MPC Madison Pacific Properties Inc

Madison Pacific Properties Inc. (the "Company") (TSX:MPC)(TSX:MPC.C), a
Vancouver-based real estate company announced today that it has declared the
payment of a special cash dividend of $0.35 per Class B common voting share and
Class C non-voting share to shareholders of record on October 6, 2011. The
dividend will be paid on or about October 20, 2011.


The amount of the special one-time dividend allows the Company to continue to
pursue real estate opportunities while returning some capital to shareholders.
The special dividend is in addition to any dividends that may be declared
pursuant to the regular dividend policy of the Company. 


The dividend is an eligible dividend for Canadian tax purposes.

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