PRICING SUPPLEMENT Registration No. 333-08369-01 Filed Pursuant to Rule 424(b)(2) United Parcel Service, Inc. UPS Notes -------------------------------------------------------------------------------- Pricing Supplement No. 55 Trade Date: 02/18/03 (To Prospectus dated March 22, 2000 and Prospectus Issue Date: 02/21/03 Supplement dated December 20, 2001) The date of this Pricing Supplement is February 19, 2003 CUSIP or Common Code Principal Amount Interest Rate Maturity Date Price to Public ----------- ---------------- ------------- ------------- --------------- 91131UFD1 $5,511,000.00 3.25% 08/15/08 100% Interest Payment Frequency Dates and terms of redemption (begin date) Survivor's Option Subject to Redemption (including the redemption price) ---------------- ----------------- ---------- -------------------------------- 08/15/03 Yes Yes 100% 02/15/04 semi-annually semi-annually thereafter Discounts and Proceeds to UPS Commissions Reallowance Dealer Other Terms --------------- ----------- ----------- ------ ----------- $5,458,645.50 $52,354.50 $1.75 ABN AMRO Financial Services, Inc.