Mack-Cali Realty Corporation Announces Fourth Quarter 2001 Earnings Release Date

02/01/2002 Category: Earnings

--Conference Call To Be Held With Management--

Cranford, New Jersey—February 1, 2002—Mack Cali Realty Corporation (NYSE: CLI) today announced that it will release its fourth quarter 2001 earnings results before the opening of the market on Thursday, February 21, 2002, and will also host a conference call with management the same day at 11:00 a.m., Eastern Standard Time.

The live conference call can be listened to via the Internet by accessing the Company's website at www.mack-cali.com and clicking on the link that is titled Fourth Quarter Earnings. The conference call is also accessible by dialing 719.457.2621 and requesting the Mack-Cali fourth quarter earnings conference call.

It is recommended that participants log on or dial in to the call approximately 10 minutes prior to the scheduled start time.

A replay of the call will be available on Mack-Cali's website at www.mack-cali.com, from 2:00 p.m. EST on February 21, 2002 through midnight EST on February 28, 2002. A replay of the call will also be accessible during the same time period by dialing 719.457.0820, and using the pass code, 499009.

Mack-Cali Realty Corporation is a fully-integrated, self-administered, self-managed real estate investment trust (REIT) providing management, leasing, development, construction and other tenant-related services for its class A real estate portfolio. Mack-Cali owns or has interests in 266 properties, primarily office and office/flex buildings located in the Northeast, totaling approximately 28.4 million square feet. The properties enable the Company to provide a full complement of real estate opportunities to its diverse base of approximately 2,300 tenants.

Additional information on Mack-Cali Realty Corporation is available on the Company's website at www.mack-cali.com, or by calling the Company's investor relations department at 908.272.8000, extension 2484.

Certain information discussed in this press release may constitute forward-looking statements within the meaning of the Federal Securities law. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Among those risks, trends and uncertainties are the general economic climate; the supply of and demand for office, office/flex and industrial/warehouse properties; interest rate levels; the availability of financing; and other risks associated with the development and acquisition of properties, including risks that the development may not be completed on schedule, that the tenants will not take occupancy or pay rent, or that development or operating costs may be greater than anticipated. For further information on factors which could impact the Company and the statements contained herein, reference should be made to the Company's filings with the Securities and Exchange Commission including quarterly reports on Form 10-Q, current reports on Form 8-K, and annual reports on Form 10-K.