Merrill Lynch Canada Issues MTN\'s

Merrill Lynch’s Canadian finance subsidiary issued an aggregate of $425 million of notes under its medium term note program. The deal closed on September 12, 2003. The notes were issued in three tranches, including two tranches of fixed rate notes due in 2006 and 2008 and a $25 million tranche of step-up extendible notes. The step-up extendible notes will mature in 2005, but may be extended annually at the company’s option at specified interest rates to a final maturity date in 2013. The notes are unconditionally guaranteed by Merrill Lynch & Co., Inc.

Merrill Lynch was represented in-house by Mark Dickerson, corporate secretary, Merrill Lynch Canada Finance Co.; and Conrad Rubin, assistant corporate secretary, Merrill Lynch & Co.; and by Davies Ward Phillips & Vineberg LLP, with a team that included Patricia Olasker, Ryan Voegeli and Brooke Jamison, and Ron Wilson (tax). The dealer group, led by Merrill Lynch & Co., was represented by McMillan Binch LLP, with a team that included Robert Scavone, Jennifer Parkin and James Doris, and David Wentzell (tax).