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Parkway Properties Announces Third Quarter Conference Call

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

JACKSON, MS UNITED STATES
    JACKSON, Miss., Oct. 2 /PRNewswire-FirstCall/ -- Parkway Properties,
Inc. (NYSE: PKY) announced today that it will release third quarter
earnings on Monday, November 3, 2008, and will hold its third quarter
conference call on Tuesday, November 4, 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 third quarter earnings conference call
by dialing 888-221-9588 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 "3Q 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
November 14, 2008 by dialing 888-203-1112, and using the passcode of
6339497. 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 13.3
million square feet of leasable space as of October 2, 2008. Included in
the portfolio are 21 properties totaling 3.8 million square feet that are
owned jointly with other investors, representing 28.8% 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 goal to transform its strategy from
being an owner-operator to being 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 October 2, 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: J. MITCHELL COLLINS CHIEF FINANCIAL OFFICER (601) 948-4091
SOURCE Parkway Properties, Inc.




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Related links:
  • http://www.pky.com
    Photo Notes:http://www.newscom.com/cgi-bin/prnh/20030513/PARKLOGO
    AP Archive: http:
  • http://www.prnewswire.com/comp/103115.html /
    CONTACT:
    J. Mitchell Collins, Chief Financial Officer
    of Parkway Properties, Inc., +1-601-948-4091