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: PETSAS WILLIAM D (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-03-17	Common Stock	A	980	—	Acquired	27980	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options	$20.688	2010-04-16	Common Stock (5000)	5000	Direct

Footnotes

F1: Grant of Stock Bonus.

F2: Includes 15,000 shares granted as incentive restricted shares under the Company's 1994 Management Incentive Plan, as amended.

F3: Exercisable 1/2 on the first anniversary of the date of grant and 1/2 on the second anniversary of the date of grant.