HOLDRS^®*

List of HOLDRs

HOLDRS^® (HOLding Company Depositary ReceiptS^®)
are securities that represent an investor's ownership in the common stock or American Depository Receipts of specified companies in a particulary industry, sector or group. HOLDRS^® allow investors to own a diversified group of stocks in a single investment that is highly transparent, liquid and efficient.

- Merrill Lynch HOLDRS^® Website