New Issue: Merrill Lynch prices $55.6 million Accelerated Return Notes linked to S&P MidCap 400

By Jennifer Chiou

New York, Aug. 8 - Merrill Lynch & Co., Inc. priced a $55.6 million offering of Accelerated Return Notes due Aug. 8, 2007 linked to the S&P MidCap 400 index, according to a 424B3 filing with the Securities and Exchange Commission.

At maturity, the notes will pay triple the gain on the index, capped at a maximum total payment of $11.50 per $10.00 unit. Investors will participate fully in any decline in the index.

Issuer:	Merrill Lynch & Co., Inc.
Issue:	Accelerated Return Notes medium-term senior unsecured series C notes
Underlying index:	S&P MidCap 400
Amount:	$55.6 million
Maturity:	Aug. 8, 2007
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Triple the gain on the index, capped at $11.50 per $10.00 principal amount; full exposure to any decline
Call:	Non-callable
Pricing date:	Aug. 2
Settlement date:	Aug. 8
Underwriter:	Merrill Lynch & Co.
Listing:	"ANM" on the American Stock Exchange

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