Ms . (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.

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, The Shareholders of
Tanger Factory Outlet Centers, Inc. Marchisello , Jr.

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- Executive Vice-President, Chief Financial
Officer + Secretary
Willard A. Williams - Vice-President, Controller
Virginia R.

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Weaver has been the Regional Executive in James Monroe Bank's Fairfax
office and brings over 23 years of retail, small business and commercial
banking to her position. Benton Independent Director
Thomas E. Nehmen - Senior Vice-President, Operations
Carrie A.

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Her passion for our Company has
helped us grow over the years," stated Stanley K.

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Weaver will oversee loan production and business
development in the Central Fairfax region. Dillon - Senior Vice-President, Construction + Development
Lisa J.
Tanger Factory Outlet Centers , Inc.

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Robinson Independent Director
Allan L. Rochelle was the Company's first employee, beginning her career with
Tanger in January of 1981 as Chief Accountant to Stanley K.

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John Maxwell, President and CEO, stated, "Diane's accomplishments and
proven leadership have been a key factor in our success. Weaver serves on the fundraising committee for the
International Children's Festival which is held at Wolftrap. 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.

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They are listed based upon historical data viewed from current definitions of sexuality.

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Giving her the
recognition and responsibility of a senior leadership position reflects our
values of empowerment and will further our overall success.

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com .

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Ms.7 million square feet of gross leasable
area.

This category is for sites and pages about gay, lesbian, and bisexual individuals from the nineteenth century CE.

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Ms. With
locations in Arlington, Annandale, Fairfax City, Chantilly , Leesburg and
Manassas, James Monroe Bank is well positioned to capitalize from a
thriving Northern Virginia market.C. Tanger, the
Company's Founder and Chief Executive Officer.


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Additionally , Ms.

James Monroe Bank is a full-service community bank founded in 1998.

Tanger Elects Directors and Officers

Summerell - Vice-President, Treasurer + Assistant Secretary

The Company also announced the retirement of Rochelle G.

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Tanger Director, President and Chief Operating Officer
Jack Africk Independent Director - Lead Director
William G. Morrison - Senior Vice-President, Leasing
James F. Simpson,
Executive Vice President of Administration and Secretary, effective May 31,
2005. Tanger, Chairman of the
Board and Chief Executive Officer.

The current concept of homosexuality was not in use prior to the late 19th century.

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Weaver serves as a Board member for the Arts
Council of Fairfax County as well as Chairperson for the Finance Committee . Chafin - Executive Vice-President, Leasing, Marketing +
Operations
Joseph H.

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PRESS RELEASE James Monroe Bank Promotes Diane Weaver to Senior Vice President

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James Monroe Bank (NASDAQ: JMBI), today
announced the promotion of Diane E. Weaver to Senior Vice President &
Regional Executive. Weaver is the former Chairperson of the
Tysons/Vienna Regional Chamber of Commerce and currently serves on the Past
Presidents Council. GREENSBORO, N. Tanger - Chairman of the Board + Chief Executive Officer
Steven B.

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(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. For more information on Tanger Outlet Centers, visit our web site
at http://www.tangeroutlet.

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"

Ms.

The individuals listed here may not, therefore, have viewed their sexuality in the same terms that we use today.

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"Rochelle has provided
indispensable assistance in the development of our Company and has been a
tremendous inspiration to all our employees.

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Tanger - President + Chief Operating Officer
Frank C. Warren - Senior Vice-President, Marketing
Kevin M.

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