NEW YORK, Dec. 29 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today began trading Merrill Lynch's Accelerated Return Bear Market Notes Linked to the Performance of the Philadelphia Stock Exchange (PHLX) Housing Sector Index. Priced at $10.00 with an initial offer size of 8,300,000 shares, this equity trades under the ticker symbol MPL and has a maturity date of March 22, 2007. The notes are issued by Merrill Lynch. The Amex specialist unit is Wolverine Trading Group LLP. If you would like to receive a copy of the prospectus for MPL, please contact the Capital Markets Group at the American Stock Exchange at or call (212) 306-1659. The American Stock Exchange(R) (Amex(R)) is the only primary exchange that offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 150 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. DATASOURCE: American Stock Exchange CONTACT: Catherine Chantharaj, American Stock Exchange, +1-212-306-1689, Web site: http://www.amex.com/

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