NO!
it's a different chemical compound than atf/ps fluid.
MB dealers stock the stuff for about 25/ 1/2 liter... you can order the febi replacement stuff here for 1/4 that price I think... call phil http://catalog.peachparts.com/item.wws?sku=W0133-1635777&itempk=76250&mfr=Febi&weight=2.05
you can also use tractor oil, iso46 NOT AW46!!! for about 12.00/gallon.

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John HAUL AWAY, OR CRUSHED CARS!!! HELP ME keep the cars out of the crusher! A/C Thread
"as I ride with my a/c on... I have fond memories of sweaty oily saturdays and spewing R12 into the air. THANKS for all you do!

My drivers:
1987 190D 2.5Turbo
1987 560SL convertible
1987 190D 2.5-5SPEED!!!

1987 300TD
2005 Dodge Sprinter 2500 158"WB
1994GMC 2500 6.5Turbo truck... I had to put the ladder somewhere!