SUPPLEMENT DATED FEBRUARY 15, 1996
TO THE PROSPECTUS DATED JUNE 2, 1995
FOR
MERRILL LYNCH VARIABLE SERIES FUNDS, INC.
The disclosure appearing under the caption "Portfolio
Managers" is amended by adding the following:
Effective November 1, 1995, Thomas R. Robinson is responsible
for the day-to-day management of Global Strategy Focus Fund. Mr.
Robinson has been a Senior Portfolio Manager of the Company since
1995. Prior thereto, Mr. Robinson was employed by Merrill Lynch &
Co.'s Global Securities Research & Economics Group where he served
as Manager of International Equity Strategy from 1989 to 1995.
[16097-KIT, 16536-KIT, 16586, 16587
16116-KIT, 16117-KIT, 16142-KIT,
16145-KIT]
