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MERRILL LYNCH KECALP L.P. 1994
Supplement to Prospectus Dated April 15, 1994
For Maine Investors
Only employees of Merrill Lynch & Co., Inc. and its subsidiaries are
eligible to purchase the Units. Residents of Maine must meet the following
suitability standards with respect to means and net worth: (1) The employee
must have individual net worth, or joint net worth with a spouse, at the time
of purchase in excess of $1,000,000; or (2) The employee must have individual
income in excess of $200,000 in each of the two most recent years, or joint
income with a spouse in excess of $300,000 in each of those years, and have a
reasonable expectation of reaching the same income level in the current year.