CORRECTING and REPLACING Glimcher Realty Trust Board of Trustees Declares Quarterly Dividend

COLUMBUS, Ohio--(BUSINESS WIRE)--First graph, second sentence of release dated March 14, 2013, should read: This cash dividend is payable on April 15, 2013 to shareholders and unitholders of record on March 28, 2013 (sted March 29, 2013). Also, second graph, second sentence should read: Each of the cash dividends is payable on April 15, 2013 to shareholders of record on March 28, 2013 (sted March 29, 2013).

The corrected release reads:

GLIMCHER REALTY TRUST BOARD OF TRUSTEES DECLARES QUARTERLY DIVIDEND

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 April 15, 2013 to shareholders and unitholders of record on March 28, 2013.

Additionally, the company declared quarterly cash dividends of $0.5078 per Series G preferred share of beneficial interest and $0.4688 per Series H preferred share of beneficial interest. Each of the cash dividends is payable on April 15, 2013 to shareholders of record on March 28, 2013.

About Glimcher Realty Trust

Glimcher Realty Trust, a real estate investment trust, is a recognized leader in the ownership, management, acquisition and development of retail properties, including mixed use, open-air and enclosed regional malls as well as outlet centers. Glimcher owns interests in and manages 29 properties with total gross leasable area totaling approximately 21.7 million square feet.

Glimcher Realty Trust’s common shares are listed on the New York Stock Exchange under the symbol “GRT.” Glimcher Realty Trust’s Series G and Series H preferred shares are listed on the New York Stock Exchange under the symbols “GRTPRG” and “GRTPRH,” respectively. Glimcher Realty Trust is a component of both the Russell 2000^® Index, representing small cap stocks, and the Russell 3000^® Index, representing the broader market. Glimcher^® is a registered trademark of Glimcher Realty Trust.

Visit Glimcher at: www.glimcher.com