Mack-Cali to Participate in the Deutsche Bank 2007 Real Estate Outlook Conference

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--President and CEO Mitchell Hersh to Participate on New York Office Panel on January 18--

EDISON, N.J.--(BUSINESS WIRE)--

Mack-Cali Realty Corporation (NYSE: CLI) today announced that Mitchell E. Hersh, president and chief executive officer, will participate on the New York Office Panel at the Deutsche Bank 2007 Real Estate Outlook Conference scheduled for Thursday, January 18, 2007 at 4:15 p.m. ET. A live audio Webcast of the panel discussion will be available on the Company's Web site at www.mack-cali.com. A replay will also be available on the Web site through January 31, 2007.

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 299 properties, primarily office and office/flex buildings located in the Northeast, totaling 33.9 million square feet. The properties enable the Company to provide a full complement of real estate opportunities to its diverse base of approximately 2,200 tenants.

Additional information on Mack-Cali Realty Corporation is available on the Company's Web site 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," "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 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.

Source: Mack-Cali Realty Corporation

Released January 12, 2007