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EASTGROUP PROPERTIES INC Director's Dealing 2003

May 8, 2003

30666_dirs_2003-05-08_f865a7e7-9ae7-4d7f-9baa-cc4c28cc4051.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EASTGROUP PROPERTIES INC (EGP)
CIK: 0000049600
Period of Report: 2003-05-06

Reporting Person: FIVE ARROWS REALTY SECURITIES L L C (10% Owner)

Footnotes

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

F2: Does not include 2,600,000 shares of Series B Cumulative Convertible Preferred Stock owned which have previously been disclosed and in relation to which there are no transactions to be reported.