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Published on 4/6/2006 in the Prospect News Convertibles Daily.

New Issue: Merrill Lynch prices $137 million accelerated return notes linked to four international indexes

By Angela McDaniels

Seattle, April 6 - Merrill Lynch & Co., Inc. priced $137 million of 0% accelerated return notes due June 6, 2007 linked to a basket of four international indexes, according to a 424B3 filing with the Securities and Exchange Commission.

The basket includes the Nikkei 225, S&P/ASX 200, Hang Seng and Dow Jones Euro Stoxx 50 indexes, equally weighted.

At maturity, the notes pay out triple any gain on the index basket, capped at $11.80 per $10.00 principal amount. Investors have full exposure to any decline.

Issuer:Merrill Lynch & Co., Inc.
Issue:Accelerated return medium-term senior unsecured notes, series C
Underlying basket:Nikkei 225 Index, S&P/ASX 200 Index, Hang Seng Index, Dow Jones Euro Stoxx 50 Index, equally weighted.
Amount:$137 million
Maturity:June 6, 2007
Coupon:0%
Price:Par of $10.00
Payout at maturity:Triple the gain on the index, capped at $11.80 per $10.00 principal amount; full exposure to any decline
Call:Non-callable
Pricing date:March 30
Settlement date:April 6
Underwriter:Merrill Lynch & Co.

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