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Merrill Lynch Bank (Suisse) S.A. strengthens Non-Resident Indian Business with Appointment of Two Financial Advisors

Geneva, 12 March 2008 Merrill Lynch's Global Wealth Management (GWM) group today announced the appointment of Saleem Jan Khan and Yuvendra Hora to Merrill Lynch Bank (Suisse) S.A. [MLB(S)] in Geneva. Focussing on Non-Resident Indian (NRI) high net worth clients, Mr. Khan and Mr. Hora will report to Saleem Awan, Head of the NRI & South Asia team at MLB(S).

Saleem Jan Khan has more than fifteen years experience in the financial services industry. Prior to joining Merrill Lynch, he was part of the European private banking team at Clariden Leu in Geneva, covering NRI and Non-Resident Pakistani high net worth clients. Mr. Khan also worked at Faisal Finance (Switzerland) S.A. in roles including head of the treasury and banking relations department and senior manager within the wealth management business. He holds an MBA from Western International University Phoenix, USA, and a BA from the University of Peshawar, Pakistan.

Yuvendra Hora joins the team as a financial advisor from Merrill Lynch in Dubai, where he held a similar position. He has over six years experience in the financial services industry. Prior to joining Merrill Lynch, Mr. Hora worked as a senior relationship manager in the private banking department at Citigroup and as head of sales at Habib Bank Limited in Dubai.

"The addition of Saleem and Yuvendra to our team is a further step in our strategy in substantially strengthening the innovative products and services we offer our Non-Resident Indian and Pakistani clients," said Mr. Awan.

About Merrill Lynch:

Merrill Lynch is one of the world's leading wealth management, capital markets and advisory companies with offices in 40 countries and territories and total client assets of approximately U.S. $2.0 trillion. As an investment bank, it is a leading global trader and underwriter of securities and derivatives across a broad range of asset classes and serves as a strategic advisor to corporations, governments, institutions and individuals worldwide. Merrill Lynch owns just under half of BlackRock, one of the world's largest publicly traded investment management companies with approximately U.S. $1 trillion in assets under management. For more information on Merrill Lynch, please visit www.ml.com

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