HIGHWOODS PROPERTIES, INC. — Director's Dealing 2008

Aug 26, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HIGHWOODS PROPERTIES INC (HIW)
CIK: 0000921082
Period of Report: 2008-08-22

Reporting Person: CALLISON KAY N (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-08-22	Common Stock	M	3773	$35.62	Acquired	11321.75	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-08-22	Stock Option (right to exercise)	$22.18	M	10000	Disposed	2009-03-24	Common Stock (10000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	580149	Indirect

Footnotes

F1: Option vests ratably on the first through fourth anniversaries of grant date.