Glimcher Realty Trust Board of Trustees Declares Quarterly Dividend

COLUMBUS, Ohio, June 16 /PRNewswire-FirstCall/ -- Glimcher Realty Trust (NYSE:
GRT), one of the country's premier retail REITs, today announced that the
company's Board of Trustees has declared a quarterly cash dividend on its
common shares and operating partnership units of $0.10 per common share/unit.
This cash dividend is payable on July 15, 2009 to shareholders and unitholders
of record on June 30, 2009.

Additionally, the company declared quarterly cash dividends of $0.5469 per
Series F preferred share of beneficial interest and $0.5078 per Series G
preferred share of beneficial interest. Each of the cash dividends is payable
on July 15, 2009 to shareholders of record on June 30, 2009.

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(R) Index, representing small cap stocks, and the Russell
3000(R) Index, representing the broader market.

Visit Glimcher at: www.glimcher.com

SOURCE Glimcher Realty Trust

Lisa A. Indest, Vice President, Finance and Accounting of Glimcher Realty
Trust, +1-614-887-5844, lindest@glimcher.com