EastGroup Properties Announces Presentation at Citi 2009 Global Property CEO Conference

Jackson, MS – March 02, 2009 – (RealEstateRama) — EastGroup Properties (NYSE-EGP)announced today that it is scheduled to present at the Citi 2009 Global Property CEO Conference. EastGroup’s presentation is scheduled for Monday, March 2, 2009 at 3:55 p.m., EST. The presentation will be broadcast live and is accessible by dialing (719) 785-5595 (passcode 348395).

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 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