PROSPECTUS SUPPLEMENT                                         File No. 333-68747
(To Prospectus and Prospectus Supplement dated May 6, 1999)       Rule 424(b)(3)
Prospectus number: 1965


                            Merrill Lynch & Co., Inc.


                           Medium Term Notes, Series B
                   Due Nine Months or More from Date of Issue


                                Fixed Rate Notes


Principal Amount:          $175,000,000


CUSIP Number:              59018S6R4


Interest Rate:             7.52000%


Original Issue Date:       May 9, 2000


Stated Maturity Date:      May 3, 2002


Interest Payment Dates:    Each May 3, and November 3rd,  commencing on November
                           3, 2000,  subject to Mofidied  Following Business Day
                           Convention.

Repayment at the Option
of the Holder:             The  Notes  cannot  be  repaid  prior  to the  Stated
                           Maturity Date.

Redemption at the Option
of the Company:            The Notes  cannot  be  redeemed  prior to the  Stated
                           Maturity Date.


Form:                      The  Notes  are  being  issued  in  fully  registered
                           book-entry form.

Trustee:                   The Chase Manhattan Bank

Dated:                     May 4, 2000