EASTGROUP PROPERTIES INC — Director's Dealing 2008

Mar 28, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EASTGROUP PROPERTIES INC (EGP)
CIK: 0000049600
Period of Report: 2008-03-19

Reporting Person: MCKEY N KEITH (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-03-19	Common Stock	G	555	—	Disposed	97207	Direct
2008-03-20	Common Stock	G	550	—	Disposed	96657	Direct
2008-03-24	Common Stock	G	530	—	Disposed	96127	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6288	Indirect

Footnotes

F1: Bona fide gift of securities.

F2: As of the date hereof, the Reporting Person's direct beneficial ownership includes 12,000 restricted shares granted under the Company's 1994 Management Incentive Plan, as amended, and 15,023 restricted shares granted under the Company's 2004 Equity Incentive Plan, as amended, that have not yet vested.