Exhibit 1 --------- 1,500,000 Shares EASTGROUP PROPERTIES, INC. 9.00% Series A Cumulative Redeemable Preferred Stock ($0.0001 Par Value) UNDERWRITING AGREEMENT ---------------------- June 12, 1998 PAINEWEBBER INCORPORATED A.G. EDWARDS & SONS, INC....Underwriting Agreement • June 19th, 1998 • Eastgroup Properties Inc • Real estate investment trusts • New York
