September 2000
				       Valucon August31
				       Value on September29

Page   lot   2

    $         2.79
    $          .00

PaineWebber           H
Investment Account

PAINEWEBBER INC.
1000 HARBOR BOULEVARD
WEEHAWXFN, Ni 07087-6790
NZ5L115020-X16  -0900- HS.-

Account Number MS 71827 ES

Your Financial Advisor
EMERY FINANCIAL GROUP

 JEFFREY KSKILLING
 191.2 NORTH BLVD
 HOUSTON -

    713 65-l-02001800-553-3 19


TX 77098-5418

		 Earnings betow are classified as taxable or non-ta*able based on status
		 Earnings suinniary.                            status                                              wl*h the ean,JAgs are -
		 received and &es nbt attempt to reflect                       reporting
		 docurnehts (e.g. 1099) 'rtaxrepoaingpwposes. classification o~'rivata investment disifib tions can only be datonnined by
	* ~, . - raf6 rAng to the officiaJ veal-and tax reporting documbnt provided by the issuer..             - .    -
	*           -                                . *.*  .*               -  .    Carrel,: oeri~d.                      Year-to-date
		 Taxable
		 PaineWebber Money lund dividends                             $                      .00'           $         4.73
		 Ott,& dividends                                                                     00                    1,831.50 -
		* Total tasablw security earninQa.....................................................00                   1.836.23.
		 Total current year security earninge .      . .              $                      .00            $ .    1,836.23
		 Net security earnings  -                                                            .00                   1,836.23

		 Investment objectiies                                            .               ~       ~ ~
		 The following ratueh ob~ecfiva and risk prattle deSCrIbe the ove,at goats for this     For         you   you choose one
		 return ob]ecniPe and a primetyana if applicable. secor,darydskprofilef A full descrIption at the alterna lives is included On the tack
		 of the lint peg. :11 you dave any questions ?egarding these obje olives or wish to change them, please antact your Financial
		 Advisor or the Branch Manapetat your branch office to update von' arrotint obiecllves.
		* Return objective: Current income & capital appreciation
		 Risk profile:  Primary: Moderate                                   Secondary: None Selected

		 Asset portfolio      -
		 Pilcee, fncoma and current value may be approxImate. RMer to the disclosure on the back of the first page.

																*


																		4


													     Account Instructions
													     Statement copies are sent to 1 interested party.

													     BulletIn Board
													     VISIT WWW.PAINEWEBBER.CGMTO HEAR EDWARD.
													     KERSCHNER CHIEF INVESTMENT STRATEGIST, TALK

													     ABOUT INVESTMENT THEMES, VOLATILITY AND ~
													     THE US. FINANCIAL MARKET ENVIRONMENT.

		Quentltviiace value .   Description                                                               Contract premium       - -Price.    -r . Currant value        - Esutacame
		      .4-
				      $
			  ............
					CASHFUND       -           .                                                                .     1.000                .00.
       -4                               ~p~j$g balance $    .    2.79 Avg yield 6.13% nit period 08/22 - 09125        .    .      -      -     .    .-4.-   ,
       z
					Total

				 -r                 ~                                                                      .   .-     *                -     . .

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Account Number HS 71827 ES
Your Financial Advisor
EMERY FINANCIAL GROUP
713 654-0200/800-553.3119

Page   2of  2

PaineWebber

Investment Account

Activity               an the back oldie first naqa the P±aA'alue presented for restricted securities.
R~ferto the disclosure                    re,~ardino

Date  Activity        . Desc.nbtion                                                         Ovantity       Price I Value/Comment           Amount
																 $        >00

08I3I
09118 TRANSFER
09/18 TRANSFER
09/29

		 Balance forward   -
		 PAINE WEBBER CASHFUND
		 111000 FM CASHFUND

										  -2.000
										-790.000

		 Closing balance

													       $

															   :00

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						       September OathS itBZY ES


4?

September 2000

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NZ6L I 15021.X16