Merrill Lynch & Co., Inc., is a Delaware corporation that, through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. Merrill Lynch offers these products and services to individual investors, businesses of all sizes, governments and governmental agencies as well as financial institutions. Merrill Lynch is organized into three interrelated businesses:
Global Markets and Investment Banking Group (GMI) 
GMI encompasses Merrill Lynch's institutional securities and advisory businesses, capitalizing on the firm's worldwide presence and resources, market intelligence, product innovation and leading scale positions in the capital markets, with a focus on delivering value-added advisory services and complete solutions to clients.

http://www.ml.com

MERRILL LYNCH REPORTS SECOND QUARTER 2008 NET LOSS FROM CONTINUING OPERATIONS OF $4.6 BILLION
MERRILL LYNCH COMPLETES SALE OF BLOOMBERG AND ANNOUNCES EXPECTED SALE OF FINANCIAL DATA SERVICES IN DEALS VALUED AT APPROXIMATELY $8 BILLION IN AGGREGATE
Merrill Lynch today reported a net loss from continuing operations for the second quarter of 2008 of $4.6 billion, or $4.95 per diluted share, compared to net earnings from continuing operations of $2.0 billion, or $2.10 per diluted share, for the second quarter of 2007.  Merrill Lynch’s net loss for the second quarter of 2008 was $4.7 billion, or $4.97 per diluted share, compared to net earnings of $2.1 billion, or $2.24 per diluted share, for the year-ago quarter.  Second quarter 2008 results included a restructuring charge of $445 million pre-tax ($286 million after-tax) arising from headcount reductions completed during the quarter.
Subsequent to the end of the second quarter, Merrill Lynch continues to enhance its capital position.  Earlier today, Merrill Lynch completed the sale of its 20% ownership stake in Bloomberg, L.P. to Bloomberg Inc., for $4.425 billion, and as part of this transaction has entered into a long-term service agreement.  Merrill Lynch is also in negotiations and has signed a non-binding letter of intent to sell a controlling interest in Financial Data Services, Inc. (FDS), based on an enterprise value for FDS in excess of $3.5 billion.  FDS is currently a wholly-owned subsidiary of Merrill Lynch and is a provider of administrative functions for mutual funds, retail banking products and other services within Global Wealth Management (GWM).  Merrill Lynch has provided Bloomberg Inc. with debt financing and intends to provide debt financing for the FDS transaction on a commercially reasonable basis.
“Our core franchise continues to perform well despite the extremely challenging market environment,” said John A. Thain, chairman and chief executive officer.  “Against this backdrop, we increased our excess liquidity pool to a record level of $92 billion and significantly reduced our exposures in key asset classes.  Importantly, with the transactions we announced today, we are bolstering our capital base and continue to move forward on our risk management and strategic growth initiatives.” 
The full earnings release and an Excel spreadsheet containing firm’s financial results (including non-GAAP reconciliations for adjusted book value per common share and financial measures excluding certain adjustments from net revenues) are attached.
Merrill Lynch today announced that Thomas K. Montag, 51, has been appointed head of global sales and trading. Mr. Montag will report directly to John A. Thain, chairman and CEO of Merrill Lynch.
 "I am very pleased that Tom Montag, a proven leader with extensive industry knowledge and experience, is joining the senior management team of Merrill Lynch in this very important role," said John Thain. "Tom is one of the most highly skilled and knowledgeable people in the securities industry. With over 20 years of experience in the United States and internationally Tom will help drive the firm's strategy in key markets around the world." 
In his role, Mr. Montag will be responsible for all the firm's global sales and trading activities across debt and equities.
Most recently, Mr. Montag was with Goldman Sachs Group Inc. for over 22 years where he was co-head of the global securities business and a member of the company's management committee when he left the company in December, 2007. Prior to being co-head of the global securities business he was co-president of Goldman Sachs' Japanese operations since 2001 and before that ran the firm's global derivatives business.

MERRILL LYNCH REPORTS FIRST QUARTER 2008 NET LOSS FROM CONTINUING OPERATIONS OF $1.97 BILLION 
RECORD QUARTERLY NET REVENUES IN GLOBAL WEALTH MANAGEMENT
Merrill Lynch today reported a net loss from continuing operations for the first quarter of 2008 of $1.97 billion, or $2.20 per diluted share, compared to net earnings from continuing operations of $2.03 billion, or $2.12 per diluted share for the first quarter of 2007. Merrill Lynch's net loss for the first quarter of 2008 was $1.96 billion, or $2.19 per diluted share, compared to net earnings of $2.16 billion, or $2.26 per diluted share for the year-ago quarter. 
In this challenging market environment, which continued to deteriorate during the quarter, first quarter 2008 net revenues were $2.9 billion, down 69% from the prior-year period, primarily due to net write-downs totaling $1.5 billion related to U.S. ABS CDOs* and credit valuation adjustments of negative $3.0 billion related to hedges with financial guarantors, most of which related to U.S. super senior ABS CDOs. To a lesser extent, net revenues were also impacted by net write-downs related to leveraged finance and residential mortgage exposures, which were offset by a net benefit of $2.1 billion due to the impact of the widening of Merrill Lynch's credit spreads on the carrying value of certain of our long-term debt liabilities. Excluding these write-downs, credit valuation adjustments and the net benefit related to long-term debt liabilities, net revenues were $7.4 billion*, down 26% from the prior-year period.
"Despite this quarter's loss, Merrill Lynch's underlying businesses produced solid results in a difficult market environment," said John A. Thain, chairman and chief executive officer.  "The firm's $82 billion excess liquidity pool has increased from year-end levels, and we remain well-capitalized. In addition, our global franchise is positioned strongly for the future, and we continue to invest in key growth areas and regions." 
* ABS CDOs are defined as collateralized debt obligations comprised of asset-backed securities.
** See Merrill Lynch's Investor Relations website at www.ir.ml.com for a reconciliation of non-GAAP measures

28/01/08 NEW YORK, January 28, 2008 - The board of directors of Merrill Lynch & Co., Inc. NYSE:MER) declared a regular quarterly dividend of 35 cents per common share payable March 5, 2008, to shareholders of record on February 14, 2008. 
In addition, the finance committee of the board of directors of Merrill Lynch & Co., Inc. declared the following dividends on shares of preferred stock:
-   $444.91 per share of Floating Rate Non-Cumulative Preferred Stock, Series 1 equivalent to $0.3708 per Depositary Share (NYSE: MERPRG)
-   $437.24 per share of Floating Rate Non-Cumulative Preferred Stock, Series 2 equivalent to $0.3644 per Depositary Share (NYSE: MERPRH)
-   $478.13 per share of 6.375% Non-Cumulative Preferred Stock, Series 3 equivalent to $0.3984 per Depositary Share (NYSE: MERPRI)
-   $444.91 per share of Floating Rate Non-Cumulative Preferred Stock, Series 4 equivalent to $0.3708 per Depositary Share (NYSE: MERPRJ)
-   $420.28 per share of Floating Rate Non-Cumulative Preferred Stock, Series 5 equivalent to $0.3502 per Depositary Share (NYSE: MERPRL)
-   $16.75 per share of Floating Rate Non-Cumulative Preferred Stock, Series 6 equivalent to $0.418750 per Depositary Share (NYSE: MERPRN)
-  $15.63 per share of Floating Rate Non-Cumulative Preferred Stock, Series 7 equivalent to $0.390625 per Depositary Share (NYSE: MERPRO)
Series 1, 2, 3 & 4 dividends are payable February 28, 2008, to holders of record on February 14, 2008.  Series 5 dividends are payable February 21, 2008, to holders of record on February 7, 2008.  Series 6 and 7 dividends are payable March 28, 2008, to holders of record on March 7, 2008.

17/01/08 MERRILL LYNCH REPORTS FULL YEAR 2007 NET LOSS FROM CONTINUING OPERATIONS OF $8.6 BILLION 
RECORD FULL YEAR 2007 NET REVENUES FROM EQUITY MARKETS, INVESTMENT BANKING AND GLOBAL PRIVATE CLIENT
Merrill Lynch today reported a net loss from continuing operations for the full year 2007 of $8.6 billion, or $10.73 per diluted share, significantly below net earnings from continuing operations of $7.1 billion, or $7.17 per diluted share for 2006.
For the fourth quarter of 2007, net revenues were negative $8.2 billion, down from $8.4 billion in the prior-year period. The net loss from continuing operations for the fourth quarter was $10.3 billion, or $12.57 per diluted share, down substantially from net earnings from continuing operations of $2.2 billion in the prior-year quarter.
The firm's substantially reduced performance in 2007 was primarily driven by significant declines in Fixed Income, Currencies & Commodities (FICC) net revenues for the second half of the year, which more than offset record full year net revenues in Equity Markets, Investment Banking and Global Private Client, and record first half net revenues from FICC. During the second half of 2007, FICC net revenues were materially impacted by a weaker business environment and net write-downs that included $7.9 billion in the third quarter and $11.5 billion in the fourth quarter related to U.S. ABS CDOs and U.S. sub-prime residential mortgages outside of the firm's U.S. bank-related investment securities portfolio. In addition, credit valuation adjustments of $2.6 billion related to hedges with financial guarantors on U.S. ABS CDOs were recorded in the fourth quarter of 2007. 
"While the firm's earnings performance for the year is clearly unacceptable, over the last few weeks we have substantially strengthened the firm's liquidity and balance sheet," said John A. Thain, chairman and chief executive officer. "In addition, a great majority of Merrill Lynch's key businesses delivered record results in 2007, and as I look ahead to 2008, the firm is intensely focused on continuing this momentum and delivering growth and increased profitability for our shareholders and employees."

24/10/07 MERRILL LYNCH REPORTS THIRD QUARTER 2007 NET LOSS FROM CONTINUING OPERATIONS OF $2.85 PER DILUTED SHARE
RECORD NET REVENUES FROM GLOBAL PRIVATE CLIENT, EQUITY MARKETS AND INVESTMENT BANKING FOR THE FIRST NINE MONTHS OF 2007
Today Merrill Lynch reported a net loss from continuing operations for the third quarter of $2.3 billion, or $2.85 per diluted share, significantly below net earnings of $2.22 per diluted share for the second quarter of 2007 and $3.14 for the third quarter of 2006. Third quarter 2006 net earnings per diluted share, excluding the impact of the one-time, after-tax net benefit of $1.1 billion ($1.8 billion pre-tax) related to the merger of Merrill Lynch Investment Managers and BlackRock, were $1.97.
Third quarter 2007 results reflect significant net write-downs and losses attributable to Merrill Lynch's Fixed Income, Currencies & Commodities (FICC) business, including write-downs of $7.9 billion across CDOs and U.S. sub-prime mortgages, which are significantly greater than the incremental $4.5 billion write-down Merrill Lynch disclosed at the time of its earnings pre-release. These write-downs and losses were partially offset by strong revenues in Global Wealth Management, Equity Markets, and Investment Banking, particularly in regions outside of the U.S.  The results described above and herein, exclude Merrill Lynch Insurance Group which is reported under discontinued operations.