PRICING SUPPLEMENT Registration No. 333-08369-01 Filed Pursuant to Rule 424(b)(2) United Parcel Service, Inc. UPS Notes Pricing Supplement No. 61 Trade Date: 03/31/03 (To Prospectus dated March 22, 2000 and Prospectus Issue Date: 04/03/03 Supplement dated December 20, 2001) The date of this Pricing Supplement is April 1, 2003 CUSIP or Common Code Principal Amount Interest Rate Maturity Date Price to Public ----------- ---------------- ------------- ------------- --------------- 91131UFK5 $5,945,000.00 5.00% 04/15/18 100% Interest Payment Frequency Dates and terms of redemption (begin date) Survivor's Option Subject to Redemption (including the redemption price) ---------------- ----------------- ------------------------- -------------------------------- 10/15/03 Yes Yes 100% 04/15/04 semi-annually semi-annually thereafter Discounts and Proceeds to UPS Commissions Reallowance Dealer Other Terms --------------- ----------- ----------- ------ ----------- $5,870,687.50 $74,312.50 $3.50 ABN AMRO Financial Services, Inc.