MERRILL LYNCH GLOBAL SMALLCAP FUND, INC.

                       ________________________________

                    Supplement dated August 5, 1997 to the
                      Prospectus dated October 28, 1996


     The  section entitled "Management  of the Fund--Management  and Advisory
Arrangements" is revised to add the following:

     Hubertus Aarts became a Vice  President of Merrill Lynch Global SmallCap
Fund, Inc. (the "Fund") in  1997.  Mr. Aarts replaces Adrian  Holmes and will
be primarily responsible for the Fund's European investments.

Code#18187-1096ALL



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission