PRICING SUPPLEMENT Registration No. 333-08369-01 Filed Pursuant to Rule 424(b)(2) United Parcel Service, Inc. UPS Notes Pricing Supplement No. 67 Trade Date: 05/12/03 (To Prospectus dated March 22, 2000 and Prospectus Issue Date: 05/15/03 Supplement dated December 20, 2001) The date of this Pricing Supplement is May 13, 2003 CUSIP or Common Code Principal Amount Interest Rate Maturity Date Price to Public ----------- ---------------- ------------- ------------- --------------- 91131UFR0 $4,871,000.00 4.50% 11/15/15 100% Interest Payment Frequency Dates and terms of redemption (begin date) Survivor's Option Subject to Redemption (including the redemption price) ---------------- ----------------- ----------------------- -------------------------------- 11/15/03 Yes Yes 100% 05/15/04 semi-annually semi-annually thereafter Discounts and Proceeds to UPS Commissions Reallowance Dealer Other Terms --------------- -------------- ----------- ------------------ ----------- $4,806,459.25 $64,540.75 $3.00 ABN AMRO Financial Services, Inc.