FOR MORE INFORMATION, CONTACT:
David H. Hoster II, President and Chief Executive Officer
N. Keith McKey, Chief Financial Officer
(601) 354-3555
Jackson, Mississippi, January 12 2006– EastGroup Properties (NYSE-EGP) announced today that it will hold its Fourth Quarter Conference Call and webcast on Wednesday, February 15, 2006 at 11:00 A.M. Eastern Time. On the call, David Hoster, President and CEO, and Keith McKey, CFO, will review the fourth quarter results and discuss EastGroup’s current operations.
EastGroup plans to release fourth quarter 2005 earnings on February 14, 2006. The earnings release and supplemental information package will be posted on the Company’s website, www.eastgroup.net, on February 14, 2006.
A live broadcast of the conference call is available by dialing 1-800-362-0574 (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 Wednesday, February 15, 2006. The telephone replay will be available until Wednesday, February 22, 2006, and can be accessed by dialing 1-800-283-4593. 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 Wednesday, February 22, 2006.
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 a special emphasis in the states of Florida, Texas, California and Arizona. 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 21.8 million square feet with an additional 870,000 square feet of properties under development.
EastGroup Properties, Inc. press releases are available at www.eastgroup.net.
P.O. Box 22728, Jackson, MS 39225-2728
Telephone: 601/354-3555 Fax: 601/352-1441