PRICING SUPPLEMENT
Registration No. 333-08369-01
Filed Pursuant to Rule 424(b)(2)
United Parcel Service, Inc.
UPS Notes
- --------------------------------------------------------------------------------
Pricing Supplement No. 47 Trade Date: 12/04/02
(To Prospectus dated March 22, 2000 and Prospectus Issue Date: 12/12/02
Supplement dated December 20, 2001)
The date of this Pricing Supplement is December 5, 2002
CUSIP
or
Common Code Principal Amount Interest Rate Maturity Date Price to Public
----------- ---------------- ------------- ------------- ---------------
91131UEV2 $16,112,000.00 4.00% 12/15/09 100%
Interest Payment
Frequency Subject to Dates and terms of redemption
(begin date) Survivor's Option Redemption (including the redemption price)
- ---------------- ----------------- ------------- --------------------------------
1/15/03 Yes Yes 100% 12/15/03
monthly semi-annually thereafter
Discounts and
Proceeds to UPS Commissions Reallowance Dealer Other Terms
- --------------- ----------- ----------- ------ -----------
$15,918,656.00 $193,344.00 $2.00 ABN AMRO Financial
Services, Inc.