Filed Pursuant to 497 (d)
Registration File No.: 333-91103
PROSPECTUS SUPPLEMENT
DATED SEPTEMBER 5, 2000
This prospectus supplement dated September 5, 2000 modifies
The prospectus for the PaineWebber Equity Trust, Growth Stock
Series 25 ("Bulking Up - Merger and Acquisition Activity
to Remain Strong") dated March 23, 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.
