PRICING SUPPLEMENT
Registration No. 333-108272
Filed Pursuant to Rule 424(b)(2)
UNITED PARCEL SERVICE, INC.
UPS NOTES
- --------------------------------------------------------------------------------
Pricing Supplement No. 9 Trade Date: 11/17/03
(To Prospectus dated September 8, 2003 and Issue Date: 11/20/03
Prospectus Supplement dated September 12, 2003)
The date of this Pricing Supplement is November 18, 2003
CUSIP
or
Common Code Principal Amount Interest Rate Maturity Date Price to Public
----------- ---------------- ------------- ------------- ---------------
91131UGS7 $9,142,000.00 5.00% 11/15/15 100%
Interest Payment
Frequency Subject to Dates and terms of redemption
(begin date) Survivor's Option Redemption (including the redemption price)
- ---------------- ----------------- ---------- --------------------------------
monthly Yes Yes 100% 11/15/04
(12/15/03) semi-annually thereafter
Discounts and
Proceeds to UPS Commissions Reallowance Dealer Other Terms
- --------------- ------------- ----------- ------ -----------
$9,000,299.00 $141,701.00 $2.75 ABN AMRO Financial
Services, Inc.