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SITE Centers Announces Sale of Partnership Interests

SITE Centers Corp. (NYSE: SITC) announced today the sale of its partnership interests in the RVIP IIIB joint venture that owns Deer Park Town Center (Deer Park, IL) to the Company’s existing joint venture partner for approximately $20.8 million, prior to closing costs.

About SITE Centers Corp.

SITE Centers is an owner and manager of open-air shopping centers. The Company is a self-administered and self-managed REIT operating as a fully integrated real estate company and is publicly traded on the New York Stock Exchange under the ticker symbol SITC. Additional information about the Company is available at www.sitecenters.com. To be included in the Company’s e-mail distributions for press releases and other investor news, please click here.

Contacts

For additional information:

Gerald Morgan, EVP and

Chief Financial Officer

216-755-5500

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