July 13, 2010

Retail Opportunity Investments Corp. Schedules Second Quarter Earnings Release and Conference Call

PURCHASE, N.Y., July 13, 2010 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (Nasdaq:ROIC) will issue financial and operational results for the quarter ended June 30, 2010 before the market opens on August 4, 2010. The Company will conduct a conference call and audio webcast on August 4, 2010 at 12:00 p.m. Eastern Time.

To access the conference, dial (877) 312-8783 (domestic), or (408) 940-3874 (international) at least ten minutes prior to the scheduled start of the call. When prompted, provide the Conference ID: 87683480. The live webcast will also be available in listen-only mode at http://www.roicreit.com/.

The conference call will be recorded and available for replay beginning at 3:00 p.m. Eastern Time on August 4, 2010 and will be available until 12:00 a.m. Eastern Time on August 13, 2010. To access the conference call recording, dial (800) 642-1687 (domestic), or (706) 645-9291 (international) and use the Conference ID: 87683480. The call will also be archived on http://www.roicreit.com/ for approximately 90 days.

About Retail Opportunity Investments Corp.

Retail Opportunity Investments Corporation (Nasdaq:ROIC) is a fully integrated real estate company that intends to qualify as a REIT for U.S. federal income tax purposes. The company is focused on acquiring, owning leasing, repositioning and managing a diverse portfolio of necessity-based retail properties, including, primarily, well located community and neighborhood shopping centers, anchored by national or regional supermarkets and drugstores. ROIC targets properties strategically situated in densely populated, middle and upper income markets in western and eastern regions of the United States.

The Retail Opportunity Investments Corp. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6855

CONTACT: Retail Opportunity Investments, Corp.
         914-272-8080
         3 Manhattanville Road, 2nd Floor
         Purchase, NY 10577

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