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PRICING SUPPLEMENT
Registration No. 333-08369-01
Filed Pursuant to Rule 424(b)(2)
United Parcel Service, Inc.
UPS Notes
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Pricing Supplement No. 16 Trade Date: 3/12/01
(To Prospectus dated March 22, 2000 and Prospectus Issue Date: 3/15/01
Supplement dated January 29, 2001)
The date of this Pricing Supplement is March 13, 2001
CUSIP
or
Common Code Principal Amount Interest Rate Maturity Date Price to Public
----------- ---------------- ------------- ------------- ---------------
91131UAR5 $8,201,000.00 6.1% 3/15/16 100%
Interest Payment
Frequency Dates and terms of redemption
(begin date) Survivor's Option Subject to Redemption (including the redemption price)
---------------- ----------------- --------------------- --------------------------------
4/15/01 Yes Yes 100% 3/15/04
monthly semi-annually thereafter
Discounts and
Proceeds to UPS Commissions Reallowance Dealer Other Terms
--------------- ----------- ----------- ------ -----------
$8,057,481.50 $143,517.50 $3.50 ABN AMRO, Inc.