The American Stock Exchange Lists Strategic Return Notes Linked to the Select Utility Index
20 April 2004 - 8:10PM
PR Newswire (US)
The American Stock Exchange Lists Strategic Return Notes Linked to
the Select Utility Index NEW YORK, April 20 /PRNewswire/ -- The
American Stock Exchange(R) (Amex(R)) today began trading Merrill
Lynch & Co., Inc. Strategic Return Notes linked to the Select
Utility Index, due February 25, 2009. Trading under the ticker
symbol UUD, 7.6 million shares of the new five-year securities of
Merrill Lynch & Co., Inc. were issued at 100% of the principal
amount ($10.00 each) and will not bear any interest. Each $10.00
principal amount of the securities will be deemed a "Unit" for the
purpose of trading and transfer. These securities are exchangeable
at the holders option for a cash payment during a specified period
of each year from 2005 through 2008 as described in the prospectus
supplement. There are no payments prior to maturity unless
exchanged. At maturity, or upon exchange, holders will receive a
cash amount based upon on the percentage change in the value of the
Select Utility Index. Merrill Lynch & Co., Inc. is the issuer
of UUD. The Amex specialist unit for the new listing is
AGS/STR/OTA. If you would like to receive a copy of the prospectus
for UUD, please contact the Capital Markets Group at the American
Stock Exchange at (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 138
ETFs. 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. For more information, please visit
http://www.amex.com/. DATASOURCE: American Stock Exchange CONTACT:
Media - Lynn Duffy of the American Stock Exchange, +1-212-306-1654,
Web site: http://www.amex.com/
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