FWP

LOGO

    UPS CoreNotes by United Parcel Service    LOGO

 

Filed Under Rule 433, Registration Statement No. 333-147737

   

Offer date:

    2-Jun-08         

Cut off:

    6-Jun-08    11:00 am EST      

Trade date:

    6-Jun-08         

Settlement Date:            

    11-Jun-08         
           
           

Ratings:

    Aa2/AA-    Senior Debt        

 

 

Interest Rate

Per Annum

    Structure    Maturity    Call Date*    Settlement
Date		    Frequency    1st Payment
Date		    Public
Price		    Purchasing
Agent’s		   UPS
Proceeds		    Survivor’s
Option		    CUSIP

4.150%

    4 1/2NC1    12/17/2012    6/15/2009    6/11/2008    Semi-Annual    12/15/2008    100.00    0.750%   99.2500    Yes    91131UJT2

* Callable at par, in whole, on each coupon date on or after the Call Date with not less than 30 calendar days’ prior notice

* Coupon pays according to stated payment frequency; 30/360; unadjusted

Note: Merrill Lynch & Co. acted as principal on this transaction.

United Parcel Service, Inc. (“UPS”) has filed a registration statement (including prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and the other documents UPS has filed with the SEC for more complete information about UPS and this offering. You may get these documents for free by visiting EDGAR on the SEC web site at www.sec.gov. Alternatively, UPS, Merrill Lynch & Co. or any selling agent participating in the offering will arrange to send you the prospectus if you request it by calling toll free 1-866-500-5408.

 

 

 

Merrill Lynch Sales Desk - (212) 449-5107

Rick Perretti, Gary Kobes, Adam Genther and Vincent Tarantola