EastGroup Properties Announces Second Quarter 2009 Conference Call and Webcast

JACKSON, Miss., June 24 /PRNewswire-FirstCall/ -- 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.

(Logo: http://www.newscom.com/cgi-bin/prnh/20030519/EGPLOGO )

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.

SOURCE EastGroup Properties, Inc.

David H. Hoster II, President and Chief Executive Officer , or N. Keith McKey,
Chief Financial Officer, +1-601-354-3555, both of EastGroup Properties, Inc.