Free Writing Prospectus Filed Under Rule 433

LOGO

   UPS CoreNotes by United Parcel Service    LOGO

 

Filed Under Rule 433, Registration Statement No. 333-147737

  

 

Offer date:

   16-Jun-08         

Cut off:

   20-Jun-08    11:00 am ET      

Trade date:

   20-Jun-08         

Settlement Date:            

   25-Jun-08         
           
           

Ratings:

   Aa2/AA-    Senior Debt        

 

 

Interest
Rate

Per
Annum

   Structure    Maturity    Call Date*    Settlement
Date
   Frequency    1st Payment
Date
   Public
Price
   Purchasing
Agent’s
  UPS
Proceeds
   Survivor’s
Option
   CUSIP

5.300%

   10 1/2NC1    12/17/2018    6/15/2009    6/25/2008    Semi-Annual    12/15/2008    100.00    1.500%   98.5000    Yes    91131UJW5

* Callable at par, in whole, on each coupon date on or after the Call Date with not less than 30 calendar days’ prior notice

* Coupon pays according to stated payment frequency; 30/360; unadjusted

Note: Merrill Lynch & Co. acted as principal on this transaction.

United Parcel Service, Inc. (“UPS”) has filed a registration statement (including prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and the other documents UPS has filed with the SEC for more complete information about UPS and this offering. You may get these documents for free by visiting EDGAR on the SEC web site at www.sec.gov. Alternatively, UPS, Merrill Lunch & Co. or any selling agent participating in the offering will arrange to send you the prospectus if you request it by calling toll free 1-866-500-5408.

 

 

 

Merrill Lynch Sales Desk - (212) 449-5107

Rick Perretti, Gary Kobes, Adam Genther and Vincent Tarantola