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Merrill Lynch Applauds Federal Reserve Bank of New York's Y2K Protective Measures

    NEW YORK, Sept. 8 /PRNewswire/ -- Merrill Lynch (NYSE: MER) applauds the
measures announced today by the Federal Reserve Bank of New York designed to
assure liquidity in the US financial markets during the period around the
century date change.
    "These moves should provide additional comfort to investors and
institutions who may be concerned about potential Y2K disruptions in the
financial markets," said Merrill Lynch chairman and chief executive officer,
David H. Komansky.  "We believe these protective measures will help ensure
that the US financial markets will operate efficiently and smoothly as the new
century dawns."


SOURCE Merrill Lynch & Co., Inc.




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