I did this on my car last night and wanted to clear up a few things. On my 2003, I didn't find the red/white/silver wire in the bundle on the steering column (I did find red/white/silver wires, but none were the wire in question). I found the wire going to the "X" connecter on the back of the fuse box. It was actually a red wire with a white stripe and two silver dots right next to each other. If you have the FSM, you can look it up in the body electrical section. It's a single row 8 cavity connector on the bottom drivers side (I think) of the back of the fuse box. The wire in question is in position 5 on the X connector. I was able to pop just that wire out of the connector without cutting anything using a small screwdriver. I taped it back up to the rest of the bundle so it wouldn't short on anything and the key beep is gone!
Edit, found an image of the fuse box on another member's website:
Edit, found an image of the fuse box on another member's website:
