HARBORSIDE FINANCIAL CENTER, JERSEY CITY, NJ From small-sized law firms to global pharmaceutical corporations, Mack-Cali’s tenant roster is filled with high-credit-quality businesses from a wide diversity of industries that have located their offices at Mack-Cali properties and renewed their leases term after term. Johnson & Johnson, Allstate Insurance, Cendant, United Parcel Service, GAB Robins, McDonald’s Corporation, Public Service Electric and Gas, Bankers Trust/Deutsche Bank, Deloitte and Touche, and Metropolitan Life Insurance are just a few of the companies that leased space with Mack-Cali in 2002. More recently, Barr Laboratories decided to move its executive offices from New York to a Mack-Cali building in Woodcliff Lake, New Jersey, leasing 89,510 square feet of space—the entire building—for 12 years. U.S. Life Insurance also just renewed its 10-year lease for an entire 180,000 square-foot building in Neptune, New Jersey. One of our strategic objectives at Mack-Cali is to build long-term relationships with high-caliber tenants; these latest transactions are perfect examples of this  objective at work. We owe t h e s u c c e s s o f o u r p ro p e r t y m a n a g e m e n t e f f o r t s t o o u r p e o p l e w h o i n t e r a c t w i t h o u r t e n a n t s eve r y d ay. Employees like the building manager in Parsippany, New Jersey, whose outstanding attentiveness engendered such 3 * Source: Cushman & Wakefield, direct vacancies, all classes 92.9% 87.9% 86.5% No./Central  NJ 95.0% 100.0% 94.6% Westchester  County, NY Washington,  DC Mack-Cali Market* 94.5% 86.3% Fairfield  County, CT 88.1% 83.5% Suburban  Philadelphia % leased at 12/31/02 (Office properties in core markets) Mack-Cali vs. Market Occupancies  Building long-term relationships with high-caliber tenants is a key element of Mack-Cali’s  corporate strategy.