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PRICING SUPPLEMENT
Registration No. 333-08369-01
Filed Pursuant to Rule 424(b)(2)
United Parcel Service, Inc.
UPS Notes
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Pricing Supplement No. 47 Trade Date: 06/26/01
(To Prospectus dated March 22, 2000 and Prospectus Issue Date: 06/29/01
Supplement dated January 29, 2001)
The date of this Pricing Supplement is June 28, 2001
CUSIP
or
Common Code Principal Amount Interest Rate Maturity Date Price to Public
----------- ---------------- ------------- ------------- ---------------
91131UCA0 $15,000,000.00 6.5% 06/15/16 100%
Interest Payment
Frequency Subject to Dates and terms of redemption
(begin date) Survivor's Option Redemption (including the redemption price)
---------------- ----------------- ---------- --------------------------------
12/15/01 Yes Yes 100% 06/15/02
semi-annually semi-annually thereafter
Discounts and
Proceeds to UPS Commissions Reallowance Dealer Other Terms
--------------- ----------- ----------- ------ -----------
$14,775,000.00 $225,000.00 $3.50 ABN AMRO Financial
Services, Inc.