EastGroup Properties

Eastgroup Properties Announces a Correction to the Outlook Assumptions Reported in the First Quarter 2014 Earnings Release

April 16th, 2014

JACKSON, MISSISSIPPI, April 16, 2014 — EastGroup Properties, Inc. (NYSE-EGP)¬†announced today a correction to the assumptions used for the mid-point in its outlook for the remainder of 2014 which was included in its First Quarter 2014 Earnings Release. This correction does not affect the reported FFO and net income guidance for 2014. The corrected mid-point assumption is as follows:

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