| (2) | EastGroup Properties, Inc. (the “Company”) has previously registered shares of its common stock, $0.0001 par value per share (the “Common Stock”), having an aggregate offering price of up to $750,000,000, offered by means of a 424(b)(5) prospectus supplement, dated December 16, 2022 (the “Prior Prospectus Supplement”), pursuant to a Registration Statement on Form S-3 (Registration No. 333-268821), filed with the Securities and Exchange Commission on December 16, 2022. In connection with the filing of the Prior Prospectus Supplement, the amount of the registration fee was $82,650, which the Company satisfied through a fee offset claim in the amount of $39,649.80 and a contemporaneous fee payment in the amount of $43,000.20. As of the date of this prospectus supplement, shares of Common Stock having an aggregate offering price of up to $285,694,510.61 remain unsold under the Prior Prospectus Supplement. Pursuant to Rule 457(p) under the Securities Act, the registration fee of $31,483.54 that has already been paid and remains unused with respect to the unsold shares of Common Stock previously registered pursuant to the Prior Prospectus Supplement and were not sold thereunder is offset against the registration fee of $110,700 due for this offering. The remaining balance of the registration fee, $79,216.46, has been paid in connection with this offering. The registrant has terminated the offering that included the unsold shares of Common Stock under the Prior Prospectus Supplement. |