EASTGROUP PROPERTIES INC — Director's Dealing 2007

Jun 1, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EASTGROUP PROPERTIES INC (EGP)
CIK: 0000049600
Period of Report: 2007-05-30

Reporting Person: EAVES HAYDEN C III (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-05-30	Common Stock	A	508	—	Acquired	1315	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6150	Indirect
Common Stock	2000	Indirect
Common Stock	1000	Indirect
Common Stock	500	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options	$24.89	2012-03-06	Common Stock (7500)	7500	Direct
Stock Options	$24.02	2012-05-28	Common Stock (1250)	1250	Direct
Stock Options	$26.60	2013-05-28	Common Stock (2250)	2250	Direct

Footnotes

F1: Annual award of shares pursuant to the 2005 Directors Equity Incentive Plan, as amended.