MERRILL LYNCH GROWTH FUND
Supplement dated January 22, 1999
To the Prospectus dated January 30, 1998
The disclosure set forth under "Management of the Fund -
Management and Advisory Arrangements" is modified as follows:
Effective January 22, 1999, the portfolio manager of the Fund
is Stephen I. Silverman. Mr. Silverman has been a First Vice
President of MLAM since 1997 and a Portfolio Manager thereof
since 1983. He previously was Vice President of MLAM from
1983 to 1997.
MERRILL LYNCH GROWTH FUND
Supplement dated January 22, 1999
To the Statement of Additional Information dated
January 30, 1998
The disclosure set forth under "Management of the Fund -
Trustees and Officers" is modified as follows:
Stephen I. Silverman (48) - Senior Vice President and
Portfolio Manager of the Fund (1)(2) - First Vice President
of MLAM since 1997 and a Portfolio Manager thereof since
1983; Vice President of MLAM from 1983 to 1997.
