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MERRILL LYNCH FILES REGISTRATION STATEMENT IN CONNECTION WITH STOCK-RELATED EMPLOYEE COMPENSATION PLANS

 MERRILL LYNCH FILES REGISTRATION STATEMENT IN CONNECTION WITH
 STOCK-RELATED EMPLOYEE COMPENSATION PLANS
 NEW YORK, Feb. 14 /PRNewswire/ -- Merrill Lynch & Co., Inc. (NYSE: MER) today filed a registration statement with the Securities and Exchange Commission for the sale from time to time of up to 3.5 million common shares, held by a custodian for the benefit of employees, to fund distributions to employees under stock-related compensation plans.
 These shares are expected to be sold over a period of up to two years, as required to fund certain obligations under the compensation plans. The sale of these shares will not be dilutive for either primary or fully diluted earnings per share, since these shares are included in the total average shares used for calculating earnings per share.
 The registration statement filed with the SEC has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time that the registration statement become effective. This communication shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 -0- 2/14/92
 /CONTACT: James Wiggins of Merrill Lynch, 212-449-7280/
 (MER) CO: Merrill Lynch & Co., Inc. ST: New York IN: FIN SU: OFR


JT-KW -- NY076 -- 0414 02/14/92 17:42 EST
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Feb 14, 1992
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