SAO PAULO, Aug. 12 /PRNewswire-FirstCall/ -- Ultrapar Participacoes S.A. (NYSE: UGP / BMF&BOVESPA: UGPA4), a company engaged in fuel distribution (Ultragaz / Ipiranga), chemicals (Oxiteno) and logistics for liquid bulk (Ultracargo), hereby reports its results for the second quarter 2009.

In this second quarter we initiated the process of integrating Texaco into Ultrapar, starting to consolidate its results and to implement Ipiranga's business model in the acquired network at a fast pace. We report growth in revenues and EBITDA for all our businesses compared with the second quarter 2008, despite the continuing challenging economic environment.

-- ULTRAPAR'S REVENUES REACH R$ 9,622 MILLION, GROWING IN ALL BUSINESS UNITS COMPARED WITH 2Q08

-- ULTRAPAR'S EBITDA REACHES R$ 321 MILLION, 28% HIGHER THAN THAT IN 2Q08, GROWING IN ALL BUSINESS UNITS

-- FAST-PACED TEXACO INTEGRATION PROCESS - 651 TEXACO SERVICE STATIONS CONVERTED TO THE IPIRANGA BRAND UNTIL JUNE 30TH, 2009; INFORMATION SYSTEMS INTEGRATED

-- DIVIDEND DISTRIBUTION OF R$ 119 MILLION FOR THE 1H09 APPROVED, CORRESPONDING TO 65% OF THE CONSOLIDATED NET EARNINGS FOR THE PERIOD

"This quarter we have once more advanced in our growth plan. We have started to integrate Texaco's operations, focusing on capturing the benefits from the increased operational scale and nationwide coverage. Additionally, we are pleased to report, for the third straight quarter since the beginning of the global financial crisis, a strong growth in operational results, thus confirming once again our expectations of a positive year for Ultrapar, even in a less dynamic economic environment."

    Pedro Wongtschowski - CEO

    Results Conference Call

    Brazilian Conference Call
    August 14th, 2009
    10:00 a.m. (US EDT)
    Telephone for connection: +55 11 2101 4848
    Code: Ultrapar

    International Conference Call
    August 14th, 2009
    11:30 a.m. (US EDT)
    Participants Brazil: 0800 891 9722
    Participants U.S.: +1 800 418 6854
    Participants International: +1 973 200 3114
    Code: Ultrapar

SOURCE Ultrapar Participacoes S.A.