Exhibit 1.1 ALBERTSON'S INC. 40 million 7.25% Hybrid Income Term Security Units (Initially consisting of 40 million Corporate Units) UNDERWRITING AGREEMENT dated May 3, 2004 BANC OF AMERICA SECURITIES LLC UNDERWRITING AGREEMENTUnderwriting Agreement • May 6th, 2004 • Albertsons Inc /De/ • Retail-grocery stores • New York
