Merrill Lynch & Co., Inc.
                  

                           Merrill Lynch and Co., Inc
                    Issue of USD 25,000,000 CMS Linked Notes
                   Due November 23 2015 Series 2779 Tranche 1
                                       MTN

                                  XS0234653292

Please be advised that the Issuer has repurchased USD 6,000,000 of the above
issue with value 01.11.2007.

The new outstanding is USD 15,000,000

Please arrange for this to be reflected in your records.