COUSINS PROPERTIES INC — Director's Dealing 2007

May 16, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COUSINS PROPERTIES INC (CUZ)
CIK: 0000025232
Period of Report: 2007-05-14

Reporting Person: PAYNE WILLIAM PORTER (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-05-14	Common Stock	A	592	$31.198	Acquired	41832	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1875	Indirect

Footnotes

F2: Shares held by the reporting person's wife, as executrix of her father's estate, John F. Beard.

F1: Stock granted in lieu of cash for director's fees under the Cousins Properties Incorporated 1999 Incentive Stock Plan.