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Parkway Properties Announces Second Quarter Conference Call

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

JACKSON, MS UNITED STATES
    JACKSON, Miss., June 26 /PRNewswire-FirstCall/ -- Parkway Properties,
Inc. (NYSE: PKY) announced today that it will release second quarter
earnings on August 4, 2008 and will hold its second quarter conference call
on August 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 second quarter earnings conference
call by dialing 888-690-2899 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 "2Q 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 August 15, 2008 by dialing 888-203-1112 and using the passcode
of 2034284. 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 69 office
properties located in 11 states with an aggregate of approximately 14.1
million square feet of leasable space as of June 26, 2008. Included in the
portfolio are 21 properties totaling 3.8 million square feet that are owned
jointly with other investors, representing 27.2% 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 1.6 million square feet for third-party owners as of June 26,
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: MITCH COLLINS


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:
    Mitch Collins, Chief Financial Officer,
    Parkway Properties, Inc., +1-601-948-4091