Filed Pursuant to 497 (d)
Registration File No.: 333-90837
PROSPECTUS SUPPLEMENT
DATED SEPTEMBER 5, 2000
This prospectus supplement dated September 5, 2000 modifies
The prospectus for the PaineWebber Equity Trust, Growth Stock
Series 24 ("Building the Info Utility Industry") dated
March 1, 2000 (referred to herein as the "Trust").
Verio Inc., the issuer of one of the equity securities held
by the Trust, has been acquired by NTT Communications
Corporation. Due to the acquisition, the Trust has received
cash in exchange for all of its Verio Inc. shares. The
Trustee will pay all of the cash proceeds as a principal
distribution to Unitholders of record as of
September 8, 2000.