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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. 29 to Registration Statement No. 2-60836 on Form N-1A of our report dated
May 8, 2000, appearing in the Annual Report 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
Princeton, New Jersey
August 29, 2000
