MERRILL LYNCH FOCUS VALUE FUND, INC.

FILE # 811-3450

ATTACHMENT 77O

TRADE DATE	DESCRIPTION OF SECURITY	AMOUNT PURCHASED	ISSUE SIZE	MEMBER OF UNDERWRITING SYNDICATE FROM WHOM FUND PURCHASED
10/23/01	Principal Financial	$828,800	$1,850,000,000	Goldman Sachs
12/12/01	Rainbow Media	$1,381,500	$287,212,500	Bear Stearns
		$	$
		$	$