VANCOUVER, BRITISH COLUMBIA–(Marketwired – Feb. 24, 2016) – Madison Pacific Properties Inc. (the Company) (TSX:MPC)(TSX:MPC.C), reports the voting results of the Annual General Meeting of its shareholders held February 23, 2016 in Vancouver, British Columbia.
The following six nominees were re-elected as directors of the Company by the following votes:
| Nominee | Votes For | Percent | Votes Withheld | Percent |
| Marvin Haasen | 2,396,065 | 93.74% | 159,968 | 6.26% |
| Sam Grippo | 2,396,165 | 93.75% | 159,868 | 6.25% |
| Michael W. Delesalle | 2,556,033 | 100.00% | – | 0.00% |
| Richard C. Benmore | 2,551,930 | 99.84% | 4,103 | 0.16% |
| Peter J. Bonner | 2,555,933 | 100.00% | 100 | 0.00% |
| Mark E. Elliott | 2,551,930 | 99.84% | 4,103 | 0.16% |
In addition, PricewaterhouseCoopers LLP was re-appointed as the auditor for the Company.
About the Company: Madison Pacific Properties Inc. is a Vancouver-based real estate company with approximately $380 million in investment properties, comprising 2.1 million rentable sq. ft. of industrial and commercial space, of which, over 99% of the available space is leased.
Mr. Marvin Haasen
President & CEO
(604) 732-6540
(604) 732-6550 (FAX)
Madison Pacific Properties Inc.
Mr. Dino Di Marco
Investor Information
(604) 732-6540
Madison Pacific Properties Inc.
389 West 6th Avenue
Vancouver, B.C.
V5Y 1L1