Cousins Properties Makes Office Division Management Changes.

Business Editors

ATLANTA--(BUSINESS WIRE)--April 11, 2002

Cousins Properties Incorporated (NYSE:CUZ) today announced changes in the Executive Management team of the Office Division.

John Murphy has made the decision to resign from Cousins to pursue other opportunities. Murphy has been with the company since 1988 and has led the company's office development and leasing efforts in the Atlanta area for much of his tenure.

"John Murphy has been an integral part of many of our signature projects over the years and he leaves us with our gratitude for his service and our best wishes for his continued success," stated Cousins Board Chairman, Thomas G. Cousins.

Murphy's departure offers an opportunity for Tad Leithead, who has joined Cousins as a Senior Vice President. Leithead will assume Murphy's responsibilities for leading Cousins' office development efforts in the Atlanta area and will report to Craig Jones, President of the Office Division. Mr. Leithead brings 18 years of real estate experience in the Atlanta office market, along with strategic relationships in the political and civic arenas to Cousins.

Tom Bell, Cousins' President and Chief Executive Officer, was enthusiastic about the addition of Leithead. "We continue to deepen and strengthen our talent pool with the addition of Tad Leithead. He brings knowledge of the real estate industry along with a proven track record for execution of complex projects. We look forward to his leadership and leveraging his experience."

Mr. Leithead began his career as a leasing agent with Trammell Crow and was responsible for leasing over 3,000,000 square feet of office space, including the corporate headquarters of RJR Nabisco. He was a founding partner in Childress Klein Properties, a Trammell Crow spin-off, where he managed the company's Atlanta Galleria office and was a key participant in the development of the Cobb Galleria Centre, a 300,000 square foot county-owned convention center. Leithead has also previously served as a development and transportation consultant.

Mr. Leithead has demonstrated leadership in the community by previously serving as the Chairman of the Cobb County Chamber of Commerce. He is currently a member of the Board of Directors of the Atlanta Regional Commission and also serves as Vice Chairman of the Cumberland Community Improvement District (CID), a self-taxing group of commercial property owners. The Cumberland CID is directly responsible for approximately $400 million of road improvements in Cobb County. He is also active in local and national politics, having most recently served as General Chairman for Johnny Isakson's campaign for election to the United States Congress.

In conjunction with the addition of Leithead, Walter Fish has been promoted to Vice President - Director of Leasing, reporting to Mr. Leithead. In his new position, Mr. Fish will have primary responsibility for the leasing of Cousins' office projects in the Atlanta area. Fish previously founded Jamison-Fish Research, a real estate information service, that became Jamison Research and which was ultimately sold to Co-Star. He also formerly worked with Piedmont Center, Royal LaPage and Fairfax Properties. Fish has been an office-leasing representative with Cousins since 1992. One of his most notable achievements is the leasing of the Pinnacle, located in Buckhead.

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, 3.1 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 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 on the Company, please visit Cousins' web site at www.cousinsproperties.com.

Certain matters discussed in this news release are forward-looking statements within the meaning of the federal securities laws and are subject to uncertainties and risks, including, but not limited to, general economic conditions, local real estate conditions, interest rates, the Company's ability to obtain favorable financing, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission, including the Form 8-K filed on March 9, 2001. The words "believes," "expects," "estimates" and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are based on current expectations and speak as of the date of such statements. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information or otherwise.