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MERRILL LYNCH EUROFUND Supplement dated April 28, 2000 to the Prospectus dated January 31, 2000 The section entitled "Details About the Fund--About the Portfolio Manager" is amended to delete the paragraph containing information relating to the portfolio manager in its entirety and to substitute the following: James A. MacMillan is the portfolio manager of the Fund. Mr. MacMillan has been a portfolio manager of the Manager or its affiliates since 1993. Code #10475-01-00ALL
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