PRICING SUPPLEMENT
Registration No. 333-08369-01
Filed Pursuant to Rule 424(b)(2)
United Parcel Service, Inc.
UPS Notes
- -------------------------------------------------------------------------------
Pricing Supplement No. 39 Trade Date: 10/07/02
(To Prospectus dated March 22, 2000 and Prospectus Issue Date: 10/10/02
Supplement dated December 20, 2001)
The date of this Pricing Supplement is October 8, 2002
CUSIP
or
Common Code Principal Amount Interest Rate Maturity Date Price to Public
----------- ---------------- ------------- ------------- ---------------
91131UEM2 $5,467,000.00 4.00% 10/15/10 100%
Interest Payment
Frequency Dates and terms of redemption
(begin date) Survivor's Option Subject to Redemption (including the redemption price)
- ---------------- ----------------- --------------------- --------------------------------
11/15/02 Yes Yes 100% 10/15/03
monthly semi-annually thereafter
Discounts and
Proceeds to UPS Commissions Reallowance Dealer Other Terms
- --------------- ----------- ----------- ------------------ -----------
$5,404,129.50 $62,870.50 $2.00 ABN AMRO Financial
Services, Inc.