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EXHIBIT 10
INDEPENDENT AUDITORS' CONSENT
Merrill Lynch Small Cap Value Fund, Inc.:
(formerly Merrill Lynch Special Value Fund, Inc.)
We consent to the incorporation by reference in this Post-Effective Amendment
No. 28 to Registration Statement No. 2-60836 on Form N-1A of our report dated
May 8, 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, and to the use
of our report dated July 19, 2000 on the statement of assets and liabilities of
Master Small Cap Value Trust as of July 18, 2000, which appears in the Statement
of Additional Information, both of which are parts of such Registration
Statement.
/s/ Deloitte & Touche LLP
Deloitte & Touche LLP
Princeton, New Jersey
August 2, 2000
