MERRILL LYNCH GLOBAL SMALLCAP FUND, INC.
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Supplement dated August 5, 1997 to the
Statement of Additional Information, dated October 28, 1996
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The section entitled "Management of the Fund" is revised to add the
following:
HUBERTUS AARTS (35) -- Vice President (1)(2) -- Vice President and Portfolio
Manager with Merrill Lynch Asset Management U.K. Limited ("MLAM UK") since
1995; Portfolio Manager with Mees Pierson from 1993 to 1995 and with its
predecessor, Pierson Heldring & Pierson, from 1990 to 1993.
Code#18186-1096ALL