1 PRICING SUPPLEMENT Registration No. 333-08369-01 Filed Pursuant to Rule 424(b)(2) UNITED PARCEL SERVICE, INC. UPS NOTES ------------------------------------------------------------------------------- Pricing Supplement No. 56 Trade Date: 09/04/01 (To Prospectus dated March 22, 2000 and Prospectus Issue Date: 09/07/01 Supplement dated January 29, 2001) The date of this Pricing Supplement is September 6, 2001 CUSIP or Common Code Principal Amount Interest Rate Maturity Date Price to Public ----------- ---------------- ------------- ------------- --------------- 91131UCH5 $10,038,000.00 6.125% 09/15/16 100% Interest Payment Frequency Subject to Dates and terms of redemption (begin date) Survivor's Option Redemption (including the redemption price) ---------------- ----------------- ---------- -------------------------------- 03/15/02 Yes Yes 100% 09/15/03 semi-annually semi-annually thereafter Discounts and Proceeds to UPS Commissions Reallowance Dealer Other Terms --------------- ------------- ----------- ------ ----------- $9,887,430.00 $150,570.00 $3.50 ABN AMRO Financial Services, Inc.