424B3 1 f424b3_080905-b2b.txt PROSPECTUS SUPPLEMENT - B2B INTERNET PROSPECTUS SUPPLEMENT FILED PURSUANT TO RULE 424(b)(3) (To Prospectus dated October 25, 2004) REGISTRATION NO. 333-96063 [GRAPHIC OMITTED] 1,000,000,000 Depositary Receipts B2B Internet HOLDRS (SM) Trust This prospectus supplement supplements information contained in the prospectus dated October 25, 2004 relating to the sale of up to 1,000,000,000 depositary receipts by the B2B Internet HOLDRS (SM) Trust. The share amounts specified in the table in the "Highlights of B2B Internet HOLDRS" section of the base prospectus shall be replaced with the following: Share Primary Name of Company(1) Ticker Amounts Trading Market -------------------------------- -------- -------- -------------- Agile Software Corporation AGIL 4 NASDAQ Ariba, Inc. ARBA 3.458333 NASDAQ CheckFree Corporation CKFR 4 NASDAQ Internet Capital Group, Inc. ICGED 0.75 NASDAQ Pegasus Solutions, Inc. PEGS 2 NASDAQ VerticalNet, Inc. VERT 0.6 NASDAQ ------------------- (1) As a result of the acquisition of Retek Inc. (Nasdaq: "RETK") by Oracle Corp., Retek Inc. was delisted from trading on The NASDAQ National Market on April 12, 2005, and is therefore no longer an underlying security of the B2B Internet HOLDRS Trust. In connection with the acquisition of Retek Inc., The Bank of New York distributed cash at a rate of $0.2975 per B2B Internet HOLDRS depositary share. The share amounts listed in the table above reflect all previous stock splits, dividends and business combination transaction. The date of this prospectus supplement is June 30, 2005.