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. 42 Trade Date: 10/28/02
(To Prospectus dated March 22, 2000 and Prospectus Issue Date: 10/31/02
Supplement dated December 20, 2001)
The date of this Pricing Supplement is October 29, 2002
CUSIP
or
Common Code Principal Amount Interest Rate Maturity Date Price to Public
----------- ---------------- ------------- ------------- ---------------
91131UEQ3 $8,794,000.00 5.00% 10/15/13 100%
Interest Payment
Frequency Subject to Dates and terms of redemption
(begin date) Survivor's Option Redemption (including the redemption price)
---------------- ----------------- ----------- --------------------------------
11/15/02 Yes Yes 100% 10/15/03
monthly semi-annually thereafter
Discounts and
Proceeds to UPS Commissions Reallowance Dealer Other Terms
--------------- ----------- ----------- ------ -----------
$8,679,678.00 $114,322.00 $2.25 ABN AMRO Financial
Services, Inc.