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. 17 Trade Date: 03/19/01
(To Prospectus dated March 22, 2000 and Prospectus Issue Date: 03/22/01
Supplement dated January 29, 2001)
The date of this Pricing Supplement is March 20, 2001
CUSIP
or
Common Code Principal Amount Interest Rate Maturity Date Price to Public
--------------- ----------------- ------------- -------------- ---------------
91131UAS3 $3,782,000.00 5.65% 9/15/08 100%
Interest Payment
Frequency Subject to Dates and terms of redemption
(begin date) Survivor's Option Redemption (including the redemption price)
- ---------------- ----------------- ------------- -------------------------------------
4/15/01 Yes Yes 100% 3/15/02
monthly semi-annually thereafter
Discounts and
Proceeds to UPS Commissions Reallowance Dealer Other Terms
- ---------------- ----------------- ------------- -------------- -----------
$3,734,725.00 $47,275 $2.00 ABN AMRO, Inc.