Merrill Lynch Declares Dividends on Common and Preferred Stock

Business Wire, Jan 25, 2005

> NEW YORK -- The Merrill Lynch & Co., Inc. (NYSE: MER) board of directors declared a regular quarterly dividend of 16 cents per common share, payable February 28, 2005, to shareholders of record on February 4, 2005. In addition, the Merrill Lynch & Co., Inc. finance committee of the board of directors declared a dividend of $297.50 per share of Floating Rate Non-Cumulative Preferred Stock, Series 1 (equivalent to $0.2479 per Depositary Share), payable February 28, 2005, to shareholders of record on February 4, 2005.