<PAGE> 1
Filed pursuant to Rule 424(b)(3)
This pricing supplement relates to
Registration Statement Nos. 33-58124
and 33-51149
Pricing Supplement No. 62 Dated September 18, 1995
(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
(FLOATING RATE NOTES)
Designation: MEDIUM TERM SENIOR NOTES,
SERIES C
Original Issue Date: September 21, 1995
Principal Amount: $5,000,000
Interest Rate Basis: [ ] Commercial Paper Rate
[ ] Prime Rate
[ ] Federal Funds Rate
[X] LIBOR
[X] Telerate Screen Project 3750
[ ] Reuters Screen LIBO Page
[ ] Treasury Rate
2 Year Treasury Constant Maturities
(H.15) Telerate Screen Page 7055
Index Maturity: Quarterly
Spread: 3 Month Libor + 30 Basis Points
Initial Interest Rate: To Be Determined
Regular Record Dates: 15 calendar days prior to Interest
Payment Dates
Interest Determination Dates: Second London Business Day Preceding
the Interest Reset Date
Interest Payment Dates: Third Wednesday of September, December,
March, and June
Interest Reset Dates: Third Wednesday of September, December,
March, and June
Specified Currency in which U.S. Dollars
Denominated:
Stated Maturity: September 22, 1997
Issue Price (As a Percentage of 100%
Principal Amount):
Redemption and Early The Note cannot be redeemed
Repayment Provision: prior to Stated Maturity
Note(s) Represented By: [X] Global Note
[ ] Certificated Note(s)
