EastGroup Properties Announces Second Quarter 2009 Conference Call and Webcast

Jackson, MS – June 25, 2009 – (RealEstateRama) — EastGroup Properties (NYSE-EGP) announced today that it will hold its Second Quarter Conference Call and webcast on Thursday, July 30, 2009 at 11:00 A.M. Eastern Daylight Time. On the call, David Hoster, President and CEO, and Keith McKey, CFO, will review the second quarter results and discuss EastGroup’s current operations.

EastGroup plans to release second quarter 2009 earnings on July 29, 2009. The earnings release and supplemental information package will be posted on the Company’s website, www.eastgroup.net, on July 29, 2009.

A live broadcast of the conference call is available by dialing 1-800-894-5910 (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, July 30, 2009. The telephone replay will be available until Thursday, August 6, 2009, and can be accessed by dialing 1-800-283-4783. 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 Thursday, August 6, 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 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