EastGroup Properties Announces Presentation at Wachovia Securities 11th Annual Wachovia Global Real Estate Securities Conference


Jackson, Mississippi, December 4, 2007– EastGroup Properties (NYSE-EGP) announced today that it is scheduled to present at the Wachovia Securities 11th Annual Wachovia Real Estate Securities Conference. EastGroup’s presentation is scheduled for Wednesday, December 5, 2007 at 1:35 p.m., EST. The presentation will be live via web cast and is accessible at http://www.wsw.com/webcast/wa47/egp/ the day of the conference and will be archived at the same URL for 90 days.

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 Arizona, California, Florida and Texas. 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 23.5 million square feet with an additional 2.4 million square feet of properties under development.

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

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

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