PROSPECTUS SUPPLEMENT

File No. 333-109802

(To Prospectus Supplement and Prospectus dated November 26, 2003)

Rule 424(b)(3)

Prospectus Supplement Number: 2386

 

Merrill Lynch & Co., Inc.

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

Fixed Rate Notes

Principal Amount:

$10,000,000

 

 

Issue Price:

100.05%

 

 

CUSIP Number:

59018YTX9

 

 

Interest Rate:

3.94500%

 

 

Original Issue Date:

July 13, 2004

 

 

Stated Maturity Date:

July 13, 2007

 

 

Interest Payment Dates:

Annually on the 13th of July, commencing on July 13th, 2005
subject to 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:

JPMorgan Chase Bank

 

 

Commission

0.05%

 

 

Dated:

June 17, 2004