UNIVERSAL CORP /VA/ — Director's Dealing 2008

May 29, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNIVERSAL CORP /VA/ (UVV)
CIK: 0000102037
Period of Report: 2008-05-28

Reporting Person: SHEEHAN JEREMIAH J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-05-28	Common Stock	M	1000	$51.32	Acquired	7250	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-05-28	Options to buy common stock	$37.125	M	1000	Disposed	2008-10-28	Common Stock (1000)	Direct

Footnotes

F1: Options issued under Universal Corporation's 2002 Executive Stock Plan for non-employee directors.