424B3 1 f424b3_051305-wireless.txt PROSPECTUS SUPPLEMENT DATED MARCH 31, 2005 PROSPECTUS SUPPLEMENT FILED PURSUANT TO RULE 424(b)(3) (To Prospectus dated October 25, 2004) REGISTRATION NO. 333-43142 [GRAPHIC OMITTED] 1,000,000,000 Depositary Receipts Wireless HOLDRS (SM) Trust This prospectus supplement supplements information contained in the prospectus dated October 25, 2004 relating to the sale of up to 1,000,000,000 depositary receipts by the Wireless HOLDRS (SM) Trust. The share amounts specified in the table in the "Highlights of Wireless HOLDRS" section of the base prospectus shall be replaced with the following:
Primary Share Trading Name of Company Ticker Amounts Market ------------------------------------------------------ ---------------- ----------- ----------- Aether Systems, Inc. AETH 1 NASDAQ Crown Castle International Corp. CCI 4 NYSE Deutsche Telekom AG * DT 18.48409 NYSE LM Ericsson Telephone Company * ERICY 7.4 NASDAQ Freescale Semiconductor Class B FSLB 4.527015 NYSE Motorola, Inc. MOT 41 NYSE Nextel Communications, Inc. Class A NXTL 16 NASDAQ Nextel Partners, Inc. Class A NXTP 4 NASDAQ Nokia Corp. * NOK 23 NYSE Qualcomm Incorporated QCOM 26 NASDAQ Research In Motion Limited RIMM 4 NASDAQ RIF Micro Devices, Inc. RFMD 4 NASDAQ SK Telecom Co., Ltd. * SKM 17 NYSE Sprint Corporation FON 10.5 NYSE SR Telecom Inc. SRXA 0.104727 NASDAQ Telesp Celular Participacoes S.A. * TCP 3 NYSE United States Cellular Corporation USM 1 AMEX Verizon Communications VZ 17 NYSE Vodafone Group p.l.c. * VOD 21 NYSE Western Wireless Corporation WWCA 2 NASDAQ
_______________________________ * The securities of these non-U.S. companies trade in the United States as American Depositary Receipts. Please see "Risk Factors" and "United States Federal Income Tax Consequences--Special considerations with respect to underlying securities of foreign issuers" for additional information relating to an investment in a non-U.S. company. The share amounts listed in the table above reflect all previous stock splits, dividends and business combination transactions. The date of this prospectus supplement is March 31, 2005.