Exhibit 99.1350CERT

         Certification Pursuant to Section 906 of the Sarbanes Oxley Act

      I, Terry K. Glenn, President of Merrill Lynch Value Opportunities Fund,
      Inc. and Master Value Opportunities Trust (together, the "Fund"), certify
      that:

            1.    The N-CSR of the Fund (the "Report") fully complies with the
                  requirements of Section 13(a) or 15(d) of the Securities
                  Exchange Act of 1934; and

            2.    The information contained in the Report fairly presents, in
                  all material respects, the financial condition and results of
                  operations of the Fund.

      Dated: November 19, 2004


                                                /s/ Terry K. Glenn
                                                ------------------
                                                Terry K. Glenn,
                                                President of
                                                Merrill Lynch Value
                                                Opportunities Fund, Inc. and
                                                Master Value Opportunities Trust

      A signed original of this written statement required by Section 906, or
      other document authenticating, acknowledging, or otherwise adopting the
      signature that appears in typed form within the electronic version of this
      written statement required by Section 906, has been provided to Merrill
      Lynch Value Opportunities Fund, Inc. and Master Value Opportunities Trust
      and will be retained by Merrill Lynch Value Opportunities Fund, Inc. and
      Master Value Opportunities Trust and furnished to the Securities and
      Exchange Commission or its staff upon request.



Exhibit 99.1350CERT

         Certification Pursuant to Section 906 of the Sarbanes Oxley Act

      I, Donald C. Burke, Chief Financial Officer of Merrill Lynch Value
      Opportunities Fund, Inc. and Master Value Opportunities Trust (together,
      the "Fund"), certify that:

            1.    The N-CSR of the Fund (the "Report") fully complies with the
                  requirements of Section 13(a) or 15(d) of the Securities
                  Exchange Act of 1934; and

            2.    The information contained in the Report fairly presents, in
                  all material respects, the financial condition and results of
                  operations of the Fund.

      Dated: November 19, 2004


                                                /s/ Donald C. Burke
                                                -------------------
                                                Donald C. Burke,
                                                Chief Financial Officer of
                                                Merrill Lynch Value
                                                Opportunities Fund, Inc. and
                                                Master Value Opportunities Trust

      A signed original of this written statement required by Section 906, or
      other document authenticating, acknowledging, or otherwise adopting the
      signature that appears in typed form within the electronic version of this
      written statement required by Section 906, has been provided to Merrill
      Lynch Value Opportunities Fund, Inc. and Master Value Opportunities Trust
      and will be retained by Merrill Lynch Value Opportunities Fund, Inc. and
      Master Value Opportunities Trust and furnished to the Securities and
      Exchange Commission or its staff upon request.