PRICING SUPPLEMENT
Registration No. 333-08369-01
Filed Pursuant to Rule 424(b)(2)
United Parcel Service, Inc.
UPS Notes
Pricing Supplement No. 34 Trade Date: 5/14/01
(To Prospectus dated March 22, 2000 and Prospectus Issue Date: 5/17/01
Supplement dated January 29, 2001)
The date of this Pricing Supplement is May 16, 2001
CUSIP
or
Common Code Principal Amount Interest Rate Maturity Date Price to Public
- ----------- ---------------- ------------- ------------- ---------------
91131UBK9 $6,655,000.00 6.25% 05/15/16 100%
Interest Payment
Frequency Subject to Dates and terms of redemption
(begin date) Survivor's Option Redemption (including the redemption price)
- ---------------- ----------------- ---------- --------------------------------
11/15/01 Yes Yes 100% 05/15/02
semi-annually semi-annually thereafter
Discounts and
Proceeds to UPS Commissions Reallowance Dealer Other Terms
- --------------- ------------- ----------- ------ -----------
$6,521,900.00 $133,100.00 $3.50 ABN AMRO, Inc.