PRICING SUPPLEMENT
Registration No. 333-08369-01
Filed Pursuant to Rule 424(b)(2)
United Parcel Service, Inc.
UPS Notes
--------------------------------------------------------------------------------
Pricing Supplement No. 43 Trade Date: 11/04/02
(To Prospectus dated March 22, 2000 and Prospectus Issue Date: 11/07/02
Supplement dated December 20, 2001)
The date of this Pricing Supplement is November 5, 2002
CUSIP
or
Common Code Principal Amount Interest Rate Maturity Date Price to Public
----------- ---------------- ------------- ------------- ---------------
91131UER1 $4,898,000.00 5.00% 11/15/16 100%
Interest Payment
Frequency Subject to Dates and terms of redemption
(begin date) Survivor's Option Redemption (including the redemption price)
---------------- ----------------- ----------- --------------------------------
12/15/02 Yes Yes 100% 11/15/03
monthly semi-annually thereafter
Discounts and
Proceeds to UPS Commissions Reallowance Dealer Other Terms
--------------- ----------- ----------- ------ -----------
$4,804,938.00 $93,062.00 $3.50 ABN AMRO Financial
Services, Inc.