MERRILL LYNCH UTILITIES AND TELECOMUNICATIONS FUND

FILE #811-6180

ATTACHMENT 77O

TRADE DATE	DESCRIPTION OF SECURITY	AMOUNT PURCHASED	ISSUE SIZE	MEMBER OF UNDERWRITING SYNDICATE FROM WHOM FUND PURCHASED
9/28/04	CPFL Energia	70,000	47,495,679	Pactual Capital
10/25/04	ENEL S.p.A.	110,000	1,000,000,000	Morgan Stanley Goldman Sachs Mediobanca