Cousins Adds Nelson to Retail Management Team.

Business Editors

ATLANTA--(BUSINESS WIRE)--Feb. 25, 2003

Cousins Properties Incorporated (NYSE:CUZ) announced today that David C. Nelson has joined the Company as senior vice president and director of Asset Management for its Retail Division, effective immediately. Mr. Nelson will be responsible for the operation and performance of Cousins' existing retail portfolio, the management of established and new joint venture partner relationships, and providing analytical counsel on acquisitions, dispositions and development projects. Mr. Nelson will report to Joel Murphy, president, Retail Division.

Mr. Nelson comes to Cousins from General Growth Properties, where he served as vice president, Management for the retail developer and owner. At General Growth, Mr. Nelson oversaw a portfolio of approximately 30 assets with a total net operating income of $395 million. His real estate background dates to 1988, when he served as portfolio manager - Commercial and Multifamily Lending for Imperial Corporation of America.

Joel Murphy, president of Cousins' Retail Division, said, "Our retail group is poised for growth and adding David rounds out the retail management team. His experience with the operations and financial performance of major retail properties should prove invaluable as we continue to expand our retail portfolio, particularly our Avenue brand."

Cousins Properties Incorporated, headquartered in Atlanta, has extensive experience in the real estate industry, including the development, acquisition, financing, management and leasing of properties. The property types that Cousins actively invests in include office, retail, medical office and land development projects. The Company's portfolio consists of interests in 13.3 million square feet of office space, 3.3 million square feet of retail space and .9 million square feet of medical office space, and more than 300 acres of strategically located land for future commercial development. Cousins also provides leasing and management services to third-party investors; its client-services portfolio comprises 6.1 million square feet of office space. Cousins is a fully integrated equity real estate investment trust (REIT) that has been public since 1962 and trades on the New York Stock Exchange under the symbol "CUZ." For more information please visit www.cousinsproperties.com.