CUZ Cousins Properties Inc

Cousins Properties Incorporated (NYSE:CUZ) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.37 per share, or $1.48 on an annualized basis, payable December 22, 2005, to common stockholders of record on December 8, 2005. 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, industrial, multi-family and land development projects. The Company's portfolio consists of interests in 7.5 million square feet of office and medical office space, 3.7 million square feet of retail space, 416,000 square feet of industrial space, over 3,200 acres of strategically located land tracts for sale or future development, and significant land holdings for development of single-family residential communities. Cousins also provides leasing and management services to third-party investors; its client-services portfolio comprises 11.1 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 on the Company, please visit Cousins' Web site at www.cousinsproperties.com.