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MERRILL LYNCH HEALTHCARE FUND, INC.
SUPPLEMENT DATED FEBRUARY 7, 1994 TO
PROSPECTUS DATED AUGUST 27, 1993
The first sentence of the second paragraph set forth under "Initial Sales
Charge Alternative -- Class A Shares" is replaced as follows:
Initial sales charges will be waived for shareholders purchasing
$1 million or more in a single transaction (other than an employer
sponsored retirement or savings plan, such as a tax qualified
retirement plan under Section 401 of the Internal Revenue Code of
1986, as amended (the "Code"), a deferred compensation plan under
Section 403(b) and Section 457 of the Code, other deferred
compensation arrangements, VEBA plans and non-qualified After Tax
Savings and Investment programs maintained on the Merrill Lynch
Group Employee Services system herein referred to as "Employer
Sponsored Retirement or Savings Plans"), or a purchase by a TMAsm
Managed Trust, of Class A shares of the Company.
In addition, the disclosure set forth under "Initial Sales Charge
Alternative -- Class A Shares -- Reduced Initial Sales Charges" is amended to
reflect that Class A shares are offered at net asset value to certain Employer
Sponsored Retirement or Savings Plans, provided such plans meet the required
minimum number of eligible employees or required amount of assets advised by the
Company's investment adviser or any of its affiliates.
Additional information regarding investments by Employer Sponsored
Retirement or Savings Plans may be obtained from your Merrill Lynch financial
consultant.
Code #10166ALL-2
