ATLANTA, GA--Cousins Properties Incorporated (NYSE:CUZ) has reported its results of operations for the three and nine months ended September 30, 2008. All per share amounts are reported on adiluted basis; basic per share data is included in the CondensedConsolidated Statements of Income accompanying this release.
Funds from Operations Available to Common Stockholders ("FFO") was $20.9 million, or $0.41 per share, for the third quarter of 2008, compared with FFO of $7.3 million, or $0.14 per share, for the third quarter of 2007.
FFO was $50.9 million, or $0.98 per share, for the nine months ended September 30, 2008, compared with $41.2 
million, or$0.77 per share, for the same period in 2007.
million, or$0.77 per share, for the same period in 2007. Net Income Available to Common Stockholders ("Net IncomeAvailable") was $7.0 million, or $0.14 per share, for the third quarter of 2008 compared with Net Income Available of $7.8 million, or$0.15 per share, for the third quarter of 2007.
Net Income Available was $11.7 million, or $0.23 per share, for the nine months ended September 30, 2008, compared with $22.7 million, or $0.43 per share,for the same period in 2007.
For a complete copy of Cousins' news release, showing financial highlights and numbers, please contact:
James A. Fleming, (top right photo) Executive Vice President and Chief Financial Officer, 404-407-1150 jimfleming@cousinsproperties.com or
Elli Kaplan Vice President 404-407-1972 ellikaplan@cousinsproperties.com
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