New Market Holdrs - MKH
. names of the 50 issuers of the underlying
securities represented by the Market 2000+
HOLDRS,
. stock ticker symbols,
. indicative share amounts represented by a
round-lot of 100 Market 2000+ HOLDRS as of
July 7, 2000,
. indicative weightings as of July 7, 2000,
and
. principal U.S. market on which the
underlying securities represented by the
Market 2000+ HOLDRS are traded.
9
<PAGE>
<TABLE>
<CAPTION>
Indicative Primary
Share Indicative Trading
Name of Company Ticker Amounts Weightings Market
------------------------ ------ ---------- ---------- -------
<S> <C> <C> <C> <C>
America Online, Inc. AOL 3 1.85% NYSE
American International
Group, Inc. AIG 2 2.70% NYSE
Astrazeneca p.l.c. AZN 4 2.11% NYSE
AT&T Corp. T 6 2.18% NYSE
BellSouth Corporation BLS 4 1.86% NYSE
BP Amoco p.l.c. BPA 3 1.87% NYSE
Bristol-Meyers Squibb
Company BMY 3 1.96% NYSE
British
Telecommunications
p.l.c. BTY 1 1.56% NYSE
Cisco Systems, Inc. CSCO 3 2.10% Nasdaq
Citigroup Inc. C 3 2.17% NYSE
The Coca-Cola Company KO 3 1.92% NYSE
Dell Computer
Corporation DELL 4 2.21% Nasdaq
Deutsche Telekom AG DT 3 1.94% NYSE
Eli Lilly and Company LLY 2 2.31% NYSE
EMC Corporation EMC 2 1.69% NYSE
Exxon Mobil Corporation XOM 2 1.73% NYSE
France Telecom FTE 1 1.61% NYSE
General Electric Company GE 4 2.33% NYSE
Glaxo Wellcome p.l.c. GLX 3 1.96% NYSE
Hewlett-Packard Company HWP 1 1.37% NYSE
Home Depot, Inc. HD 3 1.92% NYSE
Intel Corporation INTC 1 1.53% Nasdaq
International Business
Machines Corporation IBM 2 2.29% NYSE
JDS Uniphase Corporation JDSU 2 2.24% Nasdaq
Johnson & Johnson JNJ 2 2.22% NYSE
LM Ericsson Telephone
Company ERICY 9 2.14% Nasdaq
Lucent Technologies Inc. LU 3 1.87% NYSE
Merck & Co., Inc. MRK 2 1.66% NYSE
Microsoft Corporation MSFT 2 1.76% Nasdaq
Morgan Stanley Dean
Witter & Co. MWD 2 2.07% NYSE
Nippon Telegraph and
Telephone Corporation NTT 3 2.44% NYSE
Nokia Corp. NOK 3 1.76% NYSE
Nortel Networks
Corporation NT 3 2.34% NYSE
Novartis AG NVS 5 2.24% NYSE
Oracle Corporation ORCL 2 1.65% Nasdaq
Pfizer Inc. PFE 4 2.12% NYSE
Qwest Communications
International Inc. Q 3 1.82% NYSE
Royal Dutch Petroleum
Company RD 3 2.08% NYSE
SBC Communications Inc. SBC 4 1.99% NYSE
Sony Corporation SNE 2 2.30% NYSE
Sun Microsystems, Inc. SUNW 2 2.04% Nasdaq
Texas Instruments
Incorporated TXN 3 2.26% NYSE
Time Warner Inc. TWX 2 1.78% NYSE
Total Fina Elf S.A. TOT 2 1.72% NYSE
Toyota Motor Corporation TM 2 2.06% NYSE
Verizon Communications VZ 3 1.82% NYSE
Viacom Inc. VIA 3 2.26% NYSE
Vodafone Airtouch p.l.c. VOD 4 2.11% NYSE
Wal-Mart Stores Inc. WMT 3 2.04% NYSE
WorldCom, Inc. WCOM 4 2.01% Nasdaq
</TABLE>
The actual share amounts will be determined on
the pricing date and will appear in the final
prospectus delivered in connection with sales
of the Market 2000+ HOLDRS. These companies are
among
10
<PAGE>
the 50 largest companies, measured by worldwide
market capitalization on July 7, 2000, with
securities traded on a U.S. stock market. The
market capitalization of a company is
determined by multiplying the market price of
its securities by the number of its outstanding
securities.
The trust only will issue and cancel, and you
only may obtain, hold, trade or surrender
Market 2000+ HOLDRS in a round-lot of 100
Market 2000+ HOLDRS and round-lot multiples.
The trust will only issue Market 2000+ HOLDRS
upon the deposit of the whole shares
represented by a round-lot of 100 Market 2000+
HOLDRS. In the event that a fractional share
comes to be represented by a round-lot of
Market 2000+ HOLDRS, the trust may require a
minimum of more than one round-lot of 100
Market 2000+ HOLDRS for an issuance so that the
trust will always receive whole share amounts
for issuance of Market 2000+ HOLDRS.
The number of outstanding Market 2000+ HOLDRS
will increase and decrease as a result of in-
kind deposits and withdrawals of the underlying
securities. The trust will stand ready to issue
additional Market 2000+ HOLDRS on a continuous
basis when an investor deposits the required
number of securities with the trustee.
Public offering price........
The initial public offering price for 100
Market 2000+ HOLDRS will equal the sum of the
closing market price on the primary U.S.
trading market on the pricing date for each
underlying security multiplied by the share
amount to be determined on the pricing date,
plus an underwriting fee. It is expected that
the initial public offering price will be
approximately $90-$100 per Market 2000+ << HOLDR>> .
Purchases....................
After the initial offering, you may acquire
Market 2000+ HOLDRS in two ways:
. through an in-kind deposit of the required
number of shares of securities of the
underlying issuers with the trustee, or
. through a cash purchase in the secondary
trading market.
Underwriting fees............
If you purchase Market 2000+ HOLDRS in the
initial public offering, you will pay an
underwriting fee equal to:
. For purchases of Market 2000+ HOLDRS
or fewer, 2%.
. For purchases in excess of Market
2000+ HOLDRS, %.
You will not be charged any issuance fee or
other sales commission in connection with
purchases of Market 2000+ HOLDRS made in the
initial public offering.
Issuance and cancellation
fees.........................
After the initial offering, if you wish to
create Market 2000+ HOLDRS by delivering to the
trust the requisite number of securities
represented by a round-lot of 100 Market 2000+ |
