MERRILL LYNCH GLOBAL VALUE FUND, INC.
Supplement Dated September 3, 1996 to the
Prospectus Dated September 3, 1996
FOR USE IN THE STATE OF OHIO
THE FUND IS A NON-DIVERSIFIED, OPEN-END, MANAGEMENT INVESTMENT COMPANY.
CONSEQUENTLY, INVESTMENT IN THE FUND MAY INVOLVE A HIGHER DEGREE OF RISK THAN
INVESTMENT IN OPEN-END, DIVERSIFIED INVESTMENT COMPANIES BECAUSE, ALTHOUGH
THE FUND MAY NOT PURCHASE MORE THAN 10% OF THE VOTING SECURITIES OF ANY ONE
ISSUER WITH REGARD TO 50% OF THE FUND'S ASSETS, THE REMAINING ASSETS MAY BE
INVESTED WITHOUT THIS RESTRICTION. SEE "INVESTMENT RESTRICTIONS--NON-
DIVERSIFIED STATUS".
THIS PROSPECTUS MUST BE DELIVERED TO OHIO INVESTORS PRIOR TO THE
CONSUMMATION OF THE SALE OF FUND SHARES.
Code # 19001-0996OH