Nikkei 225 MITTS(R) Listed

Apr 25, 2001, 01:00 ET from The American Stock Exchange

    NEW YORK, April 25 /PRNewswire Interactive News Release/ -- The American
 Stock Exchange today began trading Merrill Lynch & Co., Inc. Callable Market
 Index Target-Term Securities(R), or MITTS(R) based upon the Nikkei 225 Index.
 Trading under the ticker symbol NML, 2 million shares of the new seven-year
 securities of Merrill Lynch & Co., Inc. were issued at 100% of the principal
 amount
 ($10.00 each) and will not bear any interest.
     The MITTS, while not redeemable by the investor, may be called by the
 issuer only during the month of June, 2007.  Each $10 principal amount of the
 securities will be deemed a "Unit" for the purpose of trading and transfer.
     The securities provide that, at minimum, fully 100% of the principal
 amount ($10 per unit) will be returned at maturity on June 27, 2007.
     At maturity, the owner of the MITTS will receive $10, plus a supplemental
 redemption amount, if any, based on the following formula:
 
                        $10 x (Ending Value - 13,743.18)
                                  (13,743.18)
 
     Merrill Lynch & Co. is both the issuer and the underwriter for NML.  The
 Amex specialist unit for the new listing is Bear Hunter/HYY Specialists.  NML
 will be quoted and traded as an equity, issued in round lots of 100.
     For further information on callable MITTS(R) based upon the Nikkei 225
 Index, please contact the Capital Markets Group at the American Stock Exchange
 at 212-306-1659.
 
     The American Stock Exchange(R), a subsidiary of the National Association
 of Securities Dealers, Inc. NASD(R)), is the only primary exchange that offers
 trading across a full range of equities, Exchange Traded Funds (ETFs),
 including structured products and HOLDRS(SM), and options.  In addition to its
 role as a national equities market, the Amex is the leader in ETF listings,
 listing 97 ETFs to date, and is the second-largest options exchange in the
 U.S., trading options on broad-based and sector indexes as well as domestic
 and foreign stocks.  For more information, visit http://www.amex.com.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X55713424
 
 

SOURCE The American Stock Exchange
    NEW YORK, April 25 /PRNewswire Interactive News Release/ -- The American
 Stock Exchange today began trading Merrill Lynch & Co., Inc. Callable Market
 Index Target-Term Securities(R), or MITTS(R) based upon the Nikkei 225 Index.
 Trading under the ticker symbol NML, 2 million shares of the new seven-year
 securities of Merrill Lynch & Co., Inc. were issued at 100% of the principal
 amount
 ($10.00 each) and will not bear any interest.
     The MITTS, while not redeemable by the investor, may be called by the
 issuer only during the month of June, 2007.  Each $10 principal amount of the
 securities will be deemed a "Unit" for the purpose of trading and transfer.
     The securities provide that, at minimum, fully 100% of the principal
 amount ($10 per unit) will be returned at maturity on June 27, 2007.
     At maturity, the owner of the MITTS will receive $10, plus a supplemental
 redemption amount, if any, based on the following formula:
 
                        $10 x (Ending Value - 13,743.18)
                                  (13,743.18)
 
     Merrill Lynch & Co. is both the issuer and the underwriter for NML.  The
 Amex specialist unit for the new listing is Bear Hunter/HYY Specialists.  NML
 will be quoted and traded as an equity, issued in round lots of 100.
     For further information on callable MITTS(R) based upon the Nikkei 225
 Index, please contact the Capital Markets Group at the American Stock Exchange
 at 212-306-1659.
 
     The American Stock Exchange(R), a subsidiary of the National Association
 of Securities Dealers, Inc. NASD(R)), is the only primary exchange that offers
 trading across a full range of equities, Exchange Traded Funds (ETFs),
 including structured products and HOLDRS(SM), and options.  In addition to its
 role as a national equities market, the Amex is the leader in ETF listings,
 listing 97 ETFs to date, and is the second-largest options exchange in the
 U.S., trading options on broad-based and sector indexes as well as domestic
 and foreign stocks.  For more information, visit http://www.amex.com.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X55713424
 
 SOURCE  The American Stock Exchange