Tanger Factory Outlet Centers, Inc. Schedules Second Quarter 2006 Earnings Release and Conference Call

Business Wire, July 6, 2006

GREENSBORO, N.C. -- Tanger Factory Outlet Centers, Inc. (NYSE:SKT) announced today that its financial results for the second quarter of 2006 will be released Wednesday evening, July 26, 2006 after the market close. The Company will host its conference call for analysts, investors and other interested parties on Thursday, July 27, 2006 at 10:00 a.m. eastern time.

To access the conference call, listeners should dial 1-877-277-5113 on Thursday, July 27, 2006 and request to be connected to the Tanger Factory Outlet Centers Second Quarter 2006 Financial Results call.

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

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.earnings.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 27, 2006 at 12:00 noon eastern time through 11:59 p.m., August 4, 2006 by dialing 1-800-642-1687, conference ID # 2611083. An online archive of the broadcast will also be available through August 4, 2006.

Tanger Factory Outlet Centers, Inc. (NYSE:SKT), a fully integrated, self-administered and self-managed publicly traded REIT, presently owns 29 centers in 21 states coast to coast, totaling approximately 8.0 million square feet of gross leasable area. Tanger also owns a 50% interest in one center containing approximately 402,000 square feet and manages for a fee three centers totaling approximately 293,000 square feet. For more information on Tanger Outlet Centers, visit our web site at www.tangeroutlet.com.