SCHEDULE 14A
                                 (RULE 14A-101)

                   INFORMATION REQUIRED IN PROXY STATEMENT

                            SCHEDULE 14A INFORMATION

                  PROXY STATEMENT PURSUANT TO SECTION 14(A)
                    OF THE SECURITIES EXCHANGE ACT OF 1934


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                                                Commission Only (as permitted by
                                                Rule 14a-6(e)(2))
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|_|   Soliciting Material Pursuant to Rule 14a-12


                            POST PROPERTIES, INC.
               (Name Of Registrant As Specified In Its Charter)

                                JOHN A. WILLIAMS
                                  ROY E. BARNES
                             FRANCIS L. BRYANT, JR.
                                 PAUL J. DOLINOY
                                THOMAS J.A. LAVIN
                                GEORGE R. PUSKAR
                                EDWARD LOWENTHAL
                                 CRAIG G. VOUGHT
                             WILLIAM A. PARKER, JR.
                                   J.C. SHAW
   (Name Of Person(s) Filing Proxy Statement, If Other Than The Registrant)


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Contacts:
Media                                     Investors
Jeremy Fielding/Kimberly Kriger           Larry Dennedy/Bob Marese
Kekst and Company                         MacKenzie Partners, Inc.
212-521-4800                              212-929-5500


                JOHN WILLIAMS, ED LOWENTHAL AND GEORGE PUSKAR
                              COMMENT ON ISS REPORT

ATLANTA, May 13, 2003 - John A. Williams and Edward Lowenthal, President and
Chief Executive Officer designate, and George Puskar, independent director
nominee and proposed non-executive Chairman of Post Properties, Inc. (NYSE:
PPS), today issued the following statement regarding the Institutional
Shareholder Services (ISS) report on the proxy contest to elect an independent
slate of directors to the Post Properties Board of Directors:

"While we disagree with ISS's conclusion, we note that ISS itself says in its
report:

      A capital event such as the sale of the company is more likely if [Mr.
      Williams] wins.... [H]e has put together a very experienced team of
      director nominees.

"Since the day of the GID offer, Post's stock has risen from $22.95 per share to
a recent high of $26.64 per share. In our opinion, Post shareholders clearly
want a sale of the company to be fully explored. Moreover, we continue to
believe that the election of the independent director nominees, and the adoption
of their platform for enhancing shareholder value, is the right choice, and the
best decision, for all Post Properties shareholders.

"Shareholders who are satisfied with the status quo can reelect the incumbent
directors. Those who want a Board committed to exploring all alternatives for
value creation should vote for our nominees, who will make the changes necessary
to enhance shareholder value."

Mr. Puskar said, "Ultimately, the only decision-makers in this contest are the
shareholders of Post Properties, and we continue to be encouraged by the support
for our slate and its platform that many of them have expressed. Every vote is
important in this critical election. We urge all shareholders to vote their GOLD
proxy card for a new independent Board and, in turn, for a new Chairman, a new
Chief Executive Officer, and a new and firm commitment to value enhancement for
all Post Properties shareholders."




                                                                        2

You may obtain a free copy of Mr. Williams' proxy statement and other relevant
documents by calling MacKenzie Partners, Inc. toll-free at (800) 322-2885 or
(212) 929-5500 or by email at PROXY@MACKENZIEPARTNERS.COM. Mr. Williams' proxy
statement, which has been mailed to Post Properties Shareholders and other
filings and information related to his solicitation can be found at
WWW.POSTSHAREHOLDERS.COM

Note: Permission to use quotation from ISS Report was neither sought nor
obtained.
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