TANGER INC. — Director's Dealing 2011

May 18, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TANGER FACTORY OUTLET CENTERS INC (SKT)
CIK: 0000899715
Period of Report: 2011-05-16

Reporting Person: SUMMERELL VIRGINIA R (Senior VP, Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-16	Common Stock	S	500	$27.15	Disposed	22500	Direct
2011-05-17	Common Stock	S	500	$26.95	Disposed	22000	Direct
2011-05-17	Common Stock	S	500	$27.085	Disposed	21500	Direct
2011-05-17	Common Stock	S	500	$27.032	Disposed	21000	Direct
2011-05-17	Common Stock	S	500	$26.991	Disposed	20500	Direct
2011-05-17	Common Stock	S	500	$26.971	Disposed	20000	Direct