April 8, 2010

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

PURCHASE, N.Y., April 8, 2010 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (Nasdaq:ROIC) will issue financial and operational results for the quarter ended March 31, 2010 before the market opens on May 5, 2010. The Company will conduct a conference call and audio webcast on May 5, 2010 at 11:00 a.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: 67622423. 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 1:00 p.m. Eastern Time on May 5, 2010 and will be available until 12:00 a.m. Eastern Time on May 13, 2010.  To access the conference call recording, dial (800) 642-1687 (domestic), or (706) 645-9291 (international) and use the Conference ID: 67622423. The call will also be archived on http://www.roicreit.com/ for approximately 90 days.

About Retail Opportunity Investments Corp.

Retail Opportunity Investments Corp. is a corporation that intends to qualify as a REIT for U.S. federal incoming tax purposes and will acquire, own, lease, reposition and manage 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. The company targets properties strategically situated in densely populated, middle and upper income markets in the eastern and western regions of the United States. Additional company information is available at www.roic.com.

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

CONTACT:  Retail Opportunity Investments Corp.

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