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File No. 002-74452
Rule 497(e)
MERRILL LYNCH VARIABLE SERIES FUNDS, INC.
Supplement dated August 18, 1997 to
Prospectus dated April 25, 1997
At the close of business on August 15, 1997, Merrill Lynch
Variable Series Funds, Inc. implemented a change to the name of the
Merrill Lynch Equity Growth Fund to the Merrill Lynch Special Value
Focus Fund.
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