<PAGE> 1
Filed pursuant to Rule 424(b)(3).
This amended pricing supplement relates to
Registration Statement Nos. 33-52695
and 333-17913.
Amended Pricing Supplement No. 84 Dated July 27, 1998
(To Prospectus Dated December 23, 1996 and
Prospectus Supplement Dated December 23, 1996)
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: July 30, 1998
Principal Amount: $10,000,000
Interest Rate Basis: [ ] Commercial Paper Rate
[ ] Prime Rate
[ ] Federal Funds Rate
[X] LIBOR
[ ] Bloomberg Page BTMM
[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+52
<PAGE> 2
Regular Record Dates: 15 calendar days prior to Interest
Payment Dates
Interest Determination Dates: Two Business Days prior to the Interest
Payment Dates
Interest Payment Dates: Same as Interest Reset Dates
Interest Reset Dates: Third Wednesday of each March, June,
September, and December
Specified Currency in which U.S. Dollars
Denominated:
Stated Maturity: July 31, 2008
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)
