Merrill Lynch & Co., Canada Ltd.



    TORONTO, July 30 /CNW/ - Merrill Lynch & Co., Canada Ltd. announced on
July 30, 2008 that its Board of Directors approved a quarterly cash dividend
of Cdn $0.36 per Exchangeable Share.
    All dividends paid by the Corporation in 2007 or a subsequent year are
designated as eligible dividends unless indicated otherwise.
    The dividend is payable on September 3, 2008 to shareholders of record on
August 14, 2008.





For further information:

For further information: Mark Dickerson, Corporate Secretary, (416)
369-7400; Danielle Robinson, Marketing & Communications, (212) 449-0097

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MERRILL LYNCH

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