PRICING SUPPLEMENT
Registration No. 333-08369-01
Filed Pursuant to Rule 424(b)(2)
United Parcel Service, Inc.
UPS Notes
Pricing Supplement No. 53 Trade Date: 02/03/03
(To Prospectus dated March 22, 2000 and Prospectus Issue Date: 02/06/03
Supplement dated December 20, 2001)
The date of this Pricing Supplement is February 4, 2003
CUSIP
or
Common Code Principal Amount Interest Rate Maturity Date Price to Public
----------- ---------------- ------------- ------------- ---------------
91131UFB5 $3,621,000.00 4.00% 08/15/11 100%
Interest Payment
Frequency Subject to Dates and terms of redemption
(begin date) Survivor's Option Redemption (including the redemption price)
---------------- ----------------- ---------- --------------------------------
03/15/03 Yes Yes 100% 02/15/04
monthly semi-annually thereafter
Discounts and
Proceeds to UPS Commissions Reallowance Dealer Other Terms
--------------- ----------- ----------- ------ -----------
$3,572,116.50 $48,883.50 $2.00 ABN AMRO Financial
Services, Inc.