EXHIBIT 99.5(b) SUB-ADVISORY AGREEMENT Agreement made as of the th day of January, 1997, by and between Fund Asset Management, l.p., a Delaware limited partnership (hereinafter referred to as "FAM"), and Merrill Lynch Asset Management U.K. Limited, a...Sub-Advisory Agreement • January 28th, 1997 • Merrill Lynch Corporate Bond Fund Inc/Ny • New York
