<PAGE>
MERRILL LYNCH ASSET BUILDER PROGRAM, INC.
December 21, 1995
Securities and Exchange Commission
450 Fifth Street, N.W.
Judiciary Plaza
Washington, D.C. 20549
Attention: Division of Investment Management
Re: Merrill Lynch Asset Builder Program, Inc.
Post-Effective Amendment No. 4 to the
Registration Statement on Form N-1A
(Securities Act File No. 33-53887;
Investment Company Act File No. 811-7177)
-----------------------------------------
Ladies and Gentlemen:
Pursuant to Rule 497(j) under the Securities Act of 1933, as amended
(the "1933 Act"), Merrill Lynch Asset Builder Program, Inc. (the "Fund")
hereby certifies that:
(1) the form of prospectus and statement of additional
information that would have been filed pursuant to Rule
497(c) under the 1933 Act would not have differed from that
contained in Post-Effective Amendment No. 4 to the Fund's
Registration Statement on Form N-1A, constituting the most
recent amendment to the Fund's Registration Statement on
Form N-1A; and
(2) the text of Post-Effective Amendment No. 4 to the Fund's
Registration Statement on Form N-1A was filed electronically
with the Securities and Exchange Commission on December 19,
1995.
Very truly yours,
MERRILL LYNCH ASSET BUILDER PROGRAM, INC.
By: /s/ Mark B. Goldfus
------------------------------------