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PAINEWEBBER ADDS R.P. SCHERER TO ITS FOCUS LIST

 PAINEWEBBER ADDS R.P. SCHERER TO ITS FOCUS LIST
 NEW YORK, March 5 /PRNewswire/ -- PaineWebber Incorporated announced


today that it has added R.P. Scherer Corp. (NYSE: SHR) to its group of stocks known as the PaineWebber Focus List. The Focus List is a dynamic, carefully chosen list of no more than 30 select companies that the firm has rated buy or attractive.
 The Focus List uses a method of stock selection designed to maximize growth potential and minimize risk. The 30 stocks that comprise the Focus List are chosen by a committee of senior PaineWebber professionals whose selection criteria combine elements of fundamental, quantitative and technical analysis.
 After a stock is chosen, it is scrutinized daily and is removed from the list when one of two things happens: the PaineWebber analyst downgrades the stock, or the Focus List's proprietary Stop-Loss discipline indicates that the price threshold has been violated.
 R.P. Scherer Corp., headquartered in Troy, Mich., is the world's largest manufacturer of soft gelatin capsules, and also makes other nutritional and cosmetic products. The company went public in October 1991, at $18 a share. Company revenues were $298.6 million for year ended March 31, 1991.
 Carolyn J. Cole, senior vice president and chairman of the Focus List Committee, said about the selection, "Scherer Corp. is a dominant player in a growing niche market (soft gels), which is well-protected from major competition and is not economically sensitive. If fits with our overall emphasis on companies who can exhibit superior earnings growth in a slower-than-average economic recovery."
 To receive recent performance data or a complete list of stocks on the Focus List and additional information about those stocks, please contact any investment executive at your nearest PaineWebber office.
 PaineWebber Incorporated is one of the nation's leading full-service securities firms with 270 offices and 4,500 investment executives worldwide.
 -0- 3/5/92
 /CONTACT: Beverly T. Spano of PaineWebber, 201-902-6775, or Jeffrey Z. Taufield of Kekst and Company, 212-593-2655, for PaineWebber/
 (SHR) CO: R.P. Scherer Corp.; PaineWebber Incorporated ST: Michigan IN: HOU SU:


SM-OS -- NY073 -- 5615 03/05/92 16:31 EST
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Date:Mar 5, 1992
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