NEWS RELEASE


FOR RELEASE:      IMMEDIATE

CONTACT:          Frank Marchisello
                  (336) 834-6834

                      TANGER ELECTS DIRECTORS AND OFFICERS

Greensboro,  NC -- May 13,  2005.  The  Shareholders  of Tanger  Factory  Outlet
Centers,  Inc.  (NYSE:SKT) at its Annual  Shareholders  Meeting on May 13, 2005,
elected the following directors to serve for the ensuing year:

   Stanley K. Tanger        Chairman of the Board and Chief Executive Officer
   Steven B. Tanger         Director, President and Chief Operating Officer
   Jack Africk              Independent Director - Lead Director
   William G. Benton        Independent Director
   Thomas E. Robinson       Independent Director
   Allan L. Schuman         Independent Director

During a meeting of the Board of Directors  held on May 13, 2005,  the following
officers were elected to serve for the ensuing year:

   Stanley K. Tanger - Chairman of the Board & Chief Executive Officer
   Steven B. Tanger - President & Chief Operating Officer
   Frank C. Marchisello, Jr. - Executive  Vice-President, Chief Financial
   Officer & Secretary
   Willard A. Chafin - Executive Vice-President, Leasing, Marketing & Operations
   Joseph H. Nehmen - Senior Vice-President, Operations
   Carrie A. Warren - Senior Vice-President, Marketing
   Kevin M. Dillon - Senior Vice-President, Construction & Development
   Lisa J. Morrison - Senior Vice-President, Leasing
   James F. Williams - Vice-President, Controller
   Virginia R. Summerell - Vice-President, Treasurer & Assistant Secretary

The Company also announced the retirement of Rochelle G. Simpson, Executive Vice
President of Administration and Secretary,  effective May 31, 2005. Rochelle was
the  Company's  first  employee,  beginning her career with Tanger in January of
1981 as Chief Accountant to Stanley K. Tanger,  the Company's  Founder and Chief
Executive  Officer.  "Rochelle  has  provided  indispensable  assistance  in the
development  of our Company  and has been a  tremendous  inspiration  to all our
employees.  Her  passion  for our  Company  has helped us grow over the  years,"
stated Stanley K. Tanger, Chairman of the Board and Chief Executive Officer.

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 33 centers in 22 states coast to
coast,  totaling  approximately  8.7 million square feet of gross leasable area.
For  more  information  on  Tanger  Outlet  Centers,   visit  our  web  site  at
www.tangeroutlet.com.

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