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Europe 2001 HOLDRS are Depositary Receipts issued by the Europe 2001 HOLDRS Trust which represent an undivided beneficial ownership in the common stock of a group of specified companies that are among the largest European companies whose equity securities are listed for trading on the New York Stock Exchange or The American Stock Exchange or quoted on the Nasdaq National Market. The Bank of New York is the trustee. Europe 2001 HOLDRS may be acquired, held or transferred in a round-lot amount of 100 Europe 2001 HOLDRS or round-lot multiples. Europe 2001 HOLDRS are separate from the underlying deposited common stocks that are represented by the Europe 2001 HOLDRS. The Europe 2001 HOLDRS Trust is not a registered investment company under the Investment Company Act of 1940.
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