Tanger Factory Outlet Centers, Inc. Schedules Second Quarter 2004 Earnings Release and Conference Call

Business Wire, July 20, 2004

GREENSBORO, N.C. -- Tanger Factory Outlet Centers, Inc. (NYSE:SKT) announced today that its financial results for the second quarter ended June 30, 2004 will be released Tuesday evening, July 27, 2004 after the market close. The Company will host its conference call for analysts, investors and other interested parties on Wednesday, July 28, 2004, at 10:00 a.m. eastern time.

To access the conference call, listeners should dial 1-877-277-5113 on Wednesday, July 28, 2004 and request to be connected to the Tanger Factory Outlet Centers Second Quarter Financial Results call.

Alternatively, this call is being webcast by CCBN and can be accessed at the "Tanger News" section of Tanger Factory Outlet Centers, Inc.'s web site at www.tangeroutlet.com.

The webcast is also distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through CCBN's individual investor center at www.companyboardroom.com or by visiting any of the investor sites in CCBN's Individual Investor Network such as America Online's Personal Finance Channel, Fidelity Investments(R) (Fidelity.com) and others. Institutional investors can access the call via CCBN's password protected event management site, StreetEvents (www.streetevents.com). StreetEvents allows institutional investors to identify, organize, and track the hundreds of conference calls that occur each day during earnings season, to download events of interest to their Outlook calendar, and to RSVP to events online.

A telephone replay of the call will be available from July 28 2004 at 12:00 noon eastern time through 11:59 P.M, July 30, 2004 by dialing 1-800-642-1687, conference ID # 8771519. An online archive of the broadcast will also be available through July 30, 2004.

Tanger Factory Outlet Centers, Inc. (NYSE: SKT), a fully integrated, self-administered and self-managed publicly traded REIT, presently has ownership interests in or management responsibilities for 38 centers in 23 states coast to coast, totaling approximately 9.3 million square feet of gross leasable area. For more information on Tanger Outlet Centers, visit our web site at www.tangeroutlet.com.