Parkway Properties Honored Nationally as One of the 50 Best Companies to Work for in America

      

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The list, now in its sixth year, ranks the top 25 small and top 25 medium-sized companies using "best practice" people management strategies to develop successful organizations with highly productive and satisfied workforces. Organizations range in size from 50 to 999 employees and the GPTW selects the winners based on a randomly distributed employee opinion survey. Each company evaluated was given a score based on employees' responses to a detailed questionnaire about the organizations' workplace cultures. This year over 500 companies applied for the award.

Articles and profiles of the winning organizations will appear in the June issue of Fortune Small Business, in the July issue of HR Magazine and on CNNMoney.com. The winning organizations will also be listed on the SHRM (www.shrm.org) and GPTW (www.greatplacetowork.com) web sites.

Steven G. Rogers, President and Chief Executive Officer of Parkway, stated, "We are humbled and honored to receive this award for the third time in the past six years. Because this award reflects the level of trust, pride and camaraderie within the Parkway team, it makes us very proud."

"Small and medium-sized companies make up the majority of the American economy and workforce," said SHRM President and CEO Laurence O'Neil. "These 50 winning organizations demonstrate that investing in people is critical to their success, and we are proud to recognize their accomplishments."

GPTW co-founder, Robert Levering, said, "These companies stand out because their employees find them to be places where they can trust the management, take pride in their work and have fun. Other companies have much to learn about how to be productive and do right by their people."

SHRM is the world's largest association devoted to human resource management. Representing more than 250,000 members in over 140 countries, the Society serves the needs of HR professionals and advances the interests of the HR profession. Founded in 1948, SHRM has more than 575 affiliated chapters withinthe United States and subsidiary offices inChina andIndia.

GPTW is an international research and consulting firm dedicated to building great workplaces. GPTW uses its employee survey and assessment process to select the companies appearing on the annual "Best Small & Medium Companies to Work For in America" list and FORTUNE's 100 Best Companies to Work For(R) list. In addition to its global headquarters inSan Francisco, GPTW has 29 affiliates in countries throughoutNorth America,South America,Europe andAsia.

Parkway Properties, Inc., a member of the S&P Small Cap 600 Index, is a self-administered real estate investment trust specializing in the operation, leasing, acquisition, and ownership of office properties. The Company is geographically focused on the Southeastern andSouthwestern United States andChicago. Parkway owns or has an interest in 65 office properties located in 11 states with an aggregate of approximately 13.4 million square feet of leasable space at June 29, 2009. Included in the portfolio are 21 properties totaling 3.9 million square feet that are owned jointly with other investors, representing 28.8% of the portfolio. Fee-based real estate services are offered through the Company's wholly-owned subsidiary, Parkway Realty Services, which also manages and/or leases approximately 1.9 million square feet for third-party owners at June 29, 2009.

Parkway Properties, Inc.'s press releases and additional information about the Company are available on the World Wide Web at www.pky.com.

    CONTACT:
    STEVEN G. ROGERS
    PRESIDENT & CHIEF EXECUTIVE OFFICER
    WARREN L. SPEED
    SENIOR VICE PRESIDENT
    (601) 948-4091

SOURCE Parkway Properties, Inc.