1 PRICING SUPPLEMENT Registration No. 333-08369-01 Filed Pursuant to Rule 424(b)(2) United Parcel Service, Inc. UPS Notes -------------------------------------------------------------------------------- Pricing Supplement No. 43 Trade Date: 06/18/01 (To Prospectus dated March 22, 2000 and Prospectus Issue Date: 06/21/01 Supplement dated January 29, 2001) The date of this Pricing Supplement is June 20, 2001 CUSIP or Common Code Principal Amount Interest Rate Maturity Date Price to Public ----------- ---------------- ------------- ------------- --------------- 91131UBU7 $5,448,000.00 5.75% 12/15/08 100% Interest Payment Subject to Dates and terms of redemption Frequency Survivor's Option Redemption (including the redemption price) (begin date) ----------------- ---------- -------------------------------- ---------------- Yes Yes 100% 06/15/02 7/15/01 semi-annually thereafter monthly Discounts and Proceeds to UPS Commissions Reallowance Dealer Other Terms --------------- ----------- ----------- ------ ----------- $5,381,534.40 $66,465.60 $2.00 ABN AMRO Financial Services, Inc.