PAINEWEBBER INVESTMENT SERIES
1285 Avenue of the Americas
New York, New York 10019
June 21, 1995
Via Facsimile
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Mr. Randolph S. Koch
Office of Disclosure and Review
Division of Investment Management
Securities and Exchange Commission
450 Fifth Street, N.W. - Stop 105
Washington, D.C. 20549
RE: PaineWebber Investment Series
Registration Statement on Form N-14 No. 33-59539
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Dear Mr. Koch:
We are writing to request the withdrawal of the above-referenced
registration statement, pursuant to Rule 477 under the Securities Act of
1933.
As we discussed on the telephone yesterday, we are requesting
withdrawal of the registration statement as the reorganization to which it
pertains is being restructured in some respects. The restructuring of the
reorganization will require amendment of the registration statement, which
we do not believe can be accomplished prior to June 22, 1995 -- the date
the registration statement would become automatically effective were it
not withdrawn.
Thank you for your assistance in this matter.
Sincerely,
/s/ Dianne E. O'Donnell
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Dianne E. O'Donnell
Vice President and Secretary
