updated 12/17/2010 10:46:22 AM ET 2010-12-17T15:46:22

GREENSBORO, N.C., Dec. 17, 2010 (GLOBE NEWSWIRE) -- Tanger Factory Outlets, Inc. (NYSE:SKT) is pleased to announce that Steven B. Tanger, President and Chief Executive Officer, will be a featured guest on CNBC's Closing Bell this afternoon, Friday, December 17, 2010 at approximately 4:30 pm EST.

Closing Bell host Maria Bartiromo and Steven Tanger will discuss the 2010 holiday retail outlook as well as the mood of value conscious consumers heading into the busy closing week of brand name holiday shopping at Tanger Outlet Centers nationwide.

Closing Bell with Maria Bartiromo airs live Monday-Friday at 3 pm EST on CNBC globally. Check local listings in your area. A video replay of Steven Tanger's appearance on Closing Bell will be available on the CNBC website approximately one hour after broadcast athttp:// www.cnbc.com/id/15838421.

About Tanger Factory Outlet Centers

Tanger Factory Outlet Centers, Inc., (NYSE:SKT), is a publicly-traded REIT headquartered in Greensboro, North Carolina that presently operates and owns, or has an ownership interest in, a portfolio of 33 upscale outlet shopping centers in 22 states coast to coast, totaling approximately 10.2 million square feet leased to over 2,100 stores operated by more than 375 different brand name companies. More than 160 million shoppers visit Tanger Outlet Centers annually. For more information on Tanger Outlet Centers, call 1-800-4 TANGER or visit the company's web site at www.tangeroutlet.com .

CONTACT:  Tanger Factory Outlet Centers, Inc.
          Mike Buescher, Director of Public Relations
            336-834-6826
          Mona J. Walsh, Assistant Vice President Corporate 
           Communications
            336-856-6021

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