1 FORM OF PRICING SUPPLEMENT Registration No. 333-08369-01 Filed Pursuant to Rule 424(b)(2) UNITED PARCEL SERVICE, INC. UPS NOTES -------------------------------------------------------------------------------- Pricing Supplement No. 26 Trade Date: 04/16/01 (To Prospectus dated March 22, 2000 and Prospectus Issue Date: 04/19/01 Supplement dated January 29, 2001) The date of this Pricing Supplement is April 18, 2001 CUSIP or Common Code Principal Amount Interest Rate Maturity Date Price to Public ----------- ---------------- ------------- ------------- --------------- 91131UBB9 $1,816,000.00 6.00% 04/15/13 100% Interest Payment Frequency Subject to Dates and terms of redemption (begin date) Survivor's Option Redemption (including the redemption price) ------------ ----------------- ---------- -------------------------------- 05/15/01 Yes Yes 100% 04/15/02 monthly semi-annually thereafter Discounts and Proceeds to UPS Commissions Reallowance Dealer Other Terms --------------- ----------- ----------- ------ ----------- $1,788,760.00 $27,240.00 $2.75 ABN AMRO, Inc.