MerueloMaddux Properties (MMPI) Chairman and Chief Executive Officer to Ring the NASDAQ Stock Market Opening Bell


ADVISORY, Jan. 25, 2007 (PRIME NEWSWIRE) --



 What:
 Richard Meruelo, Chairman and Chief Executive Officer of
 MerueloMaddux Properties (MMPI), will preside over the opening bell
 to celebrate the Company's initial public offering on NASDAQ

 Where:
 NASDAQ MarketSite - 4 Times Square - 43rd & Broadway - Broadcast
 Studio

 When:
 Friday, January 26, 2007 at 9:30 a.m. ET

 Contacts:
 Erin Cox
 Investor Relations
 310.854.8319; ecox@frbir.com

 NASDAQ MarketSite:
 Jolene Libretto; 646.441.5220; mobile - 347.219.9539
 Jolene.Libretto@NASDAQ.com

Feed Information:

The opening bell is available from 9:20 a.m. to 9:35 a.m. on uplink IA6 C band / transponder 24, downlink frequency 4180 horizontal. The feed can also be found on Waterfront fiber 1623. If you have any questions, please contact Jolene Libretto at (646) 441-5220.

Webcast:

A live Webcast of the NASDAQ Opening Bell will be available at: http://www.nasdaq.com/reference/marketsite_about.stm

Photos:

To obtain a hi-resolution photograph of the Market Open, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market open of your choice.

About MerueloMaddux Properties (MMPI):

MerueloMaddux Properties is a self-managed, full-service real estate company that develops, redevelops and owns commercial and residential properties in downtown Los Angeles and other densely populated urban areas in California that are undergoing demographic or economic changes. MerueloMaddux Properties is committed to socially responsible investment. Through its predecessor business, MerueloMaddux Properties has been investing in urban real estate since 1972.