424B3 1 f424b3_051007.htm RULE 424(B)(3)

PROSPECTUS SUPPLEMENT

REGISTRATION NO. 333-44286

(To Prospectus dated February 17, 2006)

Filed Pursuant to Rule 424(b)(3)

 

 

 

1,000,000,000 Depositary Receipts

Europe 2001 HOLDRS (SM) Trust

 

This prospectus supplement supplements information contained in the prospectus dated February 17, 2006 relating to the sale of up to 1,000,000,000 depositary receipts by the Europe 2001 HOLDRS (SM) Trust.

The share amounts specified in the table in the “Highlights of Europe 2001 HOLDRS” section of the base prospectus shall be replaced with the following:

Name of Company

Ticker

Share Amounts

Primary U.S. Trading Market

AEGON, N.V.

AEG

5.2

NYSE

Alcatel-Lucent*

ALU

3

NYSE

Amdocs Limited

DOX

3

NYSE

ARM Holdings plc*

ARMHY

8

NASDAQ

ASM International N.V.

ASMI

13

NASDAQ

ASML Holding N.V.

ASML

7

NASDAQ

AstraZeneca PLC.*

AZN

4

NYSE

AXA*

AXA

6

NYSE

Bookham Inc.

BKHM

1.2

NASDAQ

BP p.l.c.*

BP

4

NYSE

Business Objects S.A.*

BOBJ

4.5

NASDAQ

DaimlerChrysler AG

DCX

4

NYSE

Deutsche Telekom AG*

DT

5

NYSE

Diageo p.l.c.*

DEO

5

NYSE

Elan Corporation, p.l.c.*

ELN

4

NYSE

Ericsson LM Telephone Company*

ERIC

1.6

NASDAQ

GlaxoSmithKline p.l.c.*

GSK

6

NYSE

Infineon Technologies AG*

IFX

5

NYSE

ING Group N.V.*

ING

4

NYSE

IONA Technologies p.l.c.*

IONA

3

NASDAQ

Koninklijke Philips Electronics N.V.

PHG

5

NYSE

Millicom International Cellular S.A.*

MICC

8

NASDAQ

New WPP Group p.l.c.

WPPGY

3

NASDAQ

Nokia Corp.*

NOK

5

NYSE

Novartis AG*

NVS

5

NYSE

Qiagen N.V.

QGEN

6

NASDAQ

Repsol YPF, S.A.*

REP

11

NYSE

Ryanair Holdings p.l.c.* (1)

RYAAY

16

NASDAQ

Sanofi-Aventis SA*

SNY

4.6956

NYSE

SAP AG*

SAP

4

NYSE

(New) Scottish Power p.l.c.*

SPI

5.555557

NYSE

Merck Serono S.A.* (2)

SRA

9

NYSE

Shire p.l.c.*

SHPGY

4

NASDAQ

Skillsoft p.l.c.*

SKIL

6

NASDAQ

STMicroelectronics N.V.

STM

4

NYSE

 

(continued on following page)

 

 

Name of Company

Ticker

Share Amounts

Primary U.S. Trading Market

Telefonica S.A.*

TEF

4.555843218

NYSE

Total S.A.*

TOT

6

NYSE

UBS AG

UBS

6

NYSE

Unilever N.V.

UN

9

NYSE

(New) Vodafone Group p.l.c.*

VOD

5.25

NYSE

_______________

* The securities of these non-U.S. companies trade in the United States as American Depository Receipts. Please see “Risk Factors” and “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.

(1)           Effective January 11, 2007, Serono S.A., an underlying constituent of the Europe 2001 + HOLDRS Trust, changed its name to Merck Serono S.A. (NYSE ticker “SRA”). Effective January 22, 2007, creations of Europe 2001 + HOLDRS require 9 shares of Merck Serono S.A. per round lot of 100 Europe 2001 + HOLDRS.

 

(2)           Effective March 5, 2007, creations of Europe 2001 + HOLDRS require 16 shares of Ryanair Holdings p.l.c. (NASDAQ ticker “RYAAY”) per round lot of 100 Europe 2001 + HOLDRS due to the 2 for 1 stock split of Ryanair Holdings p.l.c.

 

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, 2007.