HIGHWOODS PROPERTIES, INC. — Director's Dealing 2008

Aug 12, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HIGHWOODS PROPERTIES INC (HIW)
CIK: 0000921082
Period of Report: 2008-08-11

Reporting Person: FRITSCH EDWARD J (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-08-11	Common Stock	M	21549	$21.01	Acquired	320428	Direct
2008-08-11	Common Stock	S	21549	$37.00	Disposed	298879	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-08-11	Stock Option (right to buy)	$21.01	M	21549	Disposed	2013-02-28	Common Stock (21549)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	70	Indirect

Footnotes

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