EASTGROUP PROPERTIES INC — Director's Dealing 2003

Jul 1, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EASTGROUP PROPERTIES INC (EGP)
CIK: 0000049600
Period of Report: 2003-06-27

Reporting Person: ALOIAN D PIKE (Director)

Footnotes

F1: $.0001 par value per share ("Common Stock")

F2: Does not include 1,400,000 shares of Series B Cumulative Convertible Preferred Stock owned indirectly and options to purchase 14,250 shares of common stock owned directly each of which have previously been disclosed and in relation to which there are no transactions to be reported.

F3: The Reporting Person has been appointed, among others, as a manager of Five Arrows, by Rothschild Realty Investors IIA, L.L.C., the sole managing member of Five Arrows.