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[THIS CONFORMING PAPER FORMAT DOCUMENT IS BEING
SUBMITTED PURSUANT TO RULE 901(d) OF
REGULATION S-T]
Filed pursuant to Rule 424(b)(3).
This amended pricing supplement relates to
Registration Statement Nos. 33-52695
and 333-17913.
Amendment No. 1 dated February 5, 1997 to
Pricing Supplement No. 10 Dated February 4, 1997
(To Prospectus Dated December 23, 1996 and
Prospectus Supplement Dated December 23, 1996)
PAINE WEBBER GROUP INC.
Multiple Currency
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Medium-Term Senior Notes, Series C
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Due from Nine Months to 30 Years from Date of Issue
(FLOATING RATE NOTES)
Designation: Medium Term Senior Notes, Series C
Original Issue Date: February 7, 1997
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) Telcrate Screen Page 7055
Index Maturity: Quarterly
Spread: 3 Month Libor + 45
Initial Interest Rate: 1 Month Libor + 45 / To Be Determined
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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: Same as interest reset dates
Interest Reset Dates: The third Wednesday of March, June,
September, and December
Specified Currency in which U.S. Dollars
Denominated:
Stated Maturity: February 9, 2004
Issue Price (As a Percentage 100%
of Principal Amount):
Redemption and Early The Note cannot be redeemed prior to Stated
Repayment Provision: Maturity
Note(s) Represented By: [x] Global Note
[ ] Certificated note(s)
