PRICING SUPPLEMENT
Registration No. 333-08369-01
Filed Pursuant to Rule 424(b)(2)
United Parcel Service, Inc.
UPS Notes
Pricing Supplement No. 70 Trade Date: 06/02/03
(To Prospectus dated March 22, 2000 and Prospectus Issue Date: 06/05/03
Supplement dated December 20, 2001)
The date of this Pricing Supplement is June 3, 2003
CUSIP
or
Common Code Principal Amount Interest Rate Maturity Date Price to Public
----------- ---------------- ------------- ------------- ---------------
91131UFU3 $4,276,000.00 3.50% 12/15/12 100%
Interest Payment
Frequency Dates and terms of redemption
(begin date) Survivor's Option Subject to Redemption (including the redemption price)
---------------- ----------------- ----------------------- --------------------------------
7/15/03 Yes Yes 100% 06/15/04
monthly semi-annually thereafter
Discounts and
Proceeds to UPS Commissions Reallowance Dealer Other Terms
--------------- ----------- ----------- ------ -----------
$4,216,136.00 $59,864.00 $2.00 ABN AMRO Financial
Services, Inc.