Parkway Announces Quarterly Dividend

                     Parkway Announces Quarterly Dividend

PR Newswire

ORLANDO, Fla., Feb. 19, 2014

ORLANDO, Fla., Feb. 19, 2014 /PRNewswire/ -- Parkway Properties, Inc. (NYSE:
PKY) announced today that its Board of Directors has declared a quarterly
dividend of $0.1875 per share, payable on March 26, 2014 to shareholders of
record for Common Stock on March 12, 2014. This dividend is the 110th
consecutive quarterly distribution to Parkway's shareholders of Common Stock
and represents an annualized dividend rate of $0.75 per share.

(Logo: http://photos.prnewswire.com/prnh/20030513/PARKLOGO )

About Parkway Properties

Parkway Properties, Inc. is a fully integrated, self-administered and
self-managed real estate investment trust specializing in the acquisition,
ownership and management of quality office properties in higher growth
submarkets in the Sunbelt region of the United States. Parkway owns or has an
interest in 50 office properties located in eight states with an aggregate of
approximately 17.6 million square feet at January 1, 2014. Parkway also offers
fee-based real estate services which manage and/or lease approximately 12.2
million square feet for third parties as of January 1, 2014. Additional
information about Parkway is available on the company's website at
www.pky.com.

Contact:
Ted McHugh
Director of Investor Relations
(407) 650-0593

SOURCE Parkway Properties, Inc.

Website: http://www.pky.com
 
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