MERRILL LYNCH INTERNATIONAL EQUITY FUND
SUPPLEMENT DATED APRIL 24, 1998 TO THE
PROSPECTUS DATED AUGUST 29, 1997
The seventh paragraph under "Management of the Fund - Advisory and
Management Arrangements," which provides information about the portfolio
manager of the Fund, is revised by deleting the information relating to
Andrew John Bascand and adding the following:
Clive D. Lang has become the Portfolio Manager of the Fund effective
April 20, 1998. Mr. Lang is the Asset Allocator for the Fund and, as such,
is primarily responsible for determining the allocation of the Fund's assets
among world markets. Mr. Lang has been associated with MLAM U.K. and has
served as a Senior Quantitative Analyst for the Fund since 1996, and was
prior to that the Chief Investment Officer of Panagora Asset Management
Limited.
Code #16747-0897ALL
