January 8, 2004, 12:00 AM

UPS DELIVERS EXPANDED SERVICES TO SMALL AND MEDIUM BUSINESSES

(Page 2 of 2)

Certain C.O.D. Products are offered through UPS Capital Trade Protection Services, Inc. Insurance products are offered through UPS Capital Insurance Agency, Inc., and through the following licensed agency affiliates: UPS Capital Insurance Agency, Inc. of California in California; UPS Capital Insurance Agency, Inc. of Alabama in Alabama; UPS Capital Insurance Agency, Inc. of Massachusetts in Massachusetts; and UPS Capital Insurance Agency, Inc. of Nevada in Nevada and Louisiana. UPS Capital Insurance Agency, Inc. and its affiliates are companies of UPS Capital Corporation. Insurance programs are governed by the terms, conditions, limitations and exclusions set forth in the applicable insurance policy. Certain insurance coverage is not available in all areas.

Contacts:
Irene Moore
UPS Capital
678-746-6571
imoore@ups-scs.com

Mike Slatin, Fleishman-Hillard
314-982-8661
slatinm@fleishman.com

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