Cousins Renews Coca-Cola Enterprises' Lease At 2500 Windy Ridge Parkway; Corporate Headquarters Remain at Wildwood Office Park in Metro Atlanta.

Business Editors

ATLANTA--(BUSINESS WIRE)--Sept. 4, 2002

Cousins Properties Incorporated (NYSE: CUZ) today announced that Coca-Cola Enterprises Inc. (NYSE: CCE) has renewed its lease at 2500 Windy Ridge Parkway in Atlanta and has agreed to a long-term lease commitment. Coca-Cola Enterprises Inc. will occupy 236,000 square feet, a 25% expansion, on ten floors in the Class "A" office building located in Wildwood Office Park. The renewal represents one of metropolitan Atlanta's largest office lease transactions in 2002.

Tom Bell, president and chief executive officer of Cousins, stated, "We love having Coca-Cola Enterprises at Wildwood and we are delighted they have decided to stay for the long-term. As one of the leading companies in Atlanta and the nation, we place a very high value on our relationship and look forward to continuing our successful partnership for many years to come."

Craig Jones, president of Cousins' Office Division, added, "One of our important operating objectives is to work with our customers to renew their leases well before they expire. This transaction is a clear indication of the benefits of this philosophy."

Wildwood, developed by Cousins Properties Incorporated, is a multi-phase office complex, which began construction in 1981. Centrally located in the heart of the growing northwest corridor of Atlanta, Wildwood is one of Atlanta's signature office parks on 289 masterplanned acres. It contains eight Class "A" office buildings totaling 2.4 million square feet, a full range of business and service amenities and immediate access to I-285 and I-75. Currently, the park is 98% leased.

Coca-Cola Enterprises Inc. is the world's largest marketer, distributor, and producer of bottle and can liquid nonalcoholic refreshment. Coca-Cola Enterprises sells approximately 80% of The Coca-Cola Company's bottle, can volume in North America, and is the sole licensed bottler for products of The Coca-Cola Company in Belgium, continental France, Great Britain, Luxembourg, Monaco, and the Netherlands. It operates 463 facilities in the United States, Canada and Western Europe, employs 72,000 people worldwide and generates approximately $16 billion each year.

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.