MERRILL LYNCH MULTI STATE LTD MATURITY MUN SERIES TRUST
497, 1994-10-20
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       MERRILL LYNCH MULTI-STATE LIMITED MATURITY MUNICIPAL SERIES TRUST
                              -------------------

  SUPPLEMENT DATED OCTOBER 21, 1994 TO THE PROSPECTUS DATED OCTOBER 21, 1994.

                            -----------------------

                             FOR ILLINOIS INVESTORS

  The  Merrill Lynch Michigan Limited Maturity Municipal Bond Fund is the only
  fund available  to residents  in  the State  of Illinois.  Residents  cannot
  purchase interests in any of the other funds.

Code # 16925IL


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