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. 37 Trade Date: 09/23/02
(To Prospectus dated March 22, 2000 and Prospectus Issue Date: 09/26/02
Supplement dated December 20, 2001)
The date of this Pricing Supplement is September 24, 2002
CUSIP
or
Common Code Principal Amount Interest Rate Maturity Date Price to Public
----------- ---------------- ------------- ------------- ---------------
91131UEK6 $9,689,000.00 4.10% 09/15/10 100%
Interest Payment
Frequency Dates and terms of redemption
(begin date) Survivor's Option Subject to Redemption (including the redemption price)
---------------- ----------------- ---------------------- --------------------------------
03/15/03 Yes Yes 100% 09/15/03
semi-annually semi-annually thereafter
Discounts and
Proceeds to UPS Commissions Reallowance Dealer Other Terms
--------------- ------------- ----------- ------------------ -----------
$9,563,043.00 $125,957.00 $2.00 ABN AMRO Financial
Services, Inc.