MPC.C Madison Pacific Properties Inc

Madison Pacific Properties Inc. (TSX:MPC)(TSX:MPC.C), a Vancouver-based real
estate company, declares a regular dividend of 5.25 cents per share and an
extraordinary dividend of 23 cents per share on its Class B voting shares and
its Class C non-voting shares payable February 27, 2009 to shareholders of
record February 12, 2009. All dividends paid by Madison Pacific Properties Inc.
are "eligible dividends" and qualify for the reduced effective tax rates.

Madison Pacific Properties (TSX:MPC.C)
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