RNS Number:8740R
Merrill Lynch Asset Allocator PLC
10 November 2003


NET ASSET VALUE

MERRILL LYNCH ASSET ALLOCATOR plc

The unaudited net asset value for Merrill Lynch Asset Allocator plc at close of
business on 7 November 2003 was:

Growth - 80.17p

Balanced - 90.29p

Notes:

1. Revenue items, disclosed in the most recent monthly announcement, are
included in net asset value, with dividends deducted on the ex-dividend date.

2. For the latest daily net asset value, previous month and performance
statistics, asset allocation and ten largest holdings of the Merrill Lynch
Investment Trusts, see MLIMINDEX on Reuters or page 8800 on ICV (Topic 3).

3. 300,000 Growth shares purchased on 7 November 2003 (total 19.1 million Growth
shares purchased from 22 February 2002) has been reflected in these
calculations.

4. 100,000 Balanced shares purchased on 17 October 2003 (total 2.3 million
Balanced shares purchased from 22 February 2002) has been reflected in these
calculations.)

                      This information is provided by RNS
            The company news service from the London Stock Exchange

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