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<SEC-DOCUMENT>0000950103-03-001548.txt : 20030718
<SEC-HEADER>0000950103-03-001548.hdr.sgml : 20030718
<ACCEPTANCE-DATETIME>20030718155850
ACCESSION NUMBER:		0000950103-03-001548
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20030718
FILED AS OF DATE:		20030718

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ULTRAPAR HOLDINGS INC
		CENTRAL INDEX KEY:			0001094972
		STANDARD INDUSTRIAL CLASSIFICATION:	NATURAL GAS DISTRIBUTION [4924]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14950
		FILM NUMBER:		03793150

	BUSINESS ADDRESS:	
		STREET 1:		AV BRIGADERIO LUIZ ANTONIO 1343
		STREET 2:		9 ANDAR SAO PAULO
		CITY:			SP BRAZIL 01350-900
		STATE:			D5
		ZIP:			00000

	MAIL ADDRESS:	
		STREET 1:		CT CORPORATION SYSTEM
		STREET 2:		1633 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>jul1803_6k.htm
<TEXT>
<HTML>
<HEAD>
   <TITLE>ULTRAPAR 6-K</TITLE>
</HEAD>
<body leftmargin="50p" marginwidth="50p">
<HR size="4" noshade color="#000000" style="margin-top: -2px">
<HR size="1" noshade color="#000000" style="margin-top: -10px">
<P align="center">
<B><FONT size=4 face="serif">Form 6-K </FONT></B>
</P>
<P align="center"> <B><FONT size=4 face="serif">SECURITIES AND EXCHANGE
  COMMISSION<br>
  </FONT></B><B><FONT size=4 face="serif">Washington, D.C. 20549 </FONT></B>
</P>
<P align="center"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><FONT size=3 face="serif">Report
  Of Foreign Private Issuer Pursuant To Rule 13a-16 Or 15d-16 Of<br>
  The Securities Exchange Act Of 1934 </FONT></B> </P>
<P align="center"> <FONT size="3" face="serif">For the July 18, 2003
  </FONT> </P>
<P align="center"> <FONT size="3" face="serif">Commission File Number:
  001-14950 </FONT> </P>
<P align="center"> <B><FONT size=5 face="serif">ULTRAPAR HOLDINGS INC.<br>
  </FONT></B><FONT size=2 face="serif">(Translation of Registrant&#146;s
  Name into English)</FONT><font size="2"><B><FONT face="serif"> </FONT></B>
  </font></P>
<P align="center"> <B><FONT face="serif">Avenida Brigadeiro Luis Antonio,
  1343, 9&ordm;</FONT></B><FONT face="serif"> </FONT><B><FONT face="serif">Andar</FONT></B><br>
  <B><FONT face="serif">S&atilde;o Paulo, SP, Brazil 01317-910<br>
  </FONT></B><FONT size=2 face="serif">(Address of Principal Executive
  Offices) </FONT> </P>
<blockquote>
  <p> <FONT face="serif">Indicate by check mark whether the registrant
    files or will file annual reports under cover of Form 20-F or Form
    40-F: </FONT> </p>
</blockquote>
<div align="center">
  <table border=0 cellpadding=0 cellspacing=0>
    <tr align="center">
      <td width="200" valign="top">Form 20-F <u>&nbsp;&nbsp;X&nbsp;&nbsp;</u>
      <td width="200" valign="top">Form 40-F <u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></tr>
  </table>
</div>
<blockquote>
  <p> <FONT face="serif">Indicate by check mark if the registrant is
    submitting the Form 6-K in paper as permitted by Regulation S-T
    Rule 101(b)(1):</FONT> </p>
</blockquote>
<div align="center">
  <table border=0 cellpadding=0 cellspacing=0>
    <tr align="center">
      <td width="150" valign="top">Yes <u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
      <td width="150" valign="top">No <u>&nbsp;&nbsp;X&nbsp;&nbsp;</u></tr>
  </table>
</div>
<blockquote>
  <p> <FONT face="serif">Indicate by check mark if the registrant is
    submitting the Form 6-K in paper as permitted by Regulation S-T
    Rule 101(b)(7):</FONT> </p>
</blockquote>
<div align="center">
  <table border=0 cellpadding=0 cellspacing=0>
    <tr align="center">
      <td width="150" valign="top">Yes <u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
      <td width="150" valign="top">No <u>&nbsp;&nbsp;X&nbsp;&nbsp;</u></tr>
  </table>
</div>
<blockquote>
  <p> <FONT face="serif">Indicate by check mark whether by furnishing
    the information contained in this Form, the Registrant is also
    thereby furnishing the information to the Commission pursuant to
    Rule 12g3-2(b) under the Securities Exchange Act of 1934: </FONT>
  </p>
</blockquote>
<div align="center">
  <table border=0 cellpadding=0 cellspacing=0>
    <tr align="center">
      <td width="150" valign="top">Yes <u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
      <td width="150" valign="top">No <u>&nbsp;&nbsp;X&nbsp;&nbsp;</u></tr>
  </table>
</div>
<blockquote>
  <p> <FONT face="serif">If &#147;Yes&#148; is marked, indicate below
    the file number assigned to the registrant in connection with</FONT>
    <FONT face="serif">Rule 12g3-2(b): </FONT><U><FONT face="serif">N/A</FONT></U><B><FONT face="serif">
    </FONT></B> </p>
</blockquote>
<br>
<HR size="1" noshade color="#000000" style="margin-top: -2px">
<HR size="4" noshade color="#000000" style="margin-top: -10px"><!-- *************************************************************************** -->
<!-- MARKER PAGE="sheet: 1; page: 1" -->
<br>
<br>
<P align="center">
<B><FONT face="serif">ULTRAPAR HOLDINGS INC.</FONT></B>
</P>
<P align="center">
<B><FONT face="serif">TABLE OF CONTENTS </FONT></B>
</P>
<div align="center">
  <TABLE width="90%" border=0 cellspacing=0 cellpadding=0>
    <TR>
      <TD width="36%"><font size="2" face="serif">&nbsp;</font></TD>
      <TD width="82%"><font size="2" face="serif">&nbsp;</font></TD>
      <TD width="49%"><font size="2" face="serif">&nbsp;</font></TD>
      <TD width="3%">&nbsp;</TD>
    </TR>
    <TR>
      <TD width="36%"><font size="2" face="serif">&nbsp;</font></TD>
      <TD width="82%"><font size="2" face="serif">&nbsp;</font></TD>
      <TD width="49%"><font size="2" face="serif">&nbsp;</font></TD>
      <TD width="3%">&nbsp;</TD>
    </TR>
    <TR>
      <TD align="center" width="36%"><B><FONT size="2" face="serif">ITEM</FONT></B></TD>
      <TD align="center" width="82%"><font size="2" face="serif">&nbsp;</font></TD>
      <TD width="49%"><font size="2" face="serif">&nbsp;</font></TD>
      <TD width="3%">&nbsp;</TD>
    </TR>
    <TR>
      <TD colspan=3 align="center"><hr align="left" width=100% size=1 noshade color="#000000">
      </TD>
      <TD>&nbsp;</TD>
    </TR>
    <TR valign="top">
      <TD width="36%" align="center"><B><FONT size="2" face="serif">1.</FONT></B></TD>
      <TD colspan=2><B><FONT size="2" face="serif">Material Notice - Ultrapar
        announces the signature of a preliminary</FONT></B><font size="2" face="serif"><b><font size="2" face="serif">
        agreement to acquire the </font></b><b><font size="2" face="serif">chemical
        division of the Berci Group (CANAMEX)</font></b></font></TD>
      <TD width="3%">&nbsp;</TD>
    </TR>
  </TABLE>
</div>
<br>
<br>
<hr size=3 color=GRAY noshade>
<!-- *************************************************************************** -->
<!-- MARKER PAGE="sheet: 1; page: 1" -->
<br>
<br>
<P align="right"> <B><FONT size="3" face="serif">ITEM 1</FONT></B>
</P>
<P>
<IMG src="jul1803_6kx4x1.jpg" border=0>
</P>
<P align="center">
<B><I><FONT color="#000066" size=5 face="sans-serif">ULTRAPAR PARTICIPA&Ccedil;&Otilde;ES S.A.</FONT></I></B>
</P>
<P align="center"> <B><U><FONT size="2" face="Arial, Helvetica, sans-serif">Ultrapar
  announces the signature of a preliminary agreement to acquire</FONT></U></B><font size="2" face="Arial, Helvetica, sans-serif"><B>
  </B> </font></P>
<P align="center"> <font size="2" face="Arial, Helvetica, sans-serif"><B><U>the
  chemical division of the Berci Group (CANAMEX)</U></B> </font> </P>
<P>
<FONT size=2 face="Arial, Helvetica, sans-serif">S&atilde;o Paulo, Brazil, July 17, 2003 - ULTRAPAR PARTICIPA&Ccedil;&Otilde;ES S.A. (ULTRAPAR) (BOVESPA:UGPA4/NYSE:UGP), a company engaged in
LPG distribution (Ultragaz), chemical and petrochemical production (Oxiteno) as well as transportation and storage of related products (Ultracargo), announces that it has signed a preliminary agreement to acquire the chemical division of the Berci
Group (CANAMEX). </FONT>
</P>
<P>
<FONT size=2 face="Arial, Helvetica, sans-serif">CANAMEX is a specialty chemical producer with 2 plants in Mexico (Guadalajara and Coatzacoalcos), an installed production capacity of 52,800 ton/year and the same technological base as exists at Oxiteno&#146;s
surfactants&#146; plants. The company&#146;s product range is similar to Oxiteno&#146;s and, in the case of some markets, complementary. In 2002, CANAMEX reported sales of US$19.0 million and an operating cash generation (EBITDA) of US$2.0 million.
A few years ago, CANAMEX experienced serious financial difficulties, with its control being transferred to a committee of creditor banks. Currently, CANAMEX has been operating at 25% of its installed capacity. </FONT>
</P>
<P>
<FONT size=2 face="Arial, Helvetica, sans-serif">The acquisition is designed to establish a more active presence in the Mexican market of specialty chemicals and to create a production and distribution platform to the United States, besides representing the first
stage in Oxiteno&#146;s globalization process.</FONT>
</P>
<P>
<FONT size=2 face="Arial, Helvetica, sans-serif">The agreement, which foresees the acquisition of 100% of the assets of the chemical division of the Berci Group (CANAMEX) in a single cash payment of US$ 11.0 million with no assumption of any remaining debt, should be
concluded through the signing of a stock purchase and sale contract. The agreement is still subject to completion of negotiations on a satisfactory basis, a process which is expected to be finalized within two months.</FONT>
</P>
<P>
<FONT size=2 face="Arial, Helvetica, sans-serif">In addition to existing synergies, Ultrapar&#146;s decision to invest was based on the growth potential stemming from the integration of its operations with those of CANAMEX. We expect our own range of technologies,
products and uses to boost the future growth of CANAMEX&#146;s chemical operations. </FONT>
</P>
<br>
<br>
<hr size=3 color=GRAY noshade>
<!-- *************************************************************************** -->
<!-- MARKER PAGE="sheet: 1; page: 1" -->
<br>
<br>
<P> <font size="2" face="Arial, Helvetica, sans-serif"><B>About Ultrapar<br>
  </B></font><FONT size=2 face="Arial, Helvetica, sans-serif">Incorporated
  on December 20, 1953, Ultrapar manages three businesses: Ultragaz,
  a distributor of Liquefied Petroleum Gas (LPG), Oxiteno, a chemical
  and petrochemical company, and Ultracargo, a company involved with
  the transport and storage of chemical and petrochemical products
  and LPG. Our origins go back to 1937 when Ernesto Igel founded Companhia
  Ultragaz S.A and introduced LPG as a source of domestic cooking gas
  in Brazil. Today, we deliver LPG to an estimated 7.5 million households
  using our own fleet of trucks and approximately 3,000 independent
  retailers. Oxiteno has four industrial plants located in each one
  of the Brazilian petrochemical complexes and is one of the largest
  chemical companies in Brazil with broad-based activities in both
  the domestic and international markets. Oxiteno&#146;s basic operations
  are in second generation petrochemicals and extend downstream to
  more than 30 market segments, notably agricultural chemicals, foodstuffs,
  cosmetics, leather, detergents, packages, polyester thread and filaments,
  brake fluids, oil and paints and varnishes. Ultracargo is the only
  company in the market to provide integrated bulk liquid transport
  and storage services to the petrochemical segment. The company operates
  in the fields of projects for, and the operation and management of,
  logistical solutions for products and operations that require special
  care as well as dockside handling, pipeline operations, logistics
  programming and installation engineering.</FONT> </P>

<p><font size="2" face="Arial, Helvetica, sans-serif"><strong>Financial
  Highlights</strong><br>
  <font size="1"><em>Data for 2002</em></font></font></p>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td bgcolor="#FFFFFF">&nbsp;</td>
    <td colspan="2" valign="middle" bgcolor="#FFFFFF"><font size="2" face="Arial, Helvetica, sans-serif"><strong>Income
      Statement (US$ MM)</strong></font></td>
    <td valign="middle" bgcolor="#FFFFFF"><font size="2" face="Arial, Helvetica, sans-serif">&nbsp;</font></td>
    <td colspan="2" valign="middle" bgcolor="#FFFFFF"><strong><font size="2" face="Arial, Helvetica, sans-serif">Balance
      Sheet (US$ MM)</font></strong></td>
    <td bgcolor="#FFFFFF">&nbsp;</td>
    <td bgcolor="#FFFFFF">&nbsp;</td>
    <td bgcolor="#FFFFFF">&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td bgcolor="#FFFFFF">&nbsp;</td>
    <td bgcolor="#FFFFFF">&nbsp;</td>
    <td bgcolor="#FFFFFF">&nbsp;</td>
    <td bgcolor="#FFFFFF">&nbsp;</td>
    <td bgcolor="#FFFFFF">&nbsp;</td>
    <td bgcolor="#FFFFFF">&nbsp;</td>
    <td bgcolor="#FFFFFF">&nbsp;</td>
    <td bgcolor="#FFFFFF">&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="6%">&nbsp;</td>
    <td bgcolor="#000066"><font size="2" face="Arial, Helvetica, sans-serif">&nbsp;</font><font size="2" face="Arial, Helvetica, sans-serif">&nbsp;</font></td>
    <td bgcolor="#000066">&nbsp;</td>
    <td width="5%">&nbsp;</td>
    <td width="15%" bgcolor="#000066"><strong><font color="#FFFFFF" size="2" face="Arial, Helvetica, sans-serif">Assets</font></strong></td>
    <td width="10%" bgcolor="#000066"><font size="2" face="Arial, Helvetica, sans-serif">&nbsp;</font></td>
    <td width="3%" bgcolor="#000066">&nbsp;</td>
    <td width="20%" bgcolor="#000066"><strong><font color="#FFFFFF" size="2" face="Arial, Helvetica, sans-serif">Liabilities</font></strong></td>
    <td width="10%" bgcolor="#000066"><font size="2" face="Arial, Helvetica, sans-serif">&nbsp;</font></td>
    <td width="6%">&nbsp;</td>
  </tr>
  <tr>
    <td width="6%">&nbsp;</td>
    <td width="15%" valign="middle"><font size="2" face="Arial, Helvetica, sans-serif">Net
      Revenues</font></td>
    <td width="10%" align="right" valign="middle"><strong><font size="2" face="Arial, Helvetica, sans-serif">1,025.1</font></strong></td>
    <td width="5%" valign="middle">&nbsp;</td>
    <td width="15%" valign="middle"><font size="2" face="Arial, Helvetica, sans-serif">&nbsp;</font></td>
    <td width="10%" valign="middle"><font size="2" face="Arial, Helvetica, sans-serif">&nbsp;</font></td>
    <td width="3%" valign="middle">&nbsp;</td>
    <td width="20%" valign="middle"><font size="2" face="Arial, Helvetica, sans-serif">&nbsp;</font></td>
    <td width="10%" valign="middle"><font size="2" face="Arial, Helvetica, sans-serif">&nbsp;</font></td>
    <td width="6%">&nbsp;</td>
  </tr>
  <tr>
    <td width="6%">&nbsp;</td>
    <td width="15%" valign="middle"><font size="2" face="Arial, Helvetica, sans-serif">&nbsp;</font></td>
    <td width="10%" valign="middle">&nbsp;</td>
    <td width="5%" valign="middle">&nbsp;</td>
    <td width="15%" valign="middle"><font size="2" face="Arial, Helvetica, sans-serif">Current
      Assets</font></td>
    <td width="10%" align="right" valign="middle"><strong><font size="2" face="Arial, Helvetica, sans-serif">335.9</font></strong></td>
    <td width="3%" valign="middle">&nbsp;</td>
    <td width="20%" valign="middle"><font size="2" face="Arial, Helvetica, sans-serif">Liabilities</font></td>
    <td width="10%" align="right" valign="middle"><strong><font size="2" face="Arial, Helvetica, sans-serif">100.0</font></strong></td>
    <td width="6%">&nbsp;</td>
  </tr>
  <tr>
    <td width="6%">&nbsp;</td>
    <td width="15%" valign="middle"><font size="2" face="Arial, Helvetica, sans-serif">Gross
      Profit</font></td>
    <td width="10%" align="right" valign="middle"><strong><font size="2" face="Arial, Helvetica, sans-serif">255.8</font></strong></td>
    <td width="5%" valign="middle">&nbsp;</td>
    <td width="15%" valign="middle">&nbsp;</td>
    <td width="10%" align="right" valign="middle">&nbsp;</td>
    <td width="3%" valign="middle">&nbsp;</td>
    <td width="20%" valign="middle"><font size="2" face="Arial, Helvetica, sans-serif">&nbsp;</font></td>
    <td width="10%" align="right" valign="middle">&nbsp;</td>
    <td width="6%">&nbsp;</td>
  </tr>
  <tr>
    <td width="6%">&nbsp;</td>
    <td width="15%" valign="middle"><font size="2" face="Arial, Helvetica, sans-serif">&nbsp;</font></td>
    <td width="10%" align="right" valign="middle">&nbsp;</td>
    <td width="5%" valign="middle">&nbsp;</td>
    <td width="15%" valign="middle"><font size="2" face="Arial, Helvetica, sans-serif">Long
      Term Assets</font></td>
    <td width="10%" align="right" valign="middle"><strong><font size="2" face="Arial, Helvetica, sans-serif">13.4</font></strong></td>
    <td width="3%" valign="middle">&nbsp;</td>
    <td width="20%" valign="middle"><font size="2" face="Arial, Helvetica, sans-serif">Debt</font></td>
    <td width="10%" align="right" valign="middle"><strong><font size="2" face="Arial, Helvetica, sans-serif">165.1</font></strong></td>
    <td width="6%">&nbsp;</td>
  </tr>
  <tr>
    <td width="6%">&nbsp;</td>
    <td width="15%" valign="middle"><font size="2" face="Arial, Helvetica, sans-serif">Operating
      Income</font></td>
    <td width="10%" align="right" valign="middle"><strong><font size="2" face="Arial, Helvetica, sans-serif">125.2</font></strong></td>
    <td width="5%" valign="middle">&nbsp;</td>
    <td width="15%" valign="middle"><font size="2" face="Arial, Helvetica, sans-serif">&nbsp;</font></td>
    <td width="10%" align="right" valign="middle">&nbsp;</td>
    <td width="3%" valign="middle">&nbsp;</td>
    <td width="20%" valign="middle">&nbsp;</td>
    <td width="10%" align="right" valign="middle">&nbsp;</td>
    <td width="6%">&nbsp;</td>
  </tr>
  <tr>
    <td width="6%">&nbsp;</td>
    <td width="15%" valign="middle"><font size="2" face="Arial, Helvetica, sans-serif">&nbsp;</font></td>
    <td width="10%" align="right" valign="middle">&nbsp;</td>
    <td width="5%" valign="middle">&nbsp;</td>
    <td width="15%" valign="middle"><font size="2" face="Arial, Helvetica, sans-serif">Permanent</font></td>
    <td width="10%" align="right" valign="middle"><strong><font size="2" face="Arial, Helvetica, sans-serif">252.9</font></strong></td>
    <td width="3%" valign="middle">&nbsp;</td>
    <td valign="middle"><font size="2" face="Arial, Helvetica, sans-serif">Shareholders'
      Equity</font></td>
    <td align="right" valign="middle"><strong><font size="2" face="Arial, Helvetica, sans-serif">337.1</font></strong></td>
    <td width="6%">&nbsp;</td>
  </tr>
  <tr>
    <td width="6%">&nbsp;</td>
    <td width="15%"><font size="2" face="Arial, Helvetica, sans-serif">Net
      Income</font></td>
    <td width="10%" align="right"><strong><font size="2" face="Arial, Helvetica, sans-serif">76.1</font></strong></td>
    <td width="5%">&nbsp;</td>
    <td width="15%"><font size="2" face="Arial, Helvetica, sans-serif">&nbsp;</font></td>
    <td width="10%" align="right">&nbsp;</td>
    <td width="3%">&nbsp;</td>
    <td width="20%"><font size="2" face="Arial, Helvetica, sans-serif">&nbsp;</font></td>
    <td width="10%"><font size="2" face="Arial, Helvetica, sans-serif">&nbsp;</font></td>
    <td width="6%">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td align="right">&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td align="right">&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td align="right">&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr valign="middle">
    <td width="6%">&nbsp;</td>
    <td width="15%" bgcolor="#000066"><strong><font color="#FFFFFF" size="2" face="Arial, Helvetica, sans-serif">EBITDA</font></strong></td>
    <td width="10%" align="right" bgcolor="#000066"><strong><font color="#FFFFFF" size="2" face="Arial, Helvetica, sans-serif">166.8</font></strong></td>
    <td width="5%">&nbsp;</td>
    <td width="15%" bgcolor="#000066"><strong><font color="#FFFFFF" size="2" face="Arial, Helvetica, sans-serif">Total
      Assets</font></strong></td>
    <td width="10%" align="right" bgcolor="#000066"><strong><font color="#FFFFFF" size="2" face="Arial, Helvetica, sans-serif">602.2</font></strong></td>
    <td width="3%">&nbsp;</td>
    <td width="20%" bgcolor="#000066"><strong><font color="#FFFFFF" size="2" face="Arial, Helvetica, sans-serif">Total
      Liabilities</font></strong></td>
    <td width="10%" align="right" bgcolor="#000066"><strong><font color="#FFFFFF" size="2" face="Arial, Helvetica, sans-serif">602.2</font></strong></td>
    <td width="6%">&nbsp;</td>
  </tr>
</table>
<p align="center"><font size="2" face="Arial, Helvetica, sans-serif">ULTRAPAR
  PARTICIPA&Ccedil;&Otilde;ES S.A.<br>
  <br>
  Fabio Schvartsman<br>
  CFO and Investor Relations Director</font></p>
  <hr align="center" width=100% size=3 noshade color="#000000">
<p><font size="2" face="Arial, Helvetica, sans-serif">For more information,
  please contact:<br>
  <strong>Ultrapar Participa&ccedil;&otilde;es S.A.<br>
  Investor Relations Department</strong><br>
  Phone: 55 11 3177-6695<br>
  E-mail: <u><font color="#0000CC">Invest@ultra.com.br</font></u></font></p>
<P align=center>
<font size="2" face="Arial, Helvetica, sans-serif"><IMG src="jul1803_6kx5x1.jpg" border=0>
</font></P>
<P>
<FONT size=2 face="Arial, Helvetica, sans-serif"><hr align="left" width=100% size=1 noshade color="#000000">

This document may contain forecasts as to future events. Such forecasts reflect merely expectations on the part of the Company&#146;s management. Words such as &#147;believe&#148;, &#147;expect&#148;, &#147;plan&#148;,
&#147;strategy&#148;, &#147;prospect&#148;, &#147;forecast&#148;, &#147;estimate&#148;, &#147;project&#148;, &#147;anticipate&#148;, &#147;can&#148; and other words with a similar meaning, are to be understood as preliminary declarations as to
future expectations and projections. Such declarations are subject to risks and uncertainties forecasted or otherwise by the Company and may make the effective results significantly different from those that have been projected. For this reason, the
reader should not base his/her decisions solely on these estimates. </FONT>
<p></P>
<br>
<br>
<hr size=3 color=GRAY noshade>
<!-- *************************************************************************** -->
<!-- MARKER PAGE="sheet: 1; page: 1" -->
<br>
<br>
<P align="center"> <B><FONT size="3" face="serif">SIGNATURES </FONT></B>
</P>
<P> <FONT size="3" face="serif">Pursuant to the requirements of the
  Securities Exchange Act of 1934, the registrant has duly caused this
  report to be signed on its behalf by the undersigned, thereunto duly
  authorized. </FONT> </P>
<TABLE width="45%" border=0 cellspacing=0 cellpadding=0>
  <TR>
    <TD colspan=3 width="101%"><font size="3" face="serif"><B>ULTRAPAR
      HOLDINGS INC.</B></font></TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD><FONT size="3" face="serif">By:</FONT></TD>
    <TD colspan=2 align="left"><FONT size="3" face="serif">/s/ Fabio
      Schvartsman</FONT></TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD colspan=2><HR align="left" width="85%" size=1 noshade></TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD width="19%"><FONT size="3" face="serif">Name:</FONT></TD>
    <TD width="72%"><FONT size="3" face="serif">Fabio Schvartsman</FONT></TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD width="19%"><FONT size="3" face="serif">Title:</FONT></TD>
    <TD width="72%"><FONT size="3" face="serif">Chief Financial Officer</FONT></TD>
  </TR>
</TABLE>
<P>
<FONT face="serif">Date: July 18, 2003 </FONT>
</P>
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end

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
