EastGroup Properties Announces First Quarter 2010 Conference Call and Webcast

Jackson, MS – March 23, 2010 – (RealEstateRama) — EastGroup Properties (NYSE-EGP) announced today that it will hold its First Quarter Conference Call and Web Cast on Thursday, April 29, 2010 at 11:00 A.M. Eastern Daylight Time. On the call, David Hoster, President and CEO, and Keith McKey, CFO, will review the first quarter results and discuss EastGroup’s current operations.

EastGroup plans to release first quarter 2010 earnings on April 28, 2010. The earnings release and supplemental information package will be posted on the Company’s website, www.eastgroup.net, on April 28, 2010.

A live broadcast of the conference call is available by dialing 1-800-862-9098 (conference ID EastGroup) or by web cast through a link on the Company’s website at www.eastgroup.net. If you are unable to listen to the live conference call, a telephone and web cast replay will be available on Thursday, April 29, 2010. The telephone replay will be available until Thursday, May 6, 2010, and can be accessed by dialing 1-800-283-4783. The replay of the web cast can be accessed through a link on the Company’s website at www.eastgroup.net and will be available until Thursday, May 6, 2010.

EastGroup Properties, Inc. is a self-administered equity real estate investment trust focused on the acquisition, development and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida, Texas, Arizona and California. Its strategy for growth is based on its property portfolio orientation toward premier business distribution facilities clustered near major transportation features. EastGroup’s portfolio currently includes 28.1 million square feet.

EastGroup Properties, Inc. press releases are available at www.eastgroup.net.

CONTACT:
David H. Hoster II, President and Chief Executive Officer
N. Keith McKey, Chief Financial Officer
(601) 354-3555

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