16 December 2008

Statement from Merrill Lynch & Co., Inc.

Please find enclosed the statement from Merrill Lynch dated 05 December 2008 for your attention.

The enclosed notice states the announcement that Bank of America's acquisition of Merrill Lynch was approved by Merrill Lynch Stockholders and will become a wholly-owned subsidiary of Bank of America Corporation.

Should you have any enquiries, please do not hesitate to contact your relationship manager.