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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0001125282-04-000296.txt : 20040203
<SEC-HEADER>0001125282-04-000296.hdr.sgml : 20040203
<ACCEPTANCE-DATETIME>20040203144119
ACCESSION NUMBER:		0001125282-04-000296
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20040131
FILED AS OF DATE:		20040203

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NUCO2 INC /FL
		CENTRAL INDEX KEY:			0000947577
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-CHEMICALS & ALLIED PRODUCTS [5160]
		IRS NUMBER:				650180800
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			0630

	BUSINESS ADDRESS:	
		STREET 1:		2800 S E MARKET PLACE
		CITY:			STUART
		STATE:			FL
		ZIP:			34997
		BUSINESS PHONE:		5612211754

	MAIL ADDRESS:	
		STREET 1:		2820 SE MARKET PLACE
		CITY:			STUART
		STATE:			FL
		ZIP:			34997

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FOWLER CARBONICS INC
		DATE OF NAME CHANGE:	19951108

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			J P MORGAN CHASE & CO
		CENTRAL INDEX KEY:			0000019617
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-27378
		FILM NUMBER:		04562440

	BUSINESS ADDRESS:	
		STREET 1:		270 PARK AVE
		STREET 2:		39TH FL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2122706000

	MAIL ADDRESS:	
		STREET 1:		270 PARK AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

	FORMER NAME:	
		FORMER CONFORMED NAME:	CHASE MANHATTAN CORP /DE/
		DATE OF NAME CHANGE:	19960402

	FORMER NAME:	
		FORMER CONFORMED NAME:	CHEMICAL BANKING CORP
		DATE OF NAME CHANGE:	19920703

	FORMER NAME:	
		FORMER CONFORMED NAME:	CHEMICAL NEW YORK CORP
		DATE OF NAME CHANGE:	19880508

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			JP MORGAN PARTNERS BHCA LP
		CENTRAL INDEX KEY:			0001106607
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-27378
		FILM NUMBER:		04562439

	BUSINESS ADDRESS:	
		STREET 1:		J.P. MORGAN PARTNERS
		STREET 2:		1221 AVENUE OF THE AMERICAS 40TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10020
		BUSINESS PHONE:		2128993400

	MAIL ADDRESS:	
		STREET 1:		J.P. MORGAN PARTNERS
		STREET 2:		1221 AVENUE OF THE AMERICAS 40TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10020

	FORMER NAME:	
		FORMER CONFORMED NAME:	CHASE EQUITY ASSOCIATES LLC
		DATE OF NAME CHANGE:	20000214

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			JPMP MASTER FUND MANAGER L P
		CENTRAL INDEX KEY:			0001243235
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-27378
		FILM NUMBER:		04562438

	BUSINESS ADDRESS:	
		STREET 1:		JP MORGAN PARTNERS LLC
		STREET 2:		1221 AVENUE OF THE AMERICAS 40TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10020
		BUSINESS PHONE:		212 899-3400

	MAIL ADDRESS:	
		STREET 1:		C/O JPMORGAN PARTNERS LLC
		STREET 2:		1221 AVENUE OF THE AMERICAS 40TH FL.
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10020

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			JPMP CAPITAL CORP
		CENTRAL INDEX KEY:			0001243236
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-27378
		FILM NUMBER:		04562437

	BUSINESS ADDRESS:	
		STREET 1:		C/O J.P. MORGAN PARTNERS, LLC
		STREET 2:		1221 AVENUE OF THE AMERICAS 40TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10020
		BUSINESS PHONE:		212 899-3400

	MAIL ADDRESS:	
		STREET 1:		C/O JPMORGAN PARTNERS
		STREET 2:		1221 AVENUE OF THE AMERICAS 40TH FL.
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10020

	FORMER NAME:	
		FORMER CONFORMED NAME:	JPMP CAPITAL LLC
		DATE OF NAME CHANGE:	20030618
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>b329912_ex.xml
<DESCRIPTION>STATEMENT OF CHANGES IN BENEFICIARY OWNERSHIP
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-01-31</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000947577</issuerCik>
        <issuerName>NUCO2 INC /FL</issuerName>
        <issuerTradingSymbol>NUCO</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001106607</rptOwnerCik>
            <rptOwnerName>JP MORGAN PARTNERS BHCA LP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>J.P. MORGAN PARTNERS</rptOwnerStreet1>
            <rptOwnerStreet2>1221 AVENUE OF THE AMERICAS 40TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10020</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001243235</rptOwnerCik>
            <rptOwnerName>JPMP MASTER FUND MANAGER L P</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>J.P. MORGAN PARTNERS</rptOwnerStreet1>
            <rptOwnerStreet2>1221 AVENUE OF THE AMERICAS 40TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10020</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001243236</rptOwnerCik>
            <rptOwnerName>JPMP CAPITAL CORP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>J.P. MORGAN PARTNERS</rptOwnerStreet1>
            <rptOwnerStreet2>1221 AVENUE OF THE AMERICAS 40TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10020</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000019617</rptOwnerCik>
            <rptOwnerName>J P MORGAN CHASE &amp; CO</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>270 PARK AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2>35TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Options (right to purchase)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>7.25</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2009-10-02</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>6000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>6000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>(see footnote)</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Options (right to purchase)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>7.82</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F3"/>
            </exerciseDate>
            <expirationDate>
                <value>2011-01-01</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>10000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>10000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>(see footnote)</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Warrants</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>6.65</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F13"/>
            </exerciseDate>
            <expirationDate>
                <value>2009-02-27</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>335101</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>665403</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Warrants</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>6.65</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F13"/>
            </exerciseDate>
            <expirationDate>
                <value>2003-02-27</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>330302</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>665403</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeTransaction>
            <securityTitle>
                <value>Convertible Preferred Stock</value>
                <footnoteId id="F5"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>9.28</value>
                <footnoteId id="F6"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2004-01-31</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>14172</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F4"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F4"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>722775</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>722775</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
        <derivativeHolding>
            <securityTitle>
                <value>Options (right to purchase)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>8.69</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F7"/>
            </exerciseDate>
            <expirationDate>
                <value>2012-10-21</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>6000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>6000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>(see footnote)</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Options (right to purchase)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>4.85</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F8"/>
            </exerciseDate>
            <expirationDate>
                <value>2013-03-12</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>6000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>6000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>(see footnote)</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Warrants</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>8.79</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2003-08-25</value>
            </exerciseDate>
            <expirationDate>
                <value>2013-08-25</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>192148</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>192148</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Warrants</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>8.79</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2003-08-25</value>
            </exerciseDate>
            <expirationDate>
                <value>2013-08-25</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>33795</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>33795</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>(see footnote)</value>
                    <footnoteId id="F9"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Warrants</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>8.79</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2003-08-25</value>
            </exerciseDate>
            <expirationDate>
                <value>2013-08-25</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>16967</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>16967</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>(see footnote)</value>
                    <footnoteId id="F10"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Warrants</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>8.79</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2003-08-25</value>
            </exerciseDate>
            <expirationDate>
                <value>2013-08-25</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>5193</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>5193</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>(see footnote)</value>
                    <footnoteId id="F11"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Warrants</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>8.79</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2003-08-25</value>
            </exerciseDate>
            <expirationDate>
                <value>2013-08-25</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>1897</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1897</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>(see footnote)</value>
                    <footnoteId id="F12"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">One-third of the number of shares subject to the option were exercisable commencing October 20, 2000, one-third of the number of shares subject to the option were exercisable commencing  October 20, 2001 and the final one-third of the number of shares subject to the option were exercisable commencing October 20, 2002.</footnote>
        <footnote id="F2">The option was granted to Richard Waters, a limited partner of the JPMP Master Fund Manager, L.P., which is the general partner of J.P. Morgan Partners (BHCA), L.P. (&quot;JPM BHCA&quot;) and a Managing Director of the general partner of JPMP Master Fund Manager, L.P.  Mr. Waters is obligated to exercise the option at the request of, and to transfer any shares issued under the stock option to, JPM BHCA.</footnote>
        <footnote id="F3">One-fifth of the number of shares subject to the option were exercisable commencing January 2, 2001, one-fifth of the number of shares subject to the option were exercisable commencing January 2, 2002, one-fifth of the number of shares subject to the option were exercisable commencing January 2, 2003, one-fifth of the number of shares subject to the option are exercisable commencing January 2, 2004 and the final one-fifth of the number of shares subject to the option are exercisable commencing January 2, 2005.</footnote>
        <footnote id="F4">The Convertible Preferred Stock is immediately exercisable.  It has no expiration date.</footnote>
        <footnote id="F5">Pursuant to the anti-dilution provisions of the warrants and the convertible preferred stock, the number of shares of common stock issuable upon exercise of outstanding warrants increased and the conversion price of the Convertible Preferred Stock decreased as the result of a private placement effected on August 22, 2002.</footnote>
        <footnote id="F6">Dividends are payable in kind if not paid in cash.</footnote>
        <footnote id="F7">One-third of the number of shares subject to the option are exercisable commencing October 21, 2003, one-third of the number of shares subject to the option are exercisable commencing October 21, 2004, and the final one-third of the number of shares subject to the option are exercisable commencing October 21, 2005.</footnote>
        <footnote id="F8">One-third of the number of shares subject to the option were exercisable on March 12, 2003; one-third of the number of shares subject to the option are exercisable commencing March 12, 2004; and the final one-third of the number of shares subject to the option are exercisable commencing March 12, 2005.</footnote>
        <footnote id="F9">The amounts shown represent the beneficial ownership of the Issuer's equity securities by J.P. Morgan Partners Global Investors, L.P.</footnote>
        <footnote id="F10">The amounts shown represent the beneficial ownership of the Issuer's equity securities by J.P. Morgan Partners Global Investors (Cayman), L.P.</footnote>
        <footnote id="F11">The amounts shown represent the beneficial ownership of the Issuer's equity securities by J.P. Morgan Partners Global Investors A, L.P.</footnote>
        <footnote id="F12">The amounts shown represent the beneficial ownership of the Issuer's equity securities by J.P. Morgan Partners Global Investors (Cayman) II, L.P.</footnote>
        <footnote id="F13">The Warrants are immediately exercisable.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Richard D. Waters, Jr.</signatureName>
        <signatureDate>2004-02-03</signatureDate>
    </ownerSignature>
</ownershipDocument>

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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>b329912ex99-1.htm
<DESCRIPTION>EXHIBIT 99-1
<TEXT>
<html>
<head><title>
Prepared and filed by St Ives Burrups
</title>
</head>
<body bgcolor="#FFFFFF"> <p align="left"><font size="2" face="serif"><b>J..P. Morgan Partners (BHCA), L.P./NuCo2, Inc.
Exhibit 99.1</b></font></p>
        <table width="100%" border="1" cellpadding="4" cellspacing="0" bordercolor="#000000">
<tr valign="bottom"><td width="18%" align="center"><font size="1" face="serif"><b>Name and <br>
  Address of <br>
  Reporting Person<sup>(1)</sup></b></font></td>
<td width="10%"><div align="center"><font size="1" face="serif"><b>Designated Reporter<sup>(1)</sup></b></font></div></td>
<td width="8%" align="center"><font size="1" face="serif"><b>Statement for Month/Day/Year</b></font></td>
<td width="10%" align="center"><font size="1" face="serif"><b>Deemed Execution
      <br>
      Date, if any</b></font><font size="1"><br>
  <font face="serif"><b>(Month/Day/Year </b></font></font></td>
<td width="12%" align="center"><font size="1" face="serif"><b>Issuer Name, Ticker</b></font><font size="1"><br>
  <font face="serif"><b>or Trading Symbol</b></font></font></td>
<td width="9%"><div align="center"><font size="1" face="serif"><b>Title of </b></font><font size="1"><br>
      <font face="serif"><b>Security</b></font></font></div></td>
<td width="12%" align="center"><font size="1" face="serif"><b>Amount of Securities
      Beneficially Owned<sup>(1)</sup>
</b></font></td>
<td width="12%" align="center"><font size="1" face="serif"><b>Title of Derivative<br>
Securities and Title<br>
and Amounts of<br>
Securities Underlying<br>
Derivative Securities</b></font></td>
<td width="9%" align="center"><font size="1" face="serif"><b>Ownership Form:</b></font><font size="1"> <font face="serif"><b>Direct
      (D) or</b></font> <font face="serif"><b>Indirect (I)</b></font></font></td>
<td width="9%" align="center"><font size="1" face="serif"><b>Nature of<br>
  Indirect</b></font><font size="1"><br>  <font face="serif"><b>Beneficial Ownership<sup>(1)</sup></b></font></font></td>
<td><div align="center"><font size="1" face="serif"><b>Disclaims</b></font><font size="1"><br>
      <font face="serif"><b>Pecuniary Interest</b></font></font></div></td>
</tr>
<tr valign="bottom">
<td align="left"><font size="2" face="serif">JPMP Master Fund<br>
Manager, L.P.<br>
c/o J.P. Morgan Partners, LLC<br>
1221 Avenue of the Americas,<br>
40th Floor<br>
New York, NY 10020</font></td>
<td align="center"><font size="2" face="serif">J.P. Morgan Partners (BHCA), LP</font></td>
<td align="center"><font size="2" face="serif">January 31, 2004</font></td>
<td align="center"><font size="2" face="serif">N/A</font></td>
<td align="center"><font size="2" face="serif">NuCo2, Inc. (&#147;NuCo&#148;)</font></td>
<td align="center"><font size="2" face="serif">N/A</font></td>
<td align="center"><font size="2" face="serif">N/A</font></td>
<td align="center"><font size="2" face="serif">See Table II</font></td>
<td align="center"><font size="2" face="serif">I</font></td>
<td align="left"><font size="2" face="serif">See Explanatory Note 2 below</font></td>
<td align="center"><font size="2" face="serif">No</font></td>
</tr>
<tr valign="bottom">
<td align="left"><font size="2" face="serif">JPMP Capital Corporation<br>
c/o J.P. Morgan Partners, LLC<br>
1221 Avenue of the <br>
  Americas &#150; 40th Floor<br>
 New York, NY 10020</font></td>
<td align="center"><font size="2" face="serif">J.P. Morgan Partners (BHCA), L.P.</font></td>
<td align="center"><font size="2" face="serif">January 31, 2004</font></td>
<td align="center"><font size="2" face="serif">N/A</font></td>
<td align="center"><font size="2" face="serif">NuCo2, Inc. (&#147;NuCo&#148;)</font></td>
<td align="center"><font size="2" face="serif">N/A</font></td>
<td align="center"><font size="2" face="serif">N/A</font></td>
<td align="center"><font size="2" face="serif">See Table II</font></td>
<td align="center"><font size="2" face="serif">I</font></td>
<td align="left"><font size="2" face="serif">See Explanatory Note 3 below</font></td>
<td align="center"><font size="2" face="serif">No</font></td>
</tr>
<tr valign="bottom">
<td align="left"><p><font size="2" face="serif">J.P. Morgan Chase &amp; Co.<br>
  270 Park Avenue<br>
    35<sup>th</sup> Floor<br>
New York, NY 10017  </font></p></td>
<td align="center"><font size="2" face="serif">J.P. Morgan Partners (BHCA), L.P.</font></td>
<td align="center"><font size="2" face="serif">January 31, 2004</font></td>
<td align="center"><font size="2" face="serif">N/A</font></td>
<td align="center"><font size="2" face="serif">NuCo2, Inc. (&#147;NuCo&#148;)</font></td>
<td align="center"><font size="2" face="serif">N/A</font></td>
<td align="center"><font size="2" face="serif">N/A</font></td>
<td align="center"><font size="2" face="serif">See Table II</font></td>
<td align="center"><font size="2" face="serif">I</font></td>
<td align="left"><font size="2" face="serif">See Explanatory Note 4 below</font></td>
<td align="center"><font size="2" face="serif">No</font></td>
</tr>
</table>
<p align="left"><font size="2" face="serif">Explanatory Note:</font></p>
<table width="100%" cellspacing="0" cellpadding="0" border="0">
<tr valign="top">
<td width="3%"><font size="2" face="serif">1)</font></td>
<td align="left">
<font size="2" face="serif"> The Designated Reporter is executing this report
on behalf of all Reporting Persons, each of whom has authorized it to do so.
Each of such Persons disclaims beneficial ownership of the securities to the
extent it exceeds such Person's pecuniary interest therein.</font></td>
</tr>
<tr valign="top">
  <td>&nbsp;</td>
  <td align="left">&nbsp;</td>
</tr>
</table>
<table width="100%" cellspacing="0" cellpadding="0" border="0">
<tr valign="top">
<td width="3%"><font size="2" face="serif">2)</font></td>
<td align="left">
<font size="2" face="serif"> The amounts shown in Table II represent the beneficial
ownership of the Issuer's equity securities by J.P. Morgan Partners (BHCA), L.P.
(&#147;JPM BHCA&#148;). A portion of the securities may be deemed attributable
to the Reporting Person because the Reporting Person is the general partner of
JPM BHCA. The actual pro rata portion of such beneficial ownership that may be
deemed to be attributable to the Reporting Person is not readily determinable
because it is subject to several variables, including the internal rate of return
and vesting of interests within JPM BHCA.</font></td>
</tr>
<tr valign="top">
  <td>&nbsp;</td>
  <td align="left">&nbsp;</td>
</tr>
</table>
<table width="100%" cellspacing="0" cellpadding="0" border="0">
<tr valign="top">
<td width="3%"><font size="2" face="serif">3)</font></td>
<td align="left">
<font size="2" face="serif"> The amounts shown in Table II represent the beneficial
ownership of the Issuer&#146;s equity securities by JPM BHCA, a portion of which
may be deemed attributable to the Reporting Person because the Reporting Person
is the sole stockholder of JPMP Master Fund Manager (&#147;MF Manager&#148;),
the general partner of JPM BHCA. The actual pro rata portion of such beneficial
ownership that may be deemed attributable to the Reporting Person is not readily
determinable because it is subject to several variables, including the internal
rate of return and vesting within JPM BHCA and MF Manager. </font></td>
</tr>
<tr valign="top">
  <td>&nbsp;</td>
  <td align="left">&nbsp;</td>
</tr>
</table>
<table width="100%" cellspacing="0" cellpadding="0" border="0">
<tr valign="top">
<td width="3%"><font size="2" face="serif">4)</font></td>
<td align="left">
<font size="2" face="serif"> The amounts shown in Table II represent beneficial
ownership of the Issuer&#146;s equity securities by JPM BHCA, a portion of which
may be deemed attributable to the Reporting Person because it is the sole stockholder
of (a) JPMP Capital Corporation, the general partner of MF Manager and (b) Chatham
Ventures, Incorporated, the limited partner of JPM BHCA. The actual pro rata
portion of such beneficial ownership that may be attributable to the Reporting
Person is not readily determinable because it is subject to several variables,
including the internal rate of return and vesting of interests within JPM BHCA
and MF Manager.</font></td>
</tr>
</table>
<p>&nbsp;</p>
<hr noshade align="center" width="100%" size="2">
</body>
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</TEXT>
</DOCUMENT>
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