UGI CORP /PA/ — Director's Dealing 2010

May 4, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UGI CORP /PA/ (UGI)
CIK: 0000884614
Period of Report: 2010-05-03

Reporting Person: Varagne Francois (Chairman of Subsidiary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-05-03	UGI Common Stock	M	70000	$15.65	Acquired	94488	Direct
2010-05-03	UGI Common Stock	S	70000	$27.06	Disposed	24488	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-05-03	Option (right to buy)	$15.65	M	70000	Disposed	2013-12-08	UGI Common Stock (70000)	Direct