UNIVERSAL CORP /VA/ — Director's Dealing 2008

May 5, 2008

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: UNIVERSAL CORP /VA/ (UVV)
CIK: 0000102037
Period of Report: 2008-03-31

Reporting Person: Wigner Preston Douglas (General Counsel)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5683	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Rights	$36.03	2016-06-13	Common Stock (5334)	5334	Direct
Stock Appreciation Rights	$62.66	2017-05-24	Common Stock (9600)	9600	Direct

Footnotes

F1: includes 4400 restricted stock units and 193 dividend units accumulated on the restricted stock units. The restricted stock
units and the dividend units vest of the fifth anniversary of the award date, however payment will be delayed until
termination of service if individual is a covered employee under Section 162(m) on the vesting date.

F2: after a 12 month period of the grant date, 1/3 of total shares is exercisable and an additional 1/3 for each anniversary date
after that for 3 such periods.