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SIGNATURE JULIAN SLUYTERS
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM (IDENTIFY
SPECIFIC FINANCIAL STATEMENTS) AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
SUCH FINANCIAL STATEMENTS.
</LEGEND>
<RESTATED>
<CIK> 0000907015
<NAME> PAINEWEBBER PREMIER HIGH INCOME TRUST
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUL-31-1995
<PERIOD-START> AUG-01-1994
<PERIOD-END> JAN-31-1995
<INVESTMENTS-AT-COST> 81,447
<INVESTMENTS-AT-VALUE> 74,552
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</TABLE>
For period ending January 31, 1995 Exhibit 99.77C
File Number 811-7804 --------------
PaineWebber Premier High Income Trust Inc.
------------------------------------------
An annual meeting of shareholders was held on November 17, 1994, at which the
following proposals were approved:
PROPOSAL 1
----------
Shares For as a Shares
To Vote For or Against Shares For % of Total Withholding
the Election of: Voted Shares Voted Authority
---------------- ----- ------------ ---------
E. Garrett Bewkes, Jr. 5,729,974.962 98.38% 94,246.649
John R. Torell III 5,737,925.962 98.52% 86,295.649
William D. White 5,735,793.962 98.48% 88,427.649
PROPOSAL 2
----------
Shares For as a
Shares For % of Total Shares
Voted Shares Voted Shares Against Abstaining
----- ------------ -------------- ----------
To vote for or against 5,788,337.837 99.38% 21,674.000 14,209.774
the ratification of the
selection of Ernst &
Young LLP as the
Fund's independent
auditors for the fiscal
year ending July 31,
1995.
For period ending January 31, 1995 Exhibit 99.77D
File Number 811-7804 --------------
PaineWebber Premier High Income Trust Inc.
------------------------------------------
On November 9, 1994 the board of trustees approved the following changes in
policies with respect to security investments of the portfolio:
RESOLVED, that the amendment to the investment policies
of Premier High Income Trust to permit the Fund to invest
up to 25% of its net assets in securities of foreign issuers
as presented to this meeting be, and it hereby is, approved;
and be it further
RESOLVED, that the amendment to the Fund's investment
policies to permit the Fund to invest in equity securities as
part of a unit as presented to this meeting be, and it hereby
is, approved.
