<PAGE> 1
Filed pursuant to Rule 424(b)(3)
This pricing supplement relates to
Registration Statement Nos. 33-51149
and 33-52695
Pricing Supplement No.3 Dated November 20, 1995
(To Prospectus Dated November 15, 1995 and
Prospectus Supplement Dated November 15, 1995)
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: November 27, 1995
Principal Amount: $15,000,000
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 + 60 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: The third Wednesday of March, June,
September and December
Interest Reset Dates: The third Wednesday of March, June,
September and December
Specified Currency in which U.S. Dollars
Denominated:
Stated Maturity: November 27, 2000
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)