New Issue: Merrill Lynch prices $2.31 million 0% buffered return notes linked to index basket

By Angela McDaniels

Seattle, April 27 - Merrill Lynch & Co., Inc. priced a $2.31 million issue of 0% buffered return notes due Oct. 29, 2010 linked to a basket of indexes, according to a 424B3 filing with the Securities and Exchange Commission.

The basket includes equal weights of the Dow Jones Euro Stoxx 50, Nikkei 225 and S&P 500 indexes.

The payout at maturity will be par plus 120% of any basket gain. Investors will receive par if the basket declines by 20% or less and will lose 1% for each 1% decline beyond 20%.

Merrill Lynch & Co. is the underwriter.

Issuer:	Merrill Lynch & Co., Inc.
Issue:	Buffered return notes
Underlying basket:	Dow Jones Euro Stoxx 50, Nikkei 225 and S&P 500 indexes, equally weighted
Amount:	$2.31 million
Maturity:	Oct. 29, 2010
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 120% of any basket gain; par if basket falls by 20% or less; 1% loss for each 1% decline beyond 20%
Initial index levels:	4,400.12 for Euro Stoxx; 17,455.37 for Nikkei; 1,480.93 for S&P 500
Pricing date:	April 23
Settlement date:	April 30
Underwriter:	Merrill Lynch & Co.
Underwriting discount:	2.5%

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