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PR Newswire
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Parkway Properties Announces Third Quarter Conference Call

JACKSON, Miss., Sept. 21 /PRNewswire-FirstCall/ -- Parkway Properties, Inc. announced today that it will release third quarter earnings on November 5, 2007 and will hold its third quarter conference call on November 6, 2007 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 800-289-0518 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 16, 2007 by dialing 888-203-1112, and using the passcode of 9890477. 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 65 office properties located in 11 states with an aggregate of approximately 12.9 million square feet of leasable space as of September 21, 2007. 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 September 21, 2007.

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: WILLIAM R. FLATT CHIEF FINANCIAL OFFICER (601) 948-4091

Photo: http://www.newscom.com/cgi-bin/prnh/20030513/PARKLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
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© 2007 PR Newswire
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