ULTRAPAR PARTICIPACOES SA

Ticker: UGP CUSIP: 90400P101 Class: ADR

DELTEC ASSET MANAGEMENT LLC's Holding History (CIK: 0001269950)

Note: Option positions (PUT/CALL) are excluded.

Q4 2014
Shares 104,200 Value ($000) $1,987 Avg Close — Range —
Q3 2014
Shares 107,900 Value ($000) $2,279 Avg Close — Range —
Q2 2014
Shares 107,900 Value ($000) $2,546 Avg Close — Range —
Q1 2014
Shares 124,400 Value ($000) $2,997 Avg Close — Range —
Q4 2013
Shares 162,200 Value ($000) $3,836 Avg Close — Range —
Q3 2013
Shares 201,300 Value ($000) $4,950 Avg Close — Range —
Q2 2013
Shares 180,800 Value ($000) $4,328 Avg Close — Range —