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Parkway Properties Announces Fourth Quarter Conference Call

   Parkway Properties logo. (PRNewsFoto/Parkway Properties, Inc.) (Newscom TagID: prnphotos056035)

JACKSON, MS UNITED STATES
    JACKSON, Miss., Jan. 7 /PRNewswire-FirstCall/ -- Parkway Properties,
Inc. (NYSE: PKY) announced today that it will release fourth quarter
earnings on February 4, 2008 and will hold its fourth quarter conference
call on February 5, 2008 at 11:00 a.m. Eastern Time. The Company's earnings
release and supplemental information package will be posted to the
Company's website prior to the conference call.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20030513/PARKLOGO )

    You may participate in Parkway's fourth quarter earnings conference
call by dialing 888-254-3595 five to ten minutes prior to the scheduled
start time. A visual presentation will accompany the call and can be viewed
at http://www.pky.com and then by selecting the "4Q call" icon. A live audio
webcast will be available by selecting the webcast icon on the Company's
website. A taped replay of the call can be accessed 24 hours a day through
February 15, 2008 by dialing 888-203-1112, and using the passcode of
2879540. An audio replay will also be archived and indexed in the Investor
Relations section of the Company's website at http://www.pky.com.

    Parkway Properties, Inc., a member of the S&P Small Cap 600 Index, is a
self-administered real estate investment trust specializing in the
operation, leasing, acquisition, and ownership of office properties. The
Company is geographically focused on the Southeastern and Southwestern
United States and Chicago. Parkway owns or has an interest in 66 office
properties located in 11 states with an aggregate of approximately 13.0
million square feet of leasable space as of January 7, 2008. Included in
the portfolio are 18 properties totaling 2.7 million square feet that are
owned jointly with other investors, representing 21% of the portfolio.
Under the Company's GEAR UP Plan, which started January 1, 2006 and ends
December 31, 2008, it is the Company's strategy to transform from an
owner-operator to an operator-owner. The strategy highlights the Company's
strength in providing excellent service in the operation of office
properties in addition to its direct ownership of real estate assets.
Fee-based real estate services are offered through the Company's wholly
owned subsidiary, Parkway Realty Services, which also manages and/or leases
approximately 1.8 million square feet for third party owners as of January
7, 2008.

    Parkway Properties, Inc.'s press releases and additional information
about the Company are available on the World Wide Web at http://www.pky.com.

    CONTACT: MANDY M. POPE


CHIEF FINANCIAL OFFICER (601) 948-4091
SOURCE Parkway Properties, Inc.




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Related links:
  • http://www.pky.com
    Photo Notes:
    NewsCom: http://www.newscom.com/cgi-bin/prnh/20030513/PARKLOGO
    AP Archive: http://photoarchive.ap.org
    PRN Photo Desk, photodesk@prnewswire.com
  • http://www.prnewswire.com/comp/103115.html /
    CONTACT:
    Mandy M. Pope, Chief Financial Officer of
    Parkway Properties, Inc., +1-601-948-4091