Madison Pacific Properties Inc.
TSX : MPC

June 13, 2007 15:47 ET

Madison Pacific Properties Inc. (TSX:MPC) Declares Dividend

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 13, 2007) - Madison Pacific Properties Inc. (TSX:MPC), a Vancouver-based real estate company, declares a dividend of 5.25 cents per share payable August 29, 2007 to shareholders of record August 15, 2007. This dividend is unconditional with respect to completion of the Arrangement involving The Spectra Group of Great Restaurants Inc. All dividends paid by Madison Pacific Properties Inc. are "eligible dividends" and qualify for the reduced effective tax rates.

Contact Information

  • Madison Pacific Properties Inc.
    Mr. Alan Firth
    President & CEO
    (604) 732-6540
    (604) 732-6550 (FAX)
    or
    Madison Pacific Properties Inc.
    Mr. Thor Olsen
    Investor Information
    (604) 732-6540