PAINEWEBBER EQUITY TRUST GROWTH STOCK SERIES 18
497, 1995-10-26
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                               Filed Pursuant to Rule 497(e)
                               Registration File No.:  033-59111



                  PROSPECTUS SUPPLEMENT
                 Dated October 26, 1995


     This Prospectus Supplement dated October 26, 1995
modifies the Prospectus for the PaineWebber Equity Trust,
Growth Stock Series 18 (the Consumer Comeback Trust)
dated September 13, 1995 (referred to herein as the
"Trust") attached hereto (the "Prospectus").

     The Public Offering Price of units of the Trust
includes a sales charge which varies based upon the
number of units purchased by a single purchaser.  (See
the sales charge schedule contained in "Public Offering
of Units" on pages 10-11 of the Prospectus.)  Effective
as of the date hereof, during the initial public offering
period, the sales charge will be based on the number of
Trust units purchased on the same or any preceding day by
a single purchaser.  Such purchaser or his dealer must
notify the Sponsor at the time of purchase of any
previous purchase of Trust units in order to aggregate
all such purchases and must supply the Sponsor with
sufficient information to permit confirmation of such
purchaser's eligibility;  acceptance of such purchase
order is subject to confirmation.  Purchases of units of
other trusts may not be aggregated with purchases of
Trust units to qualify for this procedure.  This
procedure may be amended or terminated at any time
without notice.  In the event of such termination, the
procedure will revert to that stated in the Prospectus
under the sales charge schedule referred to above.





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