Cedar Shopping Centers To Report Fourth Quarter 2009 Financial Results

PORT WASHINGTON, N.Y., Feb. 4  /PRNewswire-FirstCall/ -- Cedar Shopping Centers, Inc. (NYSE:CDR) today announced that it will release financial results for the three months and full year ended December 31, 2009 after the market closes on Wednesday, March 3, 2010.  The Company will host a conference call on Thursday, March 4, 2010, at 10:00 AM (ET) to discuss the financial results.

A live webcast of the conference call will be available online on the Company's website at http://www.cedarshoppingcenters.com/.  The conference call can also be accessed by dialing [phone] or [phone] for international participants.  A replay of the call will be available from 1:00 PM (ET) on March 4, 2010, until midnight (ET) on March 18, 2010.  The replay dial-in numbers are [phone] or [phone] for international callers.  Please use passcode 2269314 for the telephonic replay.  A replay of the Company's webcast will be available on the Company's website for a limited time.

About Cedar Shopping Centers, Inc.

Cedar Shopping Centers, Inc. is a fully-integrated real estate investment trust which focuses primarily on ownership, operation, development and redevelopment of "bread and butter"® supermarket-anchored shopping centers in coastal mid-Atlantic and New England states. The Company presently owns and operates approximately 13.1 million square feet of GLA at 120 shopping center properties, of which more than 75% are anchored by supermarkets and/or drugstores with average remaining lease terms of approximately 11 years. The Company's stabilized properties have an occupancy rate of approximately 95%.  The Company has also announced a pipeline of seven additional substantially pre-leased primarily supermarket- and drugstore-anchored development properties.

For additional financial and descriptive information on the Company, its operations and its portfolio, please refer to the Company's website at http://www.cedarshoppingcenters.com/.

  Contact Information:
  Cedar Shopping Centers, Inc.
  Leo S. Ullman, Chairman, CEO and President
  [phone]
  

DATASOURCE: Cedar Shopping Centers, Inc.



CONTACT:  Leo S. Ullman, Chairman, CEO and President, [phone],

, Cedar Shopping Centers, Inc.



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

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