We consent to the incorporation by reference in this Post-Effective
Amendment No. 1 to this Registration Statement No. 333-90189 on Form N-2
of our report dated October 19, 1999 appearing in the Annual Report of Merrill
Lynch Senior Floating Rate Fund II, Inc. for the period ended August 31,
1999, and to the reference to us under the caption Financial Highlights
in the Prospectus, which is a part of such Registration Statement. We also
consent to the use of our report dated September 29, 2000, to the Board
of Trustess and Investors of Master Senior Floating Rate Trust, appearing
in Part B of this Registration Statement. |