MERRILL LYNCH GLOBAL CONVERTIBLE SECURITIES FUND INC
497, 1998-02-20
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                   Merrill Lynch Global Convertible Fund, Inc.

                              _____________

                    Supplement dated February 20, 1998 to the
  Prospectus and Statement of Additional Information dated February 18, 1998

                              _____________


The sale of new shares of the Fund and the acquisition of Fund shares pursuant
to the exchange privilege have not been suspended for certain group retirement
plans. 



Code    # 10665-0298
        # 10666-0298




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