UPS Increases Dividend

  UPS Increases Dividend

Board Approves Stock Repurchase Authorization; John Thompson Announces Intent
                         not to Stand for Re-election

Business Wire

ATLANTA -- February 14, 2013

The UPS (NYSE: UPS) Board of Directors today declared a regular quarterly
dividend of $0.62 per share on all outstanding Class A and Class B shares, an
increase of 8.8%. The dividend is payable on Mar. 12, 2013 to shareholders of
record on Feb. 25, 2013.

“This dividend increase reflects the power of the UPS business model to
deliver consistent returns to shareowners,” said Scott Davis, UPS Chairman and
CEO. “During 2012 we generated almost $5.4 billion in free cash flow, enabling
reinvestment for growth and greater shareowner distributions, which are a top
priority at UPS.”

UPS has a long history of its commitment to cash dividends. For more than four
decades it has either increased or maintained its dividend. Since 2000 its
dividend has more than tripled.

Reflecting confidence in UPS’s capital efficiency, the board also reauthorized
the company’s share repurchase program for $10 billion. The new share
repurchase authorization has no expiration date and replaces the one approved
in 2012. On January 31, UPS announced an increase in its 2013 share repurchase
plans from $1.5 billion to $4.0 billion.

In other action, the board disclosed it has been advised by John Thompson, CEO
of Virtual Instruments Corporation and the former Chairman and CEO of
Symantec, he will not stand for re-election when his term expires in May. “I
joined the board of UPS because it was the leading logistics company,
delivering value to its customers, communities and shareholders around the
world,” said Thompson. “It was my privilege to work with such a great team to
expand its global footprint and drive innovation, especially in its
technology. I’ve truly enjoyed serving during 12 years of tremendous growth
for one of the world’s greatest brands.”

Thompson has served on the board since 2000, making him the second longest
serving board member. Davis said, “John's strategic counsel helped guide the
development of new technologies, which led to multiple innovations in the way
we serve customers and manage the business. His insights were invaluable and
his contribution can’t be underestimated.”

UPS(NYSE:UPS) is a global leader in logistics, offering a broad range of
solutions including the transportation of packages and freight; the
facilitation of international trade, and the deployment of advanced technology
to more efficiently manage the world of business. Headquartered in Atlanta,
UPS serves more than 220 countries and territories worldwide. The company can
be found on the Web atUPS.comand its corporate blog can be found To get UPS news direct,

Except for historical information contained herein, the statements made in
this release constitute forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. Such forward-looking statements, including statements
regarding the intent, belief or current expectations of UPS and its management
regarding the company's strategic directions, prospects and future results,
involve certain risks and uncertainties. Certain factors may cause actual
results to differ materially from those contained in the forward-looking
statements, including economic and other conditions in the markets in which we
operate, our competitive environment, increased security requirements,
strikes, work stoppages and slowdowns, changes in energy prices, governmental
regulations and other risks discussed in the company's Form 10-K and other
filings with the Securities and Exchange Commission, which discussions are
incorporated herein by reference.


Mark Dickens, Public Relations
Andy Dolny, Investor Relations
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