Parkway Properties Announces Presentation at Citigroup Reit CEO Conference On March 7, 2006

JACKSON, Miss., March 3 /PRNewswire-FirstCall/ -- PARKWAY PROPERTIES, INC. announced today that Steven G. Rogers, President and Chief Executive Officer, will participate in a roundtable presentation at the 2006 Citigroup REIT CEO Conference in Palm Beach, Florida on Tuesday, March 7, 2006, at 11:00 am EST. The presentation can be accessed live via teleconference at [phone] and using the pass code "REIT 3". A replay of the conference call will be available until April 8, 2006 at [phone].

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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, acquisition, ownership, management, and leasing 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 12,224,000 square feet of leasable space as of March 3, 2006. The Company also offers fee-based real estate services through its wholly owned subsidiary, Parkway Realty Services, to its owned properties and to its third party and minority interest properties.

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