MPC Madison Pacific Properties Inc

NOTICE is hereby given that the Board of Directors of Madison Pacific Properties Inc. (TSX: MPC)(TSX: MPC.C) has declared a regular cash dividend of $0.0525 per share payable on February 26, 2010 to holders of Class B voting common shares and Class C non-voting shares of record at the close of business on February 11, 2010.

Contacts: Madison Pacific Properties Inc. Bill Ramsey 604-638-5276