Merrill Lynch and Co. Incorporated

ISIN CODE.XS0072970253
Our Ref. M10552
Merril Lynch and Company Inc
USD 50,000,000 MTN
Due 01/2004 FRN
INTEREST PERIOD.22/10/2003 TO 22/01/2004
VALUE DATE.22/01/2004
INTEREST RATE.1.32PCT
NUM OF DAYS.92
DAY BASIS.Actual/360
CURRENCY CODE.USD
INTEREST AMT PER DENOM.
USD 100,000 IS USD 337.33
POOL FACTOR.N/A