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Meruelo Maddux Schedules Teleconference and Webcast for 2007 Fourth Quarter and Full Year Results  
Mar. 26, 2008

Meruelo Maddux Schedules Teleconference and Webcast for 2007 Fourth Quarter and Full Year Results

LOS ANGELES, Mar. 26 /PRNewswire/ --

LOS ANGELES, March 26 /PRNewswire-FirstCall/ -- Meruelo Maddux Properties, Inc. today announced plans to host a conference call on Monday, March 31, 2008 at 1:00 p.m. ET (10:00 a.m. PT) to discuss 2007 fourth quarter and full year results. The Company will release financial results for the quarter and full year, including supplemental financial information, before the market opens on March 31, 2008.

Interested participants and investors may access the conference call by dialing 800-219-6110 (domestic) or 303-275-2170 (international). There will also be a live webcast of the call on the Investor Relations section of MerueloMaddux's web site at www.meruelomaddux.com under Investor Relations: Webcasts and Presentations. Web participants are encouraged to go to the web site at least 15 minutes prior to the start of the call to register, download and install any necessary audio software.

MerueloMaddux's management will be present to discuss the company's financial results, business highlights and will be available to answer questions. After the live webcast, a replay will remain available in the Investor Relations section of MerueloMaddux's web site for twelve months. A replay of the teleconference will be available at 800-405-2236 (domestic) or 303-590-3000 (international) through April 7, 2008; the conference ID is 11111660.

About MerueloMaddux Properties

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.

Media Contact: Investor Contact: Michael Bustamante Lasse Glassen Corporate Communications Investor Relations 213.291.2800 (office) 213.486.6546 916.425.0839 (cell) lglassen@frbir.com

Meruelo Maddux Properties, Inc.

CONTACT: Media, Michael Bustamante, Corporate Communications, office,
+1-213-291-2800, cell, +1-916-425-0839, or Investor, Lasse Glassen,
Investor Relations, +1-213-486-6546, lglassen@frbir.com, both for Meruelo
Maddux Properties, Inc.

Web site: http://www.meruelomaddux.com/

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