<TABLE> <S> <C>
<PAGE>
<ARTICLE> BD
<RESTATED>
<CIK> 0000799824
<NAME> ML FUTURES EXPANSION FUND LP
<S> <C> <C>
<PERIOD-TYPE> 6-MOS 6-MOS
<FISCAL-YEAR-END> DEC-31-2000 DEC-31-1999
<PERIOD-START> JAN-01-2000 JAN-01-1999
<PERIOD-END> JUN-30-2000 JUN-30-1999
<CASH> 0 0
<RECEIVABLES> 5,914,265 8,532,042
<SECURITIES-RESALE> 0 0
<SECURITIES-BORROWED> 0 0
<INSTRUMENTS-OWNED> 0 0
<PP&E> 0 0
<TOTAL-ASSETS> 5,914,265 8,532,042
<SHORT-TERM> 0 0
<PAYABLES> 101,817 232,312
<REPOS-SOLD> 0 0
<SECURITIES-LOANED> 0 0
<INSTRUMENTS-SOLD> 0 0
<LONG-TERM> 0 0
0 0
0 0
<COMMON> 0 0
<OTHER-SE> 5,812,448 8,299,730
<TOTAL-LIABILITY-AND-EQUITY> 5,914,265 8,532,042
<TRADING-REVENUE> (648,563) 761,631
<INTEREST-DIVIDENDS> 186,155 186,858
<COMMISSIONS> 317,609 558,846
<INVESTMENT-BANKING-REVENUES> 0 0
<FEE-REVENUE> 0 0
<INTEREST-EXPENSE> 0 0
<COMPENSATION> 0 0
<INCOME-PRETAX> (780,017) 389,643
<INCOME-PRE-EXTRAORDINARY> (780,017) 389,643
<EXTRAORDINARY> 0 0
<CHANGES> 0 0
<NET-INCOME> (780,017) 389,643
<EPS-BASIC> (29.86) 13.09
<EPS-DILUTED> (29.86) 13.09
</TABLE>