Exhibit 10
 

Consent of Independent Registered Public Accounting Firm 

We consent to the incorporation by reference in this Post-Effective Amendment No. 21 to Registration Statement No. 33-28248 of Merrill Lynch Developing Capital Markets Fund, Inc. (the "Fund") on Form N-1A of our report dated August 15, 2005, appearing in the June 30, 2005 Annual Report of the Fund, which is incorporated by reference in the Statement of Additional Information which is part of this Registration Statement. We also consent to the reference to us under the caption "Financial Highlights" in the Prospectus, which is also a part of this Registration Statement. 

/s/ Deloitte & Touche llp 

Princeton, New Jersey
October 21, 2005