FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  TEMASEK HOLDINGS (PRIVATE) LTD
2. Date of Event Requiring Statement (Month/Day/Year)
09/26/2008
3. Issuer Name and Ticker or Trading Symbol
MERRILL LYNCH & CO INC [MER]
(Last)
(First)
(Middle)
60B ORCHARD ROAD, #06-18 TOWER 2, THE ATRIUM@ORCHARD
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SINGAPORE 238891
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 219,695,826
I
Held through Fullerton Management Pte Ltd. (1) (2)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
TEMASEK HOLDINGS (PRIVATE) LTD
60B ORCHARD ROAD, #06-18 TOWER 2
THE ATRIUM@ORCHARD
SINGAPORE 238891
    X    
Fullerton Management Pte Ltd
60B ORCHARD ROAD, #06-18 TOWER 2
THE ATRIUM@ORCHARD
SINGAPORE 238891
    X    
Cairnhill Investments (Mauritius) Pte Ltd
LES CASCADES BUILDING
EDITH CAVELL STREET
PORT LOUIS, MAURITIUS 
    X    

Signatures

/s/ Simon Israel, Executive Director, Temasek Holdings (Private) Ltd 10/03/2008
**Signature of Reporting Person Date

/s/ Mark Lee Vi Loong, Director, Fullerton Management Pte Ltd 10/03/2008
**Signature of Reporting Person Date

/s/ Mark Lee Vi Loong, Director, Cairnhill Investments (Mauritius) Pte Ltd 10/03/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Fullerton Management Pte Ltd ("Fullerton") may be deemed to beneficially own 219,695,826 shares through its wholly-owned subsidiaries, including Fullerton's direct wholly-owned subsidiary Cairnhill Investments (Mauritius) Pte Ltd ("Cairnhill"), which indirectly beneficially owns 214,529,160 shares through its wholly-owned subsidiaries. Except for Cairnhill, each of these subsidiaries beneficially owns less than 10% of the outstanding shares. Fullerton is a wholly-owned subsidiary of Temasek Holdings (Private) Ltd ("Temasek"), so Temasek may be deemed to beneficially own 219,695,826 shares.
(2) The filing of this statement shall not be deemed an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, any of the Reporting Persons is the beneficial owner of all such equity securities covered by this statement.

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