Ramco-Gershenson Announces the Filing of a Shelf Registration Statement

FARMINGTON HILLS, Mich.--(Business Wire)--
Ramco-Gershenson Properties Trust(NYSE:RPT) announced today that it has filed a
shelf registration statement on Form S-3 with the Securities and Exchange
Commission ("SEC"). The Company`s previous shelf registration statement expired
in December of 2008. The new shelf registration statement will allow the Company
to raise capital from time to time, up to an aggregate of $300 million, through
the sale of common and preferred stock, debt securities, equity warrants, rights
and other securities. In connection with the S-3 filing, the Company entered
into a sales agreement with Cantor Fitzgerald & Co., under which the Company may
sell from time to time up to 3,000,000 common shares.

"We filed a new shelf registration statement as a housekeeping measure because
our previous statement had expired," said Dennis Gershenson, President and Chief
Executive Officer. "The Cantor Fitzgerald agreement provides us additional
flexibility in sourcing capital through the equity markets at such time it is
prudent to do so."

A registration statement relating to these securities has been filed with the
Securities and Exchange Commission but has not yet become effective. These
securities may not be sold nor may offers to buy be accepted prior to the time
the registration statement becomes effective.

A copy of the prospectus included in the registration statement may be obtained
at the SEC`s website at www.sec.gov. In addition, prospectus supplements or
amendments to the prospectus may be filed with the SEC in the future in
connection with particular offerings. When available, copies of the prospectus
and any prospectus supplement relating to a particular offering may be obtained
at the SEC`s website or by contacting Ramco-Gershenson Properties Trust, 31500
Northwestern Highway, Suite 300, Farmington Hills, Michigan 48334, Attn:
Investor Relations.

About Ramco-Gershenson Properties Trust

Ramco-Gershenson Properties Trust, headquartered in Farmington Hills, Michigan,
is a fully integrated, self-administered, publicly-traded real estate investment
trust (REIT), which owns, develops, acquires, manages and leases community
shopping centers, regional malls and single tenant retail properties,
nationally. The Trust owns interests in 89 shopping centers totaling
approximately 20.1 million square feet of gross leasable area in Michigan,
Florida, Georgia, Ohio, Wisconsin, Tennessee, Indiana, New Jersey, Virginia,
South Carolina, North Carolina, Maryland and Illinois. For additional
information regarding Ramco-Gershenson Properties Trust visit the Trust`s
website at www.rgpt.com.

This press release contains forward-looking statements with respect to the
operation of certain of the Trust`s properties. Management of Ramco-Gershenson
believes the expectations reflected in the forward-looking statements made in
this press release are based on reasonable assumptions. Certain factors could
occur that might cause actual results to vary. These include general economic
conditions, the strength of key industries in the cities in which the Trust`s
properties are located, the performance of the Trust`s tenants at the Trust`s
properties and elsewhere and other factors discussed in the Trust`s reports
filed with the Securities and Exchange Commission.

Ramco-Gershenson Properties Trust
Media Contact:
Dawn Hendershot,
Director of Investor Relations and Corporate Communications
Phone: (248) 582-6202
or
Company Officers:
Dennis Gershenson,
President & Chief Executive Officer
Richard Smith,
Chief Financial Officer
Phone: (248) 350-9900
Fax: (248) 350-9925

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