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COUSINS PROPERTIES INC Director's Dealing 2007

Feb 13, 2007

31058_dirs_2007-02-13_ec8b3996-37ab-466f-97a2-861216409c2e.zip

Director's Dealing

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SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: COUSINS PROPERTIES INC (CUZ)
CIK: 0000025232
Period of Report: 2006-12-31

Reporting Person: COUSINS THOMAS G (Director Emeritus, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2006-12-21 Common Stock G 928 Disposed 7460941 Direct
2006-12-24 Common Stock G 107430 Disposed 7353511 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 216540 Indirect
Common Stock 407471 Indirect
Common Stock 699721 Indirect

Footnotes

F3: Shares held by the reporting person's wife. Reporting person disclaims all beneficial ownership of his wife's shares.

F1: Shares held by a grantor trust under instrument dated December 28, 1988.

F2: Shares held by a limited partnership in which the partners are a limited liability company and a charitable lead annuity trust. The LLC members include the reporting person, the reporting person's wife and the reporting person's daughter. The reporting person disclaims beneficial interest in any shares to the extent he has no pecuniary interest.