Friday, March 28, 2008

EastGroup Properties Announces First Quarter 2008 Conference Call And Webcast

JACKSON, MS -– EastGroup Properties (NYSE-EGP) will hold its First Quarter Conference Call and webcast on Wednesday, April 23, 2008 at 11:00 A.M. Eastern Daylight Time.

On the call, David Hoster, (right top photo) President and CEO, and Keith McKey, (left top photo) CFO, will review the first quarter results and discuss EastGroups current operations.


EastGroup plans to release first quarter 2008 earnings on April 22, 2008. The earnings release and supplemental information package will be posted on the Company's website, http://www.eastgroup.net/, on April 22, 2008.


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 http://www.eastgroup.net/. If you are unable to listen to the live conference call, a telephone and webcast replay will be available on Wednesday, April 23, 2008.



The telephone replay will be available until Wednesday, April 30, 2008, and can be accessed by dialing 1-800-695-0715. The replay of the webcast can be accessed through a link on the Company's website at http://www.eastgroup.net/ and will be available until Wednesday, April 30, 2008.


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 24.5 million square feet with an additional 2.2 million square feet of properties under development.


EastGroup Properties, Inc. press releases are available at http://www.eastgroup.net/press/pressreleases/www.eastgroup.net.
EastGroup Properties, Inc. press releases are available at http://www.eastgroup.net/.


FOR MORE INFORMATION, CONTACT:
David H. Hoster II, President and Chief Executive Officer
N. Keith McKey, Chief Financial Officer
(601) 354-3555
P.O. Box 22728,
Jackson, MS 39225-2728
Telephone: 601/354-3555
Fax: 601/352-1441

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