UPS Garners Top Honors for Diversity Leadership.

Business Editors

ATLANTA--(BUSINESS WIRE)--April 27, 2004

In just the first four months of 2004, UPS (NYSE:UPS) has received top honors from several prominent organizations for its commitment to promoting a diverse and inclusive workplace.

UPS recently ranked No. 32 on DiversityInc magazine's "Top 50 Companies for Diversity" and also was listed among Hispanic magazine's "Corporate 100." Additionally, two of UPS's leading Latina executives - Jovita Carranza and Ana Guevara - were recognized by Hispanic Business magazine and the World Trade Center of Miami, respectively, for their professional and personal accomplishments.

In addition to being listed as No. 32 on DiversityInc's "Top 50 Companies for Diversity," UPS also was ranked No. 7 by the magazine as one of the "Top 10 Companies for Latinos." DiversityInc's annual survey is based on a rigorous set of metrics for evaluating diversity. Companies provide data on four key areas: CEO commitment, human capital, corporate communications (internal and external) and supplier diversity.

"Managing diversity is a competitive factor for any business, from sales and marketing, to recruiting and retaining the best talent," said Luke Visconti, partner and co-founder, DiversityInc. "UPS's strong showing demonstrates its national leadership in diversity, especially in its programs for Latinos, the largest minority group in the United States."

In its April issue, Hispanic Business magazine named Jovita Carranza, vice president of Air Operations for UPS, as the 2004 Woman of the Year. In her current role, Carranza oversees the management of UPS Worldport, a state-of-the-art, 4 million-square-foot air facility in Louisville, Ky. A UPS employee since 1976, Carranza has held several management positions within the company and was the first female in UPS's history to preside over an international region. Carranza is the highest-ranking Latina at UPS.

In February, the World Trade Center Miami named UPS's Ana Guevara, vice president of public affairs for the Americas, to its inaugural group of women honored to commemorate International Women's Day. Nine female executives were selected for this honor based on their leadership in promoting free trade and international business in the Americas.

With employees in more than 200 countries and territories worldwide, UPS promotes a culture of inclusiveness, respect and cooperation. UPS has one of the most diverse workforces of any company, with minorities making up more than one-third of the company's approximately 317,000 U.S. employees. Among the company's U.S. managers, minorities hold more than 28 percent of those 53,000 executive positions. Hispanics hold nearly 10 percent.

At the corporate level, UPS has long-standing partnerships with groups that support and advocate equal opportunity, including the National Urban League, National Council of La Raza, National Council of Women, Organization of Chinese Americans, Japanese American Citizen League and the U.S. Hispanic Chamber of Commerce. UPS also is an active member of the National Minority Supplier Development Council.

UPS is the world's largest package delivery company and a global leader in supply chain services, offering an extensive range of options for synchronizing the movement of goods, information and funds. Headquartered in Atlanta, Ga., UPS serves more than 200 countries and territories worldwide. UPS's stock trades on the New York Stock Exchange (UPS), and the company can be found on the Web at UPS.com.