EASTGROUP PROPERTIES INC — Director's Dealing 2004

Mar 18, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EASTGROUP PROPERTIES INC (EGP)
CIK: 0000049600
Period of Report: 2004-03-17

Reporting Person: CORKERN BRUCE (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-03-17	Common Stock	A	863	—	Acquired	10863	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options	$20.00	2010-02-28	Common Stock (9000)	9000	Direct

Footnotes

F1: Grant of Stock Bonus.

F2: Includes 10,000 shares granted as incentive restricted shares under the Company's 1994 Management Incentive Plan, as amended.

F3: Becomes exercisable with respect to one-half the shares on the first anniversary of the date of grant and one-half on the second anniversary of the date of grant.