CEO Message

Message from President and Chief Executive Officer
Mitchell E. Hersh

February 11, 2010

Dear Shareholder:

I am pleased to inform you that we have ended the year with a stabilized occupancy rate of 90.1%, up slightly from last quarter. In most regions, we continue to outperform the markets in which we operate. (For more information on our results and accomplishments, please refer to our fourth quarter earnings press release, supplemental package and Form 10K.)

During the fourth quarter, we were able to attract and retain many credit-worthy tenants. This success is a testament to our commitment to providing the highest levels of service for our tenants, as well as the highest quality standards for our premier properties.

While we anticipate a period of continued economic uncertainty, we have positioned Mack-Cali well as the landlord of choice in the regions in which we operate and are poised to take advantage of opportunities as they emerge.

Thank you for your interest in Mack-Cali.

Sincerely,

Mitchell E. Hersh