MERRILL LYNCH NEW JERSEY MUNICIPAL BOND FUND OF
MERRILL LYNCH MULTI-STATE MUNICIPAL SERIES TRUST
SUPPLEMENT DATED DECEMBER 30, 1997 TO
PROSPECTUS DATED NOVEMBER 14, 1997
The third paragraph under "Management of the Trust -- Management and
Advisory Arrangements," which provides the name and biography of the
portfolio manager of the Fund, is revised as follows:
Robert D. Sneeden is the Portfolio Manager of the Fund and is
responsible for the day-to-day management of the Fund's investment portfolio.
He has been an Assistant Vice President of MLAM since 1994. Prior to that he
was a Vice President of Lehman Brothers Inc. from 1990 to 1994.
Code #11104-1197ALL
