TankTerminals.com published on March 30, 2010 a message it had obtained from the Dutch business newspaper “Het Financieele Dagblad” that Vopak would have acquired the terminal referred to above from the Puma Group in Brazil. This was incorrect.

Below we publish the full text of a press release by Ultrapar Participações S.A., São Paulo which was published on 22 December 2009.

Ultrapar Participações S.A. hereby announces that, through Ultracargo, it has acquired from Puma Storage doBrasil Ltda. a storage terminal for liquid bulk with a capacity of 83 thousand cubic meters located at the port of Suape, in the state of Pernambuco. Today, the ownership of the assets was effectively transferred and the price of R$ 44 million paid for the acquisition.
The acquired terminal is located in an area leased by Ultracargo and adjacent to its existing terminal in the port of Suape, thus allowing the immediate integration of the operations. Privileged by a strategic geographical position, the port of Suape is the most complete port complex in the Northeast region of Brazil.
The capacity of the acquired terminal will be added to Ultracargo’s current capacity of 540 thousand cubic meters, representing a 15% increase in the total liquid bulk storage capacity of the company.
This acquisition strengthens Ultracargo’s position in the region of the port of Suape, enhances its operational scale and represents one more step in Ultracargo’s strategy of strengthening its position as an important provider of storage for liquid bulk in South America.

André Covre
Chief Financial and Investor Relations Office
Ultrapar Participações S.A.