Ownership Submission

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 ^*

MCCANN ROBERT J

2. Date of Event Requiring Statement (Month/Day/Year)
08/13/2003

3. Issuer Name and Ticker or Trading Symbol
MERRILL LYNCH & CO INC [MER]

(Last)

(First)

(Middle)

MERRILL LYNCH & CO., INC., 4 WORLD FINANCIAL CENTER

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
Executive Vice President

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

NEW YORK, NY 10080

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ 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	165,146 ⁽¹⁾	D

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)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Stock Option - Right to Acquire ⁽²⁾	⁽³⁾	01/26/2008	Common Stock	83,760	$ 31	D
Stock Option - Right to Acquire ⁽²⁾	⁽⁴⁾	01/25/2009	Common Stock	87,570	$ 36.1719	D
Stock Option - Right to Acquire ⁽²⁾	⁽⁵⁾	01/25/2009	Common Stock	119,774	$ 36.1719	D
Stock Option - Right to Acquire ⁽²⁾	⁽⁶⁾	01/27/2010	Common Stock	152,630	$ 43.7812	D
Stock Option - Right to Acquire ⁽²⁾	⁽⁷⁾	01/23/2011	Common Stock	126,350	$ 77.5625	D
Stock Option - Right to Acquire ⁽²⁾	⁽⁸⁾	01/28/2012	Common Stock	133,188	$ 53.745	D
Stock Option - Right to Acquire ⁽²⁾	⁽⁹⁾	01/27/2013	Common Stock	62,708	$ 36.065	D

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
MCCANN ROBERT J MERRILL LYNCH & CO., INC. 4 WORLD FINANCIAL CENTER NEW YORK, NY 10080			Executive Vice President

Signatures

Robert J. McCann (by Michael A. LaMaina, as agent)		08/21/2003
^**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)	This total includes 165,146 Restricted Shares granted under the Merrill Lynch & Co., Inc. Long-Term Incentive Compensation Plan ("Plan"), which are subject to vesting and restricted periods. Transactions under this Plan are exempt under the provisions of Rule 16b-3.
(2)	These stock options were granted under the Merrill Lynch & Co., Inc. Long-Term Incentive Compensation Plan ("Plan"). Transactions under this Plan are exempt under the provisions of Rule 16b-3.
(3)	16,752 stock options became exercisable after 1/26/99, 1/26/00, 1/26/01, 1/26/02 and 1/26/03.
(4)	17,514 stock options became exercisable after 1/25/00, 1/25/01, 1/25/02 and 1/25/03. 17,514 stock options are exercisable after 1/25/04.
(5)	These performance-based stock options became exercisable at a rate of 1% of the award for each increment of $20 million of Cumulative Economic Profit of the Issuer (determined annually on each anniversary of the award). 64,678 stock options became exercisable on 1/25/00 and 55,096 stock options became exercisable on 1/25/01.
(6)	30,526 stock options became exercisable after 1/27/01, 1/27/02 and 1/27/03. 30,526 stock options are exercisable after 1/27/04 and 1/27/05.
(7)	All stock options became exercisable after 7/31/01.
(8)	All stock options became exercisable after 7/31/02.
(9)	15,677 stock options are exercisable after 1/27/04, 1/27/05, 1/27/06 and 1/27/07.
Remarks: All reported positions have been rounded down to the nearest whole number. Exhibit List: Exhibit 24 - Power of Attorney

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