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MERRILL LYNCH ASSET BUILDER PROGRAM, INC.
SUPPLEMENT DATED JANUARY 29, 1996
TO THE PROSPECTUS DATED DECEMBER 19, 1995
The Fund's Prospectus, dated December 19, 1995, is supplemented as
follows:
Shares of each Portfolio are available for purchase by participants in
the Merrill Lynch Employee Access(Service Mark) Account financial service,
an employer-sponsored savings and investment arrangement. Employee Access
Accounts may purchase Class A or Class D shares at net asset value, based on
the number of employees of the company. Employee Access Accounts are not
subject to annual fee waivers based on investments in shares of Portfolios.
Code# 18471-1295ALL