MACK-CALI PRICES $250M PUBLIC OFFERING OF 5-YEAR SENIOR NOTES

(The following is a reformatted version of a press release
issued by Mack-Cali Realty Corporation and received via
electronic mail. The release was confirmed by the sender.) 
MACK-CALI PRICES $250 MILLION PUBLIC OFFERING OF 5-YEAR SENIOR
NOTES 
Edison, New Jersey--November 13, 2012--Mack-Cali Realty
Corporation (the “Company”) (NYSE: CLI) today announced that its
operating partnership, Mack-Cali Realty, L.P. (the “Operating
Partnership”), has agreed to sell $250 million of 2.500% senior
unsecured notes due 2017 in an underwritten public offering
through BofA Merrill Lynch, Citigroup and J.P. Morgan as joint
book-running managers. BB&T Capital Markets, BNY Mellon Capital
Markets, LLC, Capital One Southcoast, Comerica Securities,
Deutsche Bank Securities, Mitsubishi UFJ Securities, PNC Capital
Markets LLC, RBS, SunTrust Robinson Humphrey, TD Securities, US
Bancorp and Wells Fargo Securities acted as co-managers. The
notes were priced at 99.409% of the principal amount to yield
2.625% to maturity. The offering is expected to close on
November 20, 2012. 
The proceeds from the offering after deducting underwriting
discounts and offering expenses will be approximately $246.3
million. The net proceeds from the offering will be used for
general corporate purposes and working capital, which will
include the repayment of substantially all outstanding
borrowings under the Operating Partnership’s unsecured revolving
credit facility and may include purchasing or retiring of some
of the Operating Partnership’s outstanding debt securities. 
Upon issuance, the notes will be senior unsecured obligations of
the Operating Partnership and will rank equally in right of
payment with other existing and future senior unsecured
indebtedness of the Operating Partnership. The offering is being
made only by means of an issuer free writing prospectus, a
prospectus and related prospectus supplement, copies of which
may be obtained from Citigroup, c/o Broadridge Financial
Solutions, 1155 Long Island Avenue, Edgewood, New York,
telephone: (800) 831-9146; Merrill Lynch, Pierce, Fenner & Smith
Incorporated, 4 World Financial Center, New York, NY 10080,
Attn: Prospectus Department, telephone: (800) 294-1322 or by e-mail at dg.prospectus_requests@baml.com or from J.P. Morgan
Securities LLC, 383 Madison Avenue, New York, NY 10179,
attention: Investment Grade Syndicate Desk, or by telephone
collect at 212-834-4355. An effective registration statement and
related prospectus is on file with the Securities and Exchange
Commission (SEC), and copies of the issuer free writing
prospectus and the prospectus supplement, together with the
prospectus, also will be available on the SEC’s website at
www.sec.gov. This news release does not constitute an offer to
sell or a solicitation of any offer to buy such securities nor
shall there be any sale of these securities in any state or
other jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under
the securities laws of any such state or other jurisdiction. 
About Mack-Cali: 
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. 
Additional Information: 
Statements made in this press release may be forward-looking
statements within the meaning of Section 27A of the Securities
Act of 1933, as amended, and 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,”
“potential,” “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. The Company assumes no obligation to update or
supplement forward-looking statements that become untrue because
of subsequent events, new information or otherwise. 
(bjh) NY 
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