1. Global Markets & Investment Banking Women’s Leadership Council Merrill Lynch: Multicultural and Inclusion Group May 3 rd, 2006 Forte’s Corporate Best Practices Summit: Retention for Today & Tomorrow

2. 2Merrill Lynch: Multicultural and Inclusion Group GMI Women’s Leadership Council Mission Statement An organization of professional women committed to developing profitable business opportunities and shaping future leaders. Two-year old “Grass-roots” group formed by senior GMI women Led by 25 MDs and Directors 400 members Sponsored 18 programs in 2005 focused on business and leadership development

3. 3Merrill Lynch: Multicultural and Inclusion Group GMI Women’s Leadership Council Areas of Focus Business Development > Leverage GMI women to develop profitable business opportunities – Strengthen and extend high-impact client relationships > Annual Emerging Strategies Conference, 2-day client program showcasing ML women executives with fixed income and equity women clients Leadership > Implement programs to spotlight and develop the leadership skills of GMI women – Leverage the experience of management and product/market specialists to develop and spotlight GMI’s future leaders – Structure and sponsor selected professional development programs to cultivate the leadership skills of GMI > Coach K & Fuqua School of Business Conference on Leadership > "Teach-In" on Hedge Funds

4. 4Merrill Lynch: Multicultural and Inclusion Group GMI Women’s Leadership Council Areas of Focus, cont. Networking > Create opportunities to increase visibility of GMI women – Empower women to develop business career goals through informal mentoring and open discussion – Help GMI women create a “resource support network” to advance their business and career objectives > "Work Life Balance" Panel and Discussion > "Navigating your Career" Panel and Discussion > Director Leadership Development Day and Dinner