Filed Pursuant to Rule 497(d)
File No. 333-7919
MERRILL LYNCH VARIABLE SERIES FUNDS, INC.
Supplement dated September 11, 1996
to the
Proxy Statement-Prospectus of the Company dated August 30, 1996
and
Statement of Additional Information of the Company dated August
30, 1996
The Proxy Statement-Prospectus and Statement of Additional
Information of Merrill Lynch Variable Series Funds, Inc. (the
"Company"), each dated August 30, 1996, currently provide that the
date of the Annual Meeting of Stockholders of the Company is
"Monday, October 11, 1996." All references to "Monday, October 11,
1996" in the Proxy Statement-Prospectus and Statement of Additional
Information are hereby corrected to read as "Friday, October 11,
1996."