PRICING SUPPLEMENT Registration No. 333-08369-01 Filed Pursuant to Rule 424(b)(2) UNITED PARCEL SERVICE, INC. UPS NOTES -------------------------------------------------------------------------------- Pricing Supplement No. 33 Trade Date: 08/26/02 (To Prospectus dated March 22, 2000 and Prospectus Issue Date: 08/29/02 Supplement dated December 20, 2001) The date of this Pricing Supplement is August 27, 2002 CUSIP or Common Code Principal Amount Interest Rate Maturity Date Price to Public ----------- ---------------- ------------- ------------- --------------- 91131UEF7 $19,482,000.00 5.00% 08/15/13 100% Interest Payment Frequency Subject to Dates and terms of redemption (begin date) Survivor's Option Redemption (including the redemption price) ---------------- ----------------- ---------- -------------------------------- 09/15/02 Yes Yes 100% 08/15/03 monthly semi-annually thereafter Discounts and Proceeds to UPS Commissions Reallowance Dealer Other Terms --------------- ----------- ----------- ------ ----------- $19,209,252.00 $272,748.00 $2.50 ABN AMRO Financial Services, Inc.