EastGroup Properties Announces Third Quarter 2009 Conference Call and Webcast

Jackson, MS – September 28, 2009 – (RealEstateRama) — EastGroup Properties (NYSE-EGP) announced today that it will hold its Third Quarter Conference Call and webcast on Thursday, October 29, 2009 at 11:00 A.M. Eastern Daylight Time. On the call, David Hoster, President and CEO, and Keith McKey, CFO, will review the third quarter results and discuss EastGroup’s current operations.

EastGroup plans to release third quarter 2009 earnings on October 28, 2009. The earnings release and supplemental information package will be posted on the Company’s website, www.eastgroup.net, on October 28, 2009.

A live broadcast of the conference call is available by dialing 1-800-862-9098 (conference ID EastGroup) or by webcast 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 webcast replay will be available on Thursday, October 29, 2009. The telephone replay will be available until Wednesday, November 4, 2009, and can be accessed by dialing 1-800-283-5758. The replay of the webcast can be accessed through a link on the Company’s website at www.eastgroup.net and will be available until Wednesday, November 4, 2009.

EastGroup Properties, Inc. is a self-administered equity real estate investment trust focused on the development, acquisition 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 27.7 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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