Exhibit 1(i)


                             Articles Supplementary
         Increasing the Authorized Capital Stock of the Corporation and
                  Creating an Additional Class of Common Stock


     MERRILL LYNCH PACIFIC FUND, INC. (hereinafter called the "Corporation"), a
Maryland corporation, having its principal office in the State of Maryland in
the City of Baltimore, hereby certifies to the State Department of Assessments
and Taxation of the State of Maryland that:

1.   The Corporation is registered as an open-end investment company under
     the Investment Company Act of 1940, as amended, with the authority to issue
     Five Hundred Million (500,000,000) shares of capital stock as follows:

               Classes                        Number of Authorized Shares
               -------                        ---------------------------
        Class A Common Stock                          100,000,000
        Class B Common Stock                          200,000,000
        Class C Common Stock                          100,000,000
        Class D Common Stock                          100,000,000

                                       Total:         500,000,000

     All shares of all classes of the Corporation's capital stock have a par
     value of Ten Cents ($0.10) per share, and an aggregate par value of Fifty
     Million Dollars ($50,000,000).

2.   The Board of Directors of the Corporation, acting in accordance with
     Section 2- 105(c) of the Maryland General Corporation Law and Article V,
     paragraph 2 of the Articles of Incorporation, as amended and supplemented,
     hereby increases the total number of authorized shares of Common Stock of
     the Corporation by Two Hundred Million (200,000,000) and designates such
     newly authorized shares as Class R Common Stock.

3.   The preferences, designations, conversion or other rights, voting
     powers, restrictions, limitations as to dividends, qualifications or terms
     or conditions of redemption of Class R Common Stock are as follows:

     The Class R Common Stock of the Corporation shall represent the same
     interest in the Corporation and have identical preferences, designations,
     conversion or other rights, voting powers, restrictions, limitations as to
     dividends, qualifications, or terms or conditions of redemption as the
     Class C Common Stock as of the date of these Articles Supplementary, except
     as otherwise set forth in the Corporation's charter and further except
     that:




     (i)  Expenses related to the distribution of the Class R Common Stock shall
          be borne solely by such class and such class shall have exclusive
          voting rights with respect to matters relating to the expenses being
          borne solely by such class; and

     (ii) Such distribution expenses borne solely by Class R Common Stock shall
          be appropriately reflected (in the manner determined by the Board of
          Directors) in the net asset value, dividends, distribution and
          liquidation rights of the shares of such class.

4.   After this increase in the number of authorized shares and the
     classification of the newly authorized shares as Class R Common Stock, the
     Corporation will have the authority to issue Seven Hundred Million
     (700,000,000) shares of capital stock as follows:

                 Classes                     Number of Authorized Shares
                 -------                     ---------------------------

          Class A Common Stock                       100,000,000
          Class B Common Stock                       200,000,000
          Class C Common Stock                       100,000,000
          Class D Common Stock                       100,000,000
          Class R Common Stock                       200,000,000

                                        Total:       700,000,000

After this increase, all shares of all classes of the Corporation's capital
stock will have a par value of Ten Cents ($0.10) per share, and an aggregate par
value of Seventy Million Dollars ($70,000,000).

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     IN WITNESS WHEREOF, MERRILL LYNCH PACIFIC FUND, INC. has caused these
presents to be signed in its name and on its behalf by its President and
attested by its Secretary on December 9, 2002.


                                             MERRILL LYNCH PACIFIC FUND, INC.


                                      By:    /s/ Terry K. Glenn
                                             -----------------------------------
                                             Terry K. Glenn
                                             President


Attest:


/s/ Susan B. Baker
-----------------------
Susan B. Baker
Secretary


     The undersigned, President of MERRILL LYNCH PACIFIC FUND, INC. who executed
on behalf of said Corporation the foregoing Articles Supplementary, of which
this certificate is made a part, hereby acknowledges the foregoing Articles
Supplementary to be the corporate act of said Corporation and further certifies
that as to all of the matters and facts required to be verified under oath, that
to the best of his knowledge, information and belief, the matters set forth
therein are true in all material respects, under the penalties of perjury.


Dated:   December 9, 2002                    /s/ Terry K. Glenn
                                             -----------------------------------
                                             Terry K. Glenn
                                             President


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