PRICING SUPPLEMENT
Registration No. 333-08369-01
Filed Pursuant to Rule 424(b)(2)
UNITED PARCEL SERVICE, INC.
UPS NOTES
Pricing Supplement No. 3 Trade Date: 01/28/02
(To Prospectus dated March 22, 2000 and Prospectus Issue Date: 01/31/02
Supplement dated December 20, 2001)
The date of this Pricing Supplement is January 30, 2002
CUSIP
or
Common Code Principal Amount Interest Rate Maturity Date Price to Public
----------- ---------------- ------------- ------------- ---------------
91131UCZ5 $10,730,000.00 6.00% 01/15/17 100%
Interest Payment
Frequency Dates and terms of redemption
(begin date) Survivor's Option Subject to Redemption (including the redemption price)
---------------- ----------------- --------------------- --------------------------------
02/15/02 Yes Yes 100% 01/15/03
monthly semi-annually thereafter
Discounts and
Proceeds to UPS Commissions Reallowance Dealer Other Terms
--------------- -------------- ----------- ------ -----------
$10,542,225.00 $187,775.00 $3.50 ABN AMRO Financial
Services, Inc.