24 April 2002

FOR IMMEDIATE RELEASE

NATIONAL MEDIATION BOARD

Contact: NMB Public Information Line -- (202) 692-5050

Re: United Parcel Service Co. (UPS) and Teamsters Local 2727

United Parcel Service Co. (UPS) and Teamsters Local 2727 (Union) met in negotiations on April 23 and 24, 2002, under the supervision of the National Mediation Board (NMB). After joint sessions between the Parties and private sessions with the mediators, the NMB recessed negotiations without setting future dates. Both Parties are reminded of their obligation to maintain the status quo during this period.

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