SECURITIES AND EXCHANCE COMMISSION

                             Washington, D.C. 20549
                                  ------------

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the

                         Securities Exchange Act of 1934
                                  ------------

       Date of Report (Date of earliest event reported): February 19, 2002
                                 --------------


                              UNIVERSAL CORPORATION

          Virginia                      1-652                  54-0414210
(State or other jurisdiction   (Commission File Number)     (I.R.S. Employer
     of organization)                                     Identification Number)

                           1501 North Hamilton Street
                               Richmond, Virginia
                                 (804) 359-9311



<PAGE>
Item 7.  Financial Statements, Pro Forma Financial Statements and Exhibits


                                EXPLANATORY NOTE

         On  September  6, 2000,  Universal  Corporation  commenced a continuous
medium  term note  offering  under a  prospectus  dated  August  28,  2000 and a
prospectus  supplement  dated September 6, 2000. This Current Report on Form 8-K
is filed for the purpose of filing the Fixed Rate Note that was issued  February
19, 2002 pursuant to a Pricing  Supplement  dated  February 13, 2002  previously
filed in connection with that medium term note program.

The following exhibits are filed herewith.

     Exhibit Number       Description

          4               $8,500,000 6.31% Fixed Rate Note due February 15, 2007




<PAGE>
                                    SIGNATURE

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  registrant  has duly  caused  this report to be signed on its behalf by the
undersigned, hereunto duly authorized.

                                        UNIVERSAL CORPORATION


                                  By:     /s/ GEORGE C. FREEMAN, III
                                        --------------------------------
                                        George C. Freeman, III
                                        General Counsel & Secretary



Date:  February 19, 2002
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{"company-data": {"conformed-name": "UNIVERSAL CORP /VA/", "cik": "0000102037", "assigned-sic": "5150", "irs-number": "540414210", "state-of-incorporation": "VA", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-00652", "film-number": "02554358"}, "business-address": {"street1": "1501 NORTH HAMILTON STREET", "street2": "PO BOX 25099", "city": "RICHMOND", "state": "VA", "zip": "23230", "phone": "8043599311"}, "mail-address": {"street1": "PO BOX 25099", "city": "RICHMOND", "state": "VA", "zip": "23260"}, "former-company": {"former-conformed-name": "UNIVERSAL LEAF TOBACCO CO INC", "date-changed": "19880314"}}
SECURITIES AND EXCHANCE COMMISSION

                             Washington, D.C. 20549
                                  ------------

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the

                         Securities Exchange Act of 1934
                                  ------------

       Date of Report (Date of earliest event reported): February 19, 2002
                                 --------------

                              UNIVERSAL CORPORATION

          Virginia                      1-652                  54-0414210
(State or other jurisdiction   (Commission File Number)     (I.R.S. Employer
     of organization)                                     Identification Number)

                           1501 North Hamilton Street
                               Richmond, Virginia
                                 (804) 359-9311
Item 7.  Financial Statements, Pro Forma Financial Statements and Exhibits

                                EXPLANATORY NOTE

         On  September  6, 2000,  Universal  Corporation  commenced a continuous
medium  term note  offering  under a  prospectus  dated  August  28,  2000 and a
prospectus  supplement  dated September 6, 2000. This Current Report on Form 8-K
is filed for the purpose of filing the Fixed Rate Note that was issued  February
19, 2002 pursuant to a Pricing  Supplement  dated  February 13, 2002  previously
filed in connection with that medium term note program.

The following exhibits are filed herewith.

     Exhibit Number       Description

          4               $8,500,000 6.31% Fixed Rate Note due February 15, 2007
SIGNATURE

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  registrant  has duly  caused  this report to be signed on its behalf by the
undersigned, hereunto duly authorized.

                                        UNIVERSAL CORPORATION

                                  By:     /s/ GEORGE C. FREEMAN, III
                                        --------------------------------
                                        George C. Freeman, III
                                        General Counsel & Secretary

Date:  February 19, 2002