Cedar Shopping Centers, Inc. Announces Appointment of New Acquisitions and Leasing Directors PORT WASHINGTON, N.Y., Dec. 3 /PRNewswire-FirstCall/ -- Cedar Shopping Centers, Inc., a real estate investment trust listed on the New York Stock Exchange (symbol: "CDR") (the "Company"), today announced that Michael Winters has been elected as Director of Acquisitions for the Company effective as of December 1. Mr. Winters [42] had previously been Director of Acquisitions for Rosen Associates Management Corp. He joins Nancy Mozzachio [39], who was recently elected as the Company's Director of Leasing, in important management positions with the Company. Ms. Mozzachio had been Director of Leasing for American Continental Properties. Cedar Shopping Centers, Inc., with headquarters in Port Washington, New York, is a fully integrated, self-administered and self-managed real estate investment trust listed on the New York Stock Exchange. Its investments are focused primarily in multi-tenant supermarket-anchored shopping centers in eastern Pennsylvania, southern New Jersey and Connecticut. DATASOURCE: Cedar Shopping Centers, Inc. CONTACT: Leo S. Ullman, President of Cedar Shopping Centers, Inc., +1-516-767-6492

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