|Exhibit 99.5 Holders of Record, holding 5% or more of the outstanding balance for Merrill Lynch Mortgage Investors, Inc., Commercial Mortgage Pass-Through Certificates, Series 2004-BPC1 as reflected in the security position listing as of December 31, 2004 provided by DTC.  Class
Name and Address of Holder


Amount Held
% Class
A-1
The Bank of New York


3,468,000
6%

One Wall Street

New York, NY 10286

JP Morgan Chase Bank NA


29,283,000
52%

14201 Dallas Parkway

Dallas, TX 75254

SSB&T Co.




7,110,000
12%

1776 Heritage Dr.

Global Corporate Action Unit JAB 5NW

No. Quincy, MA 02171

Wells Fargo Bank NA



6,844,000
12%

733 Marquette Avenue

Minneapolis, MN 55479
A-2
Banc of America



25,000,000
18%

300 Harmon Meadow Blvd

New Port Towers

Jersey City, NJ 07302

WBNA-MAIN



8,500,000
6%

530 Walnut Street, First Floor

Philadelphia, PA 19101

Mellon Trust



16,350,000
11%

525 William Penn Place, Suite 3418

Pittsburgh, PA 15259

SSB&T Co.




83,500,000
60%

1776 Heritage Dr.

Global Corporate Action Unit JAB 5NW

No. Quincy, MA 02171
A-3
JPMCB/Prudential



25,000,000
14%

14201 Dallas Pkwy, 12 th Floor

Dallas, TX 75240

The Bank of New York


12,880,000
7%

One Wall Street

New York, NY 10286

JP Morgan Chase Bank NA


49,545,000
28%

14201 Dallas Parkway

Dallas, TX 75254
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|SSB&T Co.




40,415,000
23%

1776 Heritage Dr.

Global Corporate Action Unit JAB 5NW

No. Quincy, MA 02171

The Bank of New York/INV


25,000,000
14%

111 Sanders Creek

Barclays

E. Syracuse, NY 13057
A-4
The Bank of New York/Wachovia

13,000,000
26%

1 Wall Street, Fifth Floor

New York, NY 10286

SSB&T Co.




5,000,000
10%

1776 Heritage Dr.

Global Corporate Action Unit JAB 5NW

No. Quincy, MA 02171

Brown Brothers



5,000,000
10%

525 Washington Blvd

New Port Towers

Jersey City, NJ 07302

Merrill Lynch




25,845,000
52%

101 Hudson Street, Ninth Floor

Jersey City, NJ 07302
A-5
JP Morgan Chase Bank NA


87,280,000
22%

14201 Dallas Parkway

Dallas, TX 75254

SSB&T Co.




74,280,000
18%

1776 Heritage Dr.

Global Corporate Action Unit JAB 5NW

No. Quincy, MA 02171

WB/CAPITAL



35,000,000
8%

301 South College Street

Charlotte, NC 28288

The Bank of New York/Wachovia

20,000,000
5%

1 Wall Street, Fifth Floor

New York, NY 10286

Bank One/RET



33,000,000
8%

340 South Cleveland, Bldg 350

Columbus, OH 43240

CGM/SAL BR



62,000,000
15%

333 W. 34 th Street, Third Floor

New York, NY 10001

JPMCB/Prudential



33,195,000
8%

14201 Dallas Pkwy, 12 th Floor

Dallas, TX 75240                                                                                                      
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|Mellon Trust




36,145,000
9%

525 William Penn Place, Suite 3418

Pittsburgh, PA 15259
A-1A
FHL/RETAIN




182,874,000
100%

155 Parkrun Drive

Mail Stop 5DN

McLean, VA 22102
AJ
Citibank




54,000,000
57%

3800 Citibank Center B3-15

Tampa, FL 33610

SSB&T Co.




10,200,000
10%

1776 Heritage Dr.

Global Corporate Action Unit JAB 5NW

No. Quincy, MA 02171

JP Morgan Chase Bank NA


30,052,000
31%

14201 Dallas Parkway

Dallas, TX 75254
B
Citibank




7,807,000
29%

3800 Citibank Center B3-15

Tampa, FL 33610

JP Morgan Chase Bank NA


17,600,000
66%

14201 Dallas Parkway

Dallas, TX 75254
C
Citibank




10,000,000
80%

3800 Citibank Center B3-15

Tampa, FL 33610

JP Morgan Chase Bank NA


2,426,000
20%

14201 Dallas Parkway

Dallas, TX 75254
D
Citibank




18,640,000
100%

3800 Citibank Center B3-15

Tampa, FL 33610                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
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