<PAGE> 1
Filed pursuant to Rule
424(b)(3). This Pricing
Supplement relates to
Registration Statements No.
33-58124 and 33-51149
Pricing Supplement No. 010 Dated January 12, 1994
(To Prospectus Dated November 29, 1993 and
Prospectus Supplement Dated November 30, 1993)
PAINE WEBBER GROUP INC.
Multiple Currency
Medium-Term Senior Notes, Series C
Due from Nine Months to 30 Years from Date of Issue
(Fixed Rate Notes)
<TABLE>
<S> <C>
Designation: Medium-Term Senior Notes, Series C
----------------------------------
Original Issue Date: January 20, 1994
------------------
Principal Amount: $1,150,000
------------------
Interest Rate Per Annum: 5.38%
-------------------
Regular Record Dates: 15 Calendar Days
Prior to Each
Interest Payment
Date
------------------
Specified Currency
in which Denominated: U.S. Dollars
------------------
Stated Maturity: February 12, 1998
------------------
Issue Price (As a Percentage
of Principal Amount): 100%
------------------
Redemption and Early The Note cannot be
Repayment Provisions: redeemed prior to
Stated Maturity
------------------
Note(s) represented by: [X] Global Note
[ ] Certificated Note(s)
</TABLE>