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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
18-Nov-09	3,048	UPS	Sale at $57.14 per share. (Proceeds of $174,162)
30-Oct-09	867	UPS	Option Exercise at $57.71 per share. (Cost of $50,034)
30-Oct-09	281	UPS	Disposition (Non Open Market) at $57.71 per share. (Value of $16,216)
15-May-09	385	UPS	Disposition (Non Open Market) at $0 per share.
15-May-09	4,643	UPS	Option Exercise at $0 per share.
15-May-09	1,507	UPS	Disposition (Non Open Market) at $51.66 - $55.83 per share. (Value of about $81,000)
22-Apr-09	*744	UPS	Acquisition (Non Open Market) at $0 per share.
22-Apr-09	1,116	UPS	Disposition (Non Open Market) at $0 per share.
13-Mar-09	7,663	UPS	Option Exercise at $0 per share.
13-Mar-09	2,554	UPS	Disposition (Non Open Market) at $42.49 per share. (Value of $108,519)
5-Mar-09	1,470	UPS	Sale at $39.56 per share. (Proceeds of $58,153)
25-Feb-09	3,460	UPS	Sale at $41.94 - $41.95 per share. (Proceeds of about $145,000)
4-Feb-09	2,100	UPS	Sale at $45.37 per share. (Proceeds of $95,277)
16-Jan-09	6,500	UPS	Sale at $47.60 per share. (Proceeds of $309,400)
4-Nov-08	3,109	UPS	Sale at $53.91 per share. (Proceeds of $167,606)
3-Nov-08	1,985	UPS	Sale at $52.88 - $53.02 per share. (Proceeds of about $105,000)
31-Oct-08	595	UPS	Option Exercise at $0 per share.
31-Oct-08	193	UPS	Disposition (Non Open Market) at $51.30 per share. (Value of $9,900)
22-Jul-08	30,360	UPS	Acquisition (Non Open Market) at $62.11 per share. (Value of $1,885,659)
22-Jul-08	30,360	UPS	Disposition (Non Open Market) at $62.11 per share. (Value of $1,885,659)
16-May-08	2,200	UPS	Option Exercise at $0 per share.
16-May-08	714	UPS	Disposition (Non Open Market) at $73.28 per share. (Value of $52,321)

    * Indicates that some (or all) shares are held indirectly (e.g. in a trust, by a spouse, etc.)