PRICING SUPPLEMENT
Registration No. 333-08369-01
Filed Pursuant to Rule 424(b)(2)
United Parcel Service, Inc.
UPS Notes
Pricing Supplement No. 65 Trade Date: 11/26/01
(To Prospectus dated March 22, 2000 and Prospectus Issue Date: 11/29/01
Supplement dated January 29, 2001)
The date of this Pricing Supplement is November 28, 2001
CUSIP
or
Common Code Principal Amount Interest Rate Maturity Date Price to Public
----------- ---------------- ------------- ------------- ---------------
91131UCS1 $4,173,000.00 5.375% 11/15/11 100%
Interest Payment
Frequency Dates and terms of redemption
(begin date) Survivor's Option Subject to Redemption (including the redemption price)
---------------- ----------------- --------------------- --------------------------------
12/15/01 Yes Yes 100% 11/15/02
monthly semi-annually thereafter
Discounts and
Proceeds to UPS Commissions Reallowance Dealer Other Terms
--------------- ----------- ----------- ------ -----------
$4,110,405.00 $62,595.00 $2.00 ABN AMRO Financial
Services, Inc.