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MERRILL LYNCH SPECIAL VALUE FUND, INC.
August 3, 1994
VIA ELECTRONIC FILING
Securities and Exchange Commission
450 Fifth Street, N.W.
Judiciary Plaza
Washington, D.C. 20549
Attention: Division of Investment Management
Re: Merrill Lynch Special Value Fund, Inc.
Post-Effective Amendment No. 19 to the
Registration Statement on Form N-1A
(Securities Act File No. 2-60836;
Investment Company Act File No. 811-2809)
Ladies and Gentlemen:
Pursuant to Rule 497(j) under the Securities Act of 1933, as amended
(the "1933 Act"), Merrill Lynch Special Value Fund, Inc. (the "Fund") hereby
certifies that:
(1) the forms of prospectus and statement of additional
information that would have been filed pursuant to Rule 497(c)
under the 1933 Act would not have differed from that contained
in Post-Effective Amendment No. 19 (the "Amendment") to the
Fund's Registration Statement on Form N-1A (the "Registration
Statement"), constituting the most recent amendment to the
Fund's Registration Statement under the 1933 Act; and
(2) the text of the Amendment to the Fund's Registration Statement
was filed electronically with the Securities and Exchange
Commission on July 28, 1994.
Very truly yours,
MERRILL LYNCH SPECIAL VALUE FUND, INC.
By: /s/ Mark B. Goldfus
Mark B. Goldfus
Secretary
