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UPS Capital Expanding Role in Small Business Lending


Ranked in Top 15 for U.S. SBA Lenders

ATLANTA, Nov. 28, 2006 - Continuing its commitment to small businesses, UPS CapitalSM, the financial services arm of UPS (NYSE:UPS), has become one of the nation’s top lenders under the government-guaranteed 7(a) loan program of the U.S. Small Business Administration (SBA).

For the SBA’s fiscal year ended Sept. 30, 2006, UPS Capital Business Credit, a unit of UPS Capital, facilitated 304 SBA 7(a) loans valued at $190.7 million. That activity puts UPS Capital Business Credit among the SBA’s top 15 lenders as measured by dollar value. Compared with fiscal 2005, UPS Capital Business Credit’s SBA activity in 2006 increased more than 22 percent in both the number and dollar value of loans facilitated.

“UPS is committed to helping small businesses succeed and grow and that means we strive to help them not only move their goods and information but also secure the financing they need,” said Bob Bernabucci, president, UPS Capital.

UPS can offer solutions to small businesses that combine financial services with the company’s core package shipping and supply chain capabilities. One beneficiary of this comprehensive portfolio is TrueWave, LLC, a producer of high-end audio equipment under the brand name Wadia.

In addition to relying on UPS Capital Business Credit to facilitate an SBA loan for business acquisition and working capital, TrueWave ships its products via UPS air freight services and UPS Ground. The company uses UPS WorldShip® to process shipments and Quantum ViewSM Notify for package status email notifications.

“After reaching out to several traditional banks for lending options, we decided to go with UPS Capital because they offered a complete solution for our business,” said John Schaffer, president of Wadia. “The UPS Capital team really understood our vision, and they worked with us every step of the way to ensure that we got the very best service.”

A key reason UPS Capital has been able to achieve double-digit SBA lending growth has been its participation in the SBA’s Preferred Lender Program, which slashes the amount of time and effort it takes for business customers to secure SBA loans. In 2005, UPS Capital Business Credit became a PLP participant in all of the SBA’s 75 districts covering the contiguous United States. UPS Capital Business Credit also is a leading lender in the government-guaranteed loan program of the Export-Import Bank of the U.S.

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 To get UPS news direct, visit

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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, governmental regulations, our competitive environment, strikes, work stoppages and slowdowns, increases in aviation and motor fuel prices, cyclical and seasonal fluctuations in our operating results, 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.

UPS Capital loans are made in California pursuant a Department of Corporations California Finance Lenders License. Government guaranteed loans are offered through UPS Capital Business Credit, a subsidiary of UPS Capital Corporation. UPS Capital Corporation is neither an agent for, nor associate of, UPS Capital Business Credit for the purposes of originating, processing, underwriting or servicing government guaranteed loans (e.g., SBA, USDA or Ex-Im guaranteed loans). Products may not be available in all areas and may be modified based on requirements. Credit availability is subject to approval.


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