UGI CORP /PA/ — Director's Dealing 2010

May 10, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UGI CORP /PA/ (UGI)
CIK: 0000884614
Period of Report: 2010-05-10

Reporting Person: Walsh John L (President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-05-10	UGI Common Stock	M	65000	$20.48	Acquired	170249	Direct
2010-05-10	UGI Common Stock	S	60000	$27.0704	Disposed	110249	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-05-10	UGI Common Stock	$20.48	M	65000	Disposed	2015-12-31	UGI Common Stock (65000)	Direct

Footnotes

F1: The shares of stock with respect to this transaction were sold at prices ranging from $26.93 to $27.24. Upon request, UGI Corporation will provide to the Securities and Exchange Commission staff or a security holder of UGI Corporation, full information regarding the number of shares sold at each separate price.