Exhibit 99(i) MERRILL LYNCH & CO., INC. PRELIMINARY UNAUDITED EARNINGS SUMMARY For the Three Months Ended Percent Inc / (Dec) ------------------------------------------- ----------------------- December 31, September 24, December 25, 4Q99 vs. 4Q99 vs. (in millions, except per share amounts) 1999 1999 1998 3Q99 4Q98 ------------ ------------- ------------ ---------- ---------- NET REVENUES Commissions $ 1,735 $ 1,440 $ 1,424 20.5 % 21.8 % Principal transactions 794 1,059 211 (25.0) 276.3 Investment banking 1,125 948 824 18.7 36.5 Asset management and portfolio service fees 1,301 1,183 1,046 10.0 24.4 Other 296 117 256 153.0 15.6 ------- ------- ------- Subtotal 5,251 4,747 3,761 10.6 39.6 Interest and dividends 4,019 3,665 4,084 9.7 (1.6) Interest expense 3,375 3,144 3,764 7.3 (10.3) ------- ------- ------- Net interest profit 644 521 320 23.6 101.3 TOTAL NET REVENUES 5,895 5,268 4,081 11.9 44.4 ------- ------- ------- NON-INTEREST EXPENSES Compensation and benefits 2,916 2,746 2,218 6.2 31.5 Communications and technology 541 481 438 12.5 23.5 Occupancy and related depreciation 252 230 222 9.6 13.5 Advertising and market development 236 190 107 24.2 120.6 Brokerage, clearing, and exchange fees 184 170 174 8.2 5.7 Professional fees 163 144 93 13.2 75.3 Goodwill amortization 57 57 61 - (6.6) Other 386 359 249 7.5 55.0 ------- ------- ------- TOTAL NON-INTEREST EXPENSES 4,735 4,377 3,562 8.2 32.9 ------- ------- ------- EARNINGS BEFORE INCOME TAXES AND DIVIDENDS ON PREFERRED SECURITIES ISSUED BY SUBSIDIARIES 1,160 891 519 30.2 123.5 Income tax expense 346 271 119 27.7 190.8 Dividends on preferred securities issued by subsidiaries 50 48 41 4.2 22.0 ------- ------- ------- NET EARNINGS $ 764 $ 572 $ 359 33.6 112.8 ======= ======= ======= Preferred stock dividends $ 9 $ 10 $ 10 (10.0) (10.0) ------- ------- ------- NET EARNINGS APPLICABLE TO COMMON STOCKHOLDERS $ 755 $ 562 $ 349 34.3 116.3 ======= ======= ======= EARNINGS PER COMMON SHARE Basic $ 2.03 $ 1.52 $ 0.97 33.6 109.3 Diluted 1.80 1.34 0.86 34.3 109.3 AVERAGE SHARES Basic 372.0 370.3 359.9 0.5 3.4 Diluted 420.6 419.1 404.9 0.4 3.9 - ------------------------------------------------------------------------------------------------------------------------------- CASH BASIS (1) Net Earnings $ 821 $ 629 $ 420 30.5 95.5 Earnings per Common Share - Basic 2.18 1.67 1.14 30.5 91.2 Earnings per Common Share - Diluted 1.93 1.48 1.01 30.4 91.1 - ------------------------------------------------------------------------------------------------------------------------------- (1) Cash basis excludes goodwill amortization. Note: Certain prior period amounts have been restated to conform to the current period presentation.

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Exhibit 99(i) MERRILL LYNCH & CO., INC. PRELIMINARY UNAUDITED EARNINGS SUMMARY For the Year Ended ---------------------------- December 31, December 25, Percent (in millions, except per share amounts) 1999 1998 Inc / (Dec) ------------ ------------ ----------- NET REVENUES Commissions $ 6,334 $ 5,799 9.2 % Principal transactions 4,361 2,651 64.5 Investment banking 3,614 3,264 10.7 Asset management and portfolio service fees 4,753 4,202 13.1 Other 720 623 15.6 ------- ------- Subtotal 19,782 16,539 19.6 Interest and dividends 15,097 18,035 (16.3) Interest expense 13,010 17,027 (23.6) ------- ------- Net interest profit 2,087 1,008 107.0 TOTAL NET REVENUES 21,869 17,547 24.6 ------- ------- NON-INTEREST EXPENSES Compensation and benefits 11,153 9,199 21.2 Communications and technology 2,038 1,749 16.5 Occupancy and related depreciation 941 867 8.5 Advertising and market development 779 688 13.2 Brokerage, clearing, and exchange fees 678 683 (0.7) Professional fees 567 552 2.7 Goodwill amortization 227 226 0.4 Provision for costs related to staff reductions - 430 N/M Other 1,408 1,057 33.2 ------- ------- TOTAL NON-INTEREST EXPENSES 17,791 15,451 15.1 ------- ------- EARNINGS BEFORE INCOME TAXES AND DIVIDENDS ON PREFERRED SECURITIES ISSUED BY SUBSIDIARIES 4,078 2,096 94.6 Income tax expense 1,265 713 77.4 Dividends on preferred securities issued by subsidiaries 195 124 57.3 ------- ------- NET EARNINGS $ 2,618 $ 1,259 107.9 ======= ======= Preferred stock dividends $ 38 $ 39 (2.6) ------- ------- NET EARNINGS APPLICABLE TO COMMON STOCKHOLDERS $ 2,580 $ 1,220 111.5 ======= ======= EARNINGS PER COMMON SHARE Basic $ 7.00 $ 3.43 104.1 Diluted 6.17 3.00 105.7 AVERAGE SHARES Basic 368.7 355.6 3.7 Diluted 418.1 406.3 2.9 - ---------------------------------------------------------------------------------------------------- CASH BASIS (1) Net Earnings $ 2,845 $ 1,485 91.6 Earnings per Common Share - Basic 7.61 4.07 87.0 Earnings per Common Share - Diluted 6.71 3.56 88.5 - ---------------------------------------------------------------------------------------------------- (1) Cash basis excludes goodwill amortization. Note: Certain prior period amounts have been restated to conform to the current period presentation. N/M Not meaningful.

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