Glimcher Announces Tax Reporting Information for 2009 Common and Preferred Share Distributions

COLUMBUS, Ohio, Jan. 14  /PRNewswire-FirstCall/ -- Glimcher Realty Trust (NYSE:GRT) today announced the tax reporting information (Federal Form 1099) for the year 2009 distributions on its common shares, its Series F Cumulative Redeemable Preferred Shares of Beneficial Interest ("Series F Preferred Shares"), and its Series G Cumulative Redeemable Preferred Shares of Beneficial Interest ("Series G Preferred Shares").

Common Stock:

The 2009 distributions paid with respect to Glimcher Realty Trust Common Stock (NYSE CUSIP No. 379302102) are as follows:

                                       Unrecap.       L-T
    Payable   Distribution Ordinary  Section 1250   Capital   Return of
      Date     Per Share    Income      Gains        Gains     Capital
    -------    ---------     ------  -----------     -----     -------
  01/15/2009    $0.3200     $0.0000    $0.0000      $0.0000    $0.3200
  04/15/2009    $0.1000     $0.0000    $0.0000      $0.0000    $0.1000
  07/15/2009    $0.1000     $0.0000    $0.0000      $0.0000    $0.1000
  10/15/2009    $0.1000     $0.0000    $0.0000      $0.0000    $0.1000


The common distributions paid on January 15, 2010 will be reported in the 2010 tax year.

Preferred Stock:

The 2009 distributions paid with respect to its Series F Preferred Shares (NYSE CUSIP No. 379302300) and Series G Preferred Shares (NYSE CUSIP No. 379302409) are as follows:

  Series F Preferred Shares
  -------------------------
                                         Unrecap.       L-T
   Payable     Distribution  Ordinary  Section 1250   Capital   Return of
     Date       Per Share     Income      Gains        Gains     Capital
   -------      ---------     ------   -----------     -----     -------

  04/15/2009     $0.5469       $0.0000    $0.0000     $0.0000     $0.5469
  07/15/2009     $0.5469       $0.0000    $0.0000     $0.0000     $0.5469
  10/15/2009     $0.5469       $0.0000    $0.0000     $0.0000     $0.5469




  Series G Preferred Shares
  -------------------------
                                           Unrecap.        L-T
    Payable     Distribution  Ordinary   Section 1250    Capital   Return of
     Date        Per Share     Income       Gains         Gains     Capital
    -------      ---------     ------    -----------      -----     -------
  04/15/2009     $0.5078      $0.0000      $0.0000       $0.0000    $0.5078
  07/15/2009     $0.5078      $0.0000      $0.0000       $0.0000    $0.5078
  10/15/2009     $0.5078      $0.0000      $0.0000       $0.0000    $0.5078


The preferred distributions paid on January 15, 2010 will be reported in the 2010 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 2009 common stock distributions and the 2009 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 http://www.glimcher.com/.  For additional information, please contact Carl Christensen, Tax Manager, at 614.887.5842 or via e-mail at .

About Glimcher Realty Trust

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.

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.

Visit Glimcher at: http://www.glimcher.com/ 

DATASOURCE: Glimcher Realty Trust



CONTACT:  Lisa A. Indest, Vice President, Finance and Accounting of

Glimcher Realty Trust, [phone], 



Web Site:  http://www.glimcher.com/ 

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