Ramco-Gershenson Properties Trust Announces Second Quarter 2009 Common Share Dividend

FARMINGTON HILLS, Mich.--(Business Wire)--
Ramco-Gershenson Properties Trust(NYSE:RPT) announced today that its Board of
Trustees has declared a second quarter 2009 common share dividend of $0.2313 for
the period of April 1, 2009 through June 30, 2009, based on an annualized rate
of $0.9252 per share. The common share dividend is payable on July 1, 2009 to
shareholders of record on June 20, 2009.

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 19.8 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
expected annual dividend rate. Management of Ramco-Gershenson believes the
expectations reflected in the forward-looking statements made in this document
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
Dawn Hendershot
Director of Investor Relations
and Corporate Communications
(248) 592-6202

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