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INDEPENDENT AUDITORS' CONSENT
Merrill Lynch Small Cap Value Fund, Inc.:
We consent to the incorporation by reference in this Post-Effective Amendment
No. 27 to Registration Statement No. 2-60836 of our report dated May 8, 2000
2000, appearing in the annual report to shareholders of Merrill Lynch Special
Value Fund, Inc. for the year ended March 31, 2000, and to the reference to us
under the caption "Financial Highlights" in the Prospectus, which is a part of
such Registration Statement.
/s/ Deloitte & Touche LLP
Deloitte & Touche LLP
Princeton, New Jersey
July 28, 2000
