Mack-Cali Announces Annual Meeting Results

EDISON, N.J., May 25, 2011 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today announced the voting results of its Annual Meeting of Stockholders, which was held on May 24, 2011 at the Hyatt Regency Jersey City on the Hudson in Jersey City, New Jersey.

Stockholders elected William L. Mack, Nathan Gantcher, David S. Mack, and Alan G. Philibosian, all four directors who were nominated for election, to the Board of Directors of the Company, each to serve a three-year term.

Stockholders also approved, on a nonbinding advisory basis, the compensation of the Company's named executive officers, as such compensation is described in the Company's proxy statement for the 2011 annual meeting, and recommended that a non-binding shareholder vote to approve the compensation of the Company's named executive officers be held on an annual basis.

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, 2011.

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 277 properties, primarily office and office/flex buildings located in the Northeast, totaling approximately 32.2 million square feet. The properties enable the Company to provide a full complement of real estate opportunities to its diverse base of over 2,000 tenants.

Additional information on Mack-Cali Realty Corporation is available on the Company's website at www.mack-cali.com.

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," "plan," "should," "expect," "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 heading "Disclosure Regarding Forward-Looking Statements" and "Risk Factors" in the Company's Annual Reports on Form 10-K, as may be supplemented or amended by the Company's Quarterly Reports on Form 10-Q, which are incorporated herein by reference. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise.

SOURCE Mack-Cali Realty Corporation