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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0001193125-05-003811.txt : 20050110
<SEC-HEADER>0001193125-05-003811.hdr.sgml : 20050110
<ACCEPTANCE-DATETIME>20050110151553
ACCESSION NUMBER:		0001193125-05-003811
CONFORMED SUBMISSION TYPE:	SC 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20050110
DATE AS OF CHANGE:		20050110

SUBJECT COMPANY:	

	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:		SC 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-79665
		FILM NUMBER:		05520812

	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

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DODGE & COX
		CENTRAL INDEX KEY:			0000200217
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				94144197
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		ONE SANSOME ST
		STREET 2:		35TH FLOOR
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94104
		BUSINESS PHONE:		4159811710

	MAIL ADDRESS:	
		STREET 1:		ONE SANSOME ST
		STREET 2:		35TH FLOOR
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94104
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<FILENAME>dsc13ga.txt
<DESCRIPTION>SCHEDULE 13G, AMENDMENT NO. 2
<TEXT>
<PAGE>

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                 SCHEDULE 13G/A

                    UNDER THE SECURITIES EXCHANGE ACT OF 1934
                             (AMENDMENT NO. __2__)*

                           Ultrapar Participacoes S.A.
- --------------------------------------------------------------------------------
                                (Name of Issuer)

      American Depositary Shares, each representing 1,000 Preferred Shares
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                    90400P101
                   -------------------------------------------
                                 (CUSIP Number)

                                December 31, 2004
         --------------------------------------------------------------
             (Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

[x]  Rule 13d-1(b)
[ ]  Rule 13d-1(c)
[ ]  Rule 13d-1(d)

*    The remainder of this cover page shall be filled out for a reporting
     person's initial filing on this form with respect to the subject class of
     securities, and for any subsequent amendment containing information which
     would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).

<PAGE>

- ------------------------                                  ----------------------
  CUSIP NO.90400P101                      13G                PAGE 2 OF 4 PAGES
- ------------------------                                  ----------------------

- --------------------------------------------------------------------------------
 1     NAME OF REPORTING PERSON
       S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

       Dodge & Cox                          94-1441976

- --------------------------------------------------------------------------------
 2     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*        (a) [ ]
                                                                (b) [ ]

       N/A

- --------------------------------------------------------------------------------
 3     SEC USE ONLY


- --------------------------------------------------------------------------------
 4     CITIZENSHIP OR PLACE OF ORGANIZATION

       California - U.S.A.

- --------------------------------------------------------------------------------
                     5     SOLE VOTING POWER

     NUMBER OF             2,005,900

      SHARES       -----------------------------------------------------------
                     6     SHARED VOTING POWER
   BENEFICIALLY
                           0
     OWNED BY
                   -----------------------------------------------------------
       EACH          7     SOLE DISPOSITIVE POWER

    REPORTING              2,005,900

      PERSON       -----------------------------------------------------------
                     8     SHARED DISPOSITIVE POWER
       WITH
                           0

- --------------------------------------------------------------------------------
 9     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

       2,005,900

- --------------------------------------------------------------------------------
10     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

       N/A

- --------------------------------------------------------------------------------
11     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

       10.9%

- --------------------------------------------------------------------------------
12     TYPE OF REPORTING PERSON*

       IA

- --------------------------------------------------------------------------------

                                PAGE 2 OF 4 PAGES

<PAGE>

          Item 1(a) Name of Issuer:
                    --------------------------
                    Ultrapar Participacoes S.A.

          Item 1(b) Address of Issuer's Principal Executive Offices:
                    -----------------------------------------------
                    B. Luiz Antonio, 1343 9o Andar
                    Bela Vista
                    Sao Paulo, SP 01317-910
                    Brazil

          Item 2(a) Name of Person Filing:
                    ---------------------
                    Dodge & Cox

          Item 2(b) Address of the Principal Office or, if none, Residence:
                    -------------------------------------------------------
                    555 California Street, 40th FL
                    San Francisco, CA  94104

          Item 2(c) Citizenship:
                    -----------
                    California - U.S.A.

          Item 2(d) Title of Class of Securities:
                    ----------------------------
                    American Depositary Shares, each representing 1,000
                    Preferred Shares

          Item 2(e) CUSIP Number:
                    ------------
                    90400P101

          Item 3    If the Statement is being filed pursuant to Rule 13d-1(b),
                    ----------------------------------------------------------
                    or 13d-2(b), check whether the person filing is a:
                    -------------------------------------------------
                    (e) [X]  An investment advisor in accordance with section
                             240.13d-1(b)(1)(ii)(E)

          Item 4    Ownership:
                    ---------
                    (a)  Amount Beneficially Owned:
                         -------------------------
                         2,005,900

                    (b)  Percent of Class:
                         ----------------
                         10.9%

                                PAGE 3 OF 4 PAGES

<PAGE>

                    (c)  Number of shares as to which such person has:
                         ---------------------------------------------
                    (i)  sole power to vote or direct the vote:
                         2,005,900

                   (ii)  shared power to vote or direct the vote:
                         0

                  (iii)  sole power to dispose or to direct the
                         disposition of: 2,005,900

                   (iv)  shared power to dispose or to direct the
                         disposition of: 0

          Item 5    Ownership of Five Percent or Less of a Class:
                    --------------------------------------------
                    Not applicable.

          Item 6    Ownership of More than Five Percent on Behalf of Another
                    --------------------------------------------------------
                    Person:
                    ------
                    Securities reported on this Schedule 13G are beneficially
                    owned by clients of Dodge & Cox, which clients may include
                    investment companies registered under the Investment Company
                    Act and/or employee benefit plans, pension funds, endowment
                    funds or other institutional clients.

          Item 7    Identification and Classification of the Subsidiary Which
                    ---------------------------------------------------------
                    Acquired the Security Being Reported on By the Parent
                    -----------------------------------------------------
                    Holding Company:
                    ---------------
                    Not applicable.

          Item 8    Identification and Classification of Members of the Group:
                    ---------------------------------------------------------
                    Not applicable.

          Item 9    Notice of Dissolution of a Group:
                    --------------------------------
                    Not applicable.

          Item 10   Certification:
                    -------------
                    By signing below I certify that, to the best of my knowledge
                    and belief, the securities referred to above were acquired
                    in the ordinary course of business and were not acquired for
                    the purpose of and do not have the effect of changing or
                    influencing the control of the issuer of such securities and
                    were not acquired in connection with or as a participant in
                    any transaction having such purpose or effect.

                                    SIGNATURE

          After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

Dated: January 10, 2005
       -----------------
                                      DODGE & COX

                                      By: /s/ John M. Loll
                                          --------------------------------------
                                      Name:  John M. Loll
                                      Title: Vice President

                                PAGE 4 OF 4 PAGES

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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