COUSINS PROPERTIES INC — Director's Dealing 2008

Nov 25, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COUSINS PROPERTIES INC (CUZ)
CIK: 0000025232
Period of Report: 2008-11-21

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-11-21	Common Stock	P	126800	$8.969	Acquired	7286483	Direct

Holdings (Non-Derivative)

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

Footnotes

F1: The purchase of 126,800 shares consisted of the following blocks: $9.00 - 75,610 shares; $8.99 - 4,422 shares; $8.98 - 4,914 shares; $8.97 - 4.447 shares; $8.96 - 600 shares; $8.94 - 200 shares; $8.93 - 3,800 shares; $8.91 - 1,064 shares; $8.90 - 26,333 shares; $8.89 - 2,291 shares; $8.88 - 1,207 shares; $8.87 - 600 shares; $8.86 - 1,112 shares; $8.85 - 100 shares; $8.82 - 100 shares.

F2: Shares held by grantor trust under instrument dated December 28, 1988.

F3: 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.

F4: Shares held by the reporting person's wife. Reporting person disclaims all beneficial ownership of his wife's shares.