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                     MERRILL LYNCH WORLD INCOME FUND, INC.
       SUPPLEMENT DATED APRIL 29, 1994 TO PROSPECTUS DATED APRIL 29, 1994
 
                      (FOR USE IN THE STATE OF WASHINGTON)
 
                THIS FUND IS CONSIDERED TO BE HIGHLY SPECULATIVE
 
  THE FUND MAY INVEST PRIMARILY IN LOWER RATED BONDS, COMMONLY KNOWN AS "JUNK
BONDS." INVESTMENTS OF THIS TYPE ARE SUBJECT TO GREATER RISK OF LOSS OF
PRINCIPAL AND INTEREST THAN ARE HIGHER RATED BONDS. PURCHASERS SHOULD CAREFULLY
ASSESS THE RISKS ASSOCIATED WITH AN INVESTMENT IN THIS FUND.
 
Code #16102WA



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