New Issue: Merrill Lynch prices $116 million Accelerated Return Notes linked to MSCI EAFE

By E. Janene Geiss

Philadelphia, Oct. 4 - Merrill Lynch & Co., Inc. priced $116 million Accelerated Return Notes due Dec. 4, 2008 linked to the MSCI EAFE index, according to a 424B3 filing with the Securities and Exchange Commission.

At maturity, the notes pay par plus triple any gain on the index, capped at 16.275%. Investors have full exposure to any decline.

The notes have been approved for listing on the American Stock Exchange under the symbol "EOF."

Merrill Lynch & Co. is the underwriter.

Issuer:	Merrill Lynch & Co., Inc.
Issue:	Accelerated Return Notes
Underlying index:	MSCI EAFE index
Amount:	$116 million
Maturity:	Dec. 4, 2008
Price:	Par of $10
Payout at maturity:	Par plus triple the gain on the index, capped at 16.275%; full exposure to any decline
Initial index level:	2,288.25
Pricing date:	Sept. 27
Settlement date:	Oct. 4
Listing:	"EOF" on American Stock Exchange
Underwriter:	Merrill Lynch & Co.
Fees:	2%

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