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CRANFORD, NJ-The board of directors of Mack-Cali Realty Corp.has approved a cash dividend of $0.63 per common share, indicatingan annual rate of $2.52 per common share, for the period of January1 through March 31, 2006. The dividend will be paid on April 17,2006 to shareholders of record as of April 5.
The REIT's board has also declared a cash dividend on its 8%Series C cumulative redeemable perpetual preferred stock ($25liquidation value per depositary share, each representing 1/100thof a share of preferred stock) equal to $0.50 per depositary sharefor the period of January 15, 2006 through April 14, 2006. Thedividend will be paid on April 17 to shareholders of record as ofApril 5.
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