-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 4qDnN9EsYXp5z6+9dOTSUQ==

<SEC-DOCUMENT>0001073416-03-000106.txt : 20031219
<SEC-HEADER>0001073416-03-000106.hdr.sgml : 20031219
<ACCEPTANCE-DATETIME>20031219084022
ACCESSION NUMBER:		0001073416-03-000106
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031217
FILED AS OF DATE:		20031219

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			UNIVERSAL CORP /VA/
		CENTRAL INDEX KEY:			0000102037
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-FARM PRODUCT RAW MATERIALS [5150]
		IRS NUMBER:				540414210
		STATE OF INCORPORATION:			VA
		FISCAL YEAR END:			0630

	BUSINESS ADDRESS:	
		STREET 1:		1501 NORTH HAMILTON STREET
		STREET 2:		PO BOX 25099
		CITY:			RICHMOND
		STATE:			VA
		ZIP:			23230
		BUSINESS PHONE:		8043599311

	MAIL ADDRESS:	
		STREET 1:		PO BOX 25099
		CITY:			RICHMOND
		STATE:			VA
		ZIP:			23260

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	UNIVERSAL LEAF TOBACCO CO INC
		DATE OF NAME CHANGE:	19880314

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			TAYLOR WILLIAM L
		CENTRAL INDEX KEY:			0001073317

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-00652
		FILM NUMBER:		031063631

	BUSINESS ADDRESS:	
		STREET 1:		1501 N HAMILTON STREET
		CITY:			RICHMOND
		STATE:			VA
		ZIP:			23230
		BUSINESS PHONE:		8043599311

	MAIL ADDRESS:	
		STREET 1:		1501 N HAMILTON STREET
		CITY:			RICHMOND
		STATE:			VA
		ZIP:			23230
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>f4wt121703_ex.xml
<TEXT>
<XML>
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<!-- - EDGAR Ease Plus 1.0                                   07/25/03  TT    -->
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   <periodOfReport>2003-12-17</periodOfReport>
   <notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
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        <issuerName>UNIVERSAL CORP /VA/</issuerName>
        <issuerTradingSymbol>UVV</issuerTradingSymbol>
   </issuer>
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        <reportingOwnerId>
            <rptOwnerCik>0001073317</rptOwnerCik>
            <rptOwnerName>TAYLOR WILLIAM L</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1501 N HAMILTON STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>RICHMOND</rptOwnerCity>
            <rptOwnerState>VA</rptOwnerState>
            <rptOwnerZipCode>23230</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
         <isDirector>0</isDirector>
         <isOfficer>1</isOfficer>
         <isTenPercentOwner>0</isTenPercentOwner>
         <isOther>0</isOther>
         <officerTitle>Vice President &amp; CAO</officerTitle>
      </reportingOwnerRelationship>
   </reportingOwner>
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   <nonDerivativeHolding>
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   <nonDerivativeTransaction>
      <securityTitle>
         <value>Common Stock</value>
      </securityTitle>
      <transactionDate>
         <value>2003-12-17</value>
      </transactionDate>
      <deemedExecutionDate>
         <value>2003-12-17</value>
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      <transactionAmounts>
         <transactionShares>
           <value>55252</value>
         </transactionShares>
         <transactionPricePerShare>
           <value>43.08</value>
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         <transactionAcquiredDisposedCode>
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   <nonDerivativeTransaction>
      <securityTitle>
         <value>Common Stock</value>
      </securityTitle>
      <transactionDate>
         <value>2003-12-17</value>
      </transactionDate>
      <deemedExecutionDate>
         <value>2003-12-17</value>
      </deemedExecutionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
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      <transactionAmounts>
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 </nonDerivativeTable>
 <derivativeTable>
   <derivativeTransaction>
      <securityTitle>
         <value>Options to Buy Common Stock</value>
      </securityTitle>
      <conversionOrExercisePrice>
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      </conversionOrExercisePrice>
      <transactionDate>
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      <exerciseDate>
         <value>2003-06-05</value>
      </exerciseDate>
      <expirationDate>
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      </expirationDate>
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           <value>2342</value>
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           <value>D</value>
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           <value>25145</value>
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   </derivativeTransaction>
   <derivativeTransaction>
      <securityTitle>
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      <conversionOrExercisePrice>
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         <value>2003-12-17</value>
      </transactionDate>
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         <transactionFormType>4</transactionFormType>
         <transactionCode>A</transactionCode>
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         <transactionShares>
           <value>55252</value>
         </transactionShares>
         <transactionPricePerShare>
           <value>43.08</value>
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         <transactionAcquiredDisposedCode>
           <value>A</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <exerciseDate>
         <value>2004-06-17</value>
      </exerciseDate>
      <expirationDate>
         <value>2009-12-02</value>
      </expirationDate>
      <underlyingSecurity>
         <underlyingSecurityTitle>
           <value>Common Stock</value>
            <footnoteId id="F2"/>
         </underlyingSecurityTitle>
         <underlyingSecurityShares>
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         </underlyingSecurityShares>
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           <value>55252</value>
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         <directOrIndirectOwnership>
           <value>D</value>
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   </derivativeTransaction>
 </derivativeTable>
   <footnotes>
      <footnote id="F1"> Shares held in the Employee Stock Purchase Plan</footnote>

      <footnote id="F2"> Options issued under the Executive Stock Plan</footnote>
   </footnotes>
   <ownerSignature>
      <signatureName>Terri L. Marks, Power of Attorney for William L. Taylor</signatureName>
      <signatureDate>2003-12-19</signatureDate>
   </ownerSignature>
</ownershipDocument>

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