital
                                                         Gains
      
      01/17/2012       $   0.5078         $ 0.5078       $ 0.0000       $ 0.0000       $ 0.0000
      04/16/2012       $   0.5078         $ 0.5078       $ 0.0000       $ 0.0000       $ 0.0000
      07/16/2012       $   0.5078         $ 0.5078       $ 0.0000       $ 0.0000       $ 0.0000
      10/15/2012       $   0.5078         $ 0.5078       $ 0.0000       $ 0.0000       $ 0.0000
                                                                                         

   Series H Preferred Shares
      
      Payable       Distribution    Ordinary    Unrecap.    L-T         Return
                                                                        Capital        of
      Date             Per Share          Income         §1250          Gains          Capital
                                                         Gains
      
      10/15/2012       $   0.3333         $ 0.3333       $ 0.0000       $ 0.0000       $ 0.0000
                                                                                         

The Series G and Series H preferred distributions paid on January 15, 2013
will be reported in the 2013 tax year.

Amounts reported to GRT Dividend Reinvestment and Stock Purchase Plan
participants will differ due to administrative costs. Participants should
refer to their Form 1099 which will be mailed in late January and contact
Computershare Investor Services, LLC at 800.738.4931 for further information.
The taxability of the 2012 common stock distributions and the 2012 preferred
stock distributions are not indicative of the taxability of future
distributions.

The Tax Reporting Information Table is available on the Company’s website at
www.glimcher.com. For additional information, please contact Linda Reeder, Tax
Manager, at 614.887.5873 or via e-mail at lreeder@glimcher.com.

About Glimcher Realty Trust

Glimcher Realty Trust, a real estate investment trust, is a recognized leader
in the ownership, management, acquisition and development of retail
properties, including mixed use, open-air and enclosed regional malls as well
as outlet centers. Glimcher owns interests in and manages 29 properties with
total gross leasable area totaling approximately 21.7 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 G and Series H
preferred shares are listed on the New York Stock Exchange under the symbols
“GRTPRG” and “GRTPRH,” 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. Glimcher^® is a registered
trademark of Glimcher Realty Trust.

                     Visit Glimcher at:  www.glimcher.com

Contact:

Glimcher Realty Trust
Lisa A. Indest, 614-887-5844
Senior V.P., Finance and Accounting
lindest@glimcher.com