VANCOUVER, British Columbia, Feb.  24, 2023  (GLOBE NEWSWIRE) -- Madison Pacific Properties Inc. (TSX: MPC and MPC.C) (the Company), reports the voting results of the Annual General Meeting of its shareholders held February 23, 2023 in Vancouver, British Columbia.

The following seven nominees were re-elected as directors of the Company by the following votes:

NomineeVotes ForPercentVotes AgainstPercentMarvin Haasen4,890,10090.62%506,0009.38%Sam Grippo4,890,10090.62%506,0009.38%Michael W. Delesalle4,890,10090.62%506,0009.38%Peter J. Bonner4,890,10090.62%506,0009.38%Mark E. Elliott4,890,10090.62%506,0009.38%Jonathan H. B. Rees5,396,100100.00%-- John DeLucchi4,884,12090.51%511,9809.49%

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.

Contact:  Mr. Marvin Haasen Ms. Bernice Yip President & CEO Investor InformationTelephone: (604) 732-6540(604) 732-6540Fax:  (604) 732-6550  Address:  389 West 6th Avenue  Vancouver, B.C.  V5Y 1L1