UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2006

o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to

Commission File Number 0-51087

ML APPLETON FUTURESACCESS LLC

(Exact Name of Registrant as

specified in its charter)

Delaware		20-1227880
(State or other jurisdiction of		(IRS Employer Identification No.)
incorporation or organization)

c/o Merrill Lynch Alternative Investments LLC

Princeton Corporate Campus

800 Scudders Mill Road - Section 2G

Plainsboro, New Jersey 08536

(Address of principal executive offices)

(Zip Code)

609-282-6996

(Registrant’s telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No o

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.

Yes o

No x

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act.

Yes o

No x

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes x

No o

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. x

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of “accelerated filer and large accelerated filer” in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer o

Accelerated filer o

Non-accelerated filer x

Indicate by check mark if the registrant is a shell company (as defined by Rule 12b-2 of the Act).

Yes o

No x

ML APPLETON FUTURESACCESS LLC

QUARTERLY REPORT FOR JUNE 30, 2006 ON FORM 10-Q

Table of Contents

		PAGE
	PART I

Item 1.	Financial Statements	2

Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	9

Item 3.	Quantitative and Qualitative Disclosures About Market Risk	11

Item 4.	Controls and Procedures	11

	PART II

Item 1.	Legal Proceedings	12

Item 2.	Changes in Securities and Use of Proceeds	12

Item 3.	Defaults Upon Senior Securities	12

Item 4.	Submission of Matters to a Vote of Security Holders	12

Item 5.	Other Information	12

Item 5a.	Recent Sales of Unregistered Securities: Uses of Proceeds From Registered Securities	13

Item 6.	Exhibits	13

PART I - FINANCIAL INFORMATION

Item 1. Financial Statements

ML APPLETON FUTURESACCESS LLC

(a Delaware Limited Liability Company)

STATEMENTS OF FINANCIAL CONDITION

	June 30,		December 31,
	2006		2005
	(unaudited)

ASSETS:
Equity in commodity futures trading accounts:
Cash	$	52,552,792	$	21,237,799
Net unrealized gain (loss) on open contracts	700,734		(728,432		)
Cash	2,587,877		29,573
Accrued interest	200,827		62,139

TOTAL ASSETS	$	56,042,230	$	20,601,079

LIABILITIES AND MEMBERS’ CAPITAL:
LIABILITIES:
Management fee payable	$	93,403	$	33,026
Sponsor’s fee payable	82,960		36,994
Peformance fee payable	—		427,383
Redemptions payable	420,001		40,610
Initial offering costs payable	34,446		41,409
Other payables	533		69,011

Total liabilities	631,343		648,433

MEMBERS’ CAPITAL:
Sponsor’s Interest (20,324 and 20,324 Units issued and outstanding)	17,491		22,203
Members’ Interest (64,125,776 and 18,307,945 Units issued and outstanding)	55,393,396		19,930,443

Total members’ capital	55,410,887		19,952,646

TOTAL LIABILITIES AND MEMBERS’ CAPITAL	$	56,042,230	$	20,601,079

NET ASSET VALUE PER UNIT (Note 2)

See notes to financial statements.

ML APPLETON FUTURESACCESS LLC

(a Delaware Limited Liability Company)

STATEMENTS OF OPERATIONS

(unaudited)

	For the three			For the three			For the six
	months ended			months ended			months ended
	June 30,			June 30,			June 30,
	2006			2005(1)			2006
TRADING PROFITS (LOSSES):

Realized	$	(7,345,025	)	$	(142,163	)	$	(9,487,608	)
Change in unrealized	3,813,023			393,817			1,429,167
Brokerage Commissions	—			(2,971		)	—

Total trading profits (losses)	(3,532,002		)	248,683			(8,058,441		)

INVESTMENT INCOME:
Interest	556,900			37,887			836,130

EXPENSES:
Management fee	248,596			30,695			381,021
Incentive fee	—			47,689			—
Sponsor’s fee	221,653			33,775			362,563
Other	190,310			24,896			223,976

Total expenses before reimbursement	660,559			137,055			967,560

Sponsor’s fee reimbursement	—			(9,893		)	—

Total expenses	660,559			127,162			967,560

NET INVESTMENT LOSS	(103,659		)	(89,275		)	(131,430		)

NET INCOME (LOSS)	$	(3,635,661	)	$	159,408		$	(8,189,871	)

NET INCOME (LOSS) PER UNIT:

Weighted average number of Units outstanding
Class A	4,641,078			672,694			3,701,988
Class C	35,916,726			4,987,928			27,810,490
Class D	11,469,188			346,724			6,407,676
Class I	4,625,321			186,038			3,533,492

Net income (loss) per weighted average Unit
Class A	$	(0.0584	)	$	0.0265		$	(0.1984	)
Class C	$	(0.0651	)	$	0.0261		$	(0.2073	)
Class D	$	(0.0598	)	$	0.0205		$	(0.1405	)
Class I	$	(0.0735	)	$	0.0226		$	(0.2236	)

(1) commencement of operations April 1, 2005

See notes to financial statements.

ML APPLETON FUTURESACCESS LLC

(a Delaware Limited Liability Company)

STATEMENTS OF CHANGES IN MEMBERS’ CAPITAL

For the six months ended June 30, 2006 and the three months ended June 30, 2005

(unaudited)

	Initial Offering	Initial Offering Costs	Subscriptions	Redemptions		Net Income	Members’ Capital June 30, 2005	Members’ Capital December 31, 2005	Subscriptions	Redemptions		Net Loss	Members’ Capital June 30, 2006

Class A	564,525	—	234,862	—		—	799,387	2,015,034	3,735,025	(161,159	)	—	5,588,900
Class C	3,840,000	—	2,447,461	(105,000	)	—	6,182,461	14,289,916	27,785,783	(1,543,754	)	—	40,531,945
Class D	332,331	—	40,795	—		—	373,126	375,509	12,970,838	—		—	13,346,347
Class I	177,000	—	37,115	(10,000	)	—	204,115	1,627,486	3,517,592	(486,494	)	—	4,658,584

Total Members’ Units	4,913,856	—	2,760,233	(115,000	)	—	7,559,089	18,307,945	48,009,238	(2,191,407	)	—	64,125,776

Class A	—	—	10,158	—		—	10,158	10,158	—	—		—	10,158
Class C	—	—	10,166	—		—	10,166	10,166	—	—		—	10,166
Class D	—	—	—	—		—	—	—	—	—		—	—
Class I	—	—	—	—		—	—	—	—	—		—	—

Total Sponsor’s Units	—	—	20,324	—		—	20,324	20,324	—	—		—	20,324

See notes to financial statements.

ML APPLETON FUTURESACCESS LLC

(a Delaware Limited Liability Company)

STATEMENTS OF CHANGES IN MEMBERS’ CAPITAL

For the six months ended June 30, 2006 and the three months ended June 30, 2005 (continued)

(unaudited)

	Initial Offering		Initial Offering Costs			Subscriptions		Redemptions			Net Income		Members’ Capital June 30, 2005		Members’ Capital December 31, 2005		Subscriptions		Redemptions			Net Loss			Members’ Capital June 30, 2006

Class A	$	564,525	$	(5,388	)	$	224,246	$	—		$	17,602	$	800,985	$	2,205,634	$	3,511,270	$	(147,296	)	$	(732,019	)	$	4,837,589
Class C	3,840,000		(37,796		)	2,354,952		(104,058		)	130,021		6,183,119		15,516,532		26,268,824		(1,396,329		)	(5,762,808		)	34,626,219
Class D	332,331		(1,138		)	40,795		—			7,107		379,095		418,886		12,354,048		—			(900,177		)	11,872,757
Class I	177,000		(4,231		)	34,999		(10,094		)	4,208		201,882		1,789,391		3,478,016		(420,421		)	(790,155		)	4,056,831

Total Members’ Interests	$	4,913,856	$	(48,553	)	$	2,654,992	$	(114,152	)	$	158,938	$	7,565,081	$	19,930,443	$	45,612,158	$	(1,964,046	)	$	(8,185,159	)	$	55,393,396

Class A	$	—	$	—		$	10,000	$	—		$	243	$	10,243	$	11,142	$	—	$	—		$	(2,342	)	$	8,800
Class C	—		—			9,999		—			227		10,226		11,061		—		—			(2,370		)	8,691
Class D	—		—			—		—			—		—		—		—		—			—			—
Class I	—		—			—		—			—		—		—		—		—			—			—

Total Sponsor’s Interest	$	—	$	—		$	19,999	$	—		$	470	$	20,469	$	22,203	$	—	$	—		$	(4,712	)	$	17,491

Total Members’ Capital	$	4,913,856	$	(48,553	)	$	2,674,991	$	(114,152	)	$	159,408	$	7,585,550	$	19,952,646	$	45,612,158	$	(1,964,046	)	$	(8,189,871	)	$	55,410,887

See notes to financial statements.

ML APPLETON FUTURESACCESS LLC

(a Delaware Limited Liability Company)

NOTES TO FINANCIAL STATEMENTS

(unaudited)

1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

In the opinion of management, the financial statements contain all adjustments necessary to present fairly the financial position of ML Appleton FuturesAccess LLC (the “Fund”) as of June 30, 2006, and the results of its operations for the three and six months ended June 30, 2006 and for the three months ended June 30, 2005, respectively. However, the operating results for the interim period may not be indicative of the results for the full year. The Fund commenced operations on April 1, 2005. Therefore, the Statements of Operations and Statements of Changes in Members’ Capital contain information only for the three month period ended June 30, 2005.

Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”) have been omitted. It is suggested that these financial statements be read in conjunction with the financial statements and notes thereto included in the Fund’s Annual Report on Form 10-K filed with the Securities and Exchange Commission for the period ended December 31, 2005.

The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

2. NET ASSET VALUE PER UNIT

At June 30, 2006 the Net Asset Values of the different series of Units are as follows:

	Net Asset Value					Net Asset Value per Unit
	All Other Purposes		Financial Reporting		Number of Shares	All Other Purposes		Financial Reporting
Class A	$	4,850,352	$	4,846,389	5,599,058	$	0.8663	$	0.8656
Class C	34,662,425		34,634,910		40,542,111	$	0.8550	$	0.8543
Class D	11,872,622		11,872,757		13,346,347	$	0.8896	$	0.8896
Class I	4,059,934		4,056,831		4,658,584	$	0.8715	$	0.8708
	$	55,445,333	$	55,410,887	64,146,100

At December 31, 2005 the Net Asset Values of the different series of Units are as follows:

	Net Asset Value					Net Asset Value per Unit
	All Other Purposes		Financial Reporting		Number of Shares	All Other Purposes		Financial Reporting
Class A	$	2,221,377	$	2,216,776	2,025,192	$	1.0969	$	1.0946
Class C	$	15,559,817	$	15,527,592	14,300,082	$	1.0881	$	1.0858
Class D	$	419,756	$	418,887	375,509	$	1.1178	$	1.1155
Class I	$	1,793,105	$	1,789,391	1,627,486	$	1.1018	$	1.0995
	$	19,994,055	$	19,952,646	18,328,269

3. FAIR VALUE AND OFF-BALANCE SHEET RISK

The nature of this Fund has certain risks, which cannot all be presented on the financial statements. The following summarizes some of those risks.

Market Risk

Derivative instruments involve varying degrees of off-balance sheet market risk. Changes in the level or volatility of interest rates, foreign currency exchange rates or the market values of the financial instruments or commodities underlying such derivative instruments frequently result in changes in the Fund’s net unrealized profit (loss) on such derivative instruments as reflected in the Statement of Financial Condition. The Fund’s exposure to market risk is influenced by a number of factors, including the relationships among the derivative instruments held by the Fund as well as the volatility and liquidity of the markets in which the derivative instruments are traded.

The Sponsor of the Fund, Merrill Lynch Alternative Investments (“MLAI”), has procedures in place intended to control market risk exposure, although there can be no assurance that they will, in fact, succeed in doing so. These procedures focus primarily on monitoring the trading of Appleton Capital Management (“Appleton”), the trading advisor, calculating the Net Asset Value of the Fund as of the close of business on each day and reviewing outstanding positions for over-concentrations. While MLAI does not itself intervene in the markets to hedge or diversify the Fund’s market exposure, MLAI may urge Appleton to reallocate positions in an attempt to avoid over-concentrations. However, such interventions are expected to be unusual. It is expected that MLAI’s basic risk control procedures will consist of the ongoing process of advisor monitoring, with the market risk controls being applied by Appleton itself.

Credit Risk

The risks associated with exchange-traded contracts are typically perceived to be less than those associated with over-the-counter (non-exchange-traded) transactions, because exchanges typically provide clearinghouse arrangements in which the collective credit (in some cases limited in amount, in some cases not) of the members of the exchange is pledged to support the financial integrity of the exchange. In over-the-counter transactions, on the other hand, traders must rely solely on the credit of their respective individual counterparties. Margins, which may be subject to loss in the event of a default, are generally required in exchange trading, and counterparties may also require margin in the over-the-counter markets.

The credit risk associated with these instruments from counterparty nonperformance is the net unrealized profit, if any, included in the Statements of Financial Condition. The Fund attempts to mitigate this risk by dealing exclusively with Merrill Lynch & Co. Inc. (“Merrill Lynch”) entities as clearing brokers.

The Fund, in its normal course of business, enters into various contracts, with Merrill Lynch Pierce Fenner & Smith Inc. (“MLPF&S”) acting as its commodity broker. Pursuant to the brokerage arrangement with MLPF&S (which includes a netting arrangement), to the extent that such trading results in receivables from and payables to MLPF&S, these receivables and payables are offset and reported as a net receivable or payable and included in equity from commodity futures trading accounts in the Statements of Financial Condition.

Item 2: Management’s Discussion and Analysis of Financial Condition and Results of Operations

MONTH-END NET ASSET VALUE PER UNIT (1)

(NON US GAAP)

Class A

	Jan.		Feb.		Mar.		Apr.		May		Jun.
2005	n/a		n/a		n/a		$	0.9844	$	0.9424	$	1.0084
2006	$	1.1026	$	1.0013	$	0.9367	$	0.8956	$	0.8506	$	0.8663

Class C

	Jan.		Feb.		Mar.		Apr.		May		Jun.
2005	n/a		n/a		n/a		$	0.9836	$	0.9409	$	1.0059
2006	$	1.0929	$	0.9915	$	0.9268	$	0.8854	$	0.8402	$	0.8550

Class D

	Jan.		Feb.		Mar.		Apr.		May		Jun.
2005	n/a		n/a		n/a		$	0.9856	$	0.9448	$	1.0122
2006	$	1.1251	$	1.0231	$	0.9583	$	0.9174	$	0.8724	$	0.8896

Class I

	Jan.		Feb.		Mar.		Apr.		May		Jun.
2005	n/a		n/a		n/a		$	0.9847	$	0.9430	$	1.0094
2006	$	1.1079	$	1.0060	$	0.9414	$	0.9004	$	0.8554	$	0.8715

(1) Represents Net Asset Value per unit for all other purposes as discussed in Note 2 to the Financial Statements.

Performance Summary

January 1, 2006 to June 30, 2006

January 1, 2006 to March 31, 2006

The Fund posted a net loss trading in financials and currencies due to difficult trading conditions for all currency market participants as the market reversed some long established trends and themes.

The main difficulties continue to stem from the lack of direction in the Japanese yen. There appears to be two opposite forces pulling on the U.S. dollar and the Japanese yen. However, the significant interest rate differential and the outlook for further rates hikes from the U.S. Federal Reserve would appear to support the U.S. dollar. Against this, there appears to be a reluctance to hold U.S. currency against the backdrop of increasing deficits and the war in Iraq. As a result, the trading continued to be trapped in the 116.00 to 119.00 range. Losses for the Fund continued through the end of the quarter due to the unwinding of the carry trades across the board.

The traditional practice of holding a high yielding currency at the expense of a low-yield one is commonplace in the foreign exchange markets. The rationale is that in the absence of any movement in the spot price, the currency manager will benefit from the interest rate differential therein. Reflecting on the movement in the first quarter, or lack thereof, in the major currency markets, Japanese yen, Euro,

British pound and Canadian dollar showed that the price action in that time period was a trend-follower’s nightmare, with either little or no direction accompanied by patchy levels of volatility.

April 1, 2006 to June 30, 2006

The Fund posted a net trading loss in financials and currencies due to difficult trading conditions for all currency market participants as the market reversed some long established trends and themes.

The beginning of the second quarter proved to be uneventful from a performance point of view. In the middle of the quarter, for the fifth time this year, the Japanese yen strengthened sharply, causing the slide in the Australian dollar to the Japanese yen which resulted in most of the losses incurred at this time and in this one position. At the end of the quarter the Fund reversed its four month losing streak with 25% Risk Program recording a gain of roughly 1.82%. The quarter ended uneventful, with the interim performance never straying far above or below breakeven. Furthermore, positions were only marginally changed throughout the month as the previously held portfolio continued to present the best case for risk adjusted returns.

The traditional practice of holding a high yielding currency at the expense of a low-yield is commonplace in the foreign exchange markets. The rationale is that in the absence of any movement in the spot price, the currency manager will benefit from the interest rate differential therein. Reflecting on the movement in the second quarter, or lack thereof, in the major currency markets, Japanese yen, Euro, British pound and Canadian dollar will show that the price action in that time period was a trend-follower’s nightmare, with little or no direction accompanied by patchy levels of volatility.

April 1, 2005 to June 30, 2005

The Fund posted a gain for the second quarter despite losses in the first two months of the quarter. The Fund does primarily all of its trading in the currency sector.

The majority of trading revolved around the Canadian dollar early in the quarter. Previous gains made from a long Canadian dollar position versus the Japanese yen reversed to losses as the trend came to an end in April. Holding short positions in the Canadian dollar helped to get back from a downward trend to a more flat performance. However, the dominant short position soon experienced a reversal too sharp to avoid losses when the Canadian dollar/Japanese yen position experienced a sharp reversal as it began to rise in quick succession. The strength of the Canadian dollar throughout the quarter attributed to profits late in the quarter as the Fund added to its long positions.

Trading in the U.S. dollar was complex. The U.S. dollar appreciated against the Japanese yen and Euro then gradually slid back down early in the quarter. During the middle of the quarter the U.S. dollar began to move upwards against the Japanese yen and the Euro, which continued through the end of the quarter. The Euro’s continual decline was responsible for the gains that were realized in the latter part of the quarter.

The Japanese yen has proven to be a volatile market to trade in. The Japanese yen contributed to most of the losses early in the quarter. Towards the end of the quarter, the Japanese yen held steady against the U.S. dollar but remained high on the portfolio’s agenda as the Fund had a large exposure in the U.S. dollar/Japanese yen position.

Item 3. Quantitative and Qualitative Disclosures About Market Risk

Not applicable

Item 4. Controls and Procedures

MLAI, the Sponsor of ML Appleton FuturesAccess LLC, with the participation of the Sponsor’s Chief Executive Officer and the Chief Financial Officer, has evaluated the effectiveness of the design and operation of its disclosure controls and procedures with respect to the Fund as of the end of the period of this quarterly report, and, based on this evaluation, has concluded that these disclosure controls and procedures are effective. Additionally, there were no significant changes in the Fund’s internal controls or in other factors that could significantly affect these controls subsequent to the date of this evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.

PART II - OTHER INFORMATION

Item 1. Legal Proceedings

Neither the Fund nor MLAI has ever been the subject of any material litigation. Merrill Lynch is the 100% indirect owner of MLAI, Merrill Lynch International Bank (“MLIB”), MLPF&S and all other Merrill Lynch entities involved in the operation of the Fund. Merrill Lynch as well as certain of its subsidiaries and affiliates have been named as defendants in civil actions, arbitration proceedings and claims arising out of their respective business activities. Although the ultimate outcome of these actions cannot be predicted at this time and the results of legal proceedings cannot be predicted with certainty, it is the opinion of management that the result of these matters will not be materially adverse to the business operations or the financial condition of MLAI or the Fund.

Item 2. Changes in Securities and Use of Proceeds

(a) None.

(b) None.

(d) None.

Item 3. Defaults Upon Senior Securities

None.

Item 4. Submission of Matters to a Vote of Security Holders

None.

Item 5. Other Information

None.

Item 5(a). Recent Sales of Unregistered Securities: Uses of Proceeds From Registered Securities:

Issuance to accredited investors pursuant to Regulation D and Section 4(6) under the Securities Act. The selling agent of the following Class of Units was MLPF&S.

CLASS A

	Subscription
	Amount		Units	NAV(1)
Jan-06	$	462,669	421,798	$	1.0969
Feb-06	288,589		261,735	1.1026
Mar-06	512,670		512,004	1.0013
Apr-06	593,761		633,886	0.9367
May-06	650,316		726,123	0.8956
Jun-06	1,003,265		1,179,479	0.8506
Jul-06	397,791		459,184	0.8663

CLASS C

	Subscription
	Amount		Units	NAV(1)
Jan-06	$	1,980,960	1,820,568	$	1.0881
Feb-06	3,054,912		2,795,235	1.0929
Mar-06	6,161,674		6,214,497	0.9915
Apr-06	6,034,434		6,511,042	0.9268
May-06	5,120,927		5,783,744	0.8854
Jun-06	3,915,917		4,660,697	0.8402
Jul-06	4,109,926		4,806,931	0.8550

CLASS D

	Subscription
	Amount		Units	NAV(1)
Jan-06	$	1,084,998	970,655	$	1.1178
Feb-06	—		—	1.1251
Mar-06	—		—	1.0231
Apr-06	6,196,500		6,466,137	0.9583
May-06	4,987,550		5,436,614	0.9174
Jun-06	85,000		97,432	0.8724
Jul-06	577,100		648,718	0.8896

CLASS I

	Subscription
	Amount		Units	NAV(1)
Jan-06	$	144,997	131,600	$	1.1018
Feb-06	977,753		882,528	1.1079
Mar-06	334,370		332,376	1.0060
Apr-06	1,766,201		1,876,143	0.9414
May-06	48,000		53,309	0.9004
Jun-06	206,695		241,636	0.8554
Jul-06	501,376		575,302	0.8715

(1) Net Asset Value for all other purposes

Item 6. Exhibits

The following exhibits are incorporated by reference or are filed herewith to this Quarterly Report on Form 10-Q:

31.01 and

31.02 Rule 13a-14(a)/15d-14(a) Certifications

Exhibit 31.01

and 31.02: Are filed herewith.

32.01 and

32.02 Section 1350 Certifications

Exhibit 32.01

and 32.02 Are filed herewith.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	ML APPLETON FUTURESACCESS LLC


	By:		MERRILL LYNCH ALTERNATIVE
			INVESTMENTS LLC
			(General Partner)


Date: August 14, 2006	By	/s/ BENJAMIN WESTON
		Benjamin Weston
		Chief Executive Officer and President
		(Principal Executive Officer)

Date: August 14, 2006
	By		/s/ MICHAEL L. PUNGELLO
			Michael L. Pungello
			Vice President and Chief Financial Officer
			(Principal Financial and Accounting Officer)

ML Appleton FuturesAccess LLC 10-Q