UPS 2008 Annual Report Download - page 28

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Shareowner Return Performance Graph
The following Performance Graph and related information shall not be deemed “soliciting material” or to
be “filed” with the Securities and Exchange Commission, nor shall such information be incorporated by
reference into any future filing under the Securities Act of 1933 or Securities Exchange Act of 1934, each as
amended, except to the extent that the Company specifically incorporates such information by reference into such
filing.
The following graph shows a five-year comparison of cumulative total shareowners’ returns for our class B
common stock, the S&P 500 Index, and the Dow Jones Transportation Average. The comparison of the total
cumulative return on investment, which is the change in the quarterly stock price plus reinvested dividends for
each of the quarterly periods, assumes that $100 was invested on December 31, 2003 in the S&P 500 Index, the
Dow Jones Transportation Average, and the class B common stock of United Parcel Service, Inc.
Comparison of Five Year Cumulative Total Return
$40.00
$60.00
$80.00
$100.00
$120.00
$140.00
$160.00
$180.00
$200.00
$220.00
2003 20082007200620052004
S&P 500 UPS DJ Transport
12/31/03 12/31/04 12/31/05 12/31/06 12/31/07 12/31/08
United Parcel Service, Inc. .................. $100.00 $116.40 $104.17 $106.00 $102.29 $ 82.04
S&P 500 Index ........................... $100.00 $110.88 $116.32 $134.69 $142.09 $ 89.52
Dow Jones Transportation Average ........... $100.00 $127.73 $142.60 $156.60 $158.84 $124.81
17