Mack-Cali Announces Annual Meeting Results

05/25/2006 Category: Miscellaneous

Cranford, New Jersey--May 25, 2006--Mack-Cali Realty Corporation (NYSE: CLI) today announced the voting results of its Annual Meeting of Stockholders, which was held on May 24, 2006 at the Hyatt Regency Jersey City on the Hudson in Jersey City, New Jersey.

Stockholders re-elected John R. Cali, Mitchell E. Hersh, Irvin D. Reid, and Robert F. Weinberg to the Board of Directors of the Company, each to serve a three-year term. In addition, stockholders ratified the re-appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2006.

No formal action was taken on the proposal that the Company amend its corporate charter documents to adopt a majority vote standard for election to the Board of Directors as no representative of the stockholder-proponent for such proposal was present to introduce it.

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 currently owns or has interests in 297 properties, primarily office and office/flex buildings located in the Northeast, totaling approximately 33.6 million square feet. The properties enable the Company to provide a full complement of real estate opportunities to its diverse base of approximately 2,400 tenants.

Additional information on Mack-Cali Realty Corporation is available on the Company's website at

Statements made in this press release may be forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements can be identified by the use of words such as "may," "will," "should," "expect," "plan," "anticipate," "estimate," "continue," or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate, and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the headings "Disclosure Regarding Forward-Looking Statements" and "Risk Factors" in the Company's Annual Reports on Form 10-K. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise.