Merrill Lynch Internet Infrastructure HOLDRS

DateInflation Amount Per Share*
2/25/2000**$25.3758***
2/28/2000$24.9067
2/29/2000$24.8616
3/1/2000$25.3758
3/2/2000$25.3446
3/3/2000$25.3758
3/6/2000$25.3758
3/7/2000$25.3758
3/8/2000$25.3758
3/9/2000$25.3758
3/10/2000$25.3758
3/13/2000$25.3758
3/14/2000$25.3758
3/15/2000$23.0228
3/16/2000$23.2545
3/17/2000$23.8982
3/20/2000$19.1479
3/21/2000$18.5102
3/22/2000$20.0509
3/23/2000$19.2189
3/24/2000$20.0723
3/27/2000$19.2144
3/28/2000$17.8615
3/29/2000$13.7969
3/30/2000$12.4093
3/31/2000$10.9827
4/3/2000$6.4089
4/4/2000$6.9838
4/5/2000$7.667
4/6/2000$10.5522
4/7/2000$12.6142
4/10/2000$8.4251
4/11/2000$6.7932
4/12/2000$5.1023
4/13/2000$3.9124
4/14/2000$2.6071
4/17/2000$2.1549
4/18/2000$6.2654
4/19/2000$7.0043
4/20/2000$5.5983
4/24/2000$3.6733
4/25/2000$4.1557
4/26/2000$3.4237
4/27/2000$5.6928
4/28/2000$7.4701
5/1/2000$7.7049
5/2/2000$6.9034
5/3/2000$7.1434
5/4/2000$7.9561
5/5/2000$7.7649
5/8/2000$7.155
5/9/2000$6.2924
5/10/2000$5.28
5/11/2000$4.684
5/12/2000$4.9834
5/15/2000$5.5039
5/16/2000$6.2331
5/17/2000$5.8613
5/18/2000$5.2469
5/19/2000$4.8765
5/22/2000$4.2291
5/23/2000$3.2377
5/24/2000$2.7629
5/25/2000$2.3968
5/26/2000$2.3913
5/30/2000$3.8305
5/31/2000$3.6769
6/1/2000$5.021
6/2/2000$7.3388
6/5/2000$7.687
6/6/2000$6.9315
6/7/2000$8.0722
6/8/2000$8.318
6/9/2000$8.2553
6/12/2000$6.7461
6/13/2000$7.0678
6/14/2000$7.1863
6/15/2000$7.0573
6/16/2000$7.1763
6/19/2000$7.912
6/20/2000$9.3345
6/21/2000$9.1898
6/22/2000$8.8094
6/23/2000$7.5495
6/26/2000$8.4638
6/27/2000$8.4914
6/28/2000$9.6494
6/29/2000$10.1216
6/30/2000$10.1814
7/3/2000$10.4336
7/5/2000$9.9596
7/6/2000$9.8488
7/7/2000$8.4861
7/10/2000$8.4772
7/11/2000$7.6652
7/12/2000$9.4191
7/13/2000$11.5139
7/14/2000$11.1132
7/17/2000$11.0368
7/18/2000$10.518
7/19/2000$9.335
7/20/2000$11.4158
7/21/2000$10.5366
7/24/2000$9.8104
7/25/2000$9.2595
7/26/2000$8.6404
7/27/2000$6.7709
7/28/2000$5.3876
7/31/2000$5.5894
8/1/2000$4.7178
8/2/2000$4.6362
8/3/2000$5.6213
8/4/2000$5.866
8/7/2000$6.602
8/8/2000$6.0553
8/9/2000$5.7082
8/10/2000$5.8064
8/11/2000$5.3598
8/14/2000$5.4324
8/15/2000$5.4375
8/16/2000$6.1381
8/17/2000$5.9194
8/18/2000$6.0052
8/21/2000$6.0999
8/22/2000$6.3315
8/23/2000$6.5808
8/24/2000$6.283
8/25/2000$6.4096
8/28/2000$6.3579
8/29/2000$6.8591
8/30/2000$8.2129
8/31/2000$8.9462
9/1/2000$8.5291
9/5/2000$8.7011
9/6/2000$8.0412
9/7/2000$8.3826
9/8/2000$7.9697
9/11/2000$7.6824
9/12/2000$7.1177
9/13/2000$7.4646
9/14/2000$8.4493
9/15/2000$7.998
9/18/2000$7.2868
9/19/2000$7.8138
9/20/2000$7.9822
9/21/2000$7.9015
9/22/2000$8.6015
9/25/2000$9.116
9/26/2000$8.5031
9/27/2000$7.921
9/28/2000$8.1419
9/29/2000$8.3602
10/2/2000$6.8394
10/3/2000$5.4747
10/4/2000$6.5687
10/5/2000$6.2313
10/6/2000$5.5881
10/9/2000$6.7236
10/10/2000$6.0783
10/11/2000$4.7677
10/12/2000$3.6001
10/13/2000$4.3017
10/16/2000$5.0567
10/17/2000$4.8587
10/18/2000$3.6065
10/19/2000$4.3473
10/20/2000$5.5297
10/23/2000$5.6049
10/24/2000$5.3601
10/25/2000$4.8077
10/26/2000$3.6651
10/27/2000$2.3557
10/30/2000$0.9913
10/31/2000$2.7003
11/1/2000$3.5437
11/2/2000$4.2533
11/3/2000$4.175
11/6/2000$4.1964
11/7/2000$4.4712
11/8/2000$3.3623
11/9/2000$2.5344
11/10/2000$2.3226
11/13/2000$1.3484
11/14/2000$2.3397
11/15/2000$2.1092
11/16/2000$2.1905
11/17/2000$1.1297
11/20/2000$0.4326
11/21/2000$0
11/22/2000$0
11/24/2000$0
11/27/2000$0
11/28/2000$0
11/29/2000$0
11/30/2000$0
12/1/2000$0
12/4/2000$0
12/5/2000$0
12/6/2000$0

* Data shown are adjusted forward for all stock splits between the IPO and 12/6/00.

** Purchases on a date not listed in the chart above have no artificial inflation.

*** Purchases in the IPO itself at $96.69 per share have no artificial inflation.