AMERICAN GIRL TO OPEN ITS NEWEST STORE IN ARIZONA

Scottsdale Quarter to Become Home of Popular American Girl Store

Middleton, WI (June 4, 2014) - American Girl®, a division of Mattel, Inc. (NASDAQ:MAT), today announced plans to open its newest experiential retail store at Scottsdale Quarter, the premier open-air lifestyle center owned by Glimcher Realty Trust (NYSE: GRT), located in Scottsdale, Arizona. The 12,000-square-foot American Girl store is slated to open in late summer of 2015 and will be located within a new 180,000 square foot expansion of the property.

"For 16 years, American Girl retail stores have created unforgettable memories for millions of girls and their families, and we're thrilled to now bring the American Girl experience to even more fans in the Phoenix/Scottsdale area," said Wade Opland, American Girl's vice president of retail. "As a leader in experiential retail, American Girl has found a great partner in Scottsdale Quarter, a well-established premium shopping center with an upscale mix of stores and restaurants. It's an ideal location to introduce American Girl to the area and we look forward to opening our doors in summer 2015."

"We are very excited to welcome American Girl to Scottsdale Quarter and to have such an iconic brand anchor the next phase of development at The Quarter," said Michael P. Glimcher, Chairman and CEO of Glimcher. "Scottsdale Quarter has become the pre-eminent shopping destination in the Arizona market and a model for experience-centered retail development. American Girl fits seamlessly with our focus on bringing the best mix of retail, entertainment and dining to market."

Visitors to Scottsdale Quarter's new American Girl store will find all of the company's popular historical and contemporary dolls, along with a large assortment of doll outfits, accessories, girl-sized clothing, and a variety of best-selling American Girl books. In addition, American Girl fans will be able to enjoy a meal and a delicious dessert or celebrate a birthday in the store's fun and casual 25-seat Bistro and treat their dolls to a new hairdo in the Doll Hair Salon. A variety of girl-and-mom-friendly events and programs will also be offered throughout the year.

American Girl has been recognized as an industry leader in experiential retail since opening its first flagship store, American Girl Place®, in Chicago in 1998. Today, American Girl's sixteen proprietary retail and entertainment sites, located at premier shopping destinations nationwide, have welcomed more than 63 million visitors to date. To learn more about the different experiences available at each American Girl store, please call 877-247-5223 or visit americangirl.com.

ABOUT AMERICAN GIRL

American Girl is a premium brand for girls and a wholly owned subsidiary of Mattel, Inc. (NASDAQ:MAT, www.mattel.com), the world's leading toy company. Since its inception in 1986, American Girl has been devoted to celebrating girls ages 3 to 12 through age-appropriate, high-quality dolls and accessories, books, clothes, movies, and unforgettable experiences. Best-selling lines include My American Girl®, Girl of the Year®, Bitty Baby®, and its classic historical characters. Headquartered in Middleton, WI, products are sold exclusively through the company's award-winning catalogue, on americangirl.com, and in its experiential retail stores. By inspiring girls to be their best, American Girl has earned the loyalty of millions of girls and the praise and trust of parents and educators. To learn more or request a free catalogue, call 1-800-845-0005 or visit www.americangirl.com, www.facebook.com/americangirl or www.twitter.com/american_girl.

ABOUT SCOTTSDALE QUARTER

Scottsdale Quarter, located on the southeast corner of Scottsdale Road and the Greenway-Hayden Loop, is an open air center where the vibe of the city meets the serenity of the desert. The hip, urban destination sits on 28 acres with 370,000 square feet of retail, restaurant and entertainment options; and 203,000 square feet of office space amid elegant, diverse architecture and lush landscaping. Restaurants, specialty and fashion retailers include Suit Supply, Urban Outfitters, Intermix, lululemon athletica, Restoration Hardware, iPic Theaters, NIKE, Dominick's Steakhouse, Free People, Calypso St. Barth, H&M, Apple Store and True Food Kitchen. Scottsdale Quarter is also home to the park-like public gathering space, The Quad, featuring the largest pop-jet fountain in the region. The center continues to add tenants that further position Scottsdale Quarter as the premier shopping destination in the Valley. For details, visit www.scottsdalequarter.com.

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 material interests in and manages 28 properties with total gross leasable area totaling approximately 19.5 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, Series H, and Series I preferred shares are listed on the New York Stock Exchange under the symbols "GRTPRG," "GRTPRH," and "GRTPRI," 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®, Scottsdale Quarter® and The Quarter® are registered trademarks of Glimcher Realty Trust.