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EASTGROUP PROPERTIES INC Director's Dealing 2009

Apr 2, 2009

30666_dirs_2009-04-02_7d505696-4b73-4b05-88b2-8498d0662ff4.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: 2009-03-31

Reporting Person: SPEED LELAND R (Director, Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-03-31	Common Stock	M	5000	$20.375	Acquired	211206	Direct
2009-03-31	Common Stock	S	400	$28.12	Disposed	210806	Direct
2009-03-31	Common Stock	S	2100	$28.13	Disposed	208706	Direct
2009-03-31	Common Stock	S	1000	$28.14	Disposed	207706	Direct
2009-03-31	Common Stock	S	200	$28.16	Disposed	207506	Direct
2009-03-31	Common Stock	S	200	$28.18	Disposed	207306	Direct
2009-03-31	Common Stock	S	500	$28.19	Disposed	206806	Direct
2009-03-31	Common Stock	S	100	$28.20	Disposed	206706	Direct
2009-03-31	Common Stock	S	500	$28.25	Disposed	206206	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-03-31	Stock Options	$20.375	M	5000	Disposed	2009-06-22	Common Stock (5000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	27288	Indirect

Footnotes

F1: All of the options are currently exercisable.