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Cousins Adds Residential Towers to Terminus

Grand Plazas and Destination Restaurants Will Create New “Center of Buckhead”

ATLANTA— April, 25, 2006--Cousins Properties Incorporated (NYSE: CUZ) is announcing the addition of three high-rise residential towers to the master plan for Terminus, its 10-acre, $500 million mixed-use office, residential and retail development currently under construction in the heart of Atlanta’s Buckhead community.

“With Terminus, we are striving to create a true urban town center for Buckhead. We are building a community where folks have all the choices to live, work and play…all just a few steps away,” says Larry Gellerstedt, President for Cousins Office and Multi-family Division.

The residential component of Terminus now includes two 40-story residential towers, as well as a third 17-story residential tower on top of Terminus’12-story parking deck. The condominiums offered will be a mix of one, two or three-bedroom units, with a variety of floor plans.

Ground floor retail is planned for all three residential towers as well. Prices on the condominium homes are expected to start in the $300’s with pre-sales to begin in the summer of 2006.

Earlier this month four destination restaurants were also announced for Terminus. AquaKnox, Lola, BrickTops and MF, represent new concepts from well-known Atlanta restaurateurs, as well as newcomers and trendsetters from other markets to the local dining scene. These new eateries at Terminus will be housed in a unique two-story, elliptical restaurant building facing Peachtree Road, as well as along Terminus’ vibrant Café Street.

Located at the celebrated intersection of two of the city’s greatest roads – Peachtree and Piedmont, the Terminus community is designed by renowned architect Turan Duda of Duda-Paine Architects. In addition to the residential, open space components, and innovative restaurants, this ambitious multi-phase project also includes two, signature high-rise office towers, and upscale retail boutiques.

About Cousins Properties
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, multi-family, retail, industrial and land development projects. The Company's portfolio consists of interests in 7.4 million square feet of office space, 3.8 million square feet of retail space, 0.8 million square feet of industrial space, two multi-family residential projects, over 9,600 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 11.4 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.

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 and local economic conditions, local real estate conditions, the activity of others developing competitive projects, the cyclical nature of the real estate industry, the financial condition of existing tenants, interest rates, the Company's ability to obtain favorable financing or zoning, environmental matters, the effects of terrorism, the failure of assets under contract for sale to ultimately close and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission, including the Company's Report on Form 10-K for the year ended December 31, 2005. The words "believes", "expects", "anticipates", "estimates" and similar expressions are intended to identify forward-looking statements. Although the Company believes that its plans, intentions and expectations reflected in any forward-looking statement are reasonable, the Company can give no assurance that these plans, intentions or expectations will be achieved. 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.