Merrill Lynch and Co. Incorporated

ISIN CODE.XS0070683106
Our Ref. M09085
Merril Lynch and Company Inc
USD 20,100,000 MTN
Due 07/2006 FRN
INTEREST PERIOD. 27/10/2003 TO 27/01/2004
VALUE DATE.27/01/2004
INTEREST RATE. 1.28813PCT
NUM OF DAYS.92
DAY BASIS.Actual/360
CURRENCY CODE.USD
INTEREST AMT PER DENOM.
USD 100,000 IS USD 329.19
POOL FACTOR. N/A