-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 U8Z3j1QSgobQSZ00+Blx0S6+v7bDTQTiPyL358650fWZ1/3Zr/OLylyx6HbryrqP
 NkpW+ZRjFVp/yzJKscJu8A==

<SEC-DOCUMENT>0000950144-03-011350.txt : 20031008
<SEC-HEADER>0000950144-03-011350.hdr.sgml : 20031008
<ACCEPTANCE-DATETIME>20031008112628
ACCESSION NUMBER:		0000950144-03-011350
CONFORMED SUBMISSION TYPE:	424B2
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20031008

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			UNITED PARCEL SERVICE INC
		CENTRAL INDEX KEY:			0001090727
		STANDARD INDUSTRIAL CLASSIFICATION:	TRUCKING & COURIER SERVICES (NO AIR) [4210]
		IRS NUMBER:				582480149
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		424B2
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-108272
		FILM NUMBER:		03932781

	BUSINESS ADDRESS:	
		STREET 1:		55 GLENLAKE PARKWAY NE
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30328
		BUSINESS PHONE:		4048286000

	MAIL ADDRESS:	
		STREET 1:		55 GLENLAKE PARKWAY NE
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30328
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B2
<SEQUENCE>1
<FILENAME>g84824de424b2.txt
<DESCRIPTION>UNITED PARCEL SERVICE, INC.
<TEXT>
<PAGE>
                               PRICING SUPPLEMENT

                                                     Registration No. 333-108272
                                                Filed Pursuant to Rule 424(b)(2)

                           United Parcel Service, Inc.

                                    UPS Notes


Pricing Supplement No. 3                                    Trade Date: 10/06/03
(To Prospectus dated September 8, 2003 and Prospectus       Issue Date: 10/09/03
Supplement dated September 12, 2003)

The date of this Pricing Supplement is October 8, 2003


<TABLE>
<CAPTION>
      <S>                   <C>                      <C>                     <C>                   <C>
         CUSIP
           or
      Common Code           Principal Amount         Interest Rate           Maturity Date         Price to Public
      -----------           ----------------         -------------           -------------         ---------------
       91131UGL2             $11,823,000.00              4.00%                 10/15/11                 100%

   Interest Payment
       Frequency                                                                Dates and terms of redemption
      (begin date)          Survivor's Option    Subject to Redemption         (including the redemption price)
    ----------------        -----------------    ---------------------         --------------------------------
     semi-annually                 Yes                    Yes                           100% 10/15/04
       (04/15/04)                                                                  semi-annually thereafter


                              Discounts and
    Proceeds to UPS            Commissions            Reallowance                Dealer              Other Terms
    ---------------            -----------            -----------                ------              -----------
     $11,681,124.00            $141,876.00               $2.00             ABN AMRO Financial
                                                                             Services, Inc.
</TABLE>


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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